If you do not know how to start trading on Forex – take the short training Forex course online for free.
Fully automatic Expert Advisor for night trading during low market volatility. The strategy is based on an automatic algorithm, based on technology with machine learning elements.
The ability to filter out market “noise” has always been an essential element of any Forex strategy. In this Expert Advisor this ability is sufficiently implemented, that allows us to expect a high enough percentage of profitable trades.
Positions are always protected by StopLoss and DD parameters.
Not martingale, not grid, not arbitrage.
“Set and forget” system, no user participation required.
Broker and deposit
Any broker with small spreads and fast order execution is suitable for trading.
Minimum deposit – $100.
Currency pairs, timeframe, terminal
Trading on EURUSD, GBPUSD is recommended.
Timeframe – М5.
Terminal – MetaTrader 4.
- AutoLot – if “true”, the EA chooses lot size for trading by itself, depending on account balance.
- Lots – lot size is set by a user, if AutoLot=”false”.
- Risk – percentage of the deposit, used for the automatic calculation of the lot.
- DD – the maximum drawdown as a percentage of account balance, at which all positions of the EA on current currency pair will be closed.
- ZeroPositions – if “true”, the EA will open positions only if there are no other open positions on the trading account.
- SmartTakeProfit – if “true”, the EA will determine TakeProfit value by itself.
- TakeProfit – TakeProfit value in points. If 0 – disabled. Don’t forget to subtract your broker’s commission from this parameter.
- StopLoss – StopLoss value in points. If 0 – disabled.
- TrailingStop – trailing stop value in points. If 0 – disabled.
- MaxNumberOfOrders – maximal number of simultaneously opened orders.
- MaxSpread – maximal value of spread for the EA to open positions.
- Direction – allowed types of orders.
- CommentOfOrder – comment to orders. Can take any value.
- EAMagic – magic number of the EA, which allows it to distinguish its positions from others. Must have different values for every chart.
- My broker starts trading week at – hour, when your broker starts a trading week. For example, if your broker starts a new trading week at 00:00, then the value of this parameter should be 0, and if your broker starts a new trading week at 23:00, then the value of this parameter should be 23.
- ShowInfoPanel – if “true”, the information panel will be displayed on the chart of the traded pair.
- Panel_Language – language of the information panel.
- TextColor – font color of the information panel.
Default parameters are for EURUSD, if broker starts a new trading week at 00:00.
If you want to test the Expert Advisor in the Strategy Tester, do it only in “Every tick” mode!
Parameters are set as for 4-digits servers. They will be automatically recalculated for 5-digits servers.
Friends, keep in mind that this robot does not trade every day. So please be patient.