Basic Fire 5
- Experts
- Vitalii Zakharuk
- Version: 1.0
- Activations: 5
Basic Fire is an innovative and highly efficient automated assistant for traders, designed specifically for trend trading in the Forex market.
Forex trading requires significant time, effort, and expertise. With trading bots, traders can automate their strategies, leverage market trends, and avoid spending countless hours on analysis. Basic Fire is your reliable tool for trading highly volatile currency pairs, particularly during periods of intense market activity.
What is Basic Fire?
Basic Fire is an intelligent trading bot built on advanced algorithms for analyzing market trends. It helps traders make informed decisions by utilizing real-time data. The bot's key features include:
- automatic trade execution (opening and closing positions),
- risk management,
- market condition monitoring.
It is compatible with popular platforms like MetaTrader 4 and 5 and works seamlessly with various brokers. Basic Fire is versatile and performs optimally across all currency pairs, especially on H1 timeframes.
Key Advantages of Basic Fire
- Ease of Configuration: Its intuitive interface and flexible parameters allow customization to fit any trading strategy.
- Compatibility: Supports both Netting and Hedging account types and works with any broker server.
- Efficiency: Optimized for trading on liquid currency pairs, with support for both pending and active orders, including trailing stops.
- Versatility: Operates with a minimum deposit of $1,000 and a lot size of 0.01.
Recommended Usage
For stable performance, it is advised to use Basic Fire on VPS servers and trade liquid currency pairs.
Basic Fire Settings
Its configurable parameters enable you to tailor the bot's behavior and strategy:
- LimitTrades: Maximum number of trades.
- CommentOrders: Comments on orders.
- RealTakeProfit: Take-profit in points.
- RealStopLoss: Stop-loss in points.
- RealTrailingStart: Trailing start in points.
- RealTrailingStop: Trailing stop in points.
- PendingTrailingOn: Enables trailing for pending orders.
- PendingTrailingStart: Trailing start for pending orders in points.
- LevelStart: Starting level.
- ScalePips: Scaling in points.
- CorrectionPips: Correction pips.
- LengthSignal: Signal length.
- DeviationSignal: Deviation of signal bands.
- FixationSignal: Signal fixation.
- ChannelBars: Channel bars period.
- VolatilityBars: Volatility bars period.
- IntegrationBars: Integration bars period.
- CorrectionBars: Smoothing of correction bars.
- OrderFilling (for MQL5): Order filling type.
- Magic: Unique identifier for trades.
- Lot: Lot size.
- RiskOn: Risk management activation.
- RiskPercent: Risk percentage.
- MyMarginLevel: Margin level.
Conclusion
Basic Fire is a powerful tool for automating trend trading, suitable for both novice and experienced traders. Its ease of use, reliable performance, and compatibility with leading platforms make it an indispensable asset in your trading arsenal.