RioFx Trading System

Inspired by Chaos Theory Bill Williams. Using standard indicator metatrader 4 (Moving Average, MACD, RSI, Ichimoku, parabolic SAR, OHLC). Open Position is based on daily trend.

It was backtested and optimized using real ticks with high quality. The Expert Advisor has successfully passed the stress test with slippage approximate to the real market conditions.

This EA can run on several instruments simultaneously.

This EA is able to work well both with small accounts and with large deposits.

Features

• Martingale — martingale 4 levels;
• Lock Profit — unlimited lock profit;
• Digit — support 4 digit and 5 digit account;

Operation hours

• EA only runs between parameter StartTradeHour and EndTradeHour of the Broker Server Time.

Real account monitoring

https://www.mql5.com/en/signals/167229

Working currency pair/timeframe: EURUSD M1, AUDUSD M1, GBPUSD M1, NZDUSD M1, USDJPY M1, USDCAD M1, EURGBP M1, EURJPY M1, NZDJPY M1, CADJPY M1, AUDJPY M1, GBPJPY M1.

Parameters

• Lots — fixed volume of a position, Set Lots=0 to use automatic Lot;
• TakeProfitPips — TakeProfit (pips);
• StopLoss — initial StopLoss (pips);
• Risk — risk setting of the EA;
• LotDigits — lot digit;
• MinLots— minimal lot;
• MaximalLots — maximal Lot;
• StartTradeHour — Start Trade Hour (hour);
• EndTradeHour — End Trade Hour (hour);
• DailyTarget — DailyTarget (money), EA will not open trade when it was achieved;
• MartingalePips — Martingale range pips;
• MartingaleTakeProfitPips — Martingale take profit target, close all when achieved;
• Ma1Period — First MA period setting;
• Ma1Shift — First MA shift setting;
• Ma1Method — First MA method setting;
• 0 — Simple Averaging;
• 1 — Exponential Averaging;
• 2 — Smoothed Averaging;
• 3 — Linear-weighted Averaging;
• Ma1AppliedPrice — First MA applied price setting;
• 0 — Close price;
• 1 — Open price;
• 2 — The maximum price of the period;
• 3 — The minimum price of the period;
• 4 — Median price, (high + low) / 2;
• 5 — Typical price, (high + low + close) / 3;
• 6 — Weigthed close price, (high + low + close + close) / 4;
• Ma2Period — Second MA period setting;
• Ma2Shift — Second MA shift setting;
• Ma2Method — Second MA method setting;
• Ma2AppliedPrice — Second MA applied price setting;
• Ma3Period — Third MA period setting;
• Ma3Shift — Third MA shift setting;
• Ma3Method — Third MA method setting;
• Ma3AppliedPrice — Third MA applied price setting;
• FastMA — Fast MA MACD setting;
• SlowMA — Slow MA MACD setting;
• MACDSMA — MACD SMA setting;
• Target — Target LockProfit (pips);
• LockProfit — Lock Profit (pips);
• Target1 — Target 1 LockProfit Level 1 (pips);
• LockProfit1 — LockProfit 1 LockProfit Level 1 (pips);
• Target2 — Target 2 LockProfit Level 2 (pips);
• LockProfit2 — LockProfit 2 LockProfit Level 2 (pips);
• Target3 — Target 3 LockProfit Level 3 (pips);
• LockProfit3 — LockProfit 3 LockProfit Level 3 (pips);
• Target4 — Target 4 LockProfit Level 4 (pips);
• LockProfit4 — LockProfit 4 LockProfit Level 4 (pips);
• Target5 — Target 5 LockProfit Level 5 (pips);
• LockProfit5 — LockProfit 5 LockProfit Level 5 (pips);
• MagicNumber — Unique number of positions opened by the EA;

Recommendations

1. Before using on a live account, test the EA with minimal risk;
2. Use VPS or hosting server with minimal network latency to the broker's server;
3. Low spreads = low commission + high quality execution are important when choosing a broker to trade.
4. Multirebate account.