The High-Frequency Trading (HFT) Challenge Pass is an innovative Forex software solution that’s been designed to work with the proprietary challenges of three major funding providers: NOVA FUNDING, NEXT STEP FUNDED, and MSOLUTION FF. This high-frequency algorithm is especially suitable for the US30 trading pair and is known for its dynamic performance.
How the HFT Challenge Pass Works
The HFT Challenge Pass operates on a high-frequency algorithm, which not only enables rapid market analysis but also provides an edge in volatile market conditions. The software is optimized to perform well during high-impact news events, making it a valuable tool for Forex traders who employ news-based trading strategies. The algorithm is designed to be activated 30 seconds before news events and stopped once volatility decreases.
Unique Features of the HFT Challenge Pass
This Forex software is exclusively designed to work with prop firm challenge accounts of NOVA FUNDING, NEXT STEP FUNDED, and MSOLUTION FF. However, it’s important to note that it does not operate on funded accounts. The software works best during periods of high volatility, and it’s recommended to use it with only one pair/index at a time, with the US30 index being the most recommended.
Among its unique features, the HFT Challenge Pass offers a range of customizable settings. ‘Lots’ allows users to determine the lot size for opening trades. The ‘Position Threshold’ helps optimize opening positions, while the ‘Balance Stop’ feature ensures the software stops operating if the balance falls below a certain threshold. The ‘Balance Target’ is the balance goal to be reached after which the software ceases to open further positions. The ‘Reset Time’ is the duration after which any pending orders are eliminated, and the ‘Magic ID’ is an internal identifier for the correct functioning of the software.
Price and Purchase Details
The HFT Challenge Pass is available at a promotional price of 97.00 USD for a limited time. After purchase, users are advised to send a message to receive the instruction manual for the software.
FAQs
What is the recommended trading pair for the HFT Challenge Pass?
The software is designed for use with the US30 index.
When should the software be activated?
It’s suggested to activate the software 30 seconds before high-impact news events and deactivate it once volatility begins to decrease.
Does the software work on funded accounts?
No, the software only operates on prop firm challenge accounts of NOVA FUNDING, NEXT STEP FUNDED, and MSOLUTION FF.
Independent testing of the HFT Challenge Pass can be viewed on the forexroboteasy.com website. Here, users can also subscribe to updates on the results of testing this product. We invite readers to share their experiences of using this product. This is an independent product review and the text is written in the third person. We hope this review has provided you with a thorough understanding of the HFT Challenge Pass and its high-frequency trading capabilities in the Forex market.
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