FTMO M15 Robot for EURUSD

The Beta FTMO M15 Robot is designed for trading the EUR/USD currency pair on the M15 (15-minute) timeframe. The strategy is based on a combination of multiple technical indicators, including Envelopes, DeMarker, Accelerator Oscillator, MACD, Williams’ Percent Range, and RSI, to filter trade entries and exits. The robot operates within a specific trading window from 01:00 to 23:00 server time, optimizing its performance by avoiding low-liquidity periods. Here is overview of the strategy:

• Lot Size: 0.10 lots (Entry_Amount)
• Stop Loss: 30 pips
• Take Profit: 60 pips
• Indicators Used:
  • Envelopes: 40-period, 0.08% deviation. The Envelopes indicator helps define dynamic support and resistance levels, with price movements beyond these levels triggering potential trade setups.
  • DeMarker: 53-period, level 0.47. The DeMarker indicator is used to assess overbought or oversold conditions. Readings above 0.47 suggest potential market exhaustion.
  • Accelerator Oscillator: 0.0000 level. The Accelerator Oscillator filters trades by confirming momentum shifts in the market.
  • MACD: Fast EMA 2, Slow EMA 5, MACD SMA 9. The MACD (2,5,9) provides additional trend confirmation, detecting early-stage momentum changes.
  • Williams’ %R: 53-period, level -20.0. The Williams’ %R (-20 level) ensures that trades align with high-probability overbought/oversold conditions.
  • RSI: 14-period, level 30. The RSI (14, 30 level) further refines trade entry by confirming the strength of the trend.

For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robots.Disclaimer: This BETA Robot is for educational purposes and is free to download. Get the FTMO M15 Robot for EURUSD and test it on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.