Forex Engulf pips Robot

Forex Engulf pips Robot review:

Features:

– Forex Engulf pips Robot Does not use dangerous trading methods in trading, which lead to a sharp loss of the entire Deposit like Martingale, Grid, Arbitrage, etc.);
– Every trade has it’s  Stop Loss and Take Profit is optimized by the EA

Recommendations:

TRY YOUR PREFER CURRENCY PAIR IN DIFFERENT TIME FRAME TO SEE THE MOST PROFITABLE TIMEFRAME FOR THAT PAIR AND STICK TO IT

– The best pairs we should trade: All currency pairs
– The best Time frames: M5, M15, M30
– Brokers: Every broker
Parameters:
– Automatic set lot : If true ea will pick lot size with the % of account
– Risk of capital : percentage of capital you are willing to risk on each order
– Volume of trade : If automatic set lot = False, you can input your standard lot size
– Maximum number of open trade: total number of order the ea open at once
– Magic number : Ea unique number
– Take position option : choose the type of order you prefer
– Set stoploss : if automatic Ea will pick stoploss with the multiple of ATR below

– Stoploss in pips : If set stoploss = Manual, you input your prefer stoploss

– Take profit : if automatic Ea will pick Take profit with the multiple of ATR below
– Takeprofit in pips : If set Take profit = Manual, you input your prefer Take profit
– Set trailing stop mode : if = none, trailing stop will not be attached to order
– Trailing stop (PIPS) : if set trailing stop mode= trailing stop, you will input your prefer trailing stop pips
– Size of second candle in proportion to first: the size of the engulfing candle compare to the previous candle

– Set ATR Multiple: the multiple of atr for stoploss if Set stoploss equal automatic

Test results:

Forex Engulf pips Robot

Parameters:

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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