Apex Trader MT4

Apex Trader MT4 is a professional-grade automated trading solution for the forex market. Born out of years of research and expertise in creating expert advisors, Apex Trader MT4 has emerged as a reliable trading tool for traders of all levels. The trading tool offers a unique blend of mean-reversion and trend-following strategies, allowing it to adapt to varying market conditions.

Forex Strategies: Mean-Reversion and Trend-Following

Apex Trader MT4 employs an ingenious combination of mean-reversion and trend-following strategies. These strategies equip the robot to handle diverse and challenging market conditions. The mean-reversion strategy banks on the assumption that the price of an asset will revert to its average price over time. Simultaneously, the trend-following strategy capitalizes on market trends, whether upward or downward, allowing the robot to generate profits in any market situation.

Smart Grid System for Higher Profit Potential

The Apex Trader MT4 tool specializes in trading the AUDCAD, AUDNZD, and NZDCAD currency pairs. It utilizes a smart grid system that opens multiple positions, thereby increasing the chances of profiting from the trend. The grid system also features variable take-profit levels, ensuring potential profits are locked in while minimizing the risk of losses.

Automated Trading with Safety Measures

One of the challenges with grid systems is the potential risk of blowing up the account. However, Apex Trader MT4 incorporates safety measures to counter this risk, making it a suitable choice for traders of all levels. It’s designed in such a way that when the grid gets bigger and the risk increases, the potential reward also significantly increases. This approach enhances the odds for long-term sustainability for a grid system, a feature not commonly found in typical grid systems.

Running the Apex Trader MT4 for Live Trading or Backtesting

For backtesting, Apex Trader MT4 should be run on AUDCAD, AUDNZD, or NZDCAD M15, using one of the five available presets. However, for live trading, it’s recommended to use the OneChartSetup and run a single EURUSD M15 chart to execute all optimized pairs automatically from one chart. The EA is optimized for the period 2020-2023, but out-of-sample testing has been confirmed for the 2016-2020 period as well.

FAQ

How should I set my risk with Apex Trader MT4?
The risk setting depends on your account balance. For accounts below $2000, use the “ultra conservative grid set”. For account balances between $2000 and $5000, use the “conservative grid set”. For balances between $5000 and $15000, use the “elevated grid set”. For account balances greater than $15000, use the “optimal grid set”. If you prefer extreme results, use the “Optimal grid set” with a LotsizeStep of 5000. It’s always best to backtest the setup before applying it on a live account.

Independent testing of this product can be viewed on the forexroboteasy.com website where users can also subscribe to updates on the results of testing this product. We invite you to share your experience of using Apex Trader MT4. Please remember, this is an independent product review and is not affiliated with the product’s developers or any third-party entities.