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What is MyForexPath?

MyForexPath is a cutting-edge automated Forex trading system designed to identify market trends and execute trades accordingly. It utilizes advanced algorithms and technical indicators, such as Moving Averages (MA) and Parabolic SAR, while concentrating on three major currency pairs: AUD/USD, EUR/USD, and USD/CAD. This expert advisor is tailored for compatibility with both MetaTrader 4 and MetaTrader 5 platforms, operating through four distinct trading sessions for each currency pair, which enhances the number of signals generated while ensuring their quality remains high. Moreover, it incorporates a comprehensive drawdown control mechanism with smart stop loss calculations to protect against unforeseen losses. Backtesting outcomes indicate that, under maximum risk scenarios, an initial investment of $1,000 could have potentially soared to over $11 million on the AUD/USD and EUR/USD pairs, and even surpassed $17 million on the USD/CAD pair. When applying normal risk parameters, the same initial investment could yield returns between $51,214 and $478,632 across all three currency pairs. With an impressive average win rate ranging from 65% to 70% for each trade, MyForexPath emerges as a trustworthy alternative for both beginner and seasoned traders. Its combination of sophisticated strategies and a well-documented history of success positions it as a standout option in the dynamic landscape of Forex trading, appealing to those seeking reliable and potent trading solutions.

What is Forex Truck?

Forex Truck is an autonomous trading robot that functions independently without the need for manual intervention. With its cutting-edge strategies and algorithms, it can easily integrate with any broker, eliminating the need to search for one with specific trading conditions—any broker works perfectly fine. Furthermore, Forex Truck is designed to be compatible with both MetaTrader 4 and MetaTrader 5 platforms, allowing users who purchase a single license to access both versions (MT4 and MT5) at no additional cost. The first aspect of this system is centered around executing trades by pinpointing optimal entry points while using a fixed lot size. Based on the signals generated by its algorithm, it can either execute a single order or place a second one, ensuring that every trade is continuously monitored to maximize potential profits. This remarkable level of automation and adaptability truly distinguishes Forex Truck in the trading landscape, making it an appealing choice for both novice and experienced traders alike. As a result, users can expect a more efficient trading experience with reduced manual oversight.

Media

Media

Integrations Supported

MetaTrader 4
MetaTrader 5

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

Has API

API Availability

Has API

Pricing Information

$285 one-time payment
Free Trial Offered?
Free Version

Pricing Information

$329 one-time payment
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MyForexPath

Company Website

myforexpath.com

Company Facts

Organization Name

Forex Truck

Company Website

forextruck.com

Categories and Features

Categories and Features

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