Forex trading can make you reach; however, you must be persistent and develop a high-performance trading mentality. Most of the forex traders lose money because of the get-rich-quick mentality. You cannot make quick money from the forex market. If you are familiar with the compound effect, the money-making things in the financial market work like the compound effect. When you understand the market movement with your trading strategy, you will eventually make big money after the learning period.
There are so many trading strategies you can find online, and you should master any of the trading strategies. Remember that all trading strategy works, and you should not neglect any other trades using different systems. By the way, You can use any forex robot to trade automatically to your trading account. You do not need to trade manually like a manual trading strategy. On the other hand, you will only see that your profits are growing daily. We are sharing so many forex robots on our website; if you like, you can also check out MachineGPT Forex EA or Pado Forex EA.
This forex robot was created based on the gold market. You know XAUUSD pairs are more volatile than any other forex pair, so this pair’s profitability is much higher than any other forex pair.
Usually, This trading robot is created based on support and resistance trading strategy. It’s a simple and profitable trading pattern in the forex market. This forex robot trades in the trend’s direction when the breakout happens from the support and resistance level.
This forex EA also follows the trend, so the profit ratio of this forex robot is also incredible. We all know that the market makers move the market; therefore, if we can follow the market maker’s footprint, we can profit from this forex market.
We see that this forex robot works best on the XAUUSD pair. However, you can test this forex EA on other pairs and see the results.
When you run this forex robot into your account, you will experience that it takes the calculative risk and works best in the lower time frame. It minimizes the loses and maximizes the profit position. After testing, we see this forex EA works best on the 15M timeframe.
The good news is that you do not need significant capital to use this forex robot in your account. For example, if you have $100 in your real account, you can start using this forex EA in your account. Apart from that, this forex EA also gives some drawdown; however, the drawdown is minimal compared with the profits it can generate.
Having a low-spread forex broker use this forex robot for your account would be best. After testing many brokers for the last few years, we found that ICMarkets is the best low-spread broker for EA trading. It’s also regulated, and your capital will be secure.
Although you can make consistent profits from this forex EA, we recommend testing this forex EA on your demo account before going to the real account. Then, when you are trying on your own, you will gather the proven information for yourself, and you can decide about this forex EA.
To become profitable in the long run in the forex industry, you need to follow the proper money management rules and develop a resilient trading mentality. You can find this forex EA download details below.
How to use:
Step 1: Register Zero Spread Broker: https://provenbinarybot.com/ZeroSpread
Become Funded Trader 10K-200K: https://provenbinarybot.com/ftmo
Step 2: Download the EA’s file
Step 3: Install the EA to your MT4 platform
Step 4: Run the EA to your demo account first
Step 5: After testing, if profits go to the actual account
Step 6: Make Profits
** Reliable forex VPS: https://provenbinarybot.com/VPS
Recommended Settings:
Recommended balance minimum $100
Initial Lot: $0.01
Time frame: 1 Hour
Please watch this trading video after downloading it.