In the forex market, almost 90% of traders lose their account balance within 90 days. It is because they fall victim to the trading psychology syndrome. Trading psychology is the tendency of humans to make irrational decisions based on emotions and thoughts rather than rational analysis.
Trading psychology syndrome makes it difficult for traders to stick to a winning trading strategy. They get emotional about losing trades, which leads them to make impulsive and often risky decisions. It often results in them quickly running out of money, which ruins their entire account balance. You can use any forex auto-trading robot to avoid this kind of psychological battle when you are trading forex. We are sharing so many forex robots on this website; if you like, you can also check out QTicks Forex EA or Luxury Scalping Robot.
This forex robot is created based on the trend following the market’s moving average and price action strategy. It uses a variety of indicators to detect current trends and predict future movements. It then uses technical indicators, like moving averages and Bollinger bands, to make proactive trade decisions.
The primary purpose of this forex robot is to help you make consistent profits by following the market trends. Using various indicators, it can quickly and accurately determine which direction the market is heading in and then take appropriate actions to follow it.
This robot is also very user-friendly. You must set your parameters (trades, stop loss, and profit levels) and let it work its magic.
This forex robot is created on the MT4 platform. You can use this forex robot for any currency pair you like. We also see that the 15M and 1H timeframe works best for this forex robot.
This forex robot is safe and secure. And you do not have to worry about losing your balance. You can use this forex robot if you have $100 to $500. On the other hand, if you want to run this forex robot to your account all the time, you can also use any good VPS so that you do not miss any entry taken by this forex EA.
We all know that we cannot trade forex without a forex broker. Therefore, a low-spared ECN broker is always recommended for this forex EA. ICMarkets is at the top of our recommendation, which is a low-spread ECN and regulated broker.
We all know that profitability depends on the investment and risk parameters you can take. However, you can make 10%-20% monthly profits with the minimum risk. On the other hand, you will experience very minimum drawdown when you are using this forex robot.
Above all, you must test it on your demo account no matter how good the robot is. It would be best if you did not go straight to the real account after getting this forex robot. Then, after you get satisfactory results, you can go to a real account and make consistent profits. And do not forget money management and trading psychology when using any robot or trading manually.
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.