Forex Scalping is a popular trading strategy often utilized by traders in the Forex market. Today, we’re taking a closer look at a unique software that supports this strategy, known as the Multicurrency Scalper. This tool operates in a multicurrency trading environment and boasts a high winrate, making it a standout in the realm of Forex software.
What is the Multicurrency Scalper?
The Multicurrency Scalper is a unique Forex software designed to facilitate Forex scalping across multiple currency pairs. This automated trading tool is not spread sensitive and operates primarily on timeframe M1. It stands out due to its high winrate of approximately 67% as established through backtesting.
Supported Currency Pairs
What makes the Multicurrency Scalper a desirable tool for traders is its versatility. It supports a multitude of currency pairs including XAUUSD, EURUSD, GBPUSD, USDJPY, AUDCAD, and EURCHF, among others. This makes it an ideal solution for traders seeking to expand their portfolio and diversify their trading strategies.
Software Features and Settings
One of the prominent features of the Multicurrency Scalper is its user-friendly interface and ease of use. This software does not employ any hazardous strategies, making it a safe choice for both novice and experienced traders. It comes with an array of configurable settings:
Alerts: This can be set either to true or false. If enabled, users will receive alerts when an order has been opened, closed, or if the spread is too high.
MaxSpread: This setting allows users to set a maximum spread threshold for placing an order.
Autolotsize: This can be turned on or off. If enabled, the software will trade with a percentage of your balance that you can specify.
PercentOfBalanceOnRisk: This setting works only if autolotsize is true. Users can set a percentage of their balance to risk, ranging from 1 to 100.
Lot: This option allows traders to set a specific lot size for trading if autolotsize is false.
Independent Testing and Updates
For those interested in understanding the performance of the Multicurrency Scalper, independent testing of this product is available on the forexroboteasy.com website. Furthermore, users can subscribe to receive updates on the results of these tests, ensuring they are kept abreast of the software’s performance and effectiveness.
Share Your Experience
If you’ve used the Multicurrency Scalper, we invite you to share your experiences. Your insights could be beneficial to other traders considering this software. Remember, this is an independent product review, and your unbiased feedback is invaluable.
FAQ
Is the Multicurrency Scalper easy to use?
Yes, the Multicurrency Scalper is designed with a user-friendly interface making it easy to navigate even for novice traders.
Is this Forex software safe to use?
Yes, the Multicurrency Scalper does not employ any hazardous trading strategies, making it a safe tool for Forex trading.
Can I adjust the trading settings on the Multicurrency Scalper?
Yes, the software comes with multiple adjustable settings, allowing you to configure it based on your trading preferences and risk tolerance.
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