Low Risk EA is an automated Quick Trading EA that is Free to Download. It’s specially designed to trade Gold(XAUUSD). But from my testing, it worked well on EURUSD too. The indicators used in this expert have nothing to do with the standard indicators already available in the market, and It’s a completely proprietary indicator derived by a developer’s own strategy.
It does not use dangerous trading methods like martingale, grid, etc. In Gold, it executes 4-10 trades in a day, And in EURUSD, it executes one to two trades in a day. It doesn’t open more than one trade at a time and doesn’t than one minute. A slight Stop Loss always protects all transactions, and as a TakeProfit profit, This Low Drawdown EA uses a slight trailing stop loss.
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, please Make yourself familiar with and understand how this Low Risk Robot works, then only use it in a real account.
Recommendations for this Low Risk EA
- Minimum account balance of 300$ for Gold and 100$ for other currency pairs.
- Work best on XAUUSD, and EURUSD. (Work on any pair)
- Work Best on M1 TimeFrames. (Work on any time frame)
- it’s susceptible to slippage, spread, and slow execution.
- This Low Drawdown Robot 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 Recommended (Find the Perfect Broker For You Here)