Given the reported status of Etasoft, it would be wise to explore other options that are actively developed and supported by their communities. Here are a few modern alternatives to consider:
Because it exports MQ4 code, you own the strategy and can modify it later.
Based on user manuals for the 6.x version and discussions found in trading forums, the software's key features are consistent and aim to provide a comprehensive solution for automated strategy creation:
Stop Loss (SL) and Take Profit (TP) targets in pips or points. Trailing stops or break-even thresholds. 4. Export and Compile
: Simplifies adding protective Stop Loss and Take Profit levels right at the entry trigger.
: Export the MQ4 file, compile it, and test its performance in MetaTrader before live deployment. for MT5 compatibility?
Understanding this context is the first step in a thorough evaluation.
If you are looking for the "latest update" on Forex Generator 7, it is important to understand the current state of the software's development.
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