Reverse Order Forex Trading Robot EA
• This Forex Robot works on the fact that when there is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside. Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart.
• This robot place trades when the direction of a price trend has changed, from going up to going down, or vice-versa.
• The Robot tries to get out of positions that are aligned with the trend prior to a reversal, or they get out once they see the reversal underway.
• IT works mainly on Reversals where large price changes, where the trend changes direction. Small counter-moves against the trend are called pullbacks or consolidations and Not Reversals.
• When it starts to occur, a reversal isn’t distinguishable from a pullback. A reversal keeps going and forms a new trend, while a pullback ends and then the price starts moving back in the trending direction.
• The Robot takes a reverse position it analyzes that the trend is ending and accordingly take the opposite position to start the other possibility of the trend. This is often called against trend trading but it likes to monetize from both sides.
• Currency Pairs: Any Major Currency Pairs
• Time Frame: H1 or H4 Only
• Equity: Minimum $500 Ideally $1000 in Standard and/or 1000 US Cents at least
• Time Zone: Works in All Time Zones
• Lot Size: 0.01 Lot for $1000 one currency Pair
• Brokers: Raw Spread/ECN Brokers Only
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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 favorable 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 in 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 favorable 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 of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.