Forex trading is a financial market where investors buy and sell currencies to make a profit. Currency values are constantly moving up and down, so traders need to be able to predict these movements to make profitable investments.
Traders use indicators to help them make predictions, and they also use strategies based on their preferences and risk tolerance. Though it can be challenging to learn how to do forex trading on your own, there are plenty of EA available online that will take trades without the human touch. We are sharing so many forex robots on this website for free; If you like, you can take a look Indigo Forex Scalper EA or Pips Safe Forex EA.
This forex robot uses a combination of martingale and hedging to trade, which means that it will always be able to make profits no matter what happens in the market. The Parabolic SAR indicator is used to identify potential opportunities in the market, while the Moving Average indicator helps protect your investment against sudden movements in price.
This forex robot has several other features that can help you make money. For example, it has a stop-loss function that automatically closes out your trades if they reach a predetermined value. And it also has a buy/sell range limit so that you don’t overextend yourself.
This forex robot only works on the MT4 platform. Therefore, this forex robot works best on EURUSD and XAUUSD pairs. On the other hand, you can use this forex robot if you have $500 in your account.
After testing, we see that this forex robot works best on 5M and 1H. You can also test other timeframes if you like to test. We also recommend any forex VPS to run any forex robot all the time.
This forex robot works best on the low-spread broker. Apart from that, you have to use a regulated broker to secure your account balance. ICMarkets is the best broker as a low-spread and regulated broker out there.
This Forex robot is claimed to be reliable and generate around 40%(average) monthly profit. However, the lot size will still affect how much profit you can make.
However, there’s always a chance that your account can be blown if you’re not careful. It is because Forex robots are not immune to market volatility. It means that they may make enormous profits one day, only to lose everything the next day due to sudden changes in the market prices. So, you must withdraw investments regularly, so your account remains healthy and protected against potential losses.
You will face very minimal drawdown when you test this forex robot on your account. And please follow the proper money and trade management while you are trading manually or using the robot. You can download this forex robot for free form the 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 real account
Step 6: Make Profit
** Reliable forex VPS: https://provenbinarybot.com/VPS
Recommended balance minimum $100
Initial Lot: $0.01
Time frame: 5 minutes
Please watch this trading video after download