Looking into the world of Forex trading, one can’t help but notice the BlackQueen Forex software. This software is designed to be user-friendly while offering automated trading options. This Forex Software Review aims to provide a comprehensive overview of the BlackQueen Forex automated trading tool.
Easy Start with BlackQueen Forex
BlackQueen Forex trading software is designed with ease of use in mind. Starting with a minimum deposit of just $50, the software offers a user-friendly interface that is easy to navigate. This is a fully automated professional trading system with stable entry points based on global price movements. The system allows for multi-currency trading and offers users the ability to choose their preferred trading strategy. The flexibility of the BlackQueen Forex system also extends to unlimited customization potential for any trading tools.
Main Features of BlackQueen Forex
The BlackQueen Forex software comes with a range of features tailored to meet the needs of diverse users. One of these features includes the system’s ability to handle multiple accounts, with the option for hedging. The software supports automatic trading in seven currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, and USDJPY. It operates on hourly bars, thereby not demanding on the quality of your internet connection. Furthermore, the software does not engage in super-short trades (Scalping, pipsing), ensuring a more stable trading experience.
Trading Modes in BlackQueen Forex
The BlackQueen Forex software offers three distinct trading modes. The first is the Auto mode, where multi-currency trading can be done from one chart using the seven currency pairs mentioned earlier. This mode requires no configuration and is perfect for beginners. The Auto (THIS CHART) mode allows users to trade only the pair to which the expert Advisor is attached. Finally, the MANUAL mode can be used on any instrument and requires parameter settings. Here, users can set parameters for unlimited customization potential.
Choosing a Trading Strategy with BlackQueen Forex
When it comes to choosing a trading strategy, BlackQueen Forex makes the task easier. Users can choose the BQ strategy, where in case of a loss, the Expert Advisor wins back using the opposite trades, with the possibility of increasing the lot. Alternatively, the OneOrder strategy accepts a loss and waits for the next opportunity to enter. This strategy is expanding, and users can anticipate more trading modes in the future. If you have your own set of parameters for a group of currencies, these can be integrated into an automatic mode with your configuration.
Monitoring of Real Accounts
BlackQueen Forex software is subject to mandatory testing on real accounts, which is currently the only reliable way to evaluate trading robots. Independent testing of this product can be viewed on forexroboteasy.com, and users can also subscribe to updates on the results of this testing.
FAQ
On which platform can I use the BlackQueen Forex software? The software is designed for use on the EURUSD H1 chart with the default settings. This allows trading on all available instruments.
How can I test the software? To test the software, use TF H1 and the “OHLC on M1” mode or more accurate. Configurable parameters, FAQ, and instructions are also available.
Conclusion
In conclusion, the BlackQueen Forex software provides a user-friendly platform for automated trading. Its range of features, customizable trading options, and the ability to monitor real accounts make it a worthy consideration for traders. We invite readers who have used this product to share their experiences and contribute to a broader understanding of its performance.
Remember, this is an independent product review, and we do not endorse or own the product.
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