Ganon Forex Robot Review
Currently, there are only a few Forex robots available on the market that are programmed with a high-quality backtesting model. These robots can produce results that are 99% modeling quality. However, they do not offer a money-back guarantee and can only be used on the MT4 platform.
MT4 platform required
MT4 is an excellent platform that offers several features to help a trader make the most of their investments. It’s easy to use and can be downloaded for free from some of the best forex brokers in the world.
MT4 is ideal for new and experienced traders alike. It provides access to many data sources, including currency pairs, equities, and commodities. Traders can also use Expert Advisors for automated trading. Expert Advisors can offer useful backup to hand-held trading.
MQL4 IDE is a powerful platform that enables a trader to develop trading indicators and Expert Advisors. It also offers a debugger, a strategy tester, and other features designed to help traders develop the best possible trading strategy.
The MT4 platform is available for both Windows and Mac. It has a very easy-to-use interface that is suitable for new and experienced traders alike. It also provides access to a variety of trading tools, including multi-terminal use and hedging capabilities.
Using an MQL-coded robot at Ganon Forex is a good option for traders of any skill level. The software allows you to easily adjust settings depending on your currency pair. The robot can also be configured to trade on micro lots. It can also be used in conjunction with other EAs.
Although the robot has generated some positive reviews, some traders have lost their accounts. However, it is free to use. You can also test it out on a demo account.
Ganon Forex has a money-back guarantee. The developer of the robot claims that the product is easy to use for beginners. It also has a trend-trading feature. The robot uses advanced trend detection to identify reliable trends in the Forex market. It has been designed to help you avoid noise and produce reliable gains. It is based on strand theory, which is a unique approach to identifying trends. It also uses an innovative ATR trailing stop.
99% modeling quality backtesting results
Getting 99% modeling quality backtesting results for Ganon Forex Robot is no small feat. This is because the software is based on a unique and proprietary strand theory that aims to identify the start and end of trends. This technology took six years to develop.
Ganon Forex Robot has several interesting features. This includes advanced trend detection and a nifty money management system that includes trailing stops. In addition, this EA is designed to work on any currency pair, allowing you to choose the timeframe and lot size that best suits your trading style.
Back-testing any EA will reveal that it’s not all about luck and trial and error. The good news is that you can get 99% modeling quality backtesting results for free.
Does not offer a money-back guarantee
Developed by the folks at Forex Robot Trader, the Ganon Forex Robot is a fully automated and self-optimizing robot that is available for both Windows and Mac. It has two modes, the normal and the hyper. It uses a proprietary Strand Theory code base to improve its ability to identify big trends. Using this technology, the bot finds the best trading opportunities in seconds.
The best part is that the robot makes no trade decisions for you. You can customize its settings by simply clicking through the inputs window. The software is available for Windows, Linux, Mac, and Cloud. It can be used in conjunction with a demo account to check out the robot’s capabilities before you make your first live trade. You can also take advantage of the robot’s money-back guarantee.
Does not work with micro, mini, and full-size lots
Choosing the best lot size for your forex account is a matter of personal choice. Whether you trade micro lots, mini lots, or full lots, you will have to determine your risk tolerance. The size of your stop loss should also be determined based on the volatility in the market.
Generally, micro and mini lots are considered the least expensive lot sizes. They are also perfect for traders who are just starting in the forex market. If you are looking to expand your account, you may want to try out a larger lot size. The amount of leverage provided by your broker will also affect the number of lots you can trade.
Micro lot sizes are generally ideal for smaller accounts, such as those with an account balance of less than $1,000. Mini lot sizes are best suited for accounts that are between $5,000 and $10,000. If you have more capital, you may want to consider trading standard lots.