Avtomat EA is a fully automated Forex trading robot that is available for free download. It is designed to trade primarily on major currency pairs such as EURUSD, USDCAD, USDCHF, and USDJPY. The robot identifies potential breakout levels in specific price patterns and opens trades accordingly to capitalize on these breakouts.
Key Features of Avtomat EA
Avtomat EA is an intraday scalping tool that trades infrequently, averaging around 20 trades per month. Each trade typically yields a profit of 10 to 30 points. Although the EA can employ position averaging, it keeps the number of orders low and aims to close trades early to avoid significant drawdowns, carefully managing each position.
This expert advisor offers extensive customization options, allowing users to optimize settings for different currency pairs and timeframes based on their preferences and trading strategies.
Recommended Settings for Avtomat EA
Minimum Account Balance: Start with at least $100, but $500 is recommended for better safety.
Best Currency Pairs: EURUSD, USDCAD, USDCHF, and USDJPY, though it works with any currency pair.
Best Timeframe: M5 is ideal, but it can be used on any timeframe.
Settings: You can either use the provided set file or customize your own settings, as the default settings may not perform optimally.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Low Spread Account: For better results, use a low-spread account.