Among the myriad of Forex software available today, Impunity EA has been gaining attention in the Forex trading community. This software operates on the Relative Vigor Index (RVI), Stochastic Oscillator (Stoch), Moving Average Convergence Divergence (MACD), Parabolic SAR (PBSAR), and Moving Average. It implements the Martingale strategy and offers manual trading options, promising its users a unique Forex trading experience.
Understanding the Martingale Strategy
The Martingale strategy is a key aspect of the Impunity EA software. This strategy is a product of probability theory and is commonly used in betting. Essentially, after every loss, the stake is doubled to recover the loss and make a profit. With Impunity EA, this strategy is applied in Forex trading, potentially enhancing the profitability of trades.
Forex Market Analysis with Impunity EA
Impunity EA utilizes a combination of RVI, Stoch, MACD, PBSAR, and Moving Average indicators for Forex market analysis. Each indicator has a specific role in identifying the market conditions for making a buy or sell decision.
The software opens a buy order when the RVI and Stoch indicators hit oversold values, the MACD is above zero, and the moving average shows an upward trend. Additionally, the software considers other elements such as the candle position relative to the PBSAR.
On the other hand, a sell order is initiated when the RVI and Stoch indicate overbought values, the MACD falls below zero, and the moving average indicates a downward trend. Other factors like the position of the candle in relation to the PBSAR are also considered.
Manual Trading with Impunity EA
Impunity EA is not only an automated trading software but also a tool for manual trades. Traders can manually adjust the lot size and open buy or sell orders by clicking on designated buttons. This flexibility allows traders to have full control over their trading strategies and decisions.
Special Features of Impunity EA
Impunity EA offers several unique features to protect the trader’s investment. Among these is the Balance Stop, which closes all orders when the floating losses reach a certain percentage of the balance. Similarly, the Total Mines feature closes all trades when floating losses reach a preset value.
Moreover, the DrawDown Reduction feature closes a part of the trades when the EA hits a specified martingale level, reducing the potential losses. The software also has a Prevent Direction Change feature, which closes all sell or buy orders in the event of a trend change to prevent further losses.
Frequently Asked Questions
What is the recommended timeframe for using Impunity EA?
The recommended timeframe for using Impunity EA is M15 and higher. This allows the software to perform a detailed analysis of the market trends, leading to more accurate trading decisions.
What is the minimum balance required to operate Impunity EA?
The minimum balance requirement for trading pairs like EURUSD, GBPUSD, AUDUSD, and NZDUSD is $1000. For trading in gold (XAUUSD), the minimum required balance is $3000.
Where can I find independent testing results of Impunity EA?
Independent testing results of Impunity EA can be found on the forexroboteasy.com website. Users can also subscribe to updates on the testing results of this product.
We would love to hear from users about their experiences with this software. Please feel free to share your insights and feedback about Impunity EA. Remember, this review is independently produced and aims to provide an unbiased analysis of the product.
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