Forex Cash Bot is a Forex EA by David Simmons. It is a fully automated black box system that daytrades 6 different pairs. The publisher claims that the system is profitable on 5+ years of backtesting with small drawdowns thanks to tight stop losses. The level of risk the software takes is configurable.
- Trades 6 different pairs simultaneously
- Trades on H1 timeframe
- Max Drawdown: 6% on average
- Claims 90% and more successful trades
Here’s how a 5 year strategy test looks…
How To Activate Forex Cash Bot
First check the Journal tab and/or Experts tab reads “Initialized” and “Authentication was successful” for each currency pair. If not, then you have a problem.
Check the two technical fixes at the very bottom of the Cash Bot Manual as these will fix most issues. If you are unable to complete the install of the fixes on your machine or VPS then read the error message that pops up when installing, it probably means you need a different version of the Microsoft software they tell you to install. Search Microsoft for the correct software then install it.
If you still have problems, please post a comment below and I’ll see if I can help you get it working.