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Forex Mentors

Forex Mentor: Your Reliable Partner in Automated Trading

Introduction

Forex Mentor is a revolutionary trading bot designed to automate strategies in the dynamic Forex market. With a focus on trend trading, this bot serves as a powerful tool for traders, enabling them to effectively capitalize on market opportunities while minimizing risks and simplifying decision-making processes. Its versatility and extensive customizable parameters make it the ideal choice for both novice traders and experienced professionals.

Unique Features of Forex Mentor

Forex Mentor employs a fixed volume for opening positions, ensuring stability and predictability in trading. The bot is equipped with automatic risk calculation functionality, allowing it to adapt trade volumes based on current balance and user settings. This makes it a powerful tool for complete trading automation, enabling traders to focus on strategic aspects and market analysis.

Flexible Settings and Risk Management

This bot offers flexible settings for managing series of orders and protecting open positions. The system allows users to limit the number of orders in a series and set protection levels, significantly reducing potential losses. Additionally, Forex Mentor includes advanced parameters for configuring trading signals and correcting steps, which enhances the accuracy of market entries and exits.

Reliable Position Management

Forex Mentor provides options for setting take-profit and stop-loss levels, as well as utilizing trailing stops for effective management of open positions. With a unique magic number and the ability to add comments to orders, traders can easily track and manage their trades. Compatibility with various order filling types makes this bot a versatile solution for any trading conditions.

Configuration Parameters of Forex Mentor

  • Lot: Defines the volume of the trading lot, allowing control over risks for each trade.
  • RiskOn: Enables or disables automatic risk calculation, giving users more control.
  • Risk: Sets the risk level as a percentage, helping in capital management.
  • LimitSeries: Limits the maximum number of orders in a series, promoting control over trading activity.
  • Protections: Establishes protection levels necessary for minimizing losses.
  • signalBarsA: Signal period type A, determining the time frames for analysis.
  • signalDegreeA: Signal level type A, aiding in pinpointing entry moments accurately.
  • signalKstdA: Signal coefficient type A, important for adapting to market conditions.
  • signalCoridorA: Signal corridor type A, ensuring control over entries.
  • signalBarsB: Signal period type B, creating additional analysis opportunities.
  • signalDegreeB: Signal level type B, enhancing the likelihood of successful trades.
  • signalKstdB: Signal coefficient type B, necessary for optimizing trading operations.
  • signalCoridorB: Signal corridor type B, allowing risk management.
  • signalStepCorrect: Adjusts the signal step, improving the accuracy of trading decisions.
  • TakeProfit: Sets the take-profit level to secure profits.
  • StopLoss: Defines the stop-loss level to protect capital from significant losses.
  • TrailingPendingStart: Initiates trailing for pending orders, increasing profit chances.
  • TrailingUnitaryStart: Activates trailing for individual orders, providing maximum protection.
  • TrailingUnitaryStop: Implements trailing stop for specific orders, minimizing risks.
  • MagicNumber: A unique identifier for orders, facilitating tracking.
  • CommentOrders: Allows comments on orders for easier analysis.

Conclusion

Forex Mentor is a reliable and effective tool for automating trading in the Forex market. Its multifunctionality and flexible settings empower traders of all experience levels to find optimal solutions for risk management and effective trading. Try Forex Mentor today and discover new horizons in the world of Forex!



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Ciao trader, ho progettato questo strumento rigorosamente con risultati reali, strumento basato su molte delle mie strategie precedenti, adattandolo al mercato Forex, quindi è adattato all'intelligenza artificiale dell'apprendimento automatico, cioè l'intelligenza artificiale leggerà parametri e poi consultarli per la mia strategia, poi imparerà in modo che le voci siano di migliore qualità, ha anche un nodo dove puoi recuperare posizioni, un'altra delle cose innovative che troverai è che tutto
Signal Account  (running 0.75% Balance Risk) If you need MT4 version or can't afford renting/purchasing contact me for alternative solution. Join  Nexus Community Public Chat This EA is part of   Nexus Portfolio  - a combination of the b est long term EAs I created for my personal trading as well as private fund management. The best NON martingale, grid or averaging EA in mql5 market. Most other EAs only sell backtest dream. This is the only EA that can perform closely in live trading as in bac
PipBandit Pro - Scalper Edition è un Expert Advisor (EA) progettato per trader interessati ai movimenti di mercato a breve termine. Questo EA supporta sia approcci di trading swing che di scalping, con funzionalità per operazioni rapide e ad alta frequenza utilizzando parametri di stop-loss e take-profit. Lo strumento è progettato per operare in mercati dinamici e può anche essere configurato per il trading a lungo termine su timeframe più elevati.
Correct Approach
Ivan Simonika
5 (1)
Correct Approach is a multi-currency multi-functional Expert Advisor that works on any time frame and in any market conditions. The robot is based on an averaging system with a non-geometric progression of building a trading grid. Built-in protection systems: special filters, spread control, internal trading time limit. Building a trading grid taking into account important internal levels. Possibility to adjust trading aggressiveness. The Expert Advisor comes with proven templates for various
Series Controls
Tatiana Savkevych
I present to you the parameters and settings of the Series Control bot, which is an ultra-modern bot for working in the Forex market. This bot uses the latest money management and market analysis technologies to identify trends and make trading decisions. It also has a flexible control and protection system for each position. Currency pairs for trading: EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, USDCHF, NZDUSD, EURJPY, GBPJPY, EURGBP, AUDJPY, EURAUD, EURCHF, AUDNZD, NZDJPY, GBPAUD, GBPCAD, EURNZ
The Forex Exchanger MT5
Fabio Cavalloni
5 (6)
All explainations about the strategy:  https://www.mql5.com/en/blogs/post/747470 Live signals:  Main account:  https://www.mql5.com/en/signals/1416185 Second account:  https://www.mql5.com/en/signals/2111323 Here I will explain only the EA inputs part. This EA will be consistently updated with new and unpredictable things that can bring its performance to a better level every day! Buying this EA you will not only got a powerful automatic trading system, but also all knowledge and experience I'v
Black Jack mt5
Vitalii Zakharuk
Forex Bot Black Jack   is a reliable trend-following trading algorithm designed to automate trading on the Forex market. Trading on the Forex market is complex and dynamic, requiring significant time, effort, and experience for successful participation. However, with the development of trading bots, traders now have the ability to automate their strategies and take advantage of market trends without spending countless hours on data analysis. Forex Bot Black Jack   is a trading bot that uses adv
Nexus Stock Trader is a MT5 Expert Advisor trading US Stocks.  Stock list: AAPL, ADBE, AMD, AMZN, AVGO, BRK-B, COP, CRM, GOOG, INTU, MRK, MSFT, NVDA, TSLA, MVRS, MSTR, IBM The strategy is optimized on IC Markets data from 2018-2025. The EA only goes long aka. buying stock with trailing stop Live Signal ( trading 2% Account Balance Risk) Backtest & Setup Guide : To backtest and run the EA correctly you'll need the BankOrderFlow_update indicator. PM me to receive the indicator and put it in MQL5\I
Genius Mind
Kareem Abbas
Genius Mind EA – Algoritmo di Precisione per il Trading XAUUSD (Oro) Prezzo attuale: 387 $ per le prime 10 copie → Prezzo successivo: 810 $ M1 (Grafico a 1 minuto) Dopo anni di trading manuale intensivo e di un'osservazione approfondita del mercato attraverso un ampio spettro di strategie specificamente progettate per XAUUSD, Genius Mind EA è nato per rivoluzionare il modo in cui i trader retail si approcciano al mercato dell'oro. Questo non è un altro robot che mostra risultati magnifici ne
Golden Pickaxe MT5
Valeriia Mishchenko
3.56 (9)
EA has high-performance live track records of different set files: XAU Risky Vol XAU Balanced Vol XAU Balanced MT4 version can be found here Golden Pickaxe is a mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. It uses real market inefficiencies to its advantage to have an edge over the market. The EA has 5 predefined set files, which are essentially 5 different trading systems on gold . You may choose the defaul
Altri dall’autore
ForexTrendMT4
Andriy Sydoruk
5 (1)
ForexTrendMT4 Indicator: A Reliable Tool for Market Tracking The ForexTrendMT4 indicator offers reliable market trend tracking, filtering out sudden fluctuations and market noise. This tool helps identify trends and signals favorable entry points into the market using arrows. It is suitable for both scalping on shorter timeframes and long-term trading strategies. Based on the principles of technical analysis, ForexTrendMT4 takes into account the cyclical nature of the market. Key Features and A
Agile
Andriy Sydoruk
This is a professional Expert Advisor, which implements the strategy of trading using the Divergents and DivergentsPoint indicators, as wells as filters of the global trend on higher periods. Analyzing the indicators, the system enters the market with a limited martingale and the ability to open up to 8 orders in one direction. Each series of orders has mandatory TakeProfit and StopLoss levels. Also, a trailing stop based on the SAR indicator is activated for a series in breakeven. The robot aut
Divergents
Andriy Sydoruk
Indicator of divergences. It can help you identify the flat and trend areas. It can be applied as a trading filter. It has only one parameter - Period . The indicator does not show entry points, but only visualizes the information. Keep in mind that the approach to trading should be comprehensive, additional information is required for entering the market. Parameters Period - period of the indicator.
Trend indicator based on the price divergence. It can help you in finding the entry points during the analysis. It can be applied as a trading filter. It has two parameters: Period and Level . The Level parameter allows filtering out unnecessary signals. For example, the Level parameter can be set to 0.0001 for EURUSD. The indicator can work both as an entry point generator and as a filter. The indicator clearly visualizes the information. Keep in mind that the approach to trading should be comp
Carousel
Andriy Sydoruk
Carousel expert system compensates drawdowns. The main indicator is Divergents . The EA allows working in one direction (for example, sell order series), while another direction (for example, buy order series) is in drawdown (compensation mode). If series in both directions operate in normal mode, the system does not switch to compensation mode. If a drawdown is detected in one of the directions, the EA goes into the compensation mode and starts compensating the loss-making series by the profita
Versatile
Andriy Sydoruk
Versatile expert system follows the principle "stay in the market for as long as possible". The main indicators are Moving Average and Relative Strength Index. The EA supports working in two directions simultaneously both following a trend and against it depending on the settings. A limited number of orders LimitOrders is used for operation. The EA correctly handles errors and reliably works with a deposit 1000 USD and higher. M5 and higher timeframes are supported. The EA has very flexible sett
IdeaClassic
Andriy Sydoruk
Экспертная система IdeaClassic создана для спокойной торговли на рынке. Основная ее задача - работа с одни ордером без увеличения лота с обязательными стопами, причем стоп-лосс и тейк-профит должны быть одного порядка. Также есть возможность использовать трейлинг-стоп. Для формирования входного сигнала используется индикатор IdeaTrend . Для анализа данного индикатора используется функция, которая может анализировать данные индикатора комплексно. Анализируется до десяти последних сигналов от инди
IdeaIlan
Andriy Sydoruk
5 (1)
IdeaIlan expert system applies IdeaTrend indicator. The EA applies the martingale principle. The EA allows trading in two directions simultaneously. It also has a full set of tools allowing the EA to follow a trend and add to a position if the trend moves in unfavorable direction. The EA correctly handles errors and reliably works with a deposit of 10 000 USD and higher. M5 and higher timeframes are supported. Stop levels and trailing stop are applied. Parameters Magic - magic number; Requotes
PowerFlash
Andriy Sydoruk
PowerFlash - Советник реализует известную торговую стратегию на основе сетки. Это автоматическая торговая система. Вся работа автоматизирована. Бот использует минимум настроек.  Бот работает следующим образом. Выставляется, одновременно, сетка отложенных ордеров в обе стороны от текущей цены на дистанции, указанной пользователем. Размер сетки регулируется от 1 до 100. После чего, куда бы ни пошел рынок, отложенные ордера будут переходить в рыночные. Если рыночные ордера зайдут в общий профит, то
SpatialJump
Andriy Sydoruk
A unique expert system that works as without optimization, with the same settings (although it can be optimized if desired, especially for some brokers). You can test as you like, all ticks, control points, opening prices. The figure has an example. The potential result when testing an average of 100-500% over 3 years. It is recommended to make a multi-currency, if you choose a balanced combination, you can get results up to 500-1000% per annum with potential testing. Verified by EURUSD. The bot
Prophet
Andriy Sydoruk
Prophet is a trend indicator. Shows the direction of turning points. Can be used with an optimal risk-to-profit ratio. The arrows indicate favorable moments and directions for entering the market. Uses one parameter for setting (adjust from 1 to 3). The probability of a successful trend is very high. In the course of work, the take-profit is much larger than the stop-loss! Works on all currency pairs and on all timeframes.
Trendes
Andriy Sydoruk
The Trendes indicator works on all currency pairs and on all timeframes. The arrows indicate favorable moments and directions for entering the market. The probability of a successful trend is very high. Trendes can be used for both small pits and long-term trading. The indicator determines the entry points according to the methods described in the book "How to play and win on the stock exchange". Options LengthA  - The number of bars for calculating the first function; LengthB - The number of b
Martingal
Andriy Sydoruk
The indicator Martingal works on all currency pairs and on all timeframes. The arrows indicate the optimal input points for the future Martingale averaging, even with a zero exponent. The indicator shows the signal to close the series only if all the previous signals can be closed in the profit. After closing the series in profit, you must immediately open the order in the direction of the signal. Thus, the signal for closing is simultaneously the point of reverse opening to the other side of th
Spin
Andriy Sydoruk
If you do not yet have your trading strategy, you can take advantage of our ready-made trading strategy, which is most effective! The trend indicator Spin is created on the basis of price divergence. Will help in finding the entry points for analysis. Can be used as a filter in the trade. Has one Length parameter. The indicator can work for both entry points and filters. The indicator reflects information in a visual form. Do not forget that the approach to trading should be comprehensive, to en
Variator
Andriy Sydoruk
Intelligent algorithm indicator Variator with accuracy generates input signals and output levels. If the average price is blue, you should look for entry points to open long positions when the market is not overbought, and if the average price is red, you should look for entry points to open short positions when the market is not oversold. The rules can be summarized as follows. You should buy during an uptrend when the price reaches the average or oversold, and sell during a downtrend when the
Prognosticator
Andriy Sydoruk
This indicator shows not just a line of the price balance, but also forecasts it for the specified number of bars ahead. That is, the level of the probable balance of the price reflects on the chart in the future. The level of balancing is set by the Balance parameter, that is, it can be drawn at any level. Forecasting the future with the Shift parameter. The indicator reflects information in a visual form. Do not forget that the approach to trading should be comprehensive, to enter the market r
Tic Tac Toe
Andriy Sydoruk
The algorithm of the Tic Tac Toe indicator differs from the usual indicators on the price charts in that it completely ignores the flow of time and reflects only changes in the price. Instead of displaying the time intervals on the X axis, and the price value on the Y axis, the Tic Tac Toe indicator displays price changes on both axes. The indicator displays in red if prices rise by a certain base value (TicTacToe) and blue if prices fall on the same value. If prices fell / rose by less than a c
FiboZag
Andriy Sydoruk
Indicator FiboZag - transfer the indicator to the chart and the Fibonacci levels will be built automatically on the last ZigZag turn. The main advantage lies in the correct construction of Fibonacci levels and markup of price levels. Simple, visual and effective use. The indicator is not redrawn and does not lag. Works on all currency pairs and on all timeframes.
TrendCloud
Andriy Sydoruk
Realization of trend movement indication with points for potential stops in the TrendCloud indicator. It can be easily used as an independent trading system. You can interpret this: the location of the course above or below the shadows show the presence of a trend. The transition to the shadow warns of a possible reversal. Entering the price inside the shadow speaks in a flat motion. The indicator tracks the market trend with unsurpassed reliability, ignoring sharp market fluctuations and noises
Doonchian
Andriy Sydoruk
The Doonchian channel consists of two channel displays. Channel lines are determined by a simple and reliable algorithm. The channel is preferably used for trading inside the channel. The indicator does not redraw and does not lag; simple algorithms are the basis of the work. It works on all currency pairs and on all timeframes. As always a warning, we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.
VictoryCPM
Andriy Sydoruk
The VictoryCPM (Currency Power Meter) indicator will show the strength of currency pairs. The indicator is created for those traders who prefer to trade several currency pairs at once. This tool is able to display on the trading chart data on the current strength of various currencies. The foreign exchange market has a dynamic structure, which is why different currencies affect each other. For this reason, in order to identify the optimal point for creating an order, it is necessary to familiari
Progressive
Andriy Sydoruk
The  Progressive  Expert System works using sharp tick movements. Works with a deposit of $ 100! The classic method of trading scalping. It is also worth noting that with the allowable spread level, the bot goes through any historical period on any currency pair. There is no point in testing at opening prices, either checkpoints or all tics. It is possible to work on accounts with a floating spread, entry into the market will occur only when the spread is lower than the level specified in the se
Element33
Andriy Sydoruk
Экспертная система Element33 работает, на любых типах счетов. Работает как в 4-х так и с 5-значными котировками. Спрэд и реквоты не критичны, подойдет любой брокер. Экспертная система разбивает историю на 4 квартала, для оптимизации рекомендовано три года на периоде H1 или H4. Оптимизацию можно проводить по ценах открытия, результаты мало отличаются от тестирования по реальным тикам, поскольку бот работает по ценам открытия. Оптимизировать достаточно один раз в месяц! Для получения более хороших
FiboPoint
Andriy Sydoruk
A trend indicator that shows the direction of pivot points. It can be used with an optimal risk to reward ratio. The probability of a success trend is very high. The indicator uses arrows to show favorable time to enter the market and market entry directions. Uses only one adjustable parameter (a value from 1 to 3). Take profit is much larger than stop loss! The indicator works on all currency pairs and time frames.
WiseBW
Andriy Sydoruk
The  WiseBW  indicator simplifies decision making by recognizing turns using the built-in algorithm, and then confirms signals at support / resistance levels. Thus, the indicator tracks the market trend with unsurpassed reliability, ignoring sharp market fluctuations and noise around the average price. The indicator can be used both for pipsing at small periods, and for long-term trading. Options: updown  - offset pips for indentation of icons; back  - how many bars to take into account; CountBa
TrendCross
Andriy Sydoruk
The indicator bounds the price according to a cyclic wave dependency using moving averages. Thus, all the crossing points, in which the movement is changed considering the indicator period, are the optimal ones. The crossing points can be used as the potential market reversal points. However, do not forget about the complex approach: the indicator signals require additional data to enter the market.
ComplexPulse
Andriy Sydoruk
ComplexPulse - pulse indicator or signal. Sensitive and responsive to price movements. The indicator shows the interdependence of various currency pairs, namely: USD, EUR, GBP, CHF, JPY. Currencies are measured in relative units, so in each unit of time the sum of all currencies will be equal to zero. Hence, one of the main elements of cluster indicators is the zero line, or the balance line (zero line). If a currency is below the balance line, then it is said that the currency is oversold rela
RegressionXP
Andriy Sydoruk
Индикатор RegressionXP рассчитывает два типа регрессии и вычисляет среднеквадратичную девиацию цены на данном диапазоне. Важна прямая золотая линия (регрессия первой степени), показывающая направление и состояние текущего тренда на выбранном таймфрейме. Чем больше угол с горизонталью, тем сильнее тренд. Таким образом, мы имеем возможность делать выводы относительно состояния валютной пары по текущему расположению цены относительно линии регрессии. На расстоянии от золотой линии проходят параллел
TrendLSMA
Andriy Sydoruk
5 (1)
The TrendLSMA indicator is very reliable because it is based on moving averages. The TrendLSMA feature is the presence of a signal for entry / exit - the indicator line indicates in a certain color the signals "buy" or "sell". The accuracy of this signal is very high, 95% success rate for 5% failures. TrendLSMA is also suitable for exiting a position. The indicator almost completely captures the trend, but during flat it is necessary to use filters. When entering a position, you will always work
Индикатор DivergenceMRDM  ситуацию, когда направление движения цены и технических индикаторов не совпадает. Что можно воспринимать как точки для входа в рынок, точки потенциального разворота рынка. Чаще всего проявляется сигнал при достижении индикатором зоны перекупленности или перепроданности. Один из четырех индикаторов: MACD , RSI , ADX , Momentum . Готовая торговая система. Индикатор не перерисовывается и не запаздывает 95% сделок прибыльные. Работает на всех валютных парах и на всех таймфр
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