ALGO FX EA 5 DAY TRIAL

🛡️ ALGO FX EA — Advanced Risk Control with ATR & Hedging Logic
Enhanced features with virtual strategy-tester guidance

📌 Overview

ALGO FX EA is a risk-managed Expert Advisor built for volatile instruments using a hedging-style approach. It offers strong control over position sizing, trade timing, and take-profit management, including ATR-based dynamic TP. Designed to be practical for both newer and experienced traders, it focuses on flexibility, protection, and structured execution.

🧪 Virtual Hedge Backtesting (Strategy Tester Concept)

MT4’s Strategy Tester does not support true multi-symbol trading, which limits direct testing of hedging strategies. To address this, the EA includes a conceptual workaround that simulates virtual hedging behavior during testing. While it is not a perfect substitute for live execution, it helps validate core strategy logic before deploying on a real account.

⚙️ Key Features

• ✅ Manual or automatic lot size calculation

• ✅ ATR-based dynamic take profit

• ✅ Time-controlled trading sessions (GMT)

• ✅ Compatible with major FX pairs and Gold

• ✅ Spread filter for cleaner entry conditions

• ✅ Equity-based loss cutoff (Loss_USD)

• ✅ Optional continuous trading mode

• ✅ Built-in Magic Number system for trade management

🔧 Input Parameters (EA Settings)

Lot & Risk Management

• Lot1 — Fixed lot size (used when Auto_Lot = false)

• Auto_Lot — true: automatic lot sizing based on risk | false: manual lots

• Max_Risk — % of equity used to calculate lot size (Auto mode)

• Max_Lots — Total lot exposure limit

• multiple_total — Controls lot progression in the hedging/grid logic

TP / SL Configuration

• Take_Profit — Take profit in points (fixed or ATR-based depending on Open_ATR)

• Stop_Loss — Optional stop loss in points (generally not preferred for this logic)

• Open_ATR

  • true: enables ATR-based dynamic take profit

  • false: uses fixed Take_Profit value

Trading Session & Execution Rules

• Start_Time / End_Time — EA operating time window (GMT)

• Max_Open — Maximum number of simultaneous trades

• Max Spread — Filters entries when spread exceeds allowed threshold

Equity Protection

• Loss_USD — Equity loss threshold to close all positions (0 to disable)

Operation Mode

• Continuous_trading

  • true: EA continues trading after profit

  • false: EA removes itself after total profit is reached

Trade Identification

• Magic_Number — Unique trade identifier for independent management

📊 Recommended Symbols

The EA can run on most symbols, but it tends to perform best on higher-volatility major pairs such as:

• AUD/JPY

• NZD/JPY

• AUD/USD

• CAD/JPY

⚱️ Gold Notes

• If Gold is quoted with 2 or 3 decimal digits → multiply TP by 10 (e.g., 20 → 200)

• If Gold is quoted with 1 decimal digit → use TP as-is (e.g., 20 = 20 points)

📉 Spread Filter

Max Spread: 0.3 pips
Helps avoid entries during unfavorable spread conditions.

⏱ Recommended Timeframe

M5 (5-minute)
Suitable for short-term execution and frequent hedging-style opportunities.

💰 Capital & Leverage Guidelines

• Minimum recommended capital: $5,000
  (recommended for running 1 pair from the suggested volatility list)

• Starting lot size: 0.02

• Recommended leverage: 1:400 or higher

🌐 VPS & Broker Suggestions

✅ Recommended Broker:
👉 https://one.exnesstrack.org/

✅ VPS Hosting:
👉 https://www.forexvps.net/
Reliable 24/7 hosting with low latency for MT4/MT5 environments.

⚠️ Disclaimer — Risk Warning

Trading financial markets involves significant risk and may result in partial or total loss of capital. This Expert Advisor is a support tool and does not guarantee profits. You are solely responsible for all trading decisions and outcomes. Always apply strict risk management and never trade with money you cannot afford to lose.

📌 Trade smart—use professional tools with discipline and caution.