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Overview
In the realm of Forex Trading, the right mindset, coupled with the right tools, can make all the difference. One such tool is the Big Trader Mindset, an expert advisor (EA) that optimizes Forex profits using a unique approach known as Order Blocks. This review examines this product in depth.
Order Blocks: The Backbone of Big Trader Mindset’s Strategy
Order Blocks form the core of the Big Trader Mindset’s trading strategy. These are specialized categories of supply and demand zones that emerge when a block order is executed. Large traders, or “Big Traders”, utilize Order Blocks to ensure they do not inadvertently disrupt the market price and subsequently trigger their orders at less desirable prices, thereby potentially reducing their profits.
The Power of Artificial Intelligence
The Big Trader Mindset is powered by two layers of artificial intelligence (AI). This cutting-edge technology enables the EA to operate on seven major currency pairs simultaneously. Each pair works in concert with the others to achieve the profit targets, optimizing Forex profits. The integration of AI technology ensures that trading is fully automated, utilizing an advanced algorithm to maximize profits while minimizing risks.
Using Big Trader Mindset
To use the Big Trader Mindset, one needs to place the expert on the EURUSD M15 chart. The EA then automatically trades the other symbols. It is also advised to operate on a VPS hosting 24/7. For optimal results, a minimum initial deposit of $300 and an account leverage of 1:100 or more are recommended.
Parameters of Big Trader Mindset
The Big Trader Mindset operates under a set of parameters. These include a Takeprofit of 80 pips, a Stoploss of 80 pips, and a targetpips of 80 pips for the basket target. There is also a Trailing Start in pips of 30 and a Trailing Stop in pips of 10. If the AutoLots feature is enabled, the EA automatically calculates the Lotsize based on a risk factor of 0.2. Alternatively, manual lots of 0.01 can be set if AutoLots is disabled.
FAQ
How does the Big Trader Mindset work?
The Big Trader Mindset operates using Order Blocks and two layers of AI technology, trading seven major currency pairs simultaneously to optimize Forex profits.
What are the recommended settings for the Big Trader Mindset?
It’s recommended to have a minimum initial deposit of $300, account leverage of 1:100 or more, and VPS hosting 24/7. The EA should be placed on the EURUSD M15 chart.
Can the Big Trader Mindset automatically calculate the Lotsize?
Yes, if the AutoLots feature is enabled, the Big Trader Mindset can automatically calculate the Lotsize based on a risk factor of 0.2.
Independent Testing and User Input
Independent testing of the Big Trader Mindset is available on forexroboteasy.com, where users can also subscribe to updates on the results of these tests. We invite users to share their experiences with the Big Trader Mindset to further enhance this independent review.
In conclusion, the Big Trader Mindset, with its unique approach of using Order Blocks powered by AI, offers a promising tool for Forex traders seeking to optimize their profits. Remember, however, that success in Forex trading requires not just the right tools but also the right mindset. This review is independent and does not endorse any product.
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