Forex Eddy Expert Advisor

Forex Eddy Expert Advisor review:

This Forex Eddy Expert Advisor does not have an indicator built-in. This uses a unique approach to the market movement analysis and adapts itself according to the current situation. The EA is recommended to be used on a VPS server. Works with four and five decimal places. Best used for trading highly liquid currency pairs (EURUSD, USDJPY, GBPUSD, USDCHF, EURJPY, USDCAD, AUDUSD) on the D1 timeframe.

Test results:

Forex Eddy Expert Advisor

Parameters:

  • TimeFrame — timeframe for the market analysis;
  • N1 — responsible for analyzing market volatility, values from 4 to 15;
  • N2 — responsible for analyzing the trend, values from 5 to 12;
  • Risk — calculation of a lot based on the maximum risk for a trade;
  • Lots — fixed lot, if Risk =0;
  • TakeProfit — Take Profit in points;
  • StopLoss — Stop Loss in points;
  • Magic — Magic Number;
  • ShowInfo — display/hide information on the trading;
  • TextColor — font color.

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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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