Forex Averaging Down EA MT4 : (Trade Safely and Smoothly)

Forex Averaging Down EA Review

Forex trading can be an extremely lucrative business, but it can also be very risky. Many traders are turning to automated trading advisors or Expert Advisors (EAs) to help them trade the markets. One such EA is the Forex Averaging Down EA, a conservative advisor with 14 years of experience.

This EA is designed to provide the best results on the EURUSD pair, but it can also be adjusted for any other instrument. It uses a timeframe from m1 to m15, making it suitable for both short-term and medium-term trading.

Best Brokers List 

The Forex Averaging Down EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

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Averaging Down EA Settings

The Expert Advisor trades using the averaging method, smoothly and safely increasing the volume. This means that it will gradually add to a losing position, with the aim of reducing the overall average entry price. To direct the trade, the EA uses candlestick analysis, a popular and effective method of technical analysis.

When using the Forex Averaging Down EA, it is recommended to use 0.01 lots for every $1500-2000 of trading capital. This is a conservative approach that will help to minimize risk. To further reduce risk, it is advised to change the step after 4 trades by 300 pips and after 6 trades by 500 pips. This will help to limit the potential drawdowns.

It is important to note that there will be drawdowns in trading, and this is normal. The Forex Averaging Down EA is designed to skillfully exit drawdowns over time, but this process can take time.

To get the most out of the Forex Averaging Down EA, it is important to consider the recommended deposit based on the desired yield. This will help to ensure that the EA is used in a way that is consistent with the trader's financial goals.

In summary, the Forex Averaging Down EA is an excellent choice for traders who want to automate their trading in a safe and conservative way. With its 14 years of experience, it has a proven track record of success. So if you're looking for an automated trading advisor, consider the Forex Averaging Down EA.

Forex Averaging Down EA Free Download 

We highly recommend trying the Averaging Down EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

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