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Desbot

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Input Parameters

Below are all the input options (aka: Parameters) for Desbot and how to use them. You can find the best Parameters through optimization.
  • RiskPercentage: Enter the number that represents the percent of your account balance you want Desbot to risk per trade. For example, entering 1.5 would risk 1.5% of your Account Balance.
  • SLTicks: Enter the number of ticks you want for your stop loss. For Example, entering 500 would set 500 tick aka a 50 Pip stop loss.
  • TPTIcks: Enter the number of ticks you want for your take profit. For Example, entering 500 would set 500 tick aka a 50 Pip take profit.
  • startHour: Enter the hour of the day you want Desbot to start trading. This field is based on the 24 hour clock, so if you want Desbot to start working at 4 pm enter 16.
  • endHour: Enter the hour of the day you want Desbot to stop trading. This field is based on the 24 hour clock, so if you want Desbot to stop working at 5 pm enter 17.
  • MALow: Enter the number of candles close prices you want Desbot to use when calculating this moving average. For example enter 21 for Desbot to use the average of the last 21 candle close prices to educate itself with a moving average line.
  • MAMedium: Enter the number of candles close prices you want Desbot to use when calculating this moving average. For example enter 50 for Desbot to use the average of the last 50 candle close prices to educate itself with a moving average line.
  • MAHigh: Enter the number of candles close prices you want Desbot to use when calculating this moving average. For example enter 200 for Desbot to use the average of the last 200 candle close prices to educate itself with a moving average line.

The Strategy

Without giving too many of our secrets away… Desbot first Checks the clock making sure it's between its Start time (startHour) and End time (endHour), followed by making sure there are no active orders in play. Desbot will then check for specific patterns on your chosen timeframe and currency pair, which occur in line with an order of moving average lines, depending on the type of trade. For a Buy trade, Desbot will look for a pattern, the low line (MALow) above the medium line (MAMedium) and MAMedium above the high line (MAHigh). Desbot will look for the opposite order for a Sell trade.

Once Desbot is ready to make a trade it will use your preferred Risk Percentage (RiskPercentage) set the percentage of your account balance to risk and lock in your fixed Stop Loss and Take Profits. Desbot also takes advantage of RSI lines to help reduce the risk of a trade hitting the Stop Loss. Once you are in the lucky position of being able to risk more than your broker would allow per trade Desbot will use your broker's maximum Lot size to judge how many trades it needs to make at the same time to roughly risk the same risk percentage of your account balance. For example, if your broker's maximum lot size is 50 and your account balance is around £1.7 million on the currency pair USD/JPY Desbot will divide the lot size needed to meet your risk percentage by your Broker's maximum lot size per trade, round to the nearest whole number and use that as an indicator for the number of trades it need to make in one go.


Minimum requirements and recommendations

  • Broker: Any broker with a low spread. We recommend Avatrade.
  • Minimum initial deposit: $500 in accounts with 1:30 leverage.
  • Recommended initial deposit: $1000 in accounts with 1:100 leverage.
  • Leverage: at least 1:30
  • Use a VPS for the EA to work 24/7.

FAQs

Compatible with my Meta Trader?

Absolutely! DESBOT is specifically designed to trade on MetaTrader4. We are also working on a MetaTrader5 version.

Why is it important to Backtest before using DESBOT?

Backtesting is a critical step in algorithmic trading because it allows traders to assess the viability and effectiveness of their strategies in historical market conditions. Importantly, it also helps in understanding the impact of different brokers and their spreads on strategy performance. Variations in spreads and execution speeds can significantly affect trading outcomes, leading to variations in profit and loss. By backtesting with data from multiple brokers, traders gain valuable insights into how their strategies adapt to real-world conditions, helping them optimize their algorithms for specific broker environments and enhance the robustness of their trading systems. This process is crucial for making informed decisions, managing risk, and ultimately increasing the chances of success in the dynamic and competitive world of algorithmic trading.

Suitable for beginner traders?

You bet! Using Desbot you can avoid the typical beginner mistakes of emotionally trading. which tends happens when people break their ow rules to win back lost funds.


Why didn't DESBOT open Any Trades for me today?

Desbot is only designed to make Buy or Sell trades depending on candle patterns it spots in the daily time frame. If Desbot doesn't spot any patterns it will aim to protect your account by not making any trades. Additionally Desbot also looks for additional patterns on the timeframe it is enabled to trade on if those patterns don't appear Desbot will not make a trade. It is also important to make sure you are trading below the Daily timeframe on the following Forex currency pairs Desbot has been successfully tested on:

  • EUR/USD

  • GBP/USD

  • USD/JPY

  • USD/CHF

  • USD/CAD

  • AUD/USD

  • NZD/USD

Strategy Tester

  • Use 'Open prices'.

Disclaimer

Please be aware that trading in the financial markets carries a significant risk of losing your investment. The Desbot Meta Trader 4 Expert Advisor, provided by Des&Co, is a trading tool that can automate strategies, but it does not guarantee profits, and past performance is not indicative of future results. Users are entirely responsible for their trading decisions and risk management. Des&Co will not be liable for any financial losses incurred while using the Expert Advisor. It is essential to trade responsibly and only with funds you can afford to lose.














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5 (1)
Experten
AI NoX EA is an innovative Forex expert advisor that combines advanced neural networks technologies with high-volume trading and   Matrix factorisation .The advisor uses complex algorithms to decompose large sets of market data, uncovering hidden patterns and correlations between various financial instruments. Details about Advisor Development Configuring the Advisor The price of the advisor will increase significantly as I have allocated a specific number of copies. I will adjust the price as s
Way To Stars MT4
Wei Tu
5 (8)
Experten
The Way To Stars sind tageshandelplattformen, die was unternehmen in zeiten niedriger marktvolatilität ermöglichten, wo sie gelegenheiten mit niedrigeren risiken nutzten. Diese nachtverkäufe hatten den schwerpunkt auf das festhalten kleiner preisänderungen bei konventionellen transaktionen, was im lauf der zeit gewinne anhäufen konnte. Unter anwendung strenger beschränkungen, um die potenziellen verluste bei jeder transaktion zu begrenzen und ein wirksames risikomanagement sicherzustellen. Stars
AI Meta EA MT4
Denis Kurnev
4.43 (7)
Experten
Introducing the AI Meta EA advisor - a remarkable leap in the world of trading! If you've always aspired to something greater and uncharted, then AI Meta EA is what you need. It harnesses cutting-edge artificial intelligence technologies, developed using neural networks and hidden algorithms in the deepest corners of the internet. What makes AI Meta EA so uniquely exceptional? Forget about old strategies and mundane indicators! My advisor possesses an intuition that even the most experienced tra
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Experten
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
XG Gold Robot MT4
Marzena Maria Szmit
4.48 (25)
Experten
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Experten
Hinweise Der EA enthält maximal 6 Einstiegspunkte, die Losgröße pro Trade entspricht der Order-Losgröße multipliziert mit 6, daher bitte keine zu hohe Losgröße verwenden. Die standardmäßige Losgrößenberechnung erfolgt nicht prozentual zum Kapital. Unsere Standardberechnung ist nicht von der Hebelwirkung beeinflusst und ermöglicht eine genauere Risikokontrolle.  Es wird empfohlen, Kapital über 1.000 US-Dollar einzusetzen, um die Risikobeständigkeit zu erhöhen. Bei gleichzeitiger Nutzung mehrerer
Miliron mt4
Nadiya Mirosh
Experten
The   Milioron   robot, developed for the Forex market, has significant flexibility and offers many mechanisms for maintaining a series of orders. It allows traders to automate and optimize their trading using built-in strategies and risk management approaches. Some of the main features and capabilities of the Milioron robot include: 1. **Flexibility of settings**: The robot provides traders with a wide range of parameters and settings that can be adapted to specific trading strategies and
Prisma EA
David Jukl
Experten
The Prisma Expert Advisor is a set of rules that allows you to achieve consistent results on the FOREX currency market thanks to sophisticated open position management, quality money management and opening and closing of positions, where mathematics together with probability play the main role. Prisma is able to work with stability on all major currency pairs and their combinations provided the system is run with a suitable broker that offers favorable conditions for such trading. However, it is
NNFX Algo
AHMED ZABIR SAZOL
Experten
This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
Big Forex Players MT4
Marzena Maria Szmit
4.71 (28)
Experten
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
NightVision EA
Alexander Kalinkin
4.11 (27)
Experten
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/en/signals/author/dvrk78 Ask me for   the   recommended FX
Diamond Ultimate MT4
Lo Thi Mai Loan
Experten
Willkommen bei Diamond Ultimate!!! BACKTEST GUIDE STARTPROMOTION: Nur noch wenige Kopien zum aktuellen Preis verfügbar Endpreis: 4993,99 $ Diamond Ultimate   kombiniert Algorithmen, die auf verschiedenen Preisaktionen basieren, mit 13 Jahren Markterfahrung, um Aufträge auszuführen und Kapital zu verwalten. Alle Trades haben klare Stop-Loss- und Take-Profit-Level. Der EA verwendet einen Trailing-Stop-Loss, um Gewinne abzusichern. Der EA kann bis zu 7 Trades gleichzeitig eröffnen, aber dies
Waka Waka EA
Valeriia Mishchenko
4.31 (48)
Experten
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (6)
Experten
Startaktion! Nur noch wenige Exemplare zum aktuellen Preis verfügbar! Nächster Preis: 1733 $ Endpreis: 3993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:   https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA ist
TrendMaster FX MT4
Chen Jia Qi
4.88 (16)
Experten
Vorstellung unseres MT5 EA: Mit fortschrittlichen Algorithmen und Deep Learning Technologie ausgestattet, ist unser Expertenberater (EA) sorgfältig designt, um Sie durch die verwickelte Welt des Devisenhandels zu navigieren. Das System analysiert fleißig die Marktaktivitäten und führt Trades basierend auf vorher festgelegten Kriterien durch, damit Sie Markttrends effektiver erfassen können. Empfohlene Währungspaare: Live-Signal:   TrendMaster FX MT5-Version:   TrendMaster FX MT5 Wir führen derz
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