Forex AMDEXITO BORRACHO Robot

Forex AMDEXITO BORRACHO Robot review:

We believe that mathematics allows us understand all fenomenа, including Forex. The solution to a complex phenomenon is usually simple but has to be objective. This EA was designed based on an stochastic model with standard deviation and an proyection algorithm with market volatility control. The main objective of this project is to bring stability in saving money and real earnings per month. Trade using market orders on EURUSD but it also works with another pair, operates on H1 chart and can trade on any hour of the day.

Test results:

Forex AMDEXITO BORRACHO Robot

Parameters:

General Settings

  • MaxSpread: maximum difference between BID and ASK price, at which the EA can work.
  • MaxOrders: max amount of orders the EA can open at the same time.
  • MaxOrdersPerPair: max amount of orders the EA can open at the same time per pair.

Strategy Settings

  • CloseOnOppositeSignal: if true, the EA will close the order in case of an opposite signal (and RecoveryFunction = false).
  • MDZ: number for strategy entry.
  • Applied_price: price type to calculate Bollinger Band.
  • BB_period: Bollinger Band period.
  • BB_dev: Bollinger Band deviation.
  • k_period: Stochastic K Period
  • d_period: Stochastic D Period
  • slowing: Stochastic Slowing
  • Ma_Method: Stochastic Moving Average Type
  • Price_field: Price field parameter. 0=Low/High or 1=Close/Close
  • Over_bought: Stochastic Over-Bought
  • Over_sold: Stochastic Over-Sold

Money Management Settings

  • UseFixedLot: if true, the EA manages a variable lot automatically. If false, the EA uses FixedLot.
  • FixedLot: position lot size (0.01; 0.10; 0.20) for a fixed lot.
  • Risk: if you want to calculate the lot automatically as a percentage value of the balance for each trade.
  • TP: take profit for fixing profit.
  • SL: stop loss for limiting losses.
  • BE: if true, activate a breakeven.
  • BEAt: distance to the open price for activating a breakeven.
  • BETo: distance to the current price for moving the SL when a breakeven is activated.
  • Trailing Star: distance to the open price for activating a trailing stop.
  • Trailing Step: distance to the current price for moving the SL when a trailing stop is activated.

Timing Settings

  • StartHour: starting trading hour for the EA.
  • EndHour: ending trading hour for the EA.
  • TradingDays: trading days for the EA “0-Sunday, 1, 2, 3, 4, 5, 6”.

Other Settings

  • Debug: if true, the EA prints Ask and Bid per tick.
  • Slippage: max slippage control.
  • MagicNo: used for distinguishing between the Expert Advisor’s trades and the rest ones.

Recovery Settings

  • RecoveryFunction: if true, the EA will work with recovery orders function.
  • RecoveryOrderDirection: recovery order direction.
  • ZoneStarRecoveryPips: amount of pips to be lost in order for an opposite direction trade to opened.
  • MultipleLots: each order will be a multiple of the previous recovery order.
  • MaxOrderForRecovery: max orders that the EA will open for recovery.
  • GlobalTP: global take profit (in % balance).
  • GlobalSL: global stop loss (in % balance).

Download our other Free Forex Robots For Metatrader 4

Installation

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)

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