Fractal Trader EA 3.0
Metatrader Expert Advisor (MT4/MT5)
This EA trades Fractals using pending orders. It offers many trading behaviors and flexible position management settings, plus many useful features like customizable trading sessions and a martingale mode.
- Easy to use and supervise
- It implements 4 different trading behaviors
- Customizable break-even, SL, TP and trailing-stop
- Works for ECN/Non-ECN brokers
- Works for 2-3-4-5 digit symbols
- Trading can be NFA/FIFO Compliant
- Implements a martingale feature
- Filter trading by forex sessions
- Built-in money management
The EA implements four different trading behaviors:
- Regular: The EA will buy at upper fractal and sell at lower fractal
- Inverse: The EA will sell at upper fractal and buy at lower fractal
- Only Buy: The EA will buy at both fractals
- Only Sell: The EA will sell at both fractals
Additionally, the EA implements four money management modes:
- Trade manual lotsize: The EA will trade a fixed lotsize on each trade
- Auto-calculation of lotsizes: The EA will risk % of the account on each trade
- Martingale: The EA will double the lotsize after a losing trade
- Inverse Martingale: The EA will double the lotsize after a winning trade
Boost your trading returns with the PZ Fractal Trader EA, like hundreds of users have already done!
- ≡ Input parameters
When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.
- Trading Settings
- Select trading behavior: regular, inverse, only buy or only sell.
- Position Management
- This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips. Closing pending orders when a trade is taken is optional.
- Sessions Settings
- Enable or disable trading for the Assian, European or American sessions.
- Money Management
- In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
- EA Settings
- You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.
- ? FAQ
- Is the EA NFA/FIFO Compliant?
- No, it is not. Trade with non-nfa broker.
- Do I need a VPS to run the EA?
- Yes, you do. Or having your home computer turned on 24/5.
- Can I interfere with the trades of the EA?
- Yes, you won't cause the EA to missbehave.
- Will this EA interfere with other EAs running in my account?
- No, it won't.