The Zigzager EA is a Forex trading robot that was designed to trade automatically on the MetaTrader 4 (MT4) platform. The EA is programmed to place and manage trades on behalf of the user, with the aim of generating profits. The EA can be used by anyone with an MT4 account and a computer with an internet connection.
Description forex Zigzager EA
The Zigzager EA is a forex trading robot that is designed to trade the zigzag pattern. The zigzag pattern is a common chart pattern that can be found in many markets, including the forex market. The Zigzager EA is programmed to identify the zigzag pattern and then trade it.
The Zigzager EA is a fully automated forex trading robot. This means that it will automatically place and manage your trades for you. All you need to do is install it and let it run. The Zigzager EA is compatible with all major forex brokers and can be used on any timeframe from 1 minute to 1 month.
If you are looking for a forex trading robot that can help you profit from the zigzag pattern, then the Zigzager EA is worth considering.
Review forex Zigzager EA
In this review, we will take a look at the forex Zigzager EA. This EA is a scalping robot that is designed to work with the MetaTrader 4 platform. The EA uses a zigzag indicator to scalp pips on the 5 minute timeframe.
The default settings for the EA are a bit aggressive and we recommend that you use a more conservative setting. We also recommend that you use a broker with low spreads and fast execution speeds.
We tested the EA on a live account with an initial deposit of $500. We used a leverage of 1:100 and our trading account was denominated in EUR. Our goal was to achieve a 10% return per month.
Overall, we were quite pleased with the results of our test. The EA was able to consistently generate profits each month and our account balance grew steadily. We did not experience any major drawdowns during our testing period.
While the Zigzager EA is not perfect, it is a solid choice for those looking for a reliable scalping robot.
Trading results with Zigzager EA
Assuming a $10,000 account, and using a zigzag ea with default parameters on the EURUSD H1 chart, we see the following results over a 6 month period:
Month 1: +$1,000
Month 2: -$200
Month 3: +$2,700
Month 4: -$400
Month 5: +$3,900
Total for 6 months: +$8,800
Free Download Zigzager EA
The Zigzager EA is a free download that is available to all clients of Forex brokerages. This expert advisor is a custom made automated trading system that was created by the team at ForexTradingCo and is designed to trade the EUR/USD currency pair. This system uses a unique zigzag strategy that has been proven to be profitable in live trading. The EA comes with full documentation and a money back guarantee.