VirtualTradePad MT4 Extra – Free Download

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VirtualTradePad MT4 Extra Review

VirtualTradePad MT4 Extra is a powerful trading system designed to give traders unprecedented control over their trades. With a focus on mastering the system quickly and implementing effective risk management, this product provides the tools necessary to become a successful and profitable trader.

Version: 1.0
Terminal: MT4
Year of issue: 2023
Working pairs: Any
Recommended timeframe: Any
Minimum Deposit: $100

Best Brokers List

VirtualTradePad MT4 Extra works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
VirtualTradePad MT4 Extra - Free Download 2
Register2007
πŸ‡¦πŸ‡Ί Australia
πŸ‡¨πŸ‡Ύ Cyprus
πŸ‡§πŸ‡Έ The Bahamas
πŸ‡ΈπŸ‡Ώ Seychelles
1:1000$200ASIC, SCB, FSA
VirtualTradePad MT4 Extra - Free Download 3Register2008
πŸ‡¨πŸ‡Ύ Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
VirtualTradePad MT4 Extra - Free Download 4Register2009
πŸ‡§πŸ‡Ώ Belize
1:2000$10FSC
VirtualTradePad MT4 Extra - Free Download 5Register2009
πŸ‡§πŸ‡Ώ Belize
1:3000$1IFCS
VirtualTradePad MT4 Extra - Free Download 6Register2009
πŸ‡¨πŸ‡Ύ Cyprus
πŸ‡¦πŸ‡Ί Australia
πŸ‡§πŸ‡Ώ Belize
πŸ‡¦πŸ‡ͺ Emirates
1:1000$5 ASIC, CySEC , IFSC
VirtualTradePad MT4 Extra - Free Download 7Register2010
πŸ‡¦πŸ‡Ί Australia
1:500$200FCA , ASIC, DFSA
VirtualTradePad MT4 Extra - Free Download 8Register2011
πŸ‡¬πŸ‡§ England
1:500$25CySEC
VirtualTradePad MT4 Extra - Free Download 9Register2006
πŸ‡ͺπŸ‡­ Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

VirtualTradePad MT4 Extra Settings

VirtualTradePad MT4 Extra - Free Download 10 VirtualTradePad MT4 Extra - Free Download 11 VirtualTradePad MT4 Extra - Free Download 12 VirtualTradePad MT4 Extra - Free Download 13

Components of the System

1. FML Super Dashboard Indicator

The core tool of the system, the Super Dashboard Indicator, is divided into four major parts: Volatility, Formation, Confirmation, and Trade. This dashboard provides a comprehensive overview of the market, helping traders make informed decisions.

2. FML Super Signal Indicator

The Super Signal Indicator is the key feature, utilizing supply and demand alongside a custom swing formula to predict market turning points. "Green Arrows" signify potential upward moves, while "Red Arrows" indicate potential downward moves. Confirming turning points is crucial before entering a position, made easy with the Dashboard and Super Signal Indicator.

3. FML Expert Exhaustion Indicator

This indicator offers insight into market exhaustion during a trend. A yellow dot on the chart signals a potential shift in momentum, guiding traders on when to scale out open trades and anticipate the end of the current cycle.

4. FML Confirmation Indicators

The system includes two confirmation indicators: FML MSC and FML SSC, specifically designed for use with the Super Signal Indicator.

  • FML MSC Indicator: Combines custom MACD and MOMENTUM indicators, with a white line based on stochastic RSI. Green bars with the white line below 30 indicate bullish setups, while red bars with the white line above 70 suggest bearish setups.
  • FML SSC Indicator: A combination of Stochastic and Volume indicators, represented as a histogram. Green bars indicate bullish setups, while red bars signify bearish setups.

5. FML HiLow Stops

The HiLow Stop Indicator assists in identifying and placing initial stop-loss orders by using custom fractals to identify potential highs and lows in the market.

6. FML Channel

This component adds further depth to the system, enhancing its overall functionality.

System Rules

Long (Buy/Bullish) Trades

Step 1 β€” Trend & Volatility: Check the trend on the "FML Super Dashboard" for both the 1 Hour (H1) and 4 Hour (H4) charts. For a conservative bullish setup, both charts must display a green trend.

Step 2 β€” Formation: Click on the "Long Setups Scan Off" button under the Formation section on the Dashboard.

Step 3 β€” Confirmation: Wait for the Confirmation MSC and Confirmation SSC to display a green "Confirmed" label.

Step 4 β€” Enter The Trade: Once confirmed, use the "Setup Your Trade Button" to initiate the trade.

Conclusion

VirtualTradePad MT4 Extra empowers traders with a comprehensive set of tools and indicators, allowing for effective market analysis and strategic trading. By following the outlined rules, traders can navigate the forex market with confidence, whether opting for a conservative or aggressive approach. Mastering this system opens the door to profitable and informed trading strategies

Download VirtualTradePad MT4 Extra

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.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.