Forex Molecule Expert Advisor

Forex Molecule Expert Advisor review:

Molecule is a trading adviser using an algorithm based on the ability to adapt to the current market situation.

All orders are opened with a strictly fixed Stop Loss.

Key Advantages

  • The EA does not use Martingale (Default sets);
  • The minimum starting deposit is $100;
  • No need to close the robot during news releases;
  • It works with 4 and 5-digit quotes;
  • A constructor of unique strategies;
  • Adaptive algorithm.

Working parameters

  • Currency pairs: EUR/USD;
  • Leverage: >200;
  • Timeframe: any (default parameters are optimized for M5);
  • Account: ECN;
  • To use Trailing Stop, it is highly recommended to have an account with zero Stop Levels.

General Trading Settings

  • Start trading – enable/disable the Expert Advisor.
  • TakeProfit – take profit value for the orders opened by the EA, depends on the specific currency pair and trading style (if set to zero, ATR values are used);
  • StopLoss – stop loss value, depending on the trading style (if set to zero, ATR values are used).
  • Maximum spread – maximum allowable spread;
  • Slip – maximum allowed slippage.
  • MagicNumber – unique number of positions opened by the EA;
  • Set name – Set name;
  • Comment for order – a unique comment on open positions by an adviser.

Test results:

Forex Molecule Expert Advisor

Parameters:

  • Quantum algorithm level – select the quantum model level;
  • Level StopLoss in % (ATR) – stop loss level in % relative to ATR;
  • Period RSI – RSI parameter;
  • High level RSI – RSI parameter;
  • Low level RSI – RSI parameter;
  • Open support order on the new bar of the current TM – opening supportive orders at the current timeframe bar; otherwise orders will be opened at the M5 bar;
  • Maximum support orders – the maximum number of open support orders;
  • Use DownLotExponent in support orders – enable/disable lot exponent reduction parameter for support orders;
  • LotExponent in support orders – lot exponent for support orders;
  • Use smart distance between support orders – use an algorithm to automatically determine the minimum distance between support orders;
  • Minimum distance between support orders – the minimum distance between support orders.

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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