Automatic Forex EA
THE BIG FISH
This robot is capable of generating over 1000% annual returns!
Control of slippage
This Forex Expert Advisor scrutinizes all trades, preventing any deal that involve significant price slippage.
Spread filter
This robot halts trading when market spreads widen, making trading unprofitable for the user.
Stop Loss System
If things go awry, this Forex robot mitigates losses to prevent significant financial damage to the user.
Money management
This currency Expert Advisor assesses the risk level for each transaction. As profits grow, it proportionally increases the size of the trades.
Trend filter
This is a trend-following system where the Forex robot operates exclusively in the direction of the market trend, which is the safest strategy!
Real trading – real profit!
The BIG FISH Forex Expert Advisor operates fully automatically. Here are the results from testing this profitable Forex robot:
Developed for the MT4 platform
How The BIG FISH works?
All deals are protected
The BIG FISH FX Expert Advisor employs Stop Loss protection for every trade, ensuring your account is consistently safeguarded.
Best assets
Trading is exclusively conducted on stable and liquid assets, ensuring you avoid any surprises from non-market factors!
Easy to use
Using this FX Expert Advisor is extremely straightforward — simply install it in the chart window and click the trade button.
To minimize losses
If the market moves in the opposite direction, the transaction will be closed at the first available opportunity before reaching the Stop Loss (SL) level.
High profitability
The BIG FISH Forex Expert Advisor is capable of generating over 10-20% profit per month, making it an excellent tool for boosting your trading capital!
Сreate a portfolio
The BIG FISH Forex EA is compatible with other trading robots, allowing you to significantly diversify your trading outcomes!
Trend is our friend
The BIG FISH trading Forex software analyzes market trends and executes trades solely in the direction of the main market trend.
Scalping technology
The BIG FISH Trading EA utilizes a scalping strategy, which is among the most effective methods for trading on the Forex market.
Without a martingale
Our BIG FISH Expert Advisor does not employ high-risk strategies such as martingale. The strategy used by this robot is both safe and profitable!
Why do you need a Forex EA?
Like millions of others, you probably want to claim your share of the daily billions traded on the foreign exchange market. If you’re not skilled in professional manual trading strategies, your best option might be to use a Forex robot trader. This robot will operate automatically, generating profits for you without the need for constant monitoring.
While investing in various assets is another route, the returns from such investments are often minimal and might not meet your expectations. What you really need is a reliable currency Expert Advisor that can deliver 10 to 100% profit per month. Let’s explore how this can be a viable option for you.
Benefits of automatic trading:
Firstly, let’s discuss the benefits you can enjoy by selecting automated trading as your financial strategy and investing in one or more currency trading robots. Here are the advantages:
It doesn’t matter if you have no experience
The Forex Expert Advisor is designed for fully automatic trading, making it suitable whether you have trading experience or not. This program autonomously analyzes the market and generates profits for you. Therefore, if you’re looking to make money in the foreign exchange market but lack the experience or knowledge, don’t worry! A Forex robot is the perfect solution for achieving success effortlessly!
Multiplication of free capital
If you have a few hundred or a few thousand dollars to spare, put that money to work for you. A trading robot can significantly multiply these funds, providing a smart way to manage your capital. Optimize the growth of your money and see substantial returns in a short period! This approach is far more effective than mere investing, leaving your money in a bank deposit, or stashing it under your mattress!
There are numerous benefits to automated trading and using a trading robot at home, but the two factors we’ve outlined above should suffice! Lack experience? The trading robot will handle making money for you! Plus, you can begin with just a small deposit—the trading robot will work to grow your funds and enrich you. These are truly excellent conditions to start with!
The results of Forex robot software and what determines the size of their profits?
First, let’s explore the potential earnings from using automated trading experts. To decide whether such a tool is necessary for your trading platform, it’s essential to understand what Forex software can achieve.
An example of capital increase using a robot for currencies
There are trading robots that can bring from 10% to more than 100% profit per month. The profitability of this software depends on the following factors:
Dependence on the trading strategy they use
Understanding the potential profitability of Forex Expert Advisors is crucial, as it is one of the most significant factors influencing returns. There are various strategies with differing risk and reward profiles:
1. **Trend Strategies and Positional Trading**: These strategies typically yield 1% – 10% per month. They focus on long-term goals and tend to involve lower risks. While the profits are modest, the associated risks are also minimal.
2. **Scalping, Martingale, and Grid Strategies**: These more aggressive strategies can deliver returns ranging from 10% to 100% per month. While they offer the potential for substantial profits, they also carry a higher risk to your deposit, making them more volatile.
It’s difficult to definitively say which strategy is superior, as each trader has different risk tolerances and investment goals. We recommend using a diversified approach by combining different trading strategies. Creating a comprehensive trading portfolio with various robots that employ distinct strategies can help balance your overall risk and offset poorer performances with stronger gains. This diversified approach enhances your chances of achieving consistent results over time.
Dependence on the amount of risk in each deal of the Forex trading robot
Another crucial factor affecting the performance of your Forex Expert Advisor is the risk level, specifically the transaction size it handles. The amount of capital you have and the lot size your advisor trades with will significantly influence the profitability percentage.
For instance, if you possess a capital of $10,000 and your trading robot operates with a transaction size of 0.01 lots, its earnings potential will be limited, unlikely to exceed 1% per month regardless of effort. In contrast, trading with 0.1 to 0.5 lots on the same capital can markedly increase the profitability, potentially generating 30-100% profit per month.
However, it’s imperative to carefully consider the lot size for each trade. Higher lot sizes, while potentially more profitable, also increase the risk significantly. A loss on a small lot size such as 0.01 will not substantially impact your capital. Conversely, a trade with a 1 lot size could be catastrophic, potentially halving your deposit or worse if the market moves unfavorably.
Always balance the potential for higher returns against the increased risk, and consider using risk management tools such as stop-loss orders to protect your investment. This cautious approach will help safeguard your capital while allowing for profitable opportunities.
Dependence on the leverage provided by your broker
Leverage is another pivotal factor in forex trading that depends more on your broker than on you or your Forex robot trader. If your broker provides substantial leverage, such as 1:100 or greater, it effectively increases your trading capital on a conditional basis. This means that for every trade, the broker contributes additional capital, amplifying both the potential profit and risk.
To illustrate the impact of leverage more clearly, consider the following example: With the same transaction size, the results can vary significantly depending on the leverage and the initial capital:
- Leverage 1:100 with a lot size of 0.01 for a capital of $10,000** allows you to control a $1,000 position in the market (0.01 lot is typically 1,000 units of the base currency). Here, each pip movement would be worth roughly $0.10.
- Leverage 1:500 with a lot size of 0.01 for a capital of $2,000** allows you to control a $1,000 position as well, despite the smaller initial capital. The broker loans more money relative to your deposit, increasing the size of the position you can control to the same extent as with a higher initial capital at lower leverage.
This example demonstrates how leverage can compensate for a smaller deposit, making forex trading more accessible to those with limited funds. However, it’s essential to understand that while higher leverage can increase the potential for profit, it also raises the risk of larger losses. Therefore, managing leverage wisely and considering the use of risk mitigation strategies like stop-loss orders are crucial to protect your investment.
Example of trading robot deals on the platform:
How does robot Forex work?
Now that you understand the factors influencing your trading outcomes, let’s delve into how a currency trading robot, including The Big Fish Forex robot available on this page, operates.
Forex robot software gains entry to the financial markets via a platform linked to a broker’s server. Therefore, any trading robot configured on your platform autonomously accesses the financial market and conducts transactions on your behalf. Let’s explore this further.
Essentially, brokerage companies serve as intermediaries between the financial market and traders. They provide you access to these markets through their trading platforms. For the broker, it doesn’t matter who is executing the trades on this platform—whether it’s you or your Forex robot software, both are treated the same.
To access the market, a broker may offer a variety of trading conditions. The trader decides which conditions to utilize by selecting a specific type of account from the broker’s website. This choice is critical as it determines the terms under which the trader will operate.
Typically, it is advisable to select a trading account that offers a low floating spread and high leverage, ideally around 1:500. As mentioned earlier, ICMarkets is one broker that provides these favorable trading conditions.
If you decide to use a Forex robot, such as Robotforex, you’ll need to install it on the trading platform provided by your broker for market access. The most widely used platforms for this purpose are Metatrader 4 and Metatrader 5, which are the most popular forex trading platforms globally.
These platforms serve as a gateway, facilitating the connection between you (or your Forex robot) and the broker’s server. This setup allows for seamless integration and operation of your trading strategies through the robot.
Trading with a Forex robot is straightforward! It scrutinizes the quotation chart it’s set on, following the rules of its programmed trading strategy to execute trades. If the strategy is both good and profitable, you stand to make a profit. Additionally, the risk level of the strategy is crucial. A low-risk strategy means you can profit with minimal risk involved. It’s all quite logical!
What market do Forex robot softwares operate in? As you might guess, it’s the foreign exchange market. However, the scope here is broader than it initially appears. Today’s modern Forex brokers offer access not only to the foreign exchange market but also to cryptocurrencies, metals, commodities, stock indices, and company shares. So, once you’ve registered on a Forex broker’s website, you’re essentially able to trade across a wide array of markets. Despite this diversity, brokers’ primary focus remains on currencies, providing direct access to trade on currency pairs as their main offering.
What do robot for currencies look like?
A Forex robot is essentially a program file that cannot function independently. To operate, it must be installed on the trading platform provided by the broker with whom you have an account. This setup should be fairly straightforward.
The robot contains program code that defines a trading strategy. This strategy dictates how the Forex Expert Advisor analyzes quote charts, and executes various functions such as opening and closing trades, managing money, and applying filters.
For instance, if the robot utilizes a grid trading strategy, the Expert Advisor will create a grid of orders designed to profit based on mathematical principles. Alternatively, if it employs a scalping strategy, the robot will perform rapid trades or “scalps” to capture small profit points from fluctuations in price. Each strategy embedded in the robot caters to different trading styles and objectives.
Sven Eriksson –
BigFish is good but lacks some flexibility. It trades well on stable assets but could be improved with more responsive customer support and better handling of non-market factors
M Gomez –
Reliable in executing trend-following strategies. The EA performs well with a scalping approach, though it requires careful setting adjustments to optimize
Kenji Tanaka –
BigFish Forex EA is impressive in stable markets; it’s given me a consistent 10-15% monthly increase. The setup was easy, and it effectively manages money, escalating trade sizes with profits
E-Clark –
I appreciate the effort to limit slippage and manage spreads, but it doesn’t handle high volatility well, leading to occasional significant drawdowns