Forex trading has been revolutionized by the introduction of trading tools such as Agape Advisor. This unique software takes advantage of the scalping strategy and promises to change the way you approach the Forex market analysis.
Agape Advisor: A Brief Overview
Agape Advisor is an Expert Advisor (EA) software, designed with a scalping strategy system. It operates by following the trend candle and opens a trade for correction. The software is primarily designed to be used with a cent account, and it is recommended to have sufficient equity, as it uses a martingale system and can be used for hedging.
Once purchased, it is crucial to contact the developers immediately to get the instructions and a bonus. The software is suitable for trading on major Forex pairs such as EURUSD, GBPUSD, XAUUSD, among others, and it operates on the M5 timeframe.
Key Features
Agape Advisor comes with an array of features tailored to maximize trading potential. The software has a solid backtest and live performance. It comes with daily target settings and Take Profit Virtual. The software is also equipped with a trailing by money setting. If you’re using this feature, you should clear the value of Closing Profit Hedging in dollars.
Perhaps, one of the standout features of Agape Advisor is the News Filter. This functionality allows the EA to take news from specific websites to guide trading decisions. However, this feature requires the “Allow WebRequest” option to be enabled and the addition of “dailyfx.com”, “ec.forexprostools.com” to the list of URLs for WebRequest.
Broker and Deposit Recommendations
Agape Advisor is compatible with any broker and requires a minimum deposit of $250 per pair for cent accounts. However, a deposit of $500 per pair is recommended for optimal performance. The software also features a filter for maximum spread and slippage, suggesting the use of default settings and a cent account.
Modifiable Parameters and User Customization
Agape Advisor offers a degree of user customization. The software includes modifiable comments and allows for the addition of an Autolot. The Autolot, which is not a part of the default settings, can be adjusted to use 0.01 per $5000. The software also features a new panel for instruction and info, as well as maximal lot settings.
The software also offers the unique feature of maximal pair open for multichart settings. This feature is particularly handy when there are several pairs with the same magic number on a single MT4, as it limits the number of pairs that will be opened.
Performance Evaluation and User Feedback
Independent testing of Agape Advisor can be viewed on forexroboteasy.com, where you can also subscribe for updates on testing results. Users are encouraged to share their experiences with using the software, contributing to a community of traders utilizing the tool. It’s important to remember that this is an independent product review written in the third person, with no affiliations with the product developers.
Frequently Asked Questions
What is the recommended deposit for using Agape Advisor?
The minimum recommended deposit is $250 for a cent account per pair. However, a deposit of $500 per pair is considered optimal.
Can Agape Advisor be used on any Forex pair?
Yes, Agape Advisor is designed to work on major Forex pairs such as EURUSD, GBPUSD, XAUUSD, and others.
How does the News Filter work?
The News Filter is a feature of Agape Advisor that takes news from specified websites to guide trading decisions. To enable this feature, you need to tick the “Allow WebRequest” option and add the specified URLs to the list of WebRequests.
In conclusion, Agape Advisor presents an innovative approach to Forex trading. Its unique scalping strategy system, solid backtest, and live performance, as well as an array of other features, make it a tool worth considering for any serious trader.
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