Market / MetaTrader 4 / Experts /

ForexCloud

50 USD

Demo downloaded: 19

Published: 1 May 2022

Current version: 1.5

ForexCloud

Experts
Mario Cocurullo
Version: 1.5
Activations: 5

ForexCloud create trades when a particular combination between different indicators is satisfied. It doesn’t use Martingale, but we can say almost the opposite: the EA close 50% of the trade, then the 50% of the remaining and so on, or if the sum of the open trades reach a particular value. The EA has been tested on different currency pairs (EURUSD, AUDUSD, NZDUSD, USDCHF, AUDCAD) for the period 2012-2022. The default settings are made for the AUDUSD, I can stress enough to say "find the best values with the strategy tester".

DETAILS

It can trade all instruments simultaneously. Simply attach the EA to the charts of the required currency pairs.
You can trade manually at the same time.
It is recommended to use the strategy tester to find the settings that better suits you.

CONDITIONS

Time frame: the robot was created for 5M.

PARAMETERS

Lot_Size – It is a set value.
Rsi_long – higher value of the RSI indicator
Rsi_short - lower value of the RSI indicator
First_sell – value, in pips, when the first trade will close
Second_sell – value, in pips, when the second trade will close
Third_sell – value, in pips, when the third trade will close
Forth_sell – value, in pips, when the forth trade will close
Opentrades – if the sum of all the open trades is above this number, all the trades will be close
MagicNumber – must be different between currencies
MM_PositionSizing – It is Balance/Posizioning size (if you have $1000 and it is set at 100000 , the lot size will be 0.01)
TOD_From_Hour - time of the day (from hour)
TOD_From_Min - time of the day (from min)
TOD_To_Hour - time of the day (to hour)
TOD_To_Min - time of the day (to min)
MaxOpenTrades – max number of open trades at the same time.

more...

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