AnEasierWaytoTrade EA is a free to download automated MT5 swing trader. The basis for how the swing trader EA operates is price movement and how the market’s Moving Averages (Ma’s) respond to it. If it hasn’t opened a trade in a week, don’t become alarmed because it won’t trade every day.
A Simpler Way to Trade The EA is impressive since it can make money even with small deposits and has a small maximum drawdown when trading. It does not employ risky trading strategies like the grid, martingale, etc., and all transactions are always covered by take profit and stop loss orders. It can trade using a set lot or an auto lot, which enlarges the transaction’s size automatically. Additionally, this EA only opens two transactions at a time in the market.
Use this expert advisor in conjunction with your standard trading methodology. Although this EA is a trading robot that executes trades automatically, the user must be present to use it. primarily so that the EA may be turned off at the end of the week and all trades closed.
Recommendations
- $100 is the minimum balance required.
- Work best with the pair of currencies AUDCAD, AUDJPY, EURAUD, EURCHF, EURNZD, GBPAUD, GBPUSD, NZDCAD, and USDCAD. (Attain any pair.)
- For optimum results, use H1 timeframes. (accommodate any timeframe)
- My experiments show that the default settings of this EA are not profitable. Use the included “.set” File, please.
- Keep transactions closed over the weekend. On Friday afternoon, close all deals, whether they were profitable or unsuccessful, and turn off the EA.
- This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
- low spread ECN account is also advised (Find the Perfect Broker For You Here).