• Overview
  • Reviews (5)
  • Comments (7)

Forex Fraus Gratis

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 and sells by the signals of the Force Index indicator.
  • 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 Gratis
  • 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. Consider the risks when adjusting the TrailingStop.

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 month), 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
  • TrailingStop - TrailingStop size in points
  • 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 5
Mohammad Oladi
12165
Mohammad Oladi 2018.12.01 15:35 
 

Thank you for this EA

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FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
Forex Gump Bot
Andrey Kozak
The bot trades according to the scalping strategy. First, the signals of four indicators are determined, after which the bot expects a sharp price movement in the opposite direction. When the price sharply went in the opposite direction, the robot opens a deal at a short distance. The transaction is closed upon receipt of a minimum profit. Therefore, the robot does not hold long open transactions. All open trades are closed within one or more candles. Forex Gump Bot is a fully automated tradi
73 USD
EA Antivirus
Vasiliy Strukov
I am glad to welcome you on the page of my product - I am its author Vasily Strukov. EA Antivirus is a conceptually new automated trading advisor using a scalping strategy. The trading system is multicurrency and is able to trade on  many pairs - recommend  settings at №109 comment   The trading system is suitable for both experienced traders and beginners. EA Antivirus uses  pending orders on the broker's server, which initially reduces the risk through delays and slippage. EA need bro
460 USD
Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
199 USD
PipFinite Trend Grid EA
Karlo Wilson Vendiola
Smart Grid Trading Expert Advisor Based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes EA will only work on LIVE if you purchased the indicator: PipFinite Trend PRO M
98 USD
EA Technic
Fanur Galamov
1 copy at          149$. Next price        199$. Final price        499$. EA Technic is a professional fully automated mid-term, low-risk expert. To select the optimal entry points, an adaptive price movement analysis module is used. The EA does not use indicators, grid, martingale, arbitrage. Each position includes a stop loss. All open transactions are accompanied by an advanced control algorithm, which is based on a two-stage trailing stop and a multi-step profit taking system. The EA incl
149 USD
Noise Master
Evgeniy Machok
There are only 8 copies left for the price of $299. Next price - $349. Fully automatic Expert Advisor for night trading during low market volatility. The strategy is based on an automatic algorithm, based on technology with machine learning elements. The ability to filter out market "noise" has always been an essential element of any Forex strategy. In this Expert Advisor this ability is sufficiently implemented, that allows us to expect a high enough percentage of profitable trades. Posi
299 USD
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Mohammad Oladi
12165
Mohammad Oladi 2018.12.01 15:35 
 

Thank you for this EA

Matthew Todorovski
13175
Matthew Todorovski 2018.06.25 05:11 
 

1 Star (20%) = Bad

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

3 Stars (60%) = Okay

4 Stars (80%) = Good

5 Stars (100%) = Excellente!

Andrey Litvichenko
7647
Andrey Litvichenko 2017.10.28 05:25 
 

User didn't leave any comment to the rating

Juvenille Emperor Limited
14137
Eleni Anna Branou 2017.02.16 12:40 
 

User didn't leave any comment to the rating

Ovidiu Caslariu
7397
Ovidiu Caslariu 2016.02.19 17:38 
 

Still wait to see how it performs.

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