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Multibot

The Multibot is a multi-currency EA, that trades on the breakouts of the important support and resistance levels. Period H1.

The system shows a good diversification of risks when using the major currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD


Features:

  1. Does not require a huge deposit
  2. Does not use martingale
  3. Each trade has a Stop Loss and Take Profit
  4. The profitable trades are moved to breakeven
  5. Uses pending stop orders for trading
  6. Can work with fixed lot or with a free margin percentage
  7. Automatic* or manual control of the stop loss and take profit sizes

* the EA analyses the current state of the market, the volatility, the spread in order to automatically calculate the order levels


Settings:

  • Magic – magic number, must be unique for each currency pair
  • Fixed Lot (true – fixed lot, false - dynamic Lot)
  • Lot – lot size, if fixed lot is used
  • Risk - the lot size is automatically calculated based on the current size of the deposit.
  • Fixed Size (true – the size of orders is adjusted manually, false – automatically)
  • Fixed TP – Take Profit in points, if Fixed Size = true
  • Fixed SL – Stop loss in points, if Fixed Size = true
  • Fixed BE – the level in points to activate the breakeven (if Fixed Size = true)

The simultaneous trading on several instruments allows to increase profits and reduce the overall drawdown. I recommend using it on ECN accounts of trusted brokers.

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