Consolidation Trading Robot
with Roulette TRADER Money Management

Non-Hedging & FIFO Compliant for US Brokers!

An Automated Expert Advisor (EA)
for the MetaTrader4 Trading Platform

Includes presets for different pairs & more added soon!










































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System Details

This MT4 Expert Advisor (EA) is designed for Consolidation or Counter-Trend trading strategies so it does best in choppy or ranging market conditions. The EA will trade ANY time frame or currency pair that your broker offers in MT4 (MetaTrader4), including gold, silver, CFDs and cryptos.

This EA includes the Roulette Trader Money Management System built-in but it can also be disabled and traded in Fixed-Lot mode via a True/False setting. It also includes many other customizable settings, which you can optimize for the typical price range and volatility of your desired currency pair and time frame. This EA is FIFO friendly and does not hedge so it is compatible with US brokers.

Signal Logic

The signal logic is based around a Moving Average Envelope and is quite simple, yet very effective. In the settings, you set the Min/Max distance of the signal envelope from the primary Moving Average of your choice (the MA3 setting). There are 5 types of moving averages to choose from, including the highly desired Hull Moving Average (HMA), which is included free with the EA. When price enters your Moving Average Envelope on either side of the primary Moving Average, it will signal.

For example, if your Moving Average Envelope is 100-150 pips above SMA 100, then it will generate a sell when a candle closes in this 50-pip range above SMA 100. Likewise, a Buy will open when a candle closes 100-150 pips below SMA 100. This allows you to pick off the highs and lows in a choppy or ranging market. The Max setting on the envelope helps to prevent the EA from signaling against a strong trend when price would typically stay beyond the 150 pip range.

Consolidation Trade Signals using Moving Average Envelopes

In the settings used above, the EA SELLS on the first red candle to close in the upper envelope and BUYS on the first green candle to close in the lower envelope with the setting "CloseOppositeOrder=True"  to allow reversal signals without hedging. The settings used are SMA 117 with the signal envelopes at 90-120 pips above & below SMA 117 on a GBPJPY 15-Min chart.

EUR/USD Consolidation Signals

The following Consolidation Signals are on a EUR/USD 4-Hour chart.

EUR/USD Consolidation Signals
Cumulative Wins Money Management, 14-Unit Cycle Target

The following backtest is on the EUR/USD 4-Hour chart using Cumulative Wins Money Management with a 14 unit cycle target. The signal envelopes are 29-80 pips distance from HMA 10 (trade signals shown above). This backtest does not include compounding of profits between money management cycles. To compound your profits between cycles, you should increase the unit/lot sizes after each 14 unit cycle is completed (a win at 14 units). Allocate at least $300 capital for each 0.01 unit size.

Consolidation Signals on EUR/USD 4-Hour Chart (Preset 3a)

EUR/CHF Consolidation Signals

EUR/CHF Consolidation Signals
Cumulative Wins Money Management, 8-Unit Cycle Target

The following backtest is on the EUR/CHF 4-Hour chart using Cumulative Wins Money Management with an 8 unit cycle target. The signal envelopes are 27-75 pips distance from HMA 10. This backtest does not include compounding of profits between money management cycles. To compound your profits between cycles, you should increase the unit/lot sizes after each 8 unit cycle is completed (a win at 8 units). Allocate at least $250 capital for each 0.01 unit size.

Consolidation Signals on EUR/CHF 4-Hour Chart (Preset 2a)

GBP/USD Consolidation Signals

GBP/USD 1-Hour Consolidation Signals

The following consolidation signals follow Linear Weighted Moving Average 30 with a 30-78 Signal Envelope. It Buys on the first green candle 30-78 pips below LWMA 30 and Sells on the first red candle 30-78 pips above LWMA 30.

GBP/USD Consolidation Signals
Negative Progression Money Management

The following two backtests are on the GBP/USD 1-Hour chart using the Negative Progression Money Management with a 7 unit Max lot size. These consolidation (counter-trend) strategies make a great compliment to the Trend-Following Robot's GBP/USD 1-Hour strategies, which do best in opposite market conditions (trends).

This backtest does not include any compounding of profits. You can compound profits monthly or bi-monthly by loading a preset file for a larger unit/lot size. I recommend allocating at least $450 capital for each 0.01 unit size. Allocate more than $450 per 0.01 unit size for safer trading to better sustain potentially larger draw-downs.

Negative Progression Money Management is more risky than Positive Progression money management because it increase lot sizes following losses and decreases lots following wins. Therefore, the more funds you allocate per 0.01 unit size, the better you can sustain potentially large drawdowns. Combining this strategy with a Trend-Following strategy on the same pair can also help reduce the draw-downs. The upside of this money management strategy is that losses are often recovered quickly and new equity highs are frequent.

GBP/USD 1-Hour Chart (Preset 3b) 

The backtest below (using Preset 3c) uses the same consolidation trade signals as the preset shown above (3b) but slightly more aggressive money management (it increases lots following a wider range of losses for quicker loss-recovery), which reflects in the larger profit and smoother equity curve, but also a larger max draw-down. Therefore, I recommend allocating at least $500 per 0.01 unit using this preset.

GBP/USD 1-Hour Chart (Preset 3c)

 

GBP/USD Consolidation Signals
Cumulative Wins Money Management, 12-Unit Cycle Target

The following backtest is on the GBP/USD 1-Hour using the Cumulative Wins Money Management System with a 12 unit cycle target. This strategy makes a great compliment to the Trend-Following Robot's GBP/USD strategy (presets 1a and 1b) because they also use signal envelopes based on HMA 70.

This backtest does not include compounding of profits between cycles. To compound your profits between cycles, you should increase the unit/lot sizes after each 6 unit cycle is completed (a win at 6 units). I recommend allocating at least $300 capital for each 0.01 unit size.

GBP/JPY Consolidation Signals

Cumulative Wins Money Management
with a 6 Unit Cycle Target

The backtest below is on a GBP/JPY 15-Min chart using a signal envelope 90-120 pips above and below SMA 117 (as shown in the Signals screenshot above). It is using the Cumulative Wins Money Management strategy with a 6-Unit Cycle Target, averaging $548 profit per cycle target using 0.01 unit size. That's 182% profit per cycle if allocating $300 per 0.01 unit at the beginning of each cycle. Scale up the unit size and compound your profits according to your balance after each 6 unit cycle target is reached.

The green bars at the bottom of the graph show the lot sizing up to a 6 unit cycle target. The starting lot size was 0.01 with a max lot size of 0.06 (the cycle target). When a win occurs at the cycle target, the EA drops the lot size back to 1 unit (0.01 in this example) to lock in the profits from the previous cycle. This would be the point to increase the lot sizes to compound your profits. This preset is included with the EA.  

GBP/JPY 15-Min Consolidation Signals, Preset 2a.

Robot Settings

Robot Money Management Settings

MINIMUM PIPPETS Settings Explained (10 Pippets = 1 pip)

Minimum_Pippets_for_a_Win: This setting requires that the minimum sized win be at least this large to qualify for a lot increase on the next trade when Use_Negative_Progression=False. 3000 = 300 pips.

Minimum_Pippets_for_a_Loss: This setting requires that minimum size of a loss be at least this large in order to qualify for a lot decrease on the next trade when Use_Negative_Progression=False. 1500 = 150 pips.

The lot sizing system is reversed when Use_Negative_Progression = True, meaning it will increase lots following qualified LOSSES and decrease lots following qualified WINS, according to the Minimum Pippets settings.

HOW TO CUSTOMIZE YOUR TRADING HOURS...

TRADING HOURS:
Most of the presets included with this EA use a 23-hour trading window between 00:15 and 23:45 AM Jerusalem Time (GMT+3), which excludes trading on the midnight rollover candle. This is because spreads widen up to 20 pips at this time. If the time zone of your MT4 PRICE FEED is NOT on GMT+3 time zone, you will need to adjust the StartHour and EndHour settings in the EA properties. The preset files included for the GMT+3 time zone. PLEASE NOTE: The time on your charts has no relation to your local time. Your charts will reflect the time of your broker's price feed server providing the data. To check the time of your charts, place the cross hair tool over a current 1 minute bar and the time will appear at the bottom of the cross hair. GMT+3 (Jerusalem) is the time zone most commonly used by brokers for their price servers. Do not change the minute settings. Trading hours are in military time (0-23 hours). The default settings of the EA are in bold font...

Start Time: 00:15  (Set to 22:15 for GMT (London) chart time zone.
End Hour: 23:45  (Set to 21:45 for GMT (London) chart time zone.

The EA includes preset files for GMT+3 time zone (Jerusalem time). If your current chart time does not match this and you're not sure what StartTime and EndTime settings to use, please contact me so we can figure it out. You may use the World Clock to calculate the difference in time zones at: www.timeanddate.com/worldclock/

UTC/GMT time is located below all the city times on the World Clock (link above).

Chart Time

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Trend-Following Robot

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Consolidation Robot

Super-Compounds Profits in Choppy Consolidation!

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Risk Disclosure

This website does not guarantee income or success of the product beyond the specific 60-day performance guarantees for each product. There are many factors that can effect each person's individual results. Examples shown in this presentation do not represent an indication of future success or earnings but merely historical performance based on specific trading models, some of which is hypothetical. Past performance is not indicative of future results. The company declares the information shared is true and accurate.

U.S. Government Required Disclaimer - Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.

*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN