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Overview
Introduction
SSX Titan TT MT4 is a trading system developed by Artem Minchuk, aimed at providing traders with automated trading capabilities. This review delves deep into the features, performance, and user feedback of the SSX Titan TT MT4, offering a balanced perspective on its effectiveness and reliability.
Overview of SSX Titan TT MT4
SSX Titan TT MT4 reportedly operates based on moving averages, specifically smoothed moving averages on a 1-hour timeframe. The system starts building positions when prices rise or fall toward these moving averages. It is known for using a larger level for trend determination, potentially at a 1-day level.
Performance and User Feedback
The SSX Titan TT MT4 has received a mixed bag of reviews, with an overall rating of 2.55. Here are some highlights from user feedback:
- qinyilian82: Rated the system 1 star, criticizing it as a ‘total trick’ relying on luck bets on stop loss.
- Petr Tesnar: Gave it 5 stars, praising its backtests and current results as amazing.
- tsubo8nohe74: Rated it 1 star, pointing out the inconsistency in supported currency pairs between MT4 and MT5 versions.
- Don: Also rated it 1 star, sharing a detailed negative experience with the system.
- Mishelka: Rated it 1 star, stating it only brought losses after a month of use.
Critical Analysis
The trading system has faced significant criticism, primarily due to its reliance on moving averages and lack of support for multiple currency pairs. Users have also raised concerns about its money management capabilities, with some reporting substantial losses.
On the positive side, a few users have reported satisfactory results, indicating that the system might work under specific conditions or with particular settings.
Recommendations for Potential Users
If you are considering using the SSX Titan TT MT4, here are some recommendations:
- Conduct thorough backtesting and forward testing before deploying it with real money.
- Use sound money management practices to mitigate potential losses.
- Stay updated with user reviews and community feedback to understand the system’s performance over time.
- Ensure that the system supports the currency pairs you intend to trade.
For more insights and trading results, you can visit Forexroboteasy.com or download sample source codes from the forum at easytradingforum.com.
Conclusion
The SSX Titan TT MT4 by Artem Minchuk has garnered a varied response from the trading community. While it has shown promise in some cases, the overall mixed reviews and reported issues suggest that traders should approach it with caution. Conducting extensive testing and employing robust money management practices are crucial for anyone considering this system.
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