There are no lose forex robots out there, but we can minimize the losses and maximize the profits. A profitable forex auto trader can be the game-changer of your entire forex business. Each and every manal and auto trading robot experience loses and we as a trader need to focus on the risk and reward ratio of the trading.
To find out minimal loss forex robots, you need to test as many forex scalping robots as possible. It’s something like practicing the manual strategy. there are no shortcuts to finding a profitable robot without testing. By the way, if you like you can test our other free forex robot, ex: Capital Trade Robot or Scalper Pro Robot.
This forex robot is created based on support and resistance strategies. This forex robot trades trade on the distribution market so that the profits can be the maximum for each trade. You know in the forex market there are three types of market stages, accumulation, manipulation, and distribution. Usually, in the distribution phase, the market moves the most and you can get more pips from the market.
This robot also places a pending order at the support and resistance points. If the pending orders do not trigger, the robot removes the pending order. Smart money content and order block strategies are also implemented to this forex robot which is an algorithm run by the market maker.
This forex robot only works on the mt4 platform. You can download any broker mt4 platform to use this forex robot. We rested this robot with the default setting. This robot and Forex Auto Scalper Robot can give us maximum results with the default setting. We recommend using VPS so that you can run the forex robot all the time.
The robot creator recommends using the GBP/USD pair. The H1 time frame works best for this forex robot. There is no forex robot without drawdown. Like manual forex strategy, more or less you will experience some drawdown when you are using any forex robot.
You can also experience a very low drawdown. There are many low spread and regulated brokers out there. icmarkets broker is our best choice as a regulated and lowest spread broker. You will find no issue with money depositing and withdrawing from this forex broker.
The profitability of this forex robot is also cool. You can easily increase your forex investment balance within a very quick time. Only testing can reveal the truth about the profitability of this robot before going to a real account. To find out real results from any forex robot we recommend testing for at least 1 month.
Research indicates that most of the auto trading robots failed because of not following proper money management and over-trading. We do not recommend changing the 0.01 lot size setting and running multiple trades at a time setting. You can win less but your account will be secure with the security setting of the robot.
You can download this forex robot from the information 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 real account
Step 6: Make Profit
** Reliable forex VPS: https://provenbinarybot.com/VPS
Recommended Settings:
Recommended balance minimum $1000
Initial Lot: $0.01
Time frame: 1 minute/1 hour
Please watch this trading video after download