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Through the lens of an independent observer, the M1 Turbo Scaper stands out as a specialized automated trading robot primarily designed to navigate the GBPUSD currency pair. This Forex robot, a product of meticulous planning and innovative thinking, operates on the M1 and H1 timeframes, providing a unique trading experience for its users.
Functionality and Performance
The M1 Turbo Scaper exhibits a high level of functionality with the capacity to trade on both M1 and H1 timeframes simultaneously. To facilitate this process, users need to input unique magic numbers via the Magic parameter in each robot’s settings. By doing so, the robot can distinguish between deals it opened and those initiated by another robot, ensuring seamless operations and efficient trading.
Balance Protection and Risk Management
Aside from its core trading functions, the M1 Turbo Scaper is equipped with a well-designed balance protection system. This system enables the robot to automatically evaluate the current risk and withhold from opening a deal if the risk exceeds a predefined limit. In essence, this system acts as a risk management tool, helping to safeguard users’ investments.
Algorithmic Trading
At the heart of the M1 Turbo Scaper is an algorithm that leverages mathematical formulas to determine the dynamics of price changes. This feature is particularly useful in scenarios where the price starts to move rapidly and intensively, prompting the robot to initiate a trade.
Testing the M1 Turbo Scaper
Users can verify the credibility and efficiency of the M1 Turbo Scaper by testing it on the Metatrader4 platform. To do so, download the robot to your Metatrader4, open the strategy tester, select the “all ticks” testing mode, the “GBPUSD” currency pair, and the H1 or M1 timeframe. Set a fixed spread from 5 to 8 pips and select a testing period ranging from 1 to 2 years. This will provide an objective trading result, reflecting the robot’s capabilities.
Benefits and Features of the M1 Turbo Scaper
The M1 Turbo Scaper offers an array of benefits and features that make it a viable option for traders seeking to exploit the smallest timeframe M1. With its default settings tailored for GBPUSD and a minimum deposit for trading starting from $500, the robot is not only accessible but also user-friendly. It has been thoroughly tested in the “every tick” mode in the strategy tester and has consistently shown stable results even when tested for a period of 2 years. Moreover, users can install several robots on one Metatrader terminal at the same time, maximizing the potential for profits.
M1 Turbo Scaper Robot Settings
The M1 Turbo Scaper comes with a variety of settings that are adjustable to the user’s trading strategy. These include TrallStop, a trailing stop of the robot that tracks StopLoss following the price at a specified distance. The StopLoss and TakeProfit parameters allow the robot to place orders at a specified distance from the trade opening price. The Lots parameter helps to determine the size of the initial volume of opened orders. Additionally, the Magic parameter assigns a unique magic number for each open robot on the terminal, facilitating efficient trade management.
Frequently Asked Questions
- Where can I observe independent testing of the M1 Turbo Scaper?
- Can I stay updated on the results of testing this product?
- Can I share my experience of using this product?
Users can watch independent testing of this product on the forexroboteasy.com website.
Yes, users can subscribe to updates on the results of testing this product.
Yes, we encourage users to share their experiences of using the M1 Turbo Scaper. This helps to build a community of users and contributes to improving the product based on user feedback.
This review is an independent analysis of the M1 Turbo Scaper, and the views expressed herein do not endorse or promote the product. It is always recommended to perform your due diligence before adopting any automated trading system.
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