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Onrex IV

ONREX IV 

ONREX IV is a trading tool that be used to practise and enhance your manual trading skills. It's also Auto Trading Expert Advisor.

Don't worry if your trades goes in the wrong direction, ONREX IV will take over and try to manage and control your risk management.

ONREX IV offers a trading interface panel that allows traders to trade manually or opt FULL AUTO TRADING. It's also set to hide the Take Profit and Stop Loss.

ONREX IV has its own Magic Number, please use trade button on the panel If you're utilising manual trading. Other EA's orders will not be taken over by ONREX IV.

Except SMART Close turn ON is enabled.


Recommended Info
Symbol GBPJPY
Timeframe H1
Setting Default
Minimum Deposit $1000


Recommend

Using ONREX IV Premium on a VPS service with at least 1000 USD in your account, unless you want to trade manually. 


Strategy Method

Manual trading - Buy, Sell, Both trades are available. The EA will execute others trades based on your EA plan.

Auto trading - Entry based on RSI (if you don't know what's going on in the market).

"Why RSI is a good choice indicator to use for automated trading in Onrex IV ? Why not others ? "

RSI indicator is more similar to the Break and Retest in my opinion.

Break and Retest strategies are always preferred above Bounce strategies in my trading plan.

Manual Trading is a better option than Auto Trading. Don't rely on indicator too much.


Test before make decision

Manual trading can be used to test in Strategic Tester.

Please download it for testing in a real-time chart for a better experience.

Simply ensure that "Time allow to trade" is appropriately set up. (Start Hour & End Hour)




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Versión 2.30 2022.10.30
- 2 Stages Backup Distance changed to input number.
Versión 2.20 2022.05.20
- Show Profit / Loss Label. (Enable or Disable)
Versión 2.10 2022.04.05
- Advanced Panel Info
Versión 2.0 2022.04.04
- Edit panel Info correctly
Versión 1.90 2022.03.27
- Advanced Smart Close function on Real-Time Chart.
Versión 1.80 2022.02.15
- Built-In Box "No Trade Box"
- Add Gray Mode in chart scheme setting.
Versión 1.70 2022.02.10
- Add Hedge Buy button "HB", Hedge Sell button "HS", and Close button "X".
- "HB" & "HS" button - Automatically 2x lots size on your initial lots size setting.
- "X" button - Close all orders on current symbol.
Versión 1.40 2022.02.05
- Chart Color Scheme Selection. (Dark Mode & Light Mode)
Versión 1.30 2022.01.29
- Smart Dynamic Activation Trigger for 2 Stages added.
Versión 1.20 2022.01.27
- Allow test manual trading in Strategy Tester
Versión 1.10 2022.01.25
- Advanced 2 stages Point Calculation.