Forex trading, an exciting and potentially profitable investment avenue, has seen an influx of trading software designed to enhance trading efficiency. One such software is the DreamCatcher MT4, a trend scalper that employs an advanced scalping strategy at the close of the US trading session.
Strategy and Functionality
Unlike other trading software, DreamCatcher MT4 operates on a roll-back strategy. It enters a trade when the main trend reverses, using a series of simple algorithms designed to yield consistent results across different market phases. This strategy, specially designed for long-term growth, makes the software stand out in the Forex Trading arena. Furthermore, it does not use dangerous money management systems such as grid or martingale, which are notorious for their potential to wipe out trading accounts.
Trading Safety Features
DreamCatcher MT4 places a high priority on trade safety. Each trade is protected by a fixed stop loss to prevent the software from holding onto losing trades for too long. This safety feature ensures all transactions are closed within 3-5 hours, eliminating the risk of prolonged losses. The built-in volatility filter, optimized for each currency pair, further enhances the softwareโs safety features.
Performance and Versatility
One of the main selling points of DreamCatcher MT4 is its performance and versatility. It has been tested on over 20 years of data, during which it has proven to be resilient during the most unstable market periods. Moreover, itโs versatile enough to work with a variety of currency pairs, including EURUSD, USDCHF, GBPUSD, EURCHF, EURGBP, USDCAD, and USDJPY. However, for optimal performance, it is recommended to use brokers with an ECN account, low spread, and fair commission.
Automated Trading
DreamCatcher MT4 is a 100% automated Expert Advisor, meaning it requires little to no intervention once the initial setup is complete. This feature is particularly beneficial for traders who canโt keep their computers running 24/5 and would benefit from using the VPS server service.
Frequently Asked Questions
What is the minimum deposit for DreamCatcher MT4?
The minimum deposit required to start trading with DreamCatcher MT4 is 100$.
Does DreamCatcher MT4 use FIFA rules?
Yes, all transactions made by DreamCatcher MT4 comply with FIFA rules, ensuring fair and transparent trading.
Is DreamCatcher MT4 available only on MQL5?
Yes, the genuine version of DreamCatcher MT4 is sold exclusively on MQL5. It is advised to avoid purchasing from other platforms to ensure you receive the genuine product and appropriate customer support.
Independent testing of DreamCatcher MT4 is available on the forexroboteasy.com website. Subscriptions are also available for updates on the testing results of this product. We invite readers to share their experiences using this product to provide a more comprehensive review. It is important to note that this is an independent product review written in a neutral tone, without any affiliations or biases.
In conclusion, DreamCatcher MT4 appears to be a robust trading software, offering a unique scalping strategy for long-term growth in Forex trading, and prioritizing trading safety. Its versatility and high performance make it a potentially valuable tool for any trader.
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