Forex ATS Advisor MT5 Robot review:
About The Forex ATS Advisor MT5 Robot
Fully automatic adviser, with a system for recovering from losses.
The strategy is based on the breakdown 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 .
Always use stop loss
Not used martingale / grid/ hedging, etc. (the recovery function uses a 1-time lot increase)
Complies with FIFO rules
For testing, you need a history of 100 bars
The recommended pair is EURUSD. Timeframe M30.
Recommendations for Risk values :
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 of 0-5 pips (5 characters) /VPS server.
Trading leverage is 1: 100 or higher (you can use a smaller leverage but with a lower Risk value)
Show EA Comment – show EA comments;
Magic Number – transaction ID;
EA Comment – comment to trades.
Lots (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0)
Risk (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0)
Take Profit (in pips) – take-profit;
AutoSL – automatic calculation of SL;
Stop Loss (in pips) – stop-loss;
Max Spread (in pips) – maximum spread control;
Buy Pending Shift (in pips) – shift to place a buy order;
Sell Pending Shift (in pips) – shift to place a sell order;
Winter GMT Offset – server winter time zone;
Auto Min Profit(On/Off)- automatic calculation of the minimum profit for a trailing stop;
Minimal Profit for TrailingStop (in pips) – number of pips required to start a trailing stop;
Trailing Stop (in pips) – the size of the trailing stop;
Trailing Step (in pips) – the step of the trailing stop;
Recovery mode (On/Off) – drawdown recovery function (on/off);
Multiple start recovery (trailing)– coefficient for trailing/no loss for recovery function;
Multiple lot for recovery mode – lot calculation factor for recovery function;
Activate Recovery Force – forced activation of recovery mode.
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)