Free FOREX trading robot Forex Tramp Pro

ARGOLab is glad to present today a free forex trading robot Forex Tramp Pro. This is an updated and extended version of our popular free Expert Advisor Forex Tramp https://www.argolab.net/forextrampea.html

Forex Tramp Pro is a martingale EA that trades breakouts of the price from the trading channel. First of all, EA determines the trading range (channel), in which the price spends most of the time. When the trading range is determined, EA sets pending orders on its borders, buy-stop on the upper border and sell-stop on the lower border. All trading orders have take-profit and stop-loss levels. When the breakout occurs, one of the pending orders is triggered and goes into market. Only one trading order can be in the market at a time. If the breakout turns out to be a false one, the order is closed by its stop-loss. In order to compensate this loss, the volume of the next order is increased. When the take-profit is reached, the obtained profit compensates the losses of the previous orders and the additional target profit is gained.

Recommended pairs: AUDUSD, EURJPY, EURUSD, GBPUSD, NZDUSD, USDJPY.

Recommended money management: deposit 5,000 (USD or USD cent) for starting lot 0.01 (1 lot = 100,000) for trading with all recommended pairs.

Recommended brokers:   RoboForexForex4youinstaforex,  AlpariFxOpen

VPSmyForexVPS , myFXvps, ChocoPing

Real-live performance monitorings:
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Polling, activation schemes

Dear User,

ArgoLab does its best to provide a wide choice of opportunities for the users. We are now considering ways to extend the activation methods of our commercial EAs. In our products we are using 5 different activation schemes. In this polling we would like to ask your opinion on which of these schemes are best suitable for you.

Our current activation schemes:

· By the account number, mqllock protection (Forex Warrior, Fx Splitter, StrikeFx, Easy Walker Fx),

· Unique computer ID number, mqllock protection (AsA Fx),

· Mql5 market protection, limited number of activations,

· By the AccountName, the unique user name of the account of your broker (ArgoCopier, Tricky Twister),

· Unique computer ID number, (Forex Warrior PRO).

 

The most widely used activation scheme in our EAs is the mqllock protection, by the account number or by the computer identification (CID) number. The activation by the account number is preferable for those users that trade on a single account. The EA can be run on any computer (VPS); the account number can be changed on the request by our support team. The EA activated by the CID number can operate only on the activated computer (VPS); on this computer EA can be used on arbitrary number of accounts and MT4 instances; the CID number can be changed on the request. The drawbacks of the mqllock protection are slow backtests and a larger CPU load.

In several our EAs we used also the activation scheme through the MQL5 market. The experience was not very successful. Their system is not suitable for complicated EAs, does not allow proper support of users, updates and preset distribution, has a ridiculous moderation system and many other drawbacks.

A perspective scheme is the activation by the Account Name, which is the user name of the broker account. In this case, EA will work on any account of the activated broker, from any computer/VPS. Advantages of this scheme are also high-speed backtests, minimal load on CPU, no need to contact the external license server.

We would like to know your opinion:
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EA SINGLE

Single is a new generation network averager. It builds the dynamic channel and bounces between the boundaries. The Advisor is resistant to short-term shutdowns, it always places Stop-Loss and Take-Profit orders, and even after long shutdowns it restores the net of orders, but this may increase the trading risks.

Now there are proven sets for moderate trade.

In the near future we will publish some sets for risky trading. Moderate sets are the sets that are most stable and that have been tested many times. When trading these sets the deposit must be at least $ 4500 or 4500 cents. With such margin requirements the income will be from 10 to 20% of the deposit per month.

Pairs:
EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, EURGBP – there are ready-made sets of settings and drawdown calendar available for these pairs. You can trade all pairs at a time, but disable one of the “satellite” pairs for the dangerous periods in the drawdown calendar.
You can optimize the advisor to other couples. We will try to expand the number of tools for trade.

Recommended brokers:   RoboForexForex4youinstaforex,  AlpariFxOpen

VPSmyForexVPS , myFXvps, ChocoPing

Requirements for the Advisor:
Platform: Metatrader MT4.
Operation mode: 24/7
Leverage: 1: 500
Minimum deposit: 10000 $ or 10000 cents

The first month of using the EA for free. For the EA after the free period are charged 18% of the profits of your trading transactions for the previous period.

Accounting profits of your trading transactions occur in your account, only after registering and accepting the contract offer.

https://fairforex.org/

    

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News from ARGOLab

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Dear friends,

In April 2016 we celebrate the 4th anniversary of the ARGOLab team. To mark this event, we are happy to announce numerous offers and special discounts for all our trading robots (EAs).

 

Mega discount – more than 40% off – to the asian session scalper Easy Walker Fx

This  EA has a real trading history of more than two years. It is one of very few trading robots on the market that show stable and profitable results in the real trading environment.

A discount for the additional license is also available, ask support for details.



 

Forex Warrior, popular EA with a large functionality. The special discount price for the full license 179 $

The discount price for the additional license 129 $, ask support for details.



 

The discounted price for Tricky Twister is 149$ in mql5 market. For direct payments, the discounted price is just 139 $. The license is valid for any number of active trading accounts.



 

Impressive results are obtained in the forward tests of our latest EA AsA Fx, with the gained profit of almost 300%

An update of the EA is going to be released soon, which will enhance the reliability and functionality of the EA. For ALGOLab uses, the special price is 129$, for a license without restrictions to the number of trading accounts.

 

We accept direct payments to WebMoney, PayPal, Skrill and QIWI. Ask support for details.

Other news from ARGOLab:
single_box2
Our new EA OC Single is launched recently in the Russian part of the forum http://forumargolab.net/forums/single.81/ This EA uses an innovative monetization scheme: you pay for trading with this EA only from your profits, only in the case EA had produced actual profits on your account. The prices are very generous: the first month of trading is free, any following month costs 15% – 18% of the actual profit EA has produced. Demo trading and backtesting are free of charge.

 



On our forum, an open beta testing of a new EA Forex Tramp Pro is currently going on. You are invited to take part in this beta testing, on a demo or on a real trading account. Testing will be open till July 2016. http://forumargolab.net/forums/forex-tramp-pro-eng.80/

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Free beta test of the trading robot Forex Tramp Pro

argo_soft_8Attention: today we offer you a unique possibility to take part in a free beta testing of the new forex trading robot (EA) by ArgoLab, Forex Tramp Pro. During the whole testing period, EA will work on any demo or real trading account of any broker without any restrictions.

 

Forex Tramp Pro is a martingale EA that trades breakouts of the price from the trading channel. First of all, EA determines the trading range (channel), in which the price spends most of the time. When the trading range is determined, EA sets pending orders on its borders, buy-stop on the upper border and sell-stop on the lower border. All trading orders have take-profit and stop-loss levels. When the breakout occurs, one of the pending orders is triggered and goes into market. Only one trading order can be in the market at a time. If the breakout turns out to be a false one, the order is closed by its stop-loss. In order to compensate this loss, the volume of the next order is increased. When the take-profit is reached, the obtained profit compensates the losses of the previous orders and the additional target profit is gained.

Recommended pairs: AUDUSD, EURJPY, EURUSD, GBPUSD, NZDUSD, USDJPY.

Recommended money management: deposit 5,000 (USD or USD cent) for starting lot 0.01 (1 lot = 100,000) for trading with all recommended pairs.

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Forex Edge EA

argo_soft_8

Trend-following EA, without any magtingale etc.
There are 3 in-built strategies.
The first strategy trades breakouts of the volatility (in the direction of the breakout).
The second strategy increases the position in the direction of the trend after the price pulls back.
The third strategy trades false breakout (fakey), reverting the position.

Pic0000
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ASA FX – Asian session averager

ASAFx_27-1We are glad to announce the start of sales of our new Expert Advisor AsA Fx.

AsA Fx is a fully automatic Expert Advisor for MetaTrader 4 terminal.

This EA is capable of trading all currency pairs, metals and indexes. The trading strategy of AsA Fx is based on the Support-Resistance levels (SRLs). AsA places buy limit/sell limit orders on the nearest SRLs outside of the trading channel. In most cases, after triggering the limit order, price retraces, bringing us a quick take-profit. If not, EA places the next order on the next SRL, with a larger lot size, aiming for the price retracement. If the price continues its movement against the position, AsA opens a grid of orders on the consecutive SR levels, with the maximal number of grid layers specified in the settings. The AsA strategy is the most successful traded during the Asian trading hours. An essential part of the EA is a news filter based on the FFCAL news indicator. It is not recommended to trade some time before and some time after the news on the traded currencies.

AsA real-live performance monitorings:


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AsA Fx– Beta test

argo_soft_8Dear Friends,

Today we announce a free testing of our new forex trading robot, AsA. Within a month testing period, AsA can be used without any restrictions, both on demo and real accounts.

AsA – multicurrency martingale trading robot

AsA forex Expert Advisor  uses a trading strategy based on the Support-Resistance levels (SRLs). AsA places buy limit/sell limit orders on the nearest SRLs outside of the trading channel. In most cases, after triggering the limit order, price retraces, bringing us a quick take-profit. If not, EA places the next order on the SRL, with an increased lot size, aiming for the price retracement. This strategy is the most successful traded during the Asian trading hours, since the begin of the London session usually brings us the retracements of the price need for closing the basket of order by the take-profit.

An essential part of the EA is a news filter. It is not recommended to trade when the news are expected. In the case of really important news, it is recommended to switch off EA for the whole night.

AsA real-live performance monitorings:


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ArgoGuardian – a guarding angel of your deposit.

argo_soft_8ArgoGuardian is a new free trading utility from ARGOLab. This is an Expert Advisor, whose main purpose is to control the floating profit/loss on your deposit. When the floating profit or the floating drawdown on the account reaches the prescribed value, EA will close all open orders or place the full lock on open positions, delete all pending orders, notify the user by e-mail, and then stop.

An important feature of ArgoGuardian is the “locking regime” (UseLock = TRUE setting). In this regime, ArgoGuardian does not close trading orders but places the full lock on them. Specifically, for each open position, ArgoGuardian will open the opposite position of the same volume and remove all stop-loss and take-profit levels, thus “locking the position”. This method is used by many experienced trades in order to escape losses in difficult situations.

After performing its tasks, ArgoGuardian can release the AutoTrade button in the MT terminal, thus preventing other EAs from opening new positions (AutotradeOFF=TRUE setting). ArgoGuardian can also close all charts in MT terminal before closing the orders. This might be useful in order to prevent “fighting of EAs”, when ArgoGuardian closes orders while other EAs open them again (CloseCharts=TRUE setting).

ArgoGuardian can notify the user by e-mail in case the prescribed level of drawdown is reached. It is recommended to set up the notification level of drawdown well apart from the level of drawdown at which the loss is taken, so that the user may have enough time for possible manual interventions. The notification level of drawdown is set up by settings MaxDD_Email, MaxDDPerCent_Email, MaxDDEquity_Email.

ArgoGuardian has a powerful selection of filters, which determine which orders are taken care of, that is, included into the calculation of profit/drawdown and, if needed, closed/locked. With the default settings (Symbols = All, Magic = -1), ArgoGuardian takes care of all trades on your account. However, if Symbols  = ThisSymbol is set, ArgoGuardian will account for only trades on the symbol of the chart to which ArgoGuardian is attached. The setting Symbols  =  MaxDDSymbol tells EA to account for only the symbol with the maximal floating drawdown.
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ArgoLotCalculator: free utility for visual money management

ArgoLotCalculator is a very intuitive and easy-to-handle tool that helps you to do the money management in your trading.

There are two (by far) the most widely used money management schemes in trading.  In the first scheme, all trades are opened with the same volume. In this case, the trader needs to know which profit (loss) will occur if the takeprofit (stoploss) level of the trade is hit. We call this the “Fixed Lot” scheme. In the second scheme (“Fixed Fraction”), the trader prescribes the risk that should be taken in the trade (that is, the loss in the case of hitting stoploss) and calculates the volume of the trade accordingly. Still, the trader needs to know what the profit of this trade will be. ArgoLotCalculator is designed to provide you with all necessary information for these two money management schemes.

ArgoLotCalculator has a button, an  information window, and three horizontal lines.

Capture

The blue line represents the open price of your (would-be) order, the orange line is the take-profit, the pink line is the stop-loss. You can pick up the lines by your mouse and drag them to any position).

When the money management scheme is Fixed Fraction (LotMode = FixedFraction in the settings), the information window of ArgoLotCalculator shows you the required lot size of your order calculated for the stop-loss you selected with the lines on the screen. More specifically, in information window you see: the money management scheme (Fixed Fraction), the desired risk set up in the settings (1% of the balance per trade), the total balance of your account (you can set up a “custom” balance in the settings), the calculated value of the lot size, the take-profit and the stop-loss as set up by the lines, in points, in units of the deposit currency, and in % of the balance. Move the lines and observe how the values are changing.

The second money management scheme is switched on by setting LotMode = FixedLot. The information window now looks differently:

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