EA introduce:
this forex robot is created based on support and resistance strategies. the forex robot trades in the distribution market, so the profit per transaction can be the largest. you know there are three types of market stages in the forex market, accumulation, manipulation and distribution. usually, during the distribution phase, the market changes most and you can get more points from the market. the robot also places pending orders at the support point and resistance point. if the pending order is not triggered, the bot will delete the pending order. smart currency content and order block strategies are also implemented into this forex robot, which is an algorithm run by market makers. this forex robot is only suitable for mt4 platform. you can download any broker mt4 platform to use this forex robot. robot creator suggests gbp /usd pair. H1 the time frame is best for this forex robot. there is no forex robot without a drawdown. just like a manual forex strategy, when you use any forex robot, you will encounter more or less some drawdowns. the backtest data is very good.
GBPUSD: trading currency: GBPUSD EURUSD XAUUSD (recommend XAUUSD) trading cycle: H1 trading time: all day funding requirements: usd 500
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