Wednesday, April 10, 2013

ProBot | Best FREE Volatility EA?

Hi Guys, there is yet another volatility EA that can be had trading the Eur/Usd. This one I believe was developed in Russia. It is based on the acceleration og price movements by the Euro. Settings are listed below.

Lot - Presumptive lot. LotFor1000 - lot size for 1000, if the value is 0, the EA is trading above a fixed lot. TP- Take Profit rate. SL - Stop Loss ratio. ACCL - the acceleration. Favg - the number of bars to calculate the relative speed price movement. Offs - offset in the bars for the correction value of the acceleration (advance).Savg - the number of bars to calculate slow relative price movements. SLTP - the number of bars to calculate the dynamic Stop Loss and Take Profit. Comm - comment to the order, opened with an expert.Magic - parameter needed an adviser to distinguish their position from the open positions created by other advisors or manually. Slippage - allowable slippage (in points).

Backtesting looks strong as well.


You may want to download this one and try it on a demo account. This is another excellent FREE expert readily available as open source for all to use.