The Price Move Robot is an algorithmic trading system designed by Punza Yannick Kakungula. It follows the price movements closely, placing a stop loss and take profit with a trailing stop. The system primarily uses an indicator that follows the price and the RSI indicator over a period of 14 to the level 30.
Performance and User Reviews
Based on user reviews, the Price Move Robot has garnered a rating of 2.8. While some users have found the system to be highly effective and have praised its performance, others have reported negative ROI and account burnouts. Hence, the system has had mixed reviews, indicating varying levels of success depending on the user’s trading strategy and risk management.
User Recommendations
Most users recommend using the robot on the US30 and GOLD currency pairs on the H1 period. The minimum deposit recommended by the system is $10. However, some users have suggested using the robot in different settings, indicating that the system’s performance might vary depending on the trading conditions and user preferences.
Tips for Potential Users
Before using the Price Move Robot, potential users should consider their trading strategy and risk tolerance. It is advisable to adjust the system to fit your strategy and use a portion of the deposit that you are comfortable risking. Monitoring the system closely and adjusting the settings as needed can potentially improve performance and reduce risk.
Conclusion
The Price Move Robot offers an automated approach to trading, but its performance can vary greatly depending on the user’s trading strategy and risk management. Hence, potential users should approach with caution and make adjustments as needed to suit their trading preferences. For more information and trading results, users can visit Forexroboteasy.com or download source code examples from the easytradingforum.com.
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