Bott

This Expert Advisor is recommended for newbies.


Bott is a Scalper Expert Advisor.

  • The expert advisor is running on price action on entry analysis and winning trades use trail stop to maximize the profit and uses stop-loss on reversing trade to minimize losses.
  • The entry plan is to catch the general trend and catch some pips on that trend. 
  • In case the entry is not in favor and price reverses, it uses a Stop-Loss 
  • Lotsizing is specifically based on the parameter "Money Management". 

Very Important Settings

  • Account Type: Please use ECN only. Some brokers call it "Raw Spread" account type. Using other account type is a sure way to lose all your fund. 
  • Timeframe: D1
  • Currency Pair: Preferably GBPJPY only. Use other pairs at your own risk.

Money Management Formula

Please see Parameters

Lots = (Account Balance / MM) * Baselotsize


Parameters

  • Money Management - This is used to divide the Account Balance then multiplies it to BaseLotsize. Use default.
  • Base Lotsize - The lotsize multiplier after calculating the Money Management parameter.  Use default.
  • Stop Loss in Points - This is to protect the fund. Use default. 

Video Bott
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Farell Edson Mazarin
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Konstantin Kulikov
5 (1)
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Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
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MQL TOOLS SL
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