Free MTF Basic Forex Robot

This free version of the MTF Basic Forex Robot has some limitations compared to the paid version of the MTF Basic Forex Robot!

• The lot size is fixed = 0.01


• Optimized only 2 pairs = EURUSD, GBPUSD


• Optimized graphics for M15


• Indicator parameters are fixed in the EA

The full version is available here: https://www.mql5.com/ru/market/product/20298

The work of the expert is based on the medium-term trend and the scalper strategy. He explores the strength and direction of the trend, using a few key indicators on the younger and older period. After finding the trend it analyzes the status and perekuplennosti pereprodannosti the currency pair. This version can only handle 1 position / pair.

It is important to understand that this is not a 100% winning strategy!

If necessary, the position can be closed at a loss. For profit and risk settings I use functions stop loss and take profit on the basis of numerical values ​​and indicators. An indicator built into the program. To optimize I used historical data from a large interval from 1999 to the present. Adviser also tested with an accuracy of 90% -99.9%.

• It does not use Martingale


• not using arbitration


• It does not use a grid strategy


• It does not use the method of averaging

recommendations

• Optimized for the timeframe M15


• fast ECN-account


• Low spread - it was 7-15 points in the optimization of spread value


• stable VPS-server


• a minimum deposit of $ 100 on a pair of traded

Input parameters

• ConvertCurrMM = 0.00 - accounts for a currency other than USD can configure transform coefficient parameter "MMRisk". When using a fixed lot, leave blank.


• suffix = - specify the suffix of your broker, if any. (For example: EURUSD.e, specify here .e; at EURUSD.pro select .pro, etc.)


• MAGICSELL = 1 - magic number of sell orders. (If you are using another robot of the same basic pair, another magic number should be used)


• MAGICBUY = 2 - magic number of orders for the purchase. (If you are using another robot of the same basic pair, another magic number should be used)


• MaxSpread = 30 - the maximum value of the spread.


• Slippage = 3 - the maximum value of slip.


• FiveDigitBroker = true - default true for brokers with a 5-digit quotes. When using a 4-digit quotes, specify false.

"----- StopLoss, TakeProfit section -----" - Setting Stop Loss and Take Profit

• Defaultsluse = true - use a stop-loss order by default. You can use a stop-loss by default, or set your own value. Default true. If you want to use other values ​​of SL and TP, enter the value "false". This advisor operates in all modes using stop-loss. If you enter in each field to 0, the EA will close orders only on the basis of the basic indicator.


• BuyStoploss = 0 - stop-loss buy orders.


• BuyTakeprofit = 0 - Take Profit orders to purchase.


• SellStoploss = 0 - stop-loss sell orders.


• SellTakeprofit = 0 - Take Profit orders for sale.