This profitable expert advisor trades the major pairs and Oil on the H1 and H4 charts.
The EA uses the Volatility Q. index technical indicator to find the best buy and sell trend in real-time.
According to the programmer, use this Forex robot on the major currency pairs and Oil (H1 and H4) for best performance.
This EA uses a trailing stop with trailing step set to 1.
It’s an awesome expert advisor that automatically opens buy and sell trades when all market conditions are fulfilled.
The robot made $3566.00 profit on the Brent Crude Oil 1-Hour chart from a $350 initial deposit.
Feel free to test the robot on any major currency pair of your preference (EUR/USD, GBP/USD, USD/JPY, …).
Default EA settings:
Lots: 0.1, stop loss: 60, take profit: open, maximum slippage: 3
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 MT4 strategy tester performance report for the MT4 expert advisor attached to the Oil 1-hour trading chart.
Strategy Tester Performance Highlights
The MT4 expert advisor made a total profit of $3566.00 ($350 initial deposit) from 17 trades during the initial testing period.
The largest winning trade generated $1828.00 in profit, while the largest losing trade lost -$442.00.
See the test results report above for all details.
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Lots, stop loss, take profit, trailing stop, trailing step, break even, trade at close bar, slippage, magic number.
More Info About This Expert Advisor
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: H1, H4
Indicator Type: trend
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.