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Overview
The Swing Continuation Forex software is a unique automation tool designed for forex traders. This software is primarily based on the swing continuation pattern, a strategy that leverages the swing highs and swing lows within a trend for low risk, high reward trades.
Understanding the Swing Continuation Pattern
Characterized by a short reversal or pullback, the swing continuation pattern is a low-risk trading strategy that offers high rewards. These patterns occur along the swing highs and swing lows of a trend, making them highly reliable. They are especially advantageous when accompanied by the trend flow of price action and currency strength.
Features of the Swing Continuation Forex Software
This forex software brings to the table several noteworthy features. It does not repaint or backpaint, and it includes a Currency Meter Dashboard. The software also indicates the level for stop loss, a crucial element in low-risk trading. Perhaps the most distinguishing feature of this software is its ability to filter highly profitable signals, thanks to the currency meter.
How to Use the Swing Continuation Forex Software
The software is designed for use on all pairs, specifically for M15 (15 minutes) to H1 (1 hour) timeframes. Users should wait for the swing continuation signal, confirm the signal with the currency meter, and then enter the trade. They should set their stop loss in accordance with the indicated stop loss level.
Limitations of the Software
One key limitation to note is that the currency meter does not function in the MT4 strategy tester. This is because the MT4 test mode does not provide all currency values. However, the currency meter operates smoothly in demo/live environments.
Independent Testing and User Experience
For those interested in independent testing of the Swing Continuation Forex software, forexroboteasy.com offers comprehensive reviews. Subscription updates on the results of product testing are also available. Traders who have used this product are encouraged to share their experiences and feedback.
FAQs
1. Can the Swing Continuation Forex Software be used on all currency pairs?
Yes, the software is designed for use on all currency pairs, specifically for M15 (15 minutes) to H1 (1 hour) timeframes.
2. Does the software’s currency meter work in the MT4 strategy tester?
No, the currency meter does not function in the MT4 strategy tester due to the lack of complete currency values. However, it operates smoothly in demo/live environments.
3. Where can I find independent testing of this product?
Independent testing of the Swing Continuation Forex software can be found on the forexroboteasy.com website. Users can also subscribe to updates on the results of product testing.
In conclusion, the Swing Continuation Forex Software offers traders a unique approach to low risk, high reward trading. Its integration of the swing continuation pattern and a currency meter provide a robust strategy for capturing profitable trades. However, as with any trading tool, it is recommended that traders conduct their research and testing before incorporating it into their trading strategies.
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