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The Forex market is one of the most volatile and unpredictable markets in the world. To navigate this complex landscape, traders often rely on Forex software such as Luna Forex. This review aims to provide an unbiased and comprehensive understanding of Luna Forex, its features, and its performance in the Forex market.
Luna Forex: An Advanced Night Scalper
Luna Forex is an advanced night scalper, developed over many years of live trading experience. It employs a mean-reverse strategy, which is a technique that attempts to capitalize on sudden price reversals in the market. Luna Forex has been carefully designed to include only the best pairs and techniques, making it one of the most sophisticated tools in the Forex market.
Key Features of Luna Forex
One of the standout features of Luna Forex is its news filter. This filter helps prevent trading during high-impact news events, which are known to cause significant market volatility. Additionally, Luna Forex boasts a unique OneChartSetup feature, allowing all pairs to be run from a single chart, simplifying the trading process for users.
The software also includes an individual performance monitor. This feature automatically reduces the risk associated with each pair if it is not performing well, and increases it again once the pair becomes profitable. This dynamic adjustment of risk helps maximize profits while minimizing losses.
Other notable features include a correlation filter to prevent excessive exposure to the same currencies, a swap filter to avoid trading on high swap-cost days, and a rollover filter to filter out pairs that could suffer significant slippage during rollover.
Recommended and Secondary Pairs
Luna Forex recommends a number of pairs for trading, including EURAUD, EURCAD, EURCHF, GBPCHF, AUDUSD, AUDCAD, and EURGBP. It also provides a list of secondary pairs for trading, such as EURUSD, GBPUSD, USDCHF, GBPAUD, GBPCAD, AUDJPY, and USDCAD.
Backtesting and Live Trading
Backtesting the Luna Forex software is highly recommended and can be done using MT5. This allows you to simulate the portfolio of all eight pairs trading together, with a compounding effect. For live trading, the software requires a EURUSD M5 chart, and users can adjust the lot size to their desired risk level.
Is Luna Forex safe to use?
Luna Forex does not use risky trading techniques such as martingale or grid without stoploss, making it a safe tool for Forex trading.
What is the cost of Luna Forex?
The current promotion offers Luna Forex at a final price of $999, with only one unit left at $349. Purchasing now also includes one EA for free for two trade accounts.
Where can I find independent testing of Luna Forex?
Independent testing of Luna Forex can be found on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product.
Luna Forex is a comprehensive Forex software with a host of smart features designed to maximize profits and minimize losses. It is a product of years of live trading experience and incorporates some of the best techniques and pairs in the Forex market. We invite users to share their experiences with Luna Forex to help others make an informed decision.
This review is independent and is not affiliated with Luna Forex or any other Forex software provider.
One of the standout features of Luna is its ability to run all pairs, a feature that I initially had doubts about. I wasn't sure if it would be more beneficial to focus on the best pairs or to run all pairs for the long haul. After extensive testing, I found that running all pairs provided a more comprehensive overview of the market, allowing me to make more informed decisions.The software is well-tested and has proven to be reliable in the long run. It's clear that the developers put a lot of thought and effort into ensuring that Luna is not only functional but also robust. I've been using it for a while now, and I'm pleased with the results. It's been a game-changer in my forex trading journey.In conclusion, Luna is a solid forex software that delivers on its promises. It's a tool that any serious trader should consider adding to their toolkit. The combination of live, professional programming and logical operations, along with the ability to run all pairs, makes it a versatile and powerful tool. I'm glad I decided to give Luna a try, and I'm looking forward to seeing how it continues to improve my trading performance in the future.