- Antonis Michos
- Version: 1.4
- Aktualisiert: 4 Februar 2023
- Aktivierungen: 15
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IMPORTANT: THE SIGNAL HAS 50% DD.The drawdown happened before version 1.4.That is why the EA was upgraded to 1.4.(To avoid such conditions)You can check the signal's drawdown graph.
Royal ADX is using as a main indicator specific readings from different periods of ADX.After thatmany conditions start to filering the possible entry.(Candle wick,Candle size,Positions of candles between each other)
Several Take profit conditions will help for better performance(as fast in and out is possible.)
Partial TP overlap is hidden when is needed for handling better possible DD.
- USE Low spread brokers.
- 1500$ balance or more.It is known that in forex the more the better.
- 1M / 5M timeframe .Signal RUNS on 1M.
- The default set , trades GOLD(XAUUSD) .
- For FX pairs possible you need to optimize.Here is a simple set file for FOREX pairs . FOREX PAIRS NEED a zero (0) less in inputs concerning pips.-Distance,TP in pips,stop loss.
- Different magic number for different charts.
- Low spread broker for better results.
- Starting lot:The starting lot.
- starting lot for second position :The starting lot of the second position.
- Multiplier martingale:The multiplier after the second position.(If the second position is 0.01,multiplier must be at least 1.5)
- Max Lot:The maximum lot size a position can have.
- Min distance in pips for second trade:The minimum distance in pips between trades.
- Min distance in pips between trades:The minimum distance in pips between trades.
- Stop Loss pips:The stop loss for each position.
- Close All if :This input closes all positions if loss is bigger than the negative value you will enter.It is counted in money.
- Max Sells:The maximum sell positions.
- Max Buys:The maximum buy positions.
- Money in Profit:The minimum profit for closing a position
- TP in pips for 1st position:The tp in pips for the first position.
- Emergency min TP in money:The min tp in money for emergency situations.(Emergency:Readings from indicators that there will be possible danger for change of direction).
- Magic Number:The magic number.
- Time Filter:Time based on server Time.
This expert is amazing. I just discovered Ant's EA in the last couple weeks. I wish I would have found them sooner. If you are just taking a quick glance here at reviews I will explain, the strategy is many small trades protected with a partial closure of martingale grid during larger drawdowns. M1 chart has many trades but can have larger drawdowns than M5. Very versatile and trades on gold and fx. Gold has larger payoff but so far also has had larger drawdowns. I have been running gold and 9 fx pairs on 10K account returning $830 in 9 trading days using 0.01 lots. Max combined drawdown of all 10 was $1700 which was mostly from a large gold move from which the expert recovered very nicely. I am very happy with this EA. My only caveat would be that I would be cautious about trading on $1500 account, likely double that to start. I'll be buying more of Ant's EAs.