A profitable Expert Advisor for a cent account. Small capital? Expert Advisor "Pallada Top" from the free Forex archive
“Opening a cent account” - perhaps this is the thought that first comes to mind of a novice trader who has decided not only to succeed in the Forex stock market, but also to discover the path of least losses.
At the very beginning, it is worth pointing out the fact that on Forex, between the concepts "Dollar account" and not a significant difference. The principle of operation is the same. The only difference is in the volume of deposits and the method of calculating the amount of loss and profit. If in the first case we are talking about ten dollars, then in the second case - about a thousand cents.
It is no secret that any type of activity related to currency turnover presents certain difficulties for a person who has decided to start such a business for the first time. Forex trading is no exception. Opening a cent account can become not only a technically useful activity, but also mentally prepare an exchange participant for possible difficulties.
Opening a cent account on the Forex exchange, basic principles
Before opening any type of account, you need to find a suitable broker: reliable, reputable and reputable. And only after that the question arises: "What is the amount of the deposit to choose for your cent account?" ... If you do not have the necessary experience in transactions, you have never closed or opened positions, you have no idea of existence, then a cent account is just what you need. Of course, unlike a demo account, where you do not risk in principle, in the conditions of a cent account, you may lose some funds. However, unlike a full-fledged standard or premium account, you risk only insignificant amounts.
It is worth saying that relatively recently, when the Forex market was just beginning to develop, a trader had to deposit at least five hundred dollars into an account in order to enter into trading. The Forex market was truly the "entertainment" of wealthy people. However, time passed and a new impetus to the emergence of a cent account was given by an increasing number of new brokers in the Forex market. As their number grew, so did the competition. New, inconspicuous, but claiming their place under the sun, brokers appeared. This led to the fact that the level of the initial deposit dropped to a minimum. This allowed not only the formation of cent accounts, but also opened up opportunities for many hundreds of thousands of traders to try their hand "in practice". Therefore, at present, the function of opening a cent account can be found not only on the websites of newbie brokers, but also on eminent participants in the Forex market who have established themselves over time.
Classification of accounts in the Forex market:
1. Demo - account (trading exclusively without losses),
2. Cent account (trading with deposit currency - it can be cents or euro cents),
3. Micro - account (trading takes place from 0.01 lot with the following currencies: dollar, euro, ruble),
4. Mini - account (similar to the previous one, but trading takes place from 0.1 lot),
5. Standard (trading starts from 1 lot or more, depending on the policy of the dealing center),
6. Premium - account (in this case, trading occurs from 0.1 to one lot, but the deposit is from ten to one hundred thousand dollars).
Whatever the rate was, its minimum value never fell below one hundredth. Even in a cent account, when the level was lowered even more, a situation arose when the amount was not enough for a banal collateral. Thus, a stable minimum of the cent account was formed.
There are four main steps for opening (registering) a cent account, which are the same for all Forex brokers:
Personal data page. Filling in your personal information is the first step after you have passed the package. It is necessary to pay attention to the fact that when registering a cent account, it is necessary to enter only real data (and this is a full name and so on), since in case of unforeseen situations (a problem with the withdrawal of earned funds, an official complaint, etc.) you will not be able to prove anything. After filling out the form, click "continue" and get to the second page.
Current address page. For most Forex brokerages, it is not mandatory to fill in the personal address column. However, there is an important point on this page about investor password and phone password. These points are extremely important when opening a cent account, as they allow you to get acquainted with the process of trading in real time in one of the terminals (for example, Metatrader). At the same time, you will not be able to perform any operational actions with your account. Thus, you seem to be looking at the trading of your funds from the outside. The telephone password will be needed by those who opened a cent account, but do not have permanent access to a computer. With its help, you can change, modify your account, open and close positions through the nearest dealing department of the representative whose services you use.
Specification selection page. At this stage, the trader must stop and make a choice in favor of one or another type of account. This includes the choice of the currency of the deposit, the choice of leverage and its size. In addition, at this stage of opening a cent leverage, a trader takes care of the security of using his account, that is, he sets a personal password for entering and exiting the trading terminal and a password for performing trading operations. If you open a cent account and for the first time decided to test yourself as a Forex trader, it is strongly recommended to write down your password for the terminal on paper or in electronic form. This will help you bypass unwanted situations, if you need to recover data or solve problems with the administration.
How to Trade Small Forex Accounts?
Cent accounts. What is the difference?
When opening a cent account, a trader should pay attention to the fact that currently there are many dealing centers and other representatives of the Forex market. And each of them has several options for cent accounts that are offered to you. While they are quite similar, they are actually different. For example, there are so-called "junior" cent accounts, when opening which the trader is given the opportunity to trade with a minimum deposit volume. This means only one hundredth of the lot. In this case, the recommended amount of your deposit should be 1 US dollar. The rest of the Forex cent accounts are just duplicates of regular Forex trading. The minimum deposit volume on average cent accounts starts at one tenth of a lot and the estimated volume of invested funds is about ten US dollars.
For beginners, please note that when opening a cent account, the size (amount) of the leverage will in no way affect the price of each item. The size of everything on Forex only determines the amount of funds that must be mandatory in your account (akin to a “frozen” amount). This amount will determine the nature and volume of the transaction that you will be able to carry out. It is logical to assume that if you have a large amount on your cent account, you will be able to operate with a large number of options for transactions and operations. At the same time, an inverse relationship is observed: the greater the value of the leverage, the smaller the amount of the deposit should be to open a particular position on Forex.
There is a certain standard (which is found in most cases) according to which the leverage is one in one hundred. If you are not satisfied with this option, then the cent account allows you to change the value of the leverage at any time in favor of increasing or decreasing it. To do this, you will just need a password. With this password you can find yourself in your personal account.
Personal information verification page. This is the last step of registering a cent account on Forex, where the trader checks the correctness of the previous three pages. In addition, the trader can familiarize himself with the main documents and rules of the dealing center. This is extremely important, since there is a set of developed rules that regulate the relationship between a Forex market participant and a representative body (DC) and for violations, which one or another party will be responsible for. After that, you just need to put a tick "I agree" in the clause on agreement with the terms of the contract and confirm the decision.
For some time, you will receive a letter from the dealing center to your registered mail confirming the opening of a cent account.
When opening a personal cent account (in fact, like all other types of accounts on Forex), do not forget that you need to have a certain theoretical base. Participation in seminars and trainings will be a significant help to successful Forex trading. However, often this cannot be achieved and, in this case, advisors on cent accounts come to the rescue. Despite the fact that this is just a program and you cannot completely rely on it in terms of successful trading, all of them can significantly facilitate the trading process itself and help you choose the right movement vector.
Thanks to a special forecasting algorithm, the cent account advisor detects the trend and plays on the exchange rate. In fact, this is an ordinary computer program that integrates with the trader's trading platform and connects to the trading process. Transactions, opening and closing positions occur automatically and without human intervention. In this case, it is still important not to leave the program for a long time "unattended", since it is a common practice to "drain" the deposit after a certain trading time. By the way, after registering a cent account on Forex, you are immediately offered a full range of the most
Choosing an Expert Advisor for a Cent Account- this is an individual matter. Often, you need to change the parameters and settings of indicators (advisors) "for yourself". Modern trading platforms support the function of simultaneous trading with several expert advisors on cent accounts. This significantly increases the chances of success and minimizes the human factor.
Processing a large amount of information in a short period of time (especially for pip advisors) allows you to analyze the market as a whole according to the trend of interest.
Among the disadvantages of cent account advisors, it is worth mentioning that they are not prepared for a non-standard situation when the program continues to work in a given mode. This can lead to the loss of part of the deposit or a complete "drain" of funds.
When using indicators and advisors for cent accounts, do not forget that even small losses are still losses. Your personal funds. Therefore, the "golden" rule of the Forex market about the diversification of any funds will help not only to maintain the volume of your deposits, but also play a psychological role.
As already mentioned, the registration of a cent account on Forex is rather a preventive measure, the prevention of complications in the form of a loss of a significant amount on the main account. The time spent on the cent account is different for each trader. It may take a couple of weeks before moving on to a standard account. For some, it is several months. Sometimes it happens that a trader, after switching from a cent to a real account, begins to lose significant amounts of money in income, both with and without advisors. In addition, among modern brokers that provide cent accounts, there has been a tendency to limit the provision of a deposit. This is due to the fact that for brokers, the cents on the account are not significant and do not bring profit (brokers do not receive commissions from transactions). For a trader, the situation is similar - he does not receive a more or less tangible inflow of funds.
Despite this, many experienced traders who have developed their own strategy and know the Forex market from the inside continue to practice cent accounts. The main motivation in this case is the fact that the market is changing. Along with it, it is necessary to change tactics, strategic trading schemes, and so on. Therefore, traders do not dare to implement innovations immediately on standard accounts, but prefer to practice on cent or demo accounts.
This practice brings its results, which allows us to speak of a cent account as not only a step towards full-fledged trading, but also a means of honing skills and introducing innovations.
Article: Forex Cent Account, How to Open One.
Cent account advisors
Benefits of cent accounts
Most of the novice forex traders trade on cent accounts, the amount of deposits at the same time does not exceed $ 10, this is due to the lack of funds and the fear of losing the deposit.
Very often, some experts say in automatic mode on such accounts it is not possible, such a statement is fundamentally wrong, there are so-called cent advisors that work equally effectively on any forex account.
Trade big only with a leading broker
The leader in popularity is Cobra advisor, this trading perfectly trades with a ten dollar deposit, while it can work with large amounts. Its main advantage is that it belongs to the so-called trend advisors, that is, trading is carried out only in the direction of price movement, while the riskiness of transactions is significantly reduced.
Cobra is recommended for trading currencies that include the US dollar, which allows you to choose a pair with a minimum spread and significantly increase your profits. Moreover, this program has a lot of flexible settings that allow you to build its work in accordance with your requests.
The second most popular is the cent advisor to Gepard, but calling it just a cent would be a little erroneous, the name as universal as possible is more suitable for it, since this is precisely its main quality.
Gepard can trade not only on more than thirty currency pairs, on gold and other precious metals, but also trading in almost all instruments that your broker exports to the MetaTrader trading terminal is available.
In addition, there is the possibility of flexible risk management by applying hedging deals, placing all types of stop orders or choosing the most effective strategy at the moment.
This trading robot option is perhaps the most profitable and versatile of all the options presented.
Scalper Expert Advisor As the name implies, this version of the program for automatic trading works according to the popular scalping strategy, when using it, a lot of transactions are opened with a small profit.
A distinctive feature of this Expert Advisor is that it works well even with a few dollars, and you can test it on a real account without fear of big losses.
You can trade on almost any currency pair with a small spread (0.5-2 points), since this is the indicator that is most important when trading scalping.
The listed forex cent advisors work perfectly on standard accounts, regardless of the lot size, they are classified in this category only because of their performance with a small deposit.
This section contains descriptions, trading strategies, parameters and monitoring of advisors, which can be downloaded for free. The list of advisors is constantly updated as a standing "exhibit" arrives. Please note that the most important rule of working with advisors is to observe money management. Read the recommendations carefully before starting with real funds.
Advisor QLT | Advisor Hacked |
Advisor Stabilizator | Advisor Recovery PRO |
Advisor Forex Setka Mod |
Monitoring all advisors.
The only advisor that has been developed over the course of several years by a group of people who lay out all developments at no cost and take into account the wishes of traders in future modifications of the bot. Presently, Forex Setka Mod it is the only robot that carries such a huge number of settings, filters and protections for trading.
I will say right away that the advisor uses all dangerous trading methods, and a priori this strategy leads to a loss of the deposit, but using numerous settings and observing the MM, it was proved on real accounts that the robot is able to multiply the deposit many times and work further without draining.
Advisor Survivor works on 4 currency pairs and opens orders according to the trend, using several indicators for entry - Bollinger Bands, RSI, ADX, DeMarker and MA. In history, the robot shows good profit, even after a run with a history of 10 years, every year is profitable.
To filter out possible losses, you can use the martingale function, but in the settings present this feature is disabled, only the original strategy is used.
This Expert Advisor is a multicurrency one that trades on several pairs. The essence of his trading is to open a grid of orders, and if the grid goes negative, according to the algorithm, a new grid opens with an increased lot. And this continues until all orders are closed in profit or at breakeven.
Best Advisor-Grid from the creators of WallStreet Robot - Recovery PRO
As you guessed from the title of the article, Recovery PRO advisor it is another brainchild of robot developers called WallStreet. This also includes the advisor Asia. Unlike other owls, Recovery is netter, which makes it one of the dangerous trading robots, but if you follow certain rules, earnings are guaranteed.
6 main currency pairs are used in trading, and it is possible to track all its transactions on the official monitoring. At the time of this writing, the Expert Advisor brought in a profit of 162% in a year and a half. The result is decent, let's take a closer look.
I say right away - this advisor is long-term and you will not see quick profit on it. It is suitable for those who invest in conservative and long-term trending strategies. But on the long history of trading, forex advisor Kalmar shows good results. Below is a graph of the profitability of one of the pairs.
I present to you another successful project of 2015 in the field of trading robots for forex - a break-even advisor ASIA... It got its name due to the time of its trading - it trades exclusively during the Asian session. Since this session is calm and non-volatile, the EA does not go into large drawdowns and slowly earns its profit.
Advisor Control attracts attention by the fact that at its core it has as many as two dangerous trading methods - a grid with martingale elements. This tandem is very dangerous, but it still makes profit on some pairs. Below there are tests on the recommended currency pairs, you can familiarize yourself with all of them.
The Expert Advisor is dangerous, I advise you to test first on a demo account and use cent accounts.
Advisor Laguerre scalper is an scalper and has shown stable results over its long history. In its composition, it has several indicators of the same name, which are used to look for an entry into the market. Also, there are some filters, for example news and a volatility filter, that is, in case of strong news and flat, the advisor will not trade.
Here is its run in the tester from 2000 to mid-2015. It looks pretty impressive:
Consider another profitable Expert Advisor - Dolphin... It appeared from just a long time ago, but has only positive reviews about its trade. The EA carefully analyzes the market before opening an order and has low risks.
I ran it in the tester for the last 6 months with a fixed lot 0.1 ... We have the following picture:
I present to you one of the most profitable advisors for forex trading - Nostradamus... It has been known for a long time and during this time has established itself as the best automatic scalper. In his trading strategy, he does not use the methods of martingale, averaging and other systems that can lead to a quick loss of the deposit.
I have tested the EA on a tester for the last 6 months and 1 year on different brokers, with an initial deposit of $ 1000 and a fixed lot of 0.1. And here are the results.
Hello fellow traders! And today we are considering the best forex advisor for monitoring duration and reliability.
An Expert Advisor from the category of paid products. Such robots are sold on the network from 100 to 1000USD, depending on the seller's greed. For you, dear readers, we have saved him from greed.
The presented advisor has been monitored for more than a year and belongs to the category of advisors using a strategy such as martingale. But thanks to certain settings and choosing the right broker, the EA works stably over a long period and with excellent profitability.
1.Advisor to bet ONLY!!! on - the indicators were developed for the quotes of this particular broker (it is no secret that the quotes differ slightly for each broker, but for the indicator this difference will be enough to send a signal to open a wrong deal). Do not repeat mistakes and do not waste money by placing an advisor with other brokers. The advisor has already been tested on many brokers and the results with other brokers are disappointing. I remind you only
2. Open a Cent NDD cent account - it is tested (it is the work of the advisor on this type of account that is presented on the monitoring), do not look at the commission, there is excellent execution and quotes. For classic accounts with a larger deposit, only Classsic NDD, but this advisor can to entrust large capital, leaving part of the funds for refilling in case of force majeure.
3.Connect the VPS server. Forex4you provides it free of charge for its clients if certain conditions are met.
4. Then everything is as usual - installing the MT4 terminal, then open the terminal and install the advisor, indicators and set. Then we restart the terminal and drop the advisor onto the chart AUD / USD !!!(no need to invent and be smart on a real account with other pairs) the working timeframe is H 1, you can put indicators on the chart, but not necessarily, the advisor will work on them anyway.
5.Choose a set " Monitoring 5zn", The lot will be calculated by the set itself (I recommend halving the percentage of the lot for the beginning (it costs 5, change 3 for the beginning)).
Attention: if you use a percentage of the lot, then when the knee of Martin increases, he calculates the lot from the remaining funds and multiplies it by LotExponent, and if you work with a fixed lot, then this lot is multiplied by LotExponent.
And finally, don't use your hands! The advisor knows what he is doing, do not interfere with him. Visit the VPS periodically and observe.
6. To work with other brokers, use a copier from your Forex4you account - we have one on our website. Or use whichever one you like best. On monitoring there are accounts working with other brokers. It is on these accounts that the copier works.
So, to summarize:
Deposit: from 100USD for a cent account or 1000USD for a Classic NDD account
Working timeframe H1
Currency pair AUDUSD
Broker: Forex4you only
Account type: Classic NDD or Cent NDD
Use only the set included in the archive.
When working with this type of Forex advisors, we recommend that you adhere to
I would recommend working like this: you earned 50% - you withdrawn, another 50% was withdrawn. And only then we calmly work for the money earned, again periodically making a withdrawal of funds. Fortunately, the advisor provides such an opportunity.
For the MT4 forex robot to work properly, it must be kept switched on 24 hours 7 days a week (except for Saturday and Sunday when there is no trading). If this is not possible on a home PC, then for trading on real accounts, we highly recommend installing the robot on
Even MORE private information on ... Sign up and download for free or take part in forex folds on a joint. Share your opinion with professional traders -
Happy trading! We are waiting for your comments.
P.S. I have repeatedly said in my articles and comments that I have been very closely engaged and still do Forex trading only through robots. And although I already have the main capital for trading on the Russian fund, I do not discard forex. Starting with this Expert Advisor, presented above, I will share with you the experience accumulated over the years, which has shown stable results. These are robots or robots with certain settings that you will not find freely available on the net. All of them can be used when trading on real accounts, subject to reasonable risks. Stay tuned!
The presence of cent accounts, or as they are also called micro-accounts, is almost an obligatory item of every modern DC. Many traders bypass them, and some consider them to be almost the best, indispensable tool for switching from a demo account to real trading, as well as for more reliable and successful testing of trading advisors. Often on the net you can find such an expression as a cent Forex advisor, recently they have become more and more relevant and in demand.
Cent account- a real trading account that works on the principle of a standard account with one difference - the funds are displayed in cents. In other words, on an account with $ 100 in the "Balance" field, you will see the number 10000. What is this for? -Indeed, in fact, nothing has changed, but this is only at first glance. In fact, a micro-account trader gets what is usually lacking for profitable and effective trading - capital.
For clarity, let's give an example: You have a standard account with $ 100, for each trade you allow 10 points of loss, it turns out that you can make 10 losing trades before the entire deposit is lost. Now let's take a cent account, with the stop loss level unchanged - 10 points, you need to conclude 1000 losing trades before you see zero in your account. Your account has become more resilient.
Thus, a micro-account will be an excellent start for beginners, as it will allow them to feel the psychological stress associated with working with real money. For more experienced traders, the cent account serves as a testing ground for automated strategies. An Expert Advisor designed to work on micro accounts, in other words, it is called a cent forex advisor. What are their features? - now we'll figure it out.
Forex cent advisor- a trading strategy, for the implementation of which a significant amount of funds (10,000 dollars or more) is required, in our case this is a micro account with only 100 dollars. Of course, not everyone can afford such investments in the foreign exchange market, the use of cent accounts allows traders, even with a small capital, to use strategies designed for serious investors. More capital can help ride out losses, average out, or just open a lot of trades.
One of the main methods of using micro accounts is the martingale Forex cent advisor. Its essence is simple and lies in the fact that when the price moves against your trade after definitely passed points, the robot opens another trade in the original direction, but doubling the purchase volume and so on until the price moves in your favor. Example: you opened a buy trade for the EUR / USD pair at 1.30 (volume 0.1), the price goes against you and reaches 1.25, you open another buy trade (volume 0.2), the price drops to 1.20 again, and you buy again (volume 0.4), and here, let's say, the price is corrected to the level of 1.25, as a result, you get the following profit / loss on your three trades:
- Buy EUR / USD at 1.30 - $ 50 loss
- Buy EUR / USD at 1.25 - $ 0 loss
- Buy EUR / USD at 1.20 - $ 200 profit
As a result, as you can see, the trader makes a profit of $ 150! The principle of operation of the advisor is essentially break-even, the only drawback of this strategy is that if the price moves against you for a long time, you can lose the entire deposit, which is why we need significant capital to withstand a long decline or drawdown.
Cent advisors also often act as scalpers. A large number of concluded transactions require large funds, especially since a lot of unprofitable transactions can become fatal for a trader with a small capital, the adviser simply cannot work out losses.
In conclusion, I would like to say that a forex cent advisor can be useful for long-term investment. The strength of the deposit will not only allow you to diversify your portfolio through a variety of trades, but also transfer temporary losses. A source:
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