FONIX is fully automated scalping expert advisor. It trades channels breakouts on major currency pairs . i.e . ,EURUSD,USDJPY ,GBPUSD, .
$$$$$$$$$ initial deposit :30USD LOW RISKY EA $$$$$$
- NO martingale
- NO grid trading
- NO arbitrag
live signal DEMO https://www.mql5.com/en/signals/836696
LIVE SIGNAL REAL https://www.mql5.com/en/signals/850613
- Any broker that provide Low Spread and Fast Execution (less than 100 ms) ECN ACCOUNT IS NEED . the sum commission + spread for EURUSD should not exceed 10 point .
- Your broker must have a STOP_LEVEL smaller or equal to 10 points .
- We strongly recommend that you use a VPS as it needs rapid execution to modify orders .
- Depending on the lot size you will need LEVERAGE as high 1:500.
- time frame :H1
| Strategy tester ||(Deafault setting ) |
|Symbol ||GBPUSD,EURUSD,USDJPY, |
|Timefarme ||H1 |
|Setting ||Default |
| Commissions points ||5(default), but need set for Commissions points per lot as your broker . ( EX. SET 7 IF your broker has 7 USD Commission per lot for GBPUSD ).|
|Brokers ||Broker with low spread and commission, ecn, stp or ndd . ( EX. SPREAD MUST BE UNDER 10 POINT FOR GBPUSD ).|
|Risk || 1 to 5% |
| Spread limitation ||Maximum 20 POINT for GBPUSD.EURUSD,USDJPY |
|STOPLOSS|| 60 -100 POINT FOR EURUSD IN SPREAD UP TO 10 POINT . |
|Minimum Deposit||30- 100 USD |
|Tester Method||tick by tick|
|Strategy Type||Trend Following, Not use Martingale or Grid|
|period of test forward ||minimum 8 month |
| VPS(for forward test or live account) ||mql5 VPS recommend . |
Setting and Input
1.GMT-GMT for your broker
2.Indicator Period-Period of hilo Indicator
3.Maximum Distance -Maximum distance between orders
4.Commission point-in case your account has commission( for ex.ecn account has 5 usd commission per lot so must be set 5 ).
5-Riskpersent-Amount in percentage risked per trade (every position).
6-Lots-If you want auto lot leave it ,zero
7-Magic_Number-Magic number in case you want to use with EA.
8-Buy_Comment -comments on buy orders
9-Sell_comment-Comments on sell orders
10-Stoploss-Stoploss value in points.
11-Trailing-Ttraling stop in points.
12-PointActivate-Points to active trailing stop.
13-Spread Limits-Spread limits to delete placed orders.
14-Hour_to_start:Hour to start trading
15-Hour_to_STOP:Hour to stop trading
16-PointsPASS:Distance from last high or low to place stop orders.if >0 ,the EA will place the order point pass point above last High . the opposite is true .
17:Deleteorder :After Hour_to_Stop The EA will open stop orders if this option if set to true.
NOTICE : IT IS BETTER FRIDAY THE ROBOT TURN OFF TO PREVENT OF NEGATIVE GAP IN MONDAY MORNING !!!
It is not recommended to use a value of MaxRisk greater than 5%. Please note that after hitting stop loss two times in a row at a risk of 10%, you will lose 10% of the deposit.
Use brokers that are reliable and have shown decent results in trading with this Expert Advisor. The list can be found in the settings and in the description of the trading signal.
Remember that past profit does not guarantee future profit.