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Is it fully automated or you need to trigger trades manually
ReplyDeleteIt places trades on auto . So set it up on a VPS or a machine running round the clock with your forex mt4 account loaded and thats it. Now go about your daily life - work, family , holiday etc etc and the dosh rolls in without intervention.
DeleteMaskani is correct. It is fully automated and a VPS is recommended.
DeleteWhich broker is recommended and can this be used for Dax index trading on spread betting
ReplyDeleteHi Jitesh. It can be used on any instrument on mt4 and any broker using mt4 as platfrom of choice.
DeletePlatform not *platfrom*
DeleteHey Jithesh,i personally use LMFX but you can use any broker that allows hedging.
DeleteHi Larry. Brilliant review as always. Kinda wanted to know if this is a martingale / grid EA? As I can see it increases lot sizes for subsequent positions opened. Grid/ Martingale EAs are very risky incase the market trends non stop. If it is a scalping EA then it is simply amazing! though I saw that it has no stop loss placed or maybe it has a hidden one.
ReplyDeleteHi Maskani, i just checked the Agimat EA FAQ page and it states that it does always use a stop loss and take profit. Lots of EA's simply keep it hidden to avoid broker manipulation. I'm not sure about your first question. You might want to send the vendor a quick message. Just click "support ticket" at the top of their website and im sure they will get back to you quickly.
DeleteHey, i emailed the vendor and got an answer to the first part of your question. Its below..
Delete"The EA is neither a grid or martingale. Such systems are meant to fail.
The Agimat EA is a hedging system controlled by a neural network."