ORACLE EA is a fully automated forex trading robot designed for traders seeking true passive income opportunities in the EA industry. Developed by professional traders Justin Ortiz and Chris Ramirez, ORACLE EA was created to meet the strong demand for reliable, hands-off trading solutions.
Flexible Strategy and Customization Options
The ORACLE EA’s base strategy starts with a counter-trend market order, but it also includes settings for trend-following, allowing traders to switch strategies based on market conditions. The EA is fully customizable, enabling users to adjust its parameters to optimize performance according to their preferences.
High-Risk, High-Reward Approach
ORACLE 2.0 EA can be risky, as it occasionally uses both martingale and hedging methods. While these strategies increase the potential for high returns, they also carry the risk of significant losses. The profitability of the EA largely depends on factors like lot size and risk settings.
With long-term use, there is a chance of account blowout due to the martingale strategy. However, by periodically withdrawing profits, traders can protect their initial investment and reach a break-even point more quickly. Once the initial deposit has been recouped, the EA’s strategy can become a more profitable approach without the same level of risk.
Recommendations for ORACLE EA
Minimum Account Balance: $100 on a cent account; $500 or even $100 on a standard account may also be used.
Recommended Pairs: Best results on EURUSD, GBPUSD, AUDUSD, US30, and XAUUSD, though compatible with any pair.
Best Timeframes: Optimized for M5 and H1 but can be used on any timeframe.
Suggested Strategy: Aim for quick profits and make frequent withdrawals. The developer recommends withdrawing the initial deposit after it doubles to maximize potential with minimal risk.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness