TREND MULTIPLIER ROBOT v1.99

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TREND MULTIPLIER ROBOT V2.5

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Risk Advisory

   Trading on Forex is highly speculative and carries a high level of risk. It is possible to lose all your capital. You should not invest money in Forex trading that you can’t afford to lose. These products may not be suitable for everyone and you should ensure that you understand the risks involved. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. Seek independent advice if necessary. 

 

WARNING:

You should treat Forex Trading as your Business, and not one time Millionaire mindset or Get-Rich-Quick scheme mindset. If your believe Forex is a Get-Rich-Quick scheme  or attitude of one time Millionaire, it will lead you to losing your money quickly. So, treat Forex as a business. Make sure to have proper calculation on your trading risk.

General information of the EA-Robot  

 Trend Multiplier Robot  is the best Expert Advisor which has high built-in Margin Management and Mathematical algorithm  to help you on your daily trading profits. The concept on Expert Advisor is using Hedging which taking care on your margin level. It able’s cover back if any losses you made on previous open position trading.

This EA-Robot is build in with Hedging and Martingale strategy.

 

Why Martingale strategy?

Originally, Martingale referred to a class of betting strategy that was popular in 18th-century France.[1][2] The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double his bet after every loss so that the first win would recover all previous losses plus win a profit equal to the original stake. It is the same strategy we use on this EA with added Hedging, Max level martingale to choose and Margin management control.

How to set-up EA

Please refer to this link website for the step by step set-up

 

Notice:

This EA is base on calculation EA and not signal base EA. Once expert advisor Enable, it will automatically open trade. Make sure to check the product manual on correct Settings.

Part Of The EA and -Definition

   Note: This EA will open Both side’s Buy and Sell to serve as Hedging

 1.   Magic Number – use to set this number if you are setting up this EA with same platform and same currency pairs. If you wanted to install on the same platform,

        Please change the number (ex.. 1,2,3,4-10).

2.   Lot Started- This settings will determine your lot size start. Ex. 0.01, 0.02, 0.04….

The lot size will multiply from the start of your lot size setting. Please be carefully to set your starting lot size, And you must have a proper calculation before start choosing your starting lot size.

Advices and Tips: if possible use cents account especially if your margin capital is not big or less than 5K. Your lot size should start from 0.01 lot.

Means: 0.01 X 0.01 (Cents lot) = 0.0001 lot is the starting lot in standard account. This is very safe.

Cents account will able to take you long level on your martingale level settings.

 3.   Multiplier- This settings will determine on how much is your multiplier for lot started.

(Ex.) Started lot= 0.1, Multiplier= 1.5

    So, your trading lot will be-  0.01,  0.015,  0.02, 0.03, 0.05, 0.07, 0.11 and so on…

        (Ex.) Started lot= 0.1, Multiplier= 2

      So, your trading lot will be-  0.01,  0.02,  0.04, 0.08, 0.16, 0.32, 0.64 and so on…

4.   Take profit (pips) – default setting is  50pips. You can choose how much is your TP settings to get your profit.

Note: your position will always hit this TP settings.

5.   Distance to open position (Pips)- default is You can choose how much is your distance settings to open new position once your trade is losing.

Note: when the trade losses and the second lot activated, it will still open X1 to save your martingale multiplier.

Means: starting lot X1, if loss still X1, 3rd will be X2 and X4 so on..

   Strategy on how the Position Opens.

Example.

Now let say, at X2 the EA open, the TP will be at 50 pips and X1 will follow.

Advices and tips:

Let say, You choose distance to open position is 15. And your TP is at 20.

This means that you earn 5 pips from X1 lot if the market reverse back and hit your TP.

And 20 pips earn on X2 position lot.

Illustration:

Everytime the TP was hit, new trade will be auto open on that particular position (Buy or Sell) and start again at your lot started settings

14. Distance Multiplier= This setting will multiply your  Distance base on Distance to open position (Pips).

   Let say = Distance Open Position Value =10. and settings was 1.2. 

So, 10 X 1.2= 12. Your next distance to open new trade lot size will be = 12 pips. 

if still trigger to next trade, it will be = 12 X1.2 =14pips. And So on….

Explanation: This is really good and helps a lot if the market goes’ to sudden drop/up. 
The more market keeps in one Direction, The distance to open new trade will more far and saves your total lot size used.

Note: To disable or don’t want to use this function, Please leave value=0.

Reminder: Once this function is used or enable, Your TP value assign will be calculated as per below.

“initial lot (*multiply) by takeprofit pips”. Let say initial lot=0.01 & takeprofit = 20pips, so target is about $2 (depends on your value per tick). 

The reason your TP value will be change once enable this function, due to you will ended losses if distance multiplier keeps increase every new martingale lot is open but your TP is still the same value. 

7.   Max Position layer per side- default to 100, but you can choose any number you want. This function is to let the EA to stop your martingale level on how many times it will perform on the level of X value.

Advices and Tips:  The best settings is 10-11 level

Let say: You set 11 level

Means:

If you use standard account total lot size is 10.24 – which is very risky if your margin capital account is lesser than 5k.

 

But if you use cents account it is just  0.1024 total lot size use – this is very safe.

Means= 10.23 X .01 cents account = 0.1024

 

By this cents account you still able to use multiple currency pairs, which I am using this strategy.

 

 

If you are using Multiplier = 1.5

This will be the calculation below.

 

Tips on Capital:

 

Recommended Cents account

100usd capital (10K cents account)= 1 pairs, 0.01 starting lot size

500usd capital (50K cents account) = 6 pairs, 0.01 starting lot size

1000usd capital (100K cents account) = 8-10 pairs, 0.01 starting lot size or 5-6 pairs, 0.02 starting lot size.

2000usd capital (200K cents account) = 8-10 pairs, 0.02 starting lot size or 5-6 pairs, 0.05 starting lot size.

If you capital more than this, then you can just multiply on your starting lot size Value.

 

 

For standard account:

5k usd min. capital . = 1 pairs, 0.01 starting lot size

10k usd min. capital = 2-3 pairs, 0.01 starting lot size

15k usd min. capital = 3  pairs, 0.01 starting lot size

 

 

Note: you can adjust this settings depends on your level of risk. And base on your currency you use. The monthly average of up and down on the currency pair, you have to check.

 

Treat this as your business; it will take you longer on the trading. 

Or if you treat as gambling, then will kick you out early from the market.

Please don’t simply increase your lot size, you must calculate correctly your level of risk.

 

8.   Margin Level Management – default settings is 2000, You can change this depends on your risk value. The EA will stop opening trade once reach this value set. And it will Back again to trade once your margin level is above or the value is higher. This function is to take care your account from being burst.

9.   Show info on chart- this function is for your info on the trading on your EA that shows on the screen. You can select true or false. True= show on screen, false = no show.

10.   Info text color- you can set the color of your info chart.

11.   Font size- font of your info chart.

12. CloseOn Total profit= This settings will close series of active trade on chosen pairs  once reach profit $ value target. 

       Note: Put zero(0) if not applicable

13. CloseOn Total profit=This settings will close series of active trade on chosen pairs  once reach losses $value target. 


 Note: Put zero(0) if not apllicable

14. Trailing Profit Start= Once profit reach, EA will start to trailing base on dollar value selected. 

    Let say 10= profit reach $10 will lock the profit. Once reach 20 will lock profit again and so on…

The closing value will be base on Trailing Profit Close  value.

Note: Put zero(0) if not applicable

15. Trailing Profit Close= Once profit start lose and reach this value all series of trade on particular pair will all close. 

   Let say, The total trade already earn $10, and Trailing profit start settings is =$10.  If the market start to reverse to  $2, (let say $2 is your settings on Trailing profit close),  Robot will close all trade with profit taken =$8.

Note: Pls, Put zero(0) if not apllicable

Tested value Settings advice of the EA  -Profitable 

(Multiplier using = 1.5)

Magic Number= 1

Lot started = 0.01

Multiplier = 1.5

Take profit = 30-50

Distance open position= 10-12

Distance Multiplier = 1.3

Max position = 20

Margin level = 2000-3000

CloseOn Total profit = 100

CloseOn Total profit = 0

Trailing Profit Start = 10

Trailing Profit Close =2

Tested value Settings advice of the EA  -Profitable  

(Multiplier using= 2 )

Magic Number= 1

Lot started = 0.01

Multiplier = 2.0

Take profit = 30-50

Distance open position= 15-20

Distance Multiplier = 1.3

Max position = 10

Margin level = 2000-3000

CloseOn Total profit = 100

CloseOn Total profit = 0

Trailing Profit Start = 10

Trailing Profit Close =2

Best Currency pair to choose

PLEASE CHOOSE THE CURRENCY PAIR WITH LOW SPREAD AND RANGING  VOLATILITY

 

EURUSD, USDJPY, AUDUSD, EURJPY, USDCHF, USDCAD

EA Time Frame use

              You can use any time Frame as this EA works on any time frame but suggested to use 1 Hour Time  frame.

Trading Advice

     Trading in this EA will be very promising result if you know the proper settings. And always calculate your possible risk if the market move’s to different way. You must select the correct pair which normally in ranging Mode and also understand how much the average movement trade on the pair you selected.

 

Please Make sure to check our email updates regularly to get further details on the set-up and settings.

 

Or check Related Video Tutorials  >>>>Here>>>   

 

Happy Trading,

Forex Pips Plus.