A free to download fully automatic forex robot is called ORACLE EA. It all started when professional traders Justin Ortiz and Chris Ramirez noticed a significant demand in the EA industry for people seeking TRUE Passive.
The default approach starts with a market order against the trend, but you can modify it to a trend following strategy. Every trader has access to every setting, allowing them to customize the robot anyway they see fit.
ODBC 2.0 Due to its use of the martingale strategy and occasionally even hedging, EA can occasionally become a bit dangerous. This approach has led to a very good ROI (Return on Investment) for this EA. Your lot size and risk value will determine how much profit you can expect to generate each month.
Blowing your account is unavoidable after a long period of adopting this method, however with regular withdrawals of assets, the theory of probability works in our advantage. The risky martingale method instantly breaks even and turns profitable after the first investment is removed.
Recommendations
- Minimum account balance is one hundred dollars. However, the developer claims that it may be used with a 500 or even 100 dollar account.
- Work on any currency pair, but perform best on EURUSD, GBPUSD, AUDUSD, and US30, XAUUSD.
- Work on any time frame, but M5 and H1 are preferable.
- 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).