The Burg’s Extrapolator Forex Robot for Metatrader 4 is an encompassing automated trading software that uses the Burg’s linear prediction in determining the movement of a chosen currency pair.
The expert advisor is based on finding the values of the linear functions of the past values.
The robot is designed to be able to forecast future prices in a precise manner.
For example, the Burg’s Extrapolator EA made $2150865.30 profit on the EURUSD 4-hourt chart from an initial deposit of $10000.
Feel free to tryout the robot on any major Forex pair of your preference (EUR/USD, GBP/USD, USD/JPY, …) along with cross pairs and exotics i.e. GBP/EUR, EUR/AUD, GBP/JPY, CHF/JPY, USD/TRY, USD/MXN, EUR/HUF, GBP/ZAR, AUD/MXN, USD/THB, etc.
Default EA settings:
Max Risk: 0.5, nt max: 5, min profit: 160, max loss: 130, take profit: 0, stop loss: 180, trailing stop: 10, past bars: 200, model order: 0.37, use mom: true, useroc: false
The default EA settings can be modified directly by editing the source code or changing the robot’s input values.
It’s highly recommended to test the expert advisor for MT4 on a demo account first before running it on a real Forex account.
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Strategy Tester Performance Report
Find below the strategy tester performance report for the Burg’s Extrapolator expert advisor attached to the EUR/USD 4-hour trading chart.
Strategy Tester Performance Highlights
The Burg’s Extrapolator Forex robot made a total profit of $2150865.30 ($10000 initial deposit) from 254 trades during the initial testing period.
The largest winning trade generated $314280.00 in profit, while the largest losing trade lost -$90000.00.
See the test results report above for all details.
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Adjustable Input Parameters
Max Risk, nt max, min profit, max loss, take profit, stop loss, trailing stop, past bars, model order, usemom, useroc
More Info About This Expert Advisor
Recommended Currency pairs: Any (majors, crosses, exotics)
Trading Platform: MT4
Time frames: M5-D1
Expert Advisor Type: Trend-following
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.