Forex Aggresive Silence Expert Advisor review:
- Purpose: automated trading in the Forex market with the MetaTrader 4 trading terminal (MetaQuotes Software Corp.), supports build 604 and higher!
- Trading strategy: market entry in the direction of a trend or at pullbacks.
- Type of the Expert Advisor: Aggressive Scalper EA.
- Algorithm: based on expected payoff whereby it opens multiple opposite positions with partial hedging properties.
- Types of trading accounts: ECN, NDD, Pro, Standard, Micro … all types of accounts supported by the MetaTrader 4 trading platform.
- The Expert Advisor is very spread-sensitive – a big spread causes the number of lots and the total number of open positions to increase.
- Recommended leverage: not less than 1:100, to maximize profit set it to 1:1000 or higher.
- Recommended minimum deposit: $300 for 0.01 lot, the recommended lot for a deposit of over $3000 is 0.1.
- Quotes: automatic detection of quotes: 4 (1,2342) or 5 (1,23429) digit prices.
- Money Management: fixed lot with increment option or a percentage of the deposit.
- Currency pair: any.
- Working time frame: М1.
- Indicators: standard, built in the Expert Advisor; 2 additional filters have been added to reduce the drawdown.
- Display of information: trade statistics, main trade settings and Expert Advisor status details are displayed on the left side of the chart.
- Installation: the Expert Advisor is installed in a selected folder of the MetaTrader 4 trading terminal.
- Trade settings: EURUSD trade settings are provided together with the Expert Advisor.
- Optimization: based on control points. To maximize profits, it is recommended to perform optimization independently at least once a week according to the trend behavior.
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)