Hippo Trader Pro: Advanced Forex Trading Robot with Trend Following Strategy
Hippo Trader Pro is a highly effective forex trading robot designed to optimize trading during the Asian and European sessions. This Expert Advisor (EA) follows a Trend Following strategy and has undergone rigorous stress testing over 17 years, consistently delivering a favorable profit-to-drawdown ratio.
Key Features of Hippo Trader Pro
- Works on EURUSD M1: This EA is specifically designed to trade on the EURUSD pair using the M1 timeframe, ensuring quick and efficient trading decisions.
- Fifo Compliant: With the correct settings, Hippo Trader Pro complies with Fifo regulations, making it suitable for various trading environments.
- Market Analysis: The EA uses advanced market analysis techniques without relying on outdated indicators. It identifies the primary trend by analyzing volatility using the ATR Filter and other trend patterns to predict future market movements.
- High-Accuracy Backtests: Extensive backtesting has shown a high payout rate, demonstrating strong resistance to unexpected market events.
How Hippo Trader Pro Operates
- Relative Vigor Index Oscillator: The EA utilizes the Relative Vigor Index to accurately identify trends, optimizing entry and exit points.
- Global Stop Loss: Default global stop loss is set at $1,000 (or equivalent currency) per 0.01 lot, allowing for adjustable risk management.
Running a Backtest
To ensure optimal performance, we recommend running a backtest using data from 2003 to today. If you’re unfamiliar with backtesting, refer to our detailed guide: How to Backtest Any Trading System Correctly.
Recommended Settings for Optimal Performance
- Symbol: EURUSD
- Timeframe: M1
- Test Period: From 2003
- Minimum Deposit: $1,000 (recommended $3,000)
- Market Entry: Market Order
- Tester Method: Tick by tick
- Fifo Compliance: Yes, with the appropriate set file
Customizable EA Settings
- Lot Size: Manually set or enable autolot for automatic adjustments.
- Risk Management: Adjust risk settings for autolot calculation (not a percentage of capital).
- Trade Parameters: Customize ATR periods, trading hours, and more to suit your strategy.
- Money Management: Set limits for maximum loss and profit targets to stop trading automatically when thresholds are hit.
Additional Features
- Dynamic Position Management: The EA allows for manual adjustments or automatic trend-based decisions, ensuring flexible trading management.
- User Interface: Easily monitor and manage trades with a customizable panel that displays essential trading data and controls.
Optimize your forex trading strategy with Hippo Trader Pro a robust, reliable, and customizable trading robot designed for serious traders.
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