Swap Alrex +300 (30) Review: Using Williams Fractals for MERVAL Index in Swap Alrex +3 Version
Updated
Introduction to Swap Alrex 30 (+3 model)
Swap Alrex +300 is a semi-automated trading platform that focuses on MERVAL Index; according to public sources, the project was recently introduced and offers traditional trading features combined with the latest automation and AI technologies.
With its automated capabilities, Swap Alrex +3 project AI algorithms empower traders to make informed investing decisions. It’s like having a personal analyst right next to you while trading the financial markets, especially with its integration with the most popular technical indicators like the Williams Fractals.
Official Swap Alrex Registration
Please note that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance will be profitable.
Key features and benefits of Swap Alrex +3
Pros
- Wide range of tradable assets
- Customizable charting tools
- Commission-free trading
- Fast execution speed
- Social trading features
Cons
- Occasional server downtime
- Limited customer support hours
- No bonus for existing users
- Limited research tools
- No interest on idle funds
*According to public sources and the platform’s website
Swap Alrex +3 Overview (Including versions 30, and +300)
Swap Alrex +3 uses the Williams Fractals indicator to trade MERVAL Index and other assets. Traders are given a signal to buy the S&P MERVAL Index when its price rises above the Williams Fractal’s previous upward arrow. Similarly, the indicator provides you with a signal to sell IMV when the price falls below the last downward arrow, it uses artificial intelligence to assess its probability of success by analysing similar patterns from the past before making a trade.
Is Swap Alrex for you?
Swap Alrex +300 and its latest 30, and Swap Alrex +3 versions are suitable for:
- Beginners who need a guiding hand in the trading world.
- Experience traders who are seeking a project that offers AI-generated insights.
- Traders focused on MERVAL Index and other major trading symbols.
- Individual investors and financial enthusiasts.
- Anyone who has a smartphone and/or computer with a high internet connection.
The financial world can be overwhelming due to its complexities, extensive fundamental data, technical jargon, and wide range of financial information and trading instruments. Swap Alrex +3 offers a solution with its robust AI system and features.
Swap Alrex +300, including versions 30, and +3 focuses on MERVAL Index:
Overview of the S&P MERVAL Index (IMV)
The S&P MERVAL Index (IMV) is a bundle of the largest, most liquid companies traded on Argentina’s Bolsas y Mercados Argentinos Exchange (BYMA). The index is a benchmark against which to measure the performance of Argentinian companies. It’s denominated in Argentina’s national currency, the Argentine Peso.
The S&P MERVAL Index has grown immensely over the past few years. While it was already growing at an impressive rate, the index exploded in June 2022, rising around 93% within three months. Over the past year, IMV has increased by 181.74%, while it has grown by 5,756% over a five-year period.
Argentina has had a notoriously volatile economy over the years, with the value of the Argentine Peso (ARS) heavily impacting the value of IMV. Inflation rates, money printing, and the disposable income of Argentinian citizens also play a vital role. Recently, Argentina’s economy has been performing well, which could provide a boost to the IMV’s value.
Do you want to learn how to trade the S&P MERVAL Index? Keep reading to find out how.
Williams Fractals on Swap Alrex +3
Overview of Williams Fractals
Aptly named after its creator, Bill Williams, the Williams Fractals indicator helps traders determine potential entry, exit, and reversal points. The indicator was one of the first to introduce the concept of fractals into trading. It’s visualized directly on the price chart as a series of green and red arrows that face upward and downward.
The Williams Fractals indicator is based on the concept of price breakthroughs. According to its creator, the indicator shows a ‘breakthrough of buyers’ when the S&P MERVAL Index’s price rises above the previous upward arrow, which produces a buy signal. Likewise, the indicator warns traders of a ‘breakthrough of sellers’, which provides them with a signal to sell IMV when the price falls below the previous downward triangle. However, Williams Fractals are known to be substantially more effective when paired with another indicator.
The Williams Fractals indicator is commonly set to a two-candle stick period. However, traders can use a five-period input to target higher time frames. It should be noted that the length of each period is determined by the chart time frame, not indicator settings. You can open a trade when the price goes above/below an arrow, but the position should be closed when the price hits the level of the second most recent arrow displaying an opposite direction to your trade.
Unfortunately, the Williams Fractals indicator experiences relatively significant lag, usually around two candles worth. As such, Williams Fractals is most effective when you use it as part of a broader strategy. That said, it produces clear signals, is easy to interpret, and has a proven track record.
Williams Fractals are an effective tool for spotting breakthroughs and potential price movements. Although signals can take a while to be displayed by the indicator, its versatility and readability make it a valuable addition to any trader’s strategy.
Previous versions of Swap Alrex 30
We reviewed the latest version of Swap Alrex 0.2 and according to the platform webpage it includes features and tools of all the following versions: Swap Alrex 2.1, and Swap Alrex i200.
FAQ
Swap Alrex simplifies trading by using algorithms to analyze markets and make trades based on your preferences. Set up your account, choose your investment strategy, and the platform handles the rest, including providing updates and insights. It’s designed to make investing easier, even if you’re not a market expert, giving you control over your financial future.
To withdraw funds from Swap Alrex, follow these steps:
- Navigate to your broker’s platform and sign in to your account.
- Select the ‘Withdraw Funds’ option and specify your desired payment method.
- Input the amount you wish to withdraw.
- Confirm your withdrawal request.
Your funds should be transferred to your account within 24 hours, allowing for a smooth and efficient withdrawal process.
Yes, Swap Alrex does provide a demo account.
Our Conclusion
Swap Alrex 30 and its latest, Swap Alrex +3 and Swap Alrex +300 versions offer an exciting mix of AI-powered insights, advanced charting capabilities, and user-friendly design, making it an excellent choice for traders at any level.
Please be aware that any types of trading involve risk and may lead to losses, you should therefore not invest funds that you cannot afford to lose. Always conduct your own research, understanding the risks, and plan your investments accordingly.