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RAZOR Settings – Analytics & Forecasts – 26 October 2022


RAZOR is in the beginning a extremely correct Scalper that prompts the Grid mode when wanted.

The system consistently displays the three primary foreign money pairs AUDCAD, AUDNZD, NZDCAD.

These {couples} work collectively and help one another.

All three foreign money pairs have their very own settings and have been optimized over the previous 13 years.

Optimization was carried out for a number of brokers directly, ICMarkets, Tickmill, Hankotrade, Vantage, Pepperstone

This made it attainable to create common settings for many companies and buying and selling circumstances.

The system additionally has bonus settings which you could get by contacting me.

A Actual Sign with a historical past of greater than 25 weeks can be accessible for the system.

We intentionally use a dealer with big spreads and a small deposit to display the long run issue.

The system has a built-in mechanism to adapt to unhealthy market circumstances, massive spreads, delays, and so on.

The algorithm works consistently and analyzes the dealer each minute to adapt the mechanism.

To begin the system you’ll be able to merely use the Default Settings for a invoice of $500 and up.

Simply set up the system for AUDCAD M15

RazorEA has a information filter and computerized GMT calculation in your dealer.

For these settings to work, you will have so as to add 2 common URLs, that are utilized by most programs on the MQL Market.

https://ec.forexprostools.com

https://worldtimeserver.com

For every foreign money pair you should use your individual threat.

To do that, you’ll be able to edit the setting

ALL PAIRS = AUDCAD=25,AUDNZD=10,NZDCAD=10

All foreign money pairs are listed right here with the required threat for every.

Thus, you’ll be able to, for instance, specify the chance for NZDCAD=20, which is able to double the chance for this foreign money pair.

Excessive threat means that you can get rather more revenue, however on the similar time will increase the drawdown.

I do not advocate utilizing threat over 25.

You may as well restrict the utmost variety of energetic foreign money pairs. To do that, enter your worth

MAX SYMBOLS = 2 , this may restrict the variety of actions to 2.

In case you flip off ONE CHART MODE = OFF , then the system will use the present Chart to work.

On this means you’ll be able to arrange your individual parameters for the Foreign money Pair.

Present settings are already developed for AUDCAD M15

Detailed Listing of All Parameters :

  • ONE CHART MODE – means that you can activate the operation mode for just one chart for energetic buying and selling in three foreign money pairs
  • SHOW INFO – present/disguise data
  • USE FAST SPEED CPU MODE – prompts quick testing mode, obligatory for optimization (disables lovely graphics)
  • ALL PAiRS – determines the variety of foreign money pairs and the chance for every pair.
  • SUFFIX (AUTO=ON) – manually assigns a suffix that your dealer makes use of (the system robotically determines it)
  • RISK % [0 = FIXED LOT] – threat that works if OneChartMode = OFF
  • COMMENT – touch upon trades
  • MAX FIRST LOT – the utmost allowable dimension of the primary commerce

  • [BUY] FIRST TAKE PROFIT – most required revenue for BUY trades
  • [SELL] FIRST TAKE PROFIT – the utmost required revenue for SELL trades
  • [BUY] DISTANCE BETWEEN ORDERS – minimal distance for the BUY Grid
  • [SELL] DISTANCE BETWEEN ORDERS – minimal distance for the SELL Grid
  • BUY & SELL MODE – BUY solely or SELL solely mode

  • SMART UNIQ TAKEPROFIT – prompts the scalping mode for the primary two trades
  • WEIGHTED TP – accompanies the revenue within the order grid
  • RANGE VOLATILITY – market volatility coefficient
  • FIRST % VOLATILITY – share of revenue for the primary place, is dependent upon market volatility
  • UNIQ RSI MAX – Most RSI degree for scalping
  • UNIQ RSI MIN – Minimal RSI degree for scalping

  • ALLOW HEDGING – prompts the mode of double bidirectional trades
  • FIRST DEAL RSI PERIO – RSI interval, too excessive worth reduces positions
  • MAX RSI – Most RSI
  • MIN RSI – Minimal RSI
  • ALLOW SMART DISTANCE – prompts distance adaptation in grid mode
  • 2nd TRADE MULTIPLIER – multiplier for the second place
  • 3nd TRADE MULTIPLIER – third place multiplier
  • 6nd TRADE MULTIPLIER – sixth place multiplier
  • MAX DEALS IN GRID – the utmost variety of positions within the Grid
  • MAX SYMBOLS PER TIME – the utmost variety of concurrently energetic symbols

  • AUTO GMT – computerized GMT calculation mode
  • MANUAL GMT – handbook GMT if wanted
  • FIXED LOT IF RISK=FIXED – fastened Lot dimension, energetic provided that Danger=0
  • MAGIC NUMBER – a singular identifier for every transaction
  • MAX BROKER SPREAD – the utmost allowable dealer unfold
  • USE NEWS FILTER – sturdy information filter activation
  • SLEEP MINUTES BEFORE NEWS – variety of minutes earlier than sturdy information to activate the filter
  • SLEEP MINUTES AFTER NEWS – the variety of minutes earlier than after the information to activate the filter
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