To make money in the forex market, you must be careful about your trade. A recent study showed that almost 97% of forex traders lose money due to three common mistakes: not using stop losses, over-trading, and Range trading. So if you want to stay profitable, you must ensure that these are avoided at all costs!
If you’re looking to invest in a prop firm, then you’re in luck. There are so many online that it can be hard to know which one to choose. To be funded on a prop firm, you need to follow their drawdown rules and not overtrade. You can also use any forex robot which can trade profitability on behalf of your account. We are sharing so many forex robots on this website. If you like, you can also check Atlantic Forex EA or Hen Forex EA.
This forex robot began when Professional Traders Justin Ortiz and Chris Ramirez saw strong demand for those wanting TRUE Passive in the EA Industry. So they decided to create software that would automate all the work for those who wanted to trade without having to do any of the research or analysis.
This forex robot starts with Market order in counter-trend, but you can change it in other strategies trend following. All the settings are open to the trader so everyone can optimize them.
This forex robot began when Professional Traders Justin Ortiz and Chris Ramirez saw strong demand for those wanting TRUE Passive in the EA Industry. So they decided to create software that would automate all the work for those who wanted to trade without doing any research or analysis.
This forex robot starts with Market order in counter-trend, but you can change it in other strategies trend following. All the settings are open to the trader so everyone can optimize them.
The downside is that it can be a bit risky since it utilizes the martingale method, sometimes even hedging. Because of this method, this EA has a very high ROI. However, if you’re comfortable with risk and are willing to take some chances, this is an excellent way to make money.
It is an MT4 forex robot. You do not need vast capital to use this forex robot. For example, if you have $100 in your account, you can start using this forex robot.
After testing, we see that this forex robot makes profits in 15 minutes and a 1-hour timeframe. And we recommend using this forex robot EURUSD, GBPUSD, AUDUSD, and US30, XAUUSD for best results.
We all know we cannot use a forex robot without a forex broker. And the forex broker must be EA-friendly. ICMarkets is one of the low-spread brokers where you can easilyeasily use any forex robot after registering.
No doubt using this forex robot can improve your trading results. However, it’s important to remember that your profits depend on lot size and risk parameters. So, while using a forex robot can give you better overall trading results, it’s essential to be mindful of how much money you’re risking each time you trade.
Above all, you must test this forex robot on your demo account as often before going to a real account. And the good news is that you can download this forex robot free from here.
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 real account
Step 6: Make Profit
** Reliable forex VPS: https://provenbinarybot.com/VPS
Recommended Settings:
Recommended balance minimum $100
Initial Lot: $0.01
Time frame: 5 minutes
Please watch this trading video after download