4EX Trader PRO is a PRO Trading System that offers a suite of features designed to cater to both novices and seasoned traders alike. This article delves into the key aspects of 4EX TRADER PRO, examining its functionalities, trading modes, and features.
The 4EX TRADER PRO is crafted to identify both major and minor market trends. It boasts a combination of ease of use and “powerful trading technology” aimed at facilitating traders to capitalize on accurate market predictions. The platform’s user-friendly design is highlighted as an advantage, purportedly making it accessible to Forex beginners without compromising on the depth needed by more experienced traders.
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At its core, this PRO Trading System is equipped with a range of features and tools designed to simplify the trading process. It incorporates four distinct trading modes tailored to support various trading strategies, including scalping and capturing multiple trades from a single market swing. This flexibility is crucial for traders adapting their approaches to changing market conditions.
The system also introduces a three-alert feature, ensuring traders are promptly notified of new signals. This is particularly emphasized for its role in helping traders not to miss potentially profitable trading opportunities.
- Standard MT4 pop-ups with sound.
- Email notifications.
- Push notifications for mobile devices.
4EX Trader Pro is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.
PRO Trading System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
Main Chart of the 4EX Trader pro
- Pairs Analyzer is used to analyze market trends across different pairs.
- Dashboard Info offers basic data such as pair, spread, and range.
Pairs Analyzer
A standout component of the 4EX TRADER PRO is the Pairs Analyzer. This tool offers a comprehensive overview of market trends, identifying the strongest and weakest pairs for buying and selling, respectively. It also provides insights into pairs that are currently ranging, offering no clear direction, which can be invaluable for traders looking to make informed decisions.
This PRO Trading System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1-minute through to the 1-month charts.
It is straightforward to use even by complete forex beginners. You don’t have to be a professional to use it. Just load one of 4 different Templates to your chart.
- 4EX SCALPING – Provides fastest signals with increased risk and also increased profit potential. Use it for scalping).
- 4EX DAYTRADING 1 – Provides balanced and stable signals. Perfect for most traders. Use it for typical day trading or swing trading.
- 4EX DAYTRADING 2 – Provides faster day trading signals. It’s also very versatile and can be used by most traders. Use it for typical day trading or swing trading.
- 4EX SWINGTRADING – Provides slower but more filtered signals. This mode is recommended for swing/position traders or simply for traders who do not have much time to check the charts.
Trading rules for this PRO Trading System
Remember to tighten your stop losses around high-impact news releases or avoid trading at least 15 minutes before and after these events when using this PRO Trading System.
As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility conditions, beyond major sessions, exotic currency pairs, wider spread, etc.
4EX TRADER PRO’s approach to trading signals is straightforward. It uses visual cues (white arrows for sell markets and blue arrows for buy markets) to indicate trading signals. The system distinguishes between main signals and additional signals, providing traders with nuanced insights into market movements. This method is designed to be intuitive, with the color and size of arrows indicating the nature and strength of the signal.
For risk management, the platform advises on strategic placement of stop losses and takes profits based on market velocity and the direction of trades. This guidance is crucial for traders aiming to balance potential gains with the need to mitigate losses.
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