Print
Pinterest
Gmail
Email App
Pinterest
Log in or register to download unlimited Forex robots!
AuslancoExpert Original Strategy 2 - Forex EA for Consistent Profits
Explore the power of the AuslancoExpert Original Strategy 2, a reliable expert advisor (EA) designed for optimal performance in the forex market. This Forex Robot operates seamlessly on various brokers, including LQDFX and FXOpen, ensuring versatility for traders. Enhance your trading experience with this EA, a proven tool for successful forex trading. Download the file 'auslancoexpert_original_strategy-2.mq4' now and elevate your trading strategies with this efficient Expert Advisor.
auslancoexpert_original2_strategy.mq4 9.42 kb, 34 downloads since 2015-04-28
Join the MT4talk Telegram channel: https://t.me/MT4talkchannel
Join the MT4talk Telegram group: https://t.me/+XcwLRi9oFOJhYjlk
Watch videos from the MT4talk YouTube channel.
https://www.youtube.com/@MT4talkForexForum/videos
Let's discuss the strategy it employs and provide some opinions on its potential:
1. Risk Management: One key aspect to highlight is the risk management features. It allows traders to manage their positions efficiently, whether it's through lot size customization, setting take profits, or implementing stop losses. Effective risk management is crucial in the Forex market, and this robot appears to offer some useful tools in this regard.
2. Trailing Stops: The inclusion of trailing stops can be a game-changer. Trailing stops are a dynamic way to secure profits while allowing room for your trades to potentially run further in your favor. It's an excellent feature for locking in gains during trending markets.
3. Time Frame Considerations: The robot seems to consider different time frames, particularly H4 and H1. This could be advantageous for traders who prefer to have a broader view of the market (H4) while making more precise entries on shorter time frames (H1).
4. QQE and Gann Hilo Signals: The strategy incorporates QQE (Quantitative Qualitative Estimation) and Gann Hilo indicators. These indicators can be useful for identifying potential entry and exit points. QQE is known for its ability to detect trend strength, while Gann Hilo can provide insights into trend direction.
5. Exit Strategies: One interesting feature is the use of QQE to exit trades. This implies that the robot aims to exit positions when there might be a change in trend direction, helping traders secure profits or cut losses.
6. Currency Pairs: The robot seems to cater to a variety of currency pairs, making it versatile for different trading preferences. The inclusion of a Magic Number helps distinguish trades on various pairs.
7. Adaptability: What's crucial to understand is that while this code offers a potentially robust strategy, its effectiveness ultimately depends on how traders configure and interpret it. The Forex market is dynamic, and it's essential to adapt strategies to changing market conditions.
In summary, the Forex robot presents a strategy that covers key aspects of trading, including risk management, trailing stops, and the use of technical indicators. Its adaptability to different currency pairs is a plus.
auslancoexpert_original2_strategy.mq4 9.42 kb, file has never been downloaded.
Profit posts by forum members!
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The Uploaded file does not come with support.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
Updates for the Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.