ForexExpressFull EA is the full version of ForexExpress EA now with input parameters so the trader can control how the EA will trade for you. It was programmed to open trades based on overbought and oversold territory of different timeframes from M1 up to D1 (see screenshot #7). It will open Sell if the price is in overbought territory and Buy if the price is in oversold territory and will automatically closed all positions once they become positive. The EA have alert signal warning feature that will pop-up on your MT4 trading screen if there is a possible reversal of trend against your account. If the trend is against your account for more than 3 hours or if there is a possible reversal of trend against your account, you have options if you want to use Stop Loss, Cut Loss, Hedge or Hold position.
On average, 7 positions out of 10 trades are closed in profit within a few minutes of trading and up to an average of 3 hours and it will only closed once in positive (see the 1st 3 screenshot of the live trading history statements for your reference). You can also check the 3 Strategy Tester Report in the screenshot below for CAD/CHF, USD/CHF and EUR/CHF with trading history statement, last page each. It can open from 1 position up to more than 3 positions simultaneously trading different pairs, I suggest you trade pairs only with very tight or low spreads. It can trade multiple currencies including CFDs, indexes, metals and gold, etc. with a combination of Scalping and Trend strategy (see screenshot #4 for recommended format). You can trade for as low as $100 at 0.01 lot on any MT4 broker of your choice as long as your leverage is 1:1000 or above but if you are using less than 1:500 leverage, I suggest you need a minimum of $200 to $500. Any MT4 broker with 5 decimal places and very low and tight spreads are recommended, ECN broker are also highly recommended.
Features and Benefits
- Low minimum fund of $100 at 0.01 lot as long as the leverage is 1:1000 or above from any broker of your choice or $200 to $500 if leverage is below 1:500.
- It can trade on any MT4 trading platform of any Forex broker of your choice and on any trading pairs.
- 24 hours a day 5.5 days a week of non-stop trading.
- You can use any MT4 Forex broker of your choice and you can trade any trading instruments but I recommend pairs with low and tight spreads only.
- You can used the trades or signals generated by this EA on Binary Options trading.
- You still have the option to operate it on 100% autopilot or an option to trade together with EA by opening and closing positions manually.
- LotSize - you can enter a value from 0.01 lot up to the maximum lot size allowed by the broker (0.01 LotSize for every $100 to $500 depending on leverage).
- StartingFund - you have to enter your starting fund (your initial or total deposit) as this is the basis for the computation of profit and losses.
- ReversalAlert - if set to 1, the EA will give you alert warning signal that will pop-up a message window on your MT4 screen “Possible reversal of trend” message, to switch off the alert signal warning, set the value to 0.
I make this EA very simple with no complicated input parameters and I keep on improving this EA in the coming months and years to make it very flexible and user-friendly and more profitable with very minimal risk.
Please send the author a private message so I can send you the Users Manual of ForexExpressFull EA and also I will provide you good tips and advice on how to handle those trades that still open for more than 3 hours so we can prevent and minimize drawdown.
You can copy the recommended format of my MT4 trading platform with multiple charts of different trading pairs and with EA on each chart / trading pairs (see screenshot #4). Although it can run on any trading pairs, I recommend you trade pairs with very low and tight spreads only and you can put many charts and different pairs as you want for fast opening of orders and to diversify your account.