RS Pro EA MT4
It is important to note that no trading bot can guarantee profitability or zero loss. The performance of any trading bot, including the RS Pro EA, is subject to market conditions and may result in both gains and losses. It is important to understand that the performance of a trading bot can change over time.
It's also worth noting that backtesting results should not be considered a guarantee of future performance. Real account trading history is a more accurate indicator of a bot's performance.
The RS Pro EA is a robot that employs scalping breakout strategies to make frequent small profits while decreasing losses. Its algorithm is designed to reduce the overall amount of losses through the use of improved stop-loss and trailing techniques. The EA is user-friendly for both novice and experienced traders.
As a promotional offer for new customers, a tiered pricing structure was created.
The first 10 buyers can purchase the RS Pro EA for $50, the next 10 buyers for $100, the following 10 buyers for $200, and any additional buyers for $350.
MT5 VERSION: https://www.mql5.com/en/market/product/92983
REQUIREMENTS:1. Trading pairs: EURUSD H1, USDJPY H1, USDCAD H1(not recommended)
2. Brokers: Hedging ECN account, Low Spread, 0 StopsLevel(recommended, not required)
MAIN VARIABLES SETTINGS AND DESCRIPTIONS:
1. Differences with order prices and reference price in points:
Recommend:(Depending on the broker, this value may be set slightly differently.) EURUSD: -7,-1 USDJPY:-1
This is a variable that sets the differences between the buying(selling) prices and the reference price in points.
It is recommended to set a value between -10 (or -15) and 5 (or 10).
You can set multiple values by separating them using commas. (Example(without space): -7,-1)
Through backtesting, you can set multiple values by selecting a value that increases profits and decreases losses.
By allowing the order price to be set slightly differently, the users can proactively avoid the slippage that occurs when a large number of orders are placed at one price.
2. Maximum allowed Slippage in points: Recommend: 12
3. Maximum allowed Spread in points: Recommend: 6(or 7)
Setting this value higher will increase the number of trades and increase profits, but may also increase the amount of losses.
4. Stop loss in points: Recommend: 250
5. Trailing stop in points: Recommend: 5
6. Lot overlap or not: Recommend: true
Overlap lots at one price when profit potential is high.
Check the loss rate through backtesting and set the right amount of volume.
If you run the EA simultaneously on the EURUSD and USDJPY charts, you need to set a different magic number.
When setting two or more Differences with order prices and reference price in points at the same time, it is recommended that the difference of them is no less than Trailing stop in points. That way you can avoid big losses in the event of a loss.
You can ask me any questions in group.
Have a good trading!