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Category Archives: Expert Advisors
AF Scalper expert Advisor-Scalping EA
December 12, 2017 Comments Off on AF Scalper expert Advisor-Scalping EA
AF Scalper expert Advisor-Scalping EA Expert Advisors Type Scalping Day Expert Advisors Must Online 24H*5 Days Expert Advisors Must Use VPS High Speed Internet Connection Minimum Deposit 1.000 USD ( 3 Pair, Lot Start 0,01 ) Time Frame H1 Laverage 1.400 – 1.500 Recomended Use ECN Brokers With Low Spread Recomended Pair EURUSD,GBPUSD,USDJPY,EURJPY,GBPJPY Download AF-Scalper.rar : asph.ex4 IceFX.NewsInfo . Read More »
Gegatrade Pro EA
June 23, 2017 Comments Off on Gegatrade Pro EA
Gegatrade Pro EA is a Cost Averaging System with a Sophisticated Algorithm Secured by a built-in “News WatchDog” that suspend trading during news events” The Sophisticated Algorithm of GEGATRADE PRO makes it unique. The trading logic is not static but constantly changing and adapting to the actual market conditions. As all traders know, “One News event” with high impact on the . Read More »
IceFX Trader Agent
May 25, 2017 Comments Off on IceFX Trader Agent
IceFX TraderAgent By // icefx.eu Quick Position Management The software can be used to manage position(s) easily. For example if you want to open or close a position, you can do it all with IceFX’s TraderAgent with only just one mouse click. Say goodbye to Metatrader’s Order Window! Risk-based lot calculation You can specify the maximum risk you want to . Read More »
Forex robot-Flex EA
April 24, 2017 Comments Off on Forex robot-Flex EA
Flex EA can be setup to trade just about any trading strategy imaginable. All 3 memberships will include all 12 different setting configurations that offer 12 unique trading strategies that you can plug and play at the click of a mouse. Flex EA uses a newly developed innovative technology involving “virtual trades”. Simply put, Flex will open virtual trades in . Read More »
wall street forex robot
May 3, 2016 Comments Off on wall street forex robot
Wall street forex robot By // wallstreet-forex.com ? WallStreet FOREX Robot was developed especially for the GBPUSD, EURUSD, and USDJPY currency pairs. ? WallStreet FOREX Robot is compatible with all MetaTrader 4 brokers, as well as with brokers using ECN-type order fulfilment. You do not need to change any settings. ? WallStreet FOREX Robot is entirely compatible with NFA-regulated brokers applying No Hedge and . Read More »
Forex hacked pro scalping EA
March 4, 2016 Comments Off on Forex hacked pro scalping EA
CASE STUDY: 10,000 pips in 23 weeks by Forex EA portfolio
September 8, 2017
This case study is a great example of what many Forex robots can do on one MetaTrader 4 account. And the best thing is that I do not have to do anything for this to happen. Once I created this automated trading system using Forex Robot Factory I just put it on a MetaTrader 4 account and it does the rest of the job.
Let me show you step by step how I am doing this.
Well, of course, I cannot keep it to myself that from time to time I log in to check how the account is doing and shut down Forex Robots that do not work. But I do that once a week or so and it takes just a few minutes of my time.
10,000 pips in 23 weeks using a portfolio of 14 Forex robots
I love automated trading because I can use an unlimited number of trading strategies at the same time with little extra effort. It does not require much of extra work to create 100 Forex robots instead of creating just one. I just need more time, to be exact, wait a bit more for expert advisors to be created for me.
Automated trading is really simple when you know how it’s done. In manual trading, you would not be able to follow and execute these 14 different strategies daily without a single mistake. That’s just not possible.
Just look at the picture above. These are results of one Forex EA portfolio that consist of 14 expert advisors.
These robots have been trading for 23 weeks now which is almost 6 months. Their results are quite astonishing. After I turned off a few of these robots that did not work I was able to maintain a collection of automated strategies that really work. During this time 10,000 pips were collected and that is quite a big achievement. Most of these Expert Advisors have a winning ratio of more than 60%, isn’t this great?
This is how 10,000 pips in 23 weeks look like.
How can anyone create Forex Robots like this?
I know it might sound silly to some, but trust me, the process of creating such Forex Robots is quite simple. I don’t say it happens overnight, but it is something anyone can do.
Stop wiring mql4 code and start creating Forex EAs that work using new technology!
Step 1: Find a big collection of Forex Robots using Forex EA generator
There’s a special software involved in the process of creating winning Forex Robots. The idea here is to try thousands and thousands of strategy variations and then chose only those who show good results when tested on historical prices. If EA shows good results during a backtest it gets added to the Collection.
Use Forex Expert Advisor generator to create a collection of 100 winning Forex Robots. This usually takes between several minutes to a few hours (depending on your criteria).
Details on how to create many Forex Robots are explained in this article: How to Create Trading Robots with Forex EA Generator
Step 2: Run between 10 to 100 Forex Robots on one MetaTrader 4 account
Don’t worry, it is completely normal to run so many Forex EAs on the same MT4. We usually have 50 when testing Forex bots before they are moved to live accounts. We call this incubation period.
Average computers these days can easily run at least one MT4 with 100 Forex robots.
Step 3: Monitor all Forex Robots and shut down the ones that do not work
We use MyMT4Book Analyzer app for MT4 to track the performance of all Expert Advisors running on the same MT4. The idea here is that each EA is using unique Magic Number which allows MyMT4Book group their trades to individual groups. This is how the performance of each robot can be calculated separately and displayed on the chart. Just like you see in the picture above.
Step 4: Move winning Forex Robots to live accounts and start making real money
After 3 – 6 months you will see a result of all Forex Robots and be able to identify which ones are working well. Move them to a live account and start making money.
Repeat these steps over and over again every month or every 3 months to create as many EA portfolios as possible. Keep moving the ones that work to your live account.
Yes, we do not know how long Forex Robots will work. But now we know they have been working for last 6 months and this gives us a good reason to believe they will work for much longer.
Of course, you never stop monitoring all Forex Robots that you have and shut down the ones that stop working. In their place, you will add new ones.
This is an ongoing process that should never stop if you want to profit from automated trading systems.
Think of military army at war. Every day soldiers get killed and in their place, new soldiers come.
Next step …
If you want to get similar Forex robots signup for our video course Forex Robot Academy and get access to the Forex Robot Factory tool and other awesome complimentary things you’ll need to reach such success.
Disclaimer: These results are not typical and you need to put in the work to achieve this. It does not happen if you are lazy and just want to earn money without doing anything.
What are Expert Advisors?
Expert Advisors (EA) are programmes that enable hands-free trading; i.e. automated trading on MetaTrader4. Each Expert Advisor is unique, and built to the individual user’s taste preferences. The possibility to use robots with analytical abilities in order to trade is a unique feature of the MT4 platform.
In order to start using an EA the user can choose one of two options; he can purchase one on the MetaTrader4 market, or he can choose to create his own. To produce the robot, each trader can develop, program and compile it on the MQL MetaEditor. Using past trading experience, traders can define which market conditions, based on various indicators and technical analysis elements, will result in trade opening, or will close positions.
Traders do not have to be master programmers or experienced traders to use EAs when trading. Free and paid Expert Advisors are available on the Internet as well as in the MetaTrader Market, where traders can also download a demo version of the desired EA and try it before buying or renting it.
See this video and learn how to search and find EAs in the MetaTrader market:
The MetaTrader Market presents the largest collection of free and paid Expert Advisors, Indicators, as well as trading and financial magazines and books. The Market enables various search options according to categories, offering all information regarding the products, including screenshots and user reviews.
It is possible to test all products on demo versions and preview first pages of all books and magazines before buying them. Products can be bought or rented for a period of up to one year, and each product can be activated on at least four devices, giving you the freedom to trade your own way.
When viewing the EAs list on the MT4 market, it is important to select carefully and not choose based sole on price, rental period or other factors. Many indicators may seem promising, but when they stand to test they may fail. Therefore, once choosing an EA to review the trader can check the next parameters that need to be defined – risk percent, market orders, spreads, hedging, define pips, target profit and many more.
Some advisors will have many categories and details, while others will only have a few. While occasionally it might be easier to use a “simple” one, it is important not to neglect all these important factors. To optimise the use of EAs, comparing a few is always better than simply selecting one at random.
Try Your Expert Advisors
Every EA, bought or developed, is different and built to be customised as per each trader’s needs. Therefore, it is important to test them before employing them on the trading account. The next video explains in details how to test EAs before using them, at no charge and no risk:
How to Upload Your Expert Advisors?
Once the Expert Advisor has been purchased or developed, properly tested and ready, it’s time to upload it to the trading platform and start enjoying its benefits. However, in order to avoid any mistakes, it is important to make sure the EA is correctly installed.
Step 1: Create folders
- After downloading or creating the Expert Advisor, remember the location of the saved files.
- Highlight to select the specific files which are needed to install and copy them.
- Paste the selected files into the MetaTrader4 folder, usually located in C:.
Step 2: Upload the EA to MT4
- Login to MetaTrader4.
- Go to “Navigation” and select “Expert Advisors”. Your EA can be found under the “+” sign.
- Drag the selected EA to the charts on the platform.
Step 3: Define EA’s settings
- Adjust the EA’s settings on the pop-up box as you wish.
- Once making sure all the settings are correct – click “Ok” and start trading.
Often traders choose to upload the EA onto a virtual private server (VPS), which allows more fluent trading. This video shows the right way to upload the EA to the platform:
Expert Advisors with AvaTrade
Alongside allowing the EAs to trade, it is still crucial to know and understand the market. Therefore it is always to the benefit of the trader to expand his knowledge, and trade with a broker who can supply the tools to achieve that. As a leading broker, AvaTrade caters to a large selection of educational materials, webinars, account managers and other services that will help you grasp a better knowledge of the market, hence allowing you to trade side-by-side with your Expert Advisor.