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
DirectionOnlyLong
OnlyShort
LongAndShortTimeframe 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
Follow & join telegram @smartforexlabFX Rover P MT5 EA
Live monitoring
