FxPro Expert Advisor is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit.
Live Monitoring, EURUSD H1, Default Settings, Boost mode: https://www.mql5.com/en/signals/805722
The EA can work in 3 modes:
- Basic: EA opens one trade secured fixed stop-loss. No martingale, grid, or hedging is used
- Advanced: EA opens additional averaging trades without increasing the lot-sizes, secured fixed stop-loss
- Boost: EA opens additional averaging trades and multiplies the lot-sizes.
Minimum deposits. Leverage 500: Basic mode: $100 | Advanced Mode $300 | Boost Mode: $500
Working Pair: EURUSD H1
- Trading Mode Basic: EA opens one trade secured fixed stop-loss. No martingale, grid, or hedging is used
- Trading Mode Advanced: EA opens additional averaging trades without increasing the lot-sizes, secured fixed stop-loss
- Trading Mode Boost: EA opens additional averaging trades and multiplies the lot-sizes.
- AutoLots - automatic percentage calculation and of the lot size based or risk and stop-loss
- Risk % per Trade - maximum risk per trade for calculation of the auto lot size.
- Lots - fixed lot mode. A suitable value of 0.01 for a deposit of $ 100
- Show Info Panel - enable/disable the Info-Panel in the chart. For fast backtest set to: false
- Trade Comment - comment for EA's orders
- Magic Number - unique magic number
- Distance Pips - the distance in pips between the averaging orders
- Maximum Orders - allowed maximum averaging orders
- Stop-Loss Pips - fixed stop-loss per order in pips
- Profit-Target Volume - profit-target volume
- Close Day - If true, Expert will close open order at close day hour in the time settings
- Stop-Trading Day after x Loss Trades - when EA will stop trading for the current day- Disable=0
- Trailing-Stop Pips - when to start the trailing stop
- Max Spread Allowed - maximum allowable spread. 10 = 1 pip
- Max Lots Allowed - maximum allowable lots to trade.
- StartHour - start hour to trade
- StopHour - end hours to trade
- Monday - enable or disable trading on Monday
- Tuesday - enable or disable trading on Tuesday
- Wednesday - enable or disable trading on Wednesday
- Thursday - enable or disable trading on Thursday
- Friday - enable or disable trading on Friday
- Close Day Hour - the hour when EA close open orders at the end of the day.
- Exit Friday Hour - the hour when EA close open orders on Friday.
- Exit Friday Minutes - minutes when EA close open orders on Friday
- Broker GMT Offset - In order to get proper results, you have to set them correctly according to your broker GMT Offset
- Enable News Filter - If enabled, EA will not open new orders on events. Allow requests to https://mql5.com. Tools -> Options -> Expert Advisors -> Allow WebRequest for listed URL: https://www.mql5.com
- Auto Currency of News - If enabled, EA will automatically detect news of the traded pair.
- CurrencyNews - filter new for single currencies, EUR,USD,AUD,CHF,NZD etc. Not required if Auto Currency of news is enabled.
- Pause Before News (minutes) - pause for new orders before events in minutes
- Pause After News (minutes) - pause for new orders after events in minutes
- High Impact News - if true, no new orders will open on High-Impact Events
- Medium Impact News - if true, no new orders will open on Medium-Impact Events
- Low Impact News - if true, no new orders will open on Low Impact Events
MetaTrader 5 version: https://www.mql5.com/en/market/product/53154
Minor bug fixes
Minor bug fixes
Added: Closing of open orders when news status change to paused
Added: Paused Trading FirstDayMonth/LastDayMonth weekend days excluded
Added: Stop-Loss to Breakeven
Fixed Bug: Error copying historical data
Changed default parameters/trading mode.
Added: Separate input parameters for BOOST trading mode
Fixed: Max. Daily Loss. Recovery Mode.
Fixed: Max. Allowed lots.
The risk factor can be used with a comma
Added Boost Mode.
Added Stop-Trading for the Day after x Loss Trades
Added orders and time settings modifications.
Added GMT offset time settings
Fixed bug for HKG accounts in AutoLot calculation.
Fixed bug for all accounts in the AutoLot calculation.
Improved the Info-Panel.
The Default trading mode is RECOVERY and 1% risk.
Stop-Loss for SINGLE and RECOVERY per order is now 60 pips.
Fixed bug in the min. required balance.
Changed the default max. spread value to 3 pips.