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A Sold-Out Expert Advisor!
Trading Idea
The trading strategy of Forex Impulse Trader main idea is detecting the impulse then opening two trades at the same time and direction.
Specifications
License
1 Real and 2 Demo Accounts.
Support & Updates
24/7 Support + Life-time Updates.
Broker / VPS Recommendation
All (including US based ones), While We Recommend Installing it on TradingFX VPS and Using it on Tickmill, and Scope Markets Forex Brokers for the Best Stability and Profitability.
Recommended Risk
A Reasonable Trading Risk of not more than 2% is Recommended.
Account Minimum Balance
It's Recommend to have at Least $500 - $1000 Account Balance.
Refund Policy
6-Day Money Back Guarantee is Offered by the Vendor.
Supported Currency Pairs
EURUSD, GBPUSD, EURAUD, USDJPY, USDCHF and EURJPY
MetaTrader Chart Timeframe
M15
Developed By
Automated Forex Tools
About
Forex Impulse Trader
![MyFxBots Admin [www.myfxbots.com]](/assets/media/avatars/myfxbots-admin.png "MyFxBots Admin [www.myfxbots.com]")
Reviewed By
MyFxBots Admin
Last Reviewed On
Tues, 24 Jul 2018
99.9% Quality Tick Data Backtests
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.01.04 02:00 - 2017.12.29 02:45
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
aaa="***** General settings *****"; MaxSpread=3; MaxSlippage=1; Magic_1=111111; Magic_2=222222; StopLoss=0; FirstTrade_TP=0; SecondTrade_TP=0; TradesComment="MyFxBots.com - Forex Impulse Trader"; TradingHours="default"; ImpulseLenght=0; bbb="***** GMT Offset Settings *****"; GMT_Offset=3; DST=false;
ccc="***** Money Management Settings *****"; Lots=0.01; Risk=1; Recovery=false;
MaxRecoveryRisk=5; ddd="***** Trailing Stop Settings *****"; SecondStartTrail=0; SecondTrailStop=0;
Bars in test
174489
Ticks modelled
140997806
Modelling quality
99.90%
Initial Deposit
$10000.00
Spread
Variable
Backtests Results
Total net profit
466680.93
Gross profit
501508.38
Gross loss
-34827.45
Profit factor
14.40
Expected payoff
413.72
Absolute Bal DD
34.96
Maximal Bal DD
4802.16 (1.83%)
Relative Bal DD
2.68% (4403.85)
Total Trades
1128
Short positions (won %)
596 (91.44%)
Long positions (won %)
532 (94.55%)
Profit trades (% of total)
1048 (92.91%)
Loss trades (% of total)
80 (7.09%)
Largest Profit trade
2883.93
Largest Loss trade
-1541.74
Average Profit trade
478.54
Average Loss trade
-435.34
Maximum consecutive wins (profit in money)
83 (34404.95)
Maximum consecutive losses (loss in money)
4 (-3024.03)
Maximal consecutive profit (count of wins)
82889.85 (50)
Maximal consecutive loss (count of losses)
-3049.48 (2)
Avarage consecutive wins
20
Avarage consecutive losses
2
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.01.04 02:00 - 2017.12.29 02:45
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
aaa="***** General settings *****"; MaxSpread=3; MaxSlippage=1; Magic_1=111111; Magic_2=222222; StopLoss=0; FirstTrade_TP=0; SecondTrade_TP=0; TradesComment="MyFxBots.com - Forex Impulse Trader"; TradingHours="default"; ImpulseLenght=0; bbb="***** GMT Offset Settings *****"; GMT_Offset=3; DST=false;
ccc="***** Money Management Settings *****"; Lots=0.01; Risk=5; Recovery=false;
MaxRecoveryRisk=5; ddd="***** Trailing Stop Settings *****"; SecondStartTrail=0; SecondTrailStop=0;
Bars in test
174489
Ticks modelled
140997806
Modelling quality
99.90%
Initial Deposit
$10000.00
Spread
Variable
Backtests Results
Total net profit
670349.75
Gross profit
1986823.38
Gross loss
-1316473.63
Profit factor
1.51
Expected payoff
514.86
Absolute Bal DD
174.76
Maximal Bal DD
84907.12 (11.66%)
Relative Bal DD
24.69% (5362.84)
Total Trades
1302
Short positions (won %)
632 (62.03%)
Long positions (won %)
670 (60.75%)
Profit trades (% of total)
799 (61.37%)
Loss trades (% of total)
503 (38.63%)
Largest Profit trade
20550.61
Largest Loss trade
-16556.04
Average Profit trade
2486.64
Average Loss trade
-2617.24
Maximum consecutive wins (profit in money)
18 (28881.86)
Maximum consecutive losses (loss in money)
8 (-66481.23)
Maximal consecutive profit (count of wins)
140014.97 (13)
Maximal consecutive loss (count of losses)
-66481.23 (8)
Avarage consecutive wins
3
Avarage consecutive losses
2
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.01.04 02:00 - 2017.12.29 02:45
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
aaa="***** General settings *****"; MaxSpread=3; MaxSlippage=1; Magic_1=111111; Magic_2=222222; StopLoss=0; FirstTrade_TP=0; SecondTrade_TP=0; TradesComment="MyFxBots.com - Forex Impulse Trader"; TradingHours="default"; ImpulseLenght=0; bbb="***** GMT Offset Settings *****"; GMT_Offset=3; DST=false;
ccc="***** Money Management Settings *****"; Lots=0.01; Risk=1; Recovery=true;
MaxRecoveryRisk=5; ddd="***** Trailing Stop Settings *****"; SecondStartTrail=0; SecondTrailStop=0;
Bars in test
174489
Ticks modelled
140997806
Modelling quality
99.90%
Initial Deposit
$10000.00
Spread
Variable
Backtests Results
Total net profit
57893.94
Gross profit
155035.19
Gross loss
-97141.25
Profit factor
1.60
Expected payoff
44.47
Absolute Bal DD
130.87
Maximal Bal DD
6014.77 (12.77%)
Relative Bal DD
12.77% (6014.77)
Total Trades
1302
Short positions (won %)
632 (62.03%)
Long positions (won %)
670 (60.75%)
Profit trades (% of total)
799 (61.37%)
Loss trades (% of total)
503 (38.63%)
Largest Profit trade
1638.26
Largest Loss trade
-1340.59
Average Profit trade
194.04
Average Loss trade
-193.12
Maximum consecutive wins (profit in money)
18 (3543.53)
Maximum consecutive losses (loss in money)
8 (-1213.83)
Maximal consecutive profit (count of wins)
7322.38 (11)
Maximal consecutive loss (count of losses)
-4125.30 (4)
Avarage consecutive wins
3
Avarage consecutive losses
2
Forex Impulse Trader's Trading Strategy
Each of the two opened trades on impulse detection by Forex Impulse Trader has a separate take profits: FirstTrade_TP and SecondTrade_TP. When the first trade is closed with profit, the EA then sets a new take profit value for the other running trade. The preset SecondTrade_TP value in pips is added to the close price of the first trade to determine the second trade take profit value.
Forex Impulse Trader has an advanced integrated money and account management system. It also protects the account it's running on from unfair and deceptive brokers.
The loss recovery system existing in the EA can successfully compensate for the previous when enabled. During high spread and high slippage periods, the market condition is then unsuitable for trading, Forex Impulse Trader can detect that and protect the account.
Forex Impulse Trader has low drawdown on the 3rd party verified live accounts.
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Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
