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New Settings + Forex Video Series

Forex Video Series

I am a few days late as I have been working hard on putting together a video series that was released to all of my wonderful subscribers in late May.

The video series offered the following help:

  • How to set yourself up with a Forex brokerage.
  • How to set up a basic Forex robot.
  • How to get more out of any Forex robot you currently own or plan on buying.
  • How to spend less time on the computer.
  • How to pick out which Forex robot is right for you.

New Free Forex Robot Settings

A lot of users are already finding success with the free Forex robot that I provided in lesson 1 of the video series and I am very happy to report that!

In lesson 2 I teach traders how to optimize and get solid winning settings. The settings I prefer vary with each robot but as a general rule I like to optimize an EA based on the last four weeks of trading. Today I will provide you with the latest settings I will be running for a couple weeks and I will document my successes and failures. I would love for  you to join me.

forex-settings
Click to enlarge (settings on the right)

What is noteworthy here? Well, we can obviously see that Trade hour 14 is a big winner for us and there is very little draw down. Seems like we got some winners here so grab one and get going.

What I really like about this straddle bot is it’s ability to be customized. I like that it doesn’t trade often and that you can monitor it easily as it will only look for trades one hour of the day. Overall, it’s just great for picking up a few pips here and there.

If you haven’t subscribed to my newsletter and you want a sneak peek, I will show you lesson two that teaches users how to optimize a Forex robot. It is a very useful lesson and many say that it is the best in the series. This is exactly how I got the Forex settings that I just provided you with above.

Watch the video here:

Want the free Forex robot I’ve been discussing in this post? Make sure that you sign up to the mailing list on the right hand side or click the plus button on the bottom left of your screen.

This has been PatrickFX for Forex Robot Nation, I wish you all a whole lot of pips and I hope that these settings prove to be fruitful for all of us.

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

9 comments

  1. Just downloaded Straddlebot and ran optimization test for last month (Sept) with the following results: Trade Hour = 3 (Did most trading on 3, some on 4), Straddle space = 48, I’ve set mm to true, Risk = 2.0, Lots = 1.0, TP = 55, Broker5digit = true. I’ll start a myfxbook page on it this monday, and let you know how she runs!

  2. Hi guys,

    Can anyone provide me the best settings for Straddle?

    Thanks
    MG

  3. Hi Ivan,
    If you dont mind can you share the setting and also the result

    thanks

  4. Hi Ivan,

    Would you mind to share your settings and the pairs you trade?

    Thanks

  5. is there an archive that i can go to to see how to load your bot? please. Regards herb

  6. I am just glad to hear its working well for you Ivan, are you using your own settings that you found or the ones we provide?

  7. Hi, I tried using the free straddle bot and so far, I have 11 out of 15 winning trades, netting me a profit of 10,521.21 USD since 18 Jun 2012, on an account of 100,000 USD. This is 10% returns in 3 days. Great stuff! I will continue to run it and see what is the result at the end of this week and after a month. I have my statement as proof but I am unable to attach it to this message. Let me know if you require the statement to be shared with other members. Thank you.

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