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Tasmanian devil EA

Tasmanian Devil is a fully automated Expert Advisor with no use of martingale and gridsystems. It Uses significant price levels to make the order entries.
All trading positions contain a stop loss, and also include take profit. Which results in a very low draw down.

Advantages

  •  Advanced algorithm for tracking positions.
  •  Each item contains a protective stop loss.
  •  Work with fixed and risk based lots on MM.
  •  Does not use indicators, grid, martingale, arbitration.
  •  More exit strategies
  •  Protection against spread increase.
  •  Low trading drawdown.

Recommendations

  • The minimum deposit is $50.
  • Recommended pairs: EURUSD, GBPUSD but other pairs may also be profitable.
  • Timeframes: H1 and may also work great on lower timeframes.
  • Use an ECN-broker with fast order execution. i reconmend http://www.icmarkets.com/?camp=28024
  • For reliable and trouble-free operation it is desirable VPS.

Input parameters

Money Management

  • Lot mode - How to determine how many lots to use on each order.
    • Fixed lot - Uses the fixed lot for orders.
    • Risk - Uses a risk calculated lot.
  • Fixed lot - the lot for manual lot trading.
  • Risk of account %. - Risk value.

Exit Settings

  • Exit strategy - How to exit the order.
    • Stoploss and Take profit - Sets SL and TP
    • Trail - Trailing the order.

Stoploss TakeProfit

  • Take profit - Set Take profit
  • Stop loss - Set Stop loss.

Trail

  • Trailing. Start - When to start trail
  • Trailing. Step - Steps to trail.

Spread

  • Use high spread protection - Use spread protection?
  • High spread - Don't place orders if spread is higher than this

Misc

  • MagicNumber - unique identifier of the Ea's orders.
  • Trade Comment - Order comment
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Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
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Version 1.1 2019.09.16
Risk error corrected