Introducing the Greedy Gray Forex Software, an innovative tool designed specifically for the Forex Market. This free version of the Greedy-Expert series offers real-time monitoring and operates on the USDJPY chart. The software is fully automated, leveraging Volume Profile FR to facilitate efficient currency trading.
What is Volume Profile FR?
Unlike the typical volume indicator that shows only candle volumes, Volume Profile FR calculates volume in price levels. It allows traders to identify significant areas with the potential for reversal. This unique feature also enables users to view the volume of support and resistance levels, making strategic decisions based on these insights.
What Makes the Greedy Gray Forex Software Stand Out?
The Greedy Gray Forex Softwareโs algorithm uses Volume Profile FR to detect support and resistance areas and opens positions accordingly. This unique approach not only sets it apart but also makes it a powerful tool for Forex Trading. Itโs not affected by news or market fluctuations and can be used across different symbols and time frames.
How Does This Forex Software Work?
The Greedy Gray Forex Software detects divergences using the RSI Divergence Indicator and opens a position. If the market moves according to the position, the software automatically trails the stop. In case of a new divergence, it adds to the position volume by opening a new trade. All positions have a stop-loss to protect against unexpected market fluctuations. Positions do not have a take-profit, and they are closed using the trail stop mechanism to maximize the potential profit.
What Are The Advantages of The Greedy Gray Forex Software?
This Forex software is fully automated, managing all operations such as position opening, trail stop, money management, and protection of positions. Itโs a unique tool with no equivalent in the market, designed with a user-friendly interface. Furthermore, it has the capability to absorb maximum profit from the market with its trail stop capability. The software consists of a 4000 lines script, ensuring no execution errors and lags.
FAQs
What are the recommended trading pairs?
The recommended trading pairs for this software include AUDNZD, NZDCHF, AUDJPY, EURNZD, CHFJPY, AUDCAD, EURUSDCADJPY, EURAUD, NZDCAD, NZDJPY, EURJPY, USDCAD, and XAUUSD.
What is the minimum deposit?
The minimum deposit is $100 in a Cent Account (10000 cents), or $800 in Standard Accounts.
What leverage is recommended?
The recommended leverage is a minimum of 1:30.
Are there specific brokers that should be used?
The software can be used with every broker, but an ECN account with low spreads is recommended.
For more information or further queries, it is advised to contact the productโs designers. Independent testing of the Greedy Gray Forex Software can be viewed on the forexroboteasy.com website. Additionally, users can subscribe to updates on the results of testing this efficient Forex Trading Tool.
Is the Greedy Gray Forex Software part of your trading tools? Feel free to share your experiences and insights. Remember, this is an independent product review, and all views expressed are based on available information.
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