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Type:
Live
Leverage:
100
Deposit:
2061.58$
Balance:
1301.71$
Profit:
-759.87$
Withdrawal:
0$
Update: 16 Feb 2024
All time Year 6 months 3 months 1 month
Profit:
-759.87$
Traders:
1255
(832/423)
Most Profit Trade:
32.86$
Most Loss Trade:
-39.18$
Profit Factor:
0.41
Average Loss:
-11.9$

Overview

The world of Forex trading is constantly evolving, and the Project Gryphon MT4 is a testament to this continuous innovation. This fully automated trading expert is designed to navigate the volatile currency market with a unique approach: wave-based trading.

A Medium-Term Trading Strategy

Unlike many Forex strategies that rely on short-term scalping or high-risk martingale and grid systems, Project Gryphon MT4 implements a medium-term trading strategy. It uses the theory of wave movement to predict changes in local trends, effectively leveraging historical data for future gains.

The software creates a five-period prognostic model, with each period having its own copy of the advisor. These advisors work independently, each with different internal parameters including take profit, conditions for opening and closing positions. Despite their autonomy, they work harmoniously without interfering with each other’s operations.

Security and Convenience

One of the key features of Project Gryphon MT4 is its commitment to security. Each position opened by the software is protected by a stop-loss, minimizing potential losses. Additionally, the software requires minimal optimization settings, most of which are set by the extrapolator. This not only simplifies the user experience but also ensures that the software adapts to the ever-changing Forex market.

Constant Operation and Flexibility

Project Gryphon MT4 is designed to work round the clock, capturing price movements without waiting for news or events. Its medium-term operation allows it to capture the entire price movement rather than just a part of it. The software can hold positions from several hours to several days, offering flexibility based on market conditions and user preferences.

Requirements and Risk Warnings

While Project Gryphon MT4 has been optimized for the EURUSD pair on the H1 time frame, it can also trade on other pairs. However, users should be aware that the optimization and adjustment of the interpolator and extrapolator was performed only on EURUSD. The software requires a deposit of 0.01 lot for every $500.

Like any other Forex trading software, it’s important to understand that Project Gryphon MT4 makes forecasts using historical data. As such, it’s vital to not risk more than you can afford to lose. The software can open up to five onesided positions, so consider potential drawdowns when determining your lot sizes.

FAQ Section

What is the main trading strategy of Project Gryphon MT4?
Project Gryphon MT4 uses a medium-term trading strategy based on the theory of wave movement of the market.

Does Project Gryphon MT4 require constant optimization?
No, the software requires minimal optimization settings, most of which are set by the extrapolator.

What currency pairs are recommended for Project Gryphon MT4?
While the software has been optimized for the EURUSD pair, it can also trade on other pairs.

How does Project Gryphon MT4 ensure security?
Each position opened by the software is protected by a stop-loss, minimizing potential losses.

For independent testing of Project Gryphon MT4, you can visit the forexroboteasy.com website and subscribe to updates on the results of testing this product. We also invite users to share their experiences with this product.

Remember, this is an independent product review. We aim to provide unbiased, professional insights into the functionality and performance of Project Gryphon MT4.

Project Gryphon MT4
Update: 16 Feb 2024
Trading Conditions by Project Gryphon MT4
Leverage:
100
Account type:
Live
Profitable by Project Gryphon MT4
Profit:
-36.86%
AVG Daily:
0$
Deposit:
2061.58$
WithDrawal:
0$
Current Balance:
1301.71$
Profit:
-759.87$
Project Gryphon MT4 Review: Wave-based Forex Trading

forexroboteasy.com

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