RED FOX EA For FREE Download - MT4/MT5 Resources
RED FOX EA is a fully automatic foreign exchange robot, usually priced at 266$ . This free Forex robot is designed by the same developers who made Promax Gold EA. RED FOX EA is designed for traders who want low drawdowns and steady growth in profits. It has both low drawdown and aggressive settings which users can choose from.
Features
- Below 9% drawdown Each pair has a low drawdown setup – the overall drawdown for all pairs is below 18%
- Below 15% Drawdown per Aggressive Setup – Overall drawdown below 38% for all pairs
- Monthly profit with low drawdown settings from 10% to 28%
- 17% to 48% monthly profit with aggressive settings
- Car batch management based on account funds
- News Filter – Avoid trading on big market event days
- 100% non-martingale strategy
- Spread control – avoid trading in volatile markets
Recommendations
- Minimum balance of 1000$ stranded account
- Currency Pairs
- Low retracement currency pairs: EURCAD, EUR/USD, GBP/USD, GBPCAD, USDCAD
- Agressive pairs: AUD/USD, EURUSD, EURUSD, EURUSD, GBP/USD, GBPCAD, GBPNZD, GBP/USD, USDCAD
- Work best on M1 and M5 (work on any time frame)
- RED FOX EA must be online 24 hours a day , it is recommended to use VPS (reliable and trustworthy foreign exchange VPS – FXVM)
- Low Spread ECN accounts are also recommended ( find the best broker for you here )
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Important Notes:
- Having open trading for several days in drawdown is normal please wait patiently until Ea closes the position in profit.
- Do not manually close any open trades or do not trade manually on the same account, this will mess up the EA money management system
- Do not run any other indicators or robots on the same acc as Promax.
- Do not run the EA on accounts below $1000.
- News filter doesn't work in backtest
- Read More Virtuo Multi Trading EA – [Cost $856] – Free
ForexCracked.comRed-Fox-Smart-EA.zip
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