Forex Xeam Expert Advisor review:
Forex Xeam Expert Advisor is a professional Robot with 41 combined strategies. It is composed by a selection of 7 different Strategies that can trade up to 8 markets each one (EURUSD,EURGBP,GBPUSD,USDJPY,EURJPY,GBPJPY,XAUUSD,USDCHF) cross connecting this single EA, perfectly choosen for diversification and correlation, in such a way that the buyer will get an already built-in complete trading system.
Xeam setup is from one chart only!
Genetic of XEAM come from XEA, but further developped to trade in Multimarkets.
While Xea works on EURUSD/GBPUSD only, XEAM works also for other pairs.
Professional backtest of 41 strategies are available in comment, letting users build up their portfolios.
Xeam is suitable for BIG deposit, where other systems are not profittable.
Xeam works on H1, filtering the noises of the market, and use small lots so that you can use even with 30:1 leverage in low risk mode or standard mode.
Xeam is NOT sensitive to slippage, or to latency to broker – and always send to the broker the STOP LOSS and TAKE PROFIT, so in case of disconessions or internet issue your deposit will be always safe.
Please use GMT+2 DTS=US history data to backtest and EURUSD,GBPUSD,USDJPY,EURJPY,GBPJPY,XAUUSD,USDCHF timeframe H1.
Fix Lots:Xeam will use fix lots as specify in “FixedLots”
FixedLots: lots to be use and will never increase.
Increasing: (recommended) Xeam will increase lots using BalanceStep (equity per step) as the table above. so for example BalanceStep: 1475 will use 0.01 lots every 1475 deposit.
Please note that if your deposit is NOT in USD you must calculate the correct value referring to your deposit currency.
Use Virtual Balance: you can use a max virtual balance -> reccomended for big deposit, when you want to use only part of you deposit.
Virtual Balance: the amount of balance you want to use for LotStep calculation: example: deposit 50.000 Virtual Balance: 7.900 BalanceStep 790 it will open 0.10 lots.
When you need to upgrade to a new version of Xeam, please activate this and Xeam will manage old positions without opening new ones.
Magic Number Prefix: setup your favourite prefix that will be add to magic number: so if you setup “400”, Xeam will add 101->111 and magic will be: 400201 -> till 400207
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)