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Forex Profit System.mq4 - Powerful EA for Consistent Trading Results
Discover the effectiveness of Forex Profit System.mq4, a reliable Expert Advisor (EA) designed for optimal trading performance. This Forex Robot employs advanced strategies to navigate market conditions, ensuring consistent profits. Tested on brokers like LQDFX and FXOpen, it seamlessly adapts to various platforms. Elevate your trading with this versatile EA, your key to a successful forex journey.
Forex Profit System.mq4 4.93 kb, 60 downloads since 2015-04-23
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Forex Profit System Expert Advisor:
This EA called Forex Profit System is here to help you make smarter trading decisions. It uses a combination of moving averages and the SAR indicator to identify potential buy and sell signals.
How this EA Works:
The EA looks at two sets of moving averages (EMA10, EMA25, EMA50) to spot trends in the market.
It also keeps an eye on the Parabolic SAR (SAR) indicator to confirm its signals.
When the conditions are right, it places buy or sell orders automatically.
It can also apply trailing stops to protect your profits.
To get started with this EA, follow these steps:
Download the .mq4 file.
Open your MetaTrader 4 platform.
Click on "File" and select "Open Data Folder."
Locate the "MQL4" folder and then the "Experts" folder.
Copy the ".mq4" file into the "Experts" folder.
Restart your MetaTrader 4 platform.
Find the EA in the "Navigator" panel and drag it onto your chart.
Adjustable Parameters:
TakeProfit: This parameter sets the take profit level for buy orders in pips.
TakeProfit1: Similar to TakeProfit, this parameter sets the take profit level for sell orders in pips.
StopLoss: It determines the stop loss level for buy orders in pips.
StopLoss1: This parameter sets the stop loss level for sell orders in pips.
TrailingStop: Trailing stop is used to protect profits by adjusting the stop loss level as the price moves in your favor. This parameter specifies the trailing stop value in pips.
TrailingStop1: Similar to TrailingStop, this parameter sets the trailing stop value for sell orders in pips.
Lots: It defines the trading lot size for each order. Lot size represents the volume of the trade.
per_EMA10: This parameter sets the period for the first Exponential Moving Average (EMA10) used in the strategy.
per_EMA25: It sets the period for the second Exponential Moving Average (EMA25) used in the strategy.
per_EMA50: This parameter specifies the period for the third Exponential Moving Average (EMA50) used in the strategy.
TakeProfit: 50
TakeProfit1: 50
StopLoss: 30
StopLoss1: 30
TrailingStop: 10
TrailingStop1: 10
Lots: 0.1
per_EMA10: 10
per_EMA25: 25
per_EMA50: 50
Optimal Settings for Winning Strategy:
Currency Pair: EUR/USD
Minimal Balance: $1,000
Time Frame: 1-Hour (H1)
Additional Settings (for diversification):
Currency Pair: GBP/USD
Time Frame: 4-Hour (H4)
Winning Strategy Settings:
When EMA10 crosses above EMA25 and EMA50, and SAR is below the current price, consider a BUY order.
When EMA10 crosses below EMA25 and EMA50, and SAR is above the current price, consider a SELL order.
Apply a trailing stop to protect your profits.
Forex Profit System.mq4 4.93 kb, 10 downloads since 2023-11-21
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