Tiger MT4 EA

The Tiger MT4 EA is an automated trading software designed to optimize Forex trading. With its unique approach to Grid Trading, it aims to elevate the trading experience for both novice and experienced traders.

Forex Trading with Tiger MT4 EA

This expert advisor utilizes the Grid Trading Strategy, a technique that allows the software to open positions at varying price levels. The Tiger MT4 EA is designed to work with any currency pair, provided the settings are adjusted accordingly. Moreover, it operates on any timeframe, making it a versatile tool for different trading strategies.

Optimized for EURUSD Trading

While the Tiger MT4 EA is compatible with all currency pairs, it comes with default settings optimized for EURUSD trading. A minimum deposit of $500 is recommended to start trading with these settings.

Key Features of Tiger MT4 EA

The Tiger MT4 EA boasts several unique features that can be customized to suit the trader’s needs. The ‘Magic number’ allows for the identification of trades made by the EA. The ‘Max orders’ feature sets the limit for the number of simultaneous buy or sell trades. To control the trading conditions, the ‘Max spread’ sets the maximum allowed spread in points.

Furthermore, the EA allows for the adjustment of lot sizes through the ‘Start Lot Size’, ‘Multiple lots’, and ‘Add lots’ options. Traders can also set a cap on the lot size with the ‘Max lot size’ feature. Other adjustable parameters include the ‘Distance for each order’, which sets the minimum distance required to open a trade, and ‘Take profit’ and ‘Stop loss for all orders’, which set the profit and loss limits for each series and all open positions, respectively.

Testing the Tiger MT4 EA

Interested traders can observe the performance of the Tiger MT4 EA through independent testing available on the forexroboteasy.com website. Subscriptions for updates on the testing results of this product are also available on the site.

FAQ

Is Tiger MT4 EA suitable for beginners?

Yes, the Tiger MT4 EA’s automated features and customizable settings make it suitable for both beginners and experienced traders.

Can Tiger MT4 EA work with any currency pair?

Yes, the Tiger MT4 EA can work with any currency pair with the appropriate settings.

Is there a recommended deposit for using Tiger MT4 EA?

Yes, a minimum deposit of $500 is recommended when using the default settings for EURUSD trading.

We invite readers to share their experiences of using the Tiger MT4 EA software. This independent product review aims to provide an unbiased assessment of its features and performance in the Forex trading sphere.