SilverFox EA is a fully automated Expert Advisor for MT4, available for free download. It’s designed to execute 40 to 80 trades per day, making it an ideal choice for traders using a rebate program to maximize returns.
How SilverFox EA Works
SilverFox EA combines strategies like martingale, hedging, and various technical indicators. This approach allows for a high return on investment (ROI) while providing reasonable stability, although it does involve some risk. Monthly profits vary based on lot size and risk settings. 
The EA offers flexibility in trading styles by allowing either fixed lot sizes or automatic lot adjustments based on pre-set criteria. On average, it generates between 7% and 16% monthly returns, with a maximum drawdown of 27% on a $690 cent account, as verified by MyfxBook.
Long-Term Profitability Strategy
While the high-risk nature of this strategy can lead to account blowouts over time, withdrawing profits periodically can help reduce risk. Once the initial investment is withdrawn, the martingale strategy becomes break-even, enhancing profitability.
Recommended Settings and Requirements
Minimum Account Balance: $200 on a cent account.
Optimal Currency Pair: EURUSD, though compatible with other pairs.
Time Frame Compatibility: Works across all time frames.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
ECN Account Recommended: Opt for an ECN account for improved efficiency.
