Engineer EA is a popular FREE to Download Robot for MT4. It operates in accordance with a certain breakout method that has been successfully used by specialists for more than ten years. The algorithm for trailing stop losses is applied to every initiated position. Losses are reduced to a minimal with the help of our unique trailing stop loss algorithm, and maximum profits is seen.
It can trade using a fixed lot or an auto lot that automatically increases the amount of the transaction based on the set criteria. This EA is impressive since it makes money even on little deposits and trades with a small maximum drawdown. It does not using risky trading strategies like grid, martingale, etc. A simple Stop Loss and Take Profit order protects all trades at all times.
Recommendations
- $100 is the minimum balance required.
- The EURUSD and USDJPY pair work best. (Attain any pair.)
- Work uniformly across all TimeFrames.
- 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).