Smart Impulse Trader
Best Impulse Trader! Supports 6 currency pairs:EURUSD, GBPUSD, EURAUD, USDJPY, USDCHF and EURJPY
WHAT IS SMART IMPULSE TRADER?
Smart Impulse Trader is an automated forex trading robot. The main idea behind this strategy is to detect the impulse and to open two trades at the same time and in the same direction. There are separate take profits for both trades: First_Trade_TP and Second_Trade_TP. When first trade is closed on profit then the robot set take profit value to the second trade. The distance is equal to Second_Trade_TP parameter's value (in pips) from the close price of the first trade.
SUPPORTED CURRENCY PAIRS
Smart Impulse Trader supports 6 currency pairs. These pairs are: EURUSD, GBPUSD, EURAUD, USDJPY, USDCHF and EURJPY. You can trade on all currency pairs simultanously. This will increase the trading frequency and your profit as well. Of course you can trade with any supported currency pairs.HOW TO BACKTEST AND OPTIMIZE
For quick backtest you can use Open Price and M1 time frame. If you want more precise backtest then use Every tick and M15 time frame.Some of the parameters have 0 (zero) as default value. Since the robot supports several currency pairs we have integrated the optimized values in the robot. The real values can be seen in the information box. If you want to optimize the robot for an unsupported pair you have to optimize the following parameters:
Stop_Loss, First_Trade_TP, Second_Trade_TP, Trading_Hours, ImpulseBarLenght, SecondStartTrail and SecondTrailStop. Optimize one or max two parameters at the same time for better results.
IMPORTANT - NEED TO KNOW!
The robot is optimized since 2010. The last 8 years are enough for optimization for such strategy. The results of the robot on earlier period could be poor.The gmt offset of your broker is very important and therefore please set it correctly. In case that you don't know how to set correct value for GMT contact us and we will help.
Best currency pairs: EURUSD and GBPUSD
Recommended Time Frame: M15
SMART IMPULSE TRADER TOP FEATURES
Below you can find top features of Smart Impulse Trader:SMART IMPULSE TRADER BACK-TEST RESULTS
Below you can find back-test results of Smart Impulse Trader on all supported currency pairs. We have tested Smart Impulse Trader precisely with historical data to show how it performs on each of the supported currency pairs.
SMART IMPULSE TRADER SETTINGS
Smart Impulse Trader can be precisely configured and adapted to cover all forex traders needs and expectations. Below you can find the complete list of available settings.Max_Spread - Maximal allowed spread for opening a new trade
Slippage - Maximal allowed slippage when opening a new trade
Magic_Number_1 - Magic number for the first trade
Magic_Number_2 - Magic number for the second trade
Stop_Loss - Stop Loss value in standard pips. The robot will close the trades when the loss is equal to Stop_Loss.
First_Trade_TP - Take Profit value in standard pips. The robot will close the first trade when the profit is equal to First_Trade_TP.
Second_Trade_TP - Take Profit value in standard pips. The robot will close the second trade when the profit is equal to First_Trade_TP + Second_Trade_TP.
Trading_Hours - Best trading hours. The trading hours can be entered separated by comma. For example 1,2,3 - the robot will trade only dyuring these hours 01,02 and 03
ImpulseBarLenght - The lenght of the impusle needed for opening a new trade.
BarTF - Time frame of the bars.
Lots - Fixed Lots size. If you want to trade with fixed lots, you have to set Risk=0 and set a proper value to Lots parameter according to your account free margin.
Risk - Value in percents. When its value is greater than 0 (zero), the robot calculates the lots size automatically based on Risk value and account free margin.
Loss_Recovery - Loss recovery system. When enabled the robot checks whether there are any previous losses. If there are, it starts to increase the lots size of next trades with small amounts. This way it compensates the previous losses. When the previous losses are compensated, the robot continues trading with normal risk. For correct recovery, the MM must be enabled: Risk > 0.
Max_Recovery_Risk - The maximum risk in percents which will be used by the robot during recovery process.
SecondStartTrail - When the profit of the second trade in pips is equal to SecondStartTrail the robot will set trailing stop to the trade equal to SecondTrailStop valuye.
SecondTrailStop - The value in pips for the trailing stop of the second trade.
GMT_Offset - GMT offset of your broker. Always set the winter GMT offset of your broker. It is very important to be properly set. Otherwise the robot may have bad results.
DST - Set TRUE if the broker shifts the GMT offset with +1 in Summer. Set FALSE if broker use same GMT offset whole year.
HOW TO TEST OR BUY SMART IMPULSE TRADER?
If you want to test Smart Impulse Trader for free or to buy it and use it on your real-money account please click the below button. You will be redirected to the MQL5 website where you will be able to get it.
If you have any questions about Smart Impulse Trader feel free to contact us!
Our support team will respond you within 1-2 business day/s.
Get in Touch with Us
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We would love to hear from you. Please send us your questions, comments or concerns by filling out the form on the right. We will do our best to get back to you as quickly as possible, usually within 1-2 business days.
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