Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Introducing the Fantom Trading Robot: Your Indispensable Assistant in the Forex Market
Fantom is a trend-following professional expert that uses powerful mathematical algorithms and computer analysis to interpret market processes. This trading robot is based on the Elliott Wave Theory and technical indicators, which allows it to accurately identify trends and open trades in accordance with the current market movement.
Fantom's Key Advantages
- Wave Pattern Analysis: Fantom uses the Elliott Wave Theory to analyze market movements. This theory interprets price movements through a system of visual patterns on charts, making the analysis more accurate and predictable.
- Automated Trading: The robot automatically analyzes the market and makes decisions based on mathematical models and technical indicators.
- Flexible Capital Management Policy: Fantom supports two capital management strategies:
- Static Lot: All trades are opened with the same volume.
- Dynamic Lot: The position size varies depending on the deposit volume.
- Powerful order closing features
- Stop Loss and Take Profit: Fantom automatically sets stop loss and take profit levels for each trade, allowing you to effectively manage risks.
- Trailing orders: Use a trailing stop to protect profits and minimize losses.
- False signal filtering: The robot uses boundaries to filter out false positives, which improves the accuracy of trades.
Technical parameters
- Magic Number: Unique identifier of orders.
- Spread Maximum: Spread limit for trades.
- rStopLoss and rTakeProfit: Stop loss and take profit levels.
- vStopLoss and vTakeProfit: Virtual stop loss and take profit levels.
Advantages of using Fantom
Speed and accuracy: Fantom can track multiple quotes, perform complex calculations and instantly place orders, which is impossible for a person.No errors: The robot works strictly according to the embedded algorithm, excluding human errors in calculations and placing orders.Emotional stability: Fantom is not subject to emotions and always follows the logic of its trading system, which excludes losses due to emotional decisions.Continuous operation: The robot is ready to work 24/7, which allows you to do your own thing while Fantom trades for you.
Recommendations for working with Fantom
Currency pairs: Test suitable pairs.Timeframe: H1.Recommended deposit: $10,000 or equivalent in another currency.
Conclusion
Fantom is a reliable and effective tool for long-term trading on the Forex market. Its advanced algorithms, based on the Elliott Wave Theory and technical indicators, ensure accuracy and reliability in any market conditions. Download a test version of Fantom from our website and see its effectiveness for yourself.
