Barcode EA
- Experts
- Mr Nattawut Poochomchuen
- Version: 5.7
- Updated: 4 August 2024
- Activations: 5
**Come Back to Original**
Barcode EA is a fully automated EA. It works using a combination of martingale and scalping. The Expert Advisor works on all available timeframes and is multi-currency. This EA has been programmed to provide 12-25% per month.
Barcode Expert Advisor is protected from out-of-trade losses. It has built-in protection and position recalculation functions, which protect the Expert Advisor from excessive orders and the main grid building cycle failure during terminal restarts.
The Barcode EA robot Features:
- Trayline-Stop use
- News filters Stop on news time
- Automatic position locking (Trailing Stop,Break Even)
- Numerous filters for entering and following orders.
Barcode EA can get risky since it utilizes the martingale method. Because of this method, this EA has a very high ROI(Return of investment). How Much Profit you can make monthly depends on your lot size and risk value.
Blowing your account is inevitable after a Long time of using this strategy. However, with the periodic withdrawal of investments, the theory of probability works in our favor. After the initial investment is withdrawn, the dangerous martingale strategy immediately becomes break-even and highly profitable.
Please test in a demo account first for at least a week. Also, please Make yourself familiar with and understand how this Barcode EA Robot works, then only use it in a real account.
Recommendations for Barcode EA
- Minimum account balance of 10,000$ (100$ cent) for 0.01 lot.
- Work Best on EURUSD, GBPUSD, AUDUSD, USDCHF, or XAUUSD, XAGUSD (Work on any currency pair).
- Work Best on M1 Timeframe. (Work on any TimeFrame)
- Warning : this EA is high risk.
Tested for many months: EA that can earn a lot but ends up burning accounts. Even with a balance of 10,000 on a prop firm, the robot is not able to make profits. The EA tries to compensate for its losses in the opposite direction of the trend but cannot close all the transactions when the balance becomes positive. You therefore end up with open positions that eat up your margin and not being able to open new positions, you will lose your money. The TPs are very low and there is no SL so dangerous. Even if the seller is friendly and responds to requests, I do not recommend this EA.