1. Introduction
ArcturusFX is an Expert Advisor developed based on a widely used strategy, enhanced with an additional set of indicators to refine entries and improve results. This robot has been extensively tested on the GBPUSD asset, demonstrating high efficiency.
Main Features:
- Grid-based strategy: Includes a hedge option on the first order for greater protection, ensuring a winning trade.
- Flexible lot configuration: Allows you to choose between lots proportional to the account balance or fixed lots, according to your strategy.
- Programmable trading days: Set the days of the week the robot will operate, providing greater control.
- Configurable spread protection: Adapts to market conditions, ensuring security during high volatility.
With its efficiency, advanced features, and functionalities, ArcturusFX is a necessary addition to your portfolio of robots or a standalone solution for automated trading.
2. Installation Guide
To learn how to purchase and install ArcturusFX on the MetaTrader Market, check out the article:
👉 https://www.mql5.com/en/articles/498
Robot Parameters – ArcturusFX 1.0
The set in the image below is widely used – GBPUSD – 5M
Note: At the end of the manual, there are more well-tested sets.
3. General Parameter Settings
3.1 EA_Name
- Description: Name of the robot listed in the information and comments.
- Default Value: ArcturusFX.
- Recommendations: Do not change this value.
3.2 Trading Days
- Description: Allows selecting the days of the week the robot will trade.
- Default Value: Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday.
- Recommendations: Enable the days when the asset performs best.
4. Operational Settings
4.1 Spread Filter
- Description: Protection against high spreads.
- Default Value: 4
- Recommendations: Adjust according to your broker’s spreads.
4.2 Lot Fixing
- Description: Determines the fixed lot size for entries.
- Default Value: 0.01
- Recommendations: Use an appropriate value for your risk management.
4.3 Balance Lot Mode
- Description: Trades with lots proportional to the account balance when enabled.
- Default Value: False.
- Recommendations: Enable if the balance is sufficiently robust.
Note: This mode disables the “Fixed Lot” parameter.
4.4 Balance Lots
- Description: Defines a percentage of the balance to calculate lots.
- Default Value: 100
- Recommendations: Adjust according to your risk management strategy.
4.5 EMA Period
- Description: Trend indicator used by the robot.
- Default Value: 200
- Recommendations: If changed, test extensively before using.
4.6 EMA Distance Pips
- Description: Distance from the moving average to open orders, as long as other criteria are met.
- Default Value: 35
- Recommendations: Test carefully before significantly changing this value.
4.7 Grid Distance Pips
- Description: Distance in pips between grid orders.
- Default Value: 40
- Recommendations: Adjust based on the traded asset.
4.8 Close Pips
- Description: Distance in pips for closing orders.
- Default Value: 3
- Recommendations: Adjust based on your strategy.
5. Hedge: Hedge Operation
5.1 Enable Hedge
- Description: Activates Hedge operations, opening a buy and a sell on the first order.
- Default Value: True.
- Recommendations: Adjust according to your strategy; multiple usage examples available.
5.2 Hedge Close Pips
- Description: Value to close the second operation after the first order closes.
- Default Value: 0.10
- Recommendations: Use a low value to reduce the risk of high drawdown.
5.3 Magic Number
- Description: Unique identifier for the robot. It must be different for each robot used on the same account.
6. Visual Settings
ArcturusFX offers colorful panels that display operational information directly on the chart. These panels can be customized to suit your viewing preferences.
7. After-Sales Service
For information and assistance, we respond within 48 hours.