FarhadCrab62 Forex EA - Expert Advisor for Reliable Trading

Explore the power of FarhadCrab62.mq4, a versatile Forex robot designed to enhance your trading experience. This expert advisor (EA) is meticulously crafted to deliver consistent results, providing a robust solution for traders seeking automated strategies. Tested on brokers like LQDFX and FXOpen, it seamlessly adapts to various trading environments. Elevate your trading with FarhadCrab62 – your trusted companion in the dynamic world of Forex.

To check only the profit (or loss) made out of certain groups of trades, then use "Check profit (unrealized)". Those Bucket blocks are yet another way to do the same.

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Meet FarhadCrab62 EA, Your Ultimate Trading Sidekick!

FarhadCrab62 EA uses various indicators and conditions to decide when to buy or sell currency pairs. It aims to identify potential profit opportunities and minimize losses. The EA also incorporates features like trailing stops and risk management.

Set It Up Easily:

Download the "FarhadCrab62.mq4" file.
Open your MT4 platform.
Go to "File" -> "Open Data Folder."
Locate the "MQL4" folder, then "Experts."
Place the "FarhadCrab62.mq4" file into the "Experts" folder.
Restart your MT4 platform.

Adjustable Parameters:

maxLoss (Maximum Loss in Percent): This parameter sets the maximum loss you're willing to tolerate as a percentage of your trading account balance. If losses exceed this threshold, the EA may close positions.
maxYield (Maximum Yield): A number between 0 to 100 (not more than 10 is recommended). It determines the maximum yield you aim to achieve. When this target is reached, the EA may close positions.
lTakeProfit (Long Take Profit): This sets the take profit level for long (buy) positions in pips.
sTakeProfit (Short Take Profit): Similar to the long take profit, this parameter sets the take profit level for short (sell) positions in pips.
takeProfit (Take Profit): Another take profit parameter, generally applied to all positions regardless of direction.
pr (Take Profit in Sideway Markets): This sets the take profit level specifically for sideways market conditions in pips.
stopLoss (Stop Loss): If set (not recommended in the code), it defines the stop loss level for positions in pips.
magicEA (Magic EA Identifier): An identifier allowing multiple EAs with different input values to coexist on your platform.
lTrailingStop (Long Trailing Stop): This parameter determines the trailing stop level for long positions in pips.
sTrailingStop (Short Trailing Stop): Similar to the long trailing stop, this parameter sets the trailing stop level for short positions in pips.
clOpenBuy (Open Buy Color): The color used to distinguish open buy positions on your chart.
clCloseBuy (Close Buy Color): The color used to distinguish closed buy positions.
clOpenSell (Open Sell Color): The color used to distinguish open sell positions.
clCloseSell (Close Sell Color): The color used to distinguish closed sell positions.
clModiBuy (Modify Buy Color): The color used for modifying open buy positions.
clModiSell (Modify Sell Color): The color used for modifying open sell positions.
Slippage (Slippage): This parameter defines the acceptable slippage in pips when executing orders.
nameEA (EA Name): A custom name for the EA to help you identify it among others on your platform.

Here are the settings for each adjustable parameter with the winning strategy:

Currency Pair: EURUSD
Minimum Balance: Adjust based on your risk tolerance.
Time Frame: 1 Minute

maxLoss (Maximum Loss in Percent): 100
maxYield (Maximum Yield): 0.1
lTakeProfit (Long Take Profit): 300 pips
sTakeProfit (Short Take Profit): 300 pips
takeProfit (Take Profit): 300 pips
pr (Take Profit in Sideway Markets): 300 pips
stopLoss (Stop Loss): 0 (Note: Not recommended, set to 0 for this strategy)
magicEA (Magic EA Identifier): 124
lTrailingStop (Long Trailing Stop): 15 pips
sTrailingStop (Short Trailing Stop): 15 pips
clOpenBuy (Open Buy Color): Blue
clCloseBuy (Close Buy Color): Aqua
clOpenSell (Open Sell Color): Red
clCloseSell (Close Sell Color): Violet
clModiBuy (Modify Buy Color): Blue
clModiSell (Modify Sell Color): Red
Slippage (Slippage): 3 pips
nameEA (EA Name): "FarhadCrab62.mq4"

These settings are optimized for the EURUSD currency pair with a 1-minute time frame. Adjust your minimum balance according to your risk appetite, and you'll be all set to implement this winning strategy with the EA.

FarhadCrab62 is your trading companion, automating trades with ease. It analyzes market conditions and manages risk for you. Just set it up, choose your settings wisely, and let it work its magic!

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