A FREE to Download GBPUSD Trading Robot for MT4 is the GBPUSD EA. This expert, who can manage many signals, is outfitted with state-of-the-art capabilities intended to maximize trading potential while lowering risk. By turning on the complete trade option in the settings and running the expert concurrently in multiple time frames, this AI expert has the important advantage of enabling traders to engage in active trading.
This GBPUSD EA, in contrast to many trading bots, doesn’t use risky tactics like martingales and hedges, making it a safer choice for traders. It can trade using a set lot or an auto lot and automatically raise the transaction size in accordance with the given parameters. This EA is impressive since it makes money even on little deposits and trades with a small maximum drawdown. Given that both the profit and loss limits are fixed, it is intended to achieve a risk-reward ratio (R/R = 1) that is in balance. Additionally, a little stop loss and take profit are always used to protect all trades.
Recommendations for this MT4 GBPUSD Robot
- Minimum account balance of 100$.
- This EA is specifically made to work on GBPUSD. (Work on any pair)
- Work best on M15 , M30 , H1 , H4 and D1 TimeFrames. (Work on any TimeFrame)
- MT4 GBPUSD should be online for 24 hours for the best performance. Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
- The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker (Find the Perfect Broker For You Here)