Statistics show that 95% of new forex traders lose money in the market. All the money goes to big institutions and banks. You know forex trading is a zero-sum game. So, if anyone loses money, someone makes money on the other side. If you want to get rid of the losing stake you need to trade with big boys not again big boys.
Forex auto trading opportunity can be a good choice if you do not want to trade manually. You know, to become a profitable forex trader, you have to spend a lot of time and practice in the chart. And most of the traders do not want to do it, so forex robots can be a good choice for them. If you like you can also check out other forex robots for free, for example, Bagaceira Automatic Algorithm EA or High Gain Robot.
This forex robot is created based on the breakout structure of the market. This forex robot calculates the mathematical algorithm of the market and identifies the best possible trades. After breaking through the maximum or minimum level of the structure this forex robot enters the market.
Most of the time market moves by the algorithm. Just think for a while that big institutions and banks created an algorithm for the market and we retail traders lose money because we trade against the algorithm. They use machines and we use the human brain. This is the harsh reality.
This forex robot uses the algorithm data from the market and identifies the accumulation or distribution of the market to enter into the trade. If you do not know accumulation and distributions happen when the market is ranging.
An additional filter was also implemented to this forex robot to identify the price direction of the market. You can use this forex robot to any pair you like to use. When you download this forex robot you see there are separate set files for each pair to use. We have tested these and we find those settings are good for each pair.
Also need to mention that this forex robot is only for MT4. We do not have the MT5 version. We see almost all the forex robot is created on the mt4 platform. You can download mt4 from your broker and use it.
We also tested this forex robot to all time frames. And we find that M30 and M5 work best for this forex robot. Here is recommended pairs: USDCAD, EURCHF, EURUSD, USDCHF, EURAUD, AUDUSD, GBPUSD.
We recommend starting balance to test this forex robot is $500. You need to have VPS to run any forex robot all the time. There are so many vps you can find online.
There are many brokers you can find online. Different broker has different criteria and benefits. Some brokers provide competitive commission rete, some brokers provide competitive spread. ICMarkets is one of the best brokers we found which provides both competitive commission rates and spread.
This forex robot can give you decent profits over time. You can easily rely on this forex robot without any hesitation. But you have to have a trading plan and money management plan. You know there is no forex robot without drawdown, you will experience some drawdown using this forex robot.
Demo testing is your best friend when you are getting any new forex robot. It’s not a good idea to go straight into the real account without testing any robot to demo the account. So test any new forex robot or strategy first.
You can find all the download details from the button 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 balance minimum $100
Initial Lot: $0.01
Time frame: 5 minutes
Please watch this trading video after download