Aras Forex, an affordable Forex software developed by Abdurrahim Aras, offers a unique blend of expertise and technology for traders in the financial, cryptocurrency, and forex markets. With more than 15 years of experience in finance and programming, Aras has combined years of practice, errors, and triumphs to develop this unique MT5 Advisor.
Trading Software Features
The Aras MT5 Advisor, a software designed for the MetaTrader 5 platform, offers a range of features that aid in forex trading. The software is designed to work best on the XAU/USD (Gold) pair and on a 5-minute (M5) timeframe. This indicates a focus on short-term, high-frequency trading strategies.
The software operates on a hedge account type, requiring a leverage of 1:500 or higher. This suggests that the Aras Forex software employs substantial leverage to maximize potential returns. However, traders should ensure they understand the risks associated with high leverage trading.
Automated Trading Parameters
The Aras Forex software offers a variety of automated parameters to help traders optimize their forex strategies. These include the Magic Number (set to 2022), AutoLot (which is set to ‘On’), and the Auto_LotSize_Value (set at 0.01 lots). The MT5 Advisor also provides traders with the ability to set a specific lot size (0.1 lots), multiple take profits (25), stop loss (1000), and two risk levels (200 and 500).
Performance and Testing
The Aras Forex software’s performance can be independently verified through testing results available on the forexroboteasy.com website. Traders can subscribe to updates on the testing results to keep abreast of the software’s ongoing performance. This transparency in performance and testing results can be a crucial factor for many traders when selecting a forex software.
Cost and Accessibility
The Aras Forex MT5 Advisor is priced at $30 per month, making it an affordable Forex software for many traders. With its wide range of features and automated parameters, the software offers value for money for traders looking for an efficient and reliable trading tool.
FAQs
What is the Aras Forex software?
The Aras Forex software is an MT5 Advisor developed by Abdurrahim Aras for traders in the financial, cryptocurrency, and forex markets.
What are the key features of the Aras Forex software?
The software offers a variety of features and automated parameters for optimized forex trading, including Magic Number, AutoLot, specific lot size, multiple take profits, stop loss, and two risk levels.
How much does the Aras Forex software cost?
The software is priced at $30 per month.
Where can I find independent testing results for the Aras Forex software?
Independent testing results for the Aras Forex software can be found on the forexroboteasy.com website.
Final Thoughts
The Aras Forex software brings together the expertise of a seasoned finance and programming professional and the efficiency of modern trading software. With a focus on high-frequency trading strategies and a range of automated parameters, the software offers a comprehensive tool for forex traders. Remember, trading always involves risk, and it’s important to thoroughly understand and test any software before integrating it into your trading strategies.
We invite readers who have used the Aras Forex software to share their experiences and feedback to further enrich this independent product review.
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