With the advent of machine learning and automation, Forex Trading software has taken a quantum leap. One such cutting-edge trading software that has been making waves in the financial markets is the True Range Engine MT4. This robust software integrates innovative features such as Night Scalping and the Smart Grid System, and has been backtested and optimized from 2010 to 2023.
Performance and Trading Strategy
True Range Engine MT4 operates during the night session, leveraging machine learning-based indicators to open positions. As the price moves against open positions, True Range Engine dynamically adjusts the order grid. This software stands out with its special Active Order feature, which enhances overall performance when the number of open positions increases. The engine is capable of delivering stable, low-risk performance as well as ultra-high performance, depending on the volume of the position.
Automated and Secure Trading
True Range Engine MT4 is designed with a 100% automated trading feature. Every position is secured with a hard stop loss while the dynamic basket take profit ensures maximum gains. Traders can choose between fixed and auto-volume trading modes. The software has been rigorously backtested from 2000 to 2023, ensuring historical quality on every tick.
Trading Guidelines
True Range Engine MT4 is optimized for the EURUSD, M5 pair. It requires a minimum leverage of 1:100 and an ECN account. The software recommends a trade volume of 0.01l per $1250.
Customizable Inputs
True Range Engine MT4 offers customizable inputs, which include Common — MagicCommentPositions Direction Max, posTimeframe In (to open positions), and Takeprofit Type. It also offers two volume types – Vol_Fix (fixed – Volume Fixed Value) and Vol_Rel (relative – Balance/VolumeRelativeValue).
Independent Testing and Updates
For those interested in witnessing the performance of True Range Engine MT4, independent testing of this product is available on the website forexroboteasy.com. Traders can also subscribe to updates on the testing results of this product on the same website.
Frequently Asked Questions
Is True Range Engine MT4 suitable for beginners?
Yes, its user-friendly interface and automated trading features make it suitable for both beginners and experienced traders.
What trading pairs is True Range Engine MT4 optimized for?
True Range Engine MT4 is optimized for the EURUSD, M5 pair.
Can I customize the trading inputs in True Range Engine MT4?
Yes, True Range Engine MT4 offers customizable inputs for a more personalized trading experience.
Final Thoughts
True Range Engine MT4 represents a significant advancement in Forex Trading software. Its unique blend of night scalping, smart grid system, and machine learning-based indicators make it a worthy consideration for traders looking for a robust, reliable, and high-performing trading software.
We invite traders who have used this product to share their experiences and help others make a more informed decision. Remember, this is an independent product review and we hold no affiliations with the product or its manufacturers.
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