The fully automated currency trading software known as SkyDiver v.8.11 forex robot has become very popular over the last few years. Many people passionate about the subject may be wondering how well forex robots work and whether they would be a good way to profitably trade the forex market.
Overall, the SkyDiver v.8.11 forex robot consists of algorithmic trading software that can fully automate the entire process.
It first scans the market to find forex trading setups that meet certain criteria, usually based on technical analysis. It then automatically executes forex market orders on the connected trading account.
How SkyDiver v.8.11 works
SkyDiver v.8.11 is a trading system, perfect for those users who would like to "plug and forget". The forex market operates 24 hours a day, five days a week around the world. This means that you can buy a robot that will do all the work for you at any time!
Such a system is fully autonomous and requires little or no operational intervention in its operation. Its advantages are:
- working pairs: eurusd, eurjpy, usdjpy, audusd, audjpy;
- recommended time frame - H1;
- for normal operation of the algorithms you need to use cent accounts with a leverage of 1:1000; (minimum account balance should be $100 for an active strategy, and $150 for a conservative one);
- the main profit is made from trend trade directions. The system uses "smart" averaging algorithms to deal with directions that have gone into the current minus.