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- Forex Robot Review
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- Stenvall MK III
As a third-generation product of the EA Stenvall series, the Stenvall MK III has proven to be a reliable Forex software for long-term investment. This software uses a hybrid trading method, combining trend and countertrend strategies, making it an ideal tool for private investments or trust management accounts.
Stenvall MK III: A Brief History
The first version of Stenvall was developed in 2016 and made publicly available on MQL5 in 2019. Since its public offering, the performance of the EA Stenvall MK III has been continuously monitored and is available for viewing 24/5. In just over two years, the software has shown a performance increase of 200% with a maximum drawdown of 8%.
Performance and Strategy
The Stenvall MK III is more than just a night scalper. With each update, its functions and trading methods have been improved and expanded to 24-hour trading, with an increase in signal accuracy to 70%. This improvement is largely due to the fact that refining a strategy in live mode is much easier than flat backtesting alone.
Unlike other Forex software, Stenvall MK III does not use tricks or dangerous strategies such as martingale or grid. Instead, it employs true Algo-Trading 24 hours a day with complex wave analysis and a long hold of positions. Each position is protected by a stop loss, and the software comes with 76 onboard functions. The average TP size is 150 pips, and the average load on the deposit is 5%, meaning there’s no need to increase the lot to gain profit.
Reliability and Security
Due to its reliability and security, Stenvall MK III has become the choice of professionals. The trading strategy is direct and clean, making it suitable for use with a deposit estimated in millions without any issues with order execution. More than half of its users reportedly use Stenvall for trading signals or investment accounts.
Testing and Installation
The Stenvall MK III offers two sets by default, the recommended one, and an additional one for increasing the number of deals. Both sets have a mid-risk with an automatic lot. The profit/risk can be adjusted using the Auto Lot parameter, ranging from 0.1 (low risk) to 0.9. The installation process is simple and takes about three minutes.
FAQ
For any issues or queries, users can reach out to the support team. It’s essential to disable the NEW YEAR filter when checking the EA for a history shift or any other check-test.
For independent testing of this product, users can visit the forexroboteasy.com website and subscribe to updates on the results of testing this product. We invite readers to share their experiences using the Stenvall MK III.
This review is an independent assessment of the Stenvall MK III Forex software. It does not represent any personal or professional endorsement of the product.
Stenvall MK III Review: Proven Forex Software for Long-Term Investment
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jonasw
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Expert Review: Stenvall MK III - The Ultimate Forex Trading Software
The grid system, which was touted as a revolutionary feature, has proven to be nothing more than a gimmick. Despite several updates, the system remains the same, failing to deliver on its promises. It's frustrating to see that the developers have not made any significant improvements to address the issues. The most disheartening aspect is the consistent losses I've been experiencing. In less than a day, I've seen a decline of more than 20% in my portfolio, even with the default risk settings. This is a significant blow, especially considering the high hopes I had for this software. I've invested not just my money, but also my time and trust in this software. It's disheartening to see all of it go down the drain. It's clear to me now that this software is not worth the investment. I would strongly advise potential users to steer clear of it. The least the author could do is offer a refund for the money paid. It's only fair, considering the software has failed to deliver on its promises. It's disappointing to see such a lack of accountability and responsibility from the developers. In conclusion, the Stenvall MK III Forex software has been a huge disappointment. It's a classic case of all talk and no action. I would definitely not recommend this software to anyone. It's a waste of money, time, and most importantly, trust. I hope my experience serves as a warning to others considering investing in this software.