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Overview
In the challenging world of Forex trading, having the right tools can make all the difference. One such tool is the Atomic79 Rookies, a newbie-friendly version of the original Atomic79 EA. This affordable yet powerful Forex EA is designed for those who want to experience the benefits of a powerful EA without breaking the bank.
Atomic79 Rookies: An Overview
The Atomic79 Rookies operates on the XAUUSD symbol on the M5 timeframe. It is an automatic Expert Advisor, which requires no configuration, making it an ideal tool for Forex rookies. The minimum capital to use it is $1,000, with a recommended leverage of not less than 1:500. It is crucial that the account be of the Hedge type, allowing BUYs and SELLs to occur simultaneously. The recommended spread should not exceed 35.
Key Features of Atomic79 Rookies
This Forex EA comes with minimal parameters including MagicNumber, Comments for orders, Maximum Spread Allowed, Trade size, Lot Multiplier, Take Profit (in currency), and Step: Distance between operations. It also includes a Show Information feature. These features are not only simple to use but also provide a comprehensive Forex market analysis.
How Does Atomic79 Rookies Work?
Atomic79 Rookies operates by gathering market data to predict market movements. If the prediction fails, another trade is opened to offset the losses, ultimately aiming to close with a profit. This intelligent system ensures that profit is calculated in the account’s currency. If your account is in euros or dollars, there’s no need for any changes. However, if it operates in another currency, the TAKE PROFIT feature must be modified.
This automatic Expert Advisor requires no intervention in its process. Manual closing of trades or changes during its operation should be avoided. It is important to note that Atomic79 Rookies does not include a Stop Loss feature, utilizing a strategy where losses are always averaged with winning trades.
Installation and Support
Installing Atomic79 Rookies on your MT4 terminal is a straightforward process. Should you encounter any difficulties or have questions, the product offers customer support via private messaging. Independent testing of this product can be observed on the forexroboteasy.com website, where users can also subscribe to updates on the results of the product testing.
FAQ Section
1. Can I manually close trades or make changes during the operation of Atomic79 Rookies?
No, it’s recommended not to interfere with the process as it is fully automatic.
2. What if my account operates in a currency other than euros or dollars?
You will need to modify the TAKE PROFIT feature accordingly.
3. Does Atomic79 Rookies include a Stop Loss feature?
No, Atomic79 Rookies averages losses with winning trades instead of using a Stop Loss feature.
We encourage users of Atomic79 Rookies to share their experiences. Your insights can help others make informed decisions about whether this Forex EA is right for them.
Remember, this review is independent, and the product is not affiliated with this review platform. As such, your honest feedback is crucial to helping others in the Forex trading community.
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