Royal Fractals ProfRoboTrading
- Experts
- Alexey Cherkashin
- Version: 1.31
- Activations: 5
ROYAL FRACTALS is a unique Expert Advisor created by a professional prop trader and financial asset manager with many years of experience. This is a solution for those who strive for stable profits without constant control over each transaction or monitoring the work of a trading advisor. Created for optimal conservative trading and investing through exchange instruments with long-term regular profits and minimal risks. The Expert Advisor algorithm is based on a deep understanding of market patterns and personal experience in exchange trading. The author's strategy has passed the test of time, therefore guarantees accurate signals and well-thought-out decisions.
You can open a trading account with the Roboforex broker using our affiliate code "pson" and get special conditions for trading and a 50% discount on our expert advisors
ATTENTION! CAREFULLY STUDY THE OPERATING PRINCIPLE AND AVAILABLE SETTINGS OF THE EXPERT ADVISOR BEFORE YOU START USING IT!
ROYAL FRACTALS: A Comprehensive Overview.
This universal expert advisor is a unique and effective technical tool for trading in a channel built on fractals according to the time segments of straight lines determined by our proprietary indicator, thanks to the unique algorithm of which the expert works effectively on different timeframes and on all trading instruments.
- Use time control 1 and Use time control 2 (false / true) - select the period of time of work when true is enabled. If false, the advisor will work around the clock
- Lot - the size of the first order in lots (min. 0.01)
- Mult 0 - the multiplier with which subsequent averaging orders will be opened
- Distance 0 - Distance in pips after which the indicator signal will be accepted to open the next position
- Close by opposite signal (true / false) - Closing by indicator signal when an opposite fractal appears using the profit size filter in pips, after which this signal will be accepted.
- Min profit for signal close - the profit size filter in pips, after which this signal will be accepted.
- Use fix TP (true / false) - Closing by fixed TakeProfit in pips.
- Profit 0 - Fixed TakeProfit in pips
- Magic Number - If you work with several instruments simultaneously on one terminal, you need to specify different numbers for each instrument. Also, if the expert has already opened positions, then when changing the number, the expert will start working again, and new positions will not be compared with the previous ones.
- Font size - changing the font in the expert panel
- Use dd control 1 (Drawdown Filter) - specifies the maximum drawdown in percentage
- Level of dd 1: drawdown in percentage
- Distance 1: distance in pips to open the next position
- Mult 1: the multiplier with which subsequent averaging orders will be opened
- Profit 1: fixed TakeProfit for closing all open positions
- Use dd control 2 (Drawdown Filter) - specifies the maximum drawdown in percentage
- Level of dd 2: drawdown in percentage
- Distance 2: distance in pips to open the next position
- Mult 2: the multiplier with which subsequent averaging orders will be opened
- Profit 2: fixed TakeProfit for closing all open positions
The chart also displays the zero price of the grid from all open orders (breakeven level) as a yellow line.
- Ticker of the traded instrument
- The number of open BUY and SELL orders
- The size of the current unfixed drawdown or profit (with a drawdown of up to 20% - standard color, with a drawdown of more than 20% - red, with profit - green)
- The size of the fixed profit for the current day, week and month
- Two buttons for closing all open BUY or SELL orders manually, if the trader so desires.
For conservative trading, we recommend using a cent trading account and the 24-hour trading mode simultaneously with all currencies available for trading on Forex on the H1 or H4 Timeframes. My colleagues and I at ProfRoboTrading use cent accounts with the Roboforex broker 1:200 and the following settings for $500 deposits:
- Lot: 0.01
- Mult: 1.5
- Distance 0: 200
- Close by opposite signal: true
- Min profit for signal close 200
- Use fix TP: true
- Profit 0: 500
- Magic Number: If you work with several instruments simultaneously on one terminal, you need to specify different numbers for each instrument. Also, if the expert has already opened positions, then when changing the number, the expert will start working again, and new positions will not be compared with the previous ones.
Trading is carried out simultaneously with 18-24 currencies, which provides very good diversification.
This expert advisor can be used to trade all instruments without exception on all markets and on any timeframes, but for this it is necessary to first select the appropriate settings for them.
You can purchase any of our professional Expert Advisors for MT4 at a 50% discount through our affiliate program. For more information, visit https://profrobotrading.store/ "
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