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VengaFX

Description:

The VengaFX Expert Advisor uses averaging positions.

It trades with the minimum risk on EURUSD, M15 time frame.

The Expert Advisor employs its own entry and exit algorithms.


Parameters:

  • Risk - risk percentage per trade based on the balance (default value: 5).
  • MaxLotValue - maximum lot size.
  • LotMultiplier - this parameter is used for calculation of lot for the next position (default value: 1.5).
  • MinStepLock - dynamic step between trades in points (default value: 5).
  • MinTakeProfit - dynamic Take Profit for all orders in points (default value: 12).
  • Comments - comment to an order.


Minimum Requirements:

  • Platform: MetaTrader 4.
  • Account type: micro account, mini account or standard account.
  • Minimum deposit: 10000 USD/Cent.


Expert Advisor features:

  • ECN broker support.
  • Automatic detection of decimal places in prices - 4 or 5 digits.
  • 100% automated trading.
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Version 1.3 - 2014.06.13
Fixed errors.