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- Forex Robot Review
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- Golden Tree
Today’s forex market requires aggressive trading strategies and the right set of forex trading tools to capitalize on currency trading. In this comprehensive review, we take an in-depth look at the Golden Tree Forex Software, a unique system designed for aggressive scalping strategy with a special focus on Gold (XAUUSD) M1.
Unique Trading Aspects of Golden Tree Forex Software
Golden Tree adopts a unique approach to forex trading. It operates as an aggressive multi-cycle scalper, with each cycle functioning independently. Each cycle uses a sequence of orders, each with its own take profit (TP) and stop loss (SL), ensuring that the system is constantly adjusting to market conditions in real-time. This forex software embodies the true essence of aggressive trading and aims to achieve a high success rate by leveraging strong recurrences of the past.
Golden Tree’s Pricing and Purchase Model
A unique feature of Golden Tree’s pricing model is its progressive pricing structure – every 5 copies sold results in an increase of $100 in the purchase price. Designed to reward early adopters, this approach encourages users to take advantage of the software’s capabilities early on. To start using this software, a minimum deposit of $100 with a 1:500 leverage is required.
The Role of the Autolot System in Golden Tree Forex Software
Incorporating an autolot system, Golden Tree maximizes efficiency in forex trading. This system allows traders to automate lot size calculation based on the balance available in their trading account. It’s recommended to use a 1:500 ECN account with a low spread and a fast VPS for optimal performance. Additionally, this software requires at least 1000 MB (1 GB) of free RAM per chart, ensuring smooth operation and efficient market analysis.
Golden Tree’s Use of the Martingale System
The Golden Tree employs the Martingale system, a widely used probability theory in forex trading. This system doubles the trade size after a loss, allowing the potential to recover previous losses from any new profits. However, it’s important to note that the market conditions can change, and this EA does not predict future conditions. Therefore, it’s advisable to activate the stop loss function and avoid a very risky setup.
FAQ Section
Q: Where can I find this product?
A: The Golden Tree Forex Software is exclusively available on the official MQL5 website. Beware of scams if you see it offered elsewhere.
Q: Can I find independent testing of this product?
A: Yes, you can watch independent testing of this product on the forexroboteasy.com website and even subscribe to updates on the results of testing this product.
Q: Can I share my experience with the product?
A: Absolutely, user experiences and reviews are always welcome and can provide valuable insights for other users considering this product.
Q: Is the Golden Tree Forex Software suitable for beginners?
A: While the software does offer a high success rate, it’s designed for aggressive trading, which may not be suitable for beginners. It’s essential to fully understand the risks associated with forex trading before using this software.
Wrapping Up
Golden Tree Forex Software, with its aggressive scalping strategy, is designed to help traders navigate the volatile forex market successfully. However, it’s crucial to understand that trading in the forex market involves significant risk. Therefore, always employ safe trading practices, including setting a stop loss and maintaining a low-risk setup.
We hope this Golden Tree Review has provided a detailed insight into the software’s functionality and features. As always, it’s vital to do your research and familiarize yourself with the software before committing any funds. Happy trading!
Golden Tree Forex Software Review: Aggressive Scalping Strategy
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Review: 'Golden Tree' – A Stellar Forex Trading Software
One particular day, I found myself losing a staggering $3,000, even though I had set the Lot to a mere 0.03. This was a shocking revelation, as the signal had plummeted by a whopping 80%. This is a glaring indication of the high-risk nature of this software, and I would strongly advise against its use. I recall a specific instance where I had placed long buy orders at $1806, only to witness a drastic drop to $1767. This was a hard pill to swallow, and in my opinion, this software is one of the worst EAs I have ever encountered. The proximity between orders was either too close for comfort or there was no logical explanation for the sequence of events. Another aspect that left a bitter taste in my mouth was the stark contrast between the order profit and loss order. The profit from an order was a meager $3, while the loss order was a hefty $3,000. This disparity is not only discouraging but also raises questions about the reliability of this software. In conclusion, my experience with the "Golden Tree" Forex software has been far from satisfactory. The high-risk nature, coupled with the drastic drop in signals and the close proximity of order distances, makes it a precarious choice for anyone looking to make a profit in the Forex market. The stark contrast between the order profit and loss order further adds to the list of reasons why I would not recommend this software.