Forex Workstation mt4

• Forex Workstation is a powerful and efficient bot for trading on the Forex market. It is designed to use patterns, price delay levels, volatility analysis and market scaling. This bot provides unique opportunities for automated trading and optimization of strategies on various currency pairs. Let’s look at the features and settings of Forex Workstation:
• Peculiarities:
• Multi-currency: Forex Workstation supports a wide range of currency pairs for trading, which allows you to diversify your portfolio and distribute risks.
• Using price delay patterns and levels: The bot analyzes the market for patterns and price delay levels, which helps determine entry and exit points for trades.
• Volatility Analysis System: Forex Workstation is equipped with a volatility analysis system that helps identify changes in market activity and tailor trading strategies.
• Market Scaling: The bot has a market scaling feature that allows you to optimize trade sizes depending on volatility and current market conditions.
• Protective Measures and Trailing Stops: Forex Workstation protects trades by setting stop loss and take profit levels. It is also possible to use a trailing stop to protect profits.
• Working couples:

• “USDJPY”
• “USDCHF”
• “USDSEK”
• “USDCAD”
• “EURJPY”
• “EURCHF”
• “EURSEK”
• “EURUSD”
• “EURCAD”
• “EURNZD”
• “EURGBP”
• “EURAUD”
• “GBPJPY”
• “GBPCHF”
• “GBPSEK”
• “GBPUSD”
• “GBPCAD”
• “GBPNZD”
• “GBPAUD”
• “AUDJPY”
• “AUDCHF”
• “AUDSEK”
• “AUDUSD”
• “AUDCAD”
• “AUDNZD”
• “NZDJPY”
• “NZDCHF”
• “NZDUSD”
• “NZDCAD”
• “CHFJPY”
• “CADJPY”
• “CADCHF”
• Bot settings:
• Risk and lots:

• Lot: Trading lot size (if RiskOn=false)
• RiskOn: Enable or disable risk management (if RiskOn=false, then the Lot field is activated)
• RislBase: Base for risk calculation
• Series and strategies:
• LimitSeries: Limit on the number of series [1..25]
• TypeSeria: Series type (for example, grid)
• LotExponent: Exponent for lots
• Protection and trailing stop:
• TakeProfit: Take profit level
• StopLoss: Stop loss level
• TrailingStart: Start of the trailing stop
• TrailingStop: Trailing stop level
• Volatility analysis and patterns:
• Length: Length of volatility analysis
• Detailing: Detailing volatility analysis
• Smoothing: Volatility smoothing
• Convexity: Convexity
• Power: The power of volatility
• BandsPeriod: Period for calculating Bollinger Bands
• BandsDeviation: Deviation for Bollinger Bands
• VolatilityBarsCalc: Bars for calculating volatility
• VolatilityWeightedFilter: Volatility weighted filter
• FletFromVolatility: Flatness from volatility

Other settings:

• ZigZagDepth: Depth for ZigZag
• SpreadLimitOn: Enable spread limit
• SpreadMin: Minimum spread
• SpreadMax: Maximum spread
• SetBrockerFilling: Order execution type
• HintBotOrder: Order hint
• EnabledBuy: Allow purchases
• EnabledSell: Allow sales
• MagicNumber: Magic number
• EcnMode: ECN mode
• SetStopsLevel: Stop loss level
• MaximumDrawdown: Maximum drawdown (0 – disabled)

How to use:

Installing the bot: Download the bot file and copy it to the “Experts” folder of your MetaTrader trading terminal.
Loading working pairs: Connect to the MetaTrader trading terminal, select the desired currency pairs from the “Working pairs” list in the bot settings.
Setting parameters: Open the bot settings window and specify the desired parameters for risk, strategies, protection, volatility analysis and other parameters.
Launching the bot: Activate the bot on the desired currency pairs, make sure it is enabled (EnabledBuy and EnabledSell), and click “OK” to apply the settings.
Monitoring and management: Regularly monitor the bot’s performance, analyze trading results and adjust settings if necessary.

Forex Workstation is an excellent tool for automated trading in the Forex market. It has a wide range of features and capabilities to optimize trading strategies. Remember that using any bot comes with risks, so it is important to test it on a demo account before using it on a live account.