Investor Bot is a multi-currency Expert Advisor developed on the basis of price movements in a specific Time.
It is programmed to make stable Profits for a long Time with low risk, and it doesn't use Indicators to trade!
Investor Bot trades on 8 currency pairs (EURUSD, GBPUSD, USDJPY, EURJPY, USDCHF, EURGBP, AUDUSD, EURCHF ). The EA calculates the range of the 8 Pairs from 05:00 to 11:00 GMT 2 during European session, and places Buy/Sell stop orders at the High and Low of that Range at a specified distance. Only under specific conditions this orders are placed. The Expert Advisor closes all positions when reaching SL/TP. It has additional functions for limiting losses and protecting profits in its code.
- Start Time to track High/Low - time to begin tracking the Range;
- End Time to track High/Low - time to end tracking the Range;
- TP% to close all positions - all positions will be closed at X percent of profit of equity;
- SL% to close all positions - all positions will closed at X percent of loss of equity.
Settings for each Pair:
- Distance from High/Low - the distance in pips away from the High/Low of the tracking range;
- Percentage from Balance % - the risk for each trade as percent of the account balance.
The Expert Advisor started with an initial deposit of $ 5 000 on 2010.01.01 and earned $ 5 942 Net Profit until 2013.06.10. Maximal Drawdown is 10.06 %! Investor Bot needs a minimum deposit of $500 to trade.
Here it trades Live to demonstrate that the results are obtained not by Curvefitting.
- One Cancels Other = if it is true new order will delete an existing one.
- Fixed TP and SL.
- Fixed Lotsize.
- Distance from High to Low to set Orders = If the Distance of the tracking Range during specific time is greater than xx the orders are not placed.
- Trailing Stop with Start Level and Distance.
- Break Even Point with Start Level.
- Trend filter MA Cross with all parameters selectable: Time Period, MA Method EMA SMA, Shift of MA, High, Low, etc.
If the parameter Use MA Filter is set to 'true' the Expert Advisor will open orders only in the trend direction not against the trend, or with a swing depending on MA adjustment.