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Which is the best auto trading robot for forex market?

I would not dare to say that there is any best auto trading robot for Forex Market. There may be in the world, but it probably not for sales nor for the public. If you have been in the forex market for a while, you will naturally become curious about automating your trades when you have a strategy and money management that bring profitability consistently.
I am an active signals follower and been in this industry for years thus these are a few tips before choosing a profitable robot in the market.
Drawdown
It is common that you study drawdown before diving into any EA. As this is the likely losses you will incur in the strategy you are engaging. The certain trading robot drawdown could get as high as 80% which I would not recommend. A safe drawdown would range 10%-20%, while max drawdown would range within 35%-50% depending on your risk appetite.
Martingale/Grid
This is a strategy which projects a clean curve on every portfolio. The only downside is that the stacked trades one day may backfire and margin call your account in a single day. In my opinion, such a strategy has its pro and con and it would be difficult to even debate if it is suitable for investment since such a strategy is more towards probability game/ gambling with formula.
View the Best Forex EAs, the reviews and proven results and select the best FX Expert Advisors for Metatrader MT4 for your needs: https://www.best-forex-robots.com/l/broker-profit/
Read the Reviews
Before you settle on a forex robot, check out the reviews. You can assess the credibility of a forex robot by visit forex trading forums. Here, you can ask for advice about the forex robot you like or you can read posts about the robot by other members. Researching carefully can help you understand if a forex robot will be suited to your particular trading style and level of experience.
Ask for Back Testing Data
Any EA will have the back-testing data for more than 10 years. It would be tested on different pairs to ensure it is profitable on different market condition and best used on which currency pairs.
Check out the Live Trading Results
Request for live verified results. Usually, you can find real verified results either on myfxbook or FX Blue. Sometime EA developer will provide investor password for you to review their performance on a live account. I will only stick to EA with verified results since this is the only way to ensure profitability.
Summary Forex Robot is not a get rich quick solution, always ensure you have set up stable and consistent risk management on every EA to ensure long-lasting profitable trading experience. Forex is already considered as a high-risk product, therefore you should always do your money management properly to avoid over-leveraging.
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Forex Strategy #1 - Swap Martingale - Easy - Low Risk ... FOREX Martingale Strategy - YouTube 49. Trading The Martingale and Anti Martingale Strategies ... The safest martingale Robot Ever 'Fx-Rider Safe MARTI EA v2' How to trade Safe with Martingale Strategy - 250% ROI ... Easy and working MACD Martingale Trading Strategy - YouTube

Read previous part “Safe martingale and manual trading (Part 1)” here>> …How it will look like in practice? Imagine that your strategy implies 10 points stop-loss and 20 points take-profit. You have find out that the average number of losing trades in one series made under your strategy equals 3. The Martingale system will bring you small winnings in the short term, but because of the steep progression, it’s an extremely risky strategy to use in the long term. In the end, the amount you’ve lost will surely outweigh the amount you’ve managed to win. It might seem to work at first, but the math doesn’t lie. It’s gambling. How safe is gambling? Using Martingale, you will simply double up every time you lose in order to cover previous losses. It’s not a strategy, it’s not a decent money management. In fact, it was presented by affiliates and brokers t... Martingale can work really well in narrow range situations like in forex like when a pair remains within a 400 or 500 pip range for a good time. As the other comment said if there is a predictable rebounding the opposite way that is the ideal time to use it. Then the strategy has to be smart enough to predict when the rebounds happen and in what size. The amount of the stake can depend on how ... (read more about Leverage in forex) Keys to the safe martingale Usage of stop-losses in trading . Let’s consider a commonly encountered mistake made by traders, whose strategy is based on the martingale approach. The most of them think that the strategy implies trading without stop-losses. However, stop-losses can and must be used. By doing so, we can make ourselves safe from huge losses. It ... Avoid News time: Most of the martingale strategy blow accounts at the news time. So it’s better to stop trading at-least 1 day before any major fundamental news. Avoid Volatile Pair: The more volatile the pair, the more is the risk. Ignore pairs like GBPJPY, EURNZD, and GBPAUD. Avoid over-trading: Don’t leave martingale to run forever. If ... Martingale Strategy. M artingale strategy is one of the most famous Forex strategies in the world!But many traders and especially professional traders don’t agree with this strategy.Here I want explain this strategy and give you good idea to understand how and when use this strategy to earn profit.. What is the martingale strategy? The word martingale has so many meanings.

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Forex Strategy #1 - Swap Martingale - Easy - Low Risk ...

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