Trading Robots for MetaTrader 4

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MetaTrader 4

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Information

Experts
MetaTrader 5
Xingming Chen
3.0
7

Overview

Strategy Summary & Advantages:
- It's a full-automatic short-term trading EA based on the advanced technic, it sells out when overbought and buys in when oversold, and makes profit while the market is rolling back.
- No Martingale, no Grid, no Hedging, no Averaging, using low stoploss for all trades (defaults from 30 pips to 100 pips).
- It is especially designed to avoid slippage, no Breakout, no Night Scalper, it can makes the large lot of trade.
- Using default settings and buid-in technical parameters, no need to do the tedious adjustment working.
- The average of position holding time is about 3 hours, the maximum is 15 hours.

- With protect function of account drawdown.

  MT4  version:     https://www.mql5.com/en/market/product/90202

Supported FX pairs:

- EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, EURGBP, AUDNZD, EURAUD, EURCAD, CHFJPY, EURNZD, GBPCAD, XAUUSD.

EA Running:
- VPS: No special requirement.
- Broker: With low spread (very important).
- The minimum deposit: USD100.
- Working timeframe: H1.
- This is a multicurrency EA, you just attach it on one chart, then select to ‘ture’ for the FX pairs which you want to trade, and specify the trading volume, the EA will run automatically and trade all pairs you selected.

   Remark:  You need to change the symbol name if your broker's symbols aren't matched with the default settings.

EA Parameters:
- Magic:  EA magic.
- FixLots:  Fixed trading lot.
- AutoLots:  If select ‘true’, EA will automatically calculate trading lot base on ‘BalancePerLot’; if select ‘false’, EA will works on fixing lot.
MaxLots:  Maximum trading lot.
- BalancePerLot:  Needed account balance per opening one standard lot (trading lots = AccountBalance / BalancePerLot). 
- AccountEquityMaxDrawdown (percentage, 0-100):  Maximum drawdown percentage of account floating loss, all trades will be closed while the account floating loss drop below the setting value.
- PortfolioMaxOpenPositions:  Maximum open positions.
- EAComments:  EA comments .
UseSymbol:  The symbol will works if select ‘true’, it will not works if select ‘false’.
Symbol:  Symbol name, including of suffix. Eg, input ‘EURUSD.r’ if broker has suffix ‘.r’ .
- MaxSpreads:  Maximum spread in pips.
- TakeProfit:  Take profit in pips.

- StopLoss:  Stop loss in pips.

Reference Settings (13 pairs):

TradingModels BalancePerLot* (USD)
ExpectedAnnualReturn**   ExpectedAccountDrawdown** AccountEquityMaxDrawdown (Percentage) 
AccountLeverage
(At least)

Stabler
50K
50% - 100% 10% or more
6
30
Stable
20K 150% - 300%
25% or more
15 100
Middle 10K 500% - 1,500% 50% or more
30
200
* Need to convert currency if your account is not in US dollor. E.g., if your account currency is in Euro, and the BalancePerLot is selected for USD10K, the current quote of EURUSD is 1.11020, then the BalancePerLot’ in Euro is: 10K/1.11020  9007.
** Based on the backtesting.

EA Backtesting:
- Modelling:  Every tick based on real ticks.  
- The requirement of computer memory: 

Time Span
Memory Requirement
1 year
16GB
3 years
32GB
5 years
64GB

* For detailed test report, please go to the comment area of this EA to download it.

Very Important:
This EA is only designed for: 
- The brokers whose trading platform time are GMT+2 (or GMT+3 when daylight saving is in effect), no need to setup GMT offset.

- The account with 3 digits of JPY’ pairs, 5 digits of other FX pairs, and 2 digits of XAUUSD(Gold).
  If you want to run the EA in the broker with 3 digits of Gold, please change the SL and TP of Gold to "DefaultValue*100", such as the default SL is 15 and TP is 30, after adjusted, the new SL is 1500 and TP is 3000.
- The above requirements are included in most of brokers, such as  IC Markets, Pepperstone, FP markets and Go Markets, etc.


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Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.
Refund requests received more than 30 days after purchase will be rejected.

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