Forex Robotron is designed to work on the MetaTrader 4 forex trading platform. It works with any broker, as long as they have MT4. Still, the developer does recommend that you opt for an ECN/STP broker.
Forex Robotron EA has been tested using real data, and it also utilizes a tight stop loss, which also sets it apart from many other trading robots. This should reduce the risk significantly and protect your capital by limiting your exposure.
How does Forex Robotron work?
Forex Robotron EA generates the best results in an environment with low spreads, low commissions, fast execution, and no limitations on stops. It works with EUR/CHF, EUR/CAD, EUR/AUD, EUR/GBP, EUR/USD, USD/CAD, GBP/AUD, and USD/CHF on M5 TimeFrames charts.
This EA can be used 24 hours a day, yet it only opens new trades between 21:00 GMT and 22:00 GMT in the summer months and between 22:00 GMT and 23:00 GMT during the winter months. This is disappointing as it makes it unsuitable for some traders(you can use a VPS). According to the developer, these are the best hours during which Forex Robotron performs best in terms of trading volume and accuracy.
Forex Robotron EA allows you to tweak a variety of settings, including risk percentage, lot size, trading style (aggressive, normal, conservative), and more. This means you can customize the robot to your preferred trading style and then sit back and watch it do all the work.
Forex Robotron EA Traders Reviews
Forex Robotron EA is an automated FOREX, trading system suitable for any trader who has some experience using EA. It has various features that allow you to trade according to your preferred style, whether you’re more conservative or aggressive.
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