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Thor Professional

Introduction

Expert adviser Thor Professional - Fully automatic robust long-term investment Forex robot with news filter system. It's frequency of trades depending on market and signals generated - between 5-7 trades/month and 50-90 trades/year/symbol roughly estimated. Open trades can be chosen to be closed with either regular take profit, stop loss and trailing stop (recommended) or using reversed signal order close. Entry signals received from a special developed indicator - Thor Alpha 5.

Passed long run tests (view tester graph screenshots for each currency pair) elegant during a period of almost 10 years - from 2010 to present day - High quality Ducas copy tick data, variable spreads and slippage plus commission and swaps used in this test. Test performed on ECN real account and negative swap fee protection enabled.

Thor Professional works on symbols  EurUSd,UsdCad,UsdJpy,AudUsd,NzdUsd,no optimizations and each symbol work with it's own specific settings and no future update needed. Attach adviser on chart(any time frame from M1 to H4), and settings will load automatically for the actual symbol. To trade all five pairs - five charts for each pair need to be opened and adviser attached to them. Best results achieved on higher time frames and H4 recommended. Trade all five pairs for best performance, preferable low spread.

3-day negative swap protection - At Wednesday night swap fees are charged at triple rate the usual rate. To avoid getting charged negative swap fees on open order (if order swap is negative and if there are an open order) it can be closed automatically Wednesday evening. Choose what type of order profit to close - Only profitable(Plus with negative order swap) or both (Plus and minus with negative order swap). This option let's you only gain and not loose on 3 day swap fee and always (if engaged) only allow open order with positive swap to continue trading during rollover. Default close hours works for gmt offset +2 brokers, change them if your broker have other gmt offset. Default order close hours tested to deliver best rollover performance.

News filter  - Monitor news activities 24/7 and protect against medium and high impact news including NFP's (adjustable) and if no open orders exist during a news range no new orders will be opened if there is an entry signal. Optional to use the function to close an order if a specific news coming up such as NFP or any other high impact or medium - by using this function an open order gets terminated as soon as it enter the news range (adjustable) . Filter can be completely turned off.

Demo signal :  https://www.mql5.com/en/signals/654126

Features

  • No dangerous trading techniques used
  • No set files and no adjustments needed
  • 100% algorithmic
  • News filter without the use of .dll
  • Negative swap fee protection system
  • Always order stop loss
  • Single or multi chart trading - Single: Let adviser only open one order at a time/symbol and all other charts gets queued.  Multi: Each chart opens a trade when signal given without queue.
  • Regular TP/SL or signal reverse order closing - When reversed signal close used, instead of take profit and stop loss only a 'Hard stop loss' is set to the open order in case of a loss of connection between terminal and broker occur.
  • Money management
  • Digits self adjusted
  • Automatic magic number symbol set - Each symbol gets a permanent id and stored in a pool base and will never change (unless it's set manually) even if you remove adviser from chart or restart terminal.
  • Any account type and leverage - large spreads decrease performance - ECN recommended
  • Any time frame between M1-H4
  • Lowest possible deposit/symbol $50-100 based on leverage 1:500 ($5-10 for cent accounts) if 'Multi chart' trading selected - Always check this with current account leverage before trading. For best performance start with $10000
  • Suitable for big capital long term investors

News filter URL

Web Request needs an URL link to be working and download news files. Be sure to check ' Allow Web Request for listed URL's in tab Tools/Options/Expert advisors and copy-paste provided link into the field 'Add new url'.

http://ec.forexprostools.com/

    Thor Professional adviser settings


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