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RECRUITMENT OF PARTICIPANTS Expert Phoenix Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 8, 2020.

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  1. James Goldman

    James Goldman Moderator
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    phoenix-logo-200x200-8395.png

    Phoenix Expert Advisor catches only big market impulses and, as well as Flying Dragon Expert Advisor, does not trade on the range market. This flat market analysis technology that works a long time in our dealing center has proved its efficiency in real market trading and, therefore, this technology is used as basis of many of our trading systems (both manual and automatic). However, in this system includes the big impulse function with big Take-Profit. We noticed that as soon as an impulse starts, it can be determined by second-rate signs and it's possible to enter a trade with relatively small Stop Loss (400-700 pts.) and a big Take Profit (2500-5000 pts.). This gives profit/loss ratio 4-8 times higher.

    Phoenix Expert Advisor is not overloaded with input parameters, which shows its simplicity. At the same time, its unique algorithm works quickly. The Advisor analyses market only once during chosen timeframe, H4 in our case. It does not overload trade server and throw out dozens of orders to the market, it just waits for its time and enters the market on big market impulses only.

    did not use Martingale risk-management and order grids. Only one position can be opened at one currency pair at a
    time. This allows using the Expert Advisor on several recommended currency pairs simultaneously.
    Recommended currency pairs: EURJPY, GBPUSD, GBPJPY, NZDUSD, USDCHF, USDJPY. These are good trend low-risk currency pairs with low spreads (except GBPJPY, but it used for its volatility). These currency pairs are used for trading in our dealing center and we can recommend them to you. You
    can try using other currency pairs and other financial instruments. This may
    increase earnings, as well as risks.

    Recommended parameters are specified
    for 5-digit quotes, although an Expert Advisor may be used for 4-digit quotes. It works both with Market
    Execution and Instant Execution.

    Input parameters
    Main
    parameters:

    • MovingPeriod - MA period,
      which determines trend on
      the market and the entry price.
    • MovingShift - minimum interval of signals to open
      market transactions.
    • dovz - the maximum value of the bar that broke MA and
      gave the market entry signal.
    Expert Advisor's risk-management:

    • Takeprofit - order
      for taking profit.
    • Risk - risk per trade,
      in percentage terms.
    • Xit - number of decimal places in the
      lot value of the borker.
    Options
    for admissions to work:

    • sk - slippage at position opening.
    • Magic - identifier of the orders when the Expert Advisor is used on several currency pairs simultaneously.
    Recommended Parameters (timeframe H4)

    Parameter/Trading Instrument
    EURJPY
    GBPUSD

    GBPJPY
    NZDUSD

    USDCHF

    USDJPY

    <p align="center">A="Main parameters"

    MovingPeriod

    MovingShift

    dovz

    <p align="center">B="Expert's risk-management"

    Takeprofit

    Risk

    Xit

    С="Options for admissions at work"

    sk

    Magic

    11111111

    22222222

    33333333

    44444444
    55555555

    66666666

    phoenix-screen-2627.jpg phoenix-screen-2406.jpg phoenix-screen-1410.jpg phoenix-screen-4241.jpg phoenix-screen-3941.jpg

     
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