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Cheap Robot

Cheap Robot is a fully automated EA for the Metatrader4 platform. You do not need to configure it. Just upload the robot to the Metatrader4 platform, open the GBP1D currency pair H1 timeframe and start trading the robot. You don’t have to do anything else. The robot itself will analyze the market, open / close transactions, manage finances and risks. This is a complete automated trading system.

How to start trading using Cheap Robot:

  • If you do not have a Metatrader4 terminal yet, you need to install it on your PC. The terminal can be downloaded on the website of any of the forex brokers with whom you want to start trading.
  • Next, you need to pay via the mql5.com website for the Cheap Robot robot. To do this, press the "BUY" button under the logo of the robot. Next, you need to choose a payment method and make a payment.
  • After paying for the robot, you need to activate it on your Metatrader4. Instructions on how to do this at https://www.mql5.com/en/articles/498 The robot will appear in the list of robots in your Metatrader4 terminal. Path to the Marker / experts robot.
  • After you have activated the robot, you can start trading with it. To do this, open a window with the GBPUSD currency pair in Metatrader4, turn on the H1 timeframe and run the "Cheap Robot" robot in this window. Settings do not need to be changed.
  • All! Congratulations! You have launched the Cheap Robot automated trading system on your PC. From that moment, the robot began to trade.
  • If you still have questions about launching the robot, write them to us at sendkod@ukr.net


Robot Settings:

  • step_buy and step_sell - the distance in the number of points between open orders. The robot opens an order at each signal. Even if there is already an open order and a new signal appears, the robot will open a new order. In these parameters we indicate the minimum distance between open orders.
  • period_buy and period_sell - in these parameters we indicate the period of the robot for each of their types of orders. For Buy orders, one period; for Sell orders, another period.
  • Risk - this parameter indicates how much transactions will be opened. The value can be from 1 to 100. The higher the value of this parameter, the higher the volume of opened transactions. With an initial deposit of $ 100 and the value of the parameter Risk = 1, the robot will open trades with a volume of 0.01 lot. With the value of the parameter Risk = 1 and the initial deposit of $ 1000, the robot will open trades with a volume of 0.1 lot. Thus, the robot increases the volume of opened transactions depending on the size of the deposit. The volume is indicated as a dynamic value and is constantly growing with the current trade deposit.
  • TrailingStop - indicate the trailing stop in points.
  • StopLoss - indicate stop loss in points.
  • max_order - in this parameter we indicate how many simultaneously the robot can open orders. If you specify the value of the parameter max_los = 10, the robot will open simultaneously no more than 10 orders. Since the robot opens deals in sections, this parameter indicates how many orders can be in one trading section.
  • vol - each candle has its own tick volume. By the value of the volume, it is possible to determine whether a new candle is open or this candle is already at the stage of formation or completion. The vol parameter tells the robot that if the volume of the candle is even less than the value specified in the parameter, then the robot can open a deal. If the tick volume exceeds the value in the vol parameter, the robot will not open trades until a new candle appears. The parameter serves as an effective spurious filter.
  • Magic - is a magic number. ID of transactions of the robot. By this parameter, the robot understands where the transactions that he opened, and where the transactions that another robot opened. For each trading pair and timeframe, it is recommended to indicate your individual identifier.
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The Quantum Expert Advisor is designed for trading EURUSD H1 . The trading algorithm lies in placing pending orders at the peaks of currency fluctuations, after a preliminary analysis of the market conditions. Trading is fully automated. Lot size is calculated automatically based on the lot percentage. Parameters MaxRisk - percentage of the deposit, used for the automatic calculation of the lot. LongWave - long wave of price fluctuation. ShortWave - short wave of price fluctuation. Level contr
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Andrey Kozak
XL Arrow is a signal indicator that displays market entry points. The red arrow and the DOWN signal at the right corner indicate it is time to sell, while the blue arrow and the UP signal indicate it is time to buy. Settings PeriodSlower - indicator slowing period. PeriodFaster - indicator acceleration period. Recommendations trading pairs: EURUSD, GBPUSD and USDJPY timeframes: M5 - H4
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The Medok indicator shows the market entry and exit points on the chart using arrows and resistance lines. The indicator is very easy to use. Buy when a blue arrow appears and sell when a red arrow appears. After an order is opened, it is recommended to close a buy position when the price reaches the lower resistance level or to close a sell position when the price reaches the upper resistance level. Recommended values for EURUSD H1 Periods - 2; Acceleration - 0.02. Recommended values for EU
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NIZMA is a ready-made trading system, that is the most efficient on the EURUSD, AUDUSD and GBPUSD currency pairs. The best timeframes are M5 and higher. The system shows the market entry points in the form of arrows, and also displays the information on the strength and direction of the trend. The signals are easy to interpret. It is suitable for both novice and professional traders. With the properly selected settings, it gives the minimum number of false signals. In tests, this number did not
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Lobster is a ready-made trading system with a flexible market analysis algorithm. It performs most of the work for a trader. All you have to do is open and close orders following the indicator signals. The indicator will be very useful for both beginners and professionals. It is able to work with other indicators and independently. Features No signal repainting; Any pair; Any timeframe; Flexible market analysis system. How to trade When the blue arrow appears, open a buy order; When the blue
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Gets is a smart trading system with complex market analysis mechanism. The operation principle of Gets is based on neural networks and diversified collection of information from various market analyzers. Then the system analyzes the statistical databases to create a general idea of the current market situation and the further price movement. The information is displayed on the screen in a simple and intuitive way - in the form of buy and sell arrows. Also, the information on the current trend st
Brabux
Andrey Kozak
Brabux is a ready-made mechanical trading system. It works on all currency pairs and timeframes automatically adjusting to them. It also selects the most efficient trading parameters for receiving a necessary profit. In the indicator parameters, specify the trading period used for calculations and the least acceptable profit in points. Next, the system automatically selects the necessary trading parameters. Trading data is displayed on the info panel. After setting the indicator on the chart and
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CoolLine is a signal indicator displaying on a chart points for opening and closing trade positions. The indicator signals are not redrawn. It draws arrows on the zero bar Open[0]. It works on all currency pairs and all time frames. Indicator Advantages Precisely shows the opening and closing points on the chart Does not redraw signals Works on all currency pairs and timeframes Very easy to use; suitable even for beginners Has a very flexible system of settings Can send push and email notifica
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Aggressive intraday scalper is a mechanical system for intraday scalping, which displays trade opening and closing signals as arrows on the chart. When a signal emerges, the indicator sends email and push notifications. So, you don't have to stay by the monitor analyzing the market and waiting for a signal. Aggressive intraday scalper will do it for you. The system has been developed for those traders who do not have their own trading system and who would love to quickly start trading using the
Jerus Line Scalper is an indicator for scalping on EURUSD, GBPUSD, AUDUSD, USDJPY and USDCAD pairs. Recommended pairs: M5, M15, M30 and H1. The trading strategy is as follows: as soon as the arrow appears, open an order in the direction of the arrow and set take profit to +10 points. Set stop loss at the indicator's stop line. Stop line is displayed in red or blue depending on the indicator signal. Also, the Martingale system can be applied in the system. If a trade is closed at a loss, the next
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Bomb Scalper is a ready-made mechanical trading system that analyzes the market using 12 market signals, as well as candle patterns, providing signals for opening and closing trades. On the screenshot below, you can see how the system draws the blue arrow for buying and the red one for selling. Order close signal is shown as the yellow arrow. Besides, during a closing signal, the indicator calculates potential profit/loss. How the indicator works After launching, Bomb Scalper navigates through
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Stiker is a robot capable of trading in automatic or semi-automatic mode . If auto=true in the robot settings, the robot automatically opens and closes orders on its own when a signal appears. If auto=false, the robot analyzes the market and shows signals on the screen, while a trader manually confirms opening or closing orders by clicking the Open Buy and Close Order buttons. This is done to enable traders make trading decisions themselves. This reduces the trading risk. Striker is a smart syst
If you do not yet have your trading strategy, you can take advantage of our ready-made trading strategy, which is most effective for EURUSD H1 currency pair. The indicator "Ready Made Scalping System" automatically analyzes the market and shows the trader when to open and close orders. You just need to follow his instructions. When the arrow appears - open the order, when a square appears with a tick - close the warrant. For convenience of the trader, the indicator when signals appear sends a
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Amok is a fully automatic trading system that was developed for trading on the EURUSD currency pair, H1 timeframe on micro accounts. Nevertheless, as practice shows, this trading system works well in other currency pairs. Principle of work of the trading robot Amok In the algorithm of the robot, there are more than 7 different trading strategies. This was done to ensure that the robot could work more stably in different market conditions. The program part of the robot uses 12 different indicat
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ForexGumpXL is a new generation in the forex gump indicator line. More accurate, faster, less complicated in the settings is all about the new ForexGumpXL indicator. In the new version of the indicator, we have applied a truly new algorithm of work. Now he does not just analyze the market for a price reversal, but with the help of an adaptation algorithm, determining the current volatility in the market indicator with a high degree of probability is able to anticipate false price reversals in or
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