RED FOX EA is a fully automated forex robot usually being sold for 266$. This free forex robot is designed by the same developers that made Promax Gold EA. RED FOX EA is designed for traders who would like to have low drawdown and steady growth on their profit. Its has both low drawdown and aggressive setting which users can select.
- Below 9% drawdown per pair with low drawdown setting – All pairs overall drawdown below 18%
- Below 15% Drawdown per pair for aggressive setting – All pairs overall drawdown below 38%
- 10% to 28% Monthly profit on low drawdown setting
- 17% to 48% Monthly profit on aggressive setting
- Auto lot management based on account fund
- News Filter – To avoid trading on big market event days
- 100% Non Martingale Strategy
- Spread control – to avoid trading in volatile market
- Minimum balance of 1000$ stranded account
- Currency Pairs
- Low Drawdown pairs: EURCAD, EURUSD, GBPUSD, GBPCAD, USDCAD
- Agressive pairs: AUDUSD, EURAUD, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPNZD, GBPUSD, USDCAD
- Work best on M1 and M5 (Work on any time frame)
- RED FOX EA must be online 24 hours, Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
- Having open trades for few days in drawdown is normal and please be patient until Ea closes them in Profit.
- Do not close any open trades manually or Do Not trade manually on the same acc, it will mess up the EA money management system
- Do not run any other indicators or robots on the same acc as Promax is running.
- Do not run the EA on an account below 1000 USD.
- News Filter doesn’t work on backtest