Forex trading has been revolutionized by the introduction of automated systems that enable traders to make decisions based on predetermined rules and strategies. One such system is the HAlgo RTM MT4, a fully automated expert that utilizes the Reversion to the Mean (RTM) principle. This article delves into the features, operation, and real-time results of this system.
Understanding HAlgo RTM MT4 and the RTM Principle
The HAlgo RTM MT4 is an Artificial Intelligence (AI) Expert Advisor (EA) that operates on the principle of Reversion to the Mean (RTM). RTM is a statistical concept applied across all markets, stating the price wonโt deviate too far from its average. This principle has been converted into a fully AI algorithm by the creators of HAlgo RTM MT4, using their seven years of experience in the forex market.
Key Features of HAlgo RTM MT4
Some of the best features of the HAlgo RTM MT4 include its AI capabilities and the usage of the RTM principle in decision making. Unlike many other systems, it does not use grid or martingale strategies. Each trade is protected by a stop loss, ensuring the traderโs capital is not overly exposed. The EA can trade on multiple currency pairs, although the recommended pairs have been pre-set in the EA settings.
On average, the EA makes between 3 to 10 trades per week. For the optimal performance, it has been recommended to have a deposit of at least 200 GBP for the recommended pairs.
Operation and Performance
For operation, the expert only needs to be run on the USDCAD H1 chart. However, it also performs optimally on AUDUSD, USDCHF, CADCHF, and EURGBP. The EA allows you to customize your risk appetite, with a recommendation of not more than 2%. For instance, if itโs set to 2 and a trade hits Stop Loss, your loss will be 2% of your balance.
You can also customize the symbol prefix and suffix according to your brokerโs specifications. The EA allows you to set the start and end time of trading, as per your preference. It also allows you to set the maximum allowed spread and the maximum open positions.
Real Forex Results
One can observe the real-time performance of the HAlgo RTM MT4 on the website forexroboteasy.com, where independent testing of the product is carried out. Users can also subscribe to updates on the results of testing this product, providing them with an informed view of the EAโs performance over time.
FAQs
1. What is the recommended deposit for using HAlgo RTM MT4?
The recommended deposit for using this EA is 200 GBP for the recommended currency pairs.
2. How can I customize the trading hours?
The EA allows you to set the start and end time of trading, according to your preference.
3. Where can I monitor the real-time performance of HAlgo RTM MT4?
The real-time performance of HAlgo RTM MT4 can be observed on the website forexroboteasy.com.
We invite readers who have used the HAlgo RTM MT4 to share their experiences and reviews. Your insight could be valuable to others considering using this automated forex software.
This review is an independent analysis of the HAlgo RTM MT4, and the opinions expressed here are solely based on the performance and features of the software.
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