Forex robot “Trio Dancer”: Profitable Market Dancer!

 

Hello, dear traders. We present to your attention profitable expert advisor “Trio Dancer”. Its distinguishing feature is the usage of three strategies, and usage of averaging in the case of loss. Profitability and predictability of the robot are proved by real trading.

 

Characteristics of the EA “Trio Dancer”

Platform: Metatrader 4
Currency pairs: any, preferably EURUSD or GBPUSD
Timeframe: any
Working hours: around the clock

Recommended brokers: Roboforex

Help on installing

We install the EA as usual. If you first encountered the Forex robots and you have a lot of questions — please read here. Attention! Since the EA is potentially dangerous, be sure to read the article about the basic principles of trading with the robots, based on average.

EA “Trio Dancer” Strategy

Attention! EA “Trio Dancer” uses martingale strategy. Sooner or later there will be a huge loss, however, with a periodic withdrawal of investment, probability theory works in our favor. After the withdrawal of the initial deposit, dangerous martingale strategy becomes immediately profitable and highly profitable.

EA “Trio Dancer” uses in trading three strategies simultaneously, named after the traditional dances on the island of Java (Indonesia): Jaipong, Keroncong, Tortor.

Strategies use entries based on standard indicators of Metatrader platform: MACD, RSI, Stochastic, CCI, Moving averages. Increasing in rates on the method of the martingale is used at losses. EA has trailing stop and money management settings for each of three strategies, as well as settings for the start of trading on Monday and end of trading on Friday.

Backtesting

2011

2012

2013

2014

Test results show that EA “Trio Dancer” get losses after some time of usage. Periodic withdrawal of profit is required to not be afraid of this outcome.

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Real account monitoring

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Description of settings

• Global Setting— global settings section
• Lots— initial lot
• LotExponent — lot multiplier when placing the next bend
• MaxLots — maximum lot size
• MM— money management section
• TakeProfit — size of take profit in pips (how many pips of profit you need to get to close the trade)
• UseEquityStop — use Stop on equity, it works when value = true
• TotalEquityRisk — value of Stop by equity
• Time Setting — section of time settings
• CloseFriday — close positions on Friday, works when value = true
• CloseFridayHour— the hour of closing positions on Friday
• OpenMondey — open positions on Monday, work when value = true
• OpenMondeyHour - the hour of opening positions on Monday
• Setting for Dancing Jaipong — the first strategy settings section
• MaxTrades_Hilo- maximum number of the first strategy transactions
• UseTrailingStop_Hilo — use a trailing stop for the first strategy, it works when value= true
• TrailStart_Hilo — number of pips before the start of the first strategy trailing
• TrailStop_Hilo — number of stop points of the first strategy trailing
• PipStep_Hilo— distance between the orders in the first strategy
• slip_Hilo— size of allowed slippage in pips for the first strategy
• MagicNumber_Hilo — magic for the first strategy
• Setting for Dancing Keroncong — section of the second strategy settings
• MaxTrades_15 — maximum number of deals on the second strategy
• UseTrailingStop_15 — use trailing stop for the second strategy, it works when value= true
• TrailStart_15 — number of pips before the trailing on the second strategy
• TrailStop_15 — amount of pips of Stop of trailing on the second strategy
• PipStep_15 — distance between the orders in the second strategy
• slip_15 — size of allowed slippage in pips for the second strategy
• G_magic_176_15— magic for the third strategy
• Setting for Dancing Tortor — section of the third strategy settings
• MaxTrades_16— maximum number of deals on the third strategy
• UseTrailingStop_16— use trailing stop for the third strategy, it works when value= true
• TrailStart_16- number of pips before the trailing on the third strategy
• TrailStop_16— amount of pips of Stop of trailing on the third strategy
• PipStep_16— distance between the orders in the third strategy
• slip_16— size of allowed slippage in pips for the third strategy
• G_magic_176_16— magic for the third strategy

Attention! Don’t change anything in the EA parameters and use only the recommended values unless you really know what you’re doing!

Recommended money management

Lot 0.01 for every 2000 units of currency in your account. The table below shows recommended values of the minimum deposit for different account types.

Type of account	minimum lot size and lot step	Min. initial deposit	Brokers
Сent-NDD	0.01	20$ (2000 cents)	Roborofex
Cent	0.1	$200	Roboforex
Standart	0.01	$2000	Roboforex
Pro-accounts	0.1	$20000	classic type of account of the most brokers

Summary

EA “Trio Dancer” is a profitable robot, based on averaging, which successfully operates on real accounts of traders at an obligatory observance of rules of work with dangerous robots.

Important !!!

For correct operation of the EA, trading terminal must be working since the opening of the market on Sunday night before closing on Friday evening. If you have no way to keep the computer in working condition 24/5, it is recommended to use a service of VPS server.