Fully automated Torch Expert Advisor.
Opinions of our clients may be different because of many reasons, but the only real indicator is real trading:
Trading is performed using pending orders on important price levels, where price has stopped in previous periods.
Virtual StopLoss is always set.
Two-levels adaptive TrailingStop for accounts with floating spread.
"Dangerous" strategies are not used.
Trading can be performed either with fixed lot or with automatic money-management system.To estimate my other products you can follow this link https://www.mql5.com/en/signals/author/alcad83
Broker and deposit
Any 5-digit broker with low spreads and fast execution is suitable for trading.
The minimum deposit - $100.
Currency pairs and timeframe
Trading on EURUSD is recommended.
Timeframe - M15.
Terminal - MT4.
- AutoLot - can be set to true or false. If true, the EA selects the lot size for trading depending on the balance value.
- Lots - lot size is set by a user, if the value of AutoLot is false.
- Risk - maximal risk on one order, if AutoLot value is true.
- DD - the maximum allowed drawdown. If reached all positions of this currency pair will be closed.
- TakeProfitInPoints - take profit in points.
- StopLoss - virtual stop loss in points, if AutoStopLoss=false.
- TrailingStop - trailing stop in points.
- VirtualTrailing - can be set to true or false. If true, the EA hides the modified StopLoss levels from the broker.
- CommissionFor1Lot - broker commission for 1 lot, in the deposit currency. If your account does not have a commission, set to "0".
- Delta - indent from important price level for pending orders.
- EAMagic - "magic" number of the EA, which allows it to
distinguish its orders.
- CommentOfOrder - comment to orders. Can take any value.
- ShowInfoPanel - can be set to "true" or "false". If "true", the information panel will be displayed on the chart of the traded pair.
- Panel_Language - language of the information panel.
- TextColor - font color of the information panel.
Recommended settings for EURUSD are set by default.
I will be thankful for your positive reviews and ratings - it inspires me for further improvements of my Expert Advisors.
Price of the Expert advisor will change every week proportionally to profitability of the signal Monitoring of trading by Torch EA .