Question 1

What type of strategy does Forebot EA use?

Accepted Answer

Multi-directional distance-based scalping with balanced Buy/Sell management.

Question 2

What is the risk level?

Accepted Answer

Low to Medium — 2% risk per trade and max 10 total orders keep risk well controlled.

Question 3

Is it suitable for beginners?

Accepted Answer

Yes. The EA is straightforward and fully automated. Just attach it to the chart and let it run.

Question 4

Which pairs work best?

Accepted Answer

Major low-spread pairs like EURUSD, GBPUSD, USDJPY, and XAUUSD.

Question 5

Why is low spread important?

Accepted Answer

This is a scalper. Low spread (ECN/Raw Spread account) significantly improves results and reduces losses.

Question 6

Can I change the lot size?

Accepted Answer

Yes. You can use fixed lot or let the 2% risk mode adjust automatically.

Forebot EA MT4Premium