Skip to main content

Posts

Showing posts with the label expert advisor

Fluid Expert Advisor

RobotFX Fluid is a MetaTrader expert advisor capable of detecting the trend, opening/closing trades only within a defined price movement (at precise entry/exit levels), manage winning trades as well as recovering a lost trade.
The idea behind the RobotFX Fluid expert advisor is not only to spot the trading signals and open trades at the exact right moment, but also to help the traders with their money and trade management. This is where the 95% of the traders fail in forex. They have been indoctrinated with the necessity of using a stoploss and precise take profit targets, risk/reward ratios etc. Ask yourself this:
“If 95% of the traders are losing their money, do I really want to follow the same rules they do?!” That question should be the first thing to cross your mind when following anyone else’s advice, strategy, or even when you buy a trading tool such as this. It is well known that only a small percentage of the traders are successful in this branch. That is not only because mos…

Stairsteps Expert Advisor

The main idea behind the trading strategy of RobotFX Stairsteps expert advisor is to trade breakouts of consolidation zones. It often happens that the price moves in a defined range (ie the price consolidates) for a while, and then breaks out of these consolidation zones. When this happens, many traders set pending orders above or below these zones - if they are following the trend, or at both ends if they are uncertain of the trend - in this case traders should consider using an OCO (one cancels other) approach. When the price breaks out of the CZ (consolidation zone) and hits the pending order(s), a trade will open.

To better understand how the RobotFX Stairsteps EA works please check the screenshot below. As you can see, the trend is down. The price goes down step by step, just like a stair. The stair steps are the consolidation zones. RobotFX draws the CZ and enters short trades as soon as the price leaves the consolidation zone, down.
We do recommend following the trend and don’t…