Fully automated forex robot CrazyCTrader EA is typically offered for 54$. It can enhance your deposit from 100%/month to a stunning 400%/day by integrating four trading algorithms (Pyramiding, Averaging, Scalping, and Hedging) with two-pair CONSTANT high frequency scalping. Naturally, 400% each day uses the maximum deposit load and is quite dangerous. This means that it should only be used for modest amounts, and that settings for larger deposits should be more cautious.
This EA scalps DIVERGENCE and only trades in one direction on the negatively correlated pairs EURUSD and USDFCHF. It buys or sells based on pair divergence (difference), which is estimated from a few bars earlier (ZeroCrossBarNumber parameter). Therefore, there is some sort of defensive hedging. When divergence exceeds DeltaMinToOpen but falls short of DeltaMaxToOpen, CrazyCTrader EA waits until the current price to previous bar price ratio exceeds the ConfirmReversalRatio parameter to confirm that the divergence is closing before opening a trade. When the divergense begins to spiral out of control, an EA initiates fresh HEDGING positions, either against the trend or trendwise.
This is the Metatrader4 version of CrazyCTrader EA, which cannot be tested in the MT4 tester because it does not support multi-currency backtesting. CrazyCTrader EA was created and tested on the Metatrader5 platform.
Recommendations
- Minimum amount of $1,000 in a stranded account (but lower deposits may still be accepted)
- Work on the strongly connected pairs EURUSD and USDFCHF (which is changeable).
- Work on any time frame, but 1H is the best.
- 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).