Forex Fraus Dobby

3.67

The Expert Advisor of the Forex Fraus family, the system is designed for scalping the EUR/USD pair on the M1 timeframe (for five digit quotes), and adapted for the accounts with fast execution of orders.


Operation Principle

  • Buys at the extreme Lows and sells at the extreme Highs of the Stochastic indicator values.
  • When a signal is received the orders are opened by injection, using tick data.
  • Positions are closed by Trailing Stop
  • Not closed positions are closed at the opposite trade
  • Built-in adjustable risk management block. Depending on the balance it monitors the size of the executed order, distributing risks.


Testing

  • Download a free copy of the Forex Fraus Dobby
  • In the MT4 platform go to Tools > History Center.
  • Download the quote history for EUR/USD Attention: for a more accurate testing go to your broker's site and download the history for EUR/USD on the timeframe M1 (for example, 1 year long)
  • Open the strategy tester and choose the time interval to start testing.
  • Select M1 timeframe.
  • Select Every Tick as the model.
  • Set spread no more than 10 points, or the current if it fits within the range, usually for this pair it is 5-8 points (for the five-digit quotes)
  • Start the backtest


Live trading

  1. Attach the indicator to the EUR/USD pair window with the M1 timeframe
  2. Allow live trading

Very important: the EA does not work together with other Expert Advisors, as the operation algorithm gets interrupted. So make sure there are no Expert Advisors in other windows!

optimization note: All the default settings are designed for specifically the EUR/USD pair on the M1 timeframe. If you want to use the robot on other currency pairs, be sure to test in the tester before use.

Trading tip: The EA signals do not come often (this can be seen from the tester data), this should not be feared, many people might think that the EA stopped working, but it is not so (it can be silent for about a week), later it is compensated by an order injection once the signal arrives. Therefore, I recommend placing the robot on a virtual server, as the EA is recommended to trade 24/7.


Data variables of the EA settings

  • SL - Stop Loss
  • TP -Take profit
  • UseSound - sound of Trailing Stop triggering true-sound is enabled false-sound is disabled
  • NameFileSound - name of the sound file
  • RiskPercent - risk in percents (lot size is calculated based on the account balance)
  • maxLots - the maximum lot used during the calculations of the risk management block
  • minLots - the minimum lot used during the calculations of the risk management block
Reviews 4
Sergey Kuz'michev
206
Sergey Kuz'michev 2021.10.21 19:13 
 

Интересная стратегия, иногда график внушительный.

Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.03.01 09:16 
 

Good job.

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ONE OF THE FEW ROBOTS WITH A SIGNAL HISTORY OF MORE THAN 3 YEARS AND AMONG THE TOP 10.   LINK TO MY ROBOTS AND SIGNAL PRESETS: In my profile there is a link to download the PRESETS that I use in my SIGNALS, you can download and Backtest for free, there are explanations in the my WebSite. https://www.mql5.com/en/users/tec_daniel   LINK TO OTHER ROBOT VERSIONS: MT4:  https://www.mql5.com/en/market/product/97963 MT5:  https://www.mql5.com/en/market/product/97962   SOME EXAMPLES OF SIGNALS ON “mql5.
Scalping Index Pro is a   professional trading system   designed specifically for fast and precise scalping on   US30 and DE40 using the M1 timeframe . The system has been developed specifically for the unique behavior of major stock indices, focusing on short term price movements, rapid momentum changes, market volatility, and selective grid based trade management techniques to identify high probability   trading opportunities . Scalping Index Pro is optimized for traders who prefer dynamic tra
HSS PRO PRICE ACTION EA   - is a great intraday trading system based on the price action research! EA is working on H1 timeframe during EU and US sessions.   8 Set_files available for 8 corresponding pairs! Trading idea is based on famous powerful Price Action patterns - Hammer and Shooting Star which are combined with trend and scalping techniques! Download EA Set_files for testing and trading: GBPCHF Set_file NZDUSD Set_file GBPCAD Set_file USDCHF Set_file USDJPY Set_file EURAUD Set_file EU
"SIDEWAYS TRADER EA "   - is an advanced single-pair grid trading system! This EA is a very safe trading system with consistent profit. M5  timeframe! Download EA Set_file for testing and trading: NZDCAD Set_file EA stand out features: - Entry and Exit points are automatically adjusted by EA depending on market volatility. - Expert Advisor can manage Buy and Sell orders simultaneously. - EA builds dynamic grid automatically depending on volatility as well. - No tight-spread requirements - EA
GOLDwind Engine4
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EA~GOLDwind – The Xtreme Growth Engine for XAUUSD - Generates an ROI of over 100% per month  Out-of-the-box Expert Advisor for MT4 and MT5 I N T R O Step into the power of GOLDwind Experience how an advanced trading engine transforms the volatility of XAUUSD into precision‑driven opportunities. With its transparent GUI revealing early signals of major momentum~whether reversals or powerful trend formations~you gain direct access to sophisticated analysis and a clearer view of gold’s dy
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The Expert Advisor of the Forex Fraus is designed for scalping the EURUSD (for five-digit quotes) and adapted for the accounts with fast execution of orders. Operation Principle When a signal is received, the orders are opened by accumulation using tick data; The robot does not apply indicators and other analytical systems. The signals are calculated using H1 and M1 chart processing results; The EA has three operation modes; Normal : uses the filter for trend trading; Turbo : uses the filter th
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Sergey Kuz'michev
206
Sergey Kuz'michev 2021.10.21 19:13 
 

Интересная стратегия, иногда график внушительный.

Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.03.01 09:16 
 

Good job.

Matthew Todorovski
13134
Matthew Todorovski 2018.06.25 07:26 
 

1 Star (20%) = Bad

2 Stars (40%) = Undecided (still testing)

3 Stars (60%) = Okay

4 Stars (80%) = Good

5 Stars (100%) = Excellente!

Andrey Litvichenko
7699
Andrey Litvichenko 2017.10.24 07:05 
 

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