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Optimize Your Trading with eFXSI Forex EA - Boost Profits Now!
Enhance your trading strategy with eFXSI.mq4, a powerful Expert Advisor designed for the dynamic forex market. This Forex Robot is meticulously crafted to deliver optimal results, ensuring your trades are executed with precision and efficiency.
Experience the advantages of automated trading as eFXSI expertly navigates the market, making informed decisions based on advanced algorithms. Maximize your trading potential with this reliable EA, suitable for use on any broker, including tested compatibility with LQDFX and FXOpen.
Unlock the full potential of your trading journey with eFXSI.mq4. Download now and witness the seamless integration of cutting-edge technology into your trading routine. Elevate your forex experience - start trading smarter with eFXSI today!
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I have had tested this EA and the result is in image of backtest attached
It has any erro that need to be fixed
That's an amazing EA. In the new tests I have this results in backtest
Initial Deposit: $ 1000
Profit: $ 1176750.64
HEHEHEHEHE
Now I'm testing in a demo account, aflter in live account.
Thankyou very much to share this EA.
Did anyone test this EA in a real account? Please post reports. Also please provide any settings needed to be applied for it to run. looking forward to try it out ...
Let's break down the eFXSI Expert Advisor!
eFXSI is an Expert Advisor uses indicators like CCI, iTrend, ZeroLag, and ADX to spot potential buying and selling opportunities in the market. It constantly analyzes market data to identify trends and signals. When it sees a good chance to make a profit, it can place buy or sell orders for you automatically.
Setting it Up:
Download the "eFXSI.mq4" file.
Open your MetaTrader 4 platform.
Go to "File" > "Open Data Folder."
Find the "MQL4" folder and inside it, the "Experts" folder.
Place the "eFXSI.mq4" file in the "Experts" folder.
Restart MetaTrader 4.
Now, let's get to the adjustable parameters:
TakeProfit: This parameter defines the desired profit level in pips. When the EA reaches this profit level, it may close the trade to secure your gains.
MaxStopLoss: Maximum allowable loss in pips. If the trade goes against you and reaches this level of loss, the EA may close the trade to limit your losses.
BreakEven: Break-even is a point at which your trade is at a profit, and you want to set a stop loss at your entry point or slightly above it. This parameter specifies the minimum profit needed before setting a break-even stop.
TrailingProfit: Trailing profit is the profit required to activate the trailing stop. It means that when your trade is in profit by at least this amount in pips, the EA may activate the trailing stop.
TrailingStop: The trailing stop is a stop-loss level that moves as the trade moves in your favor. This parameter specifies the distance in pips from the current market price for the trailing stop.
Lots: This parameter determines the number of lots you want to trade. Lots represent the size of your trade position.
FixedLot: You can choose between fixed lots or calculate lots as a percentage of your balance. If set to "true," it uses the "Lots" parameter as the trade size. If set to "false," it calculates lot size based on your balance and risk percentage.
MaximumRisk: Maximum risk as a percentage of your account balance. This parameter is used to calculate the lot size when "FixedLot" is set to "false." It helps control your risk exposure.
Repeat: Number of times to repeat alerts. If an alert condition occurs, you can set it to repeat the alert multiple times.
Periods: The time period between repeated alerts in minutes.
UseAlert: Enable or disable alert notifications.
SendEmail: Enable or disable sending email notifications.
useITrend: Toggle the use of the iTrend indicator in the strategy.
useZeroLag: Toggle the use of the ZeroLag indicator in the strategy.
useADX: Toggle the use of the ADX indicator in the strategy.
ConfirmOnCurrent: When set to "true," it requires the confirmation of the current candle for a signal to be valid.
A_period: Period setting for the CCI indicator.
ADX_Period: Period setting for the ADX indicator.
Bands_Mode_0_2: Choose between MODE_MAIN, MODE_LOW, and MODE_HIGH for Bands calculations.
Power_Price_0_6: Choose the price type (e.g., CLOSE, OPEN) for Power calculations.
Price_Type_0_3: Choose the price type for Bands calculations.
Bands_Period: Period setting for the Bands indicator.
Bands_Deviation: Deviation setting for the Bands indicator.
Power_Period: Period setting for the Power indicator.
slippage: Slippage for market order processing.
shift: Shift to the current bar for indicator calculations.
For the winning strategy, here are some optimal settings:
Currency Pair: EUR/USD
Minimal Balance: $1,000
Time Frame: 1-hour (H1)
TakeProfit: 150 pips
MaxStopLoss: 30 pips
BreakEven: 15 pips
TrailingProfit: 30 pips
TrailingStop: 15 pips
Lots: 0.1 lots
FixedLot: true (Use fixed lot size)
MaximumRisk: 8% of balance
For the alert system: 9. Repeat: 3 times
Periods: 5 minutes
UseAlert: Enabled
SendEmail: Disabled
For the indicator parameters: 13. useITrend: false (Do not use iTrend indicator)
useZeroLag: true (Use ZeroLag indicator)
useADX: false (Do not use ADX indicator)
ConfirmOnCurrent: false (Do not require confirmation on the current candle)
A_period: 50
ADX_Period: 14
Bands_Mode_0_2: MODE_MAIN (Use MODE_MAIN for Bands calculations)
Power_Price_0_6: PRICE_CLOSE (Use PRICE_CLOSE for Power calculations)
Price_Type_0_3: PRICE_CLOSE (Use PRICE_CLOSE for Bands calculations)
Bands_Period: 20
Bands_Deviation: 2
Power_Period: 13
slippage: 3 pips
shift: 0 (Shift to the current bar for indicator calculations)
These optimal settings provide a balanced approach to trading with "eFXSI," taking into account risk management and market conditions.
Remember, these settings can vary depending on your risk tolerance and market conditions.
Winning Strategy:
Buy Signal: When CCI, iTrend, ZeroLag, and ADX indicators align positively.
Sell Signal: When CCI, iTrend, ZeroLag, and ADX indicators align negatively.
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