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Posted

Very interesting Free Forex EA that you may try.

( source: available for free on the web ) :-?

 

 

 

Phoenix Forex expert advisor is a very complicated EA.

It uses many standard MetaTrader 4 indicators (like moving averages and envelopes)

to determine the position entry and exit points as well as position parameters.

This expert advisor has many input parameters and internally stored data sets for each

of the five currency pairs it can be used to trade with.

GBP/USD USD/JPY EUR/JPY GBP/JPY USD/CHF, timeframes - all. ( Try 15 min )

 

 

http://www.karldittmann.com/ea.html

 

All info, downloads and user guide

 

 

 

 

Regards

caza >:)

Posted

I left defoult setting,mode 1,only put 30-40 pips tp,but this EA do it all itself,today another win on GBPJPY NFP news,+55 pips,wow.

i see,the best pair is USDCHF (all 4 win,by 30-40 pips each trade) and GBPJPY(5 win,one lose 95 pips,but total +105 pips just for 3 days.Not bad,see next week.

Posted
I use interbank with 5 digit too,just left as is,even you can put own sl and tp,doesn't matter.This EA just wait breakout pattern to form at 42 tp and 80 sl and enter in trend.Simple,but effective for a while.I change only mode to 1,thats it.

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