Neurotron EA MT4 FREE Download
Neurotron EA is an MT4 FREE download EA that trades at the opening of the London session, using a blend of classic indicators for market analysis. While it also claims to incorporate neural network analysis and artificial intelligence, these statements are most likely false. This article aims to provide a balanced view of Neurotron EA’s features and functionality.
Neurotron purports to be designed to exploit opportunities at the opening of the London trading session. This period is known for higher volatility, making it a prime window for catching early price reversals.
The EA uses two well-known indicators:
Commodity Channel Index (CCI): Generally used to identify overbought and oversold conditions, offering potential reversal signals.
Bollinger Bands: These are employed to measure market volatility and provide relative definitions of high and low prices.
Trading Mechanics of Neurotron EA
Multiple Trades per Signal Cycle
Neurotron EA MT4 can open up to 7 trades per signal cycle for each currency pair, thereby aiming to maximize profit opportunities. However, initiating multiple trades also involves its own set of risks and should be considered carefully.
Safety Measures: Individual Stop Loss
Each trade generated by Neurotron comes with an individual stop loss. The purpose is to contain losses on any single trade, making the strategy seem relatively safe on the surface.
Performance Metrics
Neurotron’s marketing material suggests a high win rate attributed to its blend of indicators and claimed artificial intelligence. However, such claims should be met with caution. As always, performing independent backtesting and forward testing is crucial to evaluate these assertions.
Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Neurotron Robot works, then only use it in a real account.
Minimum account balance of 500$.
Work Best on GBPUSD, EURCHF, and set files are given for the two pairs. (Work on any currency pair)
Work Best on M15.
This Neurotron EA should work on VPS continuously to reach stable results. So we recommend running this MT4 FREE Download on a reliable VPS
The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker
The product marketing for Neurotron EA MT4 also includes mention of neural network analysis and artificial intelligence as part of its decision-making algorithm. While these buzzwords may capture attention, it’s essential for potential users to validate the effective implementation of such advanced technologies. The presence of neural network technology and artificial intelligence in a trading system would require substantial computational resources and robust data sets for training, which are not clearly outlined in the product’s literature.
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