The Supply Demand EA is a fully automated trading robot designed for prop firms like FTMO. It automatically detects high-probability, low-risk, and high-reward supply and demand zones within the forex market and executes trades independently based on these zones.
Every trade made by the robot includes built-in stop-loss and take-profit settings to help manage risk and secure potential profits. Unlike some robots that employ riskier strategies such as Martingale or Grid trading, Supply Demand EA avoids these, making it an appealing choice for risk-conscious traders.
Recommendations for Using Supply Demand EA
Minimum Account Balance: $500 per currency pair, or for FTMO challenge accounts.
Compatible Assets: Works with all MT4 timeframes and a variety of assets, including Forex, Crypto, Gold, Silver, Oil, Stocks, and CFDs.
Trade Frequency by Timeframe: The robot adjusts the order frequency based on the timeframe. Lower timeframes result in more trades, while higher timeframes yield fewer trades.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Broker Recommendation: A low-spread ECN account is recommended for optimal trading conditions (find recommended brokers here).