A trading tool that has gained significant attention in the field of gold trading is the ZGold Forex software. This tool is an Expert Advisor that is specifically built and designed to enhance the trading experience with Gold/XAUUSD.
Algorithm and Trading Strategies
The ZGold Forex software uses a unique blend of custom trend algorithms, indicators, and price action to identify key entry points into the market. Once the right criteria are met, the software executes trades. Furthermore, it has a custom filtering algorithm that disregards false signals and navigates around possible market reversals.
Account Profits and Market Trends
To counter spread-related issues, the closing strategy of the ZGold Forex software is centered around account profits, totals, and current market trends. It ensures that trades with a large spread do not close at a loss. This is a feature that sets ZGold apart from other trading software on the market.
Drawdown Reduction Algorithm
One of the unique features of the ZGold Forex Software is its Drawdown reduction algorithm. It utilizes additional trades to counterbalance existing drawdowns, enhancing profitability and reducing risk. This strategy is particularly beneficial for traders looking to maintain a balanced portfolio.
Key Features and Specifications
ZGold Forex Software operates exclusively on a 15M chart and has a maximum spread of 30. It offers configurable profit close and does not use martingale or grid. The software also comes with mobile and audible client alerts options. Furthermore, it includes an AUTOLOT feature, which works on 1 lot per amount of account currency. At the moment, this software is available free of charge for a limited time.
FAQ Section
What are the main functions of ZGold Forex Software?
ZGold Forex Software uses a combination of trend algorithms, indicators, and price action to determine entry points into the market. It also applies a custom filtering algorithm to avoid false signals and possible market reversals.
Does ZGold Forex Software use a Martingale system?
No, ZGold Forex Software does not use martingale or grid.
How does ZGold Forex Software handle spread-related issues?
ZGold Forex Software employs a closing strategy based on account profits, total values, and current market trends to prevent large spread trades from closing at a loss.
What is the cost of ZGold Forex Software?
ZGold Forex Software is currently available free of charge for a limited time.
It is important to note that past results do not guarantee future profits. Users are advised to use proportional Take Profit and AutoLot Sizes for their current account balance. For optimal results, itโs recommended to use an ECN or RAW Spread Broker and VPS.
For independent testing of the ZGold Forex Software, you can visit forexroboteasy.com. The site also allows you to subscribe to updates on the results of testing this product. We invite all users to share their experience using this software.
This review is an independent analysis of the ZGold Forex Software. It seeks to provide a neutral perspective on the toolโs capabilities and performance in the area of gold trading.
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