EMA swing FX. (EMA) MT4 Expert advisor ™ TFK ALGO

SKU 00164
€4.90
In stock
1
Product Details
  • EMA crossover entry: EMA fast closing below EMA slow (while previous close was above) will trigger short swing entry. EMA fast closing above EMA slow (while previous close was below) will trigger long swing entry. Opposite signal will trigger closing of swing entry.

First level swing trades:

  • MAX number of swing trades (1): Expert advisor will open only 1 swing trade per side at the same time.
  • Closing module: EMA crossover: EMA fast closing below EMA slow (while previous close was above) will trigger closing of long swing entry. EMA fast closing above EMA slow (while previous close was below) will trigger closing of short swing entry. Account profit must be larger. Then minimum swing profit points.
  • Minimum swing profit points: Minimum profit necessary for closing of swing trade on EMA crossover.

Second level trades

  • Swing trades that failed will be averaged with the goal of closing them all with small profit. To trigger the averaging, swing trade must fail (trade reaches' min loss for averaging in account currency).
  • Min loss for averaging (in account currency) : minimum loss necessary to trigger averaging trades.
  • Short swing trade exists (we can enter averaging short trades).
  • Long swing trade exists (we can enter averaging long trades).
  • If averaging trade exists, we cannot enter averaging trade into opposite direction.
  • If averaging trade exists, we can enter swing trade into opposite direction.
  • Averaging module
  • Buy: If trade exists, new trade can only be opened if: current price is less than first position entry price- ((number of opened long trades*pyramiding step input)+pyramiding step).
  • Sell: If trade exists, new trade can only be opened if: current price is greater than first position entry price+((number of short opened trades*pyramiding step input)+pyramiding step).
  • Averaging step input: Distance between consecutive averaging trades in points. Each trade will opened on new candle open. If one candle covers distance equivalent to two or more averaging steps, more than one trade can be opened on same price level (but only on new candle open). Modify this input down for increased aggression of averaging.
  • Closing module for second level (averaging) trades: All existing trades are closed either in overall account profit or loss (max loss swing trades will remain open).
  • Target profit: target profit in account currency for closing of averaging trades together with swing trades.
  • MAX loss: If account loss falls below this value all existing averaging trade will be closed (add minus (-) before the value). This value should be high enough to be reached only by the second level trades.
  • Magic number buy/sell: Do not use on more than one currency per account and do not open any other trades (expert is closing trades based on equity). Each number must be different.
  • Magic number swing buy/swing sell: Do not use on more than one currency per account and do not open any other trades (expert is closing trades based on equity). Each number must be different.
  • Lot size: Define lot size for primary trades. It will be multiplied at second level.

Rules of the expert advisor

First level swing trades:

SELL:


  1. EMA fast closing below EMA slow (previous close was above). Downtrend starts. Enter short on first candle close.
  2. Minimum swing profit points were reached + Long EMA signal occurs.
  3. We close all existing trade in overall account profit.
  4. If trade fails and swing trade reaches' min loss for averaging, we move on to averaging trades (second level).

BUY

  1. EMA fast closing above EMA slow (previous close was below). Uptrend starts. Enter long on first candle close.
  2. Minimum swing profit points were reached + Short EMA signal occurs. We close all existing trade in overall account profit.
  3. If trade fails and swing trade reaches' min loss for averaging, we move on to averaging trades (second level).
  4. Second level trades (averaging)

SELL:


  1. No long averaging trade exists.
  2. Short swing trade exists, and is in loss (min loss for averaging)
  3. EMA fast closing below EMA slow (previous close was above). Downtrend starts. Enter short on first candle close.
  4. Averaging conditions are fulfilled (each consecutive entry on higher price according to averaging criteria).
  5. We close all existing trade in overall account profit or loss (loss will trigger closing of averaging trades only).
  6. While short averaging trade exists, we will still open long swing trades.

BUY:



  1. No short averaging trade exists.
  2. Long swing trade exists, and is in loss (min loss for averaging)
  3. EMA fast closing above EMA slow (previous close was below). Uptrend starts. Enter long on first candle close.
  4. Averaging conditions are fulfilled (each consecutive entry on lower price according to averaging criteria).
  5. We close all existing trade in overall account profit or loss (loss will trigger closing of averaging trades only).
  6. While long averaging trade exists, we will still open short swing trades.

Test Results (Tick EURUSD 1H, 2003.01.01 - 2016.11.24)



Expert advisor is based on transparent and fully tested forex strategy.

Original and transparent MT4 expert advisor. Developed and created by professional FOREX traders at www.theforexkings.com . Tested for profitability on EURUSD tick data since 2003. Thousands of viable input combinations available for EURUSD alone. Works with any timeframe and any FX pair.

Main features of this expert advisor:

  • Tested on high quality tick data: High accuracy testing on EURUSD tick data (1H). 100+ Viable inputs combinations for EURUSD pair alone.
  • All inputs unlocked: You can adjust and modify your expert inputs. It can be then applied on any time frame and any currency pair. You can modify the settings at will to achieve the best possible results and make the expert suit your needs.
  • Transparent expert advisor: No smoke and mirrors. Rules are clearly stated and functionality can be easily verified by manual charting on forward or historical data.
  • Works with most of the MT4 Forex brokers: Our expert advisors were adjusted to work with almost any MT4 FOREX broker.
  • Works with any time frame: Simply drag and drop the expert on time frames you would like to use.
  • Works on any currency pair
  • Expert advisor will not draw any indicators in your chart.

Disclaimer and user agreement:

Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer. TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.

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MT4 Expert advisor will work according to the description.You Backtest will match results of our backtest (using same test and inputs ). Expert advisor will work with your broker.

30 day money back guarantee.If expert doesnt closely match our test results, run the same test (timeframe, inputs, type).Send us the report. Allow few days to analyze and refund.

One time payment secured by PayPal. Lifetime license. FREE updates and support. You will recieve link for EX4 file immediately after the purchase. Download link will be also send to your email.

Easy, drag and drop installation.

 You will recieve EX4 file is ready to use. Copy the file into your MT4 Expert advisors folder and restart the platform.

ABOUT US

THEFOREXKINGS

“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 

 

Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of TheForexkings.com

DEVELOPED BY PROFESSIONALS

We are experienced Forex traders and developers, trading consistently since 2006. We have developed hundreds expert advisors both for ourselves and our clients.  We know what works and what doesn't in the FOREX . 

TRANSPARENCY

OF RULES

Each system is published with total transparency. Rules are stated in full. Each trader can verify system results by simply applying the rules on his chart. No smoke and mirrors, no overpriced secrets.

TESTED WITH

HIGH ACCURACY

Each of our systems is tested on more than a decade of high quality historical data. Each system must be robust enough, to have at least 100+ profitable inputs combinations. We use very robust candle based testing model (results are not dependent on unstable tick data).

200+ MT4 Expert Advisors

Only during 2016 - 2017 we have created (and published), more than 200 unique expert advisors. To be able to create 200 historically profitable EAs we had to create upwards to 400 other trading robots that failed our tests.This makes us one of the most prolific developer of trading systems in the world.

WIDE VARIETY

OF SYSTEMS

We do not discriminate. We test and produce all types of systems believing that there are countless ways to profit in the forex market. From ultra aggressive systems to conservative systems that will open a trade only once or twice per year. 

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