Forex advisor (robot) based on whole day intraday automated trading


System: Metatrader 4
Needed indicators: 5 indicators included
Timeframe: H1
Currency pair: EURUSD, AUDUSD
Limits by accounts: No
Broker account: any

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System: Metatrader 4
Needed indicators: 5 indicators included
Timeframe: H1
Currency pair: EURUSD, AUDUSD
Limits by accounts: No
Type of trading: Short-term automated trading
Neural network: light
Number of signals using in trading: 5
Broker account: any account
Moneymanagement: yes
Using with other EAs: yes
Max. spreads allowed: any
TakeProfit and StopLoss: 136 – 218 pips max.
Size of TakeProfit or StopLoss: 136 – 218 pips
Duration of trades: average 15 min – 16 hours
Time of trading: 1 day
Lots: 0,01 – 100
VPS or Laptop: need 24/5 online

Intraday is another way of saying “within the day.”

Using indicators:

  • Average True Range indicator;
  • Bollinger Bands indicator;
  • Ichimoku Kinko Hyo indicator;
  • Momentum indicator;
  • Average Volume indicator.

The average true range (ATR) indicator is a measure of volatility.

Bollinger Bands indicator – using a moving average with two trading bands above and below it. Unlike a percentage calculation from a normal moving average, Bollinger Bands simply add and subtract a standard deviation calculation.

Ichimoku Kinko Hyo indicator – used to gauge momentum along with future areas of support and resistance. The Ichimoku indicator is comprised of five lines called the tenkan-sen, kijun-sen, senkou span A, senkou span B and chickou span. This indicator was developed so that a trader can gauge an asset’s trend, momentum and support and resistance points without the need of any other technical indicator.

The Momentum indicator is a speed of movement indicator designed to identify the speed (or strength) of price movement. The momentum indicator compares the most recent closing price to a previous closing price (can be the closing price of any time frame).

Average Volume indicator – compare the average volume for the specified period to determine if volume is above or below average.

Profit chart


What do you need for trading with advisor:

  1. Open broker account or use existing.
  2. PC, Laptop or VPS for trading software (Metatrader 4) from your broker (PC must be online 24/5).
    To ensure the 24-hour operation of the Metatrader 4 we recommend this Forex VPS Provider:
    Forex vps provider
  3. Initial deposit on broker account for trading.
  4. Pack of expert advisors from our shop must be installed in the Metatrader according to video tutorial or FAQ.

Strategy tester video

Completed trades: