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Overview
The foreign exchange market, also known as Forex, is a highly volatile and complex financial market. As such, it requires advanced tools and software to navigate effectively. One such tool is the AFM Trade Forex Software, a product that has gained significant attention in the Forex trading community due to its compliance with key regulatory bodies – the National Futures Association (NFA), Commodity Futures Trading Commission (CFTC), and Financial Conduct Authority (FCA).
Principle of Operation
At the core of the AFM Trade Forex Software is a unique set of algorithms. These algorithms operate on the principle of amplitude-phase modulation of signals of different timeframes. The software has a block structure, which allows users to add an unlimited number of algorithms for opening and closing trades. This level of customization and flexibility sets the AFM Trade Forex Software apart from many other Forex trading tools on the market.
Main Features and Advantages
One of the key features of the AFM Trade Forex Software is its ability to operate in the mode of opening minute candles. This feature unifies the results of trading on quotes from different brokers, reduces the load on computer resources, and accelerates testing. The software also checks and notifies about the availability of automated trading, reports on the reasons for restarting the adviser, and controls the correctness of configuration settings.
A significant advantage of this software is its compatibility with the rules of the NFA, CFTC, and FCA regulators. This compliance is crucial for traders who are required to adhere to these regulations. The software is also versatile, working with any type of account, including cent accounts, and does not depend on the deposit currency.
Trade Management and Control
The AFM Trade Forex Software provides traders with a high level of control over their trades. It allows for the use of part of the deposit and/or splitting the deposit into several advisers. The software also includes 90 disconnected algorithms, and users can set a lot different from the base. It trades simultaneously and independently in two directions, stops trading when a specified daily profit is reached, and allows users to set the drawdown size. The software also uses logical stop loss and take profit mechanisms.
Statistics and Notifications
Keeping track of trading statistics is important for any Forex trader. The AFM Trade Forex Software keeps statistics for each algorithm, saves it to a file, and restores this information from a file after a computer reboot or restart of the adviser. The software also supports sending information on account transactions by email and push notifications to a mobile device.
Failure Protection
Understanding the importance of reliability in Forex trading, the developers of the AFM Trade Forex Software have incorporated several failure protection features. These include saving information about current open positions and algorithms to a configuration file, protection against uncontrolled multiple opening of orders, and blocking of random manual changes of orders opened by the adviser.
FAQ Section
Users can find more information about the product and its operation parameters on the forexroboteasy.com website. They can watch independent testing of the product and subscribe to updates on the results of testing this product.
If you’ve used the AFM Trade Forex Software, we invite you to share your experience. Your insights can be valuable to other traders considering this product.
Remember, this is an independent product review. The views and opinions expressed here are entirely those of the author and do not reflect the views of the product’s developers or any associated entities.
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