Also, please Make yourself familiar with and understand how this Low Risk Robot works, then only use it in a real account. Please test in a demo account first for at least a week. The maximum drawdown percentage is low for this EA, which allows using this adviser on a small deposit. Drawdown is a difference between some local maximum point on your balance chart and the next following minimum point in that chart. It can trade with a fixed lot or use an auto lot and increase the size of the transaction automatically according to the specified criteria. FTMO developed a unique 2-step Evaluation Course for traders. A slight Stop Loss always protects all transactions, and as a TakeProfit profit, This Low Drawdown EA uses a slight trailing stop loss. It doesn’t open more than one trade at a time and doesn’t than one minute. This is just impossible for human who trading manually even if he is professional. Some robots can catch the price fluctuation over a period of 2 seconds and have time to take the profit. In Gold, it executes 4-10 trades in a day, And in EURUSD, it executes one to two trades in a day. The Expert Advisor software algorithms have very different ranges of the drawdown, for example from 2 to 65 - it all depends on the strategy which you chosen. It does not use dangerous trading methods like martingale, grid, etc. The indicators used in this expert have nothing to do with the standard indicators already available in the market, and It’s a completely proprietary indicator derived by a developer’s own strategy. Forex Drawdown of a trading system is defined as the distance between the maximum and the minimum in the equity of a period, ie it is the worst streak of. But from my testing, it worked well on EURUSD too. In forex trading, drawdown also shows the difference between high and low point. Equityv7 allows to calculate the maximum drawdown by the equity and the recovery factor. It uses account history and current open positions for updating the chart. Drawdown appears in your trading activities when your investment goes down and reduces gradually. The indicator works in real mode to draw the equity line of your account as you trade. If we talk about forex, here drawdown shows the depletion of equity of a trader’s portfolio or trading account. It’s specially designed to trade Gold(XAUUSD). In economics, there are many definitions of drawdown. Low Risk EA is an automated Quick Trading EA that is Free to Download.
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