Theorem Expert Advisor analyzes the market and automatically determines entry levels based on detected price fluctuations during quiet periods.
The direction of trade is determined by the intelligent adaptive system of the adviser. The most powerful part of Theorem EA is the Smart Auto-Close feature, which was developed based on years of market experience. The function monitors breakdowns of TP / SL open transactions and automatically closes them in accordance with market conditions, which means that TP / SL levels are dynamic, not static.
The cost of the grail on the developer’s website is $ 500 , but at the end of the article you can download the robot without reference to the account.
In addition to this unique feature, the EA also has a static stop loss, which is an additional measure of protection for the SmartClose function.
Thanks to the unique intelligent method of transaction support, the adviser allows you to minimize drawdown and trade with a minimum deposit of $ 50.
For ease of use, the EA contains a minimum number of input parameters.
MagicNumber – Trades ID
Trade Comment – A comment for each trade
MaxSlippage – maximum allowed price slippage
MaxSpread – Maximum spread to allow trades
AggressiveMode – False “the smartclose will close loosing trades as extra precaution”
True “Smartclose feature will close winning trades” defined as Aggressive mode
Enable_Buy – Enable long trades
Algo1 – Algorithm 1 for long direction
Filter1 – Filter used to allow long trades
Enable_Sell – Enable short trades
Algo2 – Algorithm 2 for short direction
Filter2 – Filter 2 used to allow short trades
MoneyManagement – Use money management or fixed lot size BalancePercentage – Risk percentage of your balance when using Money Management
FixedLotSize – Use fixed lot size
TakeProfitBuy – Take profit for Long trades
StopLossBuy – Stop loss for long direction
TakeProfitSell – Take profit for short trades
StopLossSell – Stop loss for short direction
TrailingStart – Trailing distance
TrailingStep – Trailing step
SmartAutoClose_Buy – Enables the smart AutoClose “Unique feature” for long trades
Algo3 – Algorithm 3 used for smart autoclose
Filter3 – Filter 3 used for smart autoclose
SmartAutoClose_Sell – Enables the smart AutoClose “Unique feature” for short trades
Algo4 – Algorithm 4 used for smart autoclose
Filter4 – Filter 4 used for smart autoclose
AutoGmt – computer time should be GMT UTC for this to work properly
ManualGmtOffset – Set the GMTOffset of your broker manually if AutoGMT is not used
StartHour – Time to start trading
StartMinute – Minute to start trading
StopHour – Hour to stop trading
StopMinute – Minute to stop trading
EnableGui – Show information on chart
The default settings are selected for the pair EURCHF M5
Sets for other currency pairs (EURUSD, GBPUSD, EUTRCHF) from the author are in the archive with the adviser
SET files use +2 GMT, which is used by most brokers.
Please check your broker GmtOffset if +2
Theorem Expert Advisor works best with a spread of 30 points (3 pips) or lower on the M5 chart
HOWEVER, if your broker has a high spread, you can increase the spread limit in the settings (not recommended).
We recommend for the correct trading of trusted brokers XM, Forex4YOU , EXNESS with a low spread
The Expert Advisor has a News WatchDog filter and Past News events are inserted into the Expert Advisor code for accurate test results.
In order for News WatchDog to function, you must select the “Allow WebRequest”