Trade Armor EA is a fully automated Safe MT4 EA based on price action that is typically marketed for $649. It trades sparingly and performs better on longer time frames. No more than 1 to 3 trades every week on average.
A second order average is opened by EA if a trade goes against it. The EA uses the grid method rather than martingale, but it can only execute a maximum of five trades at once (adjustable on input parameters). Note that the orders are only available on the market for a brief period of time (around 1 to 3 days).
The Double MA and price action-based signal are used in this EA’s Version 1’s trading technique. The EA alerts you when the trend reverses itself.
This is Version 1 of the EA, and It uses Double OsMA and price action-based signal for its trading strategy. When the trend turns in the opposite direction, the EA will start its smart averaging strategy without martingale. There is also a V2 which uses a combination of the grid, hedging, and martingale(It’s not available here).
Recommendations for Forex Armor Safe MT4 EA
- Minimum Account balance of 100$(Risky), 300$(Minimum recommended), 500$(Safe), or equivalent cent account.
- Work Best on EURUSD, GBPJPY, and GBPUSD(Work on any currency pair)
- Work best on H1 and H4 TimeFrames(Work on any time frame)
- To reach stable results, the Forex Armor Safe MT4 EA should work 24/7. So we recommend running this free forex EA on a VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
