FxPro Quant - Forex Club
Contents
1. Period Please note that if for example we are using a 3 hour chart this function will return the number of minutes included in this timeframe in a numerical form that is 120 Point Shows the minimum price change of the current Symbol eg for EURUS will return 0 00001 Please note that one point for each currency pair is equal to 1 10 of its Pip Status Contains the information of the current platform state e g Connection to broker Demo or live account backtest or live trading etc Digits Returns the number of digits after the decimal point in the quote of the current price e g for EURUSD returns 5 and for USDJPY returns 3 Market Data Ask Ask price of the latest tick This is the lowest quoted offer price among the available Sellers Bid Bid price of the latest tick This is the highest quoted offer price among the available Buyers First tick This node triggered on the first tick of every new Bar Historic data Bar chart data High Low Open Close etc Instrument Info Instrument specific info Minimum Lot Spread etc 28 FxPro Financial Services 8 Output Alert Ask price of the latest tick This is the lowest quoted offer price among the available Sellers Print error text Prints the last error that occurred during EA execution to the Experts tab Print Log Prints the specified message to the Experts tab requires bullion to connect to FxPro Financial Services SSS SSS 292. The RVI compares the positioning of a security s closing price relative to its price range and the result is smoothed using an exponential moving average of the values The idea behind RVI is that the energy of the move is established by where the prices end up at the close Standard Deviation The Standard Deviation is a statistical measure of volatility typically used as a component for other indicators Stochastic The K D compares where the underlying instrument s closing price is relative to its price range over a given period of time based on the observation that prices tend to close near the extreme of the trading range during uptrends downtrends George Lane Williams Present Range Williams s R is a momentum indicator measuring overbought oversold levels It is similar to the Stochastic Oscillator except that it is plotted upside down Larry Williams 23 FxPro Financial Services 2 Input Boolean input Specifies a boolean external input for the whole EA e g True False Number input Specifies a decimal number external input for the whole EA e g 1 1 12345 5 12323 0 0001 Integer input specifies a whole number external input for the whole EA e g 123 321 String input Specifies a text external input for the whole EA e g MyEAName EURUSD 3 Math Absolute Returns the absolute value of the specified numerical input e g 2 will return 2 and 2 will return 2 Arithmetic Returns the res
3. another node s value or a number that can be typed in the Compare node s Parameters Box as Valuez2 Expanding on this example let s consider that we are interested in creating an EA that sells when the underlying instrument s Ask price is higher than the Bollinger Bands BB upper band Setting therefore the Bollinger Bands node as Valuez2 the relevant field on the compare node s parameters box is populated Compare eal otf Value 1 gt Ask Compare Value 2 Bollinger Bands etl Bollinger Bands FxPro Financial Services EE 1 0 b Defining Function Values Now consider that we wish to set an external Number Input to be able to change the Bollinger Bands period when our Expert Advisor is completed By dragging in the relevant node and connecting it to the Bollinger Bands node a new window appears enquiring which parameter of the BB system we would like the number input to stand for Bollinger Bands Symbol eal eal Timeframe Curent Je Deviation a abl Period Bands Shift Number input Boll Deviation PP Close Price Bands Shift Output Value Upper Line Shift Back vile Shift Back As presented in the figure above selecting the Period parameter will populate the relevant field in BB s node and the length of the relevant period will thereafter be controlled by the external number input For the sake of this example please also note that for the BB s Output Value we select
4. 0 all slippage Stop Loss points 200 e Info Nodes which return account and market info Compare 1 al al R e g Example of an Info node Using the Free Margin level available in an account as one of the conditions for initiating a new trading position tl Ask oll bed ofl al ore ae ompare ht Envelopes Sell Order FxPro Financial Services Open Position e Trade Trading operations used to initiate modify or close trades Example of a Trade node Initiating a new trading e g position based on the comparison of the current value of the MACD Main Line with the value of the MACD Signal Line Account Compare Account Parameter the market al waa AND j al l j Open Position e Market Data Instrument related data drawn from e g Example of a Market Data node Initiating a new trading position based on the comparison of the current Ask price with the value of the Envelops band Note that the Ask node has no parameters to customise since it merely returns the price of the best Ask price from the market Compare Ask m al L oll oll e Output Reporting functions such as alerts and error text printing to aid with the testing of Expert Advisors Envelopes Print error text Print error text Trigger Compare e g Example of an Output node Detecting error messages on the compar
5. 2 Period Deviation Bands Shift Applied Price Output Value Shift Back Case A D The Magic Index As you may have probably noticed by now for all nodes that involve trading operations there is a mysterious Magic Index parameter There is even a Magic Index node under the Trade group of functions in FxPro Quant So what is this number about epee Open Position Trigger Every time a new order is opened by an EA in the MT4 a unique number called the Magic number is assigned to it This If no orders parameter is used in MQL4 as a reference symbol in order to enable Expert Advisors to arn differentiate between the orders they have opened and those opened by another EA il or manually by the user Slippage Stop Loss points The Magic Index parameter in FxPro Quant adds some digits at the end of an order s Magic number so that by referencing it we can instruct our EA to act upon those particular open positions to either modify close or even return information on those trades FxPro Financial Services EE 1 5 Let s take an example Consider that an EA is built in order to initiate Buy and Sell orders based on a simple Moving Average crossover system This means that the system will be opening both types of trades whenever these conditions are met It will perform a Buy order whenever the fast MA crosses above the slow MA and a Sell order whenever the opposite happens eal eal Fast
6. Fx Pro for serious traders Trade Forex Like a Pro
7. Goichi Hosoda MACD The MACD is a trend following indicator based on the relationship between two exponentially smoothed moving averages of the closing prices Gerald Appel Momentum The Momentum indicator measures the amount an instrument s price has changed over a given period of time J Welles Wilder Money Flow Index MFI measures the strength of money flowing in and out of an instrument over a given time span It is related to the RSI but also accounts for volume Gene Quong Avrum Soudack Moving Average A Moving Average is an indicator that takes the average value of a security over a given period of time FxPro Financial Services 34 On Balance Volume The OBV is a momentum indicator that relates volume to price change It is a running total on volume showing the money flowing in and out of an instrument Joe Granville Parabolic SAR The Parabolic Stop amp Reverse is a trend following system constantly tailing the price action often used by traders as a trailing price stops setter The aim is to pinpoint when there is a higher than normal probability of a trend reversal J Welles Wilder Relative Strength Index The RSI is a smoothened price following oscillator with a range of 0 100 and is a very popular countertrend oscillator This setup works best in a range environment when overbought oversold readings are more likely to signal a change in direction J Welles Wilder Relative Vigor Index
8. MA all Buy abl Compare abl Slow MA Sell Now consider that we also want to instruct our EA to close these trades when the reverse happens That is to close the Buy trade when the fast MA once again crosses below the Slow MA and vice versa Close Buy bl oa Fast MA ol mut otf Compare ol Slow MA Sell Close Sell So how would our system know which of them to close if we instruct it to close the Buy orders only FxPro Financial Services 1 6 That is where our Magic Index is of use Close Buy Trigger Magic Index Trigger Trigger Magic Index Magic Index If no orders Lots 0 all Symbol Slippage Side Lots 0 all Slippage Stop Loss points By using the same Magic Index for Buy and Close Buy say 1 and a separate Magic Index for Sell and Close Sell say 2 the system recognises which orders to close In FxPro Quant under the Trade node there is also a Magic Index node that allows the Index s number to be set as an external input linked directly to other nodes That is to be used in a similar manner as the Number Input is used in the example found in the Defining Function Values section of this manual FxPro Financial Services EEEE 1 6 Save amp Export To save and export our EA just press the Save button
9. Market News EJ Algo Trading FxPro Quant s Create New Expert Advisors created and saved will be presented in a list format available for future use or modification under the same page FxPro Quant Robot name Comments Create New Name Creation Date Comments Delete Edit Download My Second Robot 2013 05 08 16 43 36 Implementing a more complex strategy i oO E3 My First Robot 2013 05 08 16 41 03 creating a simple EA e 4 These EAs can be deleted edited or downloaded for use as per request FxPro Financial Services E 3 4 Interface amp Menu Parameters Box The FxPro Quant screen consists of two main parts the Components Menu and the Main Workspace Area Components Menu It includes a list of all components available for use in order to build Expert Advisors The components which are supported by the MT4 platform are grouped into broad categories based on their functionality and use An extended description of each function also referred to as a node is presented in this manual Main Workspace The workspace serves as the drawing board for creating Expert Advisors EAs This is done by dragging amp dropping functions onto the workspace and then connecting them to each other using the available logic in order to implement the user s desired trading strategy The Parameters Box as the name suggests displays the selected node s available parameters if any and allows
10. for their customisation These parameters are the same as on the MT4 platform Mamentum Momentum Symbol Time Frame Period Applied Price Shift Back Example Parameters available for the customisation of the Momentum indicator FxPro Financial Services EEEE 4 5 Main Components amp Functionality A Drag amp Drop FxPro Quant is designed to be simple and easy to use by everybody To use any of its components just drag amp drop anywhere on the workspace area and it will be ready to use Releasing the mouse also populates the parameters box with the node s specific parameters Move Select By selecting any node on the main workspace the user can move around modify the ofl i parameters or even delete the node in question Aceeeratar eecel erator oil Accelerator Decelerator B Main Component Groups FxPro Quant Components Menu groups all functions into nine broad wal categories of nodes which are the building blocks for the creation of Expert Advisors Rar SAR Parabolic SAR Tambi e Indicators Includes standard MT4 wie Pr EO supported indicators and allows customisation of the same inputs as are the MT4 cians Example The Parabolic SAR e g system with the same available parameters as on the MT4 platform FxPro Financial Services E 5 e Inputs These are external inputs that can be assigned to other nodes There are four types of inputs namel
11. it is market or pending order etc Order Data Extracts specified piece of information from an order with the specific magic number Order ticket Open Price Profit Stop Loss etc 26 FxPro Financial Services Open Position Opens a market order whenever the node is triggered either long or short according to Side preference set by the user Send Pending Opens a pending order whenever the node is triggered The price is either an absolute price value e g 1 12345 or a number of points above below current price eg 200 Close Position Closes a market order with the specified Magic index whenever the node is triggered Delete Pending Deletes a pending order with the specified Magic index whenever the node is triggered Modify Position Modifies an open order s Stop loss or Take profit levels The order is recognized by its specified Magic Index Modify Pending Modifies a pending order s Stop loss or Take profit levels The order is recognized by its specified Magic Index 6 Info Account Contains all the available account information Balance Equity Free Margin Profit etc Last error Returns the error ID of last error that has occured during the EA execution eg returns 130 if failed to send order due to invalid stops A list of possible error can be found at http docs mql4 com constants errors Leverage Returns the maximum leverage allowed for the account FxPro Financial Services E 27
12. on the top right corner or head directly for the Close Visual Builder button in which case you will get a popup window asking whether you want to Save your strategy before exit Close Visual Builder Save strategy before exit Exit without saving FxPro Financial Services EE 1 8 7 FxPro Quant Functions Nodes 1 Indicators Accelerator Decelerator The AC is used to measure acceleration deceleration of the current driving force therefore used to predict the change of the driving force on the market The AC changes direction before any changes occur in prices so it provides an earlier warning Bill J Williams Accumulation Distribution The Accumulation Distribution tracks the relationship between price and volume and acts as a leading indicator of price movements The indicator uses volume to confirm price trends or warn of weak movements that could result in a price reversal Marc Chaikin Average Directional Movement The ADX system is designed to primarily determine whether a traded instrument is trending and if so in what direction J Welles Wilder Alligator The Alligator is a trend identification tool that makes use of 3 Moving Averages to represent the movements and interaction between different time periods Designed to detect the beginning and exhaustion of trends this indicator will typically perform poorly in ranging markets Bill J Williams Average True Range The ATR is a measure of
13. volatility It is a moving average of the True Ranges J Welles Wilder Awesome The AO is designed to show the current market momentum It is created using the difference between the 34 period and 5 period simple moving averages of the bar s midpoints H L 2 Bill J Williams 19 FxPro Financial Services Bears Power The Bears Power indicator shows the strength of the Sellers If the indicator is below zero the bears are strong if it is above zero they are weak The indicator aims at identifying if a bearish trend will continue or if the price has reached a point where it might reverse Alexander Elder Bollinger Bands The Bollinger Trading Bands wrap around the price chart measuring volatility widening during volatile markets and contracting during calmer periods John Bollinger Bulls Power The Bulls Power indicator shows the strength of the Buyers If the indicator is above zero the bulls are strong if it is below zero they are weak This indicator aims at identifying if a bullish trend will continue or if the price has reached a point where it might reverse Alexander Elder Bill Williams Market Facilitation The MFI attempts to determine the efficiency of price movement by quantifying the price movement per unit of volume Bill J Williams Commodity Channel Index The CCI measures the variation of the underlying instrument s price from its statistical mean Donald Lamber De Marker Based on t
14. you can then test your system under current circumstances using one of our risk free Demo accounts Take as much time as you want and make as many rehearsals as you deem fit so that your big show is worth staging 4 g y il Making your life easier with FxPro Quant FxPro Quant is a revolutionary new tool designed to act as your personal EA Developer Utilising simple drag amp drop technologies and a plethora of inputs such as technical indicators mathematical functions account info and market data FxPro Quant enables users to create their own Expert Advisors without requiring any MQL4 programming knowledge By introducing this service FxPro virtually eliminates the boundaries to entry to the world of Automated Trading Robots enabling for each and every one of our clients the use of cutting edge technology to improve their trading performance Whether you want an EA to trade on your behalf or just for consulting FxPro Quant is the way forward FxPro Financial Services E 2 3 0 Getting Started After logging in to your FxPro Direct account you will find FxPro Quant under our Dashboard section in the left hand menu To start building your first robot choose a name for it and click on the Create New button FxPro Quant Robot name Comments stil Dashboard a i FxPro Dashboard mx My Dashboard Gay Trading Central gilt Autochartist faa Economic Calendar Product Updates EJ
15. FxPro Quant Making the creation of Expert Advisors as easy as it gets User Manual FxPro Trade Forex Like a Pro Disclaimer The FxPro Quant is a visual Expert Advisor EA builder that has been developed outside FxPro or the Firm by a third party and is provided to you in good faith on an as is basis Therefore the Firm accepts no responsibility for the use of the FxPro Quant and the build installation and use of an EA developed through it Under no circumstances FxPro shall be held responsible for any eventual inaccuracies trading or other losses you may incur as a result of an EA developed through the FxPro Quant Even if all reasonable efforts have been made by the Firm to ensure the proper operation of the FxPro Quant FxPro cannot guarantee the accuracy of performance and or results of any EA developed through the FxPro Quant No representation is being made by the Firm in relation to certain results that may be achieved by an EA developed through the FxPro Quant Prior to running the FxPro Quant to develop an EA you need to carefully consider any risks including but not limited to those involved in trading Contracts for Difference The Firm does not represent warrant or covenant i the availability of the FxPro Quant EA for an unlimited period of time ii the continuous operation of the FxPro Quant EA and iii the performance or fitness of the FxPro Quan
16. Max Ask Value2 FxPro Financial Services EEEE 1 3 Nodes that do connect are not necessarily right for each other Connecting the Account Balance node to the RSI is permissible since the oscillator may receive input values for both its Period and Shift Back to be used in the calculations But does this make any sense Period TL Shift Back Account Balance Relative Strength Index The importance of direction in connecting two Nodes Can you spot the difference between the two combinations presented below tl eal tll etl Bollinger Bands Arithmetic Bollinger Bands Arithmetic Case A Case B They might look alike at first glance but in Case A the Bollinger Bands node connects to the Arithmetic node while in Case B the exact opposite happens This makes a huge difference This becomes obvious by reviewing the Parameters Boxes of each case In Case A the Bollinger Bands calculated value has been used as an external input to substitute for Value1 used in the calculation of the Arithmetic operation BB Value 2 in this case In Case B however it is the sum derived by the Arithmetic operation that is used as a parameter to derive the Bollinger Bands substituting for the Period in the calculations This is a totally different operation FxPro Financial Services EE 1 4 Arithmetic Bollinger Bands Value 1 Bollinger Bands symbol Operation Time Frame Value
17. Upper Line so as to compare our Ask price with the bands upper line as desired c Resulting Output Having completed our input comparison structure we now wish to command the EA to sell whenever these conditions are met To do so we introduce an Open Order node from the Trade category which we rename to Sell Order for convenience Attempting to connect the Compare node to our Sell Order you will notice that the connector that appears is coloured in green colour Sell Order eal Trigger Compare Sell Order Magic Index If no orders etl etl Symbol Ask Compare Side Lots 0 all l 4 Slippage of of Stop Loss points 200 Number input Bollinger Bands 11 FxPro Financial Services d Reverse Output FxPro Quant also allows us to use nodes as triggers in the event that the Reverse Output is true That is a node can still act as the system s trigger but only if the condition set is not met To demonstrate this functionality let s assume that this example s EA is required to execute a Close Sell in the event that our condition is not met That is when the Ask price of the underlying instrument is not higher than the upper Bollinger s Band then the EA should close the open Sell Order Dragging on the workspace a Close Position node we rename it to Close Sell and customise its parameters Close Sell l Trigger SeN Order i Magic In
18. dex Lots 0 all onl ott Slippage Ask Compare otf ofl Number input Bollinger Bands The condition we need to set is the exact opposite of what we have set for our Sell Order That is we need to Reverse our condition Link Compare gt Close Sell eal etl Reverse output Sell Order Clos Sell ofl l eal Ask Compare al TL Number input Bollinger Bands To do so just click on the Connector to select it and then select Reverse Output True in the node s Parameters Box FxPro Financial Services 12 Link Compare gt Close Sell Yv all abl i Sell Order _ Closq sell abl al Ask Compare al al Number input Bollinger Bands If two Nodes do not connect it means they are not meant to Connecting functions to create your system is admittedly as easy as it gets with FxPro Quant In some cases however you will find that some nodes refuse to connect with each other In those cases it means that the logical sentence you are attempting to create makes no sense Consider for example the following three nodes Max AND Ask Connecting the Max node or the Ask node to an AND node cannot possibly make any logical sense since there is no condition to be satisfied in order for our statement to be true Attempting to connect the Ask node to Max however makes perfect sense since it will represent one of the values to be compared in order to derive the maximum
19. e node of the previous example e FxPro Library FxPro custom made functions intended to facilitate the creation of more complex Expert Advisor systems FxPro Financial Services E 8 C Connectors Now that we know all about the main component groups we need to learn how to combine the tools and conditions we want to use in order to build our Expert Advisor s logic In FxPro Quant the only way to combine nodes and form more complex logical statements is by the use of Connectors Connectors are built in every node so there is no use to go looking for them To reveal a connector simple click anywhere on a al node s outer diameter and drag the mouse Ask There are four different types of connections that can be established between nodes In order to demonstrate how these types of connections work we will present a simple EA construction as an example FxPro Financial Services EER 9 a Comparing functions In order to make a comparison between two nodes or even one node and a number input drag the connector onto the compare node s outer diameter When the mouse is released Compare etl eal Value 1 Compare Type Value 2 Value 1 Ask Value 2 the user is prompted to select whether the newly connected node will represent Value1 or Value2 in the compare relationship The user can then select to compare the value of the node the Ask price of the instrument in this case with either
20. es How many times have you switched on your computer just to find out that you are too late for grasping a trading opportunity And how many times were you forced to wait for hours in order to open monitor a trading position After all the currency market moves 24 5 Using an expert advisor can significantly trim down the time you spend in front of a monitor Use your time more wisely to form a profitable trading strategy and let technology take over the long hours 5 Avoid Trading Mistakes Being human makes manual trading prone to mistakes Making trading decisions as well as submitting and managing trades may be affected by wrong calculations compromising profit potential For example setting wrong Stop Loss levels or miscalculating an Order s size can prove catastrophic for your investment Trusting these otherwise manual calculations to EAs can greatly increase the accuracy of your trading assisting this way to the achievement of much improved results FxPro Financial Services SSS SSS 1 6 Back testing Demo trading Strategy Optimisation and Results analysing Creating an Expert Advisor is like performing on stage You do not want to put on the big show before you are ready FxPro MT4 terminal supports testing strategies on historic data where you can visualise the results on chart in order to improve and fine tune your system to achieve optimum performance You can compare between different versions and strategies and once you conclude
21. have no set maturity date Hence a CFD position matures on the date you choose to close an existing open position Seek independent advice if necessary Please read FxPro s full Risk Disclosure Statement http www fxpro co uk documents risk disclosure notice Table of Contents Waat Ari Se AIVI OT aaria tela ane eentn devas E A EEE 1 So why use an Expert AdVISOT ssessessesseeseessessesseoseeseessessessesseosesseoseoseeseeseessesseoseoseeseessessesseoseoseeseessessesseosesss 2 GENI ANEO e E E E E E EE E EE E E E EE E 3 VEST TAGE amp MENU sorniera iraner EnS EATER EEN PISUEN OEO SEa EENAA TEn SENAERA RAAT 4 Main Components amp Functionality ssesseesseseessessessessesseeseessessessesseoseeseessessessesseoseeseessoseeseessessesseoseoseeseessesss 5 SELL A E P E N E E O E N EE AA E A NA O E A E E 17 FxPro Quant Functions Nodes esessesseseesessesseseesessesseseseeseesessesreseessesoesessesseseesoesessessesreseeseeseseseeseeseesesrese 18 1 What is an Expert Advisor EA An Expert Advisor in short an EA is a mechanical trading system MTS which users can apply in order to automate their trading Expert Advisors can both inform the trader about a possibility to trade or even execute trades automatically by sending orders directly to the broker s trade server EAs function on the basis of pre programmed trading strategies that incorporate market prices analysis money management and trade execution rule
22. he comparison of the period maximum with the previous period maximum the DeM Indicator attempts to measure the demand for the underlying instrument The index is used to determine overbought oversold conditions Tom Demarker Envelopes The Envelopes trading bands define the upper and lower boundaries of an instrument s normal trading range They are comprised by two moving averages shifted upward and downward FxPro Financial Services ______ 20 Force Index The FI is an indicator that uses price and volume to assess the power behind a move or identify possible turning points The Fl combines direction extent and volume as an oscillator that fluctuates in positive and negative territory as the balance of power shifts Alexander Elder Fractals The Fractal Indicator uses a series of at least five successive bars in order to identify resistance support levels and it is used in order to try and determine turning points Bill J Williams Gator The Gator oscillator tracks the periods when the Alligator indicator balance lines widen or narrow down convergence divergence As a trend indicator it is most useful during strong directional trends Bill J Williams Ichimoku The Ichimoku Kinko Hyo is a moving average based trend identification system that builds on candlestick charting aiming to improve the accuracy of forecast price moves It factors in time as an additional element along with the price action
23. ion set the comparison of two values evaluates to true E g if Value1 gt Value2 AND Ability to add together a number of different conditions The node is triggered when all of its inputs nodes are triggered Please note that only other logic operations can be connected to an AND function Compare AND OR It is possible to combine several AND functions in a single statement which is useful when creating complex expressions OR Ability to check if either or all of the conditions connected are valid The node is triggered if at least one of its input nodes is triggered Please note that only other logic operations can be connected to an OR function Compare AND OR It is possible to combine several OR functions in a single statement which is useful when creating complex expressions 5 Trade Magic Index The Magic number is one of the parameters of the OrderSend function used in MQL4 to open a new order It is a unique number assigned to your orders as a reference that enable EAs to differentiate between the orders that opened and those orders opened by another EA or manually This node allows the magic number to be set centrally and then linked directly to other nodes No Orders Returns True if there are no open trades for any of the specified magic indices Order Status Checks whether an order with specific magic index has the specified property e g if it is a Buy Sell order if
24. s set by the creator of the trading system In simple words a trader can record his trading strategy and then use programing language to write a small or large trading program that will follow the conditions set to initiate and close trades It is important to note that EAs run locally on your personal computer and therefore for the system to function the FxPro MT4 platform must be running and connected to our servers 2 S0 why use an Expert Advisor EA 1 Organise your thoughts The mere attempt to record and codify your strategy will make a better trader out of you Needless to say that even if you decide to monitor your trades manually an Expert Advisor can become a valued consultant 2 Liberate yourself from Greed amp Fear When real money is on the line emotions are rising high inevitably affecting trading decisions EAs act on the basis of a fixed logic and therefore allow the execution of emotion free trades 3 Make Trading less Stressful Trading without a pre defined strategy can produce a lot of stress especially when things do not go the way we hoped for Deciding on Position opening Lot size Stop Loss level and actually sticking to the plan is sometimes much harder than it sounds Using pre programmed trading strategies Expert Advisors can eliminate traders anxiety since the process of making trading decisions becomes calculative and unemotional 4 Make Trading less Time Consuming Identify more Trading Opportuniti
25. t EA for a particular purpose By using the FxPro Quant to develop an EA you understand and accept that there is no such software that is free from any errors You are advised to independently test and verify an EA developed through the FxPro Quant in a demo account environment prior to attaching the EA to a real trading account You agree to hold harmless FxPro its officers directors employees advisors consultants or other partners for any act or omission in the course of or in connection with the FxPro Quant and or an EA developed through it Important note FxPro provides you the FxPro Quant subject to the to the Client Agreement Terms and Conditions of Business Order Execution Policy and other documentation received by the Firm and accepted by you during the lifetime of your FxPro trading account Risk warning Contracts for Difference CFDs are complex financial products that are traded on margin Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage As a result CFDs may not be suitable for all investors because you may lose all your invested capital You should not risk more than you are prepared to lose Before deciding to trade you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience Past performance of CFDs is not a reliable indicator of future results Most CFDs
26. ult of a basic arithmetic operation Addition subtraction multiplication and division Exponential Returns the value of e raised to the power of specified numerical input Logarithm Applies the natural logarithm function to the specified numerical input e g log 123 Max Returns the largest of the two specified numerical inputs For example Max 4 5 6 5 6 FxPro Financial Services EEE aL 24 Min Returns the smallest of the two specified numerical inputs For example Min 4 5 6 4 Mod The function returns the floating point remainder of division of two numbers For example if x 10 and y 3 since x a y b gt 10 3 3 1 gt gt gt gt gt b MathMod x y 1 Power Raises the specified numerical input to the specified power e g 4 to the power of 2 will return 16 Random A random value is chosen from a range of values specified by the user Choosing Reset with time will enhance operation Round Round a decimal number to the specified level of precision or alternatively introduce a ceiling or a floor Square root Returns the square root of specified numerical input For example Square Route 16 4 Trig Applied a trigonometric function to a given numerical input e g Sin Cos Tan etc FxPro Financial Services eee SSS 25 4 Logic Compare Ability to compare two different values in terms of equal larger smaller gt lt lt gt This node is triggered if the condit
27. y Boolean Number Integer and String Example of a Number input used e g to set the value of the parameter Period in the Bulls Power indicator al al othe ol vi Moving Av 14Days aati Moving Av Days e g e Logic Nodes used in order to connect a system s parts together There are three logical operations Compare And Or e g Example of a Logic node Comparing the value of the MACD Main Line Value 1 with the value of the MACD Signal Line Value 2 The logical statement examined here is whether Value1 gt Value2 oll oll Humber input Bulls Power Bulls Power TimeFame Cm j Period Numberinput Applied Price close Price Shift Back e Math These are Mathematical operations used to Value 1 Moving Av 14Days derive values for use in our Expert Advisor models Value 2 Moving Av 9Days Example of a Math node Using the Max function connected to two moving averages set as Value1 and Value2 will always return the maximum value of the two If for example MA9 4 and MA14 7 our Max 4 7 7 al T MACD Main Line abl T MACD Signal Line Value 1 Type Value 2 MACD Signal Line FxPro Financial Services E 6 ay MAQD Malr Lire LE ase al Compare MACD Signal Line Open Position Tigges compares Magic Ind agic Index al if no orders Symbol Side Lots
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