For some traders who have a busy schedule, using forex robots for android is one of the most popular ways. This is because the robot can help you keep trading without having to monitor the screen all day long.
But apparently, choosing a trading robot is not an easy matter. There are many considerations that you have to do before deciding to use one of them. That's because if you choose the wrong robot, you might receive a big loss.
The best forex robot in Indonesia is an expert advisor that is compatible with the best forex broker and trading platform so that traders can easily use it. The following is a list of the best expert advisors reported by Forex Robot Nation who have passed the backtest and forward tests.
EA Forex Fury is One of the Best Forex Robots for Android
Reporting from the Forex Fury website, EA Forex Fury has been tested backtest for 15 years. Forex Fury also provides EAs for various forex pairs, so you can freely choose your favorite forex pair.
With a low-risk trading strategy, EA Forex Fury has a claim to experience a drawdown of below 20%. This forex robot also works very well on the MT4 and MT5 trading platforms with a wide variety of forex brokers. Forex Fury has filter technology that is useful to avoid bad market conditions.
EA Forex Flex with 12 Trading Strategies
EA Forex Flex is one of forex robots for android specially made using Virtual Trade as a reference. This forex robot is available on the MT4 platform and provides 12 different strategies that can be used when trading.
The Virtual Trade feature is able to make this forex robot open a position that can determine the best entry-level with a certain algorithm. One of the superior features of this robot is the Precision Entry Point which is able to filter the positions that are opened.
EA Flex will open six different trading positions virtually before determining the most appropriate level to enter the market.
You can also try this forex robot through a demo account that is available through the robot developer. You can see the performance of this robot based on the level of profit, drawdown, and the number of pips listed in the EA Flex backtests performance.
GPS Forex Robot for Android
GPS Forex Robot has gone through the development cycle many times to have the most recent application and has the newest application. This forex robot has proven to be able to adapt to all market conditions and is able to use various strategies needed by traders.
This forex robot is often touted as a trading robot suitable for beginners and is able to generate returns of around 300% in less than 3 years. The ranking of the list of the best forex robots for android is based on analysis using seven indicators on a trading account on Myfxbook such as gain and drawdown.
Actually, all EAs have the potential to become profitable forex trading robots. However, you also have to remember that there are several factors that can cause a loss or loss of profit. However, don't worry, a well-performing forex robot will be able to rise from the temporary drawdown, then achieve consistent profits to approach the ideal standard you expect.
Don't be easily fooled by robot advertisements that promise multiple benefits. Learn the basics of forex first with the Didimax forex broker so you can get trading results according to your expectations.
You also need to learn each of the advantages and disadvantages of the robot that you are considering. Choosing forex robots for android cannot be done without research because it can affect your trading performance and cause losses.