The ASC++ Metatrader 4 Forex Robot is an expert advisor that deploys a unique technique in triggering buy and sell automated trading signals.
The ASC++ forex robot disables manual trade confirmation on default mode (a feature that can be readjusted based on the trader’s preference), while also adding a stop loss and trailing stop features for proper money management.
The expert advisor reveals some problems when being used on the Yen pairs, as it tends to drain off on flat markets.
As a final note, the ASC++ is a trustworthy automated trading tool regardless of its lean 11 adjustable input variables.
Strategy Tester Report
Find below the ASC++ robot strategy tester report for the EUR/USD forex pair on the 4-Hour chart.
The EA made a total profit of $0.75 from a total of 40 trades. The largest winning trade generated $100.00 in profits, while the largest losing trade generated a loss of-$52.94.
Bars in test: 1512 ticks modelled
Initial deposit: $10000.00
Total net profit: 0.75
Total trades: 40
Largest profit trade: $100.00
Largest loss trade: -$52.94
Consecutive wins: 2
Consecutive losses: 3
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Input Parameters: Lots, TakeProfit, StopLoss, TrailingStop, Risk, EntryStopLevel, EntryRange, TSLevel1, TSLevel2, SigValMin, Slippage
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: Money Management
Copy and paste the ASChq.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)