VEXAROBOT

by
vexarobot

SUMMARY

This is an EA that aggressively trades in multiple positions using envelope indicators in the GBPUSD market.

PERFORMANCE (LIVE FORWARD TEST)

VALTURN_CCI profit and loss graph
TOTAL GAIN27.7%
MONTHLY2.5%
DRAWDOWN50.3%
START2024-02-24
OPERATING MONTH6
ACCOUNTdemo

KEY FEATURES

Currency Pair GBPUSD
Time frame M5
Terminal MT5
Trading Syle

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Description

This Expert Advisor (EA) is designed to allow you to actively participate in trading and accumulate profits in the GBPUSD market.

We use grid trading logic to take full advantage of the volatility of the GBPUSD market.
This EA utilizes the envelope indicator, a powerful tool that helps identify potential entry and exit points based on price volatility.
Envelope indicators are effective in detecting overbought and oversold conditions in the market.
This EA takes into account the envelope and the passage of time and derives the optimal entry and exit points.

By operating on 5-minute charts, you can capture short-term market movements and react quickly to changing market conditions. This allows you to take advantage of profit opportunities.

*This EA uses grid trading logic, so it is important to be aware of the risks. Sufficient margin is required for trading.”

Attach an EA to the M5 chart of GBPUSD on MT5.
parameter settings
・Lot_Size: Minimum 0.01 lot ~ Please set according to your account balance.
・Magic number: Normally, there is no problem with the default setting. This is the number that identifies this EA order within the account. If you use multiple EAs in one account, please set the magic number so that it is not the same as another EA’s magic number.
Since this EA holds multiple positions, it cannot tolerate drawdowns if the account balance is too small or the lot size is too large.
The recommendation is to start with 1000 USD and 0.01 lot. Be cautious about increasing lot size. Foreign exchange markets change rapidly and involve risks.

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