AlgoTradeSoft Innovative EA For Free Download AlgoTradeSoft Innovative EA For Free Download
AlgoTradeSoft Innovative EA is a fully automated Forex robot that usually sells for $2,999. This is a somewhat old EA, autopilot trading. This EA works based on the breakdown of the most important support and resistance levels. The EA uses adaptive trade management algorithms.
This robot is designed for both beginners and expert traders. It comes with a lot of parameters to mess around with. So it's not a plug-and-play robot and you may need to tweak it.
The AlgoTradeSoft Innovative robot contains algorithms for statistics collection and slippage control and outputs complete statistics on the information panel, so you can control the quality of the broker's execution, just like with a supply and demand oscillator. It can actually outsmart the market by placing buy and sell orders when requirements are met.
Please test in a demo account for at least a week first. Also, familiarize yourself and understand how AlgoTradeSoft Innovative Robot works and then use it only on a real account.
Recommendations
- Minimum account balance is 1000$ .
- Work best on EURUSD. (Work on any pair)
- Work best on M30 Timeframe . (Works on any time frame)
- In order to obtain stable results, AlgoTradeSoft Innovative EA should be run 24/7 on a VPS. Therefore we recommend running this free Forex EA on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
- Low Spread ECN accounts are also recommended ( find the best broker for you here )
Input Parameters
- Magic – trades ID;
- EA comment – a comment on the trade.
Risk Settings
- Lot type – money management type:
- Fixed Lot – fixed lot;
- Risk per trade – lot size based on stop loss value:
- 0.5% - conservative;
- 1.0% - standard (recommended);
- 1.5% - aggressive (leverage not less than 1:200);
- 2 +% – Super aggressive (leverage no less than 1:200).
- Margin percent use – lot size based on margin value;
- Fixed lot size ;
- Risk% – Calculate the risk percentage of the batch Risk per trade and Margin percent use ;
- Max lot – maximum lot size (0 – off);
- Personal balance% – appropriate balance of the EA as a percentage of the total account balance (0 – disabled). For correct operation, all transactions, including the first account deposit, must be available in the history. It is used for portfolio trading using multiple EAs;
- Initial StopLoss – initial stop loss;
- TakeProfit – TakeProfit;
- BreakEven After – the profit value to which the stop loss will be moved BreakEven To ;
- BreakEven To – Profits are protected by breakeven.
Trailing Stop
- Trailing stop – Trailing stop value:
- -1 – off;
- 0 – TrailingStop = Stop loss;
- > 0 – rse specifies the value;
- Trailing step – trailing step;
- Slippage Risk Protection – Risk protection in the event of slippage;
- Adjust Trailing to Cope with Slippage – Trailing adjustment algorithm during slippage;
- Trailing Mode – Trailing Stop Mode:
- Adaptive by Time – time adaptive (recommended);
- Volatility Adaptation – Volatility Adaptation;
- Adaptive by Volume – volume adaptive.
- Time Scale – time interval for price analysis (for time-based adaptation);
- Volatility Scale – the volatility range of price analysis (for volatility adaptation);
- Volume Scale – the adaptive volatility range for volume analysis (for adaptation by volume);
- Change the correction factor – the trailing sensitivity factor.
Opening hours (GMT)
- EveryDay Start Hour ;
- Start minute of each day ;
- EveryDay End Hour ;
- EveryDay End Minute .
- FridayStopTime – HH:MM. Leave blank to disable;
- GMT mode – GMT offset of the broker’s server time;
- Auto GMT (not for testers!) – Automatic GMT adjustment (recommended);
- Manual GMT – Manual GMT correction, used for backtesting.
- Max average spread – 0 – off;
- Fast BackTest – faster testing with fixed spreads, not valid for real trading;
- Broker quotes shift – A shift in broker quotes (not used by most brokers).
More input parameters on AlgoTradeSoft Innovative free forex robot
- Read More Hyperboloid Multi EA – [Cost $200] – Free
ForexCracked.comAlgoTradeSoft-Innovative-EA.zip
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