Usually, the forex trading journey starts with finding the right trading system to trading tools. If you have any trading system which gives you consistent profits, you can make decent profits trading forex. It’s a painful route; only patient traders with a proper trading mindset can survive on this path. Even the most profitable traders sometimes lose; you must accept the loss to make big profits from the market. Money will follow if you can embrace the challenge and focus on the process.
Apart from the manual trading system, You can also test the auto-trading system if you do not want to master any trading strategy which takes so much time. When using any auto trading system, you do not need to analyze the market manually and worry about trading execution. Instead, the robot will analyze the market and take trades. We are sharing so many Forex robots on our website. If you like, you can also check First Storm Forex EA or Max Profits Forex EA.
This forex robot is created based on pure market structure and price action. This forex robot usually analyzes the market and takes only higher probability trades from the tending market.
We all know that if you take trades on the trending market, your winning rate will be much higher than before. So, this trading robot is safe, and your account will not lose quickly, although a slightly safe grid trading strategy is also used for this deriv bot.
This forex robot identifies the market volatility and defines the market structure to enter any trade. This forex robot enters trade with proper stop losses and takes profits. We all know you can profit from the market if you follow the volatility or market maker footprint.
This forex robot also decides to execute trades on specific market conditions. We recommend monitoring the market and forex robot performance from time to time. And make sure the robot is working OK. We all know that no trading system is perfect, and you will also get some drawdown when using this forex robot; however, it’s at most 5-6 %.
You can start using this Forex robot if you have $500 to $1000 in your account. We recommend at least $1000 in your account. And your trading lot must be 0.01.
You can use this forex robot for all the major currency pairs; however, the EURUSD pair works best for this forex robot. And 15M to 1H timeframe is perfect for this forex robot.
All forex traders need to have a broker to trade forex. When you are using any forex robot, you need a low-spread broker. ICMarkets is a perfect broker for this forex robot and even for manual trading systems.
Although this forex robot can give you 20%-25% profits each month, we recommend testing this forex robot or backtesting this forex robot to your demo account before going to the real account. Testing is necessary, whether it’s a trading strategy or a robot. Lastly, remember money management and market behavior monitoring.
You can find the download details of this Forex EA 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 balance minimum $100
Initial Lot: $0.01
Time frame: 1 Hour
Please watch this trading video after downloading it