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Forex trading has become an increasingly popular investment strategy for individuals and institutions alike. One development that has significantly improved the trading experience is the advent of Forex software. Among these, the Expert Advisor (EA) RTC Spectra stands out for delivering consistent long-term Forex results. This RTC Spectra Review takes an in-depth look at this Forex technology, its strategies, and its performance with various brokers.
RTC Spectra: A Unique Approach to Forex Trading
The RTC Spectra EA is specifically designed for long-term trading, offering both good and consistent results. This Forex software has been tried and tested with nearly all top brokers and has shown admirable performance. The EA runs concurrently on two currency pairs, namely EURUSD and GBPUSD, on the H1 timeframe. This unique strategy contributes to its ability to deliver consistent trading results.
Understanding RTC Spectra’s Simplified Input Parameters
RTC Spectra features a simplified input parameter system, making it user-friendly and free from the often cumbersome settings found in other EAs. The input parameter is limited to the basic lotsize value, which can be easily adjusted according to your capital size. For instance, if your capital is twice the initial amount, you only need to double the lotsize.
Here’s an illustration of the initial lotsize relationship table adjusted to your initial capital:
Initial Deposit (Recommended) | Lots (start) | Initial Deposit (Minimal) | Lots (start) |
---|---|---|---|
Micro: $20 | 0.01 | Micro: $10 | 0.01 |
Micro: $200 | 0.1 | Micro: $100 | 0.1 |
Micro: $400 | 0.2 | Micro: $200 | 0.2 |
Micro: $800 | 0.3 | Micro: $400 | 0.3 |
Micro: $1600 | 0.4 | Micro: $800 | 0.4 |
Standard: $2000 | 0.01 | Standard: $1000 | 0.01 |
Standard: $4000 | 0.02 | Standard: $2000 | 0.02 |
Standard: $8000 | 0.03 | Standard: $4000 | 0.03 |
Standard: $16000 | 0.04 | Standard: $8000 | 0.04 |
RTC Spectra’s Parameter Functions
The RTC Spectra EA features a number of parameter functions, including:
- MinDepositForex = 500; This part doesn’t need to be altered
- MinDepositMetal = 10000; This part doesn’t need to be changed
- TP = 10; This TakeProfit in pips is only for level 1 orders
- SL_Money
Independent Testing and User Experiences
Independent testing of the RTC Spectra can be viewed on the forexroboteasy.com website. Users are invited to subscribe to updates on the results of testing this product. Moreover, sharing personal experiences of using this product is highly encouraged. This allows prospective users to make more informed decisions based on real-life experiences of other traders.
FAQs
1. Can I use RTC Spectra with any Forex broker?
Yes, RTC Spectra has been tested with almost all top brokers with good and consistent results.
2. How does RTC Spectra deliver consistent long-term results?
RTC Spectra employs a unique strategy of running simultaneously on two currency pairs, EURUSD and GBPUSD, on the H1 timeframe. This, along with its simplified input parameters, contributes to its consistent performance.
3. Where can I find independent testing results for RTC Spectra?
You can view independent testing results for RTC Spectra on the forexroboteasy.com website.
In conclusion, RTC Spectra represents a significant advancement in Forex technology. Its unique design and operational simplicity make it a worthy tool for those seeking consistent long-term Forex trading results. However, it’s essential for users to adhere to recommended capital size and lots size value to achieve the desired results. And remember, one’s trading results are as good as the strategies employed, and RTC Spectra seems to have cracked the code in this regard.
forexroboteasy.com
1 review
One of the primary areas that need an update is the introduction of a maximum float drawdown feature. This feature is crucial in Forex trading as it helps traders to measure the highest loss that their account has taken from a peak point to a trough point. It's a vital risk metric that every trader should monitor closely. Unfortunately, RtcSpectra currently lacks this feature, which I believe is a significant oversight. The inclusion of this feature would provide a more comprehensive risk management tool, enabling traders to better understand their trading performance and make more informed decisions. Additionally, I believe the software could benefit from an update to its strategy component. The current strategy options provided by RtcSpectra are somewhat limited and do not cater to the diverse trading styles and preferences of different traders. An update that introduces more strategy options would be highly beneficial. It would cater to a broader range of trading styles, from conservative to aggressive, allowing each trader to select a strategy that best aligns with their trading goals and risk tolerance. In conclusion, while RtcSpectra is a commendable Forex trading software, it is not without its shortcomings. The lack of a maximum float drawdown feature and limited strategy options are significant areas that need to be addressed. I am optimistic that these updates would greatly improve the software's functionality and user experience, making it an even more powerful tool for Forex traders. I look forward to seeing these improvements in future updates, and I believe they will significantly enhance my trading experience.