Forex expert advisor (robot) based on stop and reverse system TEST VERSION
Limits by time: This test version is only for testing in strategy tester in Metatrader 4(to see the result for previous periods) System: Metatrader 4 Needed indicators: 8 indicators included Timeframe: H1 Currency pair: USDJPY Limits by accounts: No You can buy PRO VERSION: BUY THIS ADVISOR
Limits by time: TEST ONLY System: Metatrader 4 Needed indicators: 8 indicators included Timeframe: H1 Currency pair: USDJPY Limits by accounts: No Type of trading: Middle-term automated trading Neural network: light Number of signals using in trading: 8
Moneymanagement: yes Using with other EAs: yes Broker account: any account Max. spreads allowed: any TakeProfit and StopLoss: 200 pips max. Size of TakeProfit or StopLoss: 200 pips Duration of trades: average 4 hours – 4 days Lots: 0,01 – 100 VPS or Laptop: need 24/5 online
A stop and reverse order, is a type of stop loss order that exits the current trade you’re involved in and either simultaneously or immediately thereafter enters a new trade in the opposite direction. Stop and reverse orders combine elements of trade management and risk management.
Bollinger Bands indicator;
Ichimoku Kinko Hyo indicator;
Average Volume indicator;
Bollinger Bands indicator – using a moving average with two trading bands above and below it. Unlike a percentage calculation from a normal moving average, Bollinger Bands simply add and subtract a standard deviation calculation.
Ichimoku Kinko Hyo indicator – used to gauge momentum along with future areas of support and resistance. The Ichimoku indicator is comprised of five lines called the tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span. This indicator was developed so that a trader can gauge an asset’s trend, momentum and support and resistance points without the need of any other technical indicator.
Average Volume indicator – compare the average volume for the specified period to determine if volume is above or below average.
EMA indicator – an exponential moving average (EMA) is a type of moving average that is similar to a simple moving average, except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.
Keltner channel – is a technical analysis indicator showing a central moving average line plus channel lines at a distance above and below. The lines above and below are drawn a distance from that centre line, a distance which is the simple moving average of the past 10 days’ trading ranges (i.e. range high to low on each day).
Stochastic indicator – stochastic oscillator is a momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving average of the result.
TEMA indicator – a technical indicator used for smoothing price and other data. It is a composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
ADX indicator – average directional movement index values help traders to identify the strongest and most profitable trends to trade. The values are also important for distinguishing between trending and non-trending conditions.
What do you need for testing this advisor:
Open broker account or use existing. We recommend to you Pepperstone broker
PC, Laptop or VPS for trading software (Metatrader 4) from your broker (PC must be online 24/5). To ensure the 24-hour operation of the Metatrader 4 we recommend this Forex VPS Provider:
Initial deposit on broker account for trading.
Pack of expert advisors from our shop must be installed in the Metatrader according to video tutorial or FAQ.
Strategy tester video
If you need help to install trading robots, We can help you to do that with teamviewer.com software.
Financial independence, profit stability with our special trading advisors at Forex market.
Contact us: Signal2forex, firstname.lastname@example.org . Or use this form to ask a question about this product:
Question: Can I start trading using this test expert advisor? Answer: No. This EA is only for testing in the Strategy Tester. You can buy PRO VERSION: BUY THIS ADVISOR
Question: I don’t know what is expert advisors, but I know what is Metatrader? Can you help me set up advisors on my PC? Answer: We can use Teamviewer.com software for setting up advisors on your PC. Our manager does this for you, we need only to agree on the time of installation. Also you can try by yourself with our tutorial video.
Question: What account can I use? Answer: Any account of popular broker, try to use small spreads, even with comission. We recommend to you Pepperstone broker,
Question: What strategy is using that expert advisors? Answer: Advisors using neural network, technical indicators and correlation system between signals from indicators. Also using such methods as intraday trading, closing trades by time, trailing stops, trailing profits, breakeven function, closing by signals, pending orders and so on.
Question: How to install expert advisors? Answer: Open tab “File” –> choose “DataFolder” in your Metatrader 4. Put *.ex4 files in “Experts” folder. Put indicator’s *.mq4 files to “Indicators” folder. Restart Metatrader 4. Open needed charts with timeframe that shown in experts name for every currency for which it is intended. Double click on every expert advisor for every chart at the panel with experts. Expert advisor must be installed on chart only, indicators doesn’t need to be installed on chart.
Question: Do you provide updates for your advisors? Answer: Updates are coming periodiccally, when new features added.
Question: How much time I must wait for the first orders? Answer: In period of trading 01-00 – 23-50 first trades are coming during hour for portfolio and during a day for single EAs.
Question: Why orders is not opened? Answer: First of all, you need to check, if you put indicators to right folder and restart Metatrader. Then check laughing faces in the upper right corner of every chart, also check checkbox “Allow live trading” in setting for every EA. If trades is not coming (very rare chance) you need to change Metatrader of your broker to Metatrader of other broker. You can download Metatrader by that link, then you can enter to your account with your broker credentials.
Question: How to use 2-10 metatraders at the same time or how to make a full copy of your first Metatrader? Answer: You need to go to C:Program Files (x86) and find your broker folder. Then right click of the mouse on it, press “Copy”. Then right click of the mouse in free field and press “Paste”. Then you can go to C:Program Files (x86)New_broker_folder_copy. Then launch file terminal.exe. Now you opened second Metatrader. You can trade, for example, on demo and real account in the same time. How to place all charts and EAs from the first Metatrader to the new one. Open tab “File” –> choose “DataFolder” in your first Metatrader 4 and copy all from it. Then open tab “File” –> choose “DataFolder” in your second Metatrader 4, close program, delete all files from folder, and paste files, that you are copy from first one. Launch second Metatrader. Now you have full copy of first one Metatrader.
Question: Is there any limits on EA purchased? Answer: There are no limits on accounts demo or real. There are limits by time of using. You can find it in advisor specification.
Question: Do you refund me if something goes wrong? Answer: We provide full refund, if EA do not work. Before refunding we check it with Teamviewer.com or with the help of your history statement from Metatrader.
Question: How I can send you history statement from Metatrader? Answer: Please open “Account history” tab in terminal window. Right click of the mouse, press “All history”. Then right click of the mouse again and press “Save as detailed report”. Then you can send it to us by email.
Question: How can I check my account spreads? Answer: Look to “Market watch” window, then right click of the mouse on it, choose “spread”. Now you can see your spreads or expenses, that you are paying to your broker.
Question: Is it difficult to understand what is spreads? Answer: If you see spread 20 for GBPUSD pairs for 5 digit quotations, it is meaning, that you need to haggle for your broker for 0.2usd with 0.01 lot, for 2 usd with 0.1 lot and only then you will already trade for yourself. If you have many trades, there will be much expenses for your broker. It is very important to choose right account and not to pay much money to him. From our experience better to open accounts with popular brokers, as they spreads is much less.