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ForexAutoPilot advisor is optimized and can work only on EUR/USD pair on 1M (1 minute) timeframe. Parameters and Preset You can use default parameters from Preset eurusd_m1.set Note: For brokers with 5 digit price quotes Some brokers have 5 digit price quotes (for example 1.12340) If your broker uses 5-digit price quotes (like Forexte broker) then use takeprofit=200, Trailing stop = 500 and Slipage = 30. If your broker uses 4-digit price quotes (like Alpari and InterbankFx) then use default settings. If you are using small deposit under 2,000 usd then set the Lots = 0.1 If you have large deposit over 10K then set the Lots = 1 LotsRiskReductor – Defines the risk To let program use AutoLot management (it means that IE decides the lot size itself) the variable Lots should be set to zero. So LotsRiskReductor will define the risk size. LotsRiskReductor can be from 1 to 10. 1 means 100% of risk of deposit. 10 means 10% risk. MaxOrders – maximum number of open trades at the same time MaxLots – maximum lots aaa and bbb are internal variables, do not change them TakeProfit and StopLoss – profit and loss limits TrailingStop – trailing stop feature SpanGator – same as trailing stop SlipPage – slipperage of orders TrendNonFlat – defines the flat market SafetyGapDemarker and SafetyGapWPR defines Demarker and WPR internal indicator parameters BackTest on History Great results in 2007-2008: 700% of profit in 1 year! Made 74,035 from 10,000 usd! |
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