This robot programmed to use market data such as price action, trend, CCI, PPO, and other basic indicators and analyze them all together to place a trade.
It will work on 5 Forex pairs on the 5 minutes time frame and it will open and close trades in profit automatically. This robot main strategy is based on trend and price action.
Please test in a demo account first for at least a week. Also, Make yourself familiar and understand how the Free Forex Robot works, then only use it in a real account.
Recommendations:
- Work best on EURUSD, EURAUD, GBPAUD, GBPNZD, GBPUSD
- Work best on M5
- Minimum account balance: For every 1000 USD fund use 0.01 lot size for below 20% drawdown. (Ex: If 2000 USD fund size lot will be 0.02.)
- Please Note that this robot is Smart and it opens several trades, you might see trades going to minus, do not panic that is how EA works and it will close them in profit or minimize loss.
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