Today we’ll take a closer look at the Friendly Bot, a robust multi-currency Forex software solution. This trading bot, with its unique set of features, is designed to navigate the complex world of forex trading, providing users with an effective tool for automated trading.
Operational Efficiency of Friendly Bot
The Friendly Bot operates on an advanced averaging system with a non-geometric progression, which is designed to construct a trading grid. This automated advisor is capable of working across a broad spectrum of market conditions and time frames. It is built with the ability to adapt to major internal levels, and users can adjust the aggressiveness of trading according to their risk appetite.
The Friendly Bot’s operation principle is based on identifying clear market trends and opening positions on pullbacks. Its algorithm does not employ risky techniques such as martingale, thus making it a safe option for automated forex trading. The bot is programmed to function 24/7 across different currencies, including but not limited to EURUSD, GBPUSD, USDJPY, AUDUSD, NZDJPY, NZDUSD, EURJPY, and GBPJPY.
Advanced Security Measures
The Friendly Bot comes equipped with built-in protection systems to safeguard your trading process. These security measures include special filters, spread control, and internal trading time limitations. Both real and virtual stop orders are used to secure profits, and hence, a reliable connection to the server where the trading advisor is installed is crucial.
Customizable Parameters
The Friendly Bot offers the advantage of customizable parameters, which allows individual traders to adjust the bot’s functions to suit their specific trading needs. Users can set up the execution type based on their balance, determine the trading volume, limit the number of orders in the grid, and set up stop loss and take profit. The parameters also include options for trailing start and stop, wavelength of the leading indicator, deviation for the leading indicator, and correction of values after the specified one.
Independent Testing and Updates
Users interested in the Friendly Bot can view independent testing of this product on the forexroboteasy.com website. It’s also possible to subscribe to updates on the testing results of this product, thereby keeping you informed of the bot’s performance.
FAQs
What is the Friendly Bot?
The Friendly Bot is a multi-currency automated forex trading software that operates on an advanced averaging system to construct a trading grid. Its operation is based on identifying clear market trends and opening positions on pullbacks.
What security measures does the Friendly Bot have?
The Friendly Bot comes equipped with built-in protection systems, including special filters, spread control, and internal trading time limitation. It uses both real and virtual stop orders to secure profits.
Can I customize the Friendly Bot?
Yes, the Friendly Bot offers customizable parameters that allow individual traders to adjust the bot’s functions to suit their specific trading needs.
Where can I find independent testing of the Friendly Bot?
You can view independent testing of the Friendly Bot on the forexroboteasy.com website. You can also subscribe to updates on the testing results of this product.
We invite users of the Friendly Bot to share their experiences and insights. It’s always valuable to learn from others’ experiences with a software solution, and your input can help potential users make an informed decision. This review is independent, and the text has been written in the third person to maintain neutrality and objectivity.
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