Rebate Robot Commission Forex EA | Official Price: 75 USD
Strategy details: https://www.mql5.com/zh/market/product/5328
Forex EA Name: Rebate Robot Commission Forex EA. Recommended currency pairs: EURUSD, AUDUSD Timeframe: H1
Parameters: Default settings Capital: 10,000 USD Spread: ECN account
This EA starts adding positions at a distance of 300 micro pips and activates a protective mechanism after reaching 6 layers (meaning that after 6 layers of orders, only the first one will be closed, and the overall position will be limited to within 6 layers). There are also signal filters during the process, and it does not open multiple positions at any time. It typically opens positions in the direction of the trend during trending markets, but there's also a possibility of counter-trend trades. It has successfully navigated major trends in AUD/USD and EUR/USD over the course of three years with maximum floating losses of around 5,000 USD. The parameters include a stop loss mechanism that can be adjusted accordingly.
This EA is especially recommended for martingale trading, which helps keep the account mostly in positive territory. It's advisable to avoid trading GBP pairs and strongly trending instruments, as the GBP/JPY trend can lead to margin calls due to its relentless movements.
Input parameter description:
This product works on both 4 and 5 digit pricing platforms. When using 4-digit pricing, multiply pips by the input parameters equal to 1. When using 5-digit pricing, it is 10 (input multiplied by 10).
Initial Lot – Initial lot size Maximum Lot – Maximum lot size Lot Multiplier – Multiplier for lot size on subsequent orders Maximum number of positions – Maximum number of positions allowed by the EA Pips multiplier – Multiplier for pips if you're using 5-digit pricing (equals 10) Grid Step, pips – Distance in pips between each order Slippage, pips – Maximum allowable slippage Take Profit, pips – Take profit level in pips Take Profit 2, pips – Take profit level for specific orders, which can be as low as 2 pips First Order with Take Profit 2 – The first order to use Take Profit 2 Trailing Stop, pips – Distance in pips to activate the trailing stop Profit for TP activation, pips – Required profit in pips to activate trailing stop Trailing stop step, pips – Step distance for the trailing stop
