The Auto Millions Forex MT4 Robot is an expert advisor designed for the Metatrader4 platform, available for free download. It is user-friendly, requiring minimal configuration, making it a plug-and-play solution for Forex traders.
Key Features:
Automation and Performance:Auto Millions EA is an automated trading robot that has demonstrated historical accuracy with strong backtesting results. It has consistently performed over eight years of backtesting on the MetaTrader 4 strategy tester. The robot operates without employing martingale, grid, or hedging strategies, and it primarily trades the EURUSD currency pair on a 1-minute chart.Recommendations:
- Account Balance:
- Minimum of $50 (High risk)
- $250 (Low risk)
- $500 (Safe) for 0.01 lot size
- Risk Management:
- Adjust the risk level according to your deposit. The EA can potentially double a $50 account in a month but also carries the risk of account depletion. This risk can be mitigated by turning off the EA and closing all trades during volatile market conditions or significant news events.
- Currency Pairs:
- Best performance on EURUSD, but it can work on any currency pair.
- Time Frame:
- Optimal performance on the M1 timeframe, though it is adaptable to other timeframes.
- Trading Strategy:
- The strategy involves quick profits and fast withdrawals. It is recommended to withdraw the initial deposit after it has doubled to secure profits.
- Operational Recommendations:
- For optimal results, run the Auto Millions Forex MT4 Robot continuously from Monday to Friday (24/5).
- Using a VPS (Virtual Private Server) is recommended for stable performance.
- A low spread ECN account is also recommended for best results.
Important Considerations:
- Demo Testing:
- It is crucial to test the robot on a demo account for at least a week to understand its functionality and performance before using it on a live account.