Hfx61 Starter

Currency Market Forex Analysis forex strategy Forex Trend Detection HFX 6.1 Starter Review Night-Time Forex Trading

Profit:

4.78$

Traders:

(15/7)

Most Profit Trade:

24.42$

Most Loss Trade:

-34.13$

Profit Factor:

0.59

Average Loss:

-33.26$

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Overview

In the dynamic world of Forex Trading, the HFX 6.1 Starter Expert Advisor has emerged as a reliable tool for early trend detection in the currency market. This article provides an in-depth review of this product, focusing on its features and functionality in Forex strategy and analysis.

Understanding the HFX 6.1 Starter

The HFX 6.1 Starter is an Expert Advisor designed to scan all potential early trends of markets across all timeframes. However, it is particularly effective when applied on the M15 TimeFrame. The tool utilizes built-in indicators and oscillators to predict the direction of the market price. In case of a failed early trend, the Expert Advisor uses a flat lot hedge with controlled order distance, ensuring risk management.

Key Features of the HFX 6.1 Starter

The HFX 6.1 Starter is equipped with several features that enhance its performance in Forex Trading. One of the primary features is the AUTO Trade Setting. By default, the Expert Advisor is set to open positions automatically, a feature that can be deactivated if required. The default lot size to be traded is 0.01 Lot, but this can be adjusted depending on your account balance.

Another key feature is the ability to reverse orders. By default, if the total order is below or equal to 2, the Expert Advisor will place a similar order type. However, if the total order exceeds 3, it will open a reverse order.

Profit and Loss Management

The HFX 6.1 Starter is designed with a clear focus on profit and loss management. It has an Auto Closing feature that is activated by default. The Take Profit for the first time open position is set at 0.4 USD (if your account currency is USD), while for above 1 total open positions, it is set at 0.2 USD. The Stop Loss is set at -1000000.0, but this can be changed according to your preference.

FAQs

Where can I find independent testing of the HFX 6.1 Starter?
You can find independent testing of this product on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product.

Can I share my experience of using the HFX 6.1 Starter?
Yes, we encourage users to share their experiences of using this product. This can provide valuable insights for other users.

It’s important to note that this is an independent product review. The HFX 6.1 Starter Expert Advisor is a tool that can add value to your Forex trading strategy and analysis, offering early trend detection in the currency market.