Non-indicator Range Trading System
New edition of FX Rover advisor – improved perfomance, updated software engine and inputs.
Optimized & backtesed on real ticks with 99% quality in 2010-2022, сompatible with EURUSD, EURJPY, CADCHF, AUDNZD, AUDCHF, AUDJPY, AUDCAD.
FX Rover P EA trades pending orders from the borders of the calculated range. The grid of orders is activated if necessary.
Features
Indicatorless
100% automated
Stoploss for every position (optional)
Drawdown stop to prevent account loss
Fixed & Relative volume
Optimized & Backtesed in 2010-2022 for drawdown below 15% per pair
Set files included
No special requirements
Inputs (default eurusd h1)
— Common —
Magic
Comment
Positions Direction Max
Volume Total Max, lot
Spread Max, point
Direction
OnlyLong
OnlyShort
LongAndShort
Timeframe In (to open positions)
Timeframe Out (to close positions)
Takeprofit Type
Tp_Tick (on the tick)
Tp_Bar (at the new bar)
— Volume —
Volume Type
Vol_Fix (fixed volume – Volume Fixed Value)
Vol_Rel (relative volume – Balance/VolumeRelativeValue*VolumeFixedValue)
Volume Fixed Value, lot
Volume Relative Value, $
— Levels —
Stoploss, point
Takeprofit, point
Grid, point
Shift, point (order shift relative to the range borders)
— Time —
Time On (order placing time)
Time Off (time to delete pending orders)
— Range —
Range Period, bar (current range width)
Range Period Avg, D1 bar (average daily range)
Range Min, % of Range Period Avg
Range Max, % of Range Period Avg
— Drawdown Stop —
Drawdown Type
Dd_Fix (fixed – $DrawdownValue)
Dd_Rel (relative – DrawdawnValue % of Balance)
Drawdown Value (0-not used)
— Display —
Display Deals (displaying trades on the chart)
Color Buy (clrNone-not used)
Color Sell (clrNone-not used)
Color Range (clrNone-not used)
Color Panel Background (clrNone-not used)
Color Panel Info
Guidelines
Balance – $1500/pair, $3000-4000/full basket
Leverages – 1:50+
Time – GMT+3/+2 (summer/winter)
Links
FX Rover P MT5 EA
Live monitoring
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