At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
With the advent of sophisticated Forex software, traders are continually seeking tools to maximize their Forex profits while minimizing risk. In this context, an innovative Forex software, Reward Multiplier MT4, has gained significant attention lately.
Semi-Automatic Trade Management with Reward Multiplier MT4
Unlike other EAs on the market, Reward Multiplier MT4 is a semi-automatic trade manager that utilizes pyramid trading principles. The software opens additional orders using your running trade profits, hence, exponentially maximizing your returns without increasing the risk.
One of the intriguing features of Reward Multiplier MT4 is its ability to display potential profit/loss and the reward to risk ratio before the first trade is even placed. This functionality provides traders with a clear and calculated risk management strategy.
Maximize Forex Profits: How Reward Multiplier MT4 Works
Once your trade enters the profit zone, Reward Multiplier MT4 opens a new trade using the profit from the first one and shifts the stop loss for both orders to the breakeven point. This results in two open orders with zero risk. As the price continues to move towards the target, the profit increases to the required amount to open a new order. The cycle repeats, moving the stop loss to the breakeven point, increasing the total order volume and creating a snowball effect which increases the profit exponentially at the later stages of the process.
If the price goes against the trade and hits the breakeven point, the orders close with zero profit/loss. The worst-case scenario is the stop loss of the first order being hit before entering into profit and the opening of new orders.
Who Should Use Reward Multiplier MT4?
Forex traders who follow momentum or patterns like triangles, flags, pennants, consolidation breakouts like Bollinger bands squeeze break, price rallies from supply-demand zones, or price action trends will find this tool highly beneficial. The software is also ideal for those trading in today’s volatile markets, including Forex and cryptocurrencies.
Reward Multiplier MT4 Features
Reward Multiplier MT4 boasts several standout features. It provides potential profit/loss and reward to risk ratio information before entering the first trade. The easy-to-use panel allows you to open the first order and let Reward Multiplier handle the rest. The software is also compatible with orders opened by other EAs.
Reward Multiplier MT4 is not limited to currency pairs. It works with all instruments including CFDs, metals, cryptocurrencies, and more. Traders can test the product in the MT4 strategy tester visual mode before taking it live.
Testing and Feedback
Independent testing of Reward Multiplier MT4 is available on the forexroboteasy.com website. Users can subscribe to updates on the results of testing this product. We encourage users to share their experiences with this product.
FAQs
Is Reward Multiplier MT4 Risk-Free?
Yes, Reward Multiplier MT4 aims to manage risk by moving the stop loss to the breakeven point, resulting in zero risk.
Can Reward Multiplier MT4 work with other Expert Advisors (EAs)?
Yes, Reward Multiplier MT4 is compatible with orders opened by other EAs.
Can I test Reward Multiplier MT4 before taking it live?
Yes, you can test Reward Multiplier MT4 in the MT4 strategy tester visual mode.
This review is independent, and the text is written in the third person. The review does not endorse or advertise the product but merely presents the facts and features of the product.
forexroboteasy.com