Cleopatra Forex Software is a fully automated trading robot designed for the Forex market. It is an expert advisor that analyzes the market for a rebound from significant price levels. With its advanced system of placing orders, Cleopatra aims to provide traders with profitable trading opportunities.
Setting up Cleopatra is easy, and it works exclusively on the M1 timeframe. To get the best results, it is recommended to use IC Markets as the broker and trade the AUDCAD currency pair. It is also advised to have an account with a minimum spread, commission, and the best execution. The minimum balance required to use the software is $1000.
One of the key features of Cleopatra is its ability to increase the lot size to avoid drawdown. This helps to manage risk and maximize profits. Additionally, using a VPS (Virtual Private Server) is recommended for smooth and uninterrupted trading.
The software offers various settings that traders can customize according to their preferences. The Work_TF parameter allows users to set the working timeframe for the expert advisor. Take_Profit, Stop_Loss, and Profit_for_the_Lot_Size parameters define the take profit level in the deposit currency and the fixed lot size for trading. AutoLot enables automatic lot sizing based on equity value, while the Risk parameter determines the amount of risk when trading with an automatic lot. Max_Spread ensures that orders are only opened when the spread is below a specified value.
Cleopatra also includes a Distance settings section, which allows traders to set the distance in points between open orders and the coefficient of increase in volume for subsequent orders. This feature helps to manage the risk and adjust trading volume based on market conditions.
In terms of time management, Cleopatra offers a Time Manager feature that allows traders to limit working hours on each trading day of the week. This can be useful for those who prefer to trade during specific hours and avoid excessive exposure to the market.
To get a better understanding of Cleopatra Forex Software, users can watch independent testing of the product on forexroboteasy.com. This website provides comprehensive reviews and real results of various trading robots. Users can also subscribe to updates on the testing results of Cleopatra to stay informed about its performance.
We invite readers to share their experience of using Cleopatra Forex Software. Your feedback and insights can help other traders make informed decisions about this product.
Please note that this article is an independent review and not affiliated with the developers of Cleopatra Forex Software. It is written in a professional tone and aims to provide an objective assessment of the productโs features and capabilities.
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