The market of Forex Trading is ever-evolving and presents the need for advanced tools that can help traders navigate the volatile world of currency trading. One such tool in the spotlight is Black Bird MT4, an advanced Forex software that promises low-risk trading.
Technical Analysis and Market Patterns: The Backbone of Black Bird MT4
At the heart of Black Bird MT4 lies advanced algorithms that employ technical analysis and market patterns to pinpoint market entry opportunities. The software is capable of analysing vast amounts of information in real-time, thereby identifying and exploiting market inefficiencies. This is achieved through complex data processing and the application of machine learning techniques.
Functionality and Pricing
The Black Bird algorithm operates for short durations when the market is in range and volatility is low. This unique feature eliminates the need for news filters and requires minimal attention from the user as trades will have limited pips of movement, reducing the risk factor impressively. The final price of this software is $1000, with the remaining 2/5 copies available at $120. After the purchase, private contact is encouraged for further assistance.
Real Results and New Features
Black Bird MT4 demonstrates real results with this Expert Advisor. It stands out from the crowd as it refrains from using risky strategies such as martingale, averaging, or hedging. Instead, all trades come with stop loss and take profit protection, and only one trade per pair will be opened simultaneously. This makes the tool user-friendly as no set up is required, and the information is stored internally.
Requirements and Setup
For optimal results, the software should be run on a Virtual Private Server (VPS) continuously to avoid any external interruptions. The choice of broker is also crucial and should ideally be a good ECN with very low spreads during the night. The software is sensitive to spreads, and hence, using a RAW account to reduce the spread is advised. The minimum capital can be $150 for an initial lot of 0.01.
FAQ
How to set up the Black Bird MT4?
Attach the Expert Advisor to three charts (EURSGD, GBPCHF, GBPCAD) on the M1 time frame. It is recommended to change the magic number to be a different one on each chart for effective results.
Are there any potential scams associated with this product?
Black Bird MT4 is only sold on MQL5.com. Any external purchases from different websites are likely to be fraudulent and the products offered will not function the same as the originals.
Independent testing of this product can be viewed on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product. Readers are encouraged to share their experience of using this product. Please note, this is an independent product review and is written from a neutral perspective.
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