Most Forex traders lose all their money.
Using the robot posted here in trading Forex does not guarantee success.
Trading this robot could lead to serious financial loss.
Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
To trade this robot, you have to understand:
How to use EA's.
You can use this ea on a m1 tf and have to start the test with atleast $50000 on a cent account Others tf`s are good aswell. set riskpercent to 0.1
To see how it works, you have to see it in visual first!
If the ea is activated it starts trading on the first buy bar ore first sell bar!
So if it starts with a sell and the second bar is a sell too it will open a sell again, if total buy bars after this become bigger then total sell bars it will start buying.
It is a basket trading strategy and opens alot of trades.
10short bars versus 5long bars= short
10short bars versus 11long bars= long
So it will keep switching!!!
In the past lots of users asked me to post this ea so here it is
Have fun!