QFX Team ROBOT is complicated algorithm designed to grab rapid motion on GBP pairs using a STRICT STOP LOSS based strategy. Our aim is to decrease risk and drawdown making gain with a lower percentage of winning trades. because of strict stop loss, loosing trades will be far more than winning trades and in this case you can incur in loosing-days period. For our expert, protect your capital is the main concept: you will never wake up and see that your account has been burned, you’ll never risk 80-90% drawdown, you’ll never burn your account during news, you’ll never wait weeks before close positions.
Important: the expert will scalp the market at particular conditions, will not trade every day but only if those conditions are 100% running on the market.
Suggestions: before going live, test on demo! Make backtest only in “Every Tick” mode with 99,90% history quality! Backtest a long period to check strategy solidity (5 years).
—–> VPS with the minimum latency to the broker’s server is recommended
—–> Low Spread ECN account is recommended
– No martingale, no grid, no hedging and no risky trading methods
– Very strict stop loss strategy (3-6 pip)
– Very low drawdown
– Double money management type: Adaptive or fixed lot size
– Very fast trades
– Works on small initial deposit (from 100)
Here you can find best pairs results with full backtest report, but you can try and optimize on other pairs and timeframe. Backtest are 5 years long and we used 20 fixed points of spread but a lot of brokers offers lower value. Used default parameters.
Magic Number: order identifier, must be different on each chart
Pair suffix: write in the box if your broker use suffix (example: _c if pair name is EURUSD_c in market whatch list)
Pair prefix: write in the box if your broker use prefix (example: c_ if pair name is c_EURUSD in market whatch list)
Maximum spread allowed: maximum spread in pip allowed to open trades
Set Order comment: choose a comment for expert trades
Trading frequency: choose if trade with normal or high frequency
Money Management type: choose if fixed or adaptive. In adaptive case lot size will be auto-adapted to your balance
Fixed lot size: set the fixed lot size the expert will use. Only in Money Management type = Fixed
Lot size for every 1000 balance: if 0.01, ea will open 0.01 size every 1000 balabce. If your balance is 10.000 size will be 0.1 Only if Money management type = Adaptive
Min lot size – min = max for fixed size: minimum lot size allowed. Only if Money management type = Adaptive
Max lot size – min = max for fixed size: maximum lot size allowed. Only if Money management type = Adaptive
Stop loss in pip: set stop loss in pip (added to spread value)
Trailing stop step in pip: Trailing stop minimum movement in pip
Trailing stop start after pip: after how many pip start trailing stop feature
Rest of settings are about Info Panel box choose settings you prefer.