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Cheap Robot

Cheap Robot is a fully automated EA for the Metatrader4 platform. You do not need to configure it. Just upload the robot to the Metatrader4 platform, open the GBP1D currency pair H1 timeframe and start trading the robot. You don’t have to do anything else. The robot itself will analyze the market, open / close transactions, manage finances and risks. This is a complete automated trading system.

How to start trading using Cheap Robot:

  • If you do not have a Metatrader4 terminal yet, you need to install it on your PC. The terminal can be downloaded on the website of any of the forex brokers with whom you want to start trading.
  • Next, you need to pay via the mql5.com website for the Cheap Robot robot. To do this, press the "BUY" button under the logo of the robot. Next, you need to choose a payment method and make a payment.
  • After paying for the robot, you need to activate it on your Metatrader4. Instructions on how to do this at https://www.mql5.com/en/articles/498 The robot will appear in the list of robots in your Metatrader4 terminal. Path to the Marker / experts robot.
  • After you have activated the robot, you can start trading with it. To do this, open a window with the GBPUSD currency pair in Metatrader4, turn on the H1 timeframe and run the "Cheap Robot" robot in this window. Settings do not need to be changed.
  • All! Congratulations! You have launched the Cheap Robot automated trading system on your PC. From that moment, the robot began to trade.
  • If you still have questions about launching the robot, write them to us at sendkod@ukr.net


Robot Settings:

  • step_buy and step_sell - the distance in the number of points between open orders. The robot opens an order at each signal. Even if there is already an open order and a new signal appears, the robot will open a new order. In these parameters we indicate the minimum distance between open orders.
  • period_buy and period_sell - in these parameters we indicate the period of the robot for each of their types of orders. For Buy orders, one period; for Sell orders, another period.
  • Risk - this parameter indicates how much transactions will be opened. The value can be from 1 to 100. The higher the value of this parameter, the higher the volume of opened transactions. With an initial deposit of $ 100 and the value of the parameter Risk = 1, the robot will open trades with a volume of 0.01 lot. With the value of the parameter Risk = 1 and the initial deposit of $ 1000, the robot will open trades with a volume of 0.1 lot. Thus, the robot increases the volume of opened transactions depending on the size of the deposit. The volume is indicated as a dynamic value and is constantly growing with the current trade deposit.
  • TrailingStop - indicate the trailing stop in points.
  • StopLoss - indicate stop loss in points.
  • max_order - in this parameter we indicate how many simultaneously the robot can open orders. If you specify the value of the parameter max_los = 10, the robot will open simultaneously no more than 10 orders. Since the robot opens deals in sections, this parameter indicates how many orders can be in one trading section.
  • vol - each candle has its own tick volume. By the value of the volume, it is possible to determine whether a new candle is open or this candle is already at the stage of formation or completion. The vol parameter tells the robot that if the volume of the candle is even less than the value specified in the parameter, then the robot can open a deal. If the tick volume exceeds the value in the vol parameter, the robot will not open trades until a new candle appears. The parameter serves as an effective spurious filter.
  • Magic - is a magic number. ID of transactions of the robot. By this parameter, the robot understands where the transactions that he opened, and where the transactions that another robot opened. For each trading pair and timeframe, it is recommended to indicate your individual identifier.
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Lo Thi Mai Loan
5 (2)
Experts
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Chen Jia Qi
5 (13)
Experts
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Profalgo Limited
5 (6)
Experts
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Bogdan Ion Puscasu
4.92 (130)
Experts
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Andrey Kozak
3.75 (4)
Experts
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Aleksandr Chebotaev
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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AW Trading Software Limited
4.3 (70)
Experts
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Thi Thu Ha Hoang
5 (12)
Experts
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Yu Mei Cheng
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Experts
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Marzena Maria Szmit
4.39 (23)
Experts
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Stanislav Tomilov
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Experts
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Sugianto
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Experts
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Stanislav Tomilov
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Experts
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Fanur Galamov
5 (15)
Experts
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Profalgo Limited
5 (2)
Experts
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Lo Thi Mai Loan
5 (4)
Experts
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Ho Tuan Thang
4.3 (10)
Experts
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Marzena Maria Szmit
5 (9)
Experts
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lizhi fu
4.8 (54)
Experts
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
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Sof'ia Vlasova
5 (1)
Experts
Fenghuang EA utilizes clustering principles in machine learning to analyze data, identifying groups of objects or events with similar features or relationships. It uncovers hidden patterns and categorizes objects by similarities, aiding in the discovery of causal relationships. The EA allows for in-depth data analysis, highlighting significant relationships without risky techniques like martingale, netting, or scalping, making it compatible with various brokerage environments. Read more about t
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Ugochukwu Mobi
Experts
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AI Gen XII MT4
Denis Kurnev
Experts
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Sugianto
5 (13)
Experts
SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share
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Stanislav Tomilov
4.76 (17)
Experts
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Wall Street Scalper MT4
Evgenii Aksenov
5 (2)
Experts
A scalping robot of a new generation should be developed using Artificial Intelligence. Suitable for scalping trading on one of the most popular US Wall Street 30  index (US30). The strategy has passed months of tests on real and demo accounts and is currently being used on several investment accounts with different Profit/Risk ratios. Risky methods and strategies are not used: grid, martingale or topping up. Each trade has a Stop Loss and Take Profit. The Expert Advisor is fully optimize
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지표
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지표
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지표
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Andrey Kozak
지표
Leo Trend is a signal indicator that shows the market entry points, as well as the trend direction and flat on the chart in the form of arrows and lines. Leo Trend will be useful both for beginners creating a trading strategy, and for professionals to integrate into ready-made trading systems. Leo Trend works without redrawing and without significant delays. The operation of the indicator is demonstrated in the video. In addition, you can test this indicator in the strategy tester free of charge
Quantum
Andrey Kozak
Experts
The Quantum Expert Advisor is designed for trading EURUSD H1 . The trading algorithm lies in placing pending orders at the peaks of currency fluctuations, after a preliminary analysis of the market conditions. Trading is fully automated. Lot size is calculated automatically based on the lot percentage. Parameters MaxRisk - percentage of the deposit, used for the automatic calculation of the lot. LongWave - long wave of price fluctuation. ShortWave - short wave of price fluctuation. Level contr
XL arrow
Andrey Kozak
지표
XL Arrow is a signal indicator that displays market entry points. The red arrow and the DOWN signal at the right corner indicate it is time to sell, while the blue arrow and the UP signal indicate it is time to buy. Settings PeriodSlower - indicator slowing period. PeriodFaster - indicator acceleration period. Recommendations trading pairs: EURUSD, GBPUSD and USDJPY timeframes: M5 - H4
BoxetFx
Andrey Kozak
Experts
The BoxetFx Expert Advisor analyzes the market using multiple trading strategies. Once the optimal signals for opening trades are obtained, the EA automatically determines the order volume as a percentage pf the deposit. Next, a pending order is placed in the direction of the expected price movement. When the deal reaches an optimal profit or loss level, it is automatically closed. Multiple analytical centers of information processing allow the EA to diversify the possible risks of the trader by
Medok
Andrey Kozak
지표
The Medok indicator shows the market entry and exit points on the chart using arrows and resistance lines. The indicator is very easy to use. Buy when a blue arrow appears and sell when a red arrow appears. After an order is opened, it is recommended to close a buy position when the price reaches the lower resistance level or to close a sell position when the price reaches the upper resistance level. Recommended values for EURUSD H1 Periods - 2; Acceleration - 0.02. Recommended values for EU
TOP Xios
Andrey Kozak
지표
TOP Xios is a ready-made trading system, which provides the trader with signals for opening and closing deals. The information panel in the right corner of the screen shows the total number of signals, the number of points in profit or loss and the percentage of valid and false signals. Working with this indicator is very simple. As soon as a blue arrow appears, open a buy deal and wait for a red cross to appear, which indicates the necessity to close the deal. When a red arrow appears, open a s
Buy Market Scanner
Andrey Kozak
지표
Buy Market Scanner is a ready-made trading system, which shows the moments when it is necessary to open or close deals. Buy arrows appear on the zero bar without delay and redrawing. The same applies to signals for closing orders. They appear on the zero bar and are not redrawn. The number of profit or loss in points for a certain time period is displayed in the top right corner of the indicator. The indicator works best on the EURUSD currency pair with the H1 timeframe. Operation Principles I
DayWay
Andrey Kozak
지표
The DayWay indicator shows the current trend direction on the chart as a colored line. The best timeframes for operation are M5 and higher. Works on all currency pairs. Suitable for any scalping strategies. Quite easy to use. Recommendations on usage When a blue line appears, wait for a candle to close and open a buy order. When a red line appears, wait for the current candle to close and open a sell order. Parameters Periods - period of the indicator.
Nizma
Andrey Kozak
지표
NIZMA is a ready-made trading system, that is the most efficient on the EURUSD, AUDUSD and GBPUSD currency pairs. The best timeframes are M5 and higher. The system shows the market entry points in the form of arrows, and also displays the information on the strength and direction of the trend. The signals are easy to interpret. It is suitable for both novice and professional traders. With the properly selected settings, it gives the minimum number of false signals. In tests, this number did not
Lobster
Andrey Kozak
지표
Lobster is a ready-made trading system with a flexible market analysis algorithm. It performs most of the work for a trader. All you have to do is open and close orders following the indicator signals. The indicator will be very useful for both beginners and professionals. It is able to work with other indicators and independently. Features No signal repainting; Any pair; Any timeframe; Flexible market analysis system. How to trade When the blue arrow appears, open a buy order; When the blue
Gets
Andrey Kozak
지표
Gets is a smart trading system with complex market analysis mechanism. The operation principle of Gets is based on neural networks and diversified collection of information from various market analyzers. Then the system analyzes the statistical databases to create a general idea of the current market situation and the further price movement. The information is displayed on the screen in a simple and intuitive way - in the form of buy and sell arrows. Also, the information on the current trend st
Brabux
Andrey Kozak
지표
Brabux is a ready-made mechanical trading system. It works on all currency pairs and timeframes automatically adjusting to them. It also selects the most efficient trading parameters for receiving a necessary profit. In the indicator parameters, specify the trading period used for calculations and the least acceptable profit in points. Next, the system automatically selects the necessary trading parameters. Trading data is displayed on the info panel. After setting the indicator on the chart and
CoolLine
Andrey Kozak
지표
CoolLine is a signal indicator displaying on a chart points for opening and closing trade positions. The indicator signals are not redrawn. It draws arrows on the zero bar Open[0]. It works on all currency pairs and all time frames. Indicator Advantages Precisely shows the opening and closing points on the chart Does not redraw signals Works on all currency pairs and timeframes Very easy to use; suitable even for beginners Has a very flexible system of settings Can send push and email notifica
Master Figures
Andrey Kozak
지표
The Master Figures indicator analyzed the market for the most common chart patterns. The first pattern is called Pin bar . This pattern can rightly be considered one of the most widespread. This pattern looks like a candle with a small body and large tail (wick). Once you see it on the chart, open a position against the wick. It is better to use the resistance lines for closing. Master Figures shows this pattern in the form of circles. A position should be opened when a new candle appears after
Market Trend
Andrey Kozak
지표
Market Trend - a comprehensive system for determining the trend direction. Analyzes the market using a formula which considers the values of multiple technical indicators and other trading strategies. IT determines not only the current trend direction, but also its movement strength. The indicator is intuitive and very easy to use. The information on the current trend direction and its movement strength are displayed on the chart. If the indicator shows "UP!" then an uptrend is currently present
Aggressive Intraday Scalper
Andrey Kozak
지표
Aggressive intraday scalper is a mechanical system for intraday scalping, which displays trade opening and closing signals as arrows on the chart. When a signal emerges, the indicator sends email and push notifications. So, you don't have to stay by the monitor analyzing the market and waiting for a signal. Aggressive intraday scalper will do it for you. The system has been developed for those traders who do not have their own trading system and who would love to quickly start trading using the
Jerus Line Scalper
Andrey Kozak
지표
Jerus Line Scalper is an indicator for scalping on EURUSD, GBPUSD, AUDUSD, USDJPY and USDCAD pairs. Recommended pairs: M5, M15, M30 and H1. The trading strategy is as follows: as soon as the arrow appears, open an order in the direction of the arrow and set take profit to +10 points. Set stop loss at the indicator's stop line. Stop line is displayed in red or blue depending on the indicator signal. Also, the Martingale system can be applied in the system. If a trade is closed at a loss, the next
DotaScalping
Andrey Kozak
지표
DotaScalping is a semi-automated trading system for scalping. The indicator shows recommended moments for opening Buy/Sell trades as dots on the chart. Signals are generated based on the algorithm for price amplitude smoothing. The indicator tries to accurately calculate the moments of the maximum peak price values ​​and produces signals based on the smoothed correlation. The indicator determines the High and Low price values and generates signals based on the trend direction. The indicator is v
ForexGumpUltra
Andrey Kozak
3.25 (4)
지표
ForexGumpUltra is a new and more advanced indicator of the ForexGump series. This indicator easily determines the price direction on any currency pair and any timeframe. The indicator draws its signals on the zero bar and does not redraw them (see the video). In the 34th second of the video it can be seen that this indicator uses new filters to determine the changes in price movement direction without delay, despite the market noise present at the moment (see the video on the 34th second). Once
Bomb Scalper
Andrey Kozak
지표
Bomb Scalper is a ready-made mechanical trading system that analyzes the market using 12 market signals, as well as candle patterns, providing signals for opening and closing trades. On the screenshot below, you can see how the system draws the blue arrow for buying and the red one for selling. Order close signal is shown as the yellow arrow. Besides, during a closing signal, the indicator calculates potential profit/loss. How the indicator works After launching, Bomb Scalper navigates through
Striker
Andrey Kozak
Experts
Stiker is a robot capable of trading in automatic or semi-automatic mode . If auto=true in the robot settings, the robot automatically opens and closes orders on its own when a signal appears. If auto=false, the robot analyzes the market and shows signals on the screen, while a trader manually confirms opening or closing orders by clicking the Open Buy and Close Order buttons. This is done to enable traders make trading decisions themselves. This reduces the trading risk. Striker is a smart syst
Ready Made Scalping System
Andrey Kozak
지표
If you do not yet have your trading strategy, you can take advantage of our ready-made trading strategy, which is most effective for EURUSD H1 currency pair. The indicator "Ready Made Scalping System" automatically analyzes the market and shows the trader when to open and close orders. You just need to follow his instructions. When the arrow appears - open the order, when a square appears with a tick - close the warrant. For convenience of the trader, the indicator when signals appear sends a
Amok
Andrey Kozak
Experts
Amok is a fully automatic trading system that was developed for trading on the EURUSD currency pair, H1 timeframe on micro accounts. Nevertheless, as practice shows, this trading system works well in other currency pairs. Principle of work of the trading robot Amok In the algorithm of the robot, there are more than 7 different trading strategies. This was done to ensure that the robot could work more stably in different market conditions. The program part of the robot uses 12 different indicat
ForexGumpXL
Andrey Kozak
4.5 (2)
지표
ForexGumpXL is a new generation in the forex gump indicator line. More accurate, faster, less complicated in the settings is all about the new ForexGumpXL indicator. In the new version of the indicator, we have applied a truly new algorithm of work. Now he does not just analyze the market for a price reversal, but with the help of an adaptation algorithm, determining the current volatility in the market indicator with a high degree of probability is able to anticipate false price reversals in or
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