Cyclone Trader is a fully automated Expert Advisor based on a unique breakout strategy which utilizes the Fractals indicator. Each entry point is calculated using an advanced entry filter based on Stochastic and RSI. Hence no martingale, no grid, no arbitrage.
All trading positions uses hidden protective stop loss allowing you to minimize a drawdown and protect the deposit. A profit is fixed by the dynamic fibo stepwise algorithm allowing the EA to take a maximum profit. The EA allows a fixed trading lot (money management system). The EA also includes a spread filter functionality as a protective mechanism against excessive spread. The system is ready-to-use with predefined setup for simple optimization on Take Profit and Stop Loss. I recommend using VPS and no need to select a broker - it works with any broker.
Cyclone Trader EA work only on H1 Timeframe charts, also it must trade on EURUSD, AUDUSD if you want to get very high profit from this EA.
Parameters for using the Cyclone Trader EA:
- Timeframe for trading: H1 chart for better performance.
- Pairs for trading: EURUSD, AUDUSD.
- Minimum Deposit: $100 or above.
- VPS for 24/7 connection to the broker server.
- Lots - fixed trading lot if MoneyManagement = false.
- Slippage - slippage value in pips.
- MaxSpread - maximum allowed spread in pips.
- MaxOrders - specifies maximum orders.
- UseHourTrade - if true, to use the time filter, otherwise set to false.
- StartHour - trading start time, in hours.
- StartMinute - trading start time, in minutes.
- EndHour - trading end time, in hours.
- EndMinute - trading end time, in minutes.
- Magic - unique ID of the EA's orders.