E-Turbo FX is a
server side VertexFX VTL expert adviser, that runs on the dealing rooms' server
for free irrespective if the client terminal is open or not. e-Turbo expert
adviser trades strong upward or downward moves emerging in the candle chart.
When a strong directional move is emerging in candle chart, price move is
likely to continue in that direction. The EA is designed to take advantage of
this.
An upward move
emerging in candle chart is identified by the candle pattern where three green
candles are formed successively, with increasing upward momentum in each
candle. Emerging downward price move is identified by the candle pattern where
three white candles are formed with increased downward momentum is formed.
The trading system rules are:
The trading system rules are:
1 Buy when three green candles are formed (open of the candle is below the close of the candle) with each candle having increased momentum (Open Close range of each candle is increasing)
2 Sell when three white candles are formed (open of the candle is above the close of the candle) with each candle having increased momentum (Open close range of each candle is increasing)
3 Close open position on fixed stop loss or target.
E-Turbo can be
customized through the parameters. Parameters are located at the top of the
script. Open the EA in VTL editor and the parameters can be modified in the
Editor. Parameter “N” is the number of candles to check for the candle pattern.
“Stop Loss” and “Take profit” defines the stop loss and take profit levels in
pips. The lot size and the symbol to auto trade are defined by the parameters “Lot ” and “Symbol”. Parameter “Chart period” determines
the candle chart time frame to use.
To use E-Turbo FX expert
advisor download it from here, then
place it at VertexFX VTL directory:
C:\ProgramData\VertexFX Client
Terminals\"Company name"\VTL10\Local VTL Files.
Then right click on the tree and select refresh or restart your client station and you will find it under VTL server scripts in your client terminal.
For more information about the E-Turbo FX expert adviser you
can check this video: