- September 30, 2020
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Hi forex Wiki Friends,
Forex Autopilot Pro Description :
Platform: Metatrader 4
Advisor model: 1.14
Forex pairs: GBPUSD, AUDUSD, USDCAD, EURUSD, EURGBP, EURCHF, EURJPY, USDJPY, USDCHF
Timeframe: H1
Working hours: 24 hours
Set up assist
Set up the EA as typical . Should you first encountered robots on Forex and you've got a number of questions, obtain and watch the Forex course on Autopilot .
Consideration! Because the advisor is probably harmful, you'll want to learn the article in regards to the primary rules of buying and selling with harmful advisors.
Knowledgeable Advisor Technique
The Forex Cracker Pro Knowledgeable Advisor makes use of the Martingale technique . With an infinite time of utilizing the technique, a theoretical acquire is unattainable, nonetheless, with a periodic withdrawal of investments, the idea of likelihood works in our favor. After the withdrawal of the preliminary funding, the harmful martingale technique instantly turns into breakeven and extremely worthwhile.
Forex Cracker Pro Knowledgeable Advisor makes use of 3 scalping methods to find out entry factors, which will increase buying and selling effectivity. The orders positioned are closed a lot sooner and there are far more of them than with the single-currency system within the earlier model, which ensures easy progress of the deposit with small drawdowns. Multicurrency buying and selling is used with particular person settings for every pair, which ensures diversification of buying and selling and discount of dangers, this is because of the truth that for every pair we commerce considerably decreased heaps in comparison with the single-currency technique, and durations of enormous drawdowns for all pairs don't coincide on the identical time.
Broker Requirement :
Forex Autopilot Pro Settings:
Description of settings
UseManualLots - if you'll use an preliminary lot (Heaps) higher than 0.01, then set the worth TRUE
Heaps - preliminary lot, by default it's 0.01
Booster - coefficient of lot enhance for the order grid
TakeProfit - take revenue in pips
PipStarter - distance between orders within the grid
TurboMode - an possibility to extend the profitability of working in a flat
TurboDivider - the variety of editors within the grid, after which TurboMode is turned on
ContinueTrading - the choice to cease working after the present orders are closed. If TRUE is the conventional buying and selling mode, if FALSE, after closing the present grid with orders, a brand new one won't be constructed.
MM - Cash administration system, a threat administration system by mechanically rising the lot when the steadiness adjustments. Calculated as Heaps = 0.00001 * (AccountBalance / Divider). Disabled by default.
Divider - parameter for calculating Cash administration, examples of lot calculation:
$ 100,000 - Divider 100 = 0.01 heaps
$ 100,000 - Divider 10 = 0.1 heaps
$ 200,000 - Divider 100 = 0.02 heaps
$ 200,000 - Divider 10 = 0.2 heaps
$ 10,000 - Divider 100 = 0.001 heaps
$ 10,000 - Divider 10 = 0.01 heaps
$ 10,000 - Divider 1 = 0.1 heaps
$ 20,000 - Divider 100 = 0.002 heaps
$ 20,000 - Divider 10 = 0.02 heaps
$ 20,000 - Divider 1 = 0.1 heaps
$ 5,000 - Divider 10 = 0.005 heaps
$ 5,000 - Divider 1 = 0.05 heaps
$ 5,000 - Divider 0.5 = 0.1 heaps
chartDisplay - shows details about the advisor on the display
UseStopLossPct - allow the StopLossPct possibility
StopLossPct - the dimensions of the drawdown as a proportion of the steadiness, at which all transactions will likely be forcedly closed. This parameter is used as an emergency safety in opposition to the entire drain of the deposit in case of very sturdy tendencies.
UseTakeProfitPCT - allow the TakeProfitPCT possibility
TakeProfitPCT - the quantity of revenue as a proportion of the steadiness, at which all transactions will likely be forcedly closed.
UseTrailingStop - allow trailing possibility
StartTrailing - variety of pips to allow trailing
StopTrailing - trailing cease measurement in pips
UseStrategy_1 - the choice to make use of the first technique
MagicNumber_1 - the magic for the orders of the first technique
MaxTrades_1 - the utmost variety of orders for the first technique
UseStrategy_2 - the choice to make use of the 2nd technique
MagicNumber_2 - the magic for the orders of the 2nd technique
MaxTrades_2 - the utmost variety of orders for 2nd technique
UseStrategy_3 - possibility to make use of third technique
MagicNumber_3 - magic for orders of third technique
MaxTrades_3 - most variety of orders for third technique
UseDollarTakeProfit_s1 - allow possibility DollarTakeProfit_s1
DollarTakeProfit_s1 - revenue measurement within the deposit foreign money at which orders for the first technique will likely be closed
UseDollarTakeProfit_s2 - allow possibility DollarTakeProfit_s2
DollarTakeProfit_s2 - revenue measurement within the deposit foreign money at which orders for the 2nd technique will likely be closed
UseDollarTakeProfit_s3 - allow possibility DollarTakeProfit_s3
DollarTakeProfit_s3 - revenue measurement within the deposit foreign money at which orders for the third technique will likely be closed
system1_comment - remark to trades for the first technique
system2_comment - remark to offers on the 2nd technique
system3_comment - remark to trades for the third technique
Forex Autopilot Pro Results:
Backtests are made for every pair individually, as a result of Metatrader 4 platform doesn't permit multi-currency assessments.
EURCHF 2009-2013
EURGBP 2009-2013
EURJPY 2009-2013
EURUSD 2009-2013
USDCHF 2009-2013
USDJPY 2009-2013
As you possibly can see, durations of drawdowns don't happen concurrently on all pairs used, which will increase the security of buying and selling.
PS The outcomes of backtests on completely different brokers, several types of accounts and completely different launch occasions might differ from these given, however the precept of diversification may also be apparent.
Account monitoring
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