The F1-Strike Forex Robot is an expert advisor that uses moving averages to predict future price action.
It is a trend seeking fully automated robot that also utilizes trend lines during its decision-making.
The F1-Strike expert advisor identifies signals of whether an FX pair will trend higher or lower, based on the position of the moving averages.
The robot uses an algorithm that combines trend lines and two moving averages of periods 2 and 35.
The interaction of the F1-Strike expert advisor with price yields a stream of actions that triggers the opening, closing and managing of positions.
The EA made $4482.40 profit on the EUR/USD pair 4-hour chart from an initial deposit of $10000.
That’s a 44% return!
Feel free to tryout the robot on any major Forex pair of your preference (EUR/USD, GBP/USD, USD/JPY, …) along with minors like the EUR/GBP, EUR/AUD, GBP/JPY, CHF/JPY, NZD/JPY, GBP/CAD, etc.
Default EA settings:
MA Period_1; 7, MA method_1; 0, MA price_1; 2, MA period_2; 5, MA method_2; 0, MA price_2; 3, prof; 25.0, tp; 50, sl; 550, use mm; false, percent mm; 2.0, lots; 0.1.
The default EA settings can be modified directly by editing the source code or changing the Forex robot’s input values.
It’s highly advised to test the expert advisor on a practice account first before going live with it.
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Strategy Tester Performance Report
Find below the strategy tester performance report for the F1-Strike Forex Robot attached to the EUR/USD 4-hour trading chart.
Strategy Tester Performance Highlights
The F1-Strike expert advisor made a total profit of $4482.40 ($10000 initial deposit) from 45 trades during the initial testing period.
The largest winning trade generated $2989.20 in profit, while the largest losing trade lost -$311.60.
See the test results report above for all details.
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Magic Number; 10001, lots; 0.1, Stop loss; 50.0, take profit; 150.0, trailing stop; 50, slippage; 3.
More Info About This Expert Advisor
Recommended Currency pairs: Majors & Minors
Trading Platform: MT4
Time frames: M30 – H4
Expert Advisor Type: Intraday & Swing
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.