In this post I will be reviewing the innovative and forward thinking 8topuz developed by an emerging fintech company who specialise in the development of artificial intelligence trading algorithms. Through 8topuz, the average trader can benefit from some advanced trading algorithms that have been applied to forex trading.
8topuz can be used via MT4 or mobile app with full support being provided by the 8topuz team. The 8topuz documentation states that the annual target of the system varies depending on your risk preference. Of course, there is always risk with trading anything so make sure you understand exactly how it works before you start and the develop will be more than happy to discuss your needs and risk limits.
8topuz Trading Strategy
8topuz was created by a team of traders and combines human knowledge with algorithmic trading systems. Thus, giving us the best of both worlds by having the advanced analysis from the algorithms which can parse huge amounts of historical and real time data in milliseconds whilst adding the human element often lacking from other more rigid Forex Robots. This is a very unique feature of the 8topuz Trading Strategy which makes it stand out from the very crowded automated forex trading marketplace.
8topuz trades the EURUSD, USDJPY, NZDUSD and XAUUSD pairs. This is a good mix of major currencies such as the EURUSD and USJPY whilst showing good diversity with the slightly more exotic NZDUSD pair and further mixing things up with GOLD added in there (XAUUSD). Other forex robots use correlating pairs which can cause duplicate losses where we would have been better off trading just one pair, 8topuz tries to avoid this potential problem with its portfolio. As always, just make sure you use a level of risk that you feel comfortable with.
The pairs used within 8topuz come from over 10 years of detailed historical analysis and the fact that they suit the modelling of the 8topuz algorithm whilst its worth considering that although back tests results should not be solely relied on, the 8topuz system has intervention from humans to ensure that it can adapt to the latest ever-changing market conditions. This human intervention can also act as a safety mechanism as the developer emphasises putting client’s protection before anything else.
8topuz trades very frequently which may suit those of you who like high octane action!
Overall, 8topuz is a unique automated trading solution with the developers themselves stating:
From my experience talking with the 8topuz team, they are very friendly and welcoming, with documentation available on the official 8topuz website and via a PDF brochure you can get upon request.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.