Tuesday, October 16, 2012

Advisers Forex: Ray Scalper


New improved adviser from authors of Phibase Synergy

Ray Scalper robot strategy

The adviser of Ray Scalper operates on time frame М15, but in the work considers also the events on higher scales. First of all he pays attention to levels of High/Low/Close of a week candle (W1), then counts more short-term levels of support / resistance on the hour schedule.
Further the boat waits for closing of candle М15 and lets out a fan of beams on a diagonal up and down. If nearby on a way of movement of the price there are no aforementioned levels, the adviser considers possibility of opening of the transaction in this direction. In calculation the trend on the hour schedule and analysis М15 with use of indicators стохастик, Bollindzher's strips and Envelopes also is accepted.

   Taik-profit and stop loss are exposed depending on ATR indicator indications on H1 (look the description of settings below), therefore their size not fixed, and depends on market volatility. The average size of profit makes 25 points, a loss — 80 points. The difference is compensated by high percent of profitable transactions.

   As I already mentioned above, the percent of profitable transactions is quite high: nearly 84 % against 16 % of unprofitable transactions. The ratio a profit/loss is, certainly, a weak place of our robot. But, the robotized trade has a number of restrictions, the car can't think as the person and therefore, at creation of advisers programmers should go on compromises sometimes. After all most of all us interests, that as a result the adviser gave profit, and Ray Scalper gives it.

Characteristics of the adviser of Ray Scalper

Platform: Metatrader 4
Version of the adviser: 1.0
Currency pairs: EURUSD
Time Frame: M15
Operating time: Round the clock