FarhadHill_V4 Forex Robot - Reliable Expert Advisor for Profit

Explore the capabilities of FarhadHill_V4.mq4, an advanced Forex Robot designed to enhance your trading experience. This Expert Advisor (EA) employs cutting-edge algorithms to analyze market trends and execute precise trades. Tested on brokers like LQDFX and FXOpen, it seamlessly adapts to various trading environments. Unlock the potential of automated trading with FarhadHill_V4, your key to efficient and profitable Forex trading.

Thank you very much for sharing this EA robot and i will put in MT4 to start making money
I can use in all brokers? thank you

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thank you, i will test ihis EA thouroughly before putting it to live.

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About FarhadHill_V4 Forex Robot
https://mt4talk.com/misc.php?action=pun … download=1

The FarhadHill_V4 EA is designed to trade the GBP/JPY pair. It makes trading decisions based on a mix of indicators like MACD, Momentum, and Stochastic levels. The best part? It adjusts to market changes, aiming for at least 70% profit monthly.

How this EA works:

It's all about the indicators: MACD, Momentum, PSAR, and more.
For a BUY signal, it looks for specific conditions like a low Stochastic value and a favorable MACD position.
SELL Signal, the opposite conditions trigger a SELL - think high Stochastic levels and a different MACD scenario.
Trailing Stop feature moves your stop loss to lock in profits as the trade moves in your favor.
Money Management adjusts the trade size based on your account balance.
No Hard Stop Loss, the EA takes a relaxed approach, with a focus on trailing stops instead.
Trades are opened and closed based on current market conditions, not rigid rules.

Setting it up:

Download the mq4 file.
Load it onto your MT4 platform.
Set it up on the GBP/JPY chart.
Tweak the settings if needed, or use the default for a start.

Adjustable Parameters:

AccountIsMini: Set this according to your account type.
MoneyManagement: Turn this on to let the EA manage the trade size.
TradeSizePercent: Decide what percentage of your account to risk on each trade.
Lots: Default trade size if you're not using money management.
MaxLots: The maximum trade size you're comfortable with.
StopLossType, StopLoss: Here's where you set up your trailing stop strategy.
TrailingStop, UseTrailingStop, TrailingStopType: These fine-tune the trailing stop feature.
TakeProfitType, TakeProfit: Set your profit goals here.
MarginCutoff: This stops trading if your account hits a certain low – a safety net, basically.
Slippage: Deals with the difference between the expected price of a trade and the price at which it's executed.
Indicator Settings (MACD, Momentum, etc.): These tweak how the EA uses various market indicators to make decisions.

Here's a suggestion for setting up the adjustable parameters of the EA. Remember, these are just recommendations and you may need to tweak them based on your trading style, risk tolerance, and the market conditions.

AccountIsMini: false (if you have a standard account) or true (for a mini account).
MoneyManagement: true - This enables the EA to adjust trade sizes based on your account balance.
TradeSizePercent: 2% - A conservative percentage of your equity to risk per trade.
Lots: 0.1 - This is the default trade size if Money Management is turned off.
MaxLots: 5 - To limit the maximum trade size, preventing excessively large trades.
StopLossType: 1 - Standard StopLoss.
StopLoss: 20 - This is the maximum pip loss you're willing to take per trade.
TrailingStop: 15 - The number of pips the price should move in your favor before the trailing stop is activated.
UseTrailingStop: true - This enables the trailing stop feature.
TrailingStopType: 2 - Waits until the value of TrailingStop is reached before moving the stop loss.
FirstMove, SecondMove, ThirdMove: 10, 20, 30 - These settings apply if you're using a Type 3 trailing stop.
TrailingStop1, TrailingStop2, TrailingStop3: 10, 15, 20 - Corresponding trailing stop adjustments for the moves.
TakeProfitType: 1 - Standard TakeProfit.
TakeProfit: 40 - The pip level at which you want to take profits.
MarginCutoff: 500 - The EA will stop trading if your account equity falls to this level.
Slippage: 2 - Acceptable slippage in pips.
Indicator Settings (like MACD, Momentum, etc.): Keep these at default settings initially, then adjust based on your observations and backtesting results.

Why It's Cool:

- This EA uses a bunch of indicators like MACD, Momentum, and Stochastic. It's like having a team of experts analyzing the market for you.
- No Stress Over Losses, it doesn't set a hard stop loss. Instead, it uses a trailing stop, a cool feature that moves your stop loss point as the trade goes in your favor, helping lock in profits while reducing risk.
- It calculates the size of each trade based on your account balance. This is great because it helps manage risk – like not putting all your eggs in one basket.
- It's designed for all traders, whether you're just starting or have some experience. The settings are straightforward and adjustable to your comfort level.

It decides when to buy or sell based on specific market conditions. For instance, it buys when things look up (like a low Stochastic value) and sells when it senses a downturn.
It uses Trailing Stop, as your trade becomes profitable, the EA moves the stop loss closer to the current price, securing your gains.
Adapts to the Market, it’s not rigid. The EA adjusts its strategy based on real-time market conditions, which is great because the Forex market can be pretty unpredictable.

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