Forex Scalper Coviz Robot

Forex Scalper Coviz Robot review:

Forex Scalper Coviz Robot strategy is based on finding correlations between asymmetrical frequency curves to determine patterns of price movements. Each transaction is controlled by multiple takeprofit, which accompanies each market order to the best zone.

Strategy Tester Result

Tested for years: On EURUSD year 2005 to 2019 it very successful.

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Advantages

  • Money management.
  • High spread protection.
  • Slippage and requote Protection.
  • only use 3 indicators.
  • Does not use dangerous strategies such as martingale, grid, hedging.

Recommendations

  • a VPS.
  • Broker with Low Spread or ECN account.
  • Timeframe : M1.
  • Pair EURUSD,GBPUSD,USDCHF,USDJPY.
  • Minimal deposit 100 USD or 1 USD for cent account.

Parameters

  • Auto_Lot – ratio of Account Balance to trade Activation.
  • Risk – ratio of Account Balance to trade with position sizing.
  • lot – initial lot.
  • TP – Takeprofit [special because takeprofit here uses orders total times takeprofit value, Multiple order].
  • Stoploss – order stop loss [only for one order].
  • Magic – magic number.
  • Slippage – permissible slippage.
  • MaxSpread – maximum value of the current spread.
  • period – Standard Deviation indicator or Larry Williams’ Percent Range indicator Averaging period for calculation.
  • Min_Margin_level – minimal account margin level in percentage for no transactions.

Test results:

Forex Scalper Coviz 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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