Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Introducing a unique EA that automatically trades on the Forex and Gold markets. Expert Alpha Trading applies advanced algorithms to build strategies with momentum models to find trading opportunities. Combines a unique entry method by moving Stop Loss and Take Profit every short period to catch price movements. Thus, trades are closed quickly with low risk and optimal.
No complex settings required. EA is simple to use with default settings.
Settings:
| Max Spread | = 30 to 50 (Must be higher than the average spread of the pair) |
| Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
| Auto Lot | = 1.0 to 6.0 (=1 means auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance...) |
| Max Stop Loss | = 1000 (points) |
| Slippage | = 6 |
| Time Start | = 01:30 |
| Time End | = 22:30 |
| Magic Number | = your number |
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:
Pairs: Forex pairs and XAUUSD. Time frame: M5 or any timeframe. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts, spread < 25 points. Min Balance: $200
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
Note:
+ If you use EA with Gold and the price has 3 decimal places (like 2300.123), then you need to increase 10 times the value of Max Spread, Take Profit, Trailing parameters. For example, set Max Stop Loss = 10000 (instead of the default value = 1000), because Point calculation is different with 2 decimal places.
