The RoboMiner is a EA for Metatrader 4. It is ideal for a retail user who has not had a lot of forex trading experience. Other than the unlock code, there are only 3 settings that are relevant to the day to day operation, and they are set by default, so that it is possible to run the EA right out of the box.
The RoboMiner trades only the AUDNZD currency pair in a custom grid-trading system. The built in money management system is intentionally so conservative as to make trading with this EA a very low risk proposition in comparison with other forex trading systems. The AUDNZD currency pair could literally climb to the highest price it has ever traded at historically, and then it could fall to the lowest price that it has ever traded at historically, and your account will not margin out, provided you have not changed the settings from their recommended levels.
Another big selling feature of the RoboMiner is that it requires no attention on the part of the account owner once the EA begins trading, other than to make sure that your computer is on, your trading platform is open and is connected to the Internet. You can literally go for weeks without having to intervene in your trading account in any manner. This is truly a trade-while-you-sleep proposition!
The RoboMiner is available for a free demo download at this website. Simply sign up for a free membership, and you will be able to download a fully functional copy of the RoboMiner EA that will trade on any demo Metatrader account. There is a setup video within the website that takes you through the whole process of how to set it up, and there are a number of FAQs as well, which should answer any question that you would have.
Works good. I'm using it, May 10, 2009