Forex Armor EA is a fully automated price action based Safe MT4 EA usually sold for 649$. It trades best on higher timeframes and doesn’t trade often. On average no more than 1 to 3 trades a week.
If a deal goes in the opposite direction, EA opens an additional order averaging. While the EA doesn’t use martingale, it does utilize the grid method but only max five trades at once(adjustable on input parameters). Also worth noting is that the orders are on the market for a short time only (around 1 to 3 days).
This is Version 1 of the EA, and It uses Double OsMA and price action-based signal for its trading strategy. When the trend turns in the opposite direction, the EA will start its smart averaging strategy without martingale. There is also a V2 which uses a combination of the grid, hedging, and martingale(It’s not available here).
Please test in a demo account first for at least a week. Also, Make yourself familiar with and understand how Forex Armor Robot works, then only use it in a real account.
Recommendations for Forex Armor Safe MT4 EA
- Minimum Account balance of 100$(Risky), 300$(Minimum recommended), 500$(Safe), or equivalent cent account.
- Work Best on EURUSD, GBPJPY, and GBPUSD(Work on any currency pair)
- Work best on H1 and H4 TimeFrames(Work on any time frame)
- To reach stable results, the Forex Armor Safe MT4 EA should work 24/7. So we recommend running this free forex EA on a VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)