Robot catalog

OzFx - Expert for MetaTrader 4

OzFx
TypeExperts PlatformMT4 Version10 Date created11 February 2016 Date updated18 August 2017
Formatmq4 Size3.4Kb Downloads239 Rating
3.8 of 5
based on 51 rates

It is an automated adviser for MT4 and used exclusively for trading on the EUR/JPY tool on the daily chart. The adviser analyzes the market using the indications of Stochastic indicators and Bill Williams' Accelerator Oscillator. On the chart, Stochastic is represented by a blue line, and the Accelerator Oscillator is green. Trading signals appear when the following conditions are met:

  • To buy: the green line crosses the zero mark, moving upwards, and the Stochastic line is above level 50;
  • To sell: the green line crosses the zero mark, moving down, and the Stochastic curve is below level 50.

When a trading signal appears, the advisor will open five orders with the same lot and set Stop Loss at 100 points for each of them. After the first order is closed with a profit, Stop Loss will reach a break-even point on other orders.

Share

Most popular robots

bbma
MT4
Indicator
bbma
MBFX Timing
MT4
Indicator
MBFX Timing
MultiZigZag
MT4
Expert
MultiZigZag