FX TradingBot MT4
- Experts
- Vladimir Pokora
- Version: 1.0
- Activations: 5
This is a fully automatic trading robot. It is designed for trading major currency pairs. It looks for various trading opportunities such as support and resistance, swings, gaps and others. As a filter for opening a trade, it uses various indicators and back analysis of trend on daily and monthly charts.
It has been tested in MetaTrader 5 on real data with 100% accuracy for the last ten years.
MT5 version here.
The default setting is for TF M30 and is the same for all major currency pairs. It has excellent results with this setting also on the TF M15 or H1. It can also be successful on other currency pairs.
This EA also displays a practical information panel on the chart with various buttons that you can use, for example, to open your own trades.
This is not a scalping robot. It is not sensitive to slip and spread. An account with leverage of 1:100 or higher is recommended.
Settings:
You can set the trading hours, the maximum allowed size of the spread and the maximum number of open trades.
Set custom first trade size based on account size...
… multiple of the lot of the next trade and the max size of the lot
… partial trade closure (TP1) and target TP2
… set the TP2 move/decrease if the trade goes into loss
… set TP common to all trades if they are open
… you can set a Stop Loss for each trade and a function to move SL to BE+ (trade opening price + profit)
… TrailingSL moving the SL to higher profit
You can also turn on the function of closing all trades during a large drawdown
It is recommended to have the Time closing security function enabled, which closes trades not hedged against loss after a specified time in minutes (when not in loss)