WE HAVE DISABLED THE ADD TO CART BUTTON, BECAUSE THIS EXPERT ADVISOR IS NO LONGER WORKING, PLEASE SEARCH FOR ( TESTED ON 1420 ) IN THE MENU, THOSE ARE THE ONLY EAS CURRENTLY WORKING FOR MT4. ANYWAY WE ARE WORKING TO RECOMPILE AND MAKE THEM WORK AGAIN SOON.
InfinityXO is a fully automated MT4 expert advisor for trading Indices. The EA works on the chart of the 15 min timeframe.
InfinityXO uses breakout strategies to trade the first few hours on the European Index DAX40 and USA DOW30. (+ Nasdaq from Jan ’23)
Does not use grid or martingale etc. It will not blow your account – every trade has stop loss of 25 points.
Is is compatible with most major indices, but we suggest DAX/DOW/NAS for optimum performance.
Operational:
Strategy using fixed stop loss ~ 25 points. Maximum of 4 trades daily.
Exit incorporates a trailing stop exit that is triggered by “X” amount of gain points. Uses 15 min charts.
Orders always closed or deleted by same day, never uses martingale, layers, grids or additional averaging positions.
Every trade uses same lot size, that is defined by user. Does not use increasing lots technique. (although EA has recovery function for advanced/experienced EA user)
System requires broker with good conditions and spreads on Indices.
NOTE: Not every broker will give identical performance as the next one, as there are various feeds in index trading, but as a general rule, a good and fair broker with good spreads and you will be fine.
Very easy to setup and use for first time or novice.
Backtesting:
Index trading is quite different to spot FX, it requires’ a more specialised skill set due to the higher number of variations. Backtesting Indices are not as straightforward as FX, as many brokers using different number of digits after decimal point, some quote spot rate, some futures prices, some have expiry dates, others not.
As mentioned, EA is designed to run on 4 different charts, producing 4 max trades a day. You will need the set files to make backtest for each chart in (comments section)
In addition to this, InfinityXO works in a very specific time of day, so the backtest data has to align to the market opens. For example, the preset are for GMT+2, but many traders will pull dukascopy data and run backtest on GMT+0 data, so it will be completely off. So, unless you are very well versed in MT4 backesting and can easily make manual adjustments to trading windows to suit your data, we suggest to leave it to us.
For example, the DAX can look like 14534.00 or 145.34 or 14534.0, making many quote variations for the same trading instrument. For this reason, many will need our expert help to ensure this is dealt with properly as we check your broker quote and make advice to end user.
Also, you need to backtest during the correct market session as spreads are much higher in Indices out of hours.(or enter manual spread)
Sets and Backtest are found in the comments section of this product.
Performance and Risk:
We suggest 10.0 ($10 a point) lot per 10K balance for moderate risk running mode. ($250 loss per trade. i.e 2.5% loss per trade maximum), or 5k balance and 10.0 lot for higher risk.
Brand
EA MT4
Refund
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Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great Bot, recommended