Forex Forecaster DEMO Robot review:
About The Forex Forecaster DEMO Robot
This is the demo version of the Forecaster EA which uses in its work a probability prediction system based on the operation of neural networks. The only limitation of the demo-version is Order size = 0.01 lots. The robot contains neural networks learned for trading on currency pairs: EURUSD, NZDJPY, AUDCAD, GBPCHF. Recommended timeframe is M30. Configuring EA is not necessary – you can use it with default settings.
List of the EA parameters:
Symbol list – the list of currency pairs;
Symbol name prefix – prefix of symbol name;
Symbol name suffix – suffix of symbol name;
Max orders by symbol – maximum quantity of orders for each currency pair;
AutoLot type – order size calculation method;
Lots / Deposit % / Max risk % – Order size in lots or deposit % or maximum one order drawdown as a deposit % (depending on AutoLot type);
Take profit – take profit value;
Stop loss – stop loss value;
Trailing stop – trailing stop value;
Max spread – maximum allowable spread;
Show dashboard – show / hide dashboard;
Dashboard font size – font size for dashboard;
Comment string – comment string for orders;
Magic – magic number for orders.
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)