Advanced Automated Forex Robot is an adaptive robot that is FREE to download. The foundation of this EA is an adaptive algorithm that constantly tweaks and optimizes itself. As the market evolves, so does the algorithm, ensuring the strategy always remains relevant and effective.
Rather than solely relying on price chart data, this EA also incorporates various other vital indicators. It takes into account incoming news, which can significantly sway the market. Additionally, it adjusts its strategy based on current spreads, time, and even the specific day of the week. Such a multifaceted approach ensures a well-rounded and informed trading decision.
While some may argue that the grid method is aggressive and risky, it can amplify profits when used judiciously. This Automated Forex Robot employs the grid method only in controlled doses. But still, it is not perfect and can cause drawdown. It opens about 2-5 trades daily, minimizing risks while maximizing opportunities.
The MT4 Robot comes with a predefined set of files, which are optimal for most traders. However, for those who prefer a touch of personalization, the EA offers the flexibility to trade with automated and fixed lots with many more customizations. Whether you want to use the recommended settings or have your preferences, this tool caters to both.
Features of Automated Forex Robot
- Accurate Entry Point Filter: Automated Forex Robot employs refined filters to identify the best moments to enter the market, increasing the precision of trades.
- Extended Parameters List: Offers a broad range of customizable settings, allowing traders to adjust the robot’s operations according to their trading preferences and strategies.
- Multi-Stage Profit Closing: Implements a strategic approach to securing profits at various stages of the trading process, aiming to maximize returns.
- Money Management: Incorporates a system to manage financial risks effectively, protecting the trader’s capital and optimizing the use of funds.
- Economic News Filter: Analyzes upcoming economic news to adjust trading strategies in anticipation of market volatility.
- High Spread Protection: Offers protection against trading in conditions of high spread, reducing the risk of loss during volatile market periods.
- Time Filters: Users can specify trading days and times, avoiding trading during potentially unfavorable market conditions. It also includes auto GMT now.
Recommendations
- Minimum account balance of 200$.
- Work best on EURUSD, GBPUSD, and USDJPY. (Work on any pair)
- Work best on H1 TimeFrames. (Work on any TimeFrame)
