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Following the conclusion of our session, the Pirate One EA trades while monitoring the price levels of many indicators during periods of low market volatility. After that, it starts taking positions and keeps track of them until they are closed, ideally with a profit.
The martingale strategy, averaging positions, waiting for a loss, etc. are not used. Positions may be opened with both fixed and virtual take profits. With successful trading, it is possible to employ a dynamic lot to expand the number of positions.
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Recommendations
- Best Results With EURCHF, EURGBP, and GBPUSD.
- Testable currency combinations include CHFJPY, EURAUD, and USDCAD.
- A wager on every pair at once is not something I advise! particularly if they are related to one another. It is preferable to start with one pair that has been well tested and optimized with a low risk or a fixed lot in order to become familiar with the trading process. You can add risk and pairs as soon as the trading outcomes are good.
- M15 time frames are ideal for this.
- 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).
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 | No Minimum Deposit ECN Acount No Commission | |
 | Min Deposit of 20$ |
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