XDoubler Forex Robot MT4 is built to suit the two types of Forex traders. This EA has two trading methods called TypeA and TypeB. If you put TYPEA input parameter to true it will trade using the TypeA method, and if it’s false, EA will use the TypeB method.
Once X-doubler EA enters a trade during a trending trade, it will continue placing trades in that direction until the trend changes. For example, let’s say Xdoubler entered for buy once the trade is closed in profit. Xdoubler will wait for another buy trade signal and enter again, and once the trade is closed in profit, Xdoubler will go for another buy trade once there is a signal. If you want to make money fast, you will set TypeA trade to TRUE.
Note: Most traders forget that the trend is your friend until it stabs you in your back. So if you are going to set TYPEA to true, your account may get burnt anytime if you don’t set up your Entry Lot size and Attempt very well because you are trading aggressively.
The EA will make pips very fast. The weekly ROI average is 20-30%, and Monthly ROI average is 100-300%.
Xdoubler EA enters a trade just once when the market is trending. For example, if the first order is a buy, and once closed in profit, it will never enter for buy again. Now it will be waiting for only a sell signal to come in before it places the trade. When the Sell signal comes in, Xdoubler will sell again, and once it is closed in profit, Xdoubler won’t enter for sell trade again. It will be waiting for the buy signal.
Note: I will refer to this type of setting as: “make your pips and watch”. Because you will not get stabbed like the TYPEA settings because when TYPEA trades every time, TypeB settings will be watching, waiting for the trend to turn before it goes in again. This type of setting does not make you more pips, but it will keep you safe. The trick I use is to use this type of settings on many pairs since Xdoubler can work on any pair. Please be careful so that you won’t overexpose your account to trading.
The X-Doubler EA will make pips slowly. The weekly ROI average is 1-3%, and Monthly ROI average is 4-12%.
Please test in a demo account first for at least a week. Also, Make yourself familiar with and understand how Ilan XDoubler Robot works, then only use it in a real account.
Recommendations for XDoubler Forex Robot MT4
- Minimum deposit of 200$ for one pair.
- Work Best on GBPUSD, EURUSD, NZDUSD, AUDUSD, USDJPY, EURJPY (Work on any currency pair)
- Attach Xdoubler to either the H1 or H4 timeframe. It will work the same.
- Make sure you fill the “AuthenticationKey” input parameter with the Authentication Key.
- The strategy With TypeA Method is to profit fast and then withdraw fast. Withdraw the deposit after doubling the deposit.
- The strategy With the TypeB method is to run the EA in TypeB method on many pairs.
- This EA does not work on the strategy tester.
- For best performance, We Recommend running Forex Robot FREE Download 24/5. Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread account is also recommended (Find the Perfect Broker For You Here)