Because of the lack of tests and practice, 90% of forex trader loses money within the first 4-5 months. 50% of the trade lost money because of greediness and over-trading. As a beginner, you may understand that the manual trading strategy is not easy to implement in a quick time. You can give some time to understand the forex strategy or test trading systems and robots.
Forex robot can be an easy choice where you do not need to involve all-day trading which is taken on behalf of your trading account. To find out a profitable forex trading robot, you need to test as many forex robots as you can. We are sharing so many forex robots on this website you can check. You can start checking with Shark Profits Robot or Hedging EA.
Today’s forex EA is created based on the Fibonacci retracements and extensions plus Price Actions. This robot developer claimed that he used a machine learning technique that safeguards the trading and balance of the account.
Fibonacci retracements are created based on the golden ratio theory. You can see the golden ratio the nature and the outside environment. Even you can find the golden ratio in our body parts. That’s why it’s a powerful tool in the forex market. the market also moves with the golden ratio may time. The golden ration number is 0.618.
This forex robot uses the martingale technique. But unlike most of the martingale robots, this EA doesn’t place random entries, rather it uses Price Action plus Fibonacci and advances Machine Learning techniques.
Your capital will be secure when you are using this forex robot. Unique Fibonacci and other complex trading strategies inside this forex robot make this forex robot profitable over time. You can also check another strong strategy forex robot, Prime Scalping EA.
This robot is only compatible with the mt4 platform. You can use any time frame, but we are getting good results in the H1 time frame. All the major currency pairs work well for this forex robot.
You can start with $500 using this forex robot. Do not use a higher lot size when you are using this forex robot initially. Money management is the essential part. You can gain less, but your first priority is to safeguard your trading capital.
This forex robot is compatible with any forex broker you love to use. We always recommend using a low spread broker. ICMarkets can be the perfect choice of the low spread broker which is also a regulated broker.
The profitability of this forex robot is kinda cool. Developers claim a Monthly profit of 40%-80% of the initial capital. But who knows without testing!
You need to run this forex robot to your demo mt4 account for a few days or weeks. After you are getting results, you can decide by yourself whether it’s a profitable forex robot or not. After that, you can go to a real account to make profits using this forex robot.
You can find the free download link button 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 Forex Indicator or forex system
Step 3: Install the Indicator to your MT4 platform
Step 4: Run the Indicator to your demo account first
Step 5: Do some trade to your demo account according to the forex system or indicators
Step 6: Go to real account and apply the proven system
Step 7: Make Profit
Recommended balance minimum $500
Initial Lot: $0.01
Time frame: 1 hour/4 hour
Please watch this trading video after download