Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Inferno Robot is an automatic trading system that calculates the price levels with Time formulas to generate its trades
each trade are protected with fixed stop loss and a profit target and intelligent time formulas
it's one of the most complicated system we ever developed it has more than 20+ intelligent formulas to manage the account
No Martingale or Grid or other dangerous methods are used and each trade are protected with a stop lose
Live signal : https://www.mql5.com/en/signals/1088620
The robot are specialized to trade only on
currency : EUR/USD
timeframe : DAILY (D1)
Minimum account balance: $200
in order to test and live trade
- 1 : test only on EUR/USD
- 2 : use only a daily time frame (D1)
- 3: GMT Data Time = adjust shift hour EA input ||| in (BACKTEST) based on your Historical data GMT time ||| on (LIVE) based on your broker GMT |||
- 4 DST : None
we advice to test with Tick Data Suite
Settings:
Shift hour : for example if your broker using +2 GMT insert -2 in inputs
MagicNumber : unique identifier for EA's orders
ProfitTarget : Buy orders profit target
ProfitTarget2 : Sell orders profit target
StopLoss : Buy orders stop lose
StopLoss2 : sell orders stop lose
TrailingStop : trailing stops to luck profit pips
TrailingActivation : Tarling Activation for buy orders
TrailingActivation2 : Tarling Activation for sell orders
RiskLevel : the higher the number the greater risk-reward
MaxLots : the maximum lot size allowed
very important note :testing the Robot using your MT4 Broker data may give a false backtest result , because the historical data will be sometimes +2GMT and sometimes +3GMT depends on the time of the year
this will cause the Robot to calculate the wrong candle time .
the only way to test properly is using a third party Tick data and make DST ( Daylight saving time ) to none
on live trading you only need to adjust the GMT input according to your Broker GMT time .
