Forex trading has taken a significant leap over time, with innovative software like Auto3M MT5 streamlining trading processes. Auto3M MT5 is a fully automatic Expert Advisor that employs Trend, Hedging, and News filter strategies to give traders a competitive edge.
Key Features of Auto3M MT5
Auto3M MT5 offers an array of features to optimize Forex trading operations. It incorporates the use of Bollinger Bands and the Stochastic Oscillator. Bollinger Bands are primarily used to follow trends, while the Stochastic main line and signal line are used for opening pending order buy or sell.
This Forex software also features a hard stop loss and take profit for each position, and allows flexible stop loss by Bollinger Band, Fixed point, Previous Height or Low, and Fibonacci level. Other notable features include the use of buy stop and sell stop function for pending orders, and the addition of Fibonacci, Bollinger Bands, and Stochastic to chart automatically.
The Auto3M Pro MT5 can operate on a VPS. It also presents the option of hedging positions and closing profit partially. Users can set the software to delete pending orders automatically by interval time, and it can also be programmed to close profit before the market close.
Auto3M MT5 Trading Strategy
Auto3M Pro MT5 trades on nine currency pairs, namely EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY, EURJPY, GBPJPY. It uses pending order buy stop or sell stop only. This software only analyzes quotes and new bars using the Stochastic oscillator.
When the Stochastic main line is more than 90 and the Bid is less than the Upper band, the software prepares a sell stop pending order. Conversely, when the Stochastic main is less than 20 and the Ask is more than the Lower band, it prepares a buy stop pending order. Furthermore, it adds an opposite pending order immediately after a position has a stop loss.
Performance of Auto3M MT5
According to historical data, an initial deposit of $1,000 could have potentially earned $24,762,746.91 on GBPUSD Day from December 10, 2015, to November 10, 2021. The balance drawdown absolute was 17.40%, and the maximum balance drawdown was 5.90%.
However, users are advised that past performance cannot guarantee the same results in the future. Independent testing of this product can be observed on the forexroboteasy.com website, where users can also subscribe to updates on the results of testing this product.
FAQ
What are the recommended settings for Auto3M MT5?
It is recommended to use Day timeframes with a minimum deposit of 100 USD and a minimum leverage of 1:100. ECN brokers like Weltrade, Pepperstone, FXPro, Exness are suggested for optimal results.
Can Auto3M MT5 run on a VPS?
Yes, Auto3M Pro MT5 can operate on a VPS, providing traders with more flexibility and convenience.
We encourage readers to share their personal experiences of using Auto3M MT5. Remember, this review is independent, and the product is not affiliated with the publishers of this article.
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