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EMO PRO Robust Strategies

The EMO-PRO EA is automatic Forex multi strategy, multi timeframe and advanced order management from open until exit order timing. This consist 8 different strategy inside. Moderate frequencies trades and semi scalping. This EA is easy to use, easy to set up, and is built with high standard for surviving the market LONGEST to meet your Profit Objective Goals.

You can make your diversification multipair trades.

  • No floating trade more than (-50) pips each trade
  • Have Hard SL, have virtual TP and SL
  • No martingale.
  • No semimartingale
  • No grid trading.
  • No arbitrage.
  • No curve fitting according to backtest results.


User Setting

  1. Recommended pairs is CADCHF, EURCHF, EURCAD, AUDCAD, AUDCHF, AUDNZD, OR NZDCHF. Recommended diversification: 4 pairs and max 6 pairs.
  2. Recommended Timeframe is attach at M30 or H1


Parameter explanation

  • useMM: true/false (autolot/fixed lot)
  • Buy/sellmtd: 0:Simple, 1: Exponential, 2: Smoothed, 3: Linear Weighted
  • Buy/sellLots : If useMM=false, fill in your lot size (Recommended lots is If Initial Balance $500 - $1000 à 0.01 – 0.03 Lots, If Initial Balance $1000 - $10000, 0.03 – 0.3. Its for surviving and still good results in longterm run)
  • BalanceRiskPercent: If useMM=true, fill each strategy for your risk, recommended is 4% - 30%. Its for surviving and still good results in longterm run. NOTE: if you trade on 2 pairs and your objective risk 20% then you set at first pair is 10% all and second pair is 10% all. If you trade on 4 pairs and your objective risk 20% then you set at first pair is 5% all, second pair is 5% all, third pair 5%all, fourth pair 5% all. Recommended using 4 pairs and max 6 pairs.
  • Maxspread 187/188/20/58/120/123/127/192 : Spread Filter Condition for Entry (Recommend use 4 pips – 6 Pips)
  • Maxspread 216: Spread Filter Condition for Exit (Recommend use 2 pips – 3 Pips)
  • Buy/SellStoploss: Hard SL
  • Buy/SellTakeprofit: Hard TP
  • virtual stoploss: adjust for your need, its hidden SL must be lower than hard SL
  • virtual Takeprofit: hidden and must be lower than hard TP.
  • Buy/sellprd: period of EMO indicator default is 5
  • Buy/sellprc: applied price EMO indicator; 0:Closed, 1:Open, 2:High, 3:Low, 4:Median, 5:Typical, 6:weighted
  • Buy/selldev: standard deviation indicator


Warning

  1. This EA not compatible with US broker with NFA rule. So avoid it Since EA using multiple strategy.
  2. Set your desktop/laptop/VPS local time to UTC (0) with DST OFF. The EA trade based on your PC/VPS Local Time with DST OFF.
  3. Recommended Leverage account minimum 1:200 and maximum 1:500
  4. Strongly recommend that you use this EA at VPS Hosting 24/7 since the EA have virtual SL/TP.


Version comparison

LITE Version PRO Version
Consist 4 strategy inside Consist of 8 strategy Inside
Recommended diversification up to 2 pairs Suitable for diversification up to 6 pairs
If use Money Management its using "Fixed Fractional Position Sizing" based on percent equity
If use Money Management its using "Volatility and equity based position sizing"


Backtest and Analysis

This Strategy pass Robustness test:

  1. Backetest with 99% quality backtest TICK data minimum 9 years.
  2. Still good profitable on different pair
  3. Still good profitable on different timeframe
  4. Still profit with Monte Carlo stress test (randomized and skip order more than 20% , randomized broker spread from 2 pips until 6 pips scenario)
  5. Good distribution of profit per month
  6. Good Return/Drawdown Ratio
  7. Super SQN (Strategy Quality Number) for better position sizing Money Management Strategy


From Author

I am Fajar Alam, trade forex for 9 years and student at university, after resign for my parttime job at investment firm, this is my first move to have my little own investment firm and real account. So I must sell my strategy (EA) for 30 copies only for start built my own little firm. And of course I will support my new 30 friends that buy my strategy for Lifetime. And then never sell this EA again, just rent option maybe.

Only buy EA that have deeply analysis and backtest minimum 9 years with 99% quality TICK data and use high spread above 2 pips for test (Good strategy still survive and are profitable with high spread test).

I have some monitoring EA in MQL5 community, here: https://www.mql5.com/en/users/bangjejefx/seller

Firdaus Salim
628
2016.09.18 09:49 
 

I have given up on this EA. The creator gave up even much more earlier.

Fajar, can you be a responsible developer and make this EA work.

We paid USD$950 for this... and for that price we should at least make our money back.

At least come up with an update or improvement, not just lowering the EA price down.

shawnnny
428
2015.12.15 23:52 
 

Initially wanted to give a good rating but soon I found out that the EA has been acting weirdly. I'm running it on broker that is recommended by seller and on VPS with very low latency. The EA has been closing positions at losses which should have been winning positions.

Dr Waleed Mahdy
1194
2015.12.05 12:08 
 

16-11i see this expert is new in all thing

Im testing on demo, impressive EA.

and Use a real a low risk and now i increase the risk

this as one of the best EA's here in market.

Time will tell all about this

profit with very low risk

I give 5 starts because the owner have good job ,good support

still till now very profit 28-11-15

05-12

still till now very profit still 10-15% drawdown after

about one month still okkkkkk

i still check other pairs and get good result

there is one profitable for all pairs.

thanks my friend

CHIHTENG Lin
552
2015.11.27 10:04 
 

Two weeks ago I bought the EA, live account results with the test account

Definitely worth buying good EA. Thank the author made this great EA

I will continue to monitor all Alam works

:D

Carol Hugh
83
2015.11.16 08:24 
 

rented and run for a week, backtest is valid and same with forward trades

profit so far. Trade on 4-pairs separate on 2 broker as recommended and all profit,,impressive result

Good performance and good support

will update next

Version 1.3 - 2015.12.25
Bug fix on close order issue
Version 1.2 - 2015.12.02
Add a feature that minimizes slippage and spread filter for entry and exit trades to be more reliable.
Version 1.1 - 2015.11.03
V. 1.1
Clear all indicators after a backtest