In the diverse world of Forex trading, the RSJ PRO stands out as a cutting-edge software designed to calculate and plot supply and demand zones on a trading graph. This advanced trading software, as part of its Forex market analysis, categorizes these zones into Weak, Strong, Verified, Proven, and Broken/Turncoat.
Understanding Zone Classifications
The RSJ PRO software categorizes price zones based on their strength and historical performance. The “Weak” zones refer to price regions likely to be breached when retested, while “Strong” zones suggest price regions that have changed the trend’s direction and are not expected to be retested soon. “Verified” zones are strong price regions that have undergone 1 to 3 retests without a price breakthrough, while “Proven” zones have had 3 or more retests without a price breach.
A unique feature of the RSJ PRO is the “Broken/Turncoat” category, which refers to a price region that has been breached, converting a support into a resistance or vice versa.
Visual Settings in RSJ PRO
In enhancing usability, RSJ PRO comes with various visual settings. Users can choose to display Weak, Untested, and Broken zones, providing a comprehensive view of market trends. Additionally, the software can merge very close zones into a wider one for a better overview. The ‘Extend Zones’ feature checks for previous limits corresponding to the drawn zones and extends them accordingly.
RSJ PRO’s Calculation Settings
RSJ PRO’s robustness is further demonstrated in its calculation settings. The software can analyze between 500 and 5000 candles to classify zones, allowing traders to customize their Forex strategy development. It uses an Adjustable Time Range (ATR) Period, an ATR Factor, and Fast and Slow Fractal Factors for accurate calculations.
Alert and Label Settings
The software is equipped with customizable alert settings that encompass popup sound notifications, smartphone notifications, or a combination of both. Users can choose from 13 different types of sounds.
Label settings, on the other hand, allow users to display text next to the zones, providing information about the type of zone and the number of retests, if applicable. The font color and size are customizable to suit user preferences.
Frequently Asked Questions (FAQ)
1. Where can independent testing of RSJ PRO be watched?
Independent testing of this product is available on the forexroboteasy.com website.
2. Can I subscribe to updates on the results of testing RSJ PRO?
Yes, you can subscribe to updates on the testing results on the forexroboteasy.com website.
3. Is the RSJ PRO suitable for all types of Forex traders?
Yes, RSJ PRO is designed to cater to both beginners and experienced traders with its user-friendly interface and advanced features.
4. Can I share my experience of using RSJ PRO?
Absolutely! We encourage users to share their experiences and feedback about the product.
In conclusion, RSJ PRO is a comprehensive Forex trading tool that brings a scientific approach to Forex strategy development, making it a viable option for traders looking for advanced trading software. Remember, this is an independent product review, and we invite all users to explore the product and share their experiences.
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