- October 2, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Forex Pro Warrior Robot Review
Any currency combination is supported by this Forex Pro Warrior Robot. This trend method trades on the M1-H4 timeframes and applies the Trend Line concept.
The EA offers a trading panel where users may control auto-trading features and manually open deals.
Type of Account Suggestion: Cent
A 100,000 USDc minimum starting balance is equal to $1 USD.
Leverage: The more you can start with, the better. minimum 1:200 (1:500 recommended)
Contact me at Inbox Messages to request tutorials, the greatest pairings, or ideal advice.
Best Brokers List
The Forex Pro Warrior Robot works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
Forex Pro Warrior Robot Setting
PARAMETERS DESCRIPTION
- TURN ON EA: If True, allow the RedFoxEA to process the order
- Allow New Orders: If True, it will be allowed to open new orders.
- Allow buy: If True, the BOT can open buy order.
- Allow sell: If True, the BOT can open sell order.
- Allow hedge: If True, , the BOT can open buy and sell orders.
- Period step: This is the number of candles previously identified for trend calculation.
- Max orders: Maximum number of open positions each time.
- Start lot: This is the lot value of the first order opened.
- Max lot: This is the maximum lot value that the BOT can open.
- Lot multiplier: Calculate the next lot.
- Take profit (Point): You must enter a point value.
- Stop Loss (Point): Default is 0. Since we use the method of averaging positions, we do not need a stop loss. For this reason, we will leave the value 0 in this line. The parameter was added just in case, it may be useful to someone.
- Distance (Point): Enter the value for which you want to open additional orders.
- Follow trends with timeframes: Choose the timeframe you want to BOT open order according to the trend of that frame.
- Magic Number: a magic number (you don't need to change the value)
TRAILING STOP
- Trailing Stop Loss Enable/Disable
- Points Of Distance From The Current Stop
- Points Of Increment The Current Stop
RISK REDUCTION (This is the risk reduction algorithm)
- Safe Mode: If TRUE, will not allow trade on low liquidity days like holidays, New Year or volatile days like Non-Farm, Monday, Friday
- Starting from orders: Once the x orders are open, the risk mitigation algorithm is enabled to clear the order profit quickly.
- Percent of closing profit (%): The percentage of profit needed relative to the "take profit" needed to close.
- Max Spread: Allowable maximum spread value for entry.
MONEY MANAGEMENT
- Close orders on percent: If True, the money management feature will be activated
- Account balance: Your current capital
- Loss limit of the Balance in a percent: The maximum negative percentage when reaching the allowable threshold compared to the capital you enter to stop loss, close all orders
ACCOUNTSIZE RECOMMENDATIONS:
- balance < 10000$ -> use a cent account with default settings.
- balance between 10000$ and 50000$ -> use default settings and fix Lot multiplier = 1.35
- balance >= 50000$ -> use default settings
Forex Pro Warrior Robot Result
Although this EA may trade any pair, we only presently utilize these since they are the greatest pairs we have identified and the only ones we advocate. It is totally up to you if you decide to branch out and try different pairs. However, it is all your fault if you try using different combinations and your results are poor. We are not involved in that in any way. (This EA can trade any pair; if you discover any more profitable pairings, please let us know. We'll follow suit.)
Forex Pro Warrior Robot Free Download
We highly recommend trying the Forex Pro Warrior Robot with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.
Get Forex Pro Warrior Robot
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