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First Ranger MT5

First Ranger EA is a fully automated expert advisor that contains several trading systems based on various default Metatrader indicators. Each trading system has it own entry with fixed stop loss and take profit, and it has averaging basket TP to close multiple orders at once. This forex robot can be used for all pairs and timeframes, but it is especially designed for EURGBP H1.


Main Features:  
  • No Martingale. 
  • No Grid.
  • No Averaging.
 
Setting Parameters:
  • Expert Name - EA name and trades comment. 
  • Magic Number - EA identification number to identify trades, and must be different to other EA. 
  • Lot Size - Fixed lot size.
  • Max Spread Allowed - If spread goes higher, EA wont trade. 
  • Stop Loss (Pips) - Fixed Stop loss for each order.
  • Take Profit (Pips) - Fixed Take Profit for each order.
  • Averaging Basket TP ($) - Averaging basket take profit of all orders in account currency (zero value means disabled).  

Recommendations:  
  • EURGBP H1
  • Zero spread account.
  • Account that support hedging. 


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Version 1.2 2024.05.04
* Fixed magic number.
Version 1.1 2024.04.13
* Fixed Averaging Basket TP parameter.