Fish Forex Robot

Developed by: Rita Lasker.  This claimed to be the the first EA based on NO RISK (tm) technology which supposedly can double your account in a month. The EA trades at the same time daily from Monday to Thursday and opens a pending buy limit and sell limit order at the same time with a target in between.

The algorythm is programmed to wait for one or both of the trades to be triggered and closed in profit when the price reverts median between the buy and sell trade.

The EA uses martingale money management to Open and close trades when hen the profit target or stoploss is reached. If the trades was a losing one then a loss adjustement trade is placed which is of 5 times the size of the initial trade with a bigger stoploss as well.

Lot sizing is important for any martingale type EA in order to ensure trading margin is managed within safe limits. The default Lot1Size is 0.1

Pairs Traded: EURUSD Time Frame: h1

Test Performance Data

for Statement     for Dashboard