A extremely successful scalper Exper adviser developed by seasoned traders is called FxCore100 EA. Advanced techniques are used, and various time frames and multiple couples are analyzed. The Expert Advisor keeps monitoring the market and determining whether the entry choice is still viable tick by tick. Built-in risk management is present.
The Fxcore100EA_BUY and Fxcore100EA_SELL files are the two that make up the EA. As a result, you will open two EURUSD charts: one for the BUY EA and one for the SELL EA.
The risk exposure is determined by the timeframe you give the EA.
- The Lower the timeframe, the higher the risk exposure.
- The higher the timeframe, the lower the risk exposure.
So the higher the risk exposure, the higher the profit, and the lower the risk exposure, the lower the profit. The best option is low-risk exposure.
The gradual growth of the account keeps you safe and saves you from scaring
drawdowns.
The Best Forex Robot trades by utilizing a martingale and hedging strategy combo. This approach has led to this EA’s strong ROI (Return on Investment) and reasonably decent stability. But occasionally it can get a little hazardous. Your lot size and risk value will determine how much profit you can expect to generate each month.
Blowing your account is inevitable after utilizing this tactic for a while. The probability theory, however, works in our favor when investments are periodically withdrawn. The risky martingale method instantly breaks even and turns profitable after the first investment is removed.
Recommendations
- The FXCore100 EA’s default setting is advised to use, according to developers. without changing any EA settings.
- Low-risk trading is appropriate for the following timeframe with the following account size, or an equal Micro/Cent account.
- $200 to $1000 for H4
- $2000 to $4000 for H1
- $5000 to $10,000 for 30M
- $11000 to $16000 for 15M
- $17,000 to $30,000 for 5M
- $31,000 to $50,000 for 1M
- Start a EUR/USD conversation. Open the timeframe appropriate for the amount of your account, as specified earlier. “Fxcore100EA_BUY” should be attached to the chart.
- Open a new EUR/USD chat window. For the size of your account, open the same timeframe. “Fxcore100EA_SELL” should be attached to the chart.
- 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).