Forex expert advisor based on Alligator and DeMarker indicators. Entry is performed in the direction of trend on candle signal coupled with demarker overbought/oversold zone. Trailing stop is used for best performance and to ensure that we take as much of trade profit as possible.
Used forex indicators:
Alligator : All three lines must aligned according to downtrend or uptrend. All trades are taken in the direction of trend.
DeMarker: Signal is triggered by Demarker reaching either overbought or oversold zone. Expert than waits for it to cross back within the middle range (0,3 -0,7). Signal must be coupled with candle closing in the direction of main trend.
Advanced trailing stop is preferred method for stop loss placement and take profit placement. Experts also have separate inputs for take profit and stop loss.
For the best results, trade with professional ECN/STP broker with MT4. If you can't trade with profit. Automatically copy the traders that are already profitable.
Notes to input:
Expert advisor is provided freely as it is.
For your own benefit, test is both on historical data and forward demo data.
Live use only on your own risk.
Is this expert advisor working as described ?
Was it helpfull?
Please let us know in the comments !
We recommend you to use this forex strategy with one of our trusted forex brokers (STP/ECN with MT4 bridge).
To win you must trade with broker on your side.
Dislaimer: 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.