In this post I will be reviewing the Forex MasterBot Expert Advisor. Leading with the headline “Start as Apprentice, become a Master” it certainly does that by allowing even the most novice of forex traders to take advantage of the FXMasterBot’s fully automated trading gains and therefore becoming the master themselves without all if the years of studying and practising complex trading strategies – The FXMasterBot does all of the hard work for you without you lifting a finger!
Getting started with the FXMasterBot couldn’t be any easier – you simply deposit with a forex broker of your choice and choose between the various forex trading options offered by FXMasterBot. The different settings offered by the FXMasterBot allow you to approve trades, go into the ‘auto trading’ mode, set limits on your trading profits and losses and even decide in advance the minimum or maximum number of trades that you would like to execute each day. To become the “master” you can upgrade through the levels as your confidence and knowledge of the FXMasterBot increases, which has the added benefit of extra settings becoming available to you. With more options available, the more complex the FXMasterBot strategies become which allows you to challenge yourself and most importantly – make money from trading the forex market!
MT4 Forex Robot Characteristics
- Suitable for Novice Traders
- Fully Automated Signals
- Web Based Software
- Multiple Currency Pairs
- Multiple Timeframes
- Easy to Use
- 10+ Brokers
- Free Demo
- Advanced Settings
- Full Support
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)