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(Forum Admin) I'm earning profit every day with this Forex robot!
Hello, I'm the MT4talk forum Admin and using this new All Currency Scalper EA v16.2 and I'm earning a lot of profit with this Forex robot!
This Forex robot only working on FXOpen broker and will NOT work on other brokers!
Because of the very special strategy built for FXOpen conditions, this robot only works on an FXOpen STP account, with leverage of 1:500!
IMPORTANT! Use the below button to open an FXOpen wallet to get leverage up to 500!
WARNING! If you are not using the below button to open a new FXOpen wallet, then you may not get leverage up to 500!
NOTE! This All Currency Scalper EA uses up to 21 currency pairs and opens several trades with each currency pair! Using this robot on a demo account is not accurate, because the demo Forex account is limited to a maximum of 20 trades!
IMPORTANT Information!
- You may need a fast Forex VPS! https://mt4talk.com/viewtopic.php?id=24859
- Install the Forex robot! https://mt4talk.com/viewtopic.php?id=24507
- This robot only works in FXOpen MetaTrader 4 platform!
- Open an FXOpen STP account, leverage 1:500!
- Add the robot to only 1 chart (any chart, any time frame) the robot will trade automatically with all 21 pairs!
- Add the setting files to the robot! https://mt4talk.com/viewtopic.php?id=24911
- Make sure to allow DLL and allow live trading! https://mt4talk.com/viewtopic.php?id=24569
- This robot cannot be used in a strategy tester because this robot is built to trade with multi-currency pairs (up to 21 pairs)!
All Currency Scalper EA Settings Tutorial! (build your own setting - set up your own strategy)
- Working hours settings: https://mt4talk.com/viewtopic.php?pid=62190#p62190
- Margin call settings: https://mt4talk.com/viewtopic.php?pid=62191#p62191
- News Alert: https://mt4talk.com/viewtopic.php?pid=62207#p62207
- Signal settings: https://mt4talk.com/viewtopic.php?pid=62192#p62192
- Positive martingale setting: https://mt4talk.com/viewtopic.php?pid=62193#p62193
- Hedging Setting: https://mt4talk.com/viewtopic.php?pid=62194#p62194
- Add new orders by signal: https://mt4talk.com/viewtopic.php?pid=62195#p62195
- Add order if current one in profit: https://mt4talk.com/viewtopic.php?pid=62196#p62196
- Lot Size Management: https://mt4talk.com/viewtopic.php?pid=62197#p62197
- Goal Profit Managements: https://mt4talk.com/viewtopic.php?pid=62198#p62198
- Single Take Profit Settings: https://mt4talk.com/viewtopic.php?pid=62199#p62199
- Big Loss Clean Setting: https://mt4talk.com/viewtopic.php?pid=62200#p62200
- Multi loss clean Settings: https://mt4talk.com/viewtopic.php?pid=62201#p62201
- SL - Stop Loss Settings https://mt4talk.com/viewtopic.php?pid=62206#p62206
- Partial Average Lot Size Target Profit: https://mt4talk.com/viewtopic.php?pid=62208#p62208
- Button Close All: https://mt4talk.com/viewtopic.php?pid=62202#p62202
To use this EA and setting file, you must have a super-fast 24/7 Forex VPS!
A reason that you need a Forex VPS is that you must have your computer and your FXOpen terminal turned on all the time! If you install a MetaTrader 4 on a Forex VPS, your terminal is online and works 24/7.
With myRDP you can easily and securely access your Forex VPS server from your browser.
Minimum Deposit $200 - FXOpen STP Account - Leverage 500 (Double your trading account up to 4 times per Day).set 22.71 kb, 96 downloads since 2022-03-08
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Thanked for the post: cricketfan, dbruno, andre almeida, Captur Image, ezfyp, epifreak
Working hours settings,
In this setting, you can filter trading hours.
If you want to trade only at a specific time then you can set starting hours and ending hours.
Please note that the setting calculates FXOpen server time.
Thanked for the post: Koehi
Margin call settings.
This is an equity control setting.
For example, If you set the equity 50%, then trading account equity goes lower than 50% then the EA will not open trades until the equity gets higher than 50%.
Signal settings.
In This setting section, you can find several settings
- Trading pairs at the same time.
With these settings, you can set how many currency pairs can trade at one time. While all signals can work at the same time if you set it for 5 then the EA maximum opens 5 different currency pairs at one time. If any of the currency pairs closed then the EA opens another pair by signal. The signal works on a first come first basis.
- STOP TRADING. Don't open new orders.
If you wish to stop the EA and wait for all open trade to close you can set this setting to True.
If the use reverse signal set for False then the EA will open buy trade on buy signal.
If the use reverse signals the signal set for True then the EA will open a sell order on a buy signal and a buy order on a sell signal.
- True/False signal setting.
If you want to trade with EUR used only then you must enable EURUSD by clicking on the True/False setting and set for True.
You can turn signals ON or OFF one by one for every currency pair.
If other currency pairs are set for False then the EA will not open trades with other pairs.
Other signal settings.
The EA opens a Buy and Sell hidden pending order by pips distance. The pending order is hidden so the broker can't see your pending orders.
You can set the pip distance or you can use average spread as a pip distance.
You can also multiply the average spreads pip distance if you want to use a higher distance. If you set the multiply option to 3 then the EA will automatically use 3x average pip distance for the current pair. You can set this to any number.
- Number of identical signals in a row to enter.
- CloseSignalAfrerSeonds
With these settings, you can set repeated signals to enter to trade.
For example: if you set the pip distance to 1, the ClosePendingSignalAfterSecond to 1, and the identical signal to 15, the ea only will open a trade if the price moves a minimum of 1 pip every second 15 times into one direction.
The CloseSignalAfterSecond helps to get a more accurate signal, you can set to close pending orders every selected second or every 5 seconds or whatever you want. (60 = 1 minute)
If you set the ClosePendingSignalAfterSecond for 1 then the EA will close the Buy and Sell hidden pending order every 1 second and open new pending orders right away. This way the EA will only enter into a trade if the currency price starts moving very high.
Why the pending orders are hidden? Because this way the broker doesn't know what you are up to.
Use martingale!
We added the martingale setting to each pair in the signal section because this way you can set martingale options for each pair separately.
- Use martingale True/False
To turn martingale on set to True.
- Martingale steps (pips)
Set pip distance when to open martingale trade.
- Martingale ratio.
If you want double when trade losing then set the motion for 2. if you want to triple Tarde sizes then set to 3.
- Number of martingale levels(number of levels)
Here you can set the maximum of martingale levels.
Positive martingale setting.
- Use positive martingale.
With this setting, you can turn on the positive martingale option.
- Positive martingale steps.
With this setting, you can set up to 15 positive martingale steps with pip distance when to open the next positive martingale.
Example: If you set the positive martingale pips to 25 then the EA will open another trade when your trade goes to profit by 25 pips.
- Positive martingale ratio.
With this setting, you can set the ratio of the positive martingale trades.
Example: If you et for 2 then the ea will open double size of trades, if yous et for 3 then the EA will open triple size of trades.
- Positive Number of martingale levels (number of levels)
With this setting, you can set the maximum levels of the martingale levels.
- BuySell Separate Levels.
If the BuySell Separate Level is set to true, then the EA will open positive martingale to each direction when the price goes to profit.
Example:
Buy: 0.01
Buy: 0.02
Buy: 0.04
Buy 0.08
Buy: 0.16
If the price direction is turned back to another direction then opens as follows.
Sell: 0.01
Sell: 0.02
Sell: 0.04
Sell: 0.08
Sell: 0.16
If the BuySell Separate level is set to False then if the price change and the price moves back by selected pips, then open a positive martingale to any direction.
Example:
Buy: 0.01
Sell: 0.02
Buy: 0.04
Sell 0.08
Buy: 0.16
Sell: 0.32
Sell: 0.64
Sell: 1.28
- use LimitedLots.
With this setting, you can limit the maximum lot size for Positive martingale.
Example: If level set to 10 and Limited lot size set to1.25 you will see the following lots.
Buy: 0.01
Buy: 0.02
Buy: 0.04
Buy 0.08
Buy: 0.16
Buy: 0.32
Buy: 0.64
Buy: 1.25
Buy: 1.25
Buy: 1.25
Or:
Buy: 0.01
Sell: 0.02
Buy: 0.04
Sell 0.08
Buy: 0.16
Sell: 0.32
Sell: 0.64
Sell: 1.25
Sell: 1.25
Sell: 1.25
- Aggressive Algo
If the last order was buy then if the price drops then open sell martingale if the price will grow then open a buy martingale.
Thanked for the post: jesse61
Hedging Setting
- Always Open Opposite Order for single trade per currency.
If this setting is set for True and there is an open Buy EURUSD trade then the EA will automatically open a Sell EURUSD order.
- Use hedges on all first trades.
If this setting is set to True and an EA gets a buy signal then it opens a Buy order and also Sell order as well with the same lot size. If the EA gets a Sells signal then it opens a sell order and also a Buy order with the same lot size.
- Use hedge trade if next trade or losing.
This setting works together with a Single Take Profit setting and the Add order if the current one in profit setting.
Add new orders by signal.
- Allow more first order by signal:
If this setting is set for True then the EA opens more trades by the signal.
- Allow first orders up to counts:
Example: If this is set for 5 then a maximum of 5 trades can be open by signal per each currency pair.
- Minimum pip distance between first orders (same pair).
If this is set for 50 then it must be 50 pips different between each first order.
Add order if current one in profit.
- USE Profit to Open New Pos.
If this setting is set for True then if a trade goes to profit then the EA opens one more trade with the same lot size.
- Profit To Open New Pos.
This is a pip value for opening another trade if signage trade is in profit.
Example: If the trade is in profit by 160 pips the EA will open another trade with the same lot size.
You can set this value to any number.
Lot Size Management.
- Use AutoLot(false=Default LotSize)
With this setting, you can turn on automatic lot size. If it's set to False it will use the default lot size.
- Default LotSize.
If the Use AutoLot(false=Default LotSize) is set to false, then the EA will sie this lot size with every trade.
- $$ of balance to open base Lot Size.
Example: If this setting is set for 150 and the Base Lot Size set for 0.01, then the EA will open a 0.01 lot size on every $150 balance. If your balance grows to $300 then the EA will automatically open a 0.02 lot size on every trade.
- Base lot size.
See above explanation
PROFIT MANAGEMENT.
- ProfitGoal $$ per base Lot Size.
This is a very simple setting.
Example: If the Profit $$ per base Lot Size is set for 0.5 then the EA will close all trade if the rotal column reaches $0.5 / base lot. In this case, if the base lot is 0.5 and if the total lot number is 2 lots then the EA will close with a $100 profit.
Another Example: If the Base Lot For Goal Profit is set to 0.01 and a total lot number is 2 lots then the EA will close all trade if the total column reaches $2.
You can set this for any amount.
0.01= 1 cent.
0.05 = 5 cent
0.1 = 10 cent
0.5 = 50 cent
1 = $1
Set up multi ProfitGoals.
If the total column goes to positive but does not reach the first goal profit seating, then the EA will try to close with a second GoalProft setting. And so on...
- Minimum number of open trades.
With this setting, you can set how many trades must be open before you activate the GoalProfit.
- Base Lot Size For Goal Profit
Please see the above explanations.
- Money Trailing Stop Setting.
This is the trailing stop setting for the above PROFIT MANAGEMENT.
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