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Forex Forever

Forex Forever is an Expert Advisor based on positive hedge correlation strategy. Default settings use common currency pairs that have positive correlation with various combination of them (16 hedge combinations). You can replace them with other symbols that you want. Some features available are Stop loss and Take profit, with the values can be set automatically or manually. Another essential feature are correlation filter for each hedge pair to filter if a packet pair can be traded or not. Also there is an option to choose the gap value set automatically or manually.

Since MetaTrader 4 strategy tester does not allow users to perform multicurrency tests, then you cannot perform backtest in the strategy tester. To test it on live account, you can try the free version Forex Forever Free with some limitations.

To use this EA you should attach it on one chart only with any time frame and no need to open the others.


Input Parameters

GENERAL INFO

  • Expert Name - name of this EA
  • Expert Version - version of this EA
  • Expert Developer - developer name

GENERAL SETTING

  • Slippage in pips - slippage
  • Magic Number - magic number

MONEY MANAGEMENT

  • Money management (true or false) - use auto lots calculation
  • Risk in percentage terms - risk based on account balance to calculate lots
  • Volume in lots if money management false - fix lots if money management is set to false
  • Target profit in percentage money, if 0 not used - if this target is reached, the EA will close position
  • Target loss in percentage money, if 0 not used - if this target is reached, the EA will close position
  • Restart trade if one of Target is reached (true or false) - if set to true, the EA will restart a trade after the target profit is reached

SPECIFIC SETTING

  • Time frame to calculate gap - time frame used to calculate gap
  • Period to calculate correlation - period to calculate correlation (1 month, 3 months, 4 months, 6 months, 1 year or 2 years)

SL-TP SETTING

  • SL-TP in term - stop loss and take profit in terms of pips, money or percent
  • SL-TP value set - set stop loss and take profit automatically or manually
  • RR ratio if SL-TP value set Auto - risk reward ratio if 'SL-TP value set' is Auto

PACKET SETTING

  • Trade Packet - trade packet (for packet 1 to 16)
  • Symbol1 - symbol 1 (for packet 1 to 16)
  • Symbol2 - symbol 2 (for packet 1 to 16)
  • Gap value set - set gap value automatically or manually (for packet 1 to 16)
  • Fill gap value if Gap value set = Manual - explanation to fill gap value (for packet 1 to 16)
  • Hedge gap trigger value in pips - gap value that filled manually (for packet 1 to 16)
  • Stop Loss - stop loss value (for packet 1 to 16)
  • Take Profit - take profit value (for packet 1 to 16)
  • Close by normal gap - close by normal gap (true or false) (for packet 1 to 16)
  • Normal gap in pips - if true, packet will be closed after hitting this value (for packet 1 to 16)

DISPLAY SETTING

  • Title background color
  • Header and footer background color
  • Main background color
  • Active font color
  • Inactive font color
Christian Busse
123
Christian Busse 2015.07.31 17:39 
 

Amazing you pay 50USD and gets such a mess. One should it beforehand but can test takes several months and shall I pay? If you offer a system for money then it should at least make returns and not at 1.5% Risk per trade, a decline of over 80%.

For me is the fraud and rip-off !!!

The excuse of the developer sits you have to test it firstonce and find the settings for you!

This EA, I recommend not to buy

Version 5.2 2018.03.26
- Re-structurized program
- Removed time setting
- Changed correlation value
- Added SL-TP in pip money and percent
- Added SL-TP value option (auto or manual)
- Added gap value option (auto or manual)
- Improved display panel
Version 4.50 2015.07.30
- Fixed bug related to symbol's error
- Simplification of the time filter
Version 4.43 2015.05.28
- Fixed a bug related to Target Loss
- Added a warning on unknown symbol
Version 4.40 2015.04.28
Add time filter (hour and day).
Version 4.32 2015.04.21
- Fixed bugs related to symbol's suffix.
- Symbol's suffix is read automatically.
Version 4.3 2015.04.10
- Fixed some bugs regarding changing symbols manually
- Implemented new correlation formula
- Added "One-time trading" option
Version 4.2 2015.04.08
- Changed display layout with correlation value
- Added new correlation formula