[ Trading robot IQ BOX for Meta Trader 4 ]
Meta Trader 4, Standart, ECN, CENT, Pro and other with the terminal
* from +10% monthly
approximate profitability
approximate annual profitability
* from 180 % annual
hedging and averaging
losses limitation
minimal deposit per used currency pair
$200 = 0,01 lot
EURUSD, GBPUSD
currency pairs
trading terminal, account type
version and updates
[ v.3.01, 18/04/2017 ]
100% automated trading
market entry with pending orders on Asian session channel breake-though.
dynamic StopLoss from formed day channel
profit support by the Zigzag indicator
[ Linda Bradford Raschke ]
"Perhaps my number one rule is: Don't try to make a profit on a bad trade, just try to find the best place to get out."
$20/month
$199
$249
Free trading settings updates.
Updates are available starting from 3 months of rental period.
One real and demo accounts.
Free trading settings updates.
Free version updates.
One real and demo accounts.
Free trading settings updates.
Free version updates.
Two real and demo accounts.
Rent
Standard License
Extended License
[ Description ]
Our company is glad to present another trading strategy, developed into a fully automated forex trading system, intraday forex advisor IQ BOX. This is an advisor with high IQ! IQ BOX will suit the needs of traders who prefer intraday trading, with trades being closed before the start of American session or at the end of European session. Also, IQ BOX is well suited for investor's account managers, with stable annual income of up to 200%.
[ Strategy description ]
Trading strategy of IQ BOX advisor, and the advisor itself is created by the traders of Kalinka Capital OU (Estonia) company. IQ BOX is highly profitable and risk-less advisor for automated forex trading
One of the man advantages of IQ BOX, is a trading strategy of the price channel break-though, formed on Asian session, filtering most of the false market entries with less probability of the price channel break-though.
IQ BOX forms the entry points precisely enough, informing the trader about formed price channels beforehand, projected profit points that advisor will get during the day. Non-standard indicators and one filter built into the code of advisor are used for market entry, based on the standard ZigZag indicator. Trader is informed about gathered and processed data via break-though level lines and expected profit fixing level.
Also, the "Profit Hour” function is applied in the advisor. In case if past certain time, that is set in the trading settings, the price didn't get to the specified TakeProfit, and projected movement was not confirmed, advisor will close the position in current profit (position will not closed in loss). Future candle that is planned for profit fixing will be shown on the chart.
For averaging the loss making position, system of reversal analysis is applied, analyzing the price reversal projection in the direction of loss making position, with the following output of this position in total profit on trading account via pending orders placement by the signals of indicator built into the code of the IQ BOX advisor. The averaging system does not uses so called "Martingale", and leaves the margin level and equity availability of your account in safe borders, making the trading process with IQ BOX, riskless.
For better informative content, forex advisor has visual indications of total profit fixing levels by all opened positions when averaging process is in act.
Also, for possible losses limitation, advisor has an option of using the StopLoss values. Logic of the StopLosses use is also developed by our company. Each time when the pending order is placed, advisor calculates the possible volatility and the width of the price channel, with additional modifiable parameters that can be set in the trading settings. Based on these calculations, StopLoss is set accordingly with projected market situation.
[ Profitability and risks ]
Profitability – from 10%-20% monthly or up to 200%-300% annual with gained profit reinvested, and with minimal use of free funds.
Averaging - StopLoss or loss limitation option, with closing all the position in total profit.
[ Architecture, modules ]
Indicators - two non-standard indicators forming the intraday channels "boxes" and calculation levels of channel break-though along with profit fixing, offering few options on current day and displaying them of the chart. Standard ZigZag indicator, securing the profitable position on quote reversals.
Money Management - automated volume control of trading position for market entry in relation to the trading account's balance size.
Time control module - module has few algorithms of action :
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Closing the profitable trade on set time, if it was not closed by the TakeProfit and if profit trail is not in act..
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Pending order placement limitation for market entry after set time. In majority of the trading settings, we forbid pending orders placement before or right after European session closure.
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Lifespan of position. This parameter controls the time that position will spend in the market, in minutes. If past specified time takeprofit was not fixed, trail activated, or the end day profit fixing time is not reached, position will be closed in any profit, even in fraction of a point. This option proven its effectiveness, when the projected signal for market entry was not validated.
Hedging module - Algorithm of actions was missed by the traders who trade with the use of averaging. Now, there are no reasons for to worry about the possibility of deposit drawdown because of a long term loss making position, or its long output in total profit by the same trading instrument, in case if there will be a problematic loss making position.
Now with the help of loss hedging module, loss making positions are taken care of on account of profits fixed on the other instruments. And in most cases, even before the averaging module acts. On account of this module, possible drawdowns decreased by two times, along with increased profit factor and math expectation. In total the trading results improved significantly.
Targeted profit module - this module fixes the total profit of all trading positions, as specified in the trading settings.
Two options are available:
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Intraday profit. You can set for example, a 2% of daily desired profit. After set target is reached, taking into account all opened positions, IQ BOX will fix the profit and stops its trading for the day. For the last trading day of the week, separate profit targeted profit values is set, as the targeted profit in Friday is usually 2 times less than the other trading days of the week.
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Profit groups - this targeted profit calculates the total profits on opened one directional positions, for buys and sells separately.
[ Currency pairs ]
EURUSD, GBPUSD - the strategy is created solely for these instruments. Trading setting with the use of StopLoss/Averaging are supplied with the advisor.
Recommened leverage 1:500.
[ Trade monitoring ]
Here you can see the IQ BOX trade monitoring on real account. Monitoring contains full statistics and analysis system of risks and profitability on MyFxbook service.
[ Test results ]
We consider one of the main stages on creating any advisor, is it's tests on previous market history. Trading terminal Meta Trader 4 provides an excellent opportunity to conduct tests with "all ticks" method. Which means close to 100% match with the actual history repeating all ticks, but not taking into account the spread values on each tick.
[ Video, instructions ]
In a few videos, we will try to fully show and tell you about how IQ BOX is trading. As well as recommendations on use for maximal and stable profits.
Hope you will find the information you need in those videos! Share your questions and comments!
