Red Fox EA
RED FOX EA is a fully automated forex robot. This free forex robot is designed by the same developers that made Promax Gold EA. RED FOX EA is designed for traders who would like to have low drawdown and steady growth on their profit. It has both low drawdown and aggressive settings which users can select.
- Below 9% drawdown per pair with low drawdown setting – All pairs overall drawdown below 18%
- Below 15% Drawdown per pair for aggressive setting – All pairs overall drawdown below 38%
- 10% to 28% Monthly profit on low drawdown setting
- 17% to 48% Monthly profit on aggressive setting
- Auto lot management based on account fund
- News Filter – To avoid trading on big market event days
- 100% Non-Martingale Strategy
- Spread control – to avoid trading in volatile market
Setting / Recommendations
- Currency Pair: Currency Pairs
- Low Drawdown pairs: EURCAD, EURUSD, GBPUSD, GBPCAD, USDCAD
- Aggressive pairs: AUDUSD, EURAUD, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPNZD, GBPUSD, USDCAD
- Equity: Minimum balance of 1000$ stranded account
- Timeframe: Work best on M1 and M5 (Work on any time frame)
- Leverage: 500
- Broker: Zero Spread/Fixed Spread/Raw Spread or ECN Broker: To Know More-Click
- VPS: Let the EA work un-interrupted with VPS: Click Here
- Having open trades for few days in drawdown is normal and please be patient until EA closes them in Profit.
- Do not close any open trades manually or Do Not trade manually on the same acc, it will mess up the EA money management system
- Do not run any other indicators or robots on the same acc as Promax is running.
- Do not run the EA on an account below 1000 USD.
News Filter doesn’t work on backtest
Get this amazing Forex Trading EA Robot ABSOLUTELY FREE from us. Please open a trading account with our Suggested Brokers and use a Forex VPS from our Recommended VPS Providers to automate your trade without hassles. You can Download the Forex EA FREE from Here: CLICK
DISCLAIMER: Please read carefully before you decide to invest in Forex Market
- Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favourable results. Before you purchase, please read our RISK DISCLAIMER.
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat into the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this we recommend that you test the EA on your own broker account using many variations of currencies, time frames and settings to make sure you experience favourable results in current market conditions before trading live accounts.
- Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
- Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
- Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
- Before deciding to trade products, you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.