Forex trading can be easier if you develop your mindset to accept losses and do not want to be perfect. No matter how good your strategy is, you cannot avoid losses in the forex market. However, experts notice that most manual forex traders are struggling with their mindset and losing their balance in the market.
On the other hand, if you can use any AI robot for the forex robot, you can skip the mental game of trading and make profits from the market. However, it would be best if you chose a profitable and secure forex expert advisor for consistent profits from the market. And we are sharing so many forex robots on the website; if you like, you can also check out Sand Forex EA or Mathematic Forex EA.
This forex robot is created based on a lower timeframe scaping and price action strategy. According to the robot strategy, the developer mentioned that you could make decent profits from the market, and your ROI would be higher.
Most forex traders lose money because big players compete against the retail trades. So the big players provide the liquidity, and the retail traders are the liquidity of the big players.
If you understand this underground consent and follow the big players, you can make decent profits from the market. This forex robot analyzes the market like the prominent market players and takes trades following the market’s liquidity providers.
Although this forex robot can give us good profits, it cannot provide a hundred percent profit from the market. Therefore, 100% profits are not possible from the market, and you will face some drawdown when using this forex robot. However, the drawdown is not more than 5%-7%.
This forex EA only works on the MT4 platform. You can download the MT4 platform from any forex robot. We recommend having at least $500-$1000 in capital to use this forex robot. Your lot size should be 0.01 initially.
Although the profits depend on the lot size you choose, you need to be safe and secure to use the smallest lot size when you start.
You can use this forex robot for any major currency pairs you like to use. For example, the developer mentioned that you could get the best results on Gold EURUSD, GBPUSD, and GBPJPY. However, you can test this forex EA other forex pairs as well.
After testing, we see that the 15M timeframe works best for this forex robot. Apart from the 15M timeframe, you can also use other timeframes for this forex robot.
A Forex broker is one of the essential elements in the forex business. We, as retail traders, cannot trade without the forex robot. ICMarkets is one of the top forex robots that is regulated and low spread.
We tested this forex robot, and we can say that this forex robot can bring 10%-20% profits each month. First, however, you must try this forex robot in your demo account and gather the data. Then, if you are okay with the profits, you can go to a real account and make good profits.
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 Profit
** 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.