TURBO ROBOT PROFIT MAXIMIZER 2.0

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TURBO ROBOT PROFIT MAXIMIZER 3.2

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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.

 

Robot-EA General information 

Turbo Robot Profit Maximizer 3.2  

   Is the Expert Advisor has a high built-in algorithm and more complex functions in terms of scalping or Hedging and Martingale base trading strategy. Choices will be belong’s to your needs. It has build -in with margin management which control you when humans goe’s to greedy mode. The best function on this Robot is when you are in profit trend, it doubles the execution to take advantage on the profitable trend. Most Robot’s in the Market are mainly good when the market is Ranging, But when the market is on continues up or continues down, most of them has difficulty and not able to survive. But this Robot was design for both Ranging and one sided trend while you can maximize your profit on one side trend.

   It has Built-in Hedging to take care your Margin level and Martingale option to cover your losses. This Robot was tested on Live Real-Money Accounts before release. Ever since the first time it was attached to a real money chart, it has the benefit of multiple improvements and modifications that make it one of the best robots on the Forex market today.Expert Advisor has a high built-in algorithm and more complex functions in terms of scalping or Hedging and Martingale base trading strategy. Choices will be belong’s to your needs. It has build -in with margin management which control you when humans goe’s to greedy mode. The best function on this Robot is when you are in profit trend,

  It doubles the execution to take advantage on the profitable trend. Most Robot’s in the Market are mainly good when the market is Ranging, But when the market is on continues up or continues down, most of them has difficulty and not able to survive. But this Robot was design for both Ranging and one sided trend while you can maximize your profit on one side trend.

 

This EA-Robot is built-in with Hedging and Martingale strategy and margin Management.

 

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 below 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 your proper Settings.

 

Parts of the EA and Tabs-  Definition

 

Inputs Settings Selection

 1.  Trade_mode- You can select either you want only Buy or only sell or both BuySell.

            BuySell- EA will open trade BuySell- this to perform hedging-recommended setting

            Sell- EA will only open on Sell trade

            Buy- EA will only open on Buy trade

 

 2.  Buy_Mode- You can select either you want both, Martingale and Anti-Martingale.

             Both – The EA will perform both Martingale and Anti-Martingale whereby lot size will multiply by 2 on your buy trade.-Recommended Settings

             If your settings on multiplier =2.0

           Ex. 0.01, 0.02, 0.04, 0.08.0.16

 

          If your settings on multiplier =1.5       

           It will be –  0.01,  0.015,  0.02, 0.03, 0.05, 0.07, 0.11 and so on…

 

            Martingale- This settings will perform only when your buy trade is on losing mode to cover back  your losses.

Explanation: If you choose Martingale option , this will be your trade as per below.

Everytime your buy trade losses and hits every level, it will trigger next lot size.

Note: X1 and X2 level will be repeated lot to save your lot size Level accumulation.

This calculation is for Multiplier = 2.0

This calculation is for Multiplier = 1.5

   

 

     Anti-Martingale – This setting will activate only when your buy trade is on profit mode to further earn your trade.

Explanation: If you choose Anti- Martingale option , this will be your trade as per below.

Everytime your (buy/Sell) trade on profitable and hits every level, it will trigger next lot size and your will be earning keeps double when lot size open on its martingale pattern.

 

This calculation is for Multiplier = 2.0

This calculation is for Multiplier = 1.5

 

Recommended optionuse BOTH option it will caters both to perform martingale and Anti-martingale.

  3.  Sell_Mode- You can select either you want both, Martingale and Anti-Martingale.

           Both – The EA will perform both Martingale whereby lot size will multiply by 2 on your Sell trade.- Recommended Settings

         

       If your settings on multiplier =2.0

           Ex. 0.01, 0.02, 0.04, 0.08.0.16

 

          If your settings on multiplier =1.5       

           It will be –  0.01,  0.015,  0.02, 0.03, 0.05, 0.07, 0.11 and so on…

           Martingale- This settings will perform only when you’re Sell trade is on losing mode to cover  back your losses.

           Anti-Martingale – This settings will activate only when your Sell trade is on profit mode to further  earn your sell trade.

Explanation: This selection is the same as Buy_mode,  But this will be cater on Sell trade order.

Recommended option use BOTH options it will caters both SELL and BUY trade order to perform martingale and Anti-martingale.

4.  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

5. 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 applicable

6. 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

7. 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

8. SetStoplossOn Anti Marti = This function is refer to Profitable trade series. The function is to Profit Trailing once series of trade is on profit. The Value will refer to trailing profit input value.

Settings mainly on losing position trade

 

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

Please change the number etc.. 1,2,3,4-10.

 10.  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 risk 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 account) = 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.

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

If your settings on multiplier =1.5 

It will be –  0.01,  0.015,  0.02, 0.03, 0.05, 0.07, 0.11 and so on…

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

Note: your position will always hit this TP settings.

13.  Distance to open position (Pips)- default is 10 pips. 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 level.

Means: starting lot X1, if loss still X1, 3rd will be X2 and X3 so on.

 

Strategy on how the Position Opens.

Example.

Now let say, at X2 the EA open, the TP will be at 20 pips and X1 will auto follow the TP.

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. 

15.  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 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= 10.24 X .01 cents account = 0.1024 lot

 

By using 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 (10kusdcents account)= 1 pair, 0.01 starting lot size

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

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

2000usd capital (200kusd cents account) = 8-10 pairs, 0.01 starting lot size or 6 pairs, 0.05 starting lot size.

If your 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 pairs, 0.01 starting lot size

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

 

Note: you can adjust this setting depends on your level of risk. And base on your currency you use. The monthly average up and down, you have 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 starting lot size without proper calculation on your allocated risk.

 

 

Settings mainly on profitable position trade

 16.  Lot Started (profit side) – Default setting is 0.01. 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 set you starting lot size. And you must have a proper calculation before start choosing your starting lot size.

17.  Multiplier (Profit side)This settings will determine on how much is your multiplier for lot started when the trade is on profitable.

(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

If your settings on multiplier =1.5 

It will be –  0.01,  0.015,  0.02, 0.03, 0.05, 0.07, 0.11 and so on…

18.  Distance to open position (Profit side)- default is You can choose how much is your distance settings to open new position once your trade is Profitable.

 Note: when the trade on profitable and the second lot activated, next open trade position will be X2 to double up your profit once trend is on one sided.

 Means: starting lot X1, next is X2 and so on.

Example.

                    Now let say, at X2 lot the EA is open, the SL will be at 10 pips and X1 will follow the SL.

       

Advices and tips:

Let say, You choose distance to open position is 30. And your TP is at 8pips.

This means that If market reverse back after opening position (Ex. X3 lot position, then you loss 8 pips at X3 position, X2 gain 22pips, X1 gain 52 pips.

 

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.

 19.  SL value Start @ second trade (profit side) – default settings at 10 pips. You can change this settings depends on your calculation risk.

        Explanation:  this will relate to above settings and explanation.

Means: After the X2 lot triggered, only this setting will activated.

Let say, X2 lot open, then X2 will automatically open SL to protect your gain and X1 will follow same value as X2 SL. It always win-win situation.

Note: When setting the SL, please calculate together your Spread, Bid and Ask differences, pair charges on that particular pair you choose.

If your not calculate inclusive on your SL settings, it will end up losing every time the trade close.

 

Settings advice on this will be:

A) Distance to open position = 40 pips

SL value Start @ second trade = is 8-10 pips

 

B)  Distance to open position = if 40 pips

SL value Start @ second trade = is 8 to 10pips

 

Note: Lower than this value will end up to losses base on our calculation.

 

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

This will depends on your desired settings, if you want to gain more the leave it as default.

 21 .  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 to trade again once above or the value higher. This to take care your account from being burst.

22.  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.

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

24. Font size- font of your info chart.

Tested value Settings advice of the EA  -Profitable

This settings using Multiplier =1.5 

Adjustment:

Take profit (pips) = 30-55

Distance open Position (Pips) = 10-15 pips

===============================================

Distance open Position (Pips) (Profit side) = 20 or 40-50pips      

SL value Start @ second trade (profit side) = 0 or pips

Tested value Settings advice of the EA  -Profitable

This settings using multiplier =2.0

Adjustment:

Take profit (pips) = 25-50

Distance open Position (Pips) = 20-25 pips

===============================================

Distance open Position (Pips) (Profit side) = 20 or 40pips

SL value Start @ second trade (profit side) = 0 or 10

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.

 

Best Currency pair to choose

PLEASE CHOOSE THE CURRENCY PAIR WITH LOW SPREAD AND RANGING, VOLATILITY PAIR

 

EURUSD, USDJPY, AUSUSD, EURJPY, USDCHF, USDCAD, GBPUSD, EURGBP

 

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.

*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.

 

Make sure to check our email updates regularly  to get updated on the set-up and settings and new strategy.

 

Visit Our more Video Training Tutorials>>>>>> HERE>>>>>>

 

Happy Trading,

ForexPipsPlus