CloveriX Expert Advisor

FX Banking, Inc. ❘ Freeware

CloveriX is a scalping Expert Advisor that runs on a 15 minute chart of the EUR/CHF & EUR/GBP. Taking high probability scalping and day trades with small stoploss resulting in a smooth equity curve and little drawdown. Virtually every trade is closed the same day with no open positions lingering for days. The aim is for many small but consistent gains, to build capital in a steady and reliable way. So lets scalp together in the forex market and make money !!! Average Pips per Week: 17 (Gross Pips: 906) Average Equity per Week: 4% (Gross Equity: 737.66%) Maximum Equity used: 1.08% (2010 September 2, 22:20) Test started: 08-26-2009 (Running 54.2 weeks) Last Updated: 11 min ago Test Log: 02.02.2010 Developers team replaced Demo test to ICMTrading broker... Old 28.2 weeks TadawulFx Demo Test results 3.71% weekly (Gross Equity: 179.24%) you can see in drop-down menu

Overview

CloveriX Expert Advisor is a Freeware software in the category Business developed by FX Banking, Inc..

The latest version of CloveriX Expert Advisor is currently unknown. It was initially added to our database on 06/18/2012.

CloveriX Expert Advisor runs on the following operating systems: Windows.

CloveriX Expert Advisor has not been rated by our users yet.

Pros

Automated trading strategy that requires minimal user intervention.
Supports multiple currency pairs and trading styles, enhancing flexibility.
Provides real-time performance tracking for better decision-making.
User-friendly interface suitable for both novice and experienced traders.
Regular updates and improvements from the developers to enhance performance and stability.

Cons

High reliance on market conditions; performance may vary significantly during volatile periods.
Potential for losses due to automated trading without proper risk management settings.
Limited customization options for advanced users looking for more control over strategies.
Requires a certain level of technical understanding to set up properly.
Can incur additional costs related to subscription or usage fees, depending on the package chosen.

FAQ

What is CloveriX Expert Advisor?

CloveriX Expert Advisor is an automated trading system developed by FX Banking, Inc. It is designed to trade on the foreign exchange market using predefined algorithms.

How does CloveriX Expert Advisor work?

CloveriX Expert Advisor operates based on a set of programmed rules and parameters. It automatically executes trades on behalf of the user according to these predefined criteria.

Is CloveriX Expert Advisor suitable for beginners?

While CloveriX Expert Advisor can be used by beginners, it is recommended that users have a basic understanding of forex trading concepts and strategies to effectively utilize the tool.

What currency pairs does CloveriX Expert Advisor trade?

CloveriX Expert Advisor can trade a variety of currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as other popular pairs in the forex market.

Can users customize the trading parameters of CloveriX Expert Advisor?

Yes, users can adjust and customize the trading parameters of CloveriX Expert Advisor to suit their preferences and risk tolerance levels.

Does CloveriX Expert Advisor guarantee profits?

No automated trading system, including CloveriX Expert Advisor, can guarantee profits. Users should be aware of the inherent risks involved in forex trading.

Is there a demo version of CloveriX Expert Advisor available?

Yes, FX Banking, Inc. may offer a demo version of CloveriX Expert Advisor for users to test the system's functionality and performance in a simulated trading environment.

What support options are available for users of CloveriX Expert Advisor?

FX Banking, Inc. typically provides technical support and assistance to users of CloveriX Expert Advisor through email, online resources, and possibly live chat or phone support.

Are there any monthly fees associated with using CloveriX Expert Advisor?

Users may need to pay a one-time or recurring licensing fee to use CloveriX Expert Advisor. It's recommended to check with FX Banking, Inc. for the current pricing and fee structure.

Can users use CloveriX Expert Advisor on multiple trading accounts?

Depending on the license agreement, users may be able to use CloveriX Expert Advisor on multiple trading accounts simultaneously. It's important to clarify this with FX Banking, Inc.

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