The forex market is controlled by the Big banks and institutions. Most of the time central banks also include algorithms moving the forex market. When any volatility or news comes into the market, the big boys know before the news comes and they have already moved the market for news trading.
On the other hand, we retail traders lose money because we do not get into the trade early. This is a losing game of the forex market. But if you are experienced enough and know how big player moves the market, you can make decent profits from the forex market.
Forex auto-trading robots are useful in the normal market. In the too volatile market, most experts do not recommend running an auto-trading robot. You can find so many forex robots for free on this website. If you like you can also check out, Moon Forex EA or Bagaceira Automatic Algorithm EA.
This forex robot is created based on the price action and market pattern strategy. This robot can easily identify the market trends and take trades according to market trends. You will also see a grid strategy also implemented to this forex robot, which is risky but profitable in the long run.
After searching EA over the last few years, we do not find anything 100% profitable. And you cannot find anything 100% as well. So, when you are using any forex robot, you can experience so drawdown and it’s normal. If you have enough capitable for trading, some drawdown is not a problem for you.
Central banks, big banks, and institutions are moving the market toward liquidity. Liquidity is money. That means they move the market to grab our little money all over the world. The Crypto market is another volatile market. Forex and crypto markets are more than a 6 trillion dollar market at present time.
If you can grab tiny moves in the market, you can make decent profits from the market. That’s why we retail trades need to test strategies and robots which makes us consistent profits.
This forex robot only works on the mt4 platform. This EA can place buy stop (limit), or sell stop (limit) orders at the same time. The robot can identify and separate the Flat, Trend, which allows for extremely accurate trade goals. No martingale strategy is used in this forex robot.
You can use this forex robot for any currency pairs you like to use. Usually, we use this forex robot to EURUSD and GBPUSD for better results. And 1H and 4H timeframes are good for this forex robot.
There are so many forex brokers you can find if you search online. Your hard-earned capitable will be safe if you use a regulated forex broker. On the other hand, the low spread of each pair can increase the accuracy of the trading. ICMarkets can be the best choice of a low spread regulated forex broker.
You can make decent profits using this forex robot. Their robot creator showed that you can double your account balance within a couple of months. But to know the real results, you have to test this forex robot to your demo account.
Do not change the setting with a higher lot size. It’s can blow up your account. And when you are trading manually follow proper money management and trading plan to secure your balance.
You can find all the free download details in the below materials.
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 balance minimum $100
Initial Lot: $0.01
Time frame: 5 minutes
Please watch this trading video after download