2023 FXHP-EA Forex Trading System

The ForexHomeProfit mechanical trading system (FXHP-EA) is a trading expert written in the MQL4 language. The system is designed for automated trading in the MetaTrader 4 terminal on Forex trading accounts. The system, in general, includes two proprietary indicators and the Expert Advisor itself.
The operating principle of the system is as follows:
– on the hourly chart, indicators generate Buy/Sell signals and transmit them to the Expert Advisor;
– the expert, having received the signals, waits for their confirmation. After receiving the confirmation, he opens the corresponding order.
The system works with 4 and 5 digit quotes (a fixed margin is recommended).
More detailed information about the system and its configuration is available in the User Manual after purchase.

Set the Trailing_Point value within 19-21 points. So that the total value, including the allowed Stop Loss value, does not exceed 23-25 ​​points.
It is recommended to exchange one lot. The lot size, you can choose in the system settings.
If the order has given a drawdown, do not rush to close it. The system will close the order itself, upon reaching the conditions set in it. Since the market is cyclical, the closing of a loose order can be at breakeven or with a minimal loss. During the period of collapse, the system can open hedging orders. The drawdown can last a maximum of 5 business days.
Don't rush to cash out profits. Let the system gain momentum.
It is not recommended to use the system on PAMM accounts where Rollover is provided (closing open positions at a certain time). If you decide to use it on such accounts, set the maximum allowed rollover (from 7 days or more).
If you intend to use the system on accounts with 5-digit quotes, we recommend that you disable the use of cross signals feature (Use_Cross_Signal = false). Each brokerage company has its own terms and conditions. There are no perfectly identical conditions. Therefore, the profitability readings of the system may differ.
Please remember that the system is set to EURUSD currency pair and hourly chart (H1). By changing these terms, you do so at your own risk.