Trend wave. (EMA and RSI) MT4 Expert advisor ™ TFK ALGO

SKU 00009
€2.45
In stock
1
Product Details
  • EMA filters (two EMA pairs): Both Tandems must confirm the trend direction. Price must close above fast EMA for long trade and vice versa for short position.
  • RSI signal: Position will be entered once RSI closes within overbought/oversold zone and subsequently closes back within the 70 -30 range. Expert advisor will sell at 70 line and buy at 30 line. EA considers only closed data of the indicator as a signal.
  • Universal trailing stop (Extra deviation for the trail stop). Based on EMA fast period. Extra deviation can be applied to put TS further away from the entry. TS will be adjusted with each consecutive candle close, only in the direction of winning trade.
  • Take profit points: Take profit.
  • MAX number of trades (1 in test): Expert advisor can work with more than one trade opened per side. This parameter will modify number of trades that can be opened per side at the same time.
  • MAX slippage: Modify maximum acceptable slippage for expert advisor to enter the trade.
  • Spread filter: Define maximum acceptable spread for expert advisor to enter the trade.
  • Lot size: Define the lot size for each trade executed by the expert advisor.

Rules of the expert advisor

SELL


  1. In both EMA tandems EMA fast trending below EMA slow. Downtrend is present in the market. Enter short only.
  2. RSI signal rising above 70 value. Once it closes back below it, enter the trade short.
  3. Trailing stop is placed on fast EMA + extra deviation for TS above.
  4. Take profit is also placed upon entry.

BUY


  1. In both EMA tandems EMA fast trending above EMA slow. uptrend is present in the market. Enter long only.
  2. RSI signal falling below 30 value. Once it closes back above it, we enter the trade long.
  3. Trailing stop is placed on fast EMA - extra deviation for TS below.
  4. Take profit is also placed upon entry.

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


  • Bars in test 87138
  • Ticks modelled 138132110
  • Modelling quality 90.00%
  • Mismatched charts errors 0
  • Initial deposit 2000.00
  • Spread 10
  • Total net profit 1438.05
  • Gross profit 5587.57
  • Gross loss -4149.52
  • Profit factor 1.35
  • Expected payoff 4.16
  • Absolute drawdown 360.64
  • Maximal drawdown 550.63 (25.14%)
  • Relative drawdown 25.14% (550.63)
  • Total trades 346
  • Short positions (won %) 154 (50.65%)
  • Long positions (won %) 192 (48.44%)
  • Profit trades (% of total) 171 (49.42%)
  • Loss trades (% of total) 175 (50.58%)

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.

Save this product for later

SSL encrypted.

Instant and secured electronic delivery. One time payment secured by PayPal.

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. 

WHAT TRADERS SAY