Forex Taiwun Expert Advisor review:
Forex Taiwun Expert Advisor is a fully automated robot. It trades by bar patterns & trend following.
- No martingale.
- No grid trading.
- No arbitrage.
- No curve fitting according to backtest results.
- Stops are tight.
- Tested under few data sources to make sure it works under very kind of brokers
- An account which is based on USD. The EA does not work properly on accounts which are based on EUR, GBP. Minimum balance is $150 for 0.8 RiskInPercentage. More balance – bigger trades or more safety.
- An ECN broker which provides low spread and fast execution.
- VPS is highly recommended due to 24/7 up-time
- Suggested at least 1:100 leverage level
- GPBUSD chart with H1 timeframe
Settings and Inputs
- Money Manegement: RiskInPercent of account (recommended 0.8 value<)
- Trade days:
- Trade on Saturday: If true, the EA can trade on Saturday
- Trade on Sunday: If true, the EA can trade on Sunday
- MaxSlippage: Value of maximum slippage that trades will be executed
- Magic Number: In normal conditions, there is no need to change this parameter. But if You use few EAs on Your account, then please be sure that Magic Number is other to presented in other robots.
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)