The AI MT4 Forex Software, also known as Artificial Intelligence Expert Advisor, is a unique tool designed for the MT4 trading platform. It employs the classic RSI and ATR indicators, combined with a proprietary strategy for entering and exiting the market. The software’s main entry indicator is RSI, while ATR serves as an auxiliary filter to identify and filter out entry/exit points.
RSI Strategy: The Key Indicator
The Relative Strength Index (RSI) is a cornerstone of the AI Forex Software. This indicator helps traders to identify potential overbought or oversold conditions in the forex market. The parameter for the RSI indicator, RSIPeriod, is adjustable according to the user’s strategy.
ATR Strategy: The Auxiliary Filter
The Average True Range (ATR) complements the RSI indicator by serving as an auxiliary filter. The purpose of the ATR is to measure market volatility. The parameters for the ATR include ATRPeriod and ATRMinPoint, which can be tweaked depending on the trader’s requirements.
Forex Software Review: Unique Features
The AI MT4 Forex Software stands out due to its built-in author’s system for controlling drawdowns and responding to unfavorable market behavior. It uses the past market time period as a basis for its calculations and makes forecasts about price movements, substantiating its predictions with classic indicators.
The software also provides options for setting take profit levels (TakeProfit), determining the distance to open auxiliary orders (DistanceOfOrders), and selecting lot size (LotModule and Lot). It additionally offers a unique identifier for each user’s trades, known as Magic.
AI Trading Insights: Performance and Analysis
Independent testing of the AI MT4 Forex Software has shown high order execution accuracy and reliable market behavior predictions. These tests underscore the software’s proficiency in forex market analysis.
FAQ
Q: How does the AI MT4 Forex Software work? A: The software uses the RSI and ATR indicators combined with a proprietary strategy to facilitate market entry and exit. It also incorporates a unique system to control drawdowns and respond to unfavorable market conditions.
Q: What are the key indicators used in the software? A: The primary indicator for market entry is the RSI, while the ATR serves as an auxiliary filter. The parameters for these indicators can be adjusted based on the user’s strategy.
Q: Where can I find independent testing results for the AI MT4 Forex Software? A: Independent testing results for the product are available on the forexroboteasy.com website. You can also subscribe for updates on the testing results.
We invite readers who have used the AI MT4 Forex Software to share their experiences in the comments section below. Remember, this is an independent product review and we encourage open and honest feedback.
Note: There are currently only three copies of the AI MT4 Forex Software available at a promotional price of $99. The price will increase to $199 after these copies are sold.
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