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Overview
One Direction Pro MT4, a formidable player in the Forex software market, is a blend of multiple trading strategies. It combines hedging, grid averaging, pyramiding, and lot martingale-anti martingale strategies to ensure swift entries and exits from the market. This swift forex software is designed to avoid being caught off guard by unexpected market fluctuations.
Managing Open Positions
The software comes with an array of expert parameters to manage open positions effectively. One of the key features is the ‘Continue New Cycle’. If set to false, the software only manages the remaining open positions and refrains from opening new ones when all positions have been closed. The software also allows for both buy and sell trades. It possesses an option to select the entry method and the average period for indicators in bars. The software also has provisions to set the distance from high and low bands and envelopes (in pips) to initiate trades. Users have the flexibility to set minimum and maximum waves to start and stop trades, respectively. It also includes an option to reverse the main signal and employs trend filters for main signals.
Lot and Money Management
One Direction Pro MT4 provides an option to choose the lot type and manage lots automatically. In the case of AutoLot being true, users can fill in the money to manage. For example, if the balance is 5000 and the user fills in 1000, the AutoLot equals 0.05. If AutoLot is set to false, users can fill in the start lot. The software also comes with a multiplier lot coefficient for Martingale 3/Anti Martingale 2/Mix Lot. It sets maximal lots per trade and also has a provision for setting the maximum trades allowed.
Managing GRID
The software enables users to manage GRID effectively. It allows users to open the next grid only on a new bar and based on the trend direction. The software also has a feature to set the distance in pips to open the next position and an expanding step coefficient as a step multiplier coefficient.
Step Parameter Changes and Managing Close
One Direction Pro MT4 provides an option to change steps with a provision to set the lots to start changing the step. It also allows users to set the change step to (in pips) and an expanding step coefficient as a multiplier coefficient for change step. The software also comes with a feature to enable/disable the close method and select between the close by opposite signal or close in the middle. It also allows users to close all positions when the cut loss target is reached, either in money or percentage.
Managing SLTP and Trailing
The software allows for the use of Stoploss and Take Profit in pips. Users have the flexibility to set the Stop Loss (in pips), with 0 indicating no stop loss and Take Profit (in pips), with 0 indicating no take profit. The software also allows for averaging trailing in pips and setting the point where trailing starts in pips.
FAQ Section
Where can I watch independent testing of One Direction Pro MT4?
Users can watch independent testing of this product on the forexroboteasy.com website.
Can I subscribe to updates on the results of testing this product?
Yes, users can subscribe to updates on the results of testing this product.
Readers are invited to share their own experiences using One Direction Pro MT4. Please note that this is an independent product review and is written impartially in the third person.
One Direction Pro MT4 is an advanced Forex trading tool that brings a host of features to facilitate smooth and swift trading in the Forex market. Its wide array of functionalities provides great flexibility to users to customize and control their trading strategies effectively. This comprehensive review provides a deep insight into the various features and functionalities of the software.
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