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Auto Forex Trading Tools

This is a special forex trading tool that helps you with your forex trading activities.

This tool performs these activities automatically.

How does it work?
This tool connects to the MT4 platform. We know that the MT4 platform can stream data to the tool in real time with the help of the DDE SERVER feature. This data consists of bid, ask, high, and low prices. After the data is received by this tool and processed internally to form a signal (generated signal), the data in the form of a signal is sent to MT4, where we have prepared a small program (EA file) that can receive the signal and place an order.

That's a brief overview of how this automated tool works.

I believe this is the first automated trading tool in the world that involves an application outside the MT4 platform.

As we know, automated trading programs are usually created within the MT4 platform itself, but this tool is different. It's definitely different from anything else that has ever existed, and you should try it and experience the difference.

How does this tool generate signals?

There are several trading modes used in this tool, but I just want to say that many forex traders fail because they choose the wrong currency pairs. Let's think logically. In forex trading, there are 8 commonly traded currencies: EUR, GBP, AUD, NZD, USD, CAD, CHF, and JPY. When combined into currency pairs, the total is 28 currency pairs.

So, out of 28 currency pairs, only 1 is the most trending currency pair. Therefore, we can simplify the sentence to 1:27 (1 trending and 27 non-trending). If converted to a percentage value, then the most trending currency pair =
( 1:28) X 100% = 3.57% of trending currency pairs
(27:28) X 100% = 96.43% of non-trending currency pairs

Realize that each currency pair has a different value, and this difference determines the level or strength of its respective trend. The greater the difference in the currency pair's numbers, the stronger the trend of the currency pair. This is why we call it a trending currency pair.

So, a trending currency pair is formed from the strongest and weakest currencies, and this is rarely known by forex traders.


 

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