When it comes to the world of Forex trading, having the right tools can make a significant difference. One such tool is the Three Sixty Dollar EA, an automated Forex software designed to optimize trading strategies in the currency exchange market. Let’s delve into an in-depth analysis of this software.
Overview: Understanding the Three Sixty Dollar EA
The Three Sixty Dollar EA is a Forex trading software that adopts an automated trading approach. It utilizes a tick-sequence system that opens a trade every tick, allowing it to find the end of an optimal candlestick position. With its unique configuration, it adapts to every market movement and can operate efficiently, even in non-volatile market times.
Trading Parameters and Functionality
One of the key features of this software is its ability to work on the DE40 indices exclusively. The software operates on an automated mechanism that doesn’t require manual closing of trades. It closes all trades automatically at the right point, making it a practical tool for Forex trading.
The software’s maximum working time is 30 minutes per day, primarily in the morning. This is due to the sequence from the chart being unable to trade in the afternoon or evening. The software opens 10,000 trades per half an hour, with the maximum trade messages limited to 15,000 per day. This limit is defined by the broker and resets every day at 00:00.
Customization and User Control
While the Three Sixty Dollar EA operates automatically, it still provides a certain level of control to the user. For instance, users have the flexibility to change their lot size. However, it’s crucial not to alter the candle ID or the timeframe in the settings as they are all interconnected and essential for the software’s optimal performance.
Profit Generation and Market Analysis
The Three Sixty Dollar EA operates on the principle of a trailing stop, which needs to be 1 pip big, and the stop loss has to be the same size as the current spread. This is one of the reasons why the software can generate profit even when the Dax has a fixed spread of 50 pips. The Expert Advisor’s maximum working time is half an hour, typically between 09:01 to 09:30 server time, due to the advisor’s capacity to open over 10,000 positions during this period.
FAQ Section
Q: What is the Three Sixty Dollar EA?
A: The Three Sixty Dollar EA is an automated Forex trading software that uses a tick sequence system to optimize trading strategies.
Q: How does the Three Sixty Dollar EA work?
A: The software operates automatically, opening trades every tick and closing them at the optimal point. It works for a maximum of 30 minutes per day.
Q: Can I control any aspects of the Three Sixty Dollar EA?
A: Yes, users can change their lot size. However, it is crucial not to alter the candle ID or the timeframe in the settings.
Q: How does the Three Sixty Dollar EA generate profit?
A: The software operates on the principle of a trailing stop, which needs to be 1 pip big. The stop loss has to be the same size as the current spread, enabling it to generate profit even in stable market times.
For those interested in seeing the Three Sixty Dollar EA in action, you can find independent testing of this software on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product. We encourage our readers to share their experience of using the Three Sixty Dollar EA. Remember, this is an independent product review, and any feedback shared can provide valuable insights for other traders.
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