Forex technology has seen significant advancements over the years, with artificial intelligence playing a pivotal role in enhancing trading platforms. The Neuron Net DAX40 stands as a testament to this evolution, serving as a reliable AI Forex software designed to predict Germany 40 Index (DAX40) price movements. It is an integration of Python programming language, deep learning machine, and MQL5 code.
Forex Market Predictions Using Neuron Net DAX40
The Neuron Net DAX40 is uniquely designed to produce accurate entry and exits based on artificial intelligence. It’s been through rigorous testing phases on both demo and real accounts and has shown promising results. Notably, unlike some other platforms, the Neuron Net DAX40 does not use the martingale system, hence reducing risk.
Setting Up the Neuron Net DAX40
The Neuron Net DAX40 software is compatible with a range of account types including Standard, Pro, Classic, ECN, RAW, Hedging, and those offering leverage of 1:100. It is designed to work with various symbols like DE40, DE30, DAX40, GER40, and GEREUR on a D1 timeframe. However, it is important to note that Neuron Net DAX40 may not function properly with other EAs that trade these symbols.
How Does Neuron Net DAX40 Work?
There are two ways to close positions in Neuron Net DAX40. The software, powered by AI, can automatically close open positions when there is a change in price predictions. Alternatively, it can close when the price reaches the StopLoss line, using StopLoss, Trailing StopLoss, and Breakeven. It is worth noting that this does not account for commissions.
One key aspect of the Neuron Net DAX40 is that it collects data to make price predictions, and this data collection stage relies heavily on the data collected. Therefore, it is recommended to use a Virtual Private Server (VPS) to ensure the Expert Advisor (EA) can operate smoothly.
Regular Updates and Broker Compatibility
Neuron Net DAX40 updates its AI database monthly, so users are advised to update to the latest version regularly. This software is spread and slippage sensitive, meaning that not all brokers are suitable for implementing this trading method. As such, users should conduct a backtest with their preferred broker to ensure optimal performance of the software.
FAQ
Can Neuron Net DAX40 work with other EAs?
No, Neuron Net DAX40 is not designed to work with other EAs that trade the same symbols.
How often does Neuron Net DAX40 update its AI database?
The software updates its AI database every month. Users are advised to ensure they are using the most current version for optimal performance.
Independent testing of the Neuron Net DAX40 is available for viewing on forexroboteasy.com, where users can also subscribe to updates on the results of testing this product. Sharing experiences of using this product is encouraged, providing valuable insights for other traders.
As an independent product review, it is important to note that the Neuron Net DAX40’s past performance does not guarantee future results. Therefore, the results of the backtest should not be used as a reference for future profit percentages.
Moreover, it is advised to avoid purchasing cracked versions of the software. These will not receive database updates and may also contain embedded code preventing the EA from working correctly if it hasn’t been purchased from MQL5 market.
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