ALPHA RARE FOREX bot – review
This is quite a good trading robot that shows excellent results not only on tests, but also on myFXbook monitoring. Meet ALPHA RARE FOREX BOT FREE Download! Let’s describe its trading strategy, technical characteristics and other important information about this FOREX BOT.
ALPHA RARE FOREX BOT Trading Strategy
So, the ALPHA RARE FOREX robot strategy is scalping price impulses during a price reversal on a trend chart. The Expert Advisor uses several accurate technical indicators and analyzes a trading asset on several timeframes at once. Determines the global trend on H4, looks for confirmation of this trend on H1, waits for the quotes on M15 to make a correction against the direction of the global trend and determines the best level for trading on the M5 chart. As a result, the ADVISER makes a profit in more than 85% of cases.
Given that the most pronounced market trend is observed during the beginning of the American session (the second half of the European trading session), this robot is most active at this time.
Evaluate the profitability of this trading advisor yourself – FOREX BOT FREE Download shows such a profitability chart, from which any trader will immediately want to buy it:
Technical characteristics of ALPHA FOREX robot
This Forex bot works exclusively on the M5 timeframe. That is, it is necessary to install it on this particular quotation chart. Although, as we wrote above, ALPHA RARE bot analyzes the dynamics of price movement on several timeframes at once.
To trade with this Forex bot, you can use assets such as EURUSD, GBPUSD, GBPUSD, EURGBP, EURCAD, AUDCAD and XAUUSD (developers recommend using ALPHA RARE bot on these assets). Although, it is written on the website of the sale of this robot that the adviser can work on other currency pairs. In the screenshot below you can see what results this Forex bot achieves on the recommended currency pairs:
It is very strange, but contrary to the promises and recommendations of the developer that the Expert Advisor will work well on such currency pairs as EURUSD, GBPUSD, GBPAUD, EURGBP, EURCAD, AUDCAD and XAUUSD, in reality, according to MyFX book monitoring, this Forex bot shows good performance only on XAUUSD. This suggests that the developer is not sincere or it is monitoring from another trading robot!
If you want really cool Forex bots, then choose these:
To use this robot, you will need a leverage of 1:100.
As indicated on the ALPHA RARE bot for Forex sale website, to start using this robot, you need to top up your trading account by only $ 100. And this confirms the promise that this Forex bot will not bring you a big drawdown. After all, he does not use dangerous money management methods and you do not need to have a large account to trade.
Bot for Forex ALPHA RARE does not use dangerous money management methods. Thus, if you are afraid of a martingale or a grid, then they do not apply in this Forex bot. And this is great, because otherwise, if you start using this Forex software, you may lose your money!
From the point of view of trading security, ALPHA RARE FOREX software uses a Stop Loss order for each trade. Also, the Expert Advisor sets Take Profit levels, which allow you to fix a profit at a distance that quotes reach in 85% of cases.
Of course, this scalping robot does not wait for quotes to travel a long distance. He scalps, which means he takes a small number of profit points. It doesn’t do this very often, but quite aptly (we wrote above that out of the total number of transactions ALPHA RARE FOREX bot makes a profit in 85% of cases).
We will not post a link to download ALPHA RARE FOREX BOT FREE Download on this page. Because it will violate the intellectual rights of the developer. Moreover, the cost of this robot is $ 500. This is not much, considering the profitability chart of this bot. You don’t need ALPHA RARE FOREX BOT FREE Download. Buy it on the developer’s website and make a profit using licensed software! We say this without advertising, but simply respecting the rights of the ALPHA RARE FOREX BOT developer.
Which broker is needed to use ALPHA RARE FOREX BOT
And now one of the most important factors is choosing the right broker so that your instance of ALPHA FOREX BOT gives you maximum profit and its trading results correspond to the monitoring of this bot, which is conducted on MyFXbook. So, in order for you to get maximum profitability, choose a brokerage company ICMarkets. This broker is a benchmark of high quality – it executes transactions instantly quickly, can offer you a leverage of 1:500 (this will be ideal for using ALPHA FOREX BOT for Forex) and most importantly will provide you with trading accounts with an ultra-narrow spread (this is extremely necessary for scalping!).
