Forex Luxury EA- ( tested with over $164,000 profit)

Here is a trend EA, no martingale, please test guys  . you guys can test more and optimise it

Hi, thanks for sharing the Luxury EA.

I tested this Forex robot on a real Forex account!

Please look at what I got.

We tested on: FBS Broker!

If you are using this Forex robot on any other Forex broker, then you may have to find your own settings, because the provided settings do not work with all brokers.

We tested on super-fast Forex VPS! It's highly recommended for 24/5 automated trading!

Deposit: $5000
Leverage: 1:2000
The test time: 7 months.
Total trades: 68
Average trades per month: 10
Total profit: $164,441

I tested on a real Forex account!

Note: We made this test for you, to give you a starting point. You should always make your own test.

And one good tip. This super-fast Forex VPS is highly recommended for 24/5 automated trading!

Have a good trend and the biggest profit!

For detailed test information, please download the files below!

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Which timeframe Used In Tester?

And How Much time It Ran?
Is It Result Of 1 Year?

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How to install it, please? sorry to ask this question because I am a newbie in FX Trading. Thanks

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Hello ,

I am new to MT4 talk and interested on this EA, but would like to understand more about the trading logic. is that a 20 EMA cross over on 50 EMA when both up above or down below 200 EMA with OBOS Stochastic Oscillators.

Thanks,

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How to install it, please? sorry to ask this question because I am a newbie in FX Trading. Thanks

Sinaosja, no need to apologize – we were all beginners once! To install this EA on your MT4 platform, follow these simple steps:

Download the "Luxury Fx Robot.zip" file.
Extract the contents.
Inside the extracted folder, you should find the "octopus_1.ex4" file.
Copy the "octopus_1.ex4" file.
Open your MT4 platform.
Click on "File" at the top left corner.
Select "Open Data Folder."
Go to the "MQL4" folder and then to "Experts."
Paste the "octopus_1.ex4" file in the "Experts" folder.
Restart your MT4 platform, and you should see the EA in your "Navigator" window.

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Which timeframe Used In Tester?

And How Much time It Ran?
Is It Result Of 1 Year?

Afroja Khan, great questions! To clarify, the tester used the H1 (1-hour) timeframe and tested the EA for 7 months, not a full year. Extended testing over multiple market conditions can provide a more comprehensive view of the EA's performance.

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Hello ,

I am new to MT4 talk and interested on this EA, but would like to understand more about the trading logic. is that a 20 EMA cross over on 50 EMA when both up above or down below 200 EMA with OBOS Stochastic Oscillators.

Thanks,

So, the Forex Luxury EA's trading logic seems to be a mix of a few things. First, it's looking at two types of moving averages (EMAs): the 20 EMA and the 50 EMA.

When the 20 EMA crosses above the 50 EMA, it's like a green light for a potential bullish (upward) move. It means that the short-term trend is stronger than the long-term one. On the flip side, when the 20 EMA crosses below the 50 EMA, it's a signal for a bearish (downward) move, suggesting the short-term trend is weaker.

To add to that, they're also using the 200 EMA as a trend filter. If both the 20 EMA and the 50 EMA are on the same side of the 200 EMA (above or below), it's an indicator of a pretty solid trend in that direction.

Now, there's another tool in play here, the Stochastic Oscillators. They help pinpoint overbought and oversold conditions in the market. When the Stochastic is above a certain level (usually around 80), it's like a warning sign that the market might be overbought and could reverse downwards. And when it's below another level (usually around 20), it suggests the market might be oversold and could reverse upwards.

So, this EA is probably using these EMA crossovers and Stochastic readings to make its trading decisions. If the EMA crossovers and 200 EMA align in a certain way, and the Stochastic is in the right zone, it could be a signal for a trade.

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