xBest EA is a free to download open source forex expert advisor. The well-known open-source Expert Advisor (EA) xBest EA distinguishes out in Forex trading as it was initially created by xJhamil and later enhanced by Rodolfo. Surprisingly, this EA is free to use, offering traders the chance to utilize and modify the source code in accordance with their unique trading styles and methods. This has, however, also resulted in the development of other renamed variants, some of which are perfect copies of the original, while others feature considerable changes.
xBest EA is a favorite among forex trading programmers who frequently rebrand and launch it as their own product due to its accessibility and adaptability. Several prominent instances of these renamed products
xBest EA’s basic operation is to start a purchase or sell cycle depending on signal readings. Every stage involves starting with a basic lot and growing it by a specific amount. In addition, it establishes a global take profit. It closes all orders once the daily target profit has been reached. It also has the ability to enable hedging after a predetermined amount of loss orders and a time filtering tool.
Recommendations
- Grid: By adjusting the Grid system, customers can set up many trades at various price points and profit more from market fluctuations.
- xBest Martingale The Martingale betting technique, which EA offers, calls for doubling the transaction size after each loss in order to make up for earlier losses when a victory eventually materializes.
- Set a minimum profit level at which all transactions will be closed in order to protect the grid using the “Minimum Profit Close/Protect Grid” feature.
- 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).