- September 13, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Forex TradePanel Review
In the fast-paced world of foreign exchange, traders are always on the lookout for tools that can streamline their strategies and automate their trades. One such tool making waves lately is the "Forex TradePanel," an Expert Advisor (EA) crafted by the seasoned developer Riki Romansyah. But as with all cutting-edge technologies, the Forex TradePanel is still in its development stage and requires careful testing.
Understanding the Forex TradePanel
The Forex TradePanel is not your typical EA. It comes equipped with the power to open new charts directly from its interface, with the desired template and timeframe. This button feature brings in an unprecedented level of convenience, making chart analysis quick and efficient.
Furthermore, Romansyah, with his witty style, hints at a future feature to cater to multiple currency pairs. A bold statement in 2023, suggests that trading or creating an EA for just a single pair might be an outdated practice.
Best Brokers List
Forex Trade Panel works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Trading with the Forex TradePanel
Romansyah places strong emphasis on the importance of demo testing. Before deploying it on a Live account, traders must be aware of the associated risks. The software is under development, which means there are still potential hitches that need ironing out.
Updates roll out frequently. Just in September 2023, two updates were announced. The first saw the inclusion of the "Close All" feature and the "Terminal Trade Monitor." The second introduced a feature specific to the "XAUUSD" – a favorite among many forex traders.
Forex Trade Panel Results
Final Thoughts
The Forex Trade Panel promises to be a robust tool, with its developer, Riki Romansyah, keen on continuous improvement. It's more than just software; it's a weapon in the arsenal of a forex trader. However, Romansyah is quick to remind traders that while having sophisticated tools is essential, it's equally crucial to manage one's own desires and ambitions in the market.
In the words of Riki Romansyah, "ini hanya senjata tempur kalau mau sukses bukan hanya senjatanya yang di upgarade tapi hawa napsu kita juga harus di benahi."
To all aspiring forex traders and enthusiasts, keep practicing, keep coding, and always approach the market with respect and humility. Salam Hormat!
Download Forex TradePanel
Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.
Disclaimer: All trading involves risks. It's essential to do your own research and consider seeking advice from a licensed financial advisor before making any trading decisions.