Forex Weapon Expert Advisor

Forex Weapon – Forex Expert Advisor

Forex Weapon is a multitime trading advisor. The Expert Advisor can trade on several timeframes, including M15, M30, H1 and H4. The trading solution is compatible with most major currency pairs. The strategy used in the Expert Advisor – Mean Reversion – is that the Expert Advisor buys undervalued currency pairs and sells overpriced ones. The strategy of the Forex Weapon Expert Advisor is based on the assumption that the price will return to its average value sooner or later. Forex Weapon is a medium risk investment instrument. The developer of the application provides round-the-clock client support and offers a trial period of 60 days, during which funds can be repaid if the Expert Advisor is not effective.

WorkerForex Weapon
Executive class mid-term
Type of Expert Advisor trend
Size of the lot no less than 1000 pips for 0.1 of the standard lot
Size of deposit, $1000
Hand500
TimeframesMulti-TimeFrame (M15,M30, H1, H4)
StrategiesMean Reversion
Indicatorsyour own indicators
Recommendationed brokersFxPro
Pair tool/forexEURUSD, GBPUSD, AUDUSD, GBPJPY
Yield, % p.a.78.38
Max. drawdown, % p.a.29.28
Rating7.8
Autonomous account type
Indicator
Multiple use
Free use
Mini deposits
Maximum risk limit
ECN
NDD
Many series in one direction
Automatic start lot
Fixed stop-loss
Fixed Take Profit
Automatic shoulder
Created, year2015
What is a Forex Expert Advisor?

In connection with the popularization of automated trading, many investors ask themselves what is a Forex Expert Advisor? First of all, it is a special program required to manage the trading process automatically, i.e. without the trader’s participation. A trader invests in the robot in advance, a kind of algorithm, the conditions on the basis of which the subsequent market activity is carried out.

How do forex advisors work?

When you trade manually, you need to analyze the market yourself, take into account the forex forecast for the current day, forex news and choose the entry points to the market. However, it is also possible to trade automatically, using special programs that do most of the work for a trader – forex advisors.

Why shouldn’t beginners trade with Forex Expert Advisors?

Trading involves obtaining a great deal of knowledge – understanding the functioning of the market and various nuances, including the ability to apply technical and fundamental analysis. Forex Expert Advisors, i.e. the programs used for automatic trading, cannot help it.

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