The Tik Combat Bot is a free automated Forex trading bot that combines the power of Parabolic SAR, Moving Average, and Average True Range indicators. These technical tools work together to spot profitable opportunities and manage risks, adapting to current market conditions. By automating analysis and decision-making, Tik Combat Bot provides traders with a significant advantage over traditional manual trading.
Key Features and Risk Management
In volatile markets, managing risk can be challenging. Tik Combat Bot simplifies this with automated stop-loss and trailing stop-loss orders. These features help traders lock in gains as a trade moves favorably while also setting boundaries on potential losses.
One of Tik Combat Bot’s standout features is its integrated ‘Take-Profit’ button, which allows users to close all open positions simultaneously. This bulk order execution tool gives traders enhanced control, letting them exit trades at optimal moments or at a preset take-profit level. This added layer of functionality makes Tik Combat Bot a versatile and user-friendly trading system.
The bot avoids high-risk strategies like martingale and grid trading. On the recommended M5 timeframe, Tik Combat Bot can open around 200 trades daily, though this includes ten separate trades per entry, resulting in about 20 unique entries. Each trade is safeguarded with both stop-loss and take-profit settings.
Recommendations for Using Tik Combat Bot
Minimum Account Balance: $100
Optimal Currency Pairs: Works best with XAUUSD, BTCUSD, AUDCAD, US30, and VIX75 but can be used on any pair.
Best Timeframes: Recommended for M5, though it operates across all timeframes.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Broker Compatibility: Suitable for any account type (find the perfect broker for you).