Forex Trading System 2023 FXHP-EA

The ForexHomeProfit mechanical trading system (FXHP-EA) is a trading expert written in the MQL4 language. The system is designed for automated trading in the MetaTrader 4 terminal on currency trading accounts. The system, in general, includes two proprietary indicators and the expert advisor itself.
The principle of operation of the system is as follows:
– on the hourly chart, the indicators generate Buy/Sell signals and transmit them to the Expert Advisor;
– the expert, having received the signals, awaits their confirmation. After receiving the confirmation, open the corresponding order.
The system works with 4 and 5 digit quotes (a fixed margin is recommended).
More detailed information about the system and its configuration is available in the User Manual, after purchase

Set the Trailing_Point value to within 19-21 points. So that the total value, including the allowed Stop Loss value, does not exceed 23-25 points.
It is recommended to exchange one batch. The batch size, you can choose in the system settings.
If the order has given a reduction, do not rush to close it. The system will close the order itself, upon reaching the conditions set in it. Since the market is cyclical, the closing of a loose order can be at the break-even point or with a minimal loss. During the sinking period, the system can open hedging orders. The reduction can take a maximum of 5 working days.
Do not rush to withdraw winnings. Let the system gain momentum.
It is not recommended to use the system on PAMM accounts where Rollover is provided (closing open positions at a certain time). If you decide to use it on such accounts, set the maximum allowable transfer (from 7 days or more).
If you intend to use the system on accounts with 5-digit quotes, we recommend that you disable the function of using cross signals (Use_Cross_Signal = false). Each brokerage company has its own terms and conditions. There are no perfectly identical conditions. Therefore, the profitability readings of the system may differ.
Do not forget that the system is configured for the EURUSD currency pair and the hourly chart (H1). By changing these terms, you do so at your own risk.