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Fall In Love Forex Robot

Strategy is very simple and low risk (DD is about 3% in last 9 years on backtest). It is based on the author's trade system that uses candlestick analyzes.

  • Buying or Selling on reaction
  • Orders are closed by stop loss and take profit or by some special signals
  • USDJPY ONLY
  • Use the EA on the M15 chart
  • TP=100 pips
  • SL=90 pips
  • The Expert Advisor doesn't use martingale
  • Trade time is short (mostly ~24h)

I use this EA on Live too. Backtest uses data of FXDD http://cn.fxdd.com/mt/cn/forex-resources/forex-trading-tools/metatrader-1-minute-data/.


Parameters Setting

1. OpenDay

The robot will start trading after this day.

0=sun,1=mon,2=tue,3=wed,4=thu,5=fri,6=sat

2. OpenHour

The robot will start trading after this hour (24-hour clock).

3. Use_WeekClose_Function

If you wish to close all trades on Friday, you should use:

Use_WeekClose_Function=true

4. ExitDay 5. ExitHour 6. ExitMinute (24-hour clock)

If Use_WeekClose_Function=true, please input these.

If Use_WeekClose_Function=false

Example:

If you want close all trades on Friday 21:01, you must input:

ExitDay=5, ExitHour=21, ExitMinute=1 (allows your server time)

7. Slippage

Maximum allowed slippage. I use 3.

8. Lots

The extent of the fixed trading volume.

9. MagicNumber5278

A unique identifier through which Fall In Love Robot recognizes and manages its own positions. If you use other expert advisors on the same account, please ensure that each of them has a distinct unique identifier.

10. Magic5278_TP

Proximity to take profit levels in standard pips. I use 100, because 100 is the best performance on backtest.

Example:

Magic5278_TP=100

If profit overs 100Pips then trade will be closed.

11. Magic5278_SL

Proximity to stoploss levels in standard pips. I use 60.because 60 is the best performance on backtest.

Example:

Magic5278_SL=90

If Loss overs 90 Pips then trade will be closed.

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I have been developing, testing and correcting this automated scalping system for a long time: https://www.mql5.com/en/signals/author/test-standart .   Last settings for EA in the comment: #2009 🛑  Telegram channel with news:   https://t.me/EAFXPRO 🛑   Telegram group for questions and discussion:   https://t.me/EAFXPRO_chat Currency pairs for which sets are developed: USDCHF, EURCHF, CADCHF, USDCAD, EURUSD, EURGBP, EURAUD, EURCAD, GBPUSD, GBPAUD, GBPCAD, NZDCAD, NZDUSD, AUDUSD, AUDCAD, AUDJPY
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Mateus Botelho Mattos
EA with hundreds of unique strategies. Run multiple strategies simultaneously. Select your strategies and build your custom portfolio. Replace strategies anytime. Run multiple portfolios with this single EA. All strategies go through phases. Some strategies earn more profits than others. With Portfolio X running you can run multiple strategies so the profits of good strategies compensate for the losses in others, creating a smooth equity curve. Telegram Group for PortfolioX Members MT5 ve
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This GOLD EAgle is created for the XAUUSD (GOLD). This is a trend strategy that uses the   TrendLine PRO   indicator and trades on the M1-M15 timeframes The EA has a mobile trading panel for managing auto-trading functions and the ability to open trades manually. All trades opened by the trader in manual mode will be closed with a profit using the DD Reduce Functions settings We can say that the task of the EA is to bring any trade to profit regardless of when and how it was opened BLOG of GOLD
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Version 1.9 2014.06.02
Symbols like "USDJPYm", "USDJPYx", "USDJPYFXF", "USDJPYjpy" etc. are now fully supported.