Good Morning Ultimate Forex Robot is an automated Day Trading EA Free to Download. The adviser is designed to use a day trading strategy and it has around 5%-10% Monthly account growth. It trades on a specific trading time which you can adjust in the settings.
It does not use dangerous trading methods like martingale, grid, etc and all transactions are always protected by Stop Loss and Take Profit. It only makes 1-2 transactions a week. Also Good Morning Ultimate EA doesn’t trade on Monday mornings and doesn’t carry over the position through the weekend.
Good Morning EA was backtested with many months of data and successfully passed multiple stress testing and passes every month with a very favorable profit/drawdown ratio. According to developers, it doesn’t require any parameters optimization since it comes out of the box optimized. But you can change input parameters and optimize them to your need.
Recommendations for Good Morning Ultimate EA
Minimum account balance of 100$ for 0.01 Lot. (make sure to adjust the lot in the EA settings for your deposit, by default it is trading with a lot of 0.1, which corresponds to a deposit of $1000 for each currency pair, if your deposit is $100, you will set a lot of 0.01)
Work only on USDJPY, GBPJPY, EURJPY, NZDJPY, AUDJPY. (Recommend running on all pairs at the same time for best result)
Work only on M5 TimeFrames. (Work on any time frame)
For best performance, this Good Morning Ultimate EA should be online 24 hours and should run on a low latency VPS. Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
Low Spread ECN account is also Highly Recommended