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UsdChf_new.mq4 - Powerful Forex Robot Expert Advisor (EA)
Unlock the potential of your trading with UsdChf_new.mq4, a cutting-edge Expert Advisor (EA) designed for the dynamic Forex market. This Forex Robot is meticulously crafted to optimize trading on any broker platform, delivering consistent results. Elevate your trading experience with the precision and efficiency of UsdChf_new.mq4, your key to mastering the Forex market.
image backtest
UsdChf_new.mq4 4.95 kb, 41 downloads since 2015-01-13
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UsdChf_new.mq4
This EA works on the H4 time frame and uses the Commodity Channel Index (CCI) indicator to identify potential trading opportunities. When the CCI crosses certain levels, Probe EA places pending buy and sell orders with specified stop-loss and take-profit levels.
How this EA works:
The EA checks the CCI values on the H4 timeframe.
When it spots a CCI crossover, it places buy or sell stop orders with a predefined deviation from the current market price.
You can customize the EA's settings to fit your trading style, including the CCI period and various stop order parameters.
The EA also offers features like trailing stops and break-even functionality to protect your profits.
How to Set it UP:
Download the UsdChf_new.mq4 file.
Open your MetaTrader 4 platform.
Click on "File" and select "Open Data Folder."
Open the "MQL4" folder and then the "Experts" folder.
Copy the UsdChf_new.mq4 file into the "Experts" folder.
Restart your MT4 platform.
To use the EA, drag and drop it onto a chart, adjust the settings, and enable automated trading.
Adjustable Parameters:
Zazor: Set the distance for placing buy/sell stop orders.
StopLoss: Define the stop-loss level for your trades.
Kanal: Specify the CCI level for identifying buy/sell signals.
periodinduka: Set the period for CCI calculation.
UdalOrdotl: Determine the distance to delete pending orders if not triggered.
TrailingStop: Enable trailing stop to lock in profits.
UrBezubitka: Set a distance for modifying stop-loss levels.
Suggested Optimal Settings for EA:
Currency Pair: EUR/USD
Minimal Balance: $1,000
Time Frame: H4
Strategy Settings:
Zazor: 30
StopLoss: 95
Kanal: 120
periodinduka: 73
UdalOrdotl: 30
TrailingStop: 110
UrBezubitka: 60
But feel free to experiment with other currency pairs and timeframes to find your sweet spot.
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