Forex Extreme Moving Average Robot

Forex Extreme Moving Average Robot review:

Forex Extreme Moving Average Robot is an EA based on complex mathematical movement of the popular indicator in combination with candles.

It uses a mathematic relationship between number of candles,movement in pips and distance from MA.

IT WILL PRODUCE HUNDRENDS OF TRADES IN A VERY SHORT PERIOD OF TIME.

******BEFORE TESTING  OR  LIVE/DEMO YOU    M U S T   CHANGE  MinutesPeriod  from  1440  to  1 or 7!!!

(1 will produce more trades)

Recommendations:

  • 1000$ initial capital
  • TF 15M
  • Different magic number for each chart
  • EURCAD,EURUSD,GBPAUD,USDCHF,AUDUSD,AUDCAD,AUDCHF (though the EA can trade ANY PAIR with the right money management)

Test results:

Forex Extreme Moving Average Robot

Parameters:

  • VolumeBlockPercent:Lot size based on % of balance and currency pair.      ****REDUCE these inputs if you want LOWER lotsize.
  • ProfitAmountPips:TP in pips

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)

Other forex indicators and strategies

Leave a Comment