Forex trading is one of the high-performance businesses. To succeed in the forex, you must have technical and mental ability. With emotional control, you can make profits from the forex market. Almost 90% of forex traders lose money because of poor mental issues with money. However, you can develop your mental ability by changing your habits and relationship with money.
Forex traders usually use manual trading strategies or robots to profit from the financial market. You also have to deal with technical and psychological factors when trading manually. On the other hand, when you use any robot, you only need to manage your money correctly. And the robot will automatically make profits for your account. We are sharing so many forex robots on our website; if you like, you can also check, Waka2 Forex EA or Hunter 69 Forex EA.
This forex robot is built based on the Envelopes, Moving averages, and Ichimoku Kinko Hyo trading strategy. After analyzing the market, this forex robot usually takes the best probable trade.
This forex robot can determine the market’s support and resistance level and identify the market trend’s momentum. After the analysis, this forex robot usually takes the trend following trade which makes this forex robot profitable.
While testing this forex robot, you will notice that it’s safe for the account, although it uses hedge or martingale sometimes. After making some profits, we recommend withdrawing your capital as soon as possible, so your account will be risk-free.
This forex EA only works on the MT4 platform. You can use this forex robot in your real account if you have a $200-$500 balance. It would be best if you started with a 0.01 lot size.
This forex robot works best on the EURUSD pairs. However, you can test other forex pairs and see if you can get great results. On the other hand, the 15M to 1H time frame works best for this forex robot.
We all know we must use any forex broker to run this forex robot. However, after testing for a long time, we see that ICMarkets is the best choice for any forex robot. And it’s a low-spread regulated broker.
Any EA profitability depends on each trade’s account capital and lot size. For example, if you use a minimum capital with a minimum lot size, you can increase your account from 10% to 25% each month.
However, you cannot find any forex robot without the drawdown. This forex robot can give a 5%-7% drawdown. You can use any forex VPS service to run this forex robot all the time.
Before running this forex robot, the essential step is to test the EA as many times as possible in the demo account. Then, after you get the testing results, you can decide whether you should run this to your live account or not.
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 balance minimum $100
Initial Lot: $0.01
Time frame: 1 Hour
Please watch this trading video after downloading it.