Trading Robots for MetaTrader 5
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MetaTrader 5
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Overview
AI forex robot is an advanced trading tool that utilizes sophisticated algorithms and machine learning techniques to analyze market data and make informed trading decisions. One of the key indicators it uses is the envelopes indicator, which plots a pair of parallel lines, usually representing a standard deviation away from a moving average. This indicator helps the robot to identify potential trend reversals or breakouts by highlighting areas of support and resistance. By continuously monitoring these lines and adjusting its strategies accordingly, the forex AI robot aims to maximize profits while minimizing risks in the highly competitive and dynamic forex market.
(Live Result) https://www.mql5.com/en/users/sabilyudifera46/seller
Recommendations
- Needed 1:50 leverage as a minimum.
- VPS is recommended.
- Platform: Metatrader 5.
- 1 Minute Timeframe.
- Minimum Balance requirement: 10 USD for cent account or 1000 USD.
- Backtest With Modeling OHLC.
- Pair: EURUSD, GBPUSD, USDJPY, NZDUSD, AUDUSD, USDCAD, XAUUSD, EURJPY, and GBPJPY
Parameters
- Magic_Number - Order magic number.
- Slippage - permissible slippage (Points).
- Initial_lot - initial lot.
- Lot_miltiplier - lot multiplier for the following orders.
- MaxSpread - maximum value of the current spread to open position (Points) .
- TrailingStop_Virtual - Virtual Trailing stop (Points).
- TrailingStep _Virtual - Virtual Trailing step (Points).
- Autolot - Enable autolot or not (include Parameter Risk).
- Max_Drawdown - Maximum balance percentage for transaction
