Q: How much money can I make with this bot?
A: It depends on trading volume. This bot gets an average of 10 pips and around 1-2 trades a trading day. While not much, this bot specializes in consistent profitability and in all market conditions and over time – a slow and steady money maker. After all, steadiness in Forex trading is the most important factor.
Q: How to use this bot?
A: This is an EA, or Expert Advisor, – a trading bot that can be used on the most popular Forex trading platform – MetaTrader (4/5). You need a Forex trading account with a Forex broker and be using the aforementioned trading platfom. After purchase you will need to provide your MetaTrader account numbe. You get a copy of the bot that is yours to trade with forever.
Q: Do you offer a money back guarantee?
A: Certainly! A full 30-day 100% money back guarantee is in place. Just ask, and you will be refunded in full. Please note though that if you request a refund, you will not be able to use the bot on either a live or demo account anymore.
Q: How do I get the bot?
A: After purchase, you will be able to download the bot file instantly. On the same page, you will be asked to submit the MetaTrader account number with which you would like to use the bot, once submitted you will be able to use the bot right away without further delays.
Q: Are there any hidden fees involved?
A: Absolutely not! You pay once and the bot is yours to trade with forever.
Q: Do I have to keep the computer on all the time for using this bot?
A: It is preferred that you do during business days as the bot monitors it’s open trades all the time. However, should you choose to switch your computer off, trade monitoring will resume as soon as you switch the computer and bot on again. Also all trades are protected by a dynamic take profit and stop loss, which are executed on the broker’s servers and therefore provide an extra layer of security even when your computer is off.
Q: Can I use this bot on crypto/indexes/binary options?
A: No. This bot is a Forex only bot.
Q: Why is the lot size setting capped?
A: This is done by design as a safety precaution. If you are an experienced Forex trader and would like to trade with higher volumes, please contact us after purchasing and we will send you a customized version of the bot.
Q: With which brokers can I use this bot?
A: Since the trade operations of this bot are pretty basic, you can use this bot on any proper Forex broker that allows automatic trading and supports the MetaTrader platform.
Q: Can I use this bot on MetaTrader mobile?
A: No. Currently, MetaTrader does not support trading bots on it’s mobile apps.
Q: With what minimum amount of money can I trade with this bot?
A: It depends on your trading volume. If trading with 0.01 lots, even as low as $100 USD can be enough, however $250-$500 USD are reccommended.
Q: What leverage is reccommended for this bot?
A: Well, it depends on your trading budget. As low as 1:20 can be used if you have the funds, but it really doesn’t matter so long that you set the TradingLots setting in the bot responsibly.
Q: Do you provide any tech support after the purchase?
A: Of course! We will provide you with enough tech support to get the bot up and running on your MetaTrader application if any issues would arise – which seldom happens.
Q: On how many accounts can I use the bot?
A: Once purchased, you can use the bot on 1 account idefinitely and can change it whenever you like for free. This can be either a demo or live account. For any more accounts, you will be able to pay a reduced price upon request.
Q: Can I get a Metatrader tester version of your bot?
A: Sure, please contact us and we will send you one. Please not that given this is a multi-currency EA bot, it can be tested inly in MT5, since MT4 does not support testing multi-currency EAs – though live trading is totally fine.
Q: I’m a begginer/Can I start with a demo account?
A: Sure! This is the most trader friendly bot there is. Easiest to install and trade with – fully automatic.
Q: Are there any recommended settings for the bot?
A: Yes, please use only the 15 Minute timeframes with this bot. Other than that, this bot can be attached to any chart and you are good to go. EURUSD is reccommended for maximum market uptime.
Q: What about updates?
A: You will get free updates forever after purchasing the bot. The bot will automatically check for important updates by checking in with ForexCanny.com’s server each time you start it, so it is recommended to restart the bot at least once a week. The bot will notify you to download a new version if available. You can do so on your personal page that you obtain after purchase.
Q: Is there a catch?
A: No. The trading style of the bot can be seen as slow – there aren’t many trades, 1-2 trades a trading day on average. Also there aren’t many pips, around 10 a trading day on average. There are can stretches of time when there are no trades for a week or so. Also stretches with little to no profit, sometimes for a couple of months but that is rare and is always followed by that much more profit – times as such have more of a break even nature rather than lossy as can be observed on the chart. All in all, it’s profit stability over time – over years is what this bot is for – a slow and steady investment to back you up in all else you do in life.
For any other questions please contact us and we will gladly help out! Thank you.