Forex Panda trader PRO Robot

Forex Panda trader PRO Robot review:

Forex Panda trader PRO Robot is a powerful expert advisor that works perfectly for scalping trades as well as swing trades.

You can setup it on H4/H1 to make a very good profit, and on all forex pairs and all CFD pairs.

Requirements:

  • Minimum Balance: 1000$ (cent, standard or micro).
  • Spread: all spreads low than 40 points
  • Account type: works with all accounts
  • It needs a VPS to open all positions.
  • Lot Step: 0.01 not 0.1

Best setting:

  • GBP FAMILY – EURUSD – USDJPY – EURAUD – XAUUSD – US30 – OIL
  • H1 timeframe

Test results:

Forex Panda trader PRO Robot

Parameters:

  1. Initial lot size ==> (Initial position lot size);
  2. Risk percent ==> (enable MM system with percentage risk based on this formula>> lot= risk * (Account_Balance/100000) );
  3. Factor ==> (Multiplier coefficient of the lot value);
  4. Take Profit ==> (First order take profit in pips)
  5. Trailing and Trailing start ==> (Trailing stop function for first position only in pips)
  6. Basket profit ==> (Close all trades on a certain profit in dollars “or account currency” based on this formula >> certain profit= total positions-1 * basket value);
  7. Comment ==> (EA positions comment);
  8. Max Slippage ==>( Max Slippage in points);
  9. Magic Number ==> (EA orders magic number);

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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