Hi Frorex Wiki Friends,

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 :

[ninja_tables id=”26339″]

RedPips EA Settings:

RedPips EA Results:

Download RedPips EA :

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