Master Your Trades with the ROC EA for MetaTrader 4

Unlocking the Power of the ROC Expert Advisor

Meet the ROC Expert Advisor (EA), a powerful tool designed for MetaTrader 4 that leverages the ROC indicator to optimize your trading strategy. With features like Trailing Stop Loss and Take Profit, this EA works seamlessly across all time frames for major forex pairs and NASDAQ stocks.

Key Features

• Demo Testing: Always start with a demo account to get a feel for the EA.
• Trade Logic: This EA trades based solely on the price of the opening candle!
• Lot Size Control: If you prefer not to increase your lot size on losing trades, simply set IncreaseFactor=0.

Input Parameters

• Use_TP_In_Money: Set to true/false for Take Profit in money.
• TP_In_Money: Enter values between 10-100 for Take Profit in money.
• Use_TP_In_percent: Set to true/false for Take Profit in percent.
• TP_In_Percent: Enter values between 10-100 for Take Profit in percent.
• Enable_Trailing: Activate money trailing stop (true/false).
• Take Profit In Money: Enter values between 25-200 in your current currency.
• Stop Loss In Money: Set values between 1-20 in your current currency.
• Period_MA_0: Define the period of the supporting MA (1-50).
• Period_MA_1: Set the period for the calculated MA (1-50).
• Bars_V: Amount of bars for calculation (1-50).
• Aver_Bars: Average bars (1-50).
• K: Amplifier gain (1-5).
• Exit: Choose whether to close trades if the trend is against you (true/false).
• Lots: Specify lot size (0.01-1).
• IncreaseFactor: Set how much to increase lots after a loss (0.001-0.1).
• Stop_Loss: Set your stop loss (30-500), with 600 for multiple trades.
• MagicNumber: Define a unique magic number for trades (1-100000).
• TakeProfit: Set take profit (50-200), with 600 for multiple trades.
• FastMA: Fast moving average period (1-20).
• SlowMA: Slow moving average period (50-200).
• Mom_Sell: Momentum sell trigger (0.1-0.9).
• Mom_Buy: Momentum buy trigger (0.1-0.9).
• UseEquityStop: Activate equity stop (true/false).
• TotalEquityRisk: Total equity risk (0.01-20).
• Max_Trades: Maximum number of trades (1-12).
• FractalNum: Number of highs and lows (1-10).

Optimize Your EA

It’s essential to optimize this EA every few months using the parameters mentioned above. Whether you prefer to use it as a hedging grid EA or for single trades, it’s versatile enough to fit your trading style.

Backtesting Your Strategy

Want to see how the ROC EA performs? Check out this guide on backtesting to optimize your trading strategy.