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Overview
The Arawako MT4 Demo is a trading software specifically designed for the Forex market, with a focus on gold trading. It is based on the Bollinger Bands indicator and offers a flexible, open strategy that users can modify as per their trading preferences.
Software Functionality and Limitations
The Arawako MT4 Demo is specifically designed for demo accounts. It allows for a starting lot from 0.01 (or minimum lot), making it a safe platform for novice traders to practice their strategies. However, the software has its limitations. It conducts a series of trades only once per month and does not provide โtime to tradeโ or โnewsโ options.
Trading Strategies and Parameters
The software accommodates various trading strategies, including Single, Hedging, Martingale, Opposite, or All (any) signals. It incorporates multiple signals like ATR, PSAR, ADXW, BBands, and MAs. However, itโs important to note that the signal for Bollinger Band Upper and Lower cannot operate simultaneously with the Bollinger Bands MA cross in the Demo version. Traders need to choose only one option.
To activate the basic strategy for Gold, ensure that the โOpen when in lossโ and โOpen all signals ordersโ settings are turned on. The software requires a minimum recommended balance of 1000 for the strategy provided with 500 leverage.
Disclaimer and User Reviews
This review is independent and does not endorse or criticize the Arawako MT4 Demo. It is always recommended that potential users conduct their due diligence, subscribing to independent testing updates on platforms like forexroboteasy.com. Users are encouraged to share their experiences and reviews of using this product.
FAQ Section
1. What is the Arawako MT4 Demo?
Arawako MT4 Demo is a Forex trading software designed specifically for gold trading. It is based on the Bollinger Bands indicator.
2. What is the minimum lot for trading?
The software allows for a starting lot from 0.01 (or minimum lot).
3. Can I modify the trading strategies in Arawako MT4 Demo?
Yes, the software offers an open strategy that users can modify according to their preferences.
4. Is there any limitation to the Arawako MT4 Demo?
Yes, the software conducts a series of trades only once per month and does not have โtime to tradeโ or โnewsโ options.
5. Where can I see independent testing of this product?
Independent testing of this product can be found on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product.
This independent review aims to provide an unbiased overview of the Arawako MT4 Demo, without endorsing or promoting the product. We encourage readers to share their personal experiences of using this product to enrich the understanding of its functionality and effectiveness in Forex trading.
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