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How many times have you said to yourself ” im gonna quit trading ” ? More than twice? Well, do not be ashamed, I told myself at least five times. But every time I returned with a better strategy, a better trading plan and sometimes a different forex brokers. Did it help? Not really, I started to realize that the forex markets are simply too fast and complicated for me in order to make trading profits. This article will be written about my personal experience about the best forex ea that is listed on this website. REad more about thebest forex ea https://preview.redd.it/814afkr6g7t21.jpg?width=667&format=pjpg&auto=webp&s=dde4d5a713797dd48a63385c213a5ffae61e11a2
Best Forex EA for Smaller Account Sizes - Piphiker EA
https://preview.redd.it/dotlw8q3gsb21.jpg?width=228&format=pjpg&auto=webp&s=85a3134c8881a63bf6780531c73113006e0f523e The Piphiker EA can be described as a grid strategy. However it has a hedge script implemented which protect your account from big market waves. Hedging means the EA goes long and short at the same pair at the same time. The EA uses the one minute time frame and can trade multiple currency pairs. As indicators it triggers trades if the RSI and MACD rules apply. The most used currency pairs are EUR.USD – AUD.NZD – GBP.JPY. Preferably is to pick pairs that are uncorrelated. Per $1,500 you can trade one pair and it is recommended to start with at least two pairs.
Which is the best auto trading robot for forex market?
I would not dare to say that there is any best auto trading robot for Forex Market. There may be in the world, but it probably not for sales nor for the public. If you have been in the forex market for a while, you will naturally become curious about automating your trades when you have a strategy and money management that bring profitability consistently. I am an active signals follower and been in this industry for years thus these are a few tips before choosing a profitable robot in the market. Drawdown It is common that you study drawdown before diving into any EA. As this is the likely losses you will incur in the strategy you are engaging. The certain trading robot drawdown could get as high as 80% which I would not recommend. A safe drawdown would range 10%-20%, while max drawdown would range within 35%-50% depending on your risk appetite. Martingale/Grid This is a strategy which projects a clean curve on every portfolio. The only downside is that the stacked trades one day may backfire and margin call your account in a single day. In my opinion, such a strategy has its pro and con and it would be difficult to even debate if it is suitable for investment since such a strategy is more towards probability game/ gambling with formula. View the Best Forex EAs, the reviews and proven results and select the best FX Expert Advisors for Metatrader MT4 for your needs: https://www.best-forex-robots.com/l/broker-profit/ Read the Reviews Before you settle on a forex robot, check out the reviews. You can assess the credibility of a forex robot by visit forex trading forums. Here, you can ask for advice about the forex robot you like or you can read posts about the robot by other members. Researching carefully can help you understand if a forex robot will be suited to your particular trading style and level of experience. Ask for Back Testing Data Any EA will have the back-testing data for more than 10 years. It would be tested on different pairs to ensure it is profitable on different market condition and best used on which currency pairs. Check out the Live Trading Results Request for live verified results. Usually, you can find real verified results either on myfxbook or FX Blue. Sometime EA developer will provide investor password for you to review their performance on a live account. I will only stick to EA with verified results since this is the only way to ensure profitability. Summary Forex Robot is not a get rich quick solution, always ensure you have set up stable and consistent risk management on every EA to ensure long-lasting profitable trading experience. Forex is already considered as a high-risk product, therefore you should always do your money management properly to avoid over-leveraging.
*Delete this if its not allowed, I looked through the rules and cannot see that it isn't, however I am new here so I may have missed something* I have seen many posts regarding making your own algorithms in order to trade, unfortunately I don't have time currently to learn to code one with exams coming up. Previously I have used forex EA's however they were martingale based and with the fx market being so volatile I have decided to pull out for the time being as the draw down was becoming quite high and was relying on the market swinging back. So i was wondering if any of you could recommend the best EA's for trading in any kind of market in terms of low draw down and decent returns per month. Not on a martingale system though.
FOREX: Channel Trader PRO Downloads & Review - Is it Safe (Legit) or Scam?
Channel Trader PRO (channeltraderpro) Discussion wwwmyfxbookcom/community/trading/channel-trader-pro/980103,1 Jun 25, 2015 - 10 posts - 5 authors Channel Trader PRO Discussion review and comments Channel Trader Pro Review - Red Rhino FX redrhinofxcom/channel-trader-pro-review/ Jun 25, 2015 - Channel Trader Pro trading at SynergyFX, home of faked trading systems marketed by William Morrison Channel Trader PRO EA Review - Best Forex EA's | Expert bestforexeascom/channel-trader-pro-ea-review/ Sep 23, 2015 - Channel Trader PRO EA Review – The Ultimate Forex Expert Advisor By Doug Price Channel Trader PRO EA has been created by Doug Price (who has developed the REV Trader PRO EA as well) and works absolutely automatically Channel Trader PRO EA can work with all currency pairs but we Channel Trader PRO | Forex Expert Advisor Reviews | Forex wwwforexpeacearmycom/public/review/wwwchanneltraderprocom Jun 25, 2015 - 3 posts - 2 authors Read Real Reviews, By Traders, For Traders™ Add Your Rating to the Largest Forex Review Database by Forex Peace Army™ >> Channel Trader PRO EA Review - The Ultimate Forex Video for Channel Trader PRO Review▶ 13:46 https://wwwyoutubecom/watch?v=xJ5PpjIT5MU Jul 3, 2015 - Uploaded by bestforexeas //bestforexeascom/channel-trader-pro-ea-review/ - Channel Trader PRO EA Review - The Ultimate Channel Trader PRO - Automated Forex Robot with 99 wwwchanneltraderprocom/ Automated Forex system with high win rate that trades on micro breakouts on lower time frames Channel Trader Pro Review - EmpireAmbitioncom wwwempireambitioncom › channel trader pro › Featpost Jun 25, 2015 - Thanks for viewing my Channel Trader Pro Review I received an email about this product and read some remarkable income claims so i Channel Trader Pro Review – Another Doug Price Scam | A aworkathomejobscom/channel-trader-pro-review-another-doug-price-sc Aug 6, 2015 - Name: Channel Trader Pro Owner: Doug Price Price: ranging from $49 to $129 Overall Rating: 25/100 There are just too many positive Channel Trader PRO Review - No More Fake Reviews nomorefakereviewsningcom/articles/channel-trader-pro-review Is Channel Trader PRO a SCAM or does it Really Work? My Doug Price's Channel Trader PRO Review secret information the Truth about… REV Trader PRO Reviews - Is Doug Price Scam? chilloutinvestorcom/rev-trader-pro-reviews/
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