Free Forex Robot Results: Which ones I'm trading in 2024
In this video, we are diving into the performance of 5 free Forex robots sourced from the MQL 5 Marketplace. Despite the current negative balance, it's crucial to note that not all robots have underperformed. Through meticulous tracking on MyFxBook, we'll uncover the standout performers and discuss their potential for transitioning to live trading.
Let's start by reviewing the performance of each bot:
Shuttle Runner: Initially promising, but after incurring losses amounting to 4.56% or $456, it was withdrawn from the account. Remember, thorough testing on demo accounts is imperative before considering live trading.
BOTAGI: Despite an impressive initial surge, BOTAGI's strategy, marked by a large stop loss and small take profit, resulted in significant losses, with a single trade wiping over $1,000. Consequently, it's deemed unsuitable for live trading.
Stratos Bora: Showing potential with a modest profit of 0.46% or $46 within a short span, Stratos Bora's advanced features make it a candidate for further exploration. Stay tuned for a comprehensive guide on leveraging its capabilities.
Cadence FX: Cadence FX has demonstrated consistent profitability with two different sets of trades, one on USD/CAD and the other on AUD/CAD. Its low drawdown and impressive gains make it a strong contender for live trading, utilizing set files provided on YouTube and Patreon.
BF News Trader: Unfortunately, BF News Trader couldn't perform optimally due to limitations in the demo account environment, resulting in its removal from consideration.
If there are other robots you'd like us to explore, drop your suggestions in the comments below.
Channel Recommendations:
FBS Trading: https://bit.ly/fbsdepositbonus
RoboForex Bonus: https://bit.ly/sicroboforexbonus
Expert Advisor Studio: https://bit.ly/sicforexeastudio
FTMO Course: https://bit.ly/siccompleteftmocourse
FTMO Robot: https://bit.ly/sicforexftmobot
Best Affordable VPS: https://bit.ly/dipsgatevps3fCxS78
Forex Trading Robot Personal Set Files: https://www.patreon.com/SICForexTrading
Forex Trading For Beginners Course: https://bit.ly/pyttradingcourse
Free Set Files: https://drive.google.com/drive..../folders/1WKzr07pilb
Thank you for watching and feel free to comment with any questions!
@sicforex
Risk Disclaimer:
All information in this video is for educational purposes only and does not constitute investment advice or a solicitation to buy or sell any financial instrument. Trading may expose you to a risk of loss greater than your deposits and is only suitable for experienced investors with sufficient financial means to bear such risk. Don't risk money that you are not willing to lose.
DISCLAIMER: Some links included in the description might be affiliate links. So I might receive a small commission if you use my links. But there is no additional charge for you! Thanks for supporting my channel.
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