Most effective Forex robot for EUR/USD pairs – Trading Strategies – 6 February 2023

Forex robots have become an important element of the forex market nowadays. The main aim of a forex trading robot is to remove the psychological element from trading, as often it can prove to be detrimental, especially when traders are still beginners and not so used to making objective and reasonable trading decisions.

With our extensive experience in programming, you can rest assured that we have a diversified and professional background. We have undertaken numerous projects for all sorts of clients hailing from many countries. Forex programming is something that we are passionate about, and no wonder considering that we have been engaged in this field for over 10 years.

When the XT EURUSD EA was programmed, we were committed to ensuring that continuous improvements and updates would be made. We feel that this is of the essence so that we always offer the best possible robot. This commitment, coupled with our experience in forex programming, guarantees that what we offer is indeed the best on the market. We sought to create the XT EURUSD EA with great care and passion, putting into practice what we learned throughout the years as well as taking into account what our clients expected. However, we did not stop there. We wanted to ensure that, if at all possible, we managed to exceed their expectations. And that is why we strive to excel in all that we do, including the realization of the XT EURUSD EA and its regular updating.

It’s a strategy based on Price Action, Cycle Strength, SMA Strength, RSI and another two custom indicators (built-in within the strategy). A new system has also been built into the EA. This changes the operation of the EA, as it also opens pending orders. This has been added as an extra option, and it can be disabled in the EA parameters should you prefer not to use it. There is also a time filter (defined trading hours) and a spread filter (protection of trading during important news and events, information about this parameter in comments). All parameters for trades and functions are settable in the parameters of the EA.

There are a few possible methods for closing opened trades:

– by Take Profit (in pips) for individual trades

– after reaching profit in currency defined for positions

– after exceedose time at the end of each day

EA works on the H1 chart and performs best on the EURUSD pair. However, you can also use it on other pairs such as GBPUSD, USDJPY and USDCAD, although we recommend only using it with the EURUSD pair, Timeframe H1.

How to properly test the XT EA EURUSD in the MetaTrader 4 tester?

Please select a deposit of 1000, accompanied by a custom date from 01/01/2022 to 01/01/2023. Select a spread of 2.0, change % risk and click the start button in the MetaTrader 4 tester. The robot can be used from a leverage of 1:30 up to 1:1000.

Parameters:

Orders Max – maximum number of trades

Orders Step – distance in points between trades

Orders Profit – required profit in account currency for a position to be closed

Take Profit – take profit in points for individual trades (hidden Take Profit and Stop Loss for brokers)

Additional Stop Loss – trades loss as a percent of account balance

Trade Start/End Hour – start/end hour for trading

Trade Start/End Minute – start/end minute for trading

Trade Friday End Hour/Minute – different end hour and minute for Fridays

Closing all orders (true/false) – activation of closing trades at the end of the day (at chosen time)

Closing Time (text in format HH:MM) – closing time for opened trades

Lots – lot size of opened trades on signal

Lots Step – additional lot size added to following trades (+0.01 lots)

Slippage – allowed max slippage for opening trades in pips (2 pips)

Magic No – identification number for trades opened by the instance of the strategy

Pending orders – is an new solution which activates an additional system that opens pending orders

Max Spread – spread filter is protection of trading during important news and events (2 pips, information about this parameter in comments)

Info:

Pair: EURUSD

Timeframe: H1

Minimum lots: 0.01

Platform: MetaTrader 4, MetaTrader 5

Minimum deposit: 1000

Leverage: 1:30 up to 1:1000

Type of account: Hedging, Zero, Micro, Standard, Premium or ECN

The robot is available for purchase at $399. For this reasonable price you will get a very good robot, without any restrictions such as account number licenses or time limitations. You can use it with any broker and moreover you will receive all updates for free. We plan to update the robot every few months, so you can always check the latest version that has been added and download it accordingly. If you have any questions, feel free to get in touch and we will gladly assist you.

Tester: https://www.youtube.com/watch?v=8HUh4qFUGTI

XT EURUSD EA for MetaTrader 4: https://www.mql5.com/en/market/product/90307

XT EURUSD EA for MetaTrader 5: https://www.mql5.com/en/market/product/90308

My profile: https://www.mql5.com/en/users/mqlblue/seller

You are most welcome, thank you👍📊

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