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ProFx MT4

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

Input Parameters:

  • 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




    Reviews 13
    alfred ziegenbein
    207
    alfred ziegenbein 2020.12.05 12:41 
     

    I have run ProFx in boost mode on a live account for the past four weeks. It has proven to be a steady income generator. Over 4% profit in a month with a profit factor of 3.46. I'm very pleased I made this purchase!

    Traderswayyyyyn22
    159
    Traderswayyyyyn22 2020.10.14 18:49 
     

    This is the best trading bot I've ever used! Before the update using the advanced mode, I turned a 13.3% profit on the month of September. Sure, the bot had some big ups and downs, but it came out ahead. After the update, the bot now is killing it! Trades are very positive and consistently profitable. Thanks to the changes to advanced mode and to stopping end of day close out, the bot has since turned my 13.3% profit from September into an additional 14% this October, leaving me up 27.3% in just a month and a half! Yes, the bot will occasionally take losses, but it is so accurate and great at managing the trades it takes that losses are now extremely rare and profits are happening most days of the week. This is an amazing product, and I'll update on the quarter and year for how it continues to do. For now, consider me very impressed and loving this excellent product!

    heinedw
    154
    heinedw 2020.09.29 21:17 
     

    Very impressive indicator, you can adjust settings according to your own preference. During a whole week there was not even 1 negative trade. All were closed in Profit. Thank you Sergej! Keep up the good work. Great support from Sergej as well.

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    Filter:
    carlo734
    606
    carlo734 2020.08.28 04:10 
     

    una settimana che uso questo expert e sono impressionatato,oggi con il filtro notizie non abilitato è riuscito a districarsi in maniera stupefacente,complimenti

    Sergey Kiselev
    128
    Sergey Kiselev 2020.09.11 09:43 
     

    User didn't leave any comment to the rating

    Алексей Гончаров
    130
    Алексей Гончаров 2020.09.15 23:51 
     

    User didn't leave any comment to the rating

    aomanimal
    161
    aomanimal 2020.09.09 02:54 
     

    One of my most favorite experts. The author is also supportive and really committed to improving the EA :)

    Daniel Gruber
    741
    Daniel Gruber 2020.08.27 16:07 
     

    The EA blew a live account of mine. It seems very inaccurate and doesn’t seem to trade when an actual trend is happening. When there’s a trend happening the EA is inactive and if it is active, it constantly trades in the wrong trend direction and will most likely end up blowing your account. It’s only making losses over the past weeks, live results are not even close to backtests. It just never ceases to amaze me how many of the amazing trends to make huge profits the EA misses. And once it catches one of these trends it enters the opposite position and loses out on all your balance! Update: another week goes by and the EA has still not made any profits... Im about to remove it from my portfolio... I hope that the author will update the EA soon to enhance it's performance to the original. If it was actually trading when there's a price crash like today for example, it would be very profitable.

    vegasiasyahoo
    166
    vegasiasyahoo 2020.09.22 06:01 
     

    The EA closes all open trades at the end of the day regardless to any logic consideration at any price of the end of trading day, so it doesn't even least or reduce the losses, it just closes wherever the price is at this time, even these trades could be in profit later on. Also backtest is based on 24 hours trading, so spread could change in real at the beginning of daily trades.

    Beauty Tesla
    35
    Beauty Tesla 2020.09.24 13:36 
     

    У меня большие надежды на этого Советника

    Andre Gomes
    1194
    Andre Gomes 2020.09.25 00:04 
     

    The author is working hard to improve the EA. In my opinion, the EA improved a lot over time. Very promising results. I recommend it.

    heinedw
    154
    heinedw 2020.09.29 21:17 
     

    Very impressive indicator, you can adjust settings according to your own preference. During a whole week there was not even 1 negative trade. All were closed in Profit. Thank you Sergej! Keep up the good work. Great support from Sergej as well.

    Simon Gagnebin
    205
    Simon Gagnebin 2020.09.10 15:18 
     

    Is the best EA on the market. Constant benefits and real secure EA . Very easy to use it. I tested it for 1 month I'll buy it without any doubt

    Traderswayyyyyn22
    159
    Traderswayyyyyn22 2020.10.14 18:49 
     

    This is the best trading bot I've ever used! Before the update using the advanced mode, I turned a 13.3% profit on the month of September. Sure, the bot had some big ups and downs, but it came out ahead. After the update, the bot now is killing it! Trades are very positive and consistently profitable. Thanks to the changes to advanced mode and to stopping end of day close out, the bot has since turned my 13.3% profit from September into an additional 14% this October, leaving me up 27.3% in just a month and a half! Yes, the bot will occasionally take losses, but it is so accurate and great at managing the trades it takes that losses are now extremely rare and profits are happening most days of the week. This is an amazing product, and I'll update on the quarter and year for how it continues to do. For now, consider me very impressed and loving this excellent product!

    Olivier Nicolas
    34
    Olivier Nicolas 2020.11.05 10:56 
     

    The robot works to take a position in the oposite direction of the trend. The boost mode just ruins your portefolio because the money management and the drawdown is not handling properly. I don't recommend it.

    alfred ziegenbein
    207
    alfred ziegenbein 2020.12.05 12:41 
     

    I have run ProFx in boost mode on a live account for the past four weeks. It has proven to be a steady income generator. Over 4% profit in a month with a profit factor of 3.46. I'm very pleased I made this purchase!

    Reply to review
    Version 3.8 2020.11.23
    Updated "boost mode" default parameters.

    Minor bug fixes
    Version 3.7 2020.11.18
    Fixed error in "demo version"
    Version 3.6 2020.11.18
    Added new parameter: Separate Stop-Loss for each order

    Minor bug fixes
    Version 3.3 2020.10.07
    Fixed bug in profit-target-pips
    Version 3.2 2020.09.22
    Changed Stop-Loss for additional orders to averaging price.
    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
    Version 2.5 2020.09.02
    Renamed Trading Modes: Single>Basic. Recovery>Advanced
    Fixed: Max. Daily Loss. Recovery Mode.
    Fixed: Max. Allowed lots.
    The risk factor can be used with a comma
    Improved Info-Panel
    Added Boost Mode.
    Version 2.4 2020.08.27
    Final fixed ping-error in the news-filter
    Version 2.3 2020.08.27
    Fixed ping error in the news-filter
    Version 2.2 2020.08.27
    Optimized Trading Parameters
    Version 2.1 2020.08.26
    Fixed error about News
    Version 2.0 2020.08.26
    In version 2.0, we have added new features and readjusted the trading parameters for reduced the overall risk, especially for the recovery mode.

    Added Stop-Trading for the Day after x Loss Trades
    Added Trailing-Stop
    Added orders and time settings modifications.
    Added GMT offset time settings
    Added news-filter
    Fixed bug for HKG accounts in AutoLot calculation.
    Fixed bug for all accounts in the AutoLot calculation.
    Improved the Info-Panel.
    Version 1.5 2020.08.24
    The default settings for both versions were adjusted equally.

    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.