Forex Derivative 2.0
June 23, 2009 by
Filed under Products
A highly sophisticated forex software that is able to self adapt to every single market condition in order to use multiple strategies from its portfolio as required…
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What is Forex Derivative 2.0?
Forex Derivative 2.0 is an Expert Advisor designed to run on Metatrader 4 trading platform. So in order to run it properly you are going to need the latest version of Metatrader 4. If you don’t already have it installed you can download it for free at http://www.metaquotes.net/downloads.
What is an Expert Advisor?
Expert Advisor is an automated trading system written in mql4 programming language. All trading decisions are taken over automatically by the EA based on predefined set of rules.
Which currencies can I trade with Forex Derivative 2.0?
You can trade four major currency pairs such as EUR/USD, GBP/USD, USD/CAD and AUD/USD.
What timeframe do I choose?
Forex Derivative 2.0 uses information from several timeframes to calculate exit/entry points. The lowest one is M1. So in order for Forex Derivative 2.0 to run properly it needs to be put on a M1 chart. That applies for all currencies.
How much money do I need to start trading?
Depending on the broker, you can start trading with an amount as low as $100.
Do I need any specific academic background in order to be successful?
Not at all. Successful forex traders come from many different professions. Very often, people who are very successful at school or at their businesses wrongly believe that their success will be automatically translated at forex trading.
Do I need to constantly monitor the software?
No, you don’t. Expert Advisor does the trading for you.
I don’t have any experience in trading forex. Is the Forex Derivative 2.0 suitable for me?
Absolutely. All what you need to do is to install Forex Derivative 2.0 and let it run in Metatrader 4. How to do it is explained in detail in the user guide.
