A dangerous Expert Advisor with excellent deposit growth rates – EA Smart Machine free download is the topic of our new review. See the download link at the bottom of this page. Today we will tell you everything about this Expert Advisor. Read this page to the end and you will know exactly how much you need this Forex expert advisor. A dangerous advisor with excellent deposit growth rates – EA Smart Machine free download is the topic of our new review. See the download link at the bottom of this page. Today we will tell you everything about this Expert Advisor. Read this page to the end and you will know exactly how much you need this Forex Expert Advisor.
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EA Smart Machine review
So, Smart Machine EA is a dangerous Forex trading robot that uses martingale and averaging. This is the first thing you need to understand before you decide to install this Expert Advisor on your trading account. Yes, it shows many thousand percent of profit on a real account:
However, the grid and martingale is a condition under which profits grow quickly and the risks of losing capital are also great. However, we know many cases in which advisors with dangerous strategies have been successfully used on real accounts for many years and give a stable profit every day. So we’re not saying it can’t be used. We are talking about the fact that you must be extremely careful.
Specifications are quite adequate. This is a multi-currency Expert Advisor, which makes the main profit on the EURUSD currency pair. As you can see in the layout of assets for trading MyFxbook EA Smart Machine earned the maximum profit on this particular currency pair. Although, you can see that GBPUSD and other currency pairs are present in the trading portfolio.
Trading is conducted around the clock and the main working hours are the European and American sessions.
As for the average time of holding transactions in the market, it is from 15 to 60 minutes. Although some transactions hang in the market for more than 1 day.
The EA Smart Machine free download trading strategy is trading in the direction of the trend. The first deal in a series of orders is concluded in accordance with the signal of a set of technical indicators. If quotes do not go in the right direction, Smart Machine makes additional averaging trades, gradually increasing the size of the trading lot. That is, it uses both the averaging and martingale algorithms.
As you can see, the profitability graph is quite flat and growing rapidly. This suggests that the trading tactics used are quite effective.
Average Win: 6.05 pips/Average Loss: -15.08 pips is the profit/loss ratio in which the average size of a losing trade is 2 times larger than a profitable one. Given that the EA holds trading positions for less than 60 minutes, we can say that the Smart Machine expert advisor is a scalper. So, to use it, you need an ECN account, that is, an account type with a very narrow spread.
The minimum deposit to start is $1000. However, the less money you have in your account, the greater your trading risks. The indicated amount of funds is a minimum and it is not enough to use EA Smart Machine free download in multi-currency mode.
Also, we advise you to withdraw the first profit from the account immediately after the adviser doubles the capital in your account. According to trading statistics, EA Smart Machine will double the money in your account every 4-5 months.
So, after doubling your deposit, withdraw all profits from your trading account. In this case, you will withdraw the entire amount of your initial investment and then you will be able to receive only pure profit without risks.
How to use EA Smart Machine free download correctly
- Minimum capital to start trading: $1000
- Minimum leverage: 1:500 or more
- Timeframe to use: М5
- Trading hours – around the clock
- Trading assets: EURUSD and GBPUSD (also, you can try other assets from the table above)
- The recommended broker for trading is any ECN broker. We traditionally recommend ICMarkets, which we personally use.
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RATING ON TRUSTPILOT 4.9/5
Our opinion on EA Smart Machine
We see huge percentages of growth and this suggests that the adviser is worthy of attention. We see a dangerous way to trade – this suggests that you need to be extremely careful. Our recommendation is to try using EA Smart Machine free download on a demo account for 3-5 months. Study his way of trading visually. You will be able to understand the trading style of this Forex robot. And of course, when you switch to a real account, then withdraw 100% of the profit immediately after doubling the deposit. So you can protect your capital from loss!