TraderX

TraderX is an automatic trading advisor not sensitive to spread, designed for both deposit overclocking and conservative trading, depending on the trading risk you choose. TraderX uses modern filtering algorithms and a unique author's strategy to generate transactions on the Forex market, etc. You can see the results of testing TraderX with a spread of 30-50 pips in the screenshots below.

The EA is able to work on different time intervals and with different currency pairs. TraderX analyzes the market based on unique author's indicators and statistical data, and then decides to enter the market.

The EA has a built-in risk management feature that allows you to adjust the parameters to minimize losses. TraderX has a simple and intuitive interface that makes it easy to set up the parameters and launch it for automated trading. 

TraderX has an infobar with a tick indicator and additional information about the state of the adviser, which can be minimized if necessary.

EA settings

- - - - - - - - - Settings - - - - - - - - -

Fast period - fast period of TraderX EA indicator

Fast smoothing - fast period smoothing

Slow period - slow period of TraderX EA indicator

Slow smoothing - slow period smoothing

- - - - - - - Time filter - - - - - - -

Start trade /hour GMT/ - GMT trading start hour

Trade period /min/ - trading period in minutes

- - - - - - - - - Orders - - - - - - - - -

Maximum number of orders on trade - the maximum number of simultaneously open orders

Lot increment mode - trading mode of increasing the lot size on each new order in the series

Deposit risk % - risk as a percentage of the deposit for the initial lot

Fixed lot (if Deposit risk = 0%) - fixed lot size is used if Deposit risk = 0

Max slippage /pips/ - maximum amount of slippage in points of the terminal

Magic - unique number of EA orders

Order comment - comment on EA orders

- - - Only for testing in MT4 - - - this only works for testing the EA on your broker's quotes

Winter hourly offset GMT of brokers quotes - winter offset of your broker's quotes in hours

Daylight saving time of brokers quotes - a way to switch to daylight saving time of your broker's quotes

How to test an adviser

If you do not have Metatrader 4 installed yet, install the Metatrader 4 terminal program by downloading it from your broker's website

Download the demo version of TraderX by clicking the button in the left panel of this page "Download demo version for free" in your terminal

Default EA settings for the EURUSD M1 pair and optimized from 2021.01.01 on a spread of 30 pips GMT offset +2, DLS_EUROPE

Set the EURUSD M1 currency pair in the tester, testing period from 2021.01.01

If your broker's quotes are different from GMT, set the correct time offset in hours and DLS to match your broker's quotes. This is necessary in order for the adviser to understand correctly the opening and closing times of candles, broker quotes.

Now you can click the test button and check the profitability of the EA.

You can download optimized settings for different pairs here

Important!!!

• The default EA settings are made for the EURUSD M1 pair and optimized for the period from 2021.01.01 to 2023.03.01 on a spread of 30 pips GMT offset +2, DLS_EUROPE
• If the currency pair or timeframe in the terminal does not match the preset, the preset line on the infobar will be highlighted in red, but trading will continue for the current pair and the current timeframe!!!
• By clicking on the button in the lower right corner of the infobar, you can collapse it, this function does not work in the strategy tester
• The Expert Advisor uses trade averaging, which you can adjust in the settings, this increases both risk
• You can change the settings suggested by the author at your own peril and risk.
• Presets - TraderX settings for other currency pairs can be downloaded here.