Forex Panda Trader Robot is a powerful expert advisor that works perfectly for scalping trades as well as swing trades. With martingale system(you can disable it==> factor=1 in setting).
You can setup it on H4/H1 to make a very good profit, and on all forex pairs and all CFD pairs. And on M5/M15 and enable reverse strategy from setting to get good results.
- Minimum Balance: 1000$ (10 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.
- Factor ==> (Multiplier coefficient of the lot value);
- Take Profit ==> (orders take profit in pips);
- Stop Loss ==> (orders stop loss in pips);
- Trailing and Trailing start ==> (Trailing stop function in pips);
- Breakeven ==> (put stop on entry price after moving price in positive direction number of pips);
- Max Slippage ==>( Max Slippage in points);
- Magic Number ==> (EA orders magic number);
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)