Forex4Trader Fx Trading Tools
Since 2013, the forex advisor with the crazy name Crazy Lock has been actively discussed on many sites. The idea of the robot came to the author when he thought about how to make money on any movement of the market, in whatever direction it moves. The strategy of blocking martingale (or Swing, Swing) was taken as a basis. Now we want to introduce you to a modified and more functional version of this robot.
The bottom line is as follows.
1. We trade only during the hours of the active phase of the market, so as not to get into a protracted flat and not collect many orders. We also recommend disabling the advisor on holidays in Europe and America, when the market is likely to be not very active, it is also better not to trade during Non Farm paroles (US employment data release. Release date: Friday following the first Wednesday months), the market may be unpredictable, the Forex advisor may simply not have time to correctly place orders.
2. To run a strategy in a given period of time, we start looking at the ATR indicator, which shows the average volatility. As soon as the indicator goes up, we will enter the market in the direction of the signal candle.
3. For the first order, we set a profit of 10 pips and immediately place an opposite order at a distance of 20 pips from the first order with an increased lot by 2.2 times.
4. If the market does not go in the direction of the first order, but opens an opposite order, then we set the take-profit of the second order at a distance of 30 points. We also place the stop of the first order there. Thus, if we close two trades at the same time, we will get a positive trading result.
5. If the market catches the second order, immediately place another opposite one, also increasing the lot by 2.2. And so on ad infinitum, until the market reaches a profit. In practice, more than 9 orders are not required, the market starts to move somewhere and allows you to close the profit in total for all orders.
6. In addition to the first order channel, we can open additional channels. As soon as we have opened the first order at a distance of 10 pips from it, we place a pending order to launch another channel next to the already open one. We open it at a distance so that the channels do not match.
Thus, we make a profit in any scenario, in whatever direction the price goes, we turn over and take the profit. The main thing is that the price does not move for a long time in a small channel of 35-55 points. And this is unlikely given the current market dynamics. The main thing is to look at the economic calendar in time and turn off the advisor on holidays and when there is no news on the European and American markets. Well, if there is news, then, most likely, they will move the market somewhere.
What is in this version that is not in the one that has already been distributed on the Internet?
1. Now you can turn off the filter by trading time and start the robot for round-the-clock trading.
2. You can choose several strategies to start early in the day.
3. The parameters of the ATR indicator are displayed in external settings.
Description of the EA parameters.
Continuation Order Type – sets the type of order to continue trading
First TakeProfit – the size of the first TakeProfit
Channel size and second TakeProfit – the size of the channel and the second TakeProfit
Distance to the next channels – distance to the next channel
MM (% from balance) – money management (percentage of the first order from the deposit)
Lot – the size of the initial lot (0 – calculated from based on the balance and MM)
Max. number of channel orders – maximum number of orders in the channel
MagicNumber – unique number of the advisor
Enable trading time – enable trading by time
GMT broker – broker time
Trading start time – trading start time
Trading end time – trading end time
Start strategy – starting strategy
Timeframe – indicator timeframe
Selected direction – select the opening direction (with Start strategy = Selected direction)
ATR period – period of the ATR indicator
ATR power-on level – ATR level for starting the advisor
Currency pairs: EURUSD
Timeframe: Doesn’t matter
Trading time: European session, at the American one finalizing the opened deals
Recommended deposit: 1,000
$10.00
2. We make no warranty of:
.Win/Lose
.Repaint/not
.Simple/Complicated method
.Bug Free (because we are not the vendor, so we carry no liability/responsibity of any items
.All statements regarding the product are Vendor promises, not us…
.We shall not be held responsible of results caused by any item from our site.
3. NO share/reselling.
If we found out, we will ban your account and your IP without notice.
You will not get any updates of any item you buy.
4. No support and we do not promise any update.
5. Don’t dispute, if there any issue you should contact us nicely to resolve any Issue
All systems work as the developers designed them to work. But we are only vendors so we are not responsible for the performance or claims of the developers of these systems and we don’t provide money back guarantee or support with these products. Please do your due diligence so you know what you are purchasing, there are dozens of good forums and review sites on the internet that you can get unbiased info from? Also as some of the products were created to run on old MT4 versions only (v594 or below), while others will run on the new MT4 versions (v600 or above), it is your responsibility to choose the right system for your MT4 version. We are not responsible if you haven’t made your background check on the product and purchased something that is not compatible with your platform. Again: please do your due diligence so you know what you are purchasing, there are dozens of good forums and review sites on the internet that you can get unbiased info from.
THOSE SHOWN PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS ARE YOUR OWN RESPONSIBILITY. BY USING OUR PRODUCTS ON A LIVE ACCOUNT WITH REAL MONEY THE USER AGREES TO NOT HOLD THE PRODUCT DEVELOPER LIABLE FOR ANY TRADING DECISIONS MADE BY THE USER. THE DEVELOPER OF OUR PRODUCTS WILL NOT BE HELD LIABLE FOR ANY REAL MONEY LOSSES INCURRED THROUGH USE OF OUR PRODUCTS.
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