Phoenix

Phoenix Expert Advisor catches only big market impulses and, as well as Flying Dragon Expert Advisor, does not trade on the range market. This flat market analysis technology that works a long time in our dealing center has proved its efficiency in real market trading and, therefore, this technology is used as basis of many of our trading systems (both manual and automatic). However, in this system includes the big impulse function with big Take-Profit. We noticed that as soon as an impulse starts, it can be determined by second-rate signs and it's possible to enter a trade with relatively small Stop Loss (400-700 pts.) and a big Take Profit (2500-5000 pts.). This gives profit/loss ratio 4-8 times higher.

Phoenix Expert Advisor is not overloaded with input parameters, which shows its simplicity. At the same time, its unique algorithm works quickly. The Advisor analyses market only once during chosen timeframe, H4 in our case. It does not overload trade server and throw out dozens of orders to the market, it just waits for its time and enters the market on big market impulses only.

We did not use Martingale risk-management and order grids. only one position can be opened at one currency pair at a time. This allows using the Expert Advisor on several recommended currency pairs simultaneously. Recommended currency pairs: EURJPY, GBPUSD, GBPJPY, NZDUSD, USDCHF, USDJPY. These are good trend low-risk currency pairs with low spreads (except GBPJPY, but it used for its volatility). These currency pairs are used for trading in our dealing center and we can recommend them to you. You can try using other currency pairs and other financial instruments. This may increase earnings, as well as risks.

Recommended parameters are specified for 5-digit quotes, although an Expert Advisor may be used for 4-digit quotes. It works both with Market Execution and Instant Execution.

Input parameters

Main parameters:

• MovingPeriod - MA period, which determines trend on the market and the entry price.
• MovingShift - minimum interval of signals to open market transactions.
• dovz - the maximum value of the bar that broke MA and gave the market entry signal.

Expert Advisor's risk-management:

• Takeprofit - order for taking profit.
• Risk - risk per trade, in percentage terms.
• Xit - number of decimal places in the lot value of the borker.

Options for admissions to work:

• sk - slippage at position opening.
• Magic - identifier of the orders when the Expert Advisor is used on several currency pairs simultaneously.

Recommended Parameters (timeframe H4)

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