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FNG Advisor

FREE

Published: 17 November 2021

Current version: 3.3

FNG Advisor

Name: FNG Advisor
Rating: 4.1666665 (6 reviews)
Author: Tyler Henry Roberts

4.17

Experts
Tyler Henry Roberts
Version: 3.3
Updated: 20 January 2022

You must add the address 'http://ec.forexprostools.com/' in the list of allowed URL tab 'Tools/Options/Advisors'

Check out our MFI Version:

https://www.mql5.com/en/market/product/75573

Live Signal:
https://www.mql5.com/en/signals/1286661

Please note that you will need to optimize and customize to your broker.

With FNG Advisor you are able to make strategies that best fit you and your trading style.

Features:

Filter indicators: Envelopes, BEAR/Bull, Moving Average, Williams' Percent Range, and ATR
News filter - close trades before news and stop trading before news
Hidden TP/SL from broker
Spread

How to use FNG Advisor:

Using this expert is pretty straight forward. You choose one of the main signal indicators under “signal indicator”. Each indicator has it’s inputs underneath the indicator title. Next you can choose which filter indicators to use by enabling or disabling them individually. Each indicator has its own inputs: timeframe, shift, and reverse (plus their usual inputs). The “timeframe” is the timeframe the indicator uses. Indicator “shift” is the shift from initial signal to placement. Signal reverse is self explanatory; it reverses the signal from the chosen indicator.
How we optimize our strategies:

Normally when we optimize strategies from scratch we start by selecting the main and filter indicators. Then we choose how much historical data to use, we like 2 to 3 years. Next we optimize the indicator timeframe and signal shifts. From those results we choose our best option and next optimize TP/SL, trailing if enabled, and martingale distance if enabled. We follow that up by optimizing the specific indicator settings for the indicators used. The last input we optimize is the lot size.

If you choose to use our set files you only need to try optimizing indicator TF's, lot size, TP/SL

Check comments for rough set files

more...

1215

Marco Cesare Dezzani 2024.08.15 10:06 #

Very good EA, many thanks Henry Roberts. The backtesting gave really good results and I tested it deliberately from July to now because it was a period of high volatility for EURUSD. However, it has found very few entry points, only 11 in 45 days. What setting can this be due to?

193

kevrm61 2022.02.18 01:45 #

Very very very good ea, thanks to the author, i think the only thing now would be great to have separate buy and sell trades, in other words buy true/false sell true/false... worth 6 stars if it had them but gave it 5 thanks again

It would be great if you could make the hours and minutes easily optimisable in steps

like the indicator parameters, such a very very good ea if you take time

and optimise well it gives returns thanks again to the author, if you can do the hours

and minutes in steps keep the day filters off course, i would be happy to pay a fee if you can do this for me cheers

1462

GOEXPERT 2022.01.18 22:07 #

EDIT: Developer upraded the EA with something I asked for in less the 24h, great EA great developer!

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3170

patrickdrew 2025.06.17 14:50 #

Sadly does not work live.

After a bit of successful demo results took it live.

After 2 days large movement on USD ended up wiping out some balance.

Also signal is gone.

Also author does not respond. :-(

Pity as great idea.

457

javaai 2025.05.08 11:07 #

User didn't leave any comment to the rating

1215

Marco Cesare Dezzani 2024.08.15 10:06 #

193

kevrm61 2022.02.18 01:45 #

It would be great if you could make the hours and minutes easily optimisable in steps

like the indicator parameters, such a very very good ea if you take time

and optimise well it gives returns thanks again to the author, if you can do the hours

and minutes in steps keep the day filters off course, i would be happy to pay a fee if you can do this for me cheers

4510

Reply from developer Tyler Henry Roberts 2022.02.18 02:07 #

Hello and thank you for the good review. I see what you're saying and could implement that in the next update. It probably won't happen right away but it's on the list. 🙏

6779

Miguel Jimenez Cordero 2022.02.11 10:04 #

Great job. I m impressed.

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Reply from developer Tyler Henry Roberts 2022.02.11 18:33 #

Much appreciated 🙏

1462

GOEXPERT 2022.01.18 22:07 #

EDIT: Developer upraded the EA with something I asked for in less the 24h, great EA great developer!

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Reply from developer Tyler Henry Roberts 2022.01.18 22:52 #

Hello Are you asking for a start and stop time to daily trading?
We should have an update tomorrow with time filter. 🙏

2724

Ahmed Sarıkaya 2021.12.26 07:39 #

Good working.

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Reply from developer Tyler Henry Roberts 2021.12.26 10:05 #

Thank you again. Let me know if you need anything.