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Overview
In the realm of Forex Trading Software, the Time in Trade Expert Advisor emerges as an intriguing offering. This solution employs a unique strategy of initiating pending orders at predetermined times, and cleverly adjusts to both winter and summer time. The software utilizes a 5-minute trading timeframe and responds promptly to sharp price fluctuations.
Forex Software Review: Understanding the Softwareโs Performance
The Time in Trade softwareโs performance is hinged on critical factors such as the opening and closing of trading sessions, the release of vital economic indicators, and time intervals with high trader activity. This approach enables the software to react swiftly and efficiently to sudden market changes, thereby enhancing its trading effectiveness.
Forex Trading Strategies: How Time in Trade Operates
The software operates by opening pending orders with equal volumes for buying and selling when a signal arises. The programโs user has control over various settings like the Open Price, which sets the order opening level based on BID and AKS prices. The user can also set the Stop Loss level, which comes into play if the price moves in an unfavorable direction. Moreover, the software provides a Trailing Stop Loss level and allows the setting of a fixed trade volume.
Forex Market Analysis: Time in Tradeโs Risk Management
The softwareโs risk management features are noteworthy. The user can set the risk level in percentages, with 0 standing for no risk set and a fixed Volume being applied. If the risk level is set at 1 or more, it represents the risk level as a percentage of free funds. The user also has the ability to enable or disable trading at specific hours (server time).
Automated Forex Trading: Performance Test Results
A performance test of the Time in Trade software was conducted with a delay of 3ms, a leverage of 1/40, and a RISK level of 70. The initial deposit for the test was 3000 RUB. The input parameters for EUR/USD were as follows: Open Price โ 120; Stop Loss โ 140; Trailing โ 10; RISK โ 70. The test period ranged from 01/01/2022 to 31/12/2022.
FAQ Section
Where can I view independent testing of the Time in Trade software?
Independent testing of this product is available for viewing on the forexroboteasy.com website.
Can I subscribe to updates on the testing results of this product?
Yes, subscription to updates on the testing results of this product is available.
Absolutely! User experiences with the Time in Trade software are highly valued and can significantly contribute to product assessments and enhancements.
In conclusion, Time in Trade presents a promising approach to forex trading with its unique pending order strategy and array of user-controllable settings. However, potential users should conduct comprehensive due diligence and consider independent reviews and real-world results before making a decision. Remember, this review is independent and does not represent the endorsement or promotion of any particular product.
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