As you can read of developer’s website this forex expert advisor based NO on martingale strategy. FX Math expert trade on these forex pairs: EURUSD, EURJPY, GBPUSD, USDCAD, USDJPY. Min deposit – $50 on cent accounts (0.01 lot size)
Money Management Parameters in “FX Math” EA:
UseMoneyManagement – set to true if you want to use money management, set to false to use fixed number of lots defined in Lots.
Lots – number of lots to be used if money management is not used
LotsDecimals – decimal places for lots – depending on your broker, usually 1 or 2. If your broker supports microlots then use 2, if he doesn’t then use 1.
RiskInPercent – if money management is active, set how big % of the available capital should be risked per each trade. Standard values are from 1 – 5.
RiskInPercent is used only if UseFixedMoney = false
MaximumLots – maximum lots the EA would trade – as a protection for mistake in MM
UseFixedMoney – if set to true, money management will use fixed amount of money for every trade (specified in RiskInMoney parameter). RiskInPercent is then ignored.
Setting this to true corresponds to selecting Fixed amount MM in StrategyQuant. To use this, UseMoneyManagement must be also set to true.
RiskInMoney – maximum lots the EA would trade – as a protection for mistake in MM
FXMath – Other Parameters:
MaxSlippage – maximum slippage when sending the orders to the broker. Usual value is around 3.
CustomComment – comment that will be set for every trade
MagicNumber – trade magic number. If you run multiple EAs on the same pair, each should have its own magic number
You can leave “Indicator Parameters” setting as default. This EA optimized and current setting selected for highest profit and lowest drawn Down.
– FxMath_DailyTrader_EA PDF
– Installation guide in PDF
– Your personal license will cover one demo account and one “live” account.
– It will never expire and there are NO “monthly fees” or any other recurring charges for use
File type and requirements:
-This is a digital item!
-You will Need: MetaTrader 4.0 platform.
– The files you’ll get is ZIP archive.