Forex Mentors

Forex Mentor: Your Reliable Partner in Automated Trading

Introduction

Forex Mentor is a revolutionary trading bot designed to automate strategies in the dynamic Forex market. With a focus on trend trading, this bot serves as a powerful tool for traders, enabling them to effectively capitalize on market opportunities while minimizing risks and simplifying decision-making processes. Its versatility and extensive customizable parameters make it the ideal choice for both novice traders and experienced professionals.

Unique Features of Forex Mentor

Forex Mentor employs a fixed volume for opening positions, ensuring stability and predictability in trading. The bot is equipped with automatic risk calculation functionality, allowing it to adapt trade volumes based on current balance and user settings. This makes it a powerful tool for complete trading automation, enabling traders to focus on strategic aspects and market analysis.

Flexible Settings and Risk Management

This bot offers flexible settings for managing series of orders and protecting open positions. The system allows users to limit the number of orders in a series and set protection levels, significantly reducing potential losses. Additionally, Forex Mentor includes advanced parameters for configuring trading signals and correcting steps, which enhances the accuracy of market entries and exits.

Reliable Position Management

Forex Mentor provides options for setting take-profit and stop-loss levels, as well as utilizing trailing stops for effective management of open positions. With a unique magic number and the ability to add comments to orders, traders can easily track and manage their trades. Compatibility with various order filling types makes this bot a versatile solution for any trading conditions.

Configuration Parameters of Forex Mentor

  • Lot: Defines the volume of the trading lot, allowing control over risks for each trade.
  • RiskOn: Enables or disables automatic risk calculation, giving users more control.
  • Risk: Sets the risk level as a percentage, helping in capital management.
  • LimitSeries: Limits the maximum number of orders in a series, promoting control over trading activity.
  • Protections: Establishes protection levels necessary for minimizing losses.
  • signalBarsA: Signal period type A, determining the time frames for analysis.
  • signalDegreeA: Signal level type A, aiding in pinpointing entry moments accurately.
  • signalKstdA: Signal coefficient type A, important for adapting to market conditions.
  • signalCoridorA: Signal corridor type A, ensuring control over entries.
  • signalBarsB: Signal period type B, creating additional analysis opportunities.
  • signalDegreeB: Signal level type B, enhancing the likelihood of successful trades.
  • signalKstdB: Signal coefficient type B, necessary for optimizing trading operations.
  • signalCoridorB: Signal corridor type B, allowing risk management.
  • signalStepCorrect: Adjusts the signal step, improving the accuracy of trading decisions.
  • TakeProfit: Sets the take-profit level to secure profits.
  • StopLoss: Defines the stop-loss level to protect capital from significant losses.
  • TrailingPendingStart: Initiates trailing for pending orders, increasing profit chances.
  • TrailingUnitaryStart: Activates trailing for individual orders, providing maximum protection.
  • TrailingUnitaryStop: Implements trailing stop for specific orders, minimizing risks.
  • MagicNumber: A unique identifier for orders, facilitating tracking.
  • CommentOrders: Allows comments on orders for easier analysis.

Conclusion

Forex Mentor is a reliable and effective tool for automating trading in the Forex market. Its multifunctionality and flexible settings empower traders of all experience levels to find optimal solutions for risk management and effective trading. Try Forex Mentor today and discover new horizons in the world of Forex!



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William Brandon Autry
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Big Forex Players MT5
MQL TOOLS SL
4.75 (136)
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Tshivhidzo Moss Mbedzi
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Gennady Sergienko
4.44 (91)
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4.67 (6)
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4.68 (41)
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MQL TOOLS SL
4.25 (103)
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Ugochukwu Mobi
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Valeriia Mishchenko
4.13 (40)
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Ugochukwu Mobi
5 (2)
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Lo Thi Mai Loan
5 (7)
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MQL TOOLS SL
4.15 (74)
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Lo Thi Mai Loan
5 (5)
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Dmitriq Evgenoeviz Ko
1 (1)
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William Brandon Autry
4.83 (41)
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Apiradee Sangthong
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Bashier Awny Husein Ismail Alhafy
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William Brandon Autry
4.87 (38)
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MQL TOOLS SL
4.52 (140)
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PAVEL UDOVICHENKO
4.5 (8)
NorthEastWay MT5는 완전히 자동화된 "풀백" 거래 시스템으로, AUDCAD, AUDNZD, NZDCAD와 같은 인기 있는 "풀백" 통화쌍 거래에 특히 효과적입니다. 이 시스템은 외환 시장의 주요 패턴인, 특정 방향으로 급격한 움직임 이후 가격이 되돌아오는 특성을 활용합니다. 시간 프레임: M15 기본 통화쌍: AUDNZD, NZDCAD, AUDCAD 추가 통화쌍: EURUSD, USDCAD, GBPUSD, EURCAD, EURGBP, GBPCAD EA 구매 후, 반드시 개인 메시지를 보내주세요. 비공개 그룹에 초대하고, 설정 파일 및 추가적인 상세 지침을 보내드립니다. 모든 구매자가 EA를 설치하고 설정하는 것을 도와드립니다. EA를 처음 사용하는 경우, 사용 방법을 자세히 알려드립니다. EA 설정: OneChartSetup을 사용하면 단일 차트에서 모든 통화쌍을 실행할 수 있습니다 (M15 시간 프레임만 해당). 이 EA는 스프레드, 슬리피지 또는 기타 브로커 관련
Introducing   Trade Vantage : Professional Market Analyst Trade Vantage   is a highly effective analytical tool that uses a specialized algorithm for trading on the Forex and cryptocurrency markets. Its operating principle is based on price analysis for a certain time interval, identifying the strength and amplitude of price movements using a unique indication system. When a trend loses its strength and changes direction, the expert closes the previous position and opens a new one. The bot also
Apache MHL Moving Average MT5
Paulo Roberto Da Costa
5 (1)
Sinal (GOLD/XAUSD) - mais de 16 meses ativo e mais de 6 mil negociações em conta Standard (alavancagem de 1:400):   https://www.mql5.com/pt/signals/2278431 Produto para MetaTrader4:  https://www.mql5.com/pt/market/product/159627 Produto para MetaTrader5:  https://www.mql5.com/pt/market/product/160313 O Apache MHL Moving Average Expert Advisor ou simplesmente "Apache MHL" é um robô que opera no ativo GOLD/XAUUSD utilizando estratégias baseadas em médias móveis e gestão de risco com Martingale. O
Night Hunter Pro MT5
Valeriia Mishchenko
3.92 (37)
EA has a live track record with many months of stable trading with  low drawdown: All Pairs 9 Pairs Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth. It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading area.
BRAHMASTRA — 고대 인도 수학 기반 전문가 어드바이저 BRAHMASTRA는 다섯 가지 고대 인도 수학 시스템을 하나의 합류 엔진으로 통합한 전문적인 Expert Advisor입니다. 다섯 시스템 중 최소 세 개가 동시에 같은 방향에 동의할 때만 거래가 열립니다. 어떤 단일 시스템도 단독으로 거래를 실행할 수 없습니다. 다섯 가지 신성한 시스템 핑갈라 마트라-메루 (기원전 2세기) 최근 34봉 스윙의 피보나치 되돌림 구간. 0.618·0.786 황금구역 근처에서 매수 투표, 0.236·0.382 근처에서 매도 투표. 차크라발라 사이클 방법 (12세기) CCI 기반 사이클 감지. 100·150 임계 수준에서 사이클 교차 이벤트 시 방향 투표. 브라마굽타 보간법 (7세기) 두 등거리 룩백 포인트 사이의 모멘텀 기울기 측정. 설정 임계값을 초과하면 방향 투표. 아리야바타 삼각 필터 (5세기) RSI 모멘텀 밴드, EMA 교차 정렬, 이동평균 대비 가격 위치를 단일 투표로 결합. 판
Risk Hunter EA v4.0 — 우리는 리스크를 사냥합니다 이 EA는 골드 시장에서의 실제 손실, 실제 스트레스, 그리고 실제 고통으로부터 탄생했습니다. Risk Hunter의 모든 기능은 시장이 요구했기 때문에 존재합니다. 이론적인 것은 아무것도 없습니다. 모든 것은 실전에서 얻어진 것입니다. 이 EA는 생존 외에 아무것도 약속하지 않습니다. 마틴게일이 아닙니다. 그리드가 아닙니다. 커브피팅이 아닙니다. Risk Hunter는 마틴게일 포지션 사이징을 사용하지 않습니다. 그리드 트레이딩도 사용하지 않습니다. 손실 포지션에 물타기를 하지 않습니다. 각 거래는 진입 시 ATR을 기반으로 계산된 고정 로트 크기를 사용합니다——거래가 손실을 보면 그 금액을 손실로 받아들이고 앞으로 나아갑니다. 손실 복리는 없으며, 베팅 배가도 없고, 백그라운드에서 조용히 증가하는 숨겨진 익스포저도 없습니다. 커브피팅에 관해서——주간 옵티마이저는 그것을 방지하도록 특별히 설계되었습니다. 방법은 다
Gold Grabber Grid Hedge
Israel Odartei Lamptey
GOLD GRABBER Israel L. MT5 Grid-Hedge EA. WARNING: EA has Optimised  sets for GOLD (XAUUSD) ONLY (Minimum Capital: $1000) Download sets below: Use these sets for XAUUSD:  https://drive.google.com/drive/folders/1FBfc-eE7B7APhZ-P754R76d3xih8OnXX?usp=sharing Professional Grid-Hedge Trading System with Advanced Risk Management This sophisticated Expert Advisor employs a dual-directional grid strategy designed for consistent performance in volatile markets. The system opens positions in both directi
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Fortune
Andriy Sydoruk
3 (2)
Advisor (Fortune): Your Reliable Tool for High-Frequency Forex Trading The Fortune advisor is designed to be used on any timeframe, any currency pair, and on any broker's server. Its unique trading system makes it a versatile tool for traders. For optimal performance, it is recommended to trade liquid forex pairs, maintain a low spread, and use a VPS. You can start with a $100 deposit and a lot size of 0.01. Key Features and Benefits High-Frequency Trading : Utilizes two trading options: with v
ForexTrendMT4
Andriy Sydoruk
5 (1)
ForexTrendMT4 Indicator: A Reliable Tool for Market Tracking The ForexTrendMT4 indicator offers reliable market trend tracking, filtering out sudden fluctuations and market noise. This tool helps identify trends and signals favorable entry points into the market using arrows. It is suitable for both scalping on shorter timeframes and long-term trading strategies. Based on the principles of technical analysis, ForexTrendMT4 takes into account the cyclical nature of the market. Key Features and A
Agile
Andriy Sydoruk
This is a professional Expert Advisor, which implements the strategy of trading using the Divergents and DivergentsPoint indicators, as wells as filters of the global trend on higher periods. Analyzing the indicators, the system enters the market with a limited martingale and the ability to open up to 8 orders in one direction. Each series of orders has mandatory TakeProfit and StopLoss levels. Also, a trailing stop based on the SAR indicator is activated for a series in breakeven. The robot aut
Divergents
Andriy Sydoruk
Indicator of divergences. It can help you identify the flat and trend areas. It can be applied as a trading filter. It has only one parameter - Period . The indicator does not show entry points, but only visualizes the information. Keep in mind that the approach to trading should be comprehensive, additional information is required for entering the market. Parameters Period - period of the indicator.
DivergentsPoint
Andriy Sydoruk
Trend indicator based on the price divergence. It can help you in finding the entry points during the analysis. It can be applied as a trading filter. It has two parameters: Period and Level . The Level parameter allows filtering out unnecessary signals. For example, the Level parameter can be set to 0.0001 for EURUSD. The indicator can work both as an entry point generator and as a filter. The indicator clearly visualizes the information. Keep in mind that the approach to trading should be comp
RaptorF4
Andriy Sydoruk
2.6 (5)
The Expert Advisor system works with ticks. Works with a deposit of $100! The elementary unit of analysis for an internal algorithm is a tick. Classical scalping trading method. The robot works well on any historic period with any currency pair. The key value is spread, with default settings can work with the spread up to 10. If the spread is greater than 10, you should use other parameter values. Testing was performed with the spread up to 10 on all ticks. Testing using open prices makes no sen
Carousel
Andriy Sydoruk
Carousel expert system compensates drawdowns. The main indicator is Divergents . The EA allows working in one direction (for example, sell order series), while another direction (for example, buy order series) is in drawdown (compensation mode). If series in both directions operate in normal mode, the system does not switch to compensation mode. If a drawdown is detected in one of the directions, the EA goes into the compensation mode and starts compensating the loss-making series by the profita
Versatile
Andriy Sydoruk
Versatile expert system follows the principle "stay in the market for as long as possible". The main indicators are Moving Average and Relative Strength Index. The EA supports working in two directions simultaneously both following a trend and against it depending on the settings. A limited number of orders LimitOrders is used for operation. The EA correctly handles errors and reliably works with a deposit 1000 USD and higher. M5 and higher timeframes are supported. The EA has very flexible sett
IdeaClassic
Andriy Sydoruk
Экспертная система IdeaClassic создана для спокойной торговли на рынке. Основная ее задача - работа с одни ордером без увеличения лота с обязательными стопами, причем стоп-лосс и тейк-профит должны быть одного порядка. Также есть возможность использовать трейлинг-стоп. Для формирования входного сигнала используется индикатор IdeaTrend . Для анализа данного индикатора используется функция, которая может анализировать данные индикатора комплексно. Анализируется до десяти последних сигналов от инди
IdeaIlan
Andriy Sydoruk
5 (1)
IdeaIlan expert system applies IdeaTrend indicator. The EA applies the martingale principle. The EA allows trading in two directions simultaneously. It also has a full set of tools allowing the EA to follow a trend and add to a position if the trend moves in unfavorable direction. The EA correctly handles errors and reliably works with a deposit of 10 000 USD and higher. M5 and higher timeframes are supported. Stop levels and trailing stop are applied. Parameters Magic - magic number; Requotes
PowerFlash
Andriy Sydoruk
PowerFlash - Советник реализует известную торговую стратегию на основе сетки. Это автоматическая торговая система. Вся работа автоматизирована. Бот использует минимум настроек.  Бот работает следующим образом. Выставляется, одновременно, сетка отложенных ордеров в обе стороны от текущей цены на дистанции, указанной пользователем. Размер сетки регулируется от 1 до 100. После чего, куда бы ни пошел рынок, отложенные ордера будут переходить в рыночные. Если рыночные ордера зайдут в общий профит, то
SpatialJump
Andriy Sydoruk
A unique expert system that works as without optimization, with the same settings (although it can be optimized if desired, especially for some brokers). You can test as you like, all ticks, control points, opening prices. The figure has an example. The potential result when testing an average of 100-500% over 3 years. It is recommended to make a multi-currency, if you choose a balanced combination, you can get results up to 500-1000% per annum with potential testing. Verified by EURUSD. The bot
Prophet
Andriy Sydoruk
Prophet is a trend indicator. Shows the direction of turning points. Can be used with an optimal risk-to-profit ratio. The arrows indicate favorable moments and directions for entering the market. Uses one parameter for setting (adjust from 1 to 3). The probability of a successful trend is very high. In the course of work, the take-profit is much larger than the stop-loss! Works on all currency pairs and on all timeframes.
Trendes
Andriy Sydoruk
The Trendes indicator works on all currency pairs and on all timeframes. The arrows indicate favorable moments and directions for entering the market. The probability of a successful trend is very high. Trendes can be used for both small pits and long-term trading. The indicator determines the entry points according to the methods described in the book "How to play and win on the stock exchange". Options LengthA  - The number of bars for calculating the first function; LengthB - The number of b
Martingal
Andriy Sydoruk
The indicator Martingal works on all currency pairs and on all timeframes. The arrows indicate the optimal input points for the future Martingale averaging, even with a zero exponent. The indicator shows the signal to close the series only if all the previous signals can be closed in the profit. After closing the series in profit, you must immediately open the order in the direction of the signal. Thus, the signal for closing is simultaneously the point of reverse opening to the other side of th
Spin
Andriy Sydoruk
If you do not yet have your trading strategy, you can take advantage of our ready-made trading strategy, which is most effective! The trend indicator Spin is created on the basis of price divergence. Will help in finding the entry points for analysis. Can be used as a filter in the trade. Has one Length parameter. The indicator can work for both entry points and filters. The indicator reflects information in a visual form. Do not forget that the approach to trading should be comprehensive, to en
Variator
Andriy Sydoruk
Intelligent algorithm indicator Variator with accuracy generates input signals and output levels. If the average price is blue, you should look for entry points to open long positions when the market is not overbought, and if the average price is red, you should look for entry points to open short positions when the market is not oversold. The rules can be summarized as follows. You should buy during an uptrend when the price reaches the average or oversold, and sell during a downtrend when the
Prognosticator
Andriy Sydoruk
This indicator shows not just a line of the price balance, but also forecasts it for the specified number of bars ahead. That is, the level of the probable balance of the price reflects on the chart in the future. The level of balancing is set by the Balance parameter, that is, it can be drawn at any level. Forecasting the future with the Shift parameter. The indicator reflects information in a visual form. Do not forget that the approach to trading should be comprehensive, to enter the market r
Tic Tac Toe
Andriy Sydoruk
The algorithm of the Tic Tac Toe indicator differs from the usual indicators on the price charts in that it completely ignores the flow of time and reflects only changes in the price. Instead of displaying the time intervals on the X axis, and the price value on the Y axis, the Tic Tac Toe indicator displays price changes on both axes. The indicator displays in red if prices rise by a certain base value (TicTacToe) and blue if prices fall on the same value. If prices fell / rose by less than a c
FiboZag
Andriy Sydoruk
Indicator FiboZag - transfer the indicator to the chart and the Fibonacci levels will be built automatically on the last ZigZag turn. The main advantage lies in the correct construction of Fibonacci levels and markup of price levels. Simple, visual and effective use. The indicator is not redrawn and does not lag. Works on all currency pairs and on all timeframes.
TrendCloud
Andriy Sydoruk
Realization of trend movement indication with points for potential stops in the TrendCloud indicator. It can be easily used as an independent trading system. You can interpret this: the location of the course above or below the shadows show the presence of a trend. The transition to the shadow warns of a possible reversal. Entering the price inside the shadow speaks in a flat motion. The indicator tracks the market trend with unsurpassed reliability, ignoring sharp market fluctuations and noises
Doonchian
Andriy Sydoruk
The Doonchian channel consists of two channel displays. Channel lines are determined by a simple and reliable algorithm. The channel is preferably used for trading inside the channel. The indicator does not redraw and does not lag; simple algorithms are the basis of the work. It works on all currency pairs and on all timeframes. As always a warning, we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.
VictoryCPM
Andriy Sydoruk
The VictoryCPM (Currency Power Meter) indicator will show the strength of currency pairs. The indicator is created for those traders who prefer to trade several currency pairs at once. This tool is able to display on the trading chart data on the current strength of various currencies. The foreign exchange market has a dynamic structure, which is why different currencies affect each other. For this reason, in order to identify the optimal point for creating an order, it is necessary to familiari
Progressive
Andriy Sydoruk
The  Progressive  Expert System works using sharp tick movements. Works with a deposit of $ 100! The classic method of trading scalping. It is also worth noting that with the allowable spread level, the bot goes through any historical period on any currency pair. There is no point in testing at opening prices, either checkpoints or all tics. It is possible to work on accounts with a floating spread, entry into the market will occur only when the spread is lower than the level specified in the se
Element33
Andriy Sydoruk
Экспертная система Element33 работает, на любых типах счетов. Работает как в 4-х так и с 5-значными котировками. Спрэд и реквоты не критичны, подойдет любой брокер. Экспертная система разбивает историю на 4 квартала, для оптимизации рекомендовано три года на периоде H1 или H4. Оптимизацию можно проводить по ценах открытия, результаты мало отличаются от тестирования по реальным тикам, поскольку бот работает по ценам открытия. Оптимизировать достаточно один раз в месяц! Для получения более хороших
FiboPoint
Andriy Sydoruk
A trend indicator that shows the direction of pivot points. It can be used with an optimal risk to reward ratio. The probability of a success trend is very high. The indicator uses arrows to show favorable time to enter the market and market entry directions. Uses only one adjustable parameter (a value from 1 to 3). Take profit is much larger than stop loss! The indicator works on all currency pairs and time frames.
WiseBW
Andriy Sydoruk
The  WiseBW  indicator simplifies decision making by recognizing turns using the built-in algorithm, and then confirms signals at support / resistance levels. Thus, the indicator tracks the market trend with unsurpassed reliability, ignoring sharp market fluctuations and noise around the average price. The indicator can be used both for pipsing at small periods, and for long-term trading. Options: updown  - offset pips for indentation of icons; back  - how many bars to take into account; CountBa
TrendCross
Andriy Sydoruk
The indicator bounds the price according to a cyclic wave dependency using moving averages. Thus, all the crossing points, in which the movement is changed considering the indicator period, are the optimal ones. The crossing points can be used as the potential market reversal points. However, do not forget about the complex approach: the indicator signals require additional data to enter the market.
ComplexPulse
Andriy Sydoruk
ComplexPulse - pulse indicator or signal. Sensitive and responsive to price movements. The indicator shows the interdependence of various currency pairs, namely: USD, EUR, GBP, CHF, JPY. Currencies are measured in relative units, so in each unit of time the sum of all currencies will be equal to zero. Hence, one of the main elements of cluster indicators is the zero line, or the balance line (zero line). If a currency is below the balance line, then it is said that the currency is oversold rela
RegressionXP
Andriy Sydoruk
Индикатор RegressionXP рассчитывает два типа регрессии и вычисляет среднеквадратичную девиацию цены на данном диапазоне. Важна прямая золотая линия (регрессия первой степени), показывающая направление и состояние текущего тренда на выбранном таймфрейме. Чем больше угол с горизонталью, тем сильнее тренд. Таким образом, мы имеем возможность делать выводы относительно состояния валютной пары по текущему расположению цены относительно линии регрессии. На расстоянии от золотой линии проходят параллел
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