In the realm of Forex trading, having a reliable and effective strategy is crucial to achieving success. One such strategy thatโs been proven to be effective is the Soulโs Channel Breaker. This strategy is fully automated and has been updated to trade up to 20 currency pairs at the same time. Itโs based on a robust system created by the Turtles in 1983, which has been refined over time by successful traders.
The Power of Soulโs Channel Breaker
Soulโs Channel Breaker uses a potent trend detection algorithm to place a pending order each morning at the default of the 55-day high and low. Itโs designed to cut losses early and let profits run, making it a powerful tool for capitalizing on the largest shifts in currency prices. This advanced Forex strategy has proven its reliability in various market conditions, including during impactful news and holidays.
Trading with Soulโs Channel Breaker
Trading with Soulโs Channel Breaker is not just about leveraging a proven Forex technique, but also about flexibility. This software can work on any currency you choose, with recommended pairs including EURUSD, GBPUSD, USDCHF, USDJPY, and more. Itโs capable of handling up to 20 currencies simultaneously, automatically configuring all settings to match your chosen currencies.
The software operates on a D1 (Daily) timeframe, providing a manageable pace for traders. However, as a potential downside, it might not open trades as frequently as some traders might prefer, which is why itโs designed to trade on multiple currency pairs at the same time.
Customizable Settings in Soulโs Channel Breaker
Soulโs Channel Breaker offers a range of customizable settings to fit your trading style and requirements. These include options for setting a maximum risk per trade based on a percentage of balance or using a fixed volume, as well as setting the maximum lot size allowed to trade.
You can choose between using the current symbol or up to 20 currencies simultaneously, set the percentage of maximum risk if Money Management is set to True, and adjust the Fixed Volume to Trade if Money Management is set to False. You can even select a Magic Number that doesnโt conflict with your other Expert Advisors.
Independent Testing and User Experience
For those interested in seeing how Soulโs Channel Breaker performs in real trading scenarios, independent testing of this software can be viewed on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product. Traders who have used this product are encouraged to share their experiences, contributing to a broader understanding of its performance and effectiveness.
FAQs
1. What is Soulโs Channel Breaker?
Soulโs Channel Breaker is a Forex trading software based on a proven strategy created by the Turtles in 1983. Itโs a fully automated system that trades up to 20 currency pairs simultaneously.
2. How does Soulโs Channel Breaker work?
Soulโs Channel Breaker detects powerful trends and places a pending order each morning at the default of the 55-day high and low. Itโs designed to minimize losses and maximize profits.
3. Where can I find more information about Soulโs Channel Breaker?
You can find more information about Soulโs Channel Breaker, including independent testing results, on the forexroboteasy.com website.
Remember, this is an independent review of Soulโs Channel Breaker. Itโs always advisable to conduct your own research and consider your individual trading needs before selecting a Forex trading strategy or software.
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