The foreign exchange market, commonly known as forex, plays a crucial role in the global economy. The value of currencies is closely tied to the inflation rate, the rate at which the prices of goods and services increase over time. Inflation can significantly impact the value of currencies and make it difficult for investors to predict the value of their investments in the forex market. However, with the advancements in technology and the use of sophisticated tools like Expert Advisor Software, it is now possible for investors and traders to safeguard their investments and achieve profitable returns even during times of high inflation. ForexCenten is one company making a name for itself in this field.
ForexCenten is a leading provider of expert advisor (EA) software for the forex market based in Dubai. Founded in 2019 in Rotterdam, Netherlands, ForexCenten moved all of its operations to Dubai, UAE, in 2021 and currently has a team of 11 professionals. Their EA software uses advanced algorithms to analyze the market and make trades on the user’s behalf, allowing traders to maximize profits and minimize losses in the volatile forex market. The ForexCenten Trading Bot is an integral part of this software, which has been highly profitable every single year since 2010. This performance outpaces the S&P 500 and all traditional investment options.
One of the key features of the ForexCenten Trading Bot is that it can adapt to various market conditions. The company’s trading strategy is designed to be robust enough to bear every market situation that you can imagine. This is made possible by the team’s continuous research and development and constant monitoring of the market conditions, allowing them to adjust the strategy accordingly. This is evident in the recent addition of two new pairs to be traded in the opposite direction of the original strategy that eliminates every single relatively big drawdown during the backtesting phase.
Safety is another critical aspect of ForexCenten’s strategy. The trading bot has strict stop-losses between 0.3% and 0.6% per trade, designed to protect investors’ capital. Additionally, take-profits are set between 1.8% and 3.6% per trade, providing a balance of risk and reward. This ensures that investors can make a profit without exposing themselves to undue risk.
ForexCenten also prides itself on its community aspect. They have a website and a free Telegram group where they share information, updates, and results with their followers. This allows traders to stay informed and make well-informed decisions about their trades. The community has grown over the years and now boasts over 400 active members using the ForexCenten Trading Bot. This creates an environment of mutual learning and knowledge sharing that benefits everyone. It also ensures that its members always have access to the latest and most effective trading strategy.
Forexcenten’s dedication to ongoing improvement is evident in its recent update to the trading bot, which will be launched in February 2023. This will be done automatically and free of charge for all current and new members. With its cutting-edge technology, ForexCenten is not only battling inflation but also offering its clients the ability to make a profitable trade in any market condition. Its track record of performance, commitment to ongoing improvement and safety measures, and community aspect make it a reliable and effective choice for anyone looking to make the most of their investments in today’s forex market.