Fox Bot
- Experts
- Ramil Minniakhmetov
- Version: 2.0
- Updated: 3 June 2024
- Activations: 5
Fox expert advisor uses the RSI indicator in a very intelligent and effective way by creating a trading system that will improve your trading results. The EA will buy at the RSI bottom of 30 and will sell at RSI top of 70, but the EA will wait until a virtual loss which is marked with a red cross on the chart. After the virtual loss the EA will wait for the next signal to take the real trade. The EA will control all open orders in a martingale/grid strategy and is highly customizable and can be adapted to trade different RSI settings of your choice. The strategy works great on most pairs including gold.
IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus!
Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller
Inputs Value
- Open new series - on / off beginning of a new series of orders
- Trade Buy - allow the adviser to buy
- Trade Sell - allow the adviser to sell
- Manage manual orders – support manual orders true or false
- Use hedge – use hedging true or false
- Order Comment - order comment name
- Max spread (0 – not use) – maximum spread allowed
- Start Hour - the hour EA should be allowed to start trading, enter 1 or 2 etc.
- End Hour - the hour EA should stop entering a new series of trades
- Magic - is a special number that the EA assigns to its orders
- Max buy orders – maximum buy orders allowed
- Max sell orders – maximum sell orders allowed
- Initial lot – the size of the first lot
- Autolot – allowing lots to automatic increase after certain equity, true or false
- Autolot size. Free margin for each 0.01 – the size of free margin for each 0.01 initial lot
- Lot Multiplier - lot multiplier for the following orders
- Max Lot - total maximum amount of open lots allowed
- TP (0 - not use) – take profit in points
- SL (0 – not use) – stop loss in points
- Trail Start - activation of a trailing stop
- Trail Step - distance from the price when activating a trailing stop
- Overlap Last order – last order will go in profit and cancel out first order loss, true or false
- Overlap last order number – which amount of order to start overlap
- Overlap percent – how much percent must last order go in profit to cancel out first order loss
- Pause between orders (min. 0 – not use) – minutes to pause between orders
- Distance settings:
- Fix distance - fixed distance between orders
- Order dinamic distance - from which order will the dynamic distance be applied in order
- Dinamic distance start - the starting value for the dynamic distance
- Distance multiplier - the dynamic distance multiplier
- Next:
- News Settings
- Panel parameters
Trying out this relatively new EA. Looks promising