The YTG Parabolic Forex Robot is an expert advisor, written for MT4 that focuses on delivering automated trade management by catching the beginning of trends in currency pairs.
The trading robot is essentially designed to time perfect trade entries and exits based on its strategy rules.
It is a simple EA to use, as it is just plug and trade.
The EA performs best when the market is in a steady trend.
The YTG Parabolic EA made $44968.00 profit on the EURUSD pair 4-Hour chart from an initial deposit of $50000.
Feel free to test the expert advisor on any currency pair of your preference.
Default EA settings:
Time frame: 240, step: 0.009, maximum: 0.2, stop loss: 500, take profit: 500, lots: 0.1, magic number: 28081975, slippage: 30, number of try: 5
The default EA settings can be modified directly by editing the source code or changing the Forex robot’s input values.
It’s highly recommended to test the expert advisor for Metatrader 4 on a practice account first before running it on a live account.
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Strategy Tester Performance Report
Find below the strategy tester performance report for the YTG Parabolic expert advisor attached to the EURUSD 4-Hour trading chart.
Strategy Tester Performance Highlights
The YTG Parabolic robot made a total profit of $44968.00 ($50000 initial deposit) from 18 trades during the initial testing period.
The largest winning trade generated $20000.00 in profit, while the largest losing trade lost -$1000.00.
See the test results report above for all details.
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Time frame, step, maximum, stop loss, take profit, lots, magic number, slippage, number of try.
More Info About This Expert Advisor
Recommended Currency pairs: Majors, Minors & Exotics
Trading Platform: MT4
Time frames: M5-D1
Expert Advisor Type: Trend
Copy and paste the expert advisor in the Metatrader 4 platform experts data folder.
Then restart the MT4 terminal and attach it to any chart.