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Overview
Forex trading has evolved immensely over the years, with trading software playing a pivotal role in simplifying the process. One such software is the Invincible Ares. Known for its trend prediction strategy, Invincible Ares offers a unique approach to Forex trading.
Understanding Invincible Aresโ Trend Prediction Strategy
This Forex Expert Advisor (EA) uses a distinctive method to determine the direction of market trends. It bases its trend analysis on the highest and lowest prices within a given range. This approach provides a broader perspective on the market, allowing for more accurate market analysis. Additionally, the EA uses this data to judge shock market behavior within larger trends, based on the small range of the highest and lowest prices.
Trading with Oversold and Overbought Positions
Invincible Ares further refines its Forex strategy by considering the end of big trend corrections. Here, it looks at the end of the small level range shocks, examining the range of oversold positions to open orders and the range of overbought positions to open orders. This approach enables a more precise entry and exit strategy in currency trading. Furthermore, if the price does not fall back to 1/4 of the big trend, it continues to open positions, capping at a maximum of five orders.
Exit Strategy and Profit Points
Exiting trades at the optimal moment is crucial in Forex trading. Invincible Ares takes this into account by using the shock market between the community overbought oversold positions. It also considers profit points to determine when to exit positions, maximizing returns in the financial markets.
Recommended Trading Parameters
For optimal results, the Invincible Ares EA should be loaded into the currency pair to be traded on the M15 time range. It is not sensitive to spread, slip, or any broker-related variables, making it versatile across various currency pairs. The recommended parameters include 300 0.01lot to minimize risk, and a leverage of 1:200 or higher.
The Significance of Testing
Testing is key to demonstrate the stability of the EA under various market conditions. Invincible Ares recommends a long-term test of five years within the M15 time frame. Independent testing of this product can be seen on the forexroboteasy.com website, where users can also subscribe to updates on the results of the testing.
FAQ
What is the unique identifier of the EA?
The EA unique identifier is referred to as the โMagicโ.
What are the risk settings?
The EA uses a risk switch for manual count or fixed number of hands, and a risk setting for the number of auto risk hands.
What is the fixed number of hands setting?
The โFixedLotsโ is the fixed number of hands setting.
As an independent product review, we invite users of Invincible Ares to share their experiences using this product for Forex trading. This will not only benefit potential users but also contribute to the development and refinement of this ingenious Forex EA.
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