Forex InControl – new product of programmers who work in the field of Forex on MQL. This EA performs a fully automated trading, which requires little or no intervention of the trader. Forex InControl does not open positions constantly, and is waiting for the best market conditions. This advantage opens the possibility use several Advisors simultaneously that with proper diversification will almost 100% certainty that you will increase your capital.
According to the developers, InControl is one of the most advanced advisers. Its work can enjoy everything. Its capabilities are suitable for experienced traders and beginners.Сharacteristics of Forex inControl
Official website: forex-incontrol.com
Platform: Metatrader4
Currency pairs: AUDUSD, EURGBP, USDJPY, GBPJPY
Trading Time: Around the clock
Timeframe: M30
Current EA version: 1.24
Settings of Forex inControl
AutoLot – turning “true” and turning “false” of automatic lot calculating. Calculating is based on the size of a deposit in MaxDrawDown. If set as “false” the lot size should be set manually in ManualLot setting.
Compaunding – if set “true” lot calculation will be calculating on the principle of compound interest. This is more profitable and more risky method at the same time.
MaxDrawDown – this parameter is used so that in case of unforeseen circumstances, you would not lose more money than is specified in it. Here you should specify the percentage of the deposit, which you will trade. MaxDrawDown should be set if AutoLot is turned “true”. If AutoLot is turned “false” MaxDrawDown doesn’t work.
ManualLot – here you can manually set the lot size. It works only if AutoLot is turned OFF. If you set Lot manually, MaxDrawDown will be selected automatically based on your lot.
Slippage – maximum of the price slippage for buying or selling orders.
CloseAll – this parameter is only needed if you want to completely close all orders opened by the advisor. In order to the advisor be able to open orders again, you need to set a value as “false”.Forex inControl backtests
AUDUSD
2003-2015
AutoLot=true; Compounding=true; MaxDrawDown=30; ManualLot=0.1; Slippage=10; CloseAll=false
Live forward test of Forex inControl
Very important! For correct work of inControl EA the trading platform should be enabled with the opening of the market on Sunday night before it closed on Friday evening. If you cannot keep your computer in working order 24/7, it is recommended to use Forex VPS ➜ Free Forex VPS
In the archives inControl.rar:
Experts – inControl 1.24.ex4
Libraries – inControl.dll
