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CandleCountdown - candle closing time indicator

CandleCountdown - candle closing time indicator

September 26, 2022

Technical indicators are divided into main and auxiliary. Auxiliary indicators are information

Why trading patterns don't work

Why trading patterns don't work

September 26, 2022

Pattern trading theory suggests that candlestick formations have a psychological basis. For exa

Rubricator 89: Cryptocurrency Developments (Part 1)

Rubricator 89: Cryptocurrency Developments (Part 1)

September 26, 2022

The crypto-currency world continues to develop actively, gradually ‚Äúfinding the golden mean‚ÄĚ

Cheap Robot is a fully automatic EA for the Metatrader 4 platform. You don’t need to configure it. Just upload the
robot to the Metatrader 4 platform, open the GBPUSD currency pair H1 timeframe and start trading the robot. You don’t
need to do anything else. The robot itself will analyze the market, open/close transactions, manage finances and risks. This is a ready-made automatic
trading system.

The price of this EA is $29 rent for 1 year. Since a lot of traders come to us who do not have a lot of initial capital and they cannot
to afford more expensive EA, we created a Cheap Robot and put a price of $29 on it. This price will always be the same. This robot is designed for
those who want to start trading, but who do not have a lot of start-up capital.

The price of this EA is $29 rent for 1 year. Since a lot of traders come to us who do not have a lot of initial capital and they cannot
to afford more expensive EA, we created a Cheap Robot and put a price of $29 on it. This price will always be the same. This robot is designed for
those who want to start trading, but who do not have a lot of start-up capital.

  • If you don‚Äôt have the Metatrader 4 terminal yet, you need to install it on your PC. The terminal can be downloaded on the website of any of the forex brokers,
    with whom you want to start trading.
  • Next, you need to pay through the website mql5.com The Cheap Robot. To do this, click the ‚ÄúBUY‚ÄĚ button under the robot logo. Next you need to
    select the payment method and make the payment.
  • After paying for the robot, you need to activate it on your Metatrader 4. Instructions on how to do this by link¬†¬†Robot
    it will appear in the list of robots of your Metatrader 4 terminal. The path to the Marker/experts robot.
  • After you have activated the robot, you can start trading with it. To do this, open a window with the GBPUSD currency pair in Metatrader 4,
    turn on the H1 timeframe and launch the ‚ÄúCheap Robot‚ÄĚ robot in this window. There is no need to change the settings.
  • That‚Äôs it! Congratulations to you! You have launched the Cheap Robot automated trading system on your PC. From that moment, the robot started trading.
  • If you have any questions about launching the robot, write them to us by email [email protected]
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  • step_buy and step_sell ‚Äď the distance in the number of points between open orders. The robot at every signal
    opens an order. Even if there is already an open order and a new signal appears, the robot will open a new order. In these parameters we
    specify the minimum distance between open orders.
  • period_buy and period_sell ‚Äď in these parameters we specify the period of the robot for each of their order types. For orders
    Buy one period, for Sell orders another period.
  • Risk ‚Äď this parameter specifies with what volume transactions will be opened. The value can be from 1 to 100. The higher the value
    this parameter, the higher the volume of transactions opened. With an initial deposit of $ 100 and the value of the Risk=1 parameter, the robot will open
    transactions with a volume of 0.01 lots. With the value of the Risk=1 parameter and an initial deposit of $ 1000, the robot will open transactions with a volume of 0.1 lots.
    Thus, the robot increases the volume of opened transactions depending on the size of the deposit. The volume is specified as dynamic
    the value and is constantly growing with the current trading deposit.
  • TrailingStop ‚Äď specify the trailing stop in points.
  • StopLoss ‚Äď specify the stoploss in points.
  • max_order ‚Äď in this parameter we specify how many orders the robot can open at the same time. If you specify a value
    the parameter max_los=10, the robot will open no more than 10 orders at the same time. Since the robot opens transactions in sections, this parameter
    indicates how many orders can be in one trading section.
  • vol ‚Äď each candle has its own tick volume. By the volume value, you can determine whether a new candle is open or this candle is already in
    stages of formation or completion. The vol parameter tells the robot that if the candle volume is even less than the value specified in the parameter, then
    the robot can open a deal. If the tick volume exceeds the value in the vol parameter, the robot will not open trades until the
    a new candle. The parameter serves as an effective false signal filter.
  • Magic is a magic number. The identifier of the robot‚Äôs transactions. By this parameter, the robot understands where the transactions that he opened, and
    where are the deals that another robot opened. It is recommended to specify your own individual for each trading pair and timeframe
    ID. 

Key Features of Algorithmic Trading Software

13 February 2020

1.0

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