This free DAX (GER30/40) is designed for automated forex trading on the MetaTrader 4/MetaTrader 5 platform. It is optimized for the M15 timeframe based on its strategy configuration.
Trading Parameters:
- Initial Lot Size: 0.1 lots
- Stop Loss: 6640 pips
- Take Profit: 29790 pips
Indicators Used:
- Accelerator Oscillator
- Moving Averages Crossover
- Williams’ Percent Range
Risk Management Features:
- Max Spread: Limits trade execution
- Max Open Positions/Lots: Prevents excessive exposure
- Max Daily Loss & Drawdown: Stops trading after set limits
- Min Equity Threshold: Ensures account protection
- News Filter: Avoids trading during high-impact events
For optimal performance, it’s advisable to use brokers with low spreads, like BlackBull Markets. The robot is designed to work effectively with default settings, but users can apply custom set files to align with individual trading preferences. Always test on a demo account first. Robots are used entirely at your own risk.
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robot.
Disclaimer: Trading forex carries high risks and may result in total capital loss. Only risk capital should be used. Test the EA extensively on a demo account before live trading.
