Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Introduction
MetaTech Algo invest present to you our cutting-edge expert Currency Strength M4, a complete advanced algorithmic system that measures the strength between the eight currencies AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD and in turn generates a total of 28 traded pairs. Continue reading this documentation so that there is no ambiguity about its use at a later stage.
What are the benefits of the system in general?
- A variety of settings can be used and trading can take place on any time frame, however M15 is recommended with the presets provided by the expert.
- Currency heatmap with signal and market session panel
- Spread, time and day filters
- Adjustable strength scanner with four different sensitivity modes and deviation setting
- The number of traded currency pairs is a maximum of 28, a minimum of 1, you decide which ones to be traded.
What you need to think about before using the system
- This expert is a betting system type, in other words martingale is used in the recovery order system
- There is no possibility to backtest, so do not waste time even trying!
- Does your broker support all 28 currency pairs major / minors (extended)? If not, you can not use the system- In that case, switch broker to one that supports all of these!
- Make sure that all 28 major / minor (extended) symbols are visible in your terminal's market watch before loading the system on the chart, otherwise the system will not work!
- Trading can sometimes be limited for a stagnant market for example. Depending on the multi symbol setup, there can be more than just one order open at the same time. Make sure to check your deposit, account margin and leverage that it's enough to trade with.
- Following 28 currency pairs must be supported by your broker and visible in your market watch; EURUSD GBPUSD AUDUSD USDJPY USDCHF USDCAD NZDUSD CADCHF CADJPY CHFJPY GBPJPY NZDJPY GBPCHF EURJPY AUDJPY AUDNZD AUDCAD AUDCHF EURGBP EURAUD EURCHF EURNZD EURCAD NZDCAD NZDCHF GBPNZD GBPCAD GBPAUD
How to start using the system
- Make sure 'Algo Trading' is enabled in your teminal
- Open up a chart with only one of the 28 mentioned symbols on time frame M15 if defalt settings used and attach the expert to it. All trading is controlled from one and the same chart
Menu setting categories
You are referred to the screenshots considering that there are a large number of different settings and would take too much space to specify in the product descriptionTry a demo version for 7 days for free
It is of course understandable that a system that is impossible to test in the strategy tester creates many questions and skeptical thoughts, but for those who are really interested and want to take Forex trading to another exciting level, there is of course the opportunity to try a 7-day demo version completely free. The demo version only works on demo accounts. To take advantage of this offer, contact MTAI via our website where you request a 7-day trial period. You can find the website link on my personal page.
