profx mt4 forex Robot Advisor is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit.
The EA can work in 3 modes:
Basic: EA opens one trade secured fixed stop-loss. No martingale, grid, or hedging is used
Advanced: EA opens additional averaging trades without increasing the lot-sizes, secured fixed stop-loss
Boost: EA opens additional averaging trades and multiplies the lot-sizes.
Minimum deposits. Leverage 500: Basic mode: $100 | Advanced Mode $300 | Boost Mode: $500
Working Pair: EURUSD H1
Trading Mode Basic: EA opens one trade secured fixed stop-loss. No martingale, grid, or hedging is used
Trading Mode Advanced: EA opens additional averaging trades without increasing the lot-sizes, secured fixed stop-loss
Trading Mode Boost: EA opens additional averaging trades and multiplies the lot-sizes.
AutoLots – automatic percentage calculation and of the lot size based or risk and stop-loss
Risk % per Trade – maximum risk per trade for calculation of the auto lot size.
Lots – fixed lot mode. A suitable value of 0.01 for a deposit of $ 100
Show Info Panel – enable/disable the Info-Panel in the chart. For fast backtest set to: false
Trade Comment – comment for EA’s orders
Magic Number – unique magic number
Distance Pips – the distance in pips between the averaging orders
Maximum Orders – allowed maximum averaging orders
Stop-Loss Pips – fixed stop-loss per order in pips
Profit-Target Volume – profit-target volume
Close Day – If true, Expert will close open order at close day hour in the time settings
Stop-Trading Day after x Loss Trades – when EA will stop trading for the current day- Disable=0
Trailing-Stop Pips – when to start the trailing stop
Max Spread Allowed – maximum allowable spread. 10 = 1 pip
Max Lots Allowed – maximum allowable lots to trade.
StartHour – start hour to trade
StopHour – end hours to trade
Monday – enable or disable trading on Monday
Tuesday – enable or disable trading on Tuesday
Wednesday – enable or disable trading on Wednesday
Thursday – enable or disable trading on Thursday
Friday – enable or disable trading on Friday
Close Day Hour – the hour when EA close open orders at the end of the day.
Exit Friday Hour – the hour when EA close open orders on Friday.
Exit Friday Minutes – minutes when EA close open orders on Friday
Broker GMT Offset – In order to get proper results, you have to set them correctly according to your broker GMT Offset
Enable News Filter – If enabled, EA will not open new orders on events. Allow requests to
Auto Currency of News – If enabled, EA will automatically detect news of the traded pair.
CurrencyNews – filter new for single currencies, EUR,USD,AUD,CHF,NZD etc. Not required if Auto Currency of news is enabled.
Pause Before News (minutes) – pause for new orders before events in minutes
Pause After News (minutes) – pause for new orders after events in minutes
High Impact News – if true, no new orders will open on High-Impact Events
Medium Impact News – if true, no new orders will open on Medium-Impact Events
Low Impact News – if true, no new orders will open on Low Impact Events