The Price Trap Test is a free version of a more comprehensive Expert Advisor, specifically created to allow traders to test its algorithm on a live account, as opposed to a strategy tester. The algorithm for trading signals remains consistent in both versions with the only distinction being the inability to manipulate parameters, barring the GMToffset.
Forex Software and Live Account Testing
Price Trap Test is one of the free Forex Tools that has revolutionized currency trading by enabling traders to test live account trading strategies. This allows for a more hands-on approach, enabling traders to get a real-time feel of the market dynamics. It’s a practical tool for Forex Market Analysis, giving insights into market trends and potential trading opportunities.
Trading Algorithm Parameters
The only parameter that can be adjusted in the free version of the Price Trap Test is the GMToffset. This refers to the difference between your broker’s time and Greenwich Mean Time (GMT). This parameter is essential as it helps to synchronize the trading signals with the market’s operating hours.
Full Version of Price Trap Test
The full version of Price Trap Test is a verified tool with the broker Just2Trade. It offers more flexibility as it allows for customization of parameters to suit individual trading needs and strategies. The full version, however, is not free, unlike its counterpart.
How to test the Price Trap Test
For those interested in testing the efficiency of the Price Trap Test, independent assessments are available on the forexroboteasy.com website. Subscriptions for updates on the testing results of this product are also available.
FAQ: Price Trap Test
1. Is the Price Trap Test free?
Yes, the Price Trap Test is a free version of the Price Trap Full Expert Advisor.
2. Can I change the parameters in the Price Trap Test?
The only parameter that can be adjusted in the free version is the GMToffset.
3. Where can I find independent testing of the Price Trap Test?
Independent testing is available on the forexroboteasy.com website.
Conclusion
The Price Trap Test stands out as a unique tool in the world of Forex trading strategies. Its user-friendly design, combined with the provision for live account testing, makes it a valuable tool for traders. As always, sharing experiences and insights about using this product is encouraged to foster a more informed trading community.
The review presented here is entirely independent. It aims to provide potential users with a comprehensive understanding of the features and benefits of the Price Trap Test.
Write review