Vibrix Price Action EA Forex Robot is an automated Price Action EA that is Free to Download. It’s specially designed to trade Gold(XAUUSD). But from my testing, it worked well on EURUSD too.
Vibrix Group EA has been designed to trade using the Price Action strategy. This strategy involves analyzing the price movements of a particular asset to identify patterns and trends that can be used to make trading decisions. It is a popular strategy among traders because it relies on the market itself rather than on lagging indicators or other technical tools.
The Vibrix EA uses a neuronet to calculate Buy/Sell signals to execute the Price Action strategy. A neuronet is a type of artificial neural network modeled after the human brain’s structure and function. It can be trained to recognize patterns and make predictions based on large amounts of data, making it an ideal tool for analyzing market price movements. I guess the “neuronet” part is basically marketing stuff made up by the developer, and there is no such thing in this EA.
To create the neuronet that powers the Vibrix Group EA, an indicator was developed. This indicator uses Moving averages, Bolinger bands, Relative strength index(RSI), and MACD to generate accurate Buy/Sell signals that are then used by the “neuronet” to make trading decisions.
It does not use dangerous trading methods like martingale, grid, etc. Price Action EA is designed to deliver low and safe drawdowns, with profits of between 95% and 99% on each order. This is achieved using a carefully calibrated risk management system that considers account size, trading volume, and market conditions.
Another benefit of using the Vibrix EA is that it allows traders to increase their lot size and risk to increase their monthly profits. This is achieved using a scaling system that considers previous trades’ performance and adjusts the lot size accordingly. This means traders can take advantage of market opportunities without risking more than they can afford to lose.
In conclusion, this EA is an innovative trading robot that uses the Price Action strategy and a neuronet to deliver consistent profits with low risk. By avoiding risky strategies like grid and martingale, the Vibrix Group EA is able to achieve impressive results while keeping drawdowns to a minimum.
Please test in a demo account first for at least a week. Also, pleas
Recommendations for this Price Action EA
Minimum account balance of 200$.
Work best on XAUUSD, and EURUSD. (Work on any pair)
Work Best on higher time frames such as H1 TimeFrames. (Work on any time frame)
This Price Action EA should work on VPS without any interruption to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
Any broker that allows trading Gold(XAUUSD) is Recommended