Adviser Progressor 1.9
The Progressor advisor is a unique development of domestic traders, which included a profitable algorithm that allows people to make profits on complete autopilot. This Expert Advisor is fully automatic, so even a beginner will not experience discomfort when working with it due to the lack of certain skills.
This Expert Advisor has a long history of modifications, so the archive will contain several versions of the Expert Advisor, because they all have the right to exist.
Unlike the previous version, this expert is designed for trading on the euro/dollar and euro/Swiss franc currency pairs. The work is carried out on a five-minute chart.
To work with the Expert Advisor, it must be installed in your trading terminal. To do this, download the file with the advisor at the end of the article and unzip it. Through the file tab in your trading terminal, open the data directory. Place the advisor itself in the expert folder, and the library in the Libraries folder.
After restarting the trading terminal, go to the list of advisors and drag it to the euro/dollar currency pair on the five-minute chart. To trade on a real account, in the settings that appear in the key line, you must specify the developer's key. This key is formed using the following formula: your account number * 2+. 1000001. For example, if your account number is 12345, then the password will be 12345*2+1000001=10244691 Also, in some versions of this expert, the key is calculated as follows: account number + 2.
The main feature of the expert is the use of a correctly configured martingale and a hedging strategy when averaging is triggered. The settings are varied, but almost all of them are responsible for setting up money management .
The Lot line is responsible for the initial lot with which the advisor opens. The Distance line is responsible for averaging the position and shows after how many points the next order with an increased lot will be opened.
In the Level line you can change the maximum number of open orders.
In the Multiplier line you can change the multiplying factor in case of a losing position. In the Hedge line, you can enable position hedging in case your position goes in the wrong direction.
In the Hedge Start line, you can specify from which account order hedging will begin.
The advisor also contains a number of settings to protect your account from the hands of an unclean broker. To do this, change the Invisible mode to True and the broker will not be able to see your stop orders and profits.
I decided to do the first test on the euro/dollar currency pair with default settings. The test period is from January 1, 2015 to May 21, 2015. Time frame is five minutes. The test result is shown in the picture below:
The maximum drawdown reached 12 percent of the deposit, but overall it was quite profitable. The following test was performed on the Euro/Swiss franc currency pair. The testing period is from January 1, 2015 to May 21, 2015. Time frame is five minutes. The test result is shown in the picture below:
This expert will be suitable for people with a small deposit. To trade on a cent account, an advisor with a lot of 0.01 needs 10 bucks. If the lot is 0.1, then you will need $100 to trade. You can open these cent accounts with one of the cent brokers . Thanks for your attention, good luck.