The Trend Advisor of Forex is a robot expert,carrying out their own work if there is a strong trend on the market. With it, you can secure yourself a permanent guaranteed income, significantly reduce the level of risk.
Briefly about the instrument
Trend Forex Advisors can work onseveral currency pairs, however it is recommended to select USD-EUR and set the time frame for 5 minutes. If you set up an advisor correctly, then getting a stable income will soon come into your habit. A Trend Advisor is a set of individual programs that are activated and operate according to an individual algorithm. Each of them is included only when the right time comes. This approach allows you to extract the maximum profit from each trend movement. In addition, in the advisor's settings there are also manual functions that allow for independent control of the program.
The main advantage of trendadviser, - infrequent opening of orders. Therefore, all users should pay attention to setting the lot size. The program opens deals only at times when there is a strong trend on the market. Therefore, trade is recommended on several small deposits, thereby increasing revenue. Before you begin, test the trend advisor with the default settings. After this, you can start to change the planned amount of income and loss, the level of risk and other parameters.
The first thing you should pay attention to is the skillthe adviser trading in a trend, to determine the market's phases (ascending, lateral or descending) and act based on the received data. In order to avoid testing each adviser, we designate the obviously unprofitable and questionable strategies of the program:
- Martingale system. A trend adviser should be able to determine the clear direction of the market, rather than playing roulette.
- Use demo accounts in order not to lose much at the initial stage. If you decide to use the program on a real account, then please specify the minimum acceptable lot.
- Trends are formed over several days,and sometimes even weeks. Prefer an adviser working on long-term investment. Forex Advisors ideally use day charts. Be bypassed by those that trade within a day.
- Watch the deals. The market is the place of occurrence of force majeure, so you should not forget about the limitation of losses.
Many advisors in the network are intraday. But by its nature, the trend is a stable and long-lasting tendency to lower or increase the price. Such programs are always subject to additional risk, because even if there is a micro-trend, in the end the market will adjust to a stronger, global trend. Advisor is a great tool for increasing your own income. Its capabilities are designed for long-term investment, so do not rush, and you will extract impressive profits with minimal risk. Good luck in business!