A fully automated supply and demand robot called Supply Demand EA is ideal for prop companies like FTMO. It automatically locates supply and demand zones in the forex market that are high-probability, low-risk, and high-reward. When these zones are found, the robot starts trading without human assistance.
Every transaction made by the robot includes stop-loss and take-profit orders. These built-in elements aid in risk management and potential gain protection. This robot avoids high-risk trading strategies like Martingale and Grid, in contrast to certain robots that use them. Risk-averse traders may benefit from this.
Recommendations
- A single pair or FTMO challenge accounts must have a minimum account balance of $500.
- Works with all MT4 Timeframes and Assets, including CFD, Gold, Silver, Oil, Forex, and Crypto.
- The Order sum will vary based on the time window. The trade amount increases as the Time Frame decreases. The Trades decrease as the TimeFrame increases. (applicable to any TimeFrame)
- 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).