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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

Seven Martingale EA

Thank you for choosing this advisor. This is a tool that I think every trader should have. I am a trader myself, creating this Expert Advisor for personal use, and I find it very profitable (not to mention these greedy traders). With this tool, it is very EASY and POSSIBLE to achieve the goal of 5% per month. For a serious trader, you will be surprised how soon you will get back what you paid for, and even more. Let’s help each other and BE PROFITABLE in the Forex market.

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Features of the Adviser:

  • ‚Äď The Expert Advisor helps to open recovery trades after the trader‚Äôs first trade.
  • ‚Äď This advisor works well with other advisors.
  • ‚Äď The trader is allowed to open the first trade based on his analysis, which increases the chances of closing trades using Take Profit.
  • ‚Äď A fictitious take profit is installed in the Expert Advisor to confuse the broker.
  • ‚Äď The EA has a sliding stop loss function that allows the trader to maximize profits.
  • ‚Äď The Expert Advisor opens a recovery trade only when a new candle is opened, subject to the criteria.
  • ‚Äď Take Profit can be set in dollars.
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Supported characters

  • ‚Äď All symbols.
  • ‚Äď Recommended symbols (small account): EURUSD, EURJPY, USDJPY, USDCAD.
  • ‚Äď Recommended symbols (average score): AUDUSD, AUDJPY, GOLD, GBPJPY, USDCHF.
  • ‚Äď Recommended characters (large account): All characters.

Supported timeframe

  • All timeframes.
  • ‚Äď Recommended timeframe: M15

Description of the Expert Advisor parameters

 

TakeProfit option:

‚Äď TP dollar / TP point

‚Äď There are two TakeProfit modes for your trades.

‚Äď Recommended setting: Pip TP.

 

Fake TakeProfit (item):

‚Äď This take profit is a hard setup that will affect your trading.

‚Äď This function is ignored when selecting ‚ÄúTP dollar‚ÄĚ.

‚Äď Recommended setting: 50

 

Real TakeProfit (pips):

‚Äď This is a real take profit, it is usually lower than the ‚ÄúFake TakeProfit‚ÄĚ.

‚Äď Your trade will reach this real profit before the fictitious profit is reached.

‚Äď This parameter is ignored if ‚ÄúTP Dollar‚ÄĚ is selected.

‚Äď ‚Äú0‚ÄĚ means breakeven.

‚Äď Recommended setting: 20

 

Real TakeProfit ($$):

‚Äď EA will calculate the profit dollar you need and set it as a fixed take profit in your trades.

‚Äď This function is ignored when selecting ‚ÄúPip TP‚ÄĚ.

‚Äď ‚Äú0‚ÄĚ means breakeven.

 

Step:

‚Äď This is the minimum distance between two transactions.

‚Äď Recommended setting: 15

 

Lot Multiplier:

‚Äď This is the multiplication factor for the lot size of the next transaction.

‚Äď Example: (Value 1.3), if the first deal is opened with a lot size of 0.10, the next deal will be 0.13.

‚Äď Setting to ‚Äú1‚ÄĚ means that your subsequent trades will have the same lot size as your initial trade.

‚Äď Recommended setting: 1.3

 

Trailing function:

‚Äď True: enable the trailing function.

‚Äď False: disable the trailing function.

 

Trailing start points:

‚Äď This is needed to install when you want your trailing function to start.

‚Äď ‚Äú0‚ÄĚ means that the trailing function will be activated when your trades break even.

‚Äď ‚Äú10‚ÄĚ means that the trailing function will be activated when the total profit of your trades is 10 pips.

‚Äď This parameter should not exceed the ‚ÄúReal Take Profit‚ÄĚ setting, otherwise your trades will first reach a real take profit.

 

Back distance:

‚Äď This is the distance from the current price when the trailing function is activated.

 

 

Notes on using this Expert Advisor

 

Key Features of Algorithmic Trading Software

12 June 2021

1.25

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