Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
EA indicators.
MACD: Detects the market trend.
Moving Average: It works as supports for purchases and resistances for sales.
EA currency. You can operate any currency with 5 digits after zero comfortably although I recommend using only
EURUSD
How does it work.
It uses an algorithm based on the probability of the change of variable, this means that we buy-sell continuously, increasing the lots in case of loss. From here we begin to buy probability, so I like to call the task that algorithms do. It has algorithms for:
Buying or selling from the trend, generates one sale or buy after another, only up to a range, where the market is likely to continue its trend. In this way we make sure to take the trend in favor.
We buy in advance the value of the Spred, this way no matter what size it is, it will always respect the agreed Stop Loss value.
We choose how much we want to go as a Take Profit objective. The parameter is calculated alone.
Monetary management algorithm based on compound interest.
Risk management algorithm based on account division.
Parameters.
Account Protection: the greater the protection, the less capital will be at stake and the probability of winning will be greater. With this algorithm you can have big losing streaks and still be victorious only with a won trade.
Note: If you reduce the risk parameter, you will have LESS opportunities before recovering and / or earning capital. But you will have bigger benefits, as well as bigger losses.
Note: If you increase the protection parameter, you will have more opportunities before recovering all or part of the capital. The gains are less exponential for reducing risk.
Note: "0" cannot be set to Zero. It has to be from one onwards.
Recommended to use:
"1" Only if you are willing to go for all or nothing. All algorithms are exploited to the maximum, except one of them, which limits the probability of success.
"2" It is very similar to putting "1" although the profits are considerably diminished, but you increase the probability of success.
"10" Recommended to obtain a low continuous growth although not negligible, it is recommended with accounts of 1000 USD onwards.
You can run the EA with any protection number at the end.
Martingale Cycle: Define how many times you will increase your volume before restarting.
When you use "1" in "Account Protection" the cycle will go up to 13 before the EA cannot place high volume trades. From "2" on "Account Protection" it will withstand a cycle of 20.
Moving Average Period: Refers to the period of the Emma you will use.
Profit Ratio: Refers to the profit ratio that you will get per operation, this will change according to the Spread, the larger the Spread, the lower the profit ratio.
