Forex Mad Desire m30 Robot

Forex Mad Desire m30 Robot review:

Forex Mad Desire m30 Robot Used on the EUR/USD and USD/CHF pairs on the M30 timeframe.
Opening (input signal)
Open a new long position at the beginning of the day when all the following logical conditions are met:
The balance of power* (exponential, 42) is falling; and
alligator oscillator* (smoothed, median, 12, 18, 3, 14, 13, 3) expanding.
Open a new short position at the beginning of the day when all the following logical conditions are met:
The balance of power* (exponential, 42) increases; and
alligator oscillator* (smoothed, median, 12, 18, 3, 14, 13, 3) expanding.
Closing (exit signal)
Close an existing long position when the market falls 337 points or rises 814 points from the last entry price.
Close an existing short position when the market is up 337 points or down 814 points from the last entry price.
Processing additional input signals**
Input signal in the direction of the current position:
Averaging is not allowed. Cancel all additional orders that are in the same direction.
Input signal in the opposite direction:
No changes are allowed in this provision. Cancel all additional orders that are in the opposite direction.
Trade volume
Always trade a constant number of lots.
Opening a new position – 1 lot.
Protection
Stop loss limits the loss of a position to 240 points per open lot (plus the accrued spread and rollover).
Take profit closes the position at the level of 930 points of profit.
The stop loss of the position will be set to the break-even price when the profit reaches 255 points.
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* Use the indicator value from the previous bar for all indicators marked with asterisks!
** Averaging rules apply only to input signals. Exit signals close the position. They can’t open, add, or reduce one of them.

Test results:

Forex Mad Desire m30 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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