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The strategy itself for the Forex profit cheetah is not explained very well. One of my main concerns I mentioned earlier and that is that it may be hard to understand how the system works and how to use it because of the poor English skills. If you something you would like to add to this review please leave your comments below. I appreciate hearing from you and hope that you gain some knowledge from this review. I agree with you. I have tried the system and there is no clear instructions on how to use it or how it work?
Your email address will not be published. This site uses Akismet to reduce spam. Learn how your comment data is processed. Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term.
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Forex Advisor Gepard 7 independently analyzes the market, determines the most favorable entry points, monitors the overall condition of the portfolio, combines various instruments and trading strategies, controls risks and hedges positions. Advisor Cheetah is versatile, multifunctional currency robot, who chooses trading tactics and instruments depending on the current state of affairs in the foreign exchange market. The unique and very complex algorithm of the advisor's work opens up a huge number of possibilities, which it is practically impossible for an ordinary trader to independently track.
The EA works on the basis of standardized protocols, automatically detects the type of brokerage quotes 4 or 5 signs and adapts to these conditions, what makes the cheetah advisor appropriate for various brokerage companies. An experienced team of currency traders and programmers was involved in the development of the Cheetah advisor.
In the project of the team, the task was to build a universal trading advisor, with which they coped perfectly. The robot uses several dozen Forex indicators and several trading strategies, which allows you to generate profits in a wide variety of areas and stages of the market. Given the variety of possibilities, Adviser Cheetah 7 also has a huge number of settings, which should be studied for effective management of a trading robot. Periodically, roughly once a year, developers release an update to the advisor , which exclude some errors, complement minor functionality and, if possible, upgrade the control system.
However, significant differences between versions, especially the latest advisor Gepard is not observed, so if you are using the 7th series of the advisor, there is no special need to switch to the Forex advisor Gepard 8. Some versions of the Gepard advisor can be downloaded for free, others are sold and are available in free form only for demo accounts.
Thanks to trading in multiple directions, The cheetah does not get stuck, accompanying one open position, and works in parallel with other instruments. This compensates for risks and reduces the likelihood of a significant drawdown to zero.. Gepard Advisor is a multicurrency Expert Advisor - a mechanical trading system. Latest current version - 5. Interesting, which is more popular not advisor to Gepard 5.
Despite the assurances of many distributors of any of the versions Cheetah , that such downloaded copies are defective - this is no more, than the desire to stop downloading the advisor for free and sell it, making money on this. In this article, we will consider exactly the version 3. Initial settings adviser Cheetah allow you to work with several major currency pairs, but you can set up trading and contracts, and precious metals. According to the assurances of the developers, Cheetah makes a complete analysis of the current market situation and makes informed decisions, diversifying open positions.
Working with different tools, the advisor reduces the risks of the total trading portfolio due to hedging. Advisor Cheetah is not a scalper and does not cause conflicts when working with reliable brokers. Considering the ability to simultaneously work with several instruments, the profitability of Cheetah is several times higher, than many single-currency MTS.
But the profitability will be corresponding. The default settings prevent the Gepard EA from closing unprofitable positions on its own, the expert will wait for them to reach profit, at the same time determining the possibilities of opening in the opposite direction for a given currency pair. Developers' claims look very promising. Now let's take a look at the trader's subjective opinion. Is considered, what test the expert on history won't work, since the strategy tester only works with one currency pair, and Cheetah is a multicurrency advisor.
But it's not like that, after all, you can make a test on one instrument too, then on the next, etc.. The result will always be the same - robot closes many trades with profit, at the same time, a loss is accumulating on an open trade, which at the end of the test period often exceeds the profit received on closed trades. Considering mostly negative swaps - as a result, we get an unambiguous drain loss deposit.
Many people recommend closing losing positions manually after analyzing the market and determining, that the price won't come back. But why then speak, that the advisor is automatic? Understandably, that Cheetah cannot carry out fundamental market analysis, therefore, it is advised to close losses yourself. Why is the Gepard advisor so popular on the web??
Firstly, it allows you to quickly make a profit on the account. At the same time, they often close their eyes to losses on open positions.. Secondly, an expert is often advertised by unscrupulous people, earning on spread from positions, closed by Cheetah. That fact, that you will not make a profit, and in the worst case, you will merge the deposit, they don't care much.
And on the contrary, by reading a certain strategy on our website, you can test it on a demo or roughly evaluate it on history, and only after that work on "live" money. The difference in approach is obvious. Cheetah is definitely not worth getting in touch with.. There are many really profitable strategies and even advisors. Remember, that the profitability of trading very much depends on your chosen broker! Many traders practice using several different strategies on one account at the same time.
In addition, applying multiple assets. This principle has become available at the system level. Thanks to him, any professional exchange specialist can take advantage of all its functional features and tools for trading not only on currency pairs, but also metals. A distinctive feature of the software is multicurrency. Before, how to conclude a deal, a trading robot analyzes all available assets and selects the one, the dynamics of which is the most active.
After the procedure for opening orders, he finds a suitable instrument or several for hedging risks. I have tried the system and there is no clear instructions on how to use it or how it work? Your email address will not be published. This site uses Akismet to reduce spam. Learn how your comment data is processed. Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term.
Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested. Tim December 7, at pm. John November 3, at pm. Leave a Reply Cancel reply Your email address will not be published. All rights reserved.