- January 8, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Titan X Forex Robot Review
The Titan X Forex Robot is a powerful trading tool designed to help traders maximize their profits in the Forex market. This robot uses a variety of advanced filters and algorithms to analyze the market and identify profitable trade opportunities.
Time Frame: 5M
Best Brokers List
The Forex EA works with any broker and any type of account, but we recommend that our clients use one of the top forex brokers listed below:
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
🇧🇸 The Bahamas
|1:1000||$200||ASIC, SCB, FSA|
|1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|1:1000||$5||ASIC, CySEC , IFSC|
|1:500||$200||FCA , ASIC, DFSA|
|1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
Titan X Forex Robot Settings
One of the key features of the Titan X Forex Robot is its use of :
- The EMA (Exponential Moving Average) filter. This filter is a trend indicator that helps traders identify the direction of the market by taking the average price of a currency pair over a certain period of time and applying a weighting factor to more recent prices. This can be useful for traders looking to enter or exit trades at key points in the market.
- In addition to the EMA filter, the Titan X Forex Robot also utilizes the Stochastic filter, which helps traders identify potential overbought or oversold conditions in the market. This is done by comparing the current price of a currency pair to its recent high and low prices and plotting the resulting value on a scale of 0 to 100.
- The Volatility filter is another important feature of the Titan X Forex Robot. This filter measures the amount of price movement in a currency pair, which can be useful for traders looking to take advantage of sudden price moves. The RSI (Relative Strength Index) filter is also included, which measures the strength of a currency pair's recent price changes and can help traders identify potential overbought or oversold conditions.
- In addition to these filters, the Titan X Forex Robot also includes the ATR (Average True Range) filter, which measures a currency pair's volatility, as well as the Bollinger filter, which uses a moving average and standard deviation to identify potential overbought or oversold conditions. The Hull Moving Average filter, which helps traders identify trend reversals, and the Parabolic SAR filter, which helps identify potential trend reversals, are also included.
- The Titan X Forex Robot also includes the MACD (Moving Average Convergence Divergence) filter, which compares the difference between two moving averages to identify potential trend reversals.
- The Reverse Mode feature allows traders to trade in the opposite direction of the current trend, which can be useful for taking advantage of potential trend reversals. The Trade Mode feature allows traders to specify whether they want to trade only on buy signals, sell signals, or both. The Max Order feature allows traders to set a maximum number of trades that the robot can make in a given period of time.
- The Stoploss feature allows traders to set a maximum loss limit for each trade, and the Risk Calculator feature helps traders determine the appropriate level of risk for their trades based on their account size and risk tolerance. The option to use Martingale, a betting strategy that involves increasing the size of a trade after a loss, is also included.
- The Opposite Signal Control feature helps traders avoid entering trades in the opposite direction of a strong trend, and the Break Even Control feature allows traders to set a profit target at which their trades will automatically close to locking in their profits. The Basket Profit feature allows traders to track the combined profit or loss of multiple trades.
- The Time Filter feature allows traders to specify the time of day that the robot can make trades, and the Grid Order Control feature with Fibonacci allows traders to set up a grid of trades at predetermined intervals using the Fibonacci sequence.
Titan X Forex Robot Results
The Titan X Forex Robot has proven to be a reliable and profitable trading tool, as demonstrated by its backtest results on the EURUSD pair and M5 timeframe. In fact, we were able to achieve a good profit using this robot. We encourage users to test out the Titan X Forex Robot on other currency pairs and timeframes to see how it performs and share their results. With its advanced filters and algorithms, the Titan X Forex Robot is a valuable addition to any trader's toolkit.
Forex Dealer EA Free Download
We highly recommend trying the Dealer EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.
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