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Overview
The True Range P MT4 Software is an automated forex trading solution that incorporates the Night Scalping and Smart Grid System. This review aims to provide a comprehensive overview of this software, its features, and its performance in the forex market.
Automated Trading and Risk Management
One of the key features of the True Range P MT4 Software is its 100% automated trades capability. This means that once the software is configured, it can conduct trades without any human intervention. It’s a definite plus for traders who may want to focus on other aspects of their trading strategies or those who simply wish to save time.
Another significant feature is the hard stop loss for every position. This attribute ensures that a trader’s possible losses are limited, thus providing a robust risk management system. The dynamic basket take-profit feature allows for maximising profits when the market conditions are favourable.
Performance and Backtesting Results
The software claims to have undergone extensive backtesting from 2000 to 2022, with every tick and 100% history quality. The results demonstrate that the software has the potential to perform well in a variety of market conditions. For traders interested in seeing these results, independent testing of this product can be found on the forexroboteasy.com website.
Spread Protection and Volume Management
The True Range P MT4 Software offers high spread protection, which can be particularly beneficial during times of market volatility. This feature helps to protect traders from unfavorable spreads that could negatively affect their trading outcomes.
In terms of volume management, the software provides both fixed and auto volume options. This allows traders to choose the volume setting that best aligns with their trading strategy and risk tolerance.
Optimisation and Compatibility
The software is optimised for use between 2010 and 2022, making it suitable for modern-day forex trading. It also offers FIFO compatibility, which is a requirement for traders operating under US regulations.
FAQ about True Range P MT4 Software
What kind of trading strategies does the software support?
The software supports both long and short trading strategies. This provides traders with the flexibility to adapt to changing market conditions.
Can I change the trading volume?
Yes, the software allows for both fixed and relative volume settings.
What is the maximum spread allowed?
The maximum spread is defined by the user, providing flexibility based on individual trading strategies and market conditions.
We invite users of the True Range P MT4 Software to share their experiences with the product. Remember, this is an independent review, and your feedback will help other traders make informed decisions.
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forexroboteasy.com
1 review
From the moment I started using the True Range P MT4, I noticed a significant difference in my trading. The software is designed to provide accurate and reliable trading signals, which has greatly improved my decision-making process. It has a user-friendly interface that is easy to navigate, even for beginners. The software is also equipped with advanced features that cater to the needs of experienced traders. One of the things that set the True Range P MT4 apart from other EAs is its stability. I've used it in different market conditions, and it has consistently delivered excellent results. It's not affected by market volatility, which is a common problem with other EAs. This stability has given me peace of mind, knowing that I can rely on the software to perform optimally at all times. The True Range P MT4 also offers excellent customer support. Whenever I've had any issues or questions, the support team has been quick to respond and provide solutions. This level of customer service is rare in the forex market, and it's one of the reasons why I highly recommend the True Range P MT4. In conclusion, the True Range P MT4 is a top-notch forex trading software that offers stability, reliability, and excellent customer support. It has significantly improved my trading experience, and I believe it's a valuable tool for any forex trader. Whether you're a beginner or an experienced trader, the True Range P MT4 is definitely worth considering.
1 review
This program is cool, it works without crashes and freezes. It saves a lot of time and nerves in my work. I am very pleased that I have installed👍