Forex Tramp EA Robot 2022 – Multi-Currency With Soft Martingale
One of our recent releases, the multi-currency Forex trading advisor Forex Tramp for the Meta Trader 4 platform, is being brought back to your attention.
Since the beginning of 2013, the adviser has been trading on our real accounts, generating consistent profits and, most importantly, posing no risk to the deposit.
- Version : 4.0.0
- Advisor Category: Trend, Soft Martingale
- FX Currency pairs: EU, GU, AU, NU, UJ, EJ, GOLD
- Fx Market Timeframe: any (results do not depend on the timeframe) I put on H1
- Hours: around the clock
Pending orders are a good way to enter the market.
Deposit requirements :
starting at $ 1000 on dollar accounts with a 0.01 lot minimum
Accounts with a minimum lot size of 0.1 dollar
from $ ten cent accounts with a 0.01 lot minimum
Advisor Strategy:
The Forex Tramp adviser’s trading strategy belongs to the breakdown strategy category, which generates signals to enter the market when the price crosses the trading range’s border in the direction of price movement.Breakout trading is, in general, one of the most popular and widely used Forex trading strategies.
Unfortunately, traditional strategies of this nature, which were developed many years ago and once yielded enviable results in real Forex trading, do not apply to the current market. As a result, we had to significantly modify and supplement the existing breakdown strategies in order to create an algorithm suitable for fully automated trading.
The following are the main issues that arise during trading:
How do you figure out the price range?
What should you do if you have a false breakdown?
A digital filter was used to determine the price range in the Forex Tramp advisor.The adviser does not use Meta Trader terminal quotes on any time frames, which is a feature of this approach.The price from the broker is directly filtered by the advisor in the form of ticks. As a result, the trading results are independent of the time frame to which the adviser is attached.
Sets pending orders at the upper and lower borders of the buy and sell stops. Stop-loss and take-profit levels are included in all trading orders opened by the adviser. Within the market, there can only be one trading order at any given time.The order is closed at stop loss in the event of a false breakdown, resulting in a loss.To make up for this loss, the EA increases the quantity of subsequent orders, or employs martingale strategy. Unlike many martingale trading systems, we do not rely on luck in our strategy for increasing order volume.We know the price will break out of the range sooner or later, and it makes no difference to us which way the price breaks out in our strategy.In the event of a failure, one of the open orders will work and close at a profit.
You should use various settings specifically optimized for this tool when using the EA on different currency pairs.The adviser includes suggested settings for a variety of currency pairs.You can create your own settings for other couples.
Advisor settings:
- SETname : Gives a group of settings a name.If you set S ETname = My Dream Set, for example, the advisor information panel will display “My Dream Set.”As a result, you can see what tinctures this copy of the adviser works with right away.
- Flag_ Stop : (TRUE / FALSE): If this flag is set, the EA will not place a replacement order after the current one is closed.To put a stop to the adviser.
- Filter : The worth range is determined using a digital filter step.
- SL fact : Filter unit stop loss orders
- Take Profit_Martin : When using martingale, it adjusts the profit increase of each subsequent order.
- Indent : a pending order from the range border indent
- LotSize : base lot value
- Auto MM (TRUE / FALSE ) : When Auto MM is enabled, the account balance and the Auto MM Equity parameter are used to recalculate the base lot of the Lot Size pyramid.The base lot of the pyramid will be automatically doubled with a balance of 20,000 and Auto MM Equity = 10,000.The base lot will increase in proportion to the increase in account balance as a result of trading for every 1/10 of Auto MM Equity.
- Auto MM Equity : Auto MM parameter .
- Magic : Magic (a unique number by which the adviser identifies its orders).
- Verbose ( TRUE / FALSE): Enables logging of a progress report.