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Top 10 Forex Expert Advisors in the last decade

Top 10 Forex Expert Advisors in the last decade

August 24, 2021

Newcomers to the forex market often experiment with new techniques and methods to generate profits a

#3 Proven Forex Trading Methods That Work

#3 Proven Forex Trading Methods That Work

June 23, 2021

Intro. Will $500 a day change your life? –ź 1000$ ? Many people dream of getting that kind of money

Top 5 trading robots for profit on forex in 2021

Top 5 trading robots for profit on forex in 2021

May 27, 2021

Foreign exchange trading is one method to make big as well as steady earnings in a reasonably brief

The Corvette Expert Advisor trades in the direction of price momentum. When there is a sharp movement up or down in the market, the Expert Advisor places an order in the direction of this movement. Anyone who has traded on the news knows that an attempt to enter the market on the momentum can end in failure, especially if you enter the market or stop orders. The main problem here is the slippage. On the other hand, if the momentum is large enough, then even if you open with a slip, you will still get the result. The Corvette Expert Advisor has a limit on the number of orders ‚Äď 3.¬†
When testing high-frequency Expert Advisors, you should take into account that the MetaTrader 4 tester does not take into account slippage, requotes and floating spread. Therefore, any test can only give a rough idea of how the Expert Advisor will behave on a real account.
In any case, before putting such a robot on a real account, you need to decide on the approximate settings and currency pairs for trading. That is, first you need to find out the potential of trading instruments. For testing, you can limit yourself to only major pairs. The cross-course gives little information for the test, because it is easily calculated from the same majors.
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Let’s define how the momentum for opening a position is determined.
The ExtraLength period (for example, 8 ticks) in the Expert Advisor parameters determines the period of recalculation of indicators. Roughly speaking, this is the internal timeframe of the Expert Advisor. Every 8 ticks, the Expert Advisor calculates in which direction the price has moved relative to the previous value and by how much. If the size of the movement is greater than the average and at the same time greater than the value of the minimum shift, then a Buy or Sell order is opened, depending on the direction of the shift. The position of the internal indicators relative to zero is also taken into account.  
But the issue of profit/loss fixing remains. It is important to have time to fix the order before the price turns back. To close positions in the Corvette Expert Advisor, a primitive method is used for taking profit or loss as a percentage of the deposit. When the profit/loss on the positions reaches a certain value, the orders are closed. The advantage of this method is the simplicity and predictability of profitability. 
Parameters:
  • ExtraMagic-magic number;
  • ExtraTP-take profit;
  • ExtraSL-stop loss;
  • ExtraLength-period;
  • ExtraLot-lot;
  • ExtraLotForDepo-lot in percentage recalculation from the deposit;
  • ExtraLimitSpread ‚Äď limit on the spread;
  • ExtraTick ‚Äď minimum tick size for accounting;
  • VirtualTPforDepo-virtual buy-profit in percentage recalculation from the deposit;
  • ExtraMagic-magic number;
  • ExtraTP-take profit;
  • ExtraSL-stop loss;
  • ExtraLength-period;
  • ExtraLot-lot;
  • ExtraLotForDepo-lot in percentage recalculation from the deposit;
  • ExtraLimitSpread ‚Äď limit on the spread;
  • ExtraTick ‚Äď minimum tick size for accounting;
  • VirtualTPforDepo-virtual buy-profit in percentage recalculation from the deposit;

Key Features of Algorithmic Trading Software

05 August 2020

1.6

Trading functions

Trading strategy

Trading functions

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buranqaz April 8, 2021 7:46 am
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I’ve waited a long time, but any persistence goes to an end. I actually do not advise someone to purchase the products of this article writer, simply because:\n\n 1. The make contact with will not go, does respond once to messages on the website in 10-20 days on the whole key phrases.\n\n 2. The provide to speak in virtually any messenger was ignored.\n\n 3. The genuine effects are bad, the consultant simply drains the depot, even over a demonstration account, even on a real one. This is mainly because that this bot fails to take into consideration profits, distributes and swaps. Consequently, in the method tester, the outcomes are only a bomb. And also in reality, it was not and cannot be. I inquired one to put in a replace, a payment, towards the revenue calculation (this can be basic, 1 minute of labor!) to build up at the very least some technique for optimizing the Specialist Advisor-denied!\n\n 4. No configurations, tips, optimizations are given.\n\n 5. For 2 months I confident him that this was needed to refine the consultant, transform it, make an effort to enhance it – responding: possibly sooner or later…. So never ever.\n\n 6. Other programmers produce organizations with messengers, consult with the participants how you can improve the Expert Counselor, what settings to make use of inside a provided period of time, would like to try broadening their client base, but here everything is the opposite.\n\n 7. It seems that the developer just stamps the professional advisors, and so they take revenue or otherwise at least often, it doesn’t issue, only occasionally will get connected. For other merchandise of this publisher, the same thing, men and women complain about deficits, due to the fact profits usually are not taken into consideration, swaps as well as the spread needs to be little (inside my practical experience – preferably at most 3 p.: the conditions are just extremely hard, sterile and clean).\n\n Conclusion: it is actually a pity to invest money and time.\n\n P.S. indeed, you might be appropriate, it would be better to purchase 6 experts for 100 bucks on freelancing, it might be much more perception than a single draining for 600. That now, after a overcome, it is possible to influx your fists, it’s your own personal fault, you trustworthy me, lop-eared. Thus I write from the critiques, to ensure that others usually do not get stuck.

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