Trade
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We join in our test an interesting new Expert Advisor Iris FX EA, which, according to a recent fashionable tradition, works with several strategies, or rather with three. It should be noted that the robot can work with one trading strategy or with three of them simultaneously, the algorithm of which, unfortunately, is not disclosed by EA developers. Other studied EAs Powerful Scalping EA Joker EA v3.3 EA WOC modify 04 The only thing that can be said for sure is that the work is done by pending orders with stop orders and using some standard indicators and the concept of market extremum. Additionally, let us add that the Expert Advisor tries to take almost every point, so the order is modified on every positive...
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In the 75th issue of ForTrader.ru we will look at an interesting Expert Advisor with a simple name My_Parabolic ver. 2. The basis of this robot is two indicators: one, of course, is Parabolic SAR, the second is Fibonacci levels. It should also be noted that the work is done on a 15-minute timeframe by pending orders. Algorithm of the My_Parabolic ver. 2 So, using Parabolic SAR signals, Parabolic ver. 2 refers to the Fibonacci levels, calculating the extremum and from it 50% and 116% Fibo. At the levels found, the robot places a pending limit order with Take Profit and Stop Loss, automatically calculating their size. In addition, the Expert Advisor controls the lot size, tightening the trailing stop if necessary. Calculates the size of the...
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We were offered the WOC modify 04 Expert Advisor for review in the lab of ForTrader.org magazine. This is a fast pipsing robot, the algorithm of which is based on fast quoting and price changes. The idea itself is noteworthy and the balance chart confirms it, but it is not suitable for every broker. Let's see what we have. Description of the Expert Advisor WOC modify 04 So, the Expert Advisor WOC modify 04 is based on the scalping trading strategy that uses sharp price movements, setting orders in the direction of the last characteristic movement. The WOC modify 04 Expert Advisor opens positions, counting ticks in the desired direction with the desired speed. The Speed parameter sets the size of the "shot" of the price...
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The members of our forum continue to offer us their interesting commercial developments in the field of automatic currency trading, so today under the lens of ForTrader.org laboratory is simply an impressive advisor Powerful Scalping EA. Description of Powerful Scalping EA So, from the name of the robot Powerful Scalping EA it is clear that we have a scalper whose author recommends working on EURUSD on M5. To open trades, the notions of overbought and oversold are used, as well as indicators developed specifically for scalping, working on the closing of the candles. A small stop order and take profit are used to manage positions, as well as a trailing stop that tracks profits. If necessary, you can use Money Management or limit the work of the robot on Friday. This Expert Advisor ...
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Joker EA, which made a lot of noise and caused many disputes among traders and programmers, seems to get a second life - we have Joker v3.3. The robot still works on EURUSD and M5, but the strategy algorithm has been finalized and modified. About Joker EA v3.3 As before, the author of Joker v3.3 honors the creator of the Wall Street robot saying that the idea of this robot was also taken from studying the WS algorithm, but it is worth adding that the new Joker included other ideas of working with , which helped make positive changes in the final trading results. The author notes that he included...
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Profit 20+ Expert Advisor was also offered for review and testing by one of the forum participants stating that it is a low-risk grid trading system which is able to bring a small, almost bank profit percentage, while closing deals in the red with rare exceptions. Disadvantages of the trading strategy based on the grid Notwithstanding the statistics and the statement that the Profit 20+ advisor brings all trades in the plus, it is necessary to tell about the principle underlying the tactic "Grid". The grid is not the most complex variant of the Martingale strategy. In some or other variations, such EAs open a large number of differently directed trades, at equal distances from each other, which lock or hedge...
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The permanent member of our forum, an mql-programmer known for his interesting ideas and useful scripts, suggested us an interesting EA for testing. The interest in testing was generated not by the results but by the idea - the Expert Advisor works on tick quotes catching the fast movements. Principles of Exp-TickSniper Expert Advisor As mentioned above, the Expert Advisor Exp-TickSniper is based on tick movements and is able to profit from the rapid movement of quotes, catching the direction and opening deals. Any currency pairs can be set in trade, but the author recommends using EURUSD GBPUSD and USDCHF. Work is done with protective orders of StopLoss and TakeProfit. Time frame also does not matter. The basis of the trading strategy of the Exp-TickSniper Expert Advisor is to work with...
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This time in the research part of ForTrader.org we will look at a scalping strategy based on moving averages and stochastic modifications, which are applied on the smallest timeframe - M1. Trading is designed for the European session and currency pairs with small spread. We will briefly analyze the entry and exit signals of the TS. Trading strategy rules We use 5 indicators to work: three moving averages EMA with periods of 165, 102 and 63, as well as two stochastics with parameters (15, 3, 9) and (30, 6, 18). Note that the stochastics are non-standard, and with...
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В рамках мастер-класса «Будь трейдером с iLearney» Как отмечают многие трейдеры, чем проще стратегия, тем больше логики в ее применении, тем меньше субъективизма при идентификации сигналов и оснований для отказа в их отработке. Такие стратегии, с отсутствием сомнений, то есть по сути человеческого фактора, могут быть наиболее эффективными, как в руках робота, так и в руках самого человека. Прочитать статью в PDF-журнале ForTrader.org Основы торговой стратегии В этом отношении комбинация основных элементов торговых систем, основанных на крюках Росса и стратегии Линды Рашке и Лоуренса Коннорса «Святой Грааль» может позволить сконструировать собственную уникальную систему торговли. Где же здесь простота, если одна…
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We will automate and test an interesting trading strategy allowing scalping based on traditional indicators of any trading platform in the 72nd issue of ForTrader.org. You can find the full author's rules of the strategy on the page of our website, here we will briefly tell you about the rules and the results. Author's trading strategy rules So, to work we will need the following indicators: - Bollinger Bands with period 50 and deviation 2 (color yellow); - Bollinger Bands with period 50 and deviation 3 (color blue); - Bollinger Bands with period 50 and deviation 4 (color red); - RSI indicator (8) with levels 30 and 70; - Stochastic (14,...
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The new research experiment of the laboratory of ForTrader.org magazine is MultiSkalper EA, a modified and improved version of the popular robot Joker EA. At the moment, Joker EA version 1.4 shows quite good results in our monitoring, so MultiSkalper EA was gladly accepted for testing on two accounts at once. According to the description of MultiSkalper EA presented on the author's website, the strategy of the robot is based on a symbiosis of three different trading strategies, each of which can bring stable profit independently. Therefore, the Expert Advisor is actually a portfolio of tactics, diversifying the risks. For this purpose the author has calculated a coefficient for the trading lot of each strategy, taking into account the drawdown and profitability of each: for the first strategy K =...
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JokerEA v1.4 is an automatic trading system, which implements a trend trading algorithm. This Expert Advisor has attracted the attention of the experts of fortrader.org magazine's laboratory through an active advertising campaign of its author, who claims that at the moment it is the best robot that gives a constant and confident profit for a long time, while having a minimal drawdown. Well, let's give it a try! A special positive aspect of the Expert Advisor JokerEA v1.4 is an algorithm for effective money management, which does not create a critical load on the deposit. The developers of the Expert Advisor have the ability to configure the degree of risk, which reduces to a minimum the probability of losing the deposit. The disadvantage of the robot JokerEA v1.4, as well as of any trend system, is getting losses when triggering stop-losses on protracted speculative...
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Omega Trend v7.0 Expert Advisor is a trending system and uses several trading strategies based on the author's indicators for early trend detection. One of the advantages of Omega Trend v7.0 Expert Advisor is the availability of dynamic stop loss and take profit levels, which increases the probability of profit. The use of trend-following indicators allows to profit from various types of market price movements. Trading "following the trend" significantly reduces risks and increases the efficiency of trading. The disadvantage of the Omega Trend v7.0 Expert Advisor is the stable operation on two currency pairs: EURUSD and GBPUSD. Another disadvantage, according to the experts of ForTrader.org, is the use of custom indicators, which makes it difficult to configure the...
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The Russian System Expert Advisor is developed by the participants of our forum, which determined the choice of this Expert Advisor for testing. At the moment, the work of the Expert Advisor is discussed in the "Russian system" topic, where you can find the history of changes made to the Expert Advisor and all its released versions and settings sets. The latest version of the Expert Advisor is the Russian system of Senchakov ver4. As for the advisor's internal content, it should be noted that it does not use channels or signals in its work. It immediately sets a lock after opening one trade, thereby creating a grid. Then the Expert Advisor waits for a pullback in order to close both profitable and losing chains of positions. Thus, the weak point...
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Million Dollar Pips Expert Advisor has attracted the attention of fortrader.org magazine's lab experts with many often contradictory reviews. Million Dollar Pips is a typical scalper. Low spread is necessary for the most effective work. Expert Advisor Million Dollar Pips is designed to work only on the EURUSD currency pair, which, in the opinion of our experts, is a significant disadvantage. In addition, some experts call this robot a "testering grail", suggesting that it is the only profitable strategy tester looking into the future based on already existing quotes. Let's see how right these comments turn out to be. The peculiarity of the Million Dollar Pips Expert Advisor is that it opens several orders in a short period of time, which are quickly...
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Expert Advisor is an ordinary algorithm programmed on the basis of the trading system that you own or plan to own. It can be said that in order to use an Expert Advisor, you must have a trading system or at least study it in order to know in what market the trading system works and in what market it maliciously loses. Advisors are not yet some kind of standard, so we can talk about the classification can be relative. All advisors can be divided into several groups: Pips and scalpers - so called scalping advisors This group of advisors works within the day at the lowest intervals. According to the trading principle, advisors make a large number of deals, but take a minimum profit....
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Advisor FOREX Combo System 1.4 is a popular trading robot among practicing traders and has attracted our attention by the stable, though relatively low, profitability and acceptable level of drawdown on the results of testing in 2010 and 2011. According to the experts of the magazine ForTrader.org, the advantage of the Expert Advisor FOREX Combo System 1.4 is a combination of three trading robots, trading on different principles: 1) FXCOMBO_Scalping - uses scalping tactics, as the name suggests, 2) FXCOMBO_Breakout - based on trailing stop, 3) FXCOMBO_Reversal - using the reversal tactics. In the settings it is possible to disable each of the three Expert Advisors. Using combinations of trading robots, which are part of FOREX Combo 1.4, gives traders the ability to choose the...
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WallStreet EA is positioned by the developers as an intelligent and self-learning system of automatic trading. According to the authors, the expert advisor analyzes the trend independently and on the basis of the trend strength, volatility and a number of other indicators builds its strategy, making deals at the most profitable points. WallStreet EA is designed to work on the currency pairs EURUSD, GBPUSD, USDJPY and USDCHF. To achieve the maximum effect, according to experts of ForTrader.org, it is desirable to choose currency pairs with the smallest spread, because the robot profit per trade is not very high. Despite the fact that the Expert Advisor is declared as a "set - take profit" system, before you run WallStreet EA it is recommended to make a few steps to improve the efficiency of the...
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Fast Forex Millions Expert Advisor attracted the attention of fortrader.org magazine laboratory experts by its super-profitable work, which was shown in the course of testing in the strategy tester. The developers of Fast Forex Millions Expert Advisor do not disclose the principles of its algorithm in full. The only thing that can be said after a cursory glance at the code, the robot operates based on the ART indicator readings, price values and several large arrays of numbers, the logic of which cannot be understood. The test results show that the Expert Advisor does not have fixed Stop Loss or Take Profit and closes positions depending on the market conditions. The Expert Advisor is not a scalper and opens many positions and sometimes holds them for a long period of time. The advantages of the Fast Forex Expert Advisor are...
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Previously, ForTrader.org magazine has already reviewed the work of the EA Volatility Factor EA for the EURUSD currency pair, but let me remind you that the authors also recommended trading on the pound sterling. We suggest you to consider this work variant of the Volatility Factor EA. Recall that the Expert Advisor Volatility Factor EA is based on the principle of grid trading, using the indicator Bollinger Bands. A detailed description of the Volatility Factor EA can be found in a previous post, let us now look at the testing. Testing conditions of Volatility Factor EA: Company: Gamma Markets LTD Terminal: MetaTrader 4 Deposit: 1000$ Account type: real Currency pair: GBPUSD Timeframe: M15 Fixed lot: 0.1 Expert Advisor working time: Round-the-clock Backtest: 2010-2011...
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