Administrator Forex mt4
- Experts
- Vitalii Zakharuk
- Version: 1.0
- Activations: 5
Administrator Forex is an expert advisor designed for trend trading in the Forex market.
Features and Capabilities
Administrator Forex features an advanced architecture and works with pending orders, ensuring flexibility and precision in trade management. The bot supports:
- Trailing Stop for both pending and real orders,
- Separate configuration of stop-loss and take-profit for different order types,
- Virtual stop-loss and take-profit options, minimizing the impact of market volatility.
The advisor is versatile and can be used with any timeframes, currency pairs, and broker servers.
Recommended Usage Conditions
- Trade with liquid currency pairs for optimal performance.
- Use a VPS to ensure stable operation and reduced latency.
- The minimum deposit to start is $1,000 with a lot size of 0.01.
- Compatible with Netting and Hedging account types.
For reliable performance and accurate analysis, it is recommended to backtest the bot using all ticks.
Key Parameters and Settings
Administrator Forex offers a wide range of configurable parameters to suit your trading strategy:
- TypeFilling: Order execution type (chosen based on your broker's requirements).
- Magic: Unique identifier for tracking orders.
- Lot: Fixed lot size (active when automatic management is disabled).
- Risk: Automatically adjusts lot size based on deposit size.
- LimitTrades: Maximum number of orders in a series.
- GridStep: Minimum grid step size.
- RealStopLoss: Stop-loss for real orders.
- RealTakeProfit: Take-profit for real orders.
- VirtStopLoss: Virtual stop-loss.
- VirtTakeProfit: Virtual take-profit.
- RealTrailingStart: Activation level for trailing stop on real orders.
- RealTrailingStop: Trailing stop value for real orders.
- PendingTrailingOn: Enables trailing stop for pending orders.
- PendingTrailingStart: Activation level for trailing stop on pending orders.
- PendingTrailingStopLoss: Stop-loss for pending orders.
- PendingTrailingTakeProfit: Take-profit for pending orders.
- LevelStart: Initial level for pending orders.
- LengthSignal: Signal system parameter #1.
- DeviationSignal: Signal system parameter #2.
- FixationSignal: Signal system parameter #3.
Conclusion
Administrator Forex is a flexible tool for automating trend trading. Its detailed settings and extensive parameter support make it suitable for both beginner and experienced traders.