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RedPips EA Description :

RedEye EA is an automatic trading robot to trade Forex on MetaTrader 4. It is a scalper type robot, so its operations are short term and close the same day.

Its strategy, based on a series of indicators and mathematical algorithms, analyzes the market only in a few hours of the day, specifically at the close of the American session and the opening of the Asian session. Thus avoiding the risk of being exposed to the market in situations of extreme volatility and high impact news.

It comes provided with stop loss and take profit. In addition, you have the option of operating with a fixed lot or compound interest. It works for the following currency pairs: EURUSD, EURCHF, USDCHF, AUDUSD, AUDCHF, EURAUD, CADCHF, AUDCAD, USDCAD, EURCAD.

It must be used in the M5 season with a minimum balance of $ 200 for each pair and minimum lot.

Requirements:

• Minimum balance of $ 200 for each pair.
• Low spread broker
• MT4 account
• VPS (Recommended)

Broker Requirement :

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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RedPips EA Settings:

RedPips EA Results:

Download RedPips EA :

[+ForexWikiTrading.com]RedEye-EA-V-5.21