One plus point that i have seen in the robot is that, it is dealing in almost all the currencies. the robot is automatically loaded on 22 of 23 currency pairs. Pliz have a look at the upper left portion of the chart in the previous post. you dont need to attach the robot in each and every currency pair you like to trade. the robot chooses all the pairs and whenever there is a good signal to trade on any of the currency. it buys or sell automatically.
A minor drawback is that the robot doesnt set a take profit target while opening the trade. So one has to close it manually, so it wont be much appealing to newcomer who has a meagre amount of knowledge on opening and closing trades. Pliz remeber that closing a winning position too early is almost the same like losing. So its better to attached a bollinger band to the chart so that one can close a deal or positon when the price touch or comes near the upper or lower bands.
A minor drawback is that the robot doesnt set a take profit target while opening the trade. So one has to close it manually, so it wont be much appealing to newcomer who has a meagre amount of knowledge on opening and closing trades. Pliz remeber that closing a winning position too early is almost the same like losing. So its better to attached a bollinger band to the chart so that one can close a deal or positon when the price touch or comes near the upper or lower bands.
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