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vStore   VTL Plugins Free Forex Profit System - Server Side Expert Adviser

Forex Profit System - Server Side Expert Adviser

Profit

Forex Profit System is a Server Side VertexFX Expert Adviser. The EA is based on three exponential moving averages , and parabolic stop and reverse indicator.

Trading rules are:
1. Buy when ten period exponential moving average cross above 50 period exponential moving average and ten period exponential moving average is above 25 period exponential moving average and stop and reverse is in buy mode.
2. Sell when EMA 10 cross below EMA 50 and EMA 10 is below EMA 25 and SAR is in sell mode. 
3. Exit buy when trade makes 10 pip profit and EMA 10 is declining.
4. Exit sell when trade make 5 pip profit and EMA 10 is rising.

Forex Profit EA manages the trade well. It locks in profit with trailing stop loss as well as exit from trades when it finds the market conditions are not favorable as the ten period EMA begins to move in opposite direction.

Before running the EA on server, set the parameter values at the top of the script file. Specify the symbol to trade in the "Symbol" parameter, chart time frame in "Chart Period" and other parameters like target, stop-loss etc. The EA runs on the server even if the trading terminal is closed on the local machine.

Usage

  • Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
  • Copy it to your company VertexFX Local VTL Files folder i.e. C:\Program Files\Company Name\vtl10\Local VTL Files\
  • Restart your Client Terminal or Right Click on "Local VTL Scripts" Tree Node to find the script.

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27 October 2015
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Disclaimer: Hybrid Solutions is the VertexFX trading platform vendor, provides technology only for the financial institutes and does not have any intervention in any financial role or in the trading cycle. Hybrid Solutions clears its responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.

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