Pro Advisor V1.8- Free Version

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Pro Advisor V1.8- Free Version 1

Hi Forex Wiki Friends,

Pro Advisor Description : 

(In versions MT5 and MT4, there may be slight differences, due to the peculiarities of the implementation of the code on MT5)

Fully automatic Expert Advisor with a loss recovery system.

The strategy is based on the breakout of significant levels, with automatic calculation of Stop Loss (200-400 points (5 digits)).

The EA has been tested from 2010 to the present day in various market conditions / periods.

  • Stop loss is always used
  • No martingale / grid / hedging, etc. are used (the recovery function uses an increase in the lot 1 time)
  • FIFO compliant
To test, you need a history of 1000 bars

Recommended pair EURUSD. Timeframe M30.

Monitoring  -   https://www.mql5. com/en/signals/author/bebikovi

Risk value recommendations:

  • Risk = 3-5 - Low risk;
  • Risk = 7-10 - Average risk;
  • Risk = 15-25 - High risk;

Recommended  - ECN / STP Broker with a minimum StopLoss level of 0-1 pips / spread 0-5 pips (5 digits) / VPS server.

Trading leverage 1: 100 and higher (you can use a lower leverage but with a lower Risk value)

Pro Advisor Settings:

Pro Advisor V1.8- Free Version 2

Parameters

  • Magic Number  - trade identifier;
  • Show Info Panel  - show the information panel;
  • EA Comment  - a comment to the advisor's deals;
  • Lot calculation mode (Auto / Fix)  - lot calculation mode (AutoLot / Fixed Lot);
  • Risk  - lot size based on the maximum risk per trade;
  • Fix Lot  - fixed lot size;
  • Take Profit  - take profit;
  • AutoSL - automatic calculation of SL;
  • Stop Loss  - stop loss;
  • MaxSpread (0-OFF) - control of the maximum spread (0-Off);
  • Buy Pending shift  - shift for a buy order;
  • Sell ​​Pending shift  - shift for a sell order;
  • Winter GMT Offset  - server winter time zone;
  • Auto MinProfit (ON / Off) - automatic calculation of the minimum profit for the trailing stop;
  • Amount of profit (in points) for the trailing stop  - the number of points required to start a trailing stop;
  • Trailing stop value  - trailing stop size;
  • Step of the trailing stop  - trailing stop step;
  • Allow buy orders - allow buy orders  ;
  • Allow sell orders  - allow sell orders ;
  • Broker quotes shift (true / false)  - use quotes shift (if the Bid price differs from the price on the chart);
  • Broker quotes shift (auto calculation)  - Automatically calculate the shift;
  • Broker quotes shift (enter a value)  - Shift value;
  • Recovery mode  - drawdown recovery function (on / off);
  • Multiple start recovery (trailing / breakeven)  - coefficient for trailing, for the recovery function;
  • Multiple lot for recovery mode  - lot calculation factor for the recovery function;
  • Number of recovery trades - the number of transactions in recovery mode
  • ActivateRecovery (ON / Off) - forced activation of recovery mode.
  • FIFO compatibility (On / Off) - strict compliance with FIFO rules
  • Split Pending Orders (use only if need (test before)) - Enable the division of a position into several orders (I have not tested it on a real account, it needs to be verified!) By default, the function is not needed, only if desired and necessary !;
  • Split to "X" orders - split the position into "X" orders;

Broker Requirement :

    • BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
      Pro Advisor V1.8- Free Version 3Register2007
      🇦🇺 Australia
      🇨🇾 Cyprus
      🇧🇸 The Bahamas
      🇸🇿 Seychelles
      1:1000$200ASIC, SCB, FSA
      Pro Advisor V1.8- Free Version 4Register2008
      🇨🇾 Cyprus
      1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
      Pro Advisor V1.8- Free Version 5Register2009
      🇧🇿 Belize
      1:2000$10FSC
      Pro Advisor V1.8- Free Version 6Register2009
      🇧🇿 Belize
      1:3000$1IFCS
      Pro Advisor V1.8- Free Version 7Register2009
      🇨🇾 Cyprus
      🇦🇺 Australia
      🇧🇿 Belize
      🇦🇪 Emirates
      1:1000$5 ASIC, CySEC , IFSC
      Pro Advisor V1.8- Free Version 8Register2010
      🇦🇺 Australia
      1:500$200FCA , ASIC, DFSA
      Pro Advisor V1.8- Free Version 9Register2011
      🇬🇧 England
      1:500$25CySEC
      Pro Advisor V1.8- Free Version 10Register2006
      🇪🇭 Ireland
      1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Pro Advisor Results:

  • Pro Advisor V1.8- Free Version 11

Pro Advisor V1.8- Free Version 12 Pro Advisor V1.8- Free Version 13

Pro Advisor V1.8- Free Version 14

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Download Pro Advisor :

[+ForexWikiTrading.com]ATS Advisor 1.8

msimg32

The library work With MT4 build 1330 inclusive. Beta builds may not be supported.

Installation: drop the file into the root directory of the terminal, next to terminal.exe Then restart the terminal.

New versions of the library will appear immediately.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.