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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. 

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Apresentando       Quantum Gold Emperor EA   , o inovador consultor especialista em MQL5 que está transformando a maneira como você negocia o prestigioso par XAUUSD (GOLD )! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos. IMPORTANTE! Após a compra envie-me uma mensagem privada para receber o manual de instalação e as instruções de configuração. ***Compre Quantum Gold Emperor EA e você poderá obter Quantum Trade EA de graça!*** Pergunte em privad
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Fully automated expert system. Uses a minimum of settings. Basic properties of SpreadLimit - helps the bot not enter the market if the spread is too large. Stops for each order are also used and each order is reliably protected. The main settings for the bot, in addition to stops, are two parameters that configure the algorithm for generating TicksReaction and TicksStep input signals. The EA can be used on most of the available trading instruments and features a small number of settings and sim
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