Profitability of AlgoFX Money confirmed MyFxbook
Any more or less experienced trader always buys those trading robots, the profitability of which is confirmed by the MyFxbook service. As for AlgoFX Money, the developer provided monitoring conducted on a LIVE account. It shows the profitability and other important performance indicators of this Forex expert. You can evaluate it yourself:
So, with the help of the MyFxbook service, we see that this Expert Advisor gives a fairly high profit with a slight trading drawdown. Now more about how the AlgoFx Money developer’s product works.
AlgoFX Money Trading Strategy
So, this bot works on three currency pairs: AUDCAD, NZDCAD, AUDNZD. Those who more or less understand the specifics of the movement of quotes of these currency pairs know that their quotes are in a flat most of the time. How does AlgoFX bot use it? He waits for the asset quotes to reach the extreme overbought / oversold level and makes a deal to reverse the price back to the average state.
If something goes wrong and quotes go against a previously opened position, AlgoFX Stellar makes an additional averaging trade, which allows you to bring open positions into total profit. Also, the adviser uses a martingale.
Those who are afraid of averaging and martingale should understand that this is dangerous, but at the same time very profitable. This is confirmed by the AlgoFX Money MyFxbook monitoring posted above, which shows excellent trading results.
Characteristics of the Algo FX Stellar:
- Trading strategy: price reversal trading using martingale and averaging
- Trading assets: NZDCAD, AUDCAD, AUDNZD.
- Timeframe for trading: M15
- Minimum capital to start: 500$
- Recommended leverage: from 1:100 and more
- Recommended account type: narrow spread (for scalping). We recommend RAW Spread account ICMarkets broker.
Every month this trading bot gives about 10-40% profit and this is a very good profitability! And another big benefit – AlgoFx Stellar works around the clock. It is quite active and will bring you profit even when you sleep. So, if you buy AlgoFX Money developer’s product, you will get a stable high income every day for many years. This is great and should be used!
We recommend this robot for beginner traders. It is very easy to use.
Subscribe
and get a lot of interesting things!
A little more about AlgoFX automated trading system
Are you tired of struggling with Forex trading and seeking a reliable solution to help you earn consistent profits? Look no further than the Algo FX Money Expert Advisor. Our powerful software works on multiple trading assets, offering maximum diversification and profit multiplication.
Our trading robot earns an impressive 10-40% profit per month, making it a highly profitable tool for traders seeking to increase their earnings. Our expert advisor’s trading operations are verified by an independent third party – MyFxbook, ensuring that our statistics are reliable and accurate.
Our user-friendly interface and fully automated trading capabilities make Algo FX Money EA accessible to traders of all levels, whether you’re a beginner or a professional. You can use our expert advisor for funded trading, FTMO challenges, or for your own enrichment.
With Algo FX Money Expert Advisor, you can say goodbye to the stress and uncertainty of manual trading. Our expert advisor takes care of everything for you, so you can focus on other important aspects of your life.
Don’t miss out on the opportunity to increase your Forex earnings with AlgoFX Money EA. Try it today and experience the power of automated trading like never before!
Christophe T –
AlgoFX Stellar is a great bot for MT4! Makes me money every day!! I recommend, friends!