Strategy Advisor Speedometer
- Experten
- Roman Lomaev
- Version: 1.0
- Aktivierungen: 5
Speedometer Expert Advisor for MetaTrader 5
The Speedometer Expert Advisor is an automated trading robot based on the "Forex Speedometer" strategy. It is designed to trade financial markets by analyzing tick data speed and employing automatic risk management systems. The "Forex Speedometer" strategy involves opening trades during periods of increased market activity, allowing for profit extraction during sharp price movements. This expert advisor is suitable for trading both standard currency pairs and XAUUSD (gold), providing precise trade entries and exits with minimal risks.
Key Features:
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Trading based on the "Forex Speedometer" strategy: The EA monitors the tick speed and opens trades when a set threshold is reached. The strategy is designed to take advantage of active market phases where price moves swiftly, maximizing profit potential during volatile periods.
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Automatic lot calculation (AutoLot): When the AutoLot function is enabled, the EA automatically calculates the position size based on the predefined risk level, helping protect your capital and optimize returns.
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Flexible stop-loss and take-profit settings: Depending on the instrument being traded (currency pairs or gold), the EA applies appropriate settings for Stop-Loss and Take-Profit, allowing you to tailor the parameters to your preferences.
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Spread protection: Before opening a trade, the EA checks the current spread and prevents trades if the spread exceeds the allowed limits. This protects you from trading during periods of low liquidity or high volatility when spreads widen.
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User-friendly interface: All parameters are easily customizable, making the EA simple and convenient to use, regardless of your trading experience.
Settings:
- FixedLot — Fixed lot size (used if AutoLot is disabled).
- AutoLot — Enables automatic lot calculation.
- RiskPercent — Percentage risk per trade when using AutoLot.
- TickCalculationPeriod — Time period for calculating tick speed (in seconds).
- EntrySpeed — Minimum tick speed required to enter a trade.
- ExitSpeed — Maximum tick speed for exiting a trade.
- StopLossPips — Stop-loss in pips for currency pairs.
- TakeProfitPips — Take-profit in pips for currency pairs.
- GoldStopLossPips — Stop-loss for XAUUSD.
- GoldTakeProfitPips — Take-profit for XAUUSD.
- MaxSpread — Maximum spread allowed for currency pairs.
- GoldMaxSpread — Maximum spread allowed for XAUUSD.
- MagicNumber — Magic number for trade tracking.
Benefits:
- Based on the "Forex Speedometer" strategy, effectively leveraging periods of high market activity for profitable trades.
- Optimized for various trading instruments, including XAUUSD (gold).
- AutoLot feature for dynamic risk management.
- High precision in trade entries and exits based on price speed.
The Speedometer Expert Advisor is an excellent choice for traders looking to automate their trading based on the "Forex Speedometer" strategy, using market speed as a key indicator for making informed decisions.
