Forex Mix Factor Channel Robot

Forex Mix Factor Channel Robot review:

Forex Mix Factor Channel Robot is a fully automated Expert Advisor. Default settings are ready to use and fully optimized for CHFJPY. MixFactorChannel looks for high volatility overbought and oversold levels, and capitalizes on the predictability of market corrections.

Recommendations

  • Use default settings to trade CHFJPY;
  • The best trading time for this pair is from 7:00 till 19:00 of GMT;
  • Recommended leverage: not exceeding 1:500;
  • Initial deposit: from $50.

Settings

  • CloseDrawdownLevel — maximum drawdown per a deal in % (when this parameter is reached, the EA closes deals, recalculates lot volume, and enters the market again in case of a signal availability);
  • MaximumRisk — set a dynamic lot from 0.01 to 1;
  • Lot — fixed lot trading;
  • Magic — unique distinction of trades.

Test results:

Forex Mix Factor Channel Robot

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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