Excelsior

The Forex market is a dynamic and complex environment that requires robust tools for effective trading. One such tool is the Excelsior Forex Software, a multi-symbol advisor that offers a unique approach to Forex trading. This article provides an in-depth review of its features, functionality, and performance.

Unique Dual Neural Networks

What sets Excelsior apart from other Forex trading software is its use of dual recurrent neural networks. This innovative approach uses two independent networks to calculate “buy” and “sell” signals, providing a more nuanced and comprehensive analysis of the Forex market. Trades can be opened at any time during the day as long as the daily signal is valid.

Automated Trading with Six Symbols

Excelsior is fully equipped for automated trading with six symbols: AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF, and USDJPY. Regardless of your current chart, Excelsior always works with these six symbols, ensuring a diverse and balanced trading portfolio. Moreover, the software is compatible with other advisors and indicators, providing flexibility in your trading strategy.

Data Collection and Analysis

Before commencing test or real trading, it is critical to collect missing data. This can be done by testing the software with the property “Mode = Collect_Bars” for a period of four years or more. If this is not done, the advisor will use one year of monthly bars, which could lead to incorrect indicator inputs. To circumvent this limitation, it is recommended to collect data once a year on OHLC prices.

Trading Algorithms and Forex Technology

Excelsior employs advanced trading algorithms and leverages AI in Forex trading. When the current trend changes, the software closes trades or sets a stop loss at the opening price according to its algorithm. The initial stop loss is indicative and is set for internal calculations. This approach ensures that your trading strategy adapts to market changes, enhancing the potential for profitability.

Properties of the Advisor

The advisor’s properties include Comment Fontsize, Mode, Suffix, Close losing trades (days), Same signal max, Same signal range, Takeprofit, Trail, and Volume. Each property can be optimized to achieve optimal profitability for your deposit amount and leverage. For instance, you can set the number of days after which a trade should be closed if it’s not profitable, or the maximum number of trades with a similar signal.

FAQ section

What is the minimum deposit for using Excelsior?

The minimum deposit for using Excelsior is 250 USD with a volume of 0.01. However, a deposit of 1000 USD with a volume of 0.01% is recommended for optimal results.

Does Excelsior work with all brokers and account types?

Yes, Excelsior works with all brokers and account types. However, the trades may differ due to the use of neural networks. Long-term trading results for 3-4 months are similar in terms of recovery factor, Sharpe ratio, drawdown, and other parameters.

Can I use other advisors or indicators with Excelsior?

Yes, you can use other advisors or indicators with Excelsior. It has no impact on the advisor.

For independent testing of the Excelsior Forex Software, you can visit forexroboteasy.com. You can also subscribe to updates on the results of testing this product. We invite you to share your experience of using this product. This review is independent, and the product is not affiliated with the author or this website.