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Forex Tycoon EA

It is a fully automated Expert Advisor that contains three different trend following strategies. Every Strategy always sets stop loss and Profit target for every trades. It also employs profit trailing for every trades.

Recommendation

  • Pair - EURUSD.
  • Timeframe - 1 hour.

Features

It does not use:

  • Grid
  • Martingale
  • Hedging
  • Arbitrage


Requirement

  • VPS that is available 24/7
  • Four (4) and Five (5) digit brokers
  • Minimum initial Balance - $50
  • low spread


Settings

    • UseStrategyA - if  set true, signal of strategy A is use in trading
    • UseStrategyB - if  set true, signal of strategy B is use in trading
    • UseStrategyC - if  set true, signal of strategy C is use in trading
    • Display_EA_Name  - if  set true, dashboard of the EA is displayed
    • UseMoneyManagement - if true, the EA will calculate lot size to use in opening initial trade by using the value of MaximumRisk parameter below;
    • FixedLots - Fixed trading volume for every open positions;
    • CommonMagicNumber - common magic number for all the strategies;
    • MaximumRisk - percentage of initial deposit to be used in opening a single trade;
    • DecreaseFactor - value used in calculating the next trading lot if  the previous trade is a loss trade. The higher the value, the lower the next trading lot;
    • RT_MaximumTolerantSpread - maximum value of spread for opening any trade by all strategies
    • StopLossStrA – Stop loss value for every trade by strategy A. Note that if set to zero, no stop loss is set;
    • ProfitTargetStrA – Profit target value for every trade opened by strategy A. Note that if set to zero, no profit target is set is set;
    • BB_StrA - Period of Bollinger Band indicator to open trade in strategy A;
    • MACD_Fast_Exit_StrA - Value of Fast parameter in MACD  indicator to close trade in strategy A;
    • MACD_Slow_Exit_StrA –  Value of Slow parameter in MACD  indicator to close trade in strategy A;
    • MACD_Signal_Exit_StrA - Value of Signal parameter in MACD  indicator to close trade in strategy A;
    • BB_Dev_StrA - Value of deviation of Bollinger Band indicator to open trade in strategy A;
    • StopLossStrB – Stop loss value for every trade by strategy B. Note that if set to zero, no stop loss is set;
    • ProfitTargetStrB – Profit target value for every trade opened by strategy B.
      Note that if set to zero, no profit target is set is set;
    • WPRPeriodStrB - Period of William Percentage Range indicator to open trade in strategy B;
    • RVIPeriodStrB - Period of Relative Vigor Index indicator to open trade in strategy B;
    • ForcePeriodStrB - Period of Force indicator to open trade in strategy B;
    • DeMarkerPeriodExitStrB - Period of DeMarker indicator to Close trade in strategy B;
    • StopLossStrC – Stop loss value for every trade by strategy C. Note that if set to zero, no stop loss is set;
    • ProfitTargetStrC – Profit target value for every trade opened by strategy C. Note that if set to zero, no profit target is set is set;
    • CCIPeriodStrC - Period of Commodity Channel Index indicator to open trade in strategy C;
    • CCI_Level_StrC - Value of Commodity Channel Index indicator to open trade in strategy C;
    • MAPeriod_A_StrC - Period of Fast Moving average indicator to open trade in strategy C;
    • MAPeriod_B_StrC - Period of Slow Moving average indicator to open trade in strategy C;
    • AOLevelStrC – Value of Accelerator Oscillator indicator to open trade in strategy C;

      Feel free to contact me for any question

      No reviews
      Version 1.21 2018.09.10
      Stop loss and Profit target error in strategy B fixed and resolved
      Version 1.20 2018.09.09
      1. Spread filter included
      2. Ability to select trade on or more strategies
      3 Option of closing trade before weekends
      4. Dashboard included.