Razor MT5

The Razor MT5 is an automated trading system that is designed to optimize Forex trading. The system is based on a multicurrency, open and fully automated algorithm that tracks the return strong market movements of the AUD, CAD, and NZD currencies.

High Precision Scalper Mechanism

The Razor MT5 initially utilizes a high precision scalper mechanism. This mechanism is designed to identify and exploit small price changes in the market, providing the opportunity for quick profits. The scalper mechanism is known for its accuracy and speed, making it an essential tool in the Razor MT5 system.

Grid Mechanism for Increased Income

Following the scalper mechanism, the Razor MT5 activates a grid mechanism. This mechanism is designed to increase income during periods of small drawdowns. The grid mechanism works by placing multiple trades at different price levels, creating a grid of trades that can potentially profit from market fluctuations.

Open Algorithm and Customizable Settings

The Razor MT5 system is based on an open algorithm, allowing traders to create their own settings for different currency pairs. The default settings are designed for the AUDCAD, AUDNZD, and NZDCAD pairs, and the system is run on one AUDNZD M15 chart. Traders also have the option to contact the product provider for bonus settings and recommendations for Virtual Private Server (VPS) and broker.

System Requirements and Recommendations

The Razor MT5 system is sensitive to spread and slippage, so a good ECN broker is advised. The system should run continuously, which makes the use of a VPS advisable. The system uses an adaptive lot size calculation, but it should be noted that with low leverage (1:30 and below), there may be issues with margin requirements on low equity accounts.

Independent Testing and Updates

For those interested in seeing the system in action, independent testing of the Razor MT5 can be viewed on the forexroboteasy.com website. Subscriptions for updates on the testing results of this product are also available.

FAQ

What are the supported currency pairs for the Razor MT5?
The Razor MT5 supports the AUDCAD, AUDNZD, and NZDCAD pairs.

What is the recommended timeframe for the Razor MT5?
The recommended timeframe for the Razor MT5 system is M15.

What is the cost of the Razor MT5 system?
The Razor MT5 system is currently priced at $445, with only 7 copies left at this price. The next price will be $695.

We invite all users of the Razor MT5 system to share their experiences and insights. This will not only help potential users make informed decisions, but also contribute to the ongoing improvement of the system.

Please note that this is an independent product review and does not represent the views or opinions of the product provider.