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Overview
Power of Movement is a unique and innovative adaptive forex software designed for trading on specific currency pairs. This software review aims to provide an in-depth look at how the system works, its functionalities, and how it adapts to fluctuating market situations.
Trading Pairs and Timeframe
The software is specifically designed for trading on four currency pairs: AUDCAD, EURAUD, EURCAD, and EURCHF. The trading operations are typically conducted on an M5 timeframe, with trades usually occurring at 23 and 0 hours. However, itโs important to note that there was an error in the recent update (version 1.9), where instead of adding the EURCAD pair, the EURUSD pair was added mistakenly in the English version. The Russian version has the correct pair added. In the near future, more currency pairs are expected to be included for trading with this Expert Advisor.
Adaptive Order Tracking System
One of the key features of the Power of Movement software is its adaptive order tracking system. Unlike other trading systems that have a fixed take profit and stop loss, this software is capable of adapting to different market situations. This flexibility allows it to potentially yield better returns as it can adjust to various market trends and dynamics. Itโs worth noting that while the system does have a maximum stop loss limit, it rarely reaches this point. If it does, the system is designed to close deals ahead of schedule, often before hitting the maximum stop loss.
Risk Management and Transaction Closure
The software maintains a conservative approach when it comes to risk management. It doesnโt employ risky money management methods such as Martingale, grid, and averaging. This ensures the preservation of your capital and mitigates potential heavy losses. Furthermore, the system aims to close all transactions within a few hours of opening, which helps avoid unwarranted losses that can occur from keeping transactions open for prolonged periods.
Pricing and User Settings
The current price for the Power of Movement software is $125 for the first ten sales, after which the price increases to $225. The minimum deposit required to start trading is $5 per currency pair, with a recommended deposit of $50. The softwareโs settings are user-friendly and straightforward. They include features such as fixed lot size, autolot enablement for lot size adjustment, and a magic number setting to differentiate your orders from other advisors.
Independent Testing and Updates Subscription
Users interested in the Power of Movement software can access independent testing results on the forexroboteasy.com website. This allows potential users to make informed decisions based on the softwareโs performance under various market conditions. Subscription for updates on the productโs testing results is also available, providing users with regular feedback on its performance.
FAQ Section
Does the software include a stop loss mechanism?
Yes, the software includes a maximum stop loss limit. However, in most cases, it closes deals ahead of schedule before reaching this point.
What currency pairs does it trade on?
Currently, the software trades on AUDCAD, EURAUD, EURCAD, and EURCHF. However, more currency pairs are expected to be added in the future.
Is the software user-friendly?
Yes, the Power of Movement software settings are straightforward and easy to understand, making it user-friendly even for novice traders.
Does it use risky money management methods?
No, the software doesnโt employ risky money management methods such as Martingale, grid, and averaging. This ensures the preservation of your capital and limits potential heavy losses.
We invite all users of the Power of Movement software to share their experiences for the benefit of the trading community. This independent product review aims to provide an unbiased perspective on the software and its capabilities.
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