- Any ECN account with a reputable broker with a stops level of zero, and this can be known easily from your Meta trader -> Market Watch -> XAUUSD -> right click -> Specification
- Broker allowance of expert advisor “EA/Robot” utilization.
- Eaglefx.com is a great choice of a broker due to convenient spreads, commissions and for offering the recommended leverage for the GOLD spot required for the auto trading service
- Spreads by no means will represent any issue or be an obstacle regardless how high it is as long as you have an ECN account with reputable broker.
- Slippages are meaningless since the strategy is not tick, or super scalping.
- Commissions will be always covered and no need to worry about it as long as its below $6 for every 1 standard lot.
- Usually no trades by any means are executed on days with major news releases.
- Trades carried on from previous days will be highly managed.
Answer : The robot is designed to trade on daily basis and open trades when the low risk, high probability setups for a trade occur.
You may find that there are days without any trades executed at all, and that is very normal.
- All you need to know is the basics of Meta Trader 4 in general, no previous trading experience needed, everyone can benefit from this, newbies and experienced traders.
- There is no PC minimum requirement or such super high internet speed is required, however, your PC or laptop should be always connected to the internet with your Meta Trader 4 platform opened and connected to the internet, otherwise you can purchase the cheapest VPS available, and more info about that will be included in the manual guide.
- No, you don’t need that once you have downloaded your copy and installed it correctly, it’s a set and forget approach.
- You can benefit from the auto trading service with an account as low as $1000.
- It will include your copy of the mirror robot lifetime license, a manual guide on how to install it and a one year of support, and lifetime updates.
- A complete manual guide on how you will do the correct setup and money management instructions.
- You will receive your robot copy and a PDF guide for how to install and set everything correctly within 12 to 24hrs from your purchase.