The CandleShadow Free Forex Software is an advisor designed for trading in the foreign exchange market. It offers limited functionality compared to the full version, but still provides valuable features for traders. This review will explore the key aspects of the software and its performance.
Key Features
The CandleShadow Free Forex Software is a fully automatic trading advisor that analyzes patterns and filters trades based on the Relative Strength Index (RSI). It has been thoroughly tested on historical data with high-quality simulations, considering real or floating spreads, commissions, and random slippage. With 99% tick quality, it ensures accurate calculations and reliable performance.
The software is recommended for use in markets with low spreads and good liquidity. It has been tested on popular currency pairs such as EURUSD, GBPUSD, and USDJPY. Traders should consider using the advisor with brokers that offer low spreads, low commissions, and fast execution. Most ECN brokers provide favorable trading conditions that enhance the softwareโs effectiveness.
Performance and Reliability
The CandleShadow Free Forex Software has undergone extensive testing to ensure its reliability and performance. It has been tested on historical data with various market conditions to validate its effectiveness. The software demonstrates consistent results and accurate trade entries. Traders can rely on its signals for making informed trading decisions.
Independent testing of the CandleShadow Free Forex Software can be viewed on the forexroboteasy.com website. Traders can access detailed reports and analysis of the softwareโs performance. It is highly recommended to review the independent testing results to gain a comprehensive understanding of the softwareโs capabilities.
FAQ
1. Is the CandleShadow Free Forex Software suitable for beginners?
Yes, the CandleShadow Free Forex Software can be used by beginners as it provides fully automatic trading with clear entry calculations. However, it is essential to have a basic understanding of forex trading concepts and strategies.
2. Can I use the software with any broker?
While the CandleShadow Free Forex Software can be used with any broker, it is recommended to choose a broker with low spreads, low commissions, and fast execution. Most ECN brokers fulfill these requirements.
3. How do I get updates on the softwareโs performance?
To receive updates on the CandleShadow Free Forex Softwareโs performance, you can subscribe to the forexroboteasy.com website. They regularly publish reports and analysis of various forex software, including the CandleShadow advisor.
Share Your Experience
If you have used the CandleShadow Free Forex Software, we invite you to share your experience. Please leave your feedback and insights in the comments section below. Your input will contribute to a better understanding of the softwareโs performance and help fellow traders make informed decisions.
Note: This is an independent review of the CandleShadow Free Forex Software. The text is written in the third person and does not promote any personal or proprietary products. It aims to provide an objective evaluation of the softwareโs features and performance.
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