Forex GT EA Trading Advisor

Description

Attention!!!!! The advisor is configured and does not require optimization.

Forex GT EA is an advanced grid system that has been operating on real accounts for many years. Instead of adapting the system to reflect historical data (as most people do), it was designed to exploit existing market inefficiencies. Therefore, it is not a simple 'hit and miss' system that survives solely through the use of grids. Instead, it leverages real market mechanics to generate profits.

Supported currency pairs: AUDCAD, AUDNZD, NZDCAD.

Recommended timeframe: M15

FEATURES

Single-chart setup: you only need one chart to trade all symbols

Support for multiple currency pairs

Reliable testing on history and live performance

No need to adjust GMT

Very easy to use: just read the 3 lines of instructions below

Much cheaper than available high-quality alternatives

HOW TO INSTALL

The advisor should be attached ONLY to one M15 chart, with AUDCAD recommended.

If your broker uses a suffix (e.g., AUDCAD.a), you should update the names in the Symbol parameter.

Use only recommended pairs. You don't need .set files; all settings are stored within the advisor.

You need to provide the advisor with access to the website of a news list and time server for the news filter and time-related functions to work correctly.

REQUIREMENTS

The advisor is NOT sensitive to spread and slippage.

The advisor must run constantly on a VPS.

With a credit leverage of only 1:30, I advise not using settings above low risk for an account of less than $6000, or you may have issues with free margin. With a credit leverage of 1:500, everything should be fine with significant risk settings for a $1000 account.

MONEY MANAGEMENT AND RISK SETTINGS

Allow Opening a new Grid – enable/disable opening new grids. Does not affect already open grids.

Lot-sizing Method — choose a method to determine lot size according to the risk you want to take: Fixed Lots will use a fixed lot size from the 'Fixed Lot' parameter, Dynamic Lots will use the 'Dynamic Lot' parameter, Deposit load will calculate lots based on deposit load percentage, and 4 predefined presets will automatically calculate risk for you.

Fixed Lot – fixed trading lot for the initial trade.

Dynamic Lot (Balance/Equity based) — balance/equity to be used for 0.01 lots.

Deposit Load % – percentage of the deposit that will be fully used to open the initial trade.

Maximum Lot – maximum permissible trading lot.

Maximum Spread, in pips – maximum permissible spread.

Maximum Slippage – for non-ECN accounts, in pips – maximum permissible slippage.

Maximum Symbols at a time – maximum allowable number of symbols that can be opened simultaneously.

Allow Hedging – allow opening opposite-direction trades on the same symbol.

Allow Trading on Holidays – enable/disable Christmas/New Year trading filter.

Allow to Buy/Sell – enable/disable buy/sell trades.

Maximum Drawdown Percent – if the current floating drawdown exceeds the specified %, the advisor will close open positions.

STRATEGY

Symbols – symbols, separated by commas (customizable if empty).

Bollinger Bands Period – period of BB used to calculate upper/lower levels.

RSI Period – RSI period used for filtering trades with low potential.

Maximum RSI Value – value for RSI filter.

TakeProfit for Initial Trade, in pips – take-profit for the initial trade (if no open trades in the grid).

TakeProfit for Grid, in pips (weighted if zero) – take-profit for the grid. If zero, it is weighted, i.e., equal to the take-profit of the initial order in money (not in pips).

StopLoss for Grid, in pips (1000 pips if zero) – stop-loss for initial/grid trades.

Hide StopLoss – enable/disable hiding stop-loss.

GRID SETTINGS

Trade Distance – min. distance in pips between grid (averaging) trades.

Smart Distance – automatically adjusts trading distance depending on market volatility.

2nd Trade Multiplier – multiplier for the 2nd trade.

3rd-5th Trade Multiplier – multiplier for 3-5 trades.

6th- Trade Multiplier – multiplier for 6th and subsequent trades.

Maximum Trades – maximum number of trades in the grid (averaging).

OTHER

Trade Comment – comment for orders.

UID (0…9) – unique advisor instance number. Usually, no need to change.

ShowPanel – enable/disable info panel.

It's necessary to be registered under the partner link of the partner number acc 4094932 or enter the partner code 448400 when you register on our website.