The world of Forex trading continues to evolve with the development of sophisticated software that leverage on artificial intelligence. One such software is the Big Bro Forex, a neural network trading robot designed specifically for the EURUSD currency pair and the H1 timeframe. This article provides an in-depth review of this automated Forex trading tool.
The Dual Neural Network Trading Concept
Big Bro Forex utilizes a unique trading algorithm – the dual neural network. This concept involves the use of two neural networks, each with different parameters for buying and selling. This enables the software to make a profit regardless of the trending direction of the market. Unlike other trading tools that require constant re-optimization, Big Bro Forex has all parameters built into the Expert Advisor (EA), eliminating the need for frequent adjustments.
Automated Trading and Money Management
Big Bro Forex is an automated trading software, which means it does its market analysis and executes trades without human intervention. For money management, users get to choose between a constant or dynamic lot. The latter involves an increase in the lot with the growth of the deposit, potentially maximizing profits. It is important to note that for optimal results, it is recommended to use a VPS and the services of a trusted ECN broker with tight spreads and fast order execution.
Performance and Testing
One of the ways to ascertain the effectiveness of a Forex trading tool is through back-testing. Big Bro Forex has undergone rigorous testing on tick quotes since February 2013. These tests demonstrate the software’s high performance over an extended period. It’s worth noting that the software also successfully passed the test during the covid 19 pandemic, a period characterized by high market volatility. 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.
Trading Terms
The Big Bro Forex is designed to work specifically with the EURUSD currency pair and the H1 timeframe. It operates on five-digit quotes, and it’s recommended to use it with a small spread to maximize profits. The required leverage is 1:500 and it’s advisable to use a 24/7 virtual hosting (VPS) with low latency.
Key Benefits of Big Bro Forex
Big Bro Forex offers several benefits to Forex traders. Some of these include a good risk to reward ratio, low drawdown, and ease of use. The software comes ready to go without any prior configuration, making it suitable for both beginner and experienced traders. The initial price of the software is $185, with the next price being $230. The pricing strategy is designed to limit the number of users, ensuring high-quality service.
FAQ
What is the Big Bro Forex trading software?
Big Bro Forex is an automated Forex trading software that uses a dual neural network for trading the EURUSD currency pair on the H1 timeframe.
What is the benefit of the dual neural network?
The dual neural network allows the software to make a profit regardless of the direction of the market trend. It uses two neural networks with different parameters for buying and selling.
Where can I view the performance of Big Bro Forex?
Independent testing and performance updates of Big Bro Forex can be watched on the forexroboteasy.com website.
It’s worth noting that this review is independent. Readers who have used the Big Bro Forex trading software are encouraged to share their experiences, as this would be valuable to other traders considering the software. As the Forex market continues to evolve, so does the development of trading tools. The Big Bro Forex software represents a step forward in the utilization of artificial intelligence in Forex trading.
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