Expert Advisor Recommendation
- Account Lavarage 1:500
- Asset : USDCHF, GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, EURGBP, EURAUD, EURCHF, EURJPY, AUDNZD, AUDCAD, AUDCHF, EURNZD, NZDUSD, NZDCAD, NZDCHF, NZDJPY
- TF : M15
- Min Deposit : 500USD
- Trading Hours : 24/7
The Money Tree Robot Description
The The Money Tree Robot trades infrequently, closely waiting for entry points, and does not use dangerous methods such as martingale, grid, or hedging. When all the conditions for trading are met, the adviser opens an order with a TP of about 10 points, while there is an SL, but it is hidden and works at a distance of about 50 points.
I did some backtests for myself and found out that the adviser really shows good results when testing, besides, there are verified trading statistics, which inspires even more confidence, and the adviser conducts calm measured trading, I personally like such approaches. In the settings of the adviser, too, there is not much to change except for the lot size, the developer recommends setting the following risk:
$500 and LESS:
Low Risk = 0.01 to 0.02
LotSize Medium Risk = 0.04 to 0.08
LotSize High Risk = 0.1 to 0.2 Lot Size
$1,000 – $2,000:
Low Risk = 0.02 to 0.05
Medium Risk = 0.06 to 0.2
High Risk = 0.4 to 0.8
$3,000 – $5,000:
Low Risk = 0.05 to 0.1
Medium Risk = 0.2 to 0.4
High Risk = 0.8 to 1
Everything looks quite good and beautiful, but I recommend that you first test the adviser on a demo account or better on a cent account for at least two months, after which if the result satisfies you, bet on a real account with low-risk settings, if everything goes well you can always increase the risk in future
The Money Tree Robot Setting
The Money Tree Robot Back-test Result
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It’s the same EA of “Easy Money”….