The Divergence Trader Metatrader 4 Forex robot is an automated trading software that uses a divergence technique in generating buy/sell profitable auto trading signals.
The forex robot employs an optimized algorithm that allows it handle accelerated and high-precision signal generation, which saves an enormous amount of trading time.
There are 17 configuration parameters available on the Divergence Trader EA, which are all neatly tied together to effectively detect divergences during all forex market sessions.
Finally, tiny divergence patterns in the market are quickly spotted by this robot.
Download the “Divergence_Trader.mq4” MT4 robot
Strategy Tester Report
Find below the Divergence Trader robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.
The EA made a total profit of $13902.02 from a total of 2728 trades. The largest winning trade generated $521.12 in profits, while the largest losing trade generated a loss of-$599.46.
Bars in test: 10211 ticks modelled
Initial deposit: $10000.00
Total net profit: $13902.02
Total trades: 2728
Largest profit trade: $521.12
Largest loss trade: -$599.46
Consecutive wins: 14
Consecutive losses: 5
Download the “Divergence_Trader.ex4” Metatrader 4 robot
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Input Parameters: Lots, Slippage, Fast_Period, Fast_Price, Slow_Period, Slow_Price, DVBuySell, DVStayOut, ProfitMade, LossLimit, TrailStop, PLBreakEven, StartHour, BasketProfit, BasketLoss, FileData
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the Divergence_Trader.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)