Tik Capital Bot is an automated MT4 Forex Bot that is Free to Download. Although the developer hasn’t provided much information about the EA, the system seems to incorporate the stochastic oscillator and moving averages into its operations.
The stochastic oscillator is a popular tool traders use to identify potential overbought or oversold conditions, suggesting a possible price reversal. On the other hand, moving averages can help discern trends in the market. The combination of these two tools suggests that Tik Capital EA might be employing a blend of trend-following and mean-reversion strategies. However, the developer has not provided explicit confirmation.
According to the developer, the Tik Capital Bot comes equipped with a ‘news filter.’ This feature could help the bot avoid trading during high volatility periods typically induced by significant financial news events if correctly implemented. However, this feature is missing from this EA even though the developer mentions it in the EA.
This MT4 Forex Bot brings a range of standard features. It also has preset rules for applying stop loss (SL), take profit (TP), and trailing stop loss (TSL). These features collectively aim to manage risk and enhance profit potential, although their efficiency would depend on the accuracy of the bot’s trading signals.
It does incorporate a Hedging strategy slightly, but it does not use martingale and grid. It executes about 3 -7 trades a day, and trade could be kept open for more than a day or two. All transactions are always protected by a Stop Loss and take profit.
The Tik Capital Bot adheres to a risk management ratio of 1:3, as indicated by the developer. This implies that the bot is designed to target three units of potential profit for each unit of potential loss. Additionally, it is said to open between three to seven trades per day, although the performance outcomes of these trades are not explicitly mentioned.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how this Tik Capital EA works, then only use it in a real account.
Recommendations for Tik Capital Bot
- Minimum account balance of 200$.
- Work best on EURUSD and XAUUSD (Work on any pair)
- Work best on M5, M15, H1 TimeFrames. (Work on any TImeframe)
- This Tik Capital Bot should work on VPS without interruption. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – NewYorkCityServers.com)
- Work on any account (Find the Perfect Broker For You)
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Conclusion of MT4 Forex Bot
In summary, the MT4 Forex Bot incorporates several common functionalities in automated trading tools. It’s designed to streamline the trading process by automating order execution and risk management. While the developer’s information about the bot is somewhat limited. As with any trading tool, potential users should seek to understand the bot’s operations thoroughly before integrating it into their trading approach.
thank for share.
but… I tried many tweaks and this EA is not good enough to use.
Thanks for the EA
Not profitable
Can you guys recommend something for beginner?
All I can see among those EA’s is:
– not working
– working on demo only
– got expity date
and so on.
I would love to get ONE EA that works stable.
Thanks!
F.
Unfortunately, the only profitable EAs that work for me are the martingale models. That is to say the EAs with high risk to operate. But if you are on a broker with a VERY TIGHT SPREAD during the hours of 11pm to 1am (GMT London), I suggest trying the Night Shot EA. Look for it on this site and you will find it. Night Shot EA is a Non-Martingale EA with defined SL and TK and does not use risky methods, but only works with LOW SPREADS. Good luck!
It’s true , the martingala under control , is the unique way
Thx very much!
I will try it.
Hi Flash, which EA is working on demo only? does it has a good result ? i can fix it to work on real account
it did what you said. I use ToborFx and US30 Scalper 1.8 and they are both profitable in the long term. you just have to let him work on the account
I also used Tickcapitalbot2.0 Bull Shit it always blows accounts just shit ea