The best Forex EA, SMART MACHINE EA, is completely automated and available for free download. It has been operating on a live account for five years, with about a hundred percent growth (verified myfxbook result). It has been operating continuously since April 2018 till now.
Top Forex Upon receiving a signal through VSA (Volume Spread Analysis) analysis, the EA initiates the initial transaction. The robot initiates a new trade if the original trading position closes in a good manner. If the quotations moved against the open position, the robot activates its profit exit mechanism, which adds fresh trades to the market and raises their size through the Martingale or average approach (you can disable it using the input parameters if you’d like).
This Best Forex EA trade combines several strategies with the martingale approach. This strategy gives the EA a high return on investment (ROI), but if you don’t have enough deposits, there’s nearly a 100% probability that the account will be blown. Your monthly profit potential is based on the size of your lot and the level of risk involved.
SMART SYSTEM With the many risk management tools offered by EA, you may safeguard your account and control trading risks in accordance with your preferences and style.
Blowing your account is inevitable if you use this approach over an extended period of time. However, the probability theory benefits us when investments are periodically withheld. The risky martingale method becomes extremely profitable as soon as the initial investment is removed, breaking even in a matter of months.
Recommendations for this Best Forex EA
- A minimum of 100$ cent account or an equivalent normal account is recommended for this EA.
- Work Best on EURUSD(Work on any currency pair)
- Work best on M5 (Work on any time frame)
- To reach stable results, This Best Forex EA should work on VPS without any interruption 24/7. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Work on any account. But, we recommend a broker with a cent account.