Hi Forex Wiki users,

Forex Setka Trader EA Description :

Features of Forex Setka Trader Advisor

Platform: Metatrader 4
Advisor version: 1.6
Currency pairs: GBPUSD
Timeframe: M1
Opening hours: 24 hours

Broker Requirement :

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Forex Setka Trader EA Settings:

Description

ShowTradeComment - on / off information on the chart about the adviser

Lots - starting lot for the first order.

MultiLotsFactor - multiplier for subsequent orders

StepLots - the number of points the market should move against the position of the adviser to open an order of the next level.

TakeProfit  - Take Profit (in points)

UseTrailing  - on / off trailing stop .

TrailStart  - the minimum profit that should remain after the triggering of a trailing stop

TrailStop  - trailing size

MaxOpenOrders  - maximum allowed number of orders

SafeEquityStopOut  on / off closes all positions when the size of funds reaches below the N-th level (set in the SafeEquityRisk parameter)

SafeEquityRisk  - percentage of funds in the account that you allow to use Forex Setka Trader. The EA will close all orders if the funds in the account become less than the specified percentage. Only works when the SafeEquityStopOut parameter is enabled.

Slippage  - allowable slippage when opening an order

MagicNumber  - A unique numeric code that Forex Setka Trader assigns to its positions so as not to confuse them with orders of other advisors and manual trades. Do not forget that on two charts of the same currency pair the magic should be different !

Close_All_Orders  - by default, this function is always disabled. If you enable it, the adviser will simply close all its positions that were opened earlier.

Freeze After TP  - when this function is enabled, Forex Setka will stop trading after reaching the take profit positions.

Forex Setka Trader EA Results:

Deposit: $350
Leverage: 1:2000
The test time: 5 months.
Total trades: 50
Average trades per month: 10
Total profit: $101,262

I tested on the real Forex account!



Note: We made this test for you, to give you a starting point. You should always make your own test.

Have a good trend and the biggest profit!

Deposit: $500
Leverage: 1:500
The test time: 5 months.
Total trades: 127
Average trades per month: 25
Total profit: $1,980,334

I tested on the real account!



Note: We made this test for you, to give you a starting point. You should always make your own test.

Have a good trend and the biggest profit!

As we see in the backtests, in some years our adviser merges, in some not. If it were not for the impressive monitoring of the real account (see above), I certainly would not write about this robot.

Tests on history again tell us about the importance of constantly taking profits, because Forex Setka Trader may one day lose the entire deposit. When this happens is unknown - it can last a year or two, or maybe just a few months. No one knows. But we can take these risks into account, adapt to them and, withdrawing 100% of the initial depot, get already risk-free profit. No less important is the appropriate size of the initial deposit, and we will continue our conversation about this.

Download Forex Setka Trader EA:

[+ForexWikiTrading.com]Forex Setka Trader 1.6