Forex Lion Expert Advisor

Forex Lion Expert Advisor review:

Lion Forex goal is to achieve long-term returns with stabilityNOT using risky techniques like Grid or Martingale.

The best currency pair is eur/usd on a 5 minute timeframe.

Lion Forex is NOT over-optimized.
Lion Forex use the breakout of highs and lows, a trend filter, a volatility filter, take_profit and stoploss.
The backtest has been carried out since 2013 with a quality of 99.9%
It is possible to use a money management method and set it’s intensity (Low, Medium, High, Super_High).
Lion Forex parameters can be modified, but the preset parameters have been chosen with the intent of obtaining the maximum ratio between  profitability and stability.

Test results:

Forex Lion Expert Advisor

Parameters:

  • lots = lot size (default: 1); –> only if “automatic_lots” is set to “OFF”!
  • magic_number = unique number for each chart (default: 14890);
  • comment = order comment (default: “Lion Forex”);
  • sma = length of simple moving average for trend filter (default: 100);
  • ssma = length of simple moving average for second trend filter (default: 300);
  • break_out_livel = period of bars considered for the breakout level (default: 28);
  • stop_loss = stop loss, % (default: 0.007);
  • take_profit = take profit (default: 00065);
  • at_min = volatility filter (default: 0.009);
  • automatic_lots: “ON/OFF”, for allow the reinvestment of profit  (default: ON)
  • risk: if automatic_lot is set to “ON”, indicates how many dollars of capital change are needed to increase the number of lots by 0.01. (default: 51)

The old parameter of risk is comparable in the following way:

  • Low = 136
  • Medium = 68
  • High = 51
  • Super_high = 34

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)

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