Roboost is an EA for MetaTrader 4 trading. It combines several ideas of common forex robots such as RSI half-scalping.
It tries to limit the risks by
It also calculates lot size automatically based on remaining equity if enabled in the set.
The code is delivered as-is.
Target tf: h1
Testing period: long term (e.g. 2 years)
Pairs: EURUSD, GBPUSD, other major pairs
It can run on different pairs in parallel with different sets. Of course, the automatic lot calculation is dependent on the remaining equity — in case of several pairs traded in parallel, the lot size will be impacted by all other open trades.
I am submitting it as a template for further development.
Wording: Working beta version - use it as template, to generate ideas or extend to ready-for-use ea.
Before trading on live account, please do extensive testing and/or further development.
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.