Market / MetaTrader 4 / Experts /

Clown Trader Pro

149 USD

Demo downloaded: 53

Published: 9 May 2020

Current version: 1.20

Clown Trader Pro

Experts
Steffen Oesterle
Steffen Oesterle
Germany

627
- https://www.so-robot.com/
Version: 1.20
Activations: 10

UPDATE 2020: Download Source Code - follow the link to the website in my profile!

"Clown Trader Pro" is a fully automated short-term (M1/M5) and medium-term (H1/H4) trading robot.

You can choose between RSI- or CCI- trading strategy! Buy ONE get TWO.

No low spread needed!

Clown Trader PRo automatically analyzes CCI-values. Each time either the CCI or RSI comes from the overbought zone crossing the given upper level the robot will open sell-orders automatically. The lot-size will be increased exponentially with the editable multiplier. If the CCI or RSI enters the oversold zone all open sell-orders will be closed. This strategy is used in long- and short direction.

Basic EA settings are already configured for EURUSD (M5). Please test the settings which fit best to your chosen timeframe. With the right settings and enough initial deposit you can generate profit on each timeframe, symbol and even higher spreads.

Overview

The EA has been optimized for EURUSD (M5).
It is recommended to test your own settings first.
You can use every Market (index, forex,…).
You can use every timeframe.

Parameters

Tradingsystem - choose between RSI- or CCI- trading strategy
RSI_Layer - RSI-layers as equal distance from the bottom and from the top
RSI_Period – number of bars for the RSI calculation
CCI_Layer – CCI-layers as equal distance from the bottom and from the top
CCI_Period – number of bars for the CCI calculation
TradingMode – choose between "Fixed Profit" for exit all trades with fixed profit. Use "Aggressive" for just trading with CCI-Strategy described in the video (Balance > 5000 recommended)
Fixed Profit– Fixed Profit in Dollar for exit all trades
StartLots_x– first trade will be opened with min Lot of your broker multiplied with xStartLots_multplr.
MinDistance– only open a new trade with this min distance in points
Multiplier – base of the exponential lot size increase of martingale trades
MagicNumber - unique EA magic number

more...

How the EA works (simple explanation) Trades on M5 timeframe Uses H1 timeframe to analyze global market context Analyzes 2 or 3 timeframes simultaneously On each timeframe: Checks price position relative to one or two Moving Averages Evaluates MA angle and distance between price and MA Entry logic is based on trend + volatility conditions , not on random signals The full algorithm is illustrated in the screenshots. Recommended usage Symbol: EURUSD Timeframe: M5 Trading

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Clown Trader Pro

Steffen Oesterle

UPDATE 2020: Download Source Code - follow the link to the website in my profile!

No low spread needed!