Brilliant Pro EA V4.2 Forex Robot

Superb Pro The EA is an automated forex robot that employs the scalping strategy, which involves making small, frequent trades to profit from slight price fluctuations. The EA uses a combination of martingale and hedging strategies when trades start to move against the intended direction, extending its strategy beyond simple scalping. Despite the inherent risk, these strategies are well-known for their capacity to manage and possibly recover from losing trades.

The system’s performance on dubious live mql5 signals bolsters the developers of Brilliant Pro EA’s claim that it can consistently turn a profit. Based on the information at hand, the EA shows a consistent monthly profit. It’s crucial to remember that this performance has a dangerously high drawdown, meaning that even though the system has the potential to be profitable, there is a high risk that your account could be blown.

For trading with a lot size of 0.01 the developers have suggested a standard account of $1000. This recommendation can be criticized for being excessively risky and likely to quickly deplete your account. A more cautious strategy is what I suggest doing in light of this: establishing a minimum $100 cent account (or its equivalent in a standard account) for the same lot size. By making this adjustment, the risk can be considerably decreased and an average monthly gain of about 7% can be achieved. With this approach, traders with different capital sizes and risk tolerances can access the EA more easily.

Recommendations

• Although the developer suggests a minimum account balance of $1,000, I would suggest opening an account with just $100 or an equivalent standard account.
• Perform best on the EURUSD. (Work with any duo.)
• Perform optimally on M30 (perform at any time).
• It’s not as simple as plugging in and watching with this EA; you may also need to monitor volatile markets (News) and close trades.
• 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).