The forex truck is designed with features that optimize trading, giving owners an excellent performance. Compared to other trading robots, it's a more sophisticated robot with a stable expert advisor feature. The forex truck algorithms give it 100% auto trading capabilities on both the MT4 and MT5 platforms.
It has features that make it compatible with any broker so that traders are free to choose any broker when purchasing this platform. Its biggest advantage is that traders don’t require additional payments to enjoy the full features it provides.
Features
The best forex truck purchased from https://forexstore.com/ has some of the most unique features. Their trading algorithms are set using the USC/CAD pair. Its trades are fully automated and only require proper programming.
It is compatible with any broker from around the world. The owner gets a competitive price to buy the software and get a lifetime license. The robot works on both the MetaTrader 4 and 5 versions. Traders can use the robot for nonstop trading throughout the year.
The Forex Truck Double Blocks
During the forex truck EA review, you will notice it has two blocks. One block opens orders while the other assists it if the prevailing conditions prove difficult. To open orders means to find the best time to enter the market when the buy/sell offer is at its best.
In some cases, the first block only opens one order but if the conditions are attractive, it opens a second one. Once it opens an order, it will only close it if its algorithms notice there is a high chance to make good profits.
At one time or another, the trends might suddenly change and the block realizes the trade it was just about to close might not result in a good profit. In such a case, the robot will try to trade to minimize losses. That means it may only achieve a small profit margin or a thin loss margin. In whatever way, it will have cushioned the owner from incurring big losses.
More often, the first block has no issues opening or closing a trade but sometimes situations might go beyond it and it fails to act well. In this case, the second block takes over to complete the trade.
The second block does not rush to fix issues faced by the first block even if they look too difficult. It waits until its algorithms tell it the first block is almost failing. In this situation, it takes over the trading and closes all trading to maximize profits.
If the prevailing market conditions are favorable, the second block will open trades. It may strategically open smaller trades to leverage on any losses made by the first block. The purpose of the second block is to make sure a trader gets profits and not losses.
Minimizing Risks
The two blocks work to ensure the system has limited or no drawdowns. This makes sure trader money is safe but if the loss is inevitable, the blocks will ensure it is not much. Its preset algorithms make it possible for the blocks to achieve this expectation.
Its algorithms have a stop loss feature that stops trading if the trader is likely to make a loss. It is programmed to keep real-time market monitoring so that it forcefully closes a trade if it must be closed.
The risk value settings enable the forex truck to accurately cushion against losses. Doe to the risk feature, many brokers get confidence with this robot and many of them give a money-back guarantee if the program fails to give profits within 30 days.
Overview
A forex truck is software that provides automated trading. Its features allow traders to set its algorithms and relax as the robot continually trades day and night. They are one of the latest developments in the forex trading market that traders are embracing fast.
They are easy to use because once programmed, there is not a lot of work that the trader is required to do to make the robot work. A trader will rarely make losses with the forex truck because of its two blocks capabilities.
Final Thoughts
The forex truck is designed with features that are more complicated compared to other robots so that it can provide limited risks during trading. It uses its double blocks features to minimize risks. The first block opens orders while the other assists it if the prevailing conditions prove difficult. The two blocks work together to ensure the system has limited or no drawdowns. This makes sure trader money is safe but if the loss is inevitable, the blocks will ensure it is not much.