|System : Metatrader 4
Required indicators : in the zip archive.
Timing : M5.
Currency pair : any (recommended EURUSD, GBPUSD).
Account Limits : None.
Type of trade : Medium-term automatic trading.
Optimization period and forward : 2015-2017
Neural network : light.
|Number of signals used in trading : 5
Money management : yes
Use with other experts : yes
Brokerage account : any account
Max. Allowed spreads : 2 (20)
Maximum use of TakeProfit and StopLoss : 178 (SL), 277 (TP)
Duration of trading : on average 4 hours – 4 days.
Lots : 0.01 – 100
VPS or laptop : you need 24/5 online
Using indicators: SMA indicator; EMA indicator; WMA indicator; TOPIC indicator.
The SMA indicator is an arithmetic moving average calculated by adding the closing price of a security over several time periods and then dividing this amount by the number of time periods.
The EMA – Exponential Moving Average (EMA) indicator is a type of moving average that looks like a simple moving average, except that the latest data gives more weight. It is also known as an exponentially weighted moving average. This type of moving average responds faster to recent price changes than a simple moving average.
WMA indicator– pays more attention to the latest prices than the old. The data of each period is multiplied by weight, and the weight is determined by the number of selected periods.
The TEMA indicator is a technical indicator used to smooth out prices and other data. It is a combination of one exponential moving average, double exponential moving average and triple exponential moving average.
The Fox scalper operates on a moving average basis and has a built-in risk management strategy.
Profit chart from strategy tester:
On-line chart from our account on Myfxbook.com. Click image
What you need to trade with the adviser:
- Open a brokerage account or use an existing one. We recommend you Pepperstone broker .
- PC, laptop or VPS for trading software (Metatrader 4) from your broker ( PC must be online 24/5 ).
To ensure Metatrader 4 is working around the clock, we recommend the following Forex VPS provider:
- Initial deposit on a brokerage account for trading.
Financial independence, profit stability with our special Forex trading advisors.