Vibrix Price Action Robot
Vibrix EA is an automatic price action EA that you can download for free. Specially designed for trading Gold (XAUUSD).
However, according to my testing, it worked fine with EURUSD as well.
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Read AlsoHow This Forex robot work?
The Vibrix Group EA is 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 in making trading decisions. It is a popular strategy among traders as it relies on the market itself rather than lagging indicators or other technical tools.
Vibrix EA uses neuronets to calculate buy and sell signals and execute price action strategies. A neuronet is a type of artificial neural network that models the structure and function of the human brain. 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.
The “Neuronet” part is basically marketing material made by the developer and there is nothing like that in this EA. An indicator was developed to create a neuronet that drives the Vibrix Group EA. The indicator uses Moving Averages, Bollinger Bands, Relative Strength Index (RSI), and MACD to generate accurate buy and sell signals, which are used by ‘Neuronet’ for trading decisions.
We do not use risky trading methods such as martingale or grid. The Price Action EA is designed to provide low and safe drawdowns with 95% to 99% profit on every order. This is achieved through a carefully calibrated risk management system that considers account size, trading volume, and market conditions.
Another advantage of using the Vibrix EA is that traders can increase their lot size and risk to increase their monthly profit. This is achieved through a scaling system that takes into account the performance of previous trades and adjusts lot sizes accordingly. This means that traders can take advantage of market opportunities without risking more than they can afford to lose.
Conclusion
In summary, this EA is an innovative trading bot that uses price action strategies and neuronets to generate consistent profits with low risk. By avoiding risky strategies such as grids and martingale, Vibrix Group EA is able to produce impressive results with minimal drawdowns.
Test for at least a week on a demo account first. Also, please familiarize yourself with this price action robot and understand how it works before using it on real accounts only.
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Read AlsoSuggestions for this Price Action EA
- The minimum account balance is $200.
- According to the developer, this Forex EA can Work best with XAUUSD and EURUSD.
- It works best on higher timeframes such as the H1 timeframe. (Able to work regardless of time zone)
- This price action EA requires low latency to be profitable. So we recommend you run this free forex robot on a trusted VPS Server (rusted FOREX VPS – FXVM)
- Highly recommend using an account with low spreads, slippage, and fast order execution for XAUUSD.(Find your perfect broker here)
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