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Oldies Advisor, an automatic trading tool, is a well-regarded piece of Forex software that offers a reliable strategy for consistent profits in Forex Trading. This review aims to provide an objective analysis of the product and its features.
Product Features and Operation
At the heart of the Oldies Advisor is an Expert Advisor (EA) that leverages Stoch logic cross with RSI filter and MA logic. This combination, while being a fairly ancient system, is known to deliver steady profits and longevity in the volatile forex market.
Supported Currency Pairs and Timeframes
The Oldies Advisor is designed to work best with Major Pair currencies. It operates efficiently on multiple timeframes, with recommended ranges being between M5 and H1. This versatility allows traders to adapt their forex strategy as per market conditions and currency pair performance.
Optimal Settings and Usage
Oldies Advisor comes with recommended preset settings, which can be fine-tuned according to the user’s trading style and risk appetite. Keep in mind, however, that for accounts with less than $6000, it is advised not to use higher than low-risk settings with a 1:500 leverage. For accounts with a leverage of 1:1000, significant risk setting can be accommodated with as low as $1000.
Broker and VPS Requirements
The Oldies Advisor is not sensitive to spread or slippage, making it a reliable Forex tool under various market conditions. However, to maximize its potential, it’s advised to utilize a good ECN broker. The EA should run on a Virtual Private Server (VPS) continuously for optimal performance.
Independent Testing and Updates
For those interested in witnessing the product’s performance before making a decision, independent testing of the Oldies Advisor is available on the forexroboteasy.com website. Subscriptions for updates on the results of these tests are also available, providing potential users with valuable insights and timely information.
FAQ
What is the Oldies Advisor?
Oldies Advisor is a Forex software tool based on an automatic trading advisor that uses Stoch logic cross with RSI filter and MA logic for consistent profits.
What currency pairs does it support?
Oldies Advisor is designed to work best with Major Pair currencies.
What are the recommended settings for using Oldies Advisor?
Recommended preset settings are provided with the product. However, it is advised not to use higher than low-risk settings on an account with less than $6000 and 1:500 leverage.
Where can I see independent testing of the product?
You can watch independent testing of Oldies Advisor on the forexroboteasy.com website.
Oldies Advisor Review, a thorough examination of this reliable Forex Tool, invites readers to share their personal experiences and feedback, contributing to the product’s continuous growth and updates. As an independent review, this article does not endorse or promote the product but aims to provide a comprehensive analysis to aid potential users in making an informed decision.
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