"Forex Hacked Pro" - second edition, improved and expanded

Hello, dear traders. We present to your attention an improved and now multi-currency version of the well-known expert advisor "Forex Hacker".

Platform: Metatrader 4
Expert advisor version: 1.14
Currency pairs: GBPUSD, AUDUSD, USDCAD, EURUSD, EURGBP, EURCHF, EURJPY, USDJPY, USDCHF
Timeframe: H1
Operating time: Around the clock
Recommended broker: Forex4you, RoboForex

Install the expert advisor as usual. If this is your first time dealing with robots on Forex and you have a lot of questions, download and watch the course Forex on Autopilot.

Attention! Since the expert advisor is potentially dangerous, be sure to read the article about the basic principles of trading dangerous expert advisors.

The expert advisor "Forex Hacker Pro" uses a martingale strategy. With an infinite period of using the strategy, theoretical profit is impossible; however, with periodic withdrawal of investments, probability theory works in our favor. After the initial investment is withdrawn, the dangerous martingale strategy immediately becomes loss-free and highly profitable.

The expert advisor "Forex Hacker Pro" uses 3 scalping strategies to determine entry points, which increases trading efficiency. Opened orders close much faster and there are significantly more of them than with the single-currency system in the previous version, which ensures smooth deposit growth with small drawdowns. Multi-currency trading is used with individual settings for each pair, which provides trade diversification and risk reduction; this is due to the fact that on each pair we trade with significantly reduced lots compared to the single-currency strategy, and periods of large drawdowns do not coincide for all pairs at the same time.

Backtests were done for each pair separately, since the Metatrader 4 platform does not allow multi-currency tests.

AUDUSD 2009-2013

EURCHF 2009-2013

EURGBP 2009-2013

EURJPY 2009-2013

EURUSD 2009-2013

GBPUSD 2009-2013

USDCAD 2009-2013

USDCHF 2009-2013

USDJPY 2009-2013

As we can see, drawdown periods do not occur simultaneously across all the pairs used, which increases trading safety.

P.S. The backtest results on different brokers, different account types, and different start times may differ from those shown, but the principle of diversification will also be obvious.

UseManualLots - if you will use an initial lot (Lots) greater than 0.01, then you should set the value to TRUE

Lots - the initial lot, equal to 0.01 by default

Booster - the coefficient for increasing the lot in the order grid

TakeProfit - take profit in pips

PipStarter - the distance between orders in the grid

TurboMode - an option for increasing profitability during flat movement

TurboDivider - the number of orders in the grid after which TurboMode is activated

ContinueTrading - the option to stop operation after closing current orders. With TRUE, the normal trading mode is used; with FALSE, after the current order grid is closed, a new one will not be built.

MM - Money management system, a risk management system by automatically increasing the lot when the balance changes. It is calculated as Lots = 0.00001 * (AccountBalance/Divider). Disabled by default.

Divider - a parameter for calculating Money management, examples of lot calculations:

$100,000 - Divider 100 = 0.01 lots
$100,000 - Divider 10 = 0.1 lots
$200,000 - Divider 100 = 0.02 lots
$200,000 - Divider 10 = 0.2 lots
$10,000 - Divider 100 = 0.001 lots
$10,000 - Divider 10 = 0.01 lots
$10,000 - Divider 1 = 0.1 lots
$20,000 - Divider 100 = 0.002 lots
$20,000 - Divider 10 = 0.02 lots
$20,000 - Divider 1 = 0.1 lots
$5,000 - Divider 10 = 0.005 lots
$5,000 - Divider 1 = 0.05 lots
$5,000 - Divider 0.5 = 0.1 lots

chartDisplay - displays information about the expert advisor on the screen

UseStopLossPct - enables the StopLossPct option

StopLossPct - the drawdown size as a percentage of the balance at which all trades will be forcibly closed. This parameter is used as emergency protection against a complete deposit wipeout during very strong trends.

UseTakeProfitPCT - enables the TakeProfitPCT option

TakeProfitPCT - the profit size as a percentage of the balance at which all trades will be forcibly closed.

UseTrailingStop - enables the trailing option

StartTrailing - the number of pips to enable trailing

StopTrailing - the size of the trailing stop in pips

UseStrategy_1 - option to use the 1st strategy
MagicNumber_1 - magic number for the orders of the 1st strategy
MaxTrades_1 - maximum number of orders for the 1st strategy
UseStrategy_2 - option to use the 2nd strategy
MagicNumber_2 - magic number for the orders of the 2nd strategy
MaxTrades_2 - maximum number of orders for the 2nd strategy
UseStrategy_3 - option to use the 3rd strategy
MagicNumber_3 - magic number for the orders of the 3rd strategy
MaxTrades_3 - maximum number of orders for the 3rd strategy

UseDollarTakeProfit_s1 - enables the DollarTakeProfit_s1 option

DollarTakeProfit_s1 - the profit amount in the deposit currency at which the orders of the 1st strategy will be closed

UseDollarTakeProfit_s2 - enables the DollarTakeProfit_s2 option

DollarTakeProfit_s2 - the profit amount in the deposit currency at which the orders of the 2nd strategy will be closed

UseDollarTakeProfit_s3 - enables the DollarTakeProfit_s3 option

DollarTakeProfit_s3 - the profit amount in the deposit currency at which the orders of the 3rd strategy will be closed

system1_comment - comment for trades of the 1st strategy

system2_comment - comment for trades of the 2nd strategy

system3_comment - comment for trades of the 3rd strategy

Attention! Do not change anything in the attached sets if you do not understand what you are doing!

No less than 1000 units of currency per 0.01 lot for each pair used.

This expert advisor belongs to the dangerous category, so it is recommended to withdraw profits once a month or more often; under this condition the advisor works successfully on real accounts.

Important !!!

For the expert advisor to work correctly, the trading terminal must be on from the market open on Sunday evening until its close on Friday evening. If you do not have the ability to keep your computer running 24/5, then I advise using the VPS server service.

Forum thread

Respectfully, Alexey aka Merlin Tlap.io