Forecaster Alligator is a fully automated Forex trading robot using a combination of neural network with standard Alligator indicator in combination with RSI, RVI or MRS indicators. The strategy based on Alligator indicator is used as a confirmation factor – if the signals from NPS indicator and Alligator RSI/RVI/MRS indicators coincide, the signal strength increases; if NPS indicator and Alligator RSI/RVI/MRS indicators return opposite signals, the signal strength decreases. The robot is intended for use on currency pairs: EURUSD, NZDJPY, AUDCAD, GBPCHF. Recommended timeframe is M30.
Forecaster Alligator is a fully automated Forex trading robot using a combination of neural network with standard Alligator indicator in combination with RSI, RVI or MRS indicators. The strategy based on Alligator indicator is used as a confirmation factor – if the signals from NPS indicator and Alligator RSI/RVI/MRS indicators coincide, the signal strength increases; if NPS indicator and Alligator RSI/RVI/MRS indicators return opposite signals, the signal strength decreases. The robot is intended for use on currency pairs: EURUSD, NZDJPY, AUDCAD, GBPCHF. Recommended timeframe is M30.
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Features of the product:
- combining two trading strategies: based on NPS indicator and a strategy based on the Alligator RSI/RVI indicators;
- flexible order size calculation system;
- informative dashboard;
- system of emergency stop of the adviser in case of unsatisfactory results;
- the adviser does not use risky strategies in its work, such as grid or martingale;
- high spread protection;
- ease of use – EA is pre-configured, you just need to launch it.
- combining two trading strategies: based on NPS indicator and a strategy based on the Alligator RSI/RVI indicators;
- flexible order size calculation system;
- informative dashboard;
- system of emergency stop of the adviser in case of unsatisfactory results;
- the adviser does not use risky strategies in its work, such as grid or martingale;
- high spread protection;
- ease of use – EA is pre-configured, you just need to launch it.
Description of the parameters:
- Symbol list – the list of currency pairs;
- Max orders by symbol – maximum quantity of orders for each currency pair;
- AutoLot type – order size calculation method;
- Lots / Deposit % / Max risk % – order size in lots or deposit % or maximum one order drawdown as a deposit % (depending on AutoLot type);
- Order hold time (hours) – holding time of orders;
- Emergency stop – stops the work of the advisor in case of unsatisfactory trading results;
- Alligator Indicator – enable/disable the use of the Alligator indicator.;
- Additional confirmation – the choice of an indicator used as an additional confirmation factor for the Alligator indicator;
- Take profit – take profit value;
- Stop loss – stop loss value;
- Trailing stop – trailing stop value;
- Calculated TP/SL – enable/disable calculating of TP/SL size;
- Turbo mode – parameter that reduces the minimum accuracy of the neural network forecast, thereby increasing the number of open orders;
- Standard indicators strength – regulates the contribution of standard indicators to making decisions about opening orders;
- NN signal strength divider – regulates the contribution of the neural network to making decisions about opening orders (the higher the value of the parameter, there is less influence of the neural network);
- Max spread – maximum allowable spread;
- Friday stop time – time after which EA will not open new orders at Friday;
- Show dashboard – show / hide dashboard;
- Dashboard font size – font size for dashboard;
- Comment string – comment string for orders;
- Magic – magic number for orders.
- Symbol list – the list of currency pairs;
- Max orders by symbol – maximum quantity of orders for each currency pair;
- AutoLot type – order size calculation method;
- Lots / Deposit % / Max risk % – order size in lots or deposit % or maximum one order drawdown as a deposit % (depending on AutoLot type);
- Order hold time (hours) – holding time of orders;
- Emergency stop – stops the work of the advisor in case of unsatisfactory trading results;
- Alligator Indicator – enable/disable the use of the Alligator indicator.;
- Additional confirmation – the choice of an indicator used as an additional confirmation factor for the Alligator indicator;
- Take profit – take profit value;
- Stop loss – stop loss value;
- Trailing stop – trailing stop value;
- Calculated TP/SL – enable/disable calculating of TP/SL size;
- Turbo mode – parameter that reduces the minimum accuracy of the neural network forecast, thereby increasing the number of open orders;
- Standard indicators strength – regulates the contribution of standard indicators to making decisions about opening orders;
- NN signal strength divider – regulates the contribution of the neural network to making decisions about opening orders (the higher the value of the parameter, there is less influence of the neural network);
- Max spread – maximum allowable spread;
- Friday stop time – time after which EA will not open new orders at Friday;
- Show dashboard – show / hide dashboard;
- Dashboard font size – font size for dashboard;
- Comment string – comment string for orders;
- Magic – magic number for orders.
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