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Forex software plays a crucial role in the trading activities of professional forex traders. It provides them with the necessary tools and features to analyze the market, execute trades, and manage their portfolios efficiently. In this review, we will take a closer look at a popular forex software called Deal Multiplier MT5 and explore its key features and functionalities.
What is Deal Multiplier MT5?
Deal Multiplier MT5 is a utility that allows traders to open copies of their open trades conveniently. This software is particularly useful for those who utilize the Signals service and want to increase the volume of their transactions. By duplicating open trades, traders can potentially amplify their profits and take advantage of favorable market conditions.
Key Features and Settings
Deal Multiplier MT5 offers several customizable settings to suit individual trading preferences:
Symbols
The software allows traders to choose between opening copies of all symbols or only the current symbol. This flexibility enables traders to focus on specific currency pairs or diversify their trades across various instruments.
Orders
Traders can select between opening copies of buy orders, sell orders, or both. This feature allows for precise control over the types of trades to be duplicated.
Magic
Deal Multiplier MT5 provides multiple options for managing the magic number of the copied trades. Traders can choose to use the magic number from the original order or input a fixed magic number. Additionally, they can multiply the magic number by a coefficient to adjust the lot size accordingly.
Lot Size
The software offers various lot size options, including using the original lot size from the original order, fixing a specific lot size, or multiplying the lot size by a coefficient. This flexibility empowers traders to control the position size according to their risk management strategy.
Stop Loss
Traders can choose from different stop loss settings, such as using the stop loss from the original order, setting no stop loss, adding a fixed stop loss in points to the original order, or fixing the stop loss in points. This feature enables traders to protect their positions and minimize potential losses.
Take Profit
Deal Multiplier MT5 offers various take profit options, including using the take profit from the original order, setting no take profit, adding a fixed take profit in points to the original order, or fixing the take profit in points. This feature allows traders to secure their profits and optimize their exit points.
VPS Mode
For traders using VPS (Virtual Private Server), Deal Multiplier MT5 supports both MT4 and MT5 platforms. This compatibility ensures seamless integration and optimal performance for traders utilizing these popular trading platforms.
FAQ
Can I see independent testing of Deal Multiplier MT5?
Absolutely! You can visit forexroboteasy.com to watch independent testing of Deal Multiplier MT5. This website provides valuable insights and real-time results of various forex software, including Deal Multiplier MT5. Stay updated with the testing results by subscribing to their updates.
Yes, we encourage you to share your experience of using Deal Multiplier MT5. Your feedback and insights will not only help other traders but also contribute to the community’s understanding of this software’s effectiveness.
Please note that this review is an independent assessment of Deal Multiplier MT5 and is not affiliated with the software’s creators. We aim to provide unbiased information to assist traders in making informed decisions.
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