FairPrice
- Experts
- Paul Timothy Turculetu
- Version: 1.0
- Activations: 10
Overview
You know how you always hear that it is very hard to make a mechanical algorithm for consistent profits? I am here to tell you that it is hard but the best thing you could do is rely on the setups with the highest probabilities. I am here to transcribe hand trading algorithms into expert advisors. This algorithm relies on Fair Value Gaps to make profits. It can be used for most Forex pairs with optimizations, it also works well on gold.
Features of Algorithm
This algorithm allows you to choose your own risk management by asking for a risk-to-reward, how much you are willing to risk per trade, how long until the order expires and even the amount of points you want to win per trade.
Other Details
I recommend optimizing the algorithm for the pair you want to trade before using it or email me at Pentaflouride@proton.me. In general, the algorithm works better on higher time frames such as the 1 and 4 hour time frames. As is the algorithm will not place any orders if there are other orders active. If there are any problems you can email me and I will get back to you. I already have ideas to improve this algorithm so stay tuned!
