10/22/2020

Silent Master Forex robot


TFollower Free EA

tfollower free ea logo
Free

★★★★★
Good and free. Thanks.
- Hishami

If you do not know how to start trading on Forex – take the short training Forex course online for free.

The TFollower Free Expert Advisor is a free version of the fully automated TFollower trading system that finds changes in the trend and opens medium-term positions in its direction. Minimal number of indicators and parameters are used in the EA, a lot of attention was payed to its universality.

Restrictions in the free version:

  • Works on GBPUSD only.

Advantages

  • StopLoss is always set.
  • “Dangerous” strategies are NOT used.
  • NOT sensitive to spread, execution speed or type of the trading account.
  • Small initial deposit.

Broker

  • Any.

TimeFrame

  • Recommended timeframe – H4.

Deposit

  • Recommended minimum deposit – $100.

Our new Expert Advisor for metals and indexes: Metal Index Boxer Pro


Parameters

  • EAMagic – “magic number” of the EA, that allows it to work only with its positions.
  • AutoLot – can be set to “true” or “false”. If “true”, the EA selects the lot size for trading depending on the balance value.
  • Lots – lot size is set by a user, if the value of AutoLot is “false”.
  • Risk – percentage of the deposit used for the automatic calculation of the lot.
  • DD – maximum allowed drawdown.
  • CommentOfOrder – comment to orders. Can take any value.
  • TrailingStop – TrailingStop in points.
  • TakeProfit – TakeProfit in points.
  • StopRange – distance from Moving Average with a period of 10 to set StopLoss, in points.
  • HiddenStops – can be set to “true” or “false”. If “true”, the Stoploss and Takeprofit levels are hidden.
  • ATRPeriod – period of the ATR indicator.
  • QuotesMult – a multiplier for parameters TrailingStop, TakeProfit, StopRange for instruments with different number of decimal points (digits) in quotes. The default value is “10” – for trading on standard forex symbols of any broker who has 5 decimal points (digits) in the GBPUSD price. If you work with a broker who has 4 decimal points (digits) in the GBPUSD price, then the QuotesMult parameter must be set equal to “1”.
  • BrokerPrefix – if your broker uses prefix in currency names, like “fx”, type it in parameter’s field.
  • BrokerSuffix – if your broker uses suffix in currency names, like “.pro”, type it in parameter’s field.
  • ShowInfoPanel – can be set to “true” or “false”. If “true”, the information panel is shown on the chart.
  • Panel_Language – language of the information panel.
  • TextColor – font color of the information panel.

The EA doesn’t trade every day. Please, be patient.  

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