In this modern world, everything will be automated and will be automatic shortly. Forex business can also be automatic with forex EA. In a word, yes, forex can be profitable with EA or expert advisors. However, you must create or pick up a suitable trading AI that can read the market and take trades.
When any AI robot takes trades, it also selects the target profits and stop-loses. Although no robot can be compared to the human brain in the forex industry, any good AI robot can be profitable and grow your account. We are going to share today’s forex robot for free. You can also check out other robots, for example, AGT Forex EA or Island Forex EA.
This forex robot is designed based on the most complex and perfect market conditions. Therefore, it can quickly identify the market pattern and significant money movement to trade accordingly.
This forex robot usually breaks down the support and resistance level. When you use it, you will see that this forex robot usually takes many trades. This feature maximizes profits in trending market conditions.
This forex robot usually uses pending orders before the significant market opens a day. As a result, trading stops and shot targets make this forex robot high in the winning ratio.
It does not use dangerous trading methods like martingale or grid. All the trades are always protected with the stops and take profits. Therefore, this forex robot is much more secure, and you do not have to worry about losing your account balance.
This forex robot only works on the MT4 platform. When using this forex robot, you must use a 15M timeframe for the best results. All the scalping robots work best in the lower time frame.
Apart from all the above, you can use this forex robot for any major currency pair. After testing, we see that EURUSD and USDJPY pairs work best for this forex robot. However, you can test other forex currency pairs for this forex robot.
All retail traders need to use any forex broker for trading. However, when you choose any forex broker, you need to choose a regulated and low spared ECN broker for AI robot trading. ICMarkets is one of the perfect choices for AI robot traders.
You will face some drawdown when you use this forex robot to your account. However, you do not need a huge capital to use this forex robot. For example, if you have $100, you can make good profits regularly.
Using this forex robot, you can make 10% to 15% of profits monthly. Of course, any forex VPS is required to run this forex robot all the time.
However, you need to backtest this forex robot and test it on a live demo account. After trying, you will find the actual data of this forex robot, and you can make the decision accordingly. AI trading can be life-changing if you can find what works for you.
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 real account
Step 6: Make Profit
** Reliable forex VPS: https://provenbinarybot.com/VPS
Recommended Settings:
Recommended balance minimum $100
Initial Lot: $0.01
Time frame: 5 minutes
Please watch this trading video after download