Expert Advisor

Pure Algo Trading Robot EA

The Pure Algo Trading Robot project goes back to March 2017. The project was about building 100% hand free trading robot with good return. Unlike our Price Breakout Pattern Scanner Autopilot EA, Pure Algo Trading Robot EA does not care about any trading principle at all. It is purely driven by statistical testing (i.e. backtesting and forward testing) results. Main goal with Pure Algo Trading Robot is to achieve consistency and to adapt any type of market. So far, it showed roboustness to most of major currency pairs. We had the first version running on June 2017 for more than 40 weeks on 4 major currency pairs. The results was stable and scalable. During this time, we have not even changed any single parameters for the EA. The EA operated pretty well on its own. Pure Algo Trading Robot EA is the medium frequency trading robot with ability to run on multiple currency pairs. It is 100% Hand Free Trading Robot.

You might read this article for more information about our expert adviser and trading robots in our website:

 https://algotrading-investment.com/2018/10/25/facts-about-automatic-trading-robot-ea/

EA Inputs

Using EA is extremely simple. You just need to concern only these 7 main inputs.

Main Trading Inputs

  • Start Lot: Manual Lot size if Risk is not used
  • Risk Per each Trade: 0.01 = 1%
  • Strategy Type: 0, 1, 2 (Only 3 Strategies)
  • Reward/Risk Ratio: 1 to 3 only
  • Indicator Period 1: from 30 to 100 in step of 5
  • Indicator Period 2: from 5 to 30 in step of 5
  • EA Magic Number: Magic number of EA

EA Operation

The EA works for any currency pairs. However, due to its slow optimization, the EA is operating on EURUSD, GBPUSD, USDJPY, USDCAD and AUDUSD. EA can be used for any timeframe but we recommend to use between M5 and D1 timeframe. If you prefer to have a human + robot collobroation, then please use our Price Breakout Pattern Scanner Autopliot EA. Pure Algo Trading Robot EA is purely driven by the statistical testing environment. You can only use this robot for 100% hand free trading.

EA Characteristics

  • EA does not use any hedging operation
  • EA does not use any martingale or grid operation.
  • EA is not a high frequency trading robot.
  • EA is a medium frequency trading robot. It is generally less sensitive to the choice of brokers or your vps.
  • EA is designed to run with greater take profit than stop loss most of time.
  • EA can experience some drawdowns and it is a medium to long term trading robot.
  • It is recommended to run the EA for at least two currency pairs.
  • You need to run this EA 24/7 to get the best results.
  • EA always trade with fixed Stop Loss and take profit target, which keep your account safe.

EA Settings

Please use the provided EA setting at your own risk. If you do not like to use this provided settings, you are free to optimize the EA according to your own preferences. For this provide setting, you can use the Risk per each trade from 0.01 (1%) to 0.05 (5%) according to your own risk preferences. Please at least check the Risk per each Trade input once before using this setting. We were using below setting for about 40 weeks.

EURUSD H1 (old)

  • Strategy Type: 0
  • Reward/Risk Ratio: 1.6
  • Indicator Period 1: 36
  • Indicator Period 2: 11

GBPUSD H1 (old)

  • Strategy Type: 2
  • Reward/Risk Ratio: 1.6
  • Indicator Period 1: 50
  • Indicator Period 2: 15

USDJPY H1 (old)

  • Strategy Type: 0
  • Reward/Risk Ratio: 1.6
  • Indicator Period 1: 52
  • Indicator Period 2: 7

USDCAD H1 (old)

  • Strategy Type: 2
  • Reward/Risk Ratio: 2.0
  • Indicator Period 1: 84
  • Indicator Period 2: 7

We are currently preparing new settings for above four currency pairs.

Further Note about EA

We have the EA for both MetaTrader 4 and MetaTrader 5 as a separate product. As you might know, for MetaTrader 5 you can open Netting account and Hedging account (like MetaTrader 4). The provided Setting for the EA is for Hedging account for both MetaTrader 4 and MetaTrader 5. We found that the EA works pretty well on Netting account of MetaTrader 5 too (in fact, it was even better than hedging account). However, we do not provide the setting for Netting account. So please do your own optimization if you use Netting account.


Published Current Version Updated Visits
11 May 2017 2.60 18 March 2018 683

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Price and License

License TypeFree TrialRental (renting) OptionBuying Full License
PriceFreePaidPaid
Website Sign upNo need to sign up or register.
Just enter 00000 to get going
in the Order ID field in
the Product License Viewer
Sign up is required.Sign up is required.
Product FeatureFull FeatureFull Feature, Auto alert on new update.Full Feature, Auto alert on new update.
Expiry TimeYes, it will expire in 2 weeks.Yes, it is for the rented period only.No expiry
Simultaneous Accounts UseLimitedYesYes
Future UpdateLimitedFree future update during the rented period only.Fully supportive free future update

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Sander Clarijs

What is the price of the Pure Algo Trading Robot EA. I dont see price list anywhere