ProFx MT4 FxPro Expert Advisor is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD H1. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit.
Live Monitoring, Default Settings: https://www.mql5.com/en/signals/805722
Trading modes:
- Single Mode: Expert trade one trade secured fixed stop-loss. No martingale, grid or hedging is used
- Recovery Mode: Expert open additional averaging trades without increasing the lot-sizes, secured fixed stop-loss
Recommendations- Working pair: EURUSD
- Working Timeframe: H1
- Minimum deposit: $100 for Basic mode,
- Minimum deposit: $300 for Recovery mode.
Input Parameters:
Trading Mode - Single: Expert trade one trade secured fixed stop-loss. No martingale, grid or hedging is used
- Recovery: Expert open additional averaging trades without increasing the lot-sizes, secured fixed stop-loss
Order Settings - AutoLots - automatic percentage calculation and of the lot size based or risk and stop-loss
- Risk % per Trade - maximum risk per trade for calculation of the auto lot size.
- Lots - fixed lot mode. A suitable value of 0.01 for a deposit of $ 100
General Settings - Show Info Panel - enable/disable the Info-Panel in the chart. For fast backtest set to: false
- Trade Comment - comment for EA's orders
- Magic Number - unique magic number
Single-mode Settings - Stop-Loss Pips - fixed stop-loss per order in pips
- Profit-Target Volume - profit-target volume
- Day Close - If true, Expert will close open order at close day hour in the time settings
- Stop-Trading for the Day after x Loss Trades - value in trades, when the Expert stop open new orders for the current day
- Trailing-Stop Pips
Recovery-mode Settings - Distance Pips - the distance in pips between the averaging orders
- Maximum Orders - allowed maximum averaging orders
- Stop-Loss Pips - fixed stop-loss per order in pips
- Profit-Target Volume - profit-target volume
- Close Day - If true, Expert will close open order at close day hour in the time settings
- Stop-Trading Day after x Loss Trades - when EA will stop trading for the current day- Disable=0
- Trailing-Stop Pips - when to start the trailing stop
Trade Settings - Max Spread Allowed - maximum allowable spread. 10 = 1 pip
- Max Lots Allowed - maximum allowable lots to trade.
GMT Time Settings - StartHour - start hour to trade
- StopHour - end hours to trade
- Monday - enable or disable trading on Monday
- Tuesday - enable or disable trading on Tuesday
- Wednesday - enable or disable trading on Wednesday
- Thursday - enable or disable trading on Thursday
- Friday - enable or disable trading on Friday
- Close Day Hour - the hour when EA close open orders at the end of the day.
- Exit Friday Hour - the hour when EA close open orders on Friday.
- Exit Friday Minutes - minutes when EA close open orders on Friday
- Broker GMT Offset - Add your forex broker server time GMT offset. Required for calculating the time settings. start, end hour, news, day close, etc.
News Settings - Enable News Filter - If enabled, EA will not open new orders on events
- Auto Currency of News - If enabled, EA will automatically detect news of the traded pair.
- CurrencyNews - filter new for single currencies, EUR,USD,AUD,CHF,NZD etc. Not required if Auto Currency of news is enabled.
- Pause Before News (minutes) - pause for new orders before events in minutes
- Pause After News (minutes) - pause for new orders after events in minutes
- High Impact News - if true, no new orders will open on High-Impact Events
- Medium Impact News - if true, no new orders will open on Medium-Impact Events
- Low Impact News - if true, no new orders will open on Low Impact Events
You must allow requests to https://mql5.com. MT4 Terminal: Tools -> Options -> Expert Advisors -> Allow WebRequest for listed URL: https://www.mql5.com
MetaTrader 5 version: https://www.mql5.com/en/market/product/53154
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