The MyMT4Book Software Review – Does MyMT4Book Download Really Work? Is MyMT4Book Indicator worth your time and money? Find out in my Honest Review! Is It Legit or scam?

 

 

 

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MyMT4Book Software Review

MyMT4Book is a relatively new expert advisor which claims to provide an exceptional, Japanese style Forex trading. This platform even understands flat markets, and trend identification features help you place the bets on right currencies and stocks. Here’s a review of some excellent features of MyMT4Book program.

MyMT4Book is a 100% automated program that is used to trade forex. The program is developed using forex trading signals, which it uses to determine whether to buy or/and sell currency pairs. It trades 24 hours a day, 5 days a week, by watching the forex market and executing trades when the conditions are right.

MyMT4Book System-Overview

The MyMT4Book EA is a very advanced forex trading robot that operates 24 hours a day, five days a week. The MyMT4Book program opens positions any time of the day, subject to the existing market conditions. This hands free Expert advisor (EA) makes the forex trading process 100% automated by continuously monitoring the forex market and executing trades.

MyMT4Book EA comes with a 5 Intelligent Built-in System, is NFA compatible and it also comes with free upgrades and lifetime support.

The MyMT4Book is an excellent AE that can be used well with all Metatrader4 (MT4) forex trading platforms and it is easy to install and using it is straightforward, no complicated processes and procedures. The program installs with a few clicks and once this is done the entire trading process will be automated. This MyMT4Book is so easy to operate that anyone can use it. Additionally, a comprehensive guide that shows you how to install it is available and can be accessed anytime; this will take you through the setup process. One does not need to have any forex trading knowledge to use is and it comes with a very thorough user guides and manuals.

The EA works 24 hours a day, Monday to Friday, so it allows you to trade from the time markets open to when they close and you do not even need to monitor it. It open and closes trades automatically. The robot will trade everyday as long as the trading conditions are favorable; otherwise, it waits until the conditions change.

MyMT4Book comes with no restricts on what brokers to use, any broker that uses the Met trader 4 trading platform will do.

It trades any amounts as long as the amount is within the acceptable minimum trading amount rule set by your broker. You can trade with as low as $100 but of course, it is always better to trade with bigger amounts. Trading with small amounts means trading the market in small sizes is this is usually not good.

What are the Features we will get from MyMT4Book?

Within a short period of time, this program has become extremely popular among traders. It trades on two very popular currency pairs – GBPUSD and EURUSD. These currencies pairs have the strongest trends and lowest spreads.

• The MyMT4Book program is easy to install and completely automated. You just need to install this program on your computer and monitor results. Just make sure you don’t turn off the MyMT4Book platform or computer.

• Most of the time, improper installation is the major cause for poor performance. This program does not cause any offset, i.e, difference between the GMT and time on the Met trader platform. These settings are automatically handled by MyMT4Book.

• This platform has a step of 0.1 pips. Therefore, it allows you to earn maximum profit from every deal. It also features a stealth trailing mode to allow invisible trailing. Since the advisor will store current values of SL-TP in RAM, the broker will not know about them. Most importantly, even when a broker increases the spread.

• This platform also features a Smart SL-TP trailing mode with an MyMT4Book Free platform. Thus, there are 4/5 digits brokers. The platform can automatically determine 4-5 digit broker. You don’t need any calculations. You will just have to set the required parameters in pips, and quit thinking about it.

• The best part is that every trader can upgrade the robot according to his style of trading. The developers have offered many different settings in the main menu. Moreover, you can start up with a small capital. Even $100 will be sufficient to use the robot.

• Traders can also control the exact time of the trade, and prohibit opening of orders on Friday. It is also possible to set price levels, and prohibit some actions in certain situations. This platform can be used by both beginner and advanced traders. Installation will take only 5 minutes, and you will be able to start earning profits instantly.

Advantages

MyMT4Book offers numerous features, and makes trading a lot easier for you. Here are some key benefits of using this platform:

• Maximum Efforts – MyMT4Book makes maximum sincere efforts to help protect your pips and yourself. As mentioned earlier, it offers 0.1 pips step, and allows you to make maximum profits from every trade.

• The current stop loss values are properly stored in the advisor’s online storage. Thus, the broker can never know about them. The movement of hidden stop loss is also reflected on the terminal’s price diagram. Real broker’s stop loss is reduced to a zero. MyMT4Book helps you avoid any losses in case of connectivity problems.

• Focuses on Popular Currency Pairs – Forex Smart Pips Robot deals in the two extremely popular currency pairs. Most importantly, these pairs have the strongest trends and lowest spreads. Since you can trail minimum/maximum trailing of previous bar, you’re able to get more pips at durable trends.

• This is because the low of your current bar will not go below the low of the previous bar for a long time. The same is true for Sell. If your broker increases the spread, the Robot won’t lead to an unprofitable order. Although a fixed lot is set as custom, you can still set the lot’s range. Depending on the estimated profit, the advisor can identify the lot’s accurate size for every deal.

• Dynamic System – MyMT4Book has been carefully developed with a very dynamic system. It can easily catch various trends, and close orders to the end of the day. This is the primary reason why the vendor released the M30. This time-frame is not subject to a lot of market fluctuations. However, it is more dynamic and sensitive with respect to H4 and H1.

• Works with Meta Trader 4 – Forex Smart Pips Robot has been specifically designed to work well with the Meta Trader 4 platform. MyMT4Book can automatically detect 4-5 digit brokers. Therefore, you don’t need to make any calculations. You just have to put the exact number of pips, and the robot will handle everything else. However, you need to be careful and examine the approach of the broker’s selection.

Disadvantages

• Just like every trading platform, even this one has some drawbacks. Fortunately, the benefits of MyMT4Book’s benefits outweigh the risks and drawbacks. However, it is still important to assess these minor drawbacks to make an informed choice.

• First of all, Forex Smart Pips Robot is relatively a new platform. The company is yet to gain credibility in the market. However, most traders who’ve used this platform consider it to be effective and efficient. Traders believe that the Forex Smart Pips Robot is worth the price.

• Like other trading platforms, even this one does not guarantee any results. It is important to understand that there’s nothing certain in the trading market. Trends are constantly changing and you may incur losses with almost every platform. However, Forex Smart Pips Robot can be an effective way to reduce the risk, and maximize returns. Put simply, if this trading platform is not for you, there’s plenty more to choose from. Just head over to Day Trade Review to look at some more reviews of trading platforms that you may be interested in.

 

Conclusion

According to most traders, Forex Smart Pips Robot is one of the most effective trading platforms available in the market. One of the main characteristics of this platform is stability. This is not a one-time win, but a source of steady income. Most importantly, this product has been designed with a high level of protection.

The developers of this platform did not focus on making a lot of trades. They were more focused on the quality of trades. MyMT4Book platform combines quality signals of multi-protection pips, broker protection and four indicators into a single, powerful platform.

Regardless of the capital you want to invest, this is a universal system which works great on mini, standard and micro accounts. Since the two currencies being dealt with have tight spreads and best conditions with any broker, the end result will be success. With the MyMT4Book, you will be able to maximize your profits.

 

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