2_5stars

4X ATM

single_review

The 4X ATM EA has been touted as being an EA that will “TEAR money out of the Forex markets with minimal risk and maximum profit” so you can understand why I was just a little bit skeptical when I first encountered this robot.

The good news is that after testing it out for myself I was pleasantly surprised to find that this little robot may have what it takes to topple the robots at the top of our leaderboard.

CLICK HERE TO LEARN MORE ABOUT THE 4X ATM EA

Let me tell you a little more about 4X ATM and why I think this is soon going to be the bot to beat on our leaderboard.

The EA was designed and developed by a programmer called Alex Polenko who is based in Russia who depends soley on Forex trading for his income. Creating an EA that does it all for him was the next logical step in the process and he ended up with the 4X ATM EA.

The system behind the EA is actually quite easy to understand. There is no big mystery behind it and it applies simple trading logic to find opportunities to enter buy and sell trades.

CLICK HERE TO LEARN MORE ABOUT THE 4X ATM EA

Contrary to what many beginners believe, you don’t need a sophisticated/complicated strategy to be successful in Forex. The movement of the markets is dictated by the demand and supply of those trading in the markets. If enough people are following the basic fundamental rules of trading then a good portion of the time the market will do as such.

4X ATM is built upon a special combination of Moving Averages, Parabolic SAR, and Price Action.

The proper use of these indicators/methods together with good risk and trade management principles allow this EA to be so successful.

CLICK HERE TO LEARN MORE ABOUT THE 4X ATM EA

The strategy is also designed to work on non EURO pairs so we can avoid all the crazy EURO crisis troubles. There are still plenty of trades to be had as this EA can be traded on the AUD, CAD, USD and JPY currency pairs.

The time frames that can be traded are the 1 Hour and 15 Minute charts. There are only 3 parameters that can be set on the EA itself making this probably the easiest EA to configure by a long shot.

The EA has risk management principles built in to it with the key concept being the fact that if we win more than 50% of the time, then we have nothing to worry about.

Most importantly, trades are carefully managed using the indicators used in the system. The indicators are also used to determine appropriate stop loss and take profit levels. There is also a built in trailing stop to catch profits if a reversal occurs.

CLICK HERE TO LEARN MORE ABOUT THE 4X ATM EA

The EA also uses Dynamic stops and take profits. I’m a big fan of this method as it has been proven to be a highly effective method of managing a trade. This means that the EA also has built-in stop loss hunting protection from brokers.

Stop loss and take profit levels are reasonable and usually within the 1:1 ratio. The great thing about this EA is that the Stop loss is never huge like with most robots out there. Essentially, it exercises safer trade management meaning you’re less likely to blow your account by trading with this EA.

4X ATM has risk management built in to scale up and down your lot sizes per trade depending on market conditions, margin, equity, etc. It allows you to set the appropriate risk you want to trade with giving you the ability to climb faster or slower.

CLICK HERE TO LEARN MORE ABOUT THE 4X ATM EA

This EA is backed up by half a dozen live account statements that go back to January 2011, that will give you a really good idea of the performance you can achieve with this EA.

The EA comes with 24/7 customer support and there’s also a full money back guarantee if you are not entirely satisfied with this robot. You also get 30 days access to a top VPS service, plus a 30% deposit match when you make a deposit into your trading account.

So, all in all, I’ve been impressed with this robot and what it has to offer so I would strongly recommend that you try it out for yourself.

CLICK HERE TO LEARN MORE ABOUT THE 4X ATM EA

If you’ve used this EA please feel free to share your experience with us by leaving a comment in the form below.

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