Onda FX – profitable robot based on the standard indicator
Onda FX is a profitable forex advisor, which is based on a simple and very popular among traders standard indicator called Bollinger Bands. This indicator shows on the chart of the wave (in Italian “Onda”), from here and the name of this advisor. It is based on Bollinger Bands and build strategies of the OndaFX EA. In addition, the advisor uses and additional trading rules and automatically adapts to market volatility.
Сharacteristics of Onda FX
Platform: Metatrader4
Currency pairs: EURUSD, AUDUSD
Trading Time: Around the clock
Timeframe: H1
Current EA version: 1.00
Recommended broker: Roboforex, XM, FTMO
Onda EA backtests
The default settings, are changed only the parameters lot_size_1, lot_size_2 and lot_size_3.
EURUSD
2012-2014
lot_size_1=0.1; lot_size_2=0.1; lot_size_3=0.2onda-fx-eurusd-backtest
EURUSD
2012-2014
lot_size_1=0.1; lot_size_2=0.1; lot_size_3=0.2onda-fx-audusd-backtest
As you can see, in this case the right approach in working with simple technical indicator, made a very profitable forex advisor, especially for the pair EURUSD.
Very important! For correct work of Onda EA the trading platform should be enabled with the opening of the market on Sunday night before it closed on Friday evening. If you cannot keep your computer in working order 24/5, it is recommended to use Forex VPS ➨ Forex VPS
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