A fully automatic forex robot called MOHO TURBO EA is typically available for 188$. In order to place a trade, it is programmed to use market data, including price action, trend, CCI, PPO, and other fundamental indicators.
It will operate on five currency pairs using the M5 time period, and it will automatically open and close profitable deals. The primary strategy of MOHO TURBO is centered on price action and trend.
Recommendations
- Work on any pair, but the EURUSD, EURAUD, GBPAUD, GBPNZD, and GBPUSD pairs are the best.
- Work on M5 (any time frame) best.
- Account balance requirement
- Use a 0.01 lot size for every 1000 USD fund if the drawdown is under 20%. Ex: If the fund size lot is 2000 USD, it will be 0.02Please take note that the EA is smart and opens a number of transactions. If you notice some of them going against you, do not panic; this is how the EA operates. It will close the trades in profit or with a minimum loss.
- You can start with 500 USD for each 0.01 lot size and expect a drawdown of about 35%.
- 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).