The Gun-Blaze Forex MT4 robot is an automated Forex software that uses a combination of multiple profitable trading strategies.
Regardless, it is a very simple system that combines indicators such as moving averages, Relative Strength Index, MACD, Stochastic, ATR and Parabolic SAR.
The Gun-Blaze expert advisor is a multi-system that gives traders ample leverage to take advantage of its parameters during trading.
In terms of strategy implementation, the Gun-Blaze automated trading software utilizes a moving average cross trend signal, RSI mid-50 breakout system, MACD divergence, Stochastic divergence technical, along with the Parabolic SAR early detection signal strategy.
The Gun-Blaze Forex trading robot is designed to effectively trade the market round-the-clock for consistent profits.
It works with both 4 digit and 5 digit Forex brokers.
The EA made $2157162.27 profit on the EUR/USD pair 1-Hour chart from an initial deposit of $100000.
Feel free to tryout the robot on any major Forex pair of your preference (EUR/USD, GBP/USD, USD/JPY, …) along with exotic pairs like EURZAR, EURHUF, NZDCHF, SGDJPY, etc.
Default EA settings:
MA_Cross: Select 1 if you do want to use, ma_cross2: moving average cross trend signal, ma_cross3: ma mode: 1 to 5, use_ma: 1, use_mode: 5, ma1_period: 5, ma2_period: 13, ma3_period: 62, crossbuffer 1: 14, crossbuffer 2: 14, ma_cross 4: (sma=0,ema=1,smma=2,lvma=3), ma1_methods: 1, ma2_method: 1, ma3_method: 1, ma1_price: 0, ma2_price: 0, ma3_price: 0, ma1_shift: 0, ma2_shift: 0, ma3_shift: 0, rsi_des: select 1 if you do want to use RSI to check the trend signal buy op for overbought, use_rsi: 1, rsi period: 21, rsi_des2: select rsi mode:1-4, rsi_des3: 1 for overbought/oversold -2 for rsi trend 3-both 1&2 4-for rsi at the zone,….
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 Gun-Blaze expert advisor on a practice account first before going live.
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Strategy Tester Performance Report
Find below the strategy tester performance report for the Gun-Blaze Forex expert advisor attached to the EUR/USD 1-hour trading chart.
Strategy Tester Performance Highlights
The Gun-Blaze expert advisor made a total profit of $2157162.27 ($100000 initial deposit) from 56 trades during the initial testing period.
The largest winning trade generated $422527.01 in profit, while the largest losing trade lost -$283293.72.
See the test results report above for all details.
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MA_Cross, ma_cross 2, ma_cross 3, use_ma, use_mode, ma1_period, ma2_period, ma3_period, crossbuffer 1, crossbuffer 2, ma_cross 4, ma1_methods, ma2_method, ma3_method, ma1_price, ma2_price, ma3_price, ma1_shift, ma2_shift, ma3_shift, rsi_des, use_rsi, rsi period, rsi_des2, rsi_des3,…
More Info About This Expert Advisor
Recommended Currency pairs: Majors, Minors & Exotics
Trading Platform: Metatrader 4
Time frames: M1 – D1
Expert Advisor Type: scalping and day trading
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.