CadenceFX MT4

Overview of CadenceFX MT4

• CadenceFX MT4 is designed to enhance trading performance on the MetaTrader 4 platform.
• It incorporates advanced trading strategies utilizing Bollinger Bands and a Stochastic Oscillator to identify market reversals.
• The trading robot is rated highly, achieving a perfect score of 5.0 from its users.
• Dynamic Lot Sizing: Adjusts automatically based on the account balance to optimize risk management.

Key Features

• Dual Indicator Strategy: Uses a combination of Bollinger Bands and Stochastic Oscillator for precise entry and exit signals.
• Trend Filtering System: Prevents trading during strong trends, improving accuracy by reducing potential losses.
• Patience in Trading: Waits for market retracements before executing trades for a more strategic approach.
• Fully Automated: Requires minimal manual intervention, allowing traders to engage in multiple markets effortlessly. 🚀

Backtesting and Performance

• Backtest Quality: Achieved a modeling quality of 100% using real ticks quality, ensuring robust performance metrics.
• Timeframe and Environment: Recommended for use on the USDCAD pair in the M15 timeframe.
• Optimal Leverage: Works best with a leverage of 1:100, sustaining an ideal trading atmosphere.
• Traders are encouraged to conduct backtests with Tick Data Suite aligned with GMT+2 for accuracy.

User Feedback

• Renowned for its effectiveness, users have reported positive experiences with significant gains in their portfolios.
• Feedback highlights the robot’s ability to navigate various market conditions with ease and adaptability.
• A strong community of users appreciates the continuous updates that keep the software relevant amid changing market dynamics. 🎉

Requirements and Recommendations

• Minimum Deposit: It is recommended to start with at least a $1500 deposit to fully utilize this EA's potential.
• Trading Environment: Best suited for use with ECN and Raw spread accounts.
• Customization: Users can customize risk levels and profitability settings, adjusting parameters to suit personal trading styles.
• Regular updates and robust user support ensure a reliable trading experience.