Fondex HFT EA is an automated High Frequency EA that is Free to Download. This EA works based on HFT (high-frequency trading) algorithm. This Robot is specially designed to work extremely fast and do high frequency trading.
It is designed to work on TimeFrame M1 or M5, and both are equally successful. It works best in highly volatile markets, so it’s best on GBPUSD, GBPJPY, and USDJPY. The default settings of this EA are optimized for these pairs and TimeFrames. It is enough to just drag/drop on the chart, and everything is set and forget This EA has a very small DD and makes a profit quite quickly.
It does not use dangerous trading methods like martingale, grid, etc. So, if there is no liquidity in the market, there is no trade. Sometimes it executes 12-16 trades in a week and sometimes 2-6 trades. So From this, it is clear that it needs massive liquidity in the market. HFT EA also can go days without taking any trades and doesn’t open more than one trade at a time.
It can trade with a fixed lot or use an auto lot and increase the size of the transaction automatically according to the specified criteria. The maximum drawdown percentage is low for this EA, which allows using this adviser on a small deposit.
Please test in a demo account first for at least a week. Also, Make yourself familiar with and understand how this High Frequency Robot works, then only use it in a real account.
Recommendations for this High Frequency EA
- Minimum account balance of 100$.
- Work best on GBPUSD, GBPJPY, USDJPY, and EURUSD. (Work on any pair)
- Work best on M1 and M5 TimeFrames. (Work on any time frame)
- it’s susceptible to slippage, spread, and slow execution.
- This Fondex EA should work on VPS without any interruption with low latency to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread, Slippage, and quick execution account is also Highly Recommended (Find the Perfect Broker For You Here)