What is Albatross EA?
- Vendor website: https://www.mql5.com/en/market/product/123325
Original price: $3600
Forex EAs Mall price: $35 (you save 95%)
Highlighted Features:
Why Choose Albatross?
- Innovative Market Analysis: Albatross leverages proprietary algorithms to evaluate price fluctuations over specific timeframes. It relies on real-time data and unique indicators to uncover the strength and momentum of trends.
- Dynamic Position Management: With seamless automation, the robot closes existing positions and initiates new ones whenever market trends shift, promoting consistent capital growth.
- Smart Overbought and Oversold Signals: Albatross detects ideal buy and sell points using its built-in signal system, ensuring risks are minimized while profits are maximized.
Sophisticated Signal Management
- Buy Signal: Triggered when price indicators dip below a predefined threshold and rebound upward, confirmed by the EA’s primary algorithm.
- Sell Signal: Activated when price indicators exceed the set limit and then drop, with validation from the core signal system.
Reliability You Can Trust
- Risk and Capital Management: Albatross is optimized for accounts starting at $1,000 but shines brightest with $3,000 or more, ensuring stability and reduced risk exposure.
- Comprehensive Trading Tools: Equipped with trailing stops, start options, stop-loss, and take-profit features—both real and virtual—the EA provides unparalleled precision and adaptability.
For traders seeking a reliable and intelligent assistant, Albatross EA offers a powerful blend of innovation, risk control, and market insight. Experience its potential to transform your trading journey.
How Albatross EA Works:
- Used on platform: MetaTrader 4
- Currency pairs: Works with various currency pairs.
- Time frame: H1.
- Minimum deposit: 1000$.
- EA trading automated 100%.
- Recommend Leverage: 1:100.
- EA supports trailing start, trailing stop, stop loss and take profit (both real and virtual)
Backtest the EA from Forex EAs Mall
Albatross EA Review
The Albatross EA, specifically version 4 (v1.6) for MetaTrader 4, is an automated trading system designed for Forex trading, focusing on currency strength and price action. It supports various major currency pairs such as EURUSD, GBPUSD, AUDUSD, NZDUSD and USDJPY, operating optimally on the H1 timeframe. Its key features include:
- Algorithmic Approach: The EA leverages trend and volatility analysis, providing optimized buy/sell decisions and identifying profitable opportunities during market reversals.
- Risk Management Tools: It incorporates customizable settings like trailing stops, take-profit, stop-loss, and advanced money management, ensuring both capital protection and optimized returns.
- Backtesting Performance: Results from 2014 to 2024 indicate strong profitability across different pairs with minimal drawdown. For instance, the EURUSD test achieved a net profit of $274,558 from an initial $1,000 deposit, with a drawdown of 4.62%.
- Adaptability: The EA is suitable for ECN and standard accounts, requiring a minimum deposit of $1,000 and a leverage of 1:100 for optimal performance.
- User-Friendly Setup: With preloaded settings and customizable parameters, the EA is accessible even for beginners.
While the Albatross EA demonstrates robust backtesting results, it is essential to approach such tools cautiously, understanding that past performance does not guarantee future success. Always consider the risks involved in trading and test the EA on a demo account before live trading.
Expert Advisor is a creative trading robot designed to analyze the market using specialized algorithms, ensuring reliable and efficient management of your investment capital.
The unique analysis algorithm of Albatross evaluates the intensity and amplitude of price movements, accurately predicting trend reversals and facilitating optimal trading decisions.
EA operates 24/7, providing maximum efficiency for your time and resources while ensuring reliable control over your investment capital.
Recommended Settings for Albatross EA
- Trading Platform: Use MetaTrader 4 (MT4).
- Currency Pairs: Focus on major pairs like EUR/USD and GBP/USD, as these are commonly optimized for Expert Advisors, but verify the specific recommendations for Albatross EA.
- Timeframe: A common setting is H1, though it can vary depending on the strategy (scalping or trend-following).
- Account Type: ECN accounts are typically recommended for their low spreads and fast execution.
- Leverage: High leverage, such as 1:500, is often recommended to maximize trading capacity, especially with smaller deposits.
- Minimum Deposit: Ensure a minimum deposit of $100 or more to support trading without risking margin calls.
- Risk Settings: Adjust risk parameters according to your risk tolerance, such as setting a low lot size or percentage per trade.
- VPS Hosting: For 24/7 trading and reduced latency, using a VPS is highly advised.
How to install and run the Albatross EA Trading Bot in Metatrader 4?
Step 1: Prepare Your MetaTrader 4 Platform
- Download MetaTrader 4 (MT4): Ensure you have MT4 installed on your PC. Download it from Forex EAs Mall.
- Set Up an MT4 Account: Open a demo or live trading account with your broker.
- Enable Expert Advisors:
- Open MT4.
- Go to Tools > Options > Expert Advisors.
- Check Allow automated trading and Allow DLL imports.
Step 2: Install the Albatross EA
- Download the EA File: Save the .ex4 file (Albatross EA) to your computer.
- Locate the MT4 Data Folder:
- In MT4, click File > Open Data Folder.
- Navigate to MQL4 > Experts.
- Copy the EA File:
- Paste the .ex4 file into the Experts
- Restart MT4: Close and reopen MT4 to load the EA.
Step 3: Attach the EA to a Chart
- Open a Chart:
- Select the currency pair (e.g., EUR/USD) and timeframe (e.g., M15 or H1) recommended for Albatross EA.
- Add the EA to the Chart:
- In the Navigator window, under Expert Advisors, locate Albatross EA.
- Drag and drop it onto your selected chart.
- Set Parameters:
- Adjust settings like lot size, stop-loss, and risk management based on the EA’s manual or your preferences.
- Click OK to apply the settings.
Step 4: Start Trading
- Activate the EA:
- Ensure the AutoTrading button on the MT4 toolbar is green (active).
- A smiley face should appear in the top-right corner of the chart, confirming the EA is running.
- Monitor Performance:
- Keep an eye on the trades and adjust settings as needed.
- Consider using a VPS for continuous trading and reduced latency.
Notes:
- Always test the EA on a demo account first to understand its functionality and performance.
- Use a reliable broker with low spreads and fast execution to optimize EA performance.
- Refer to the user guide provided with Albatross EA for specific recommendations.
This setup ensures a smooth and effective trading experience with the Albatross EA.
If you encounter any problems or need detailed instructions, please refer to the documentation provided with the Albatross EA or contact us directly for the fastest support.
Settings and parameters
To fully understand the capabilities of Albatross, it is important to familiarize yourself with its parameters:
- MagicNumber: A unique identifier that allows you to distinguish orders from others.
- FixLot: Sets a fixed lot size for each trade.
- Money Management On: Activates the money management system.
- Money Management: Determines the risk level depending on the deposit size.
- CountSeria: Determines the number of trades in one series.
- TakeProfit: Sets the profit level at which the trade is automatically closed.
- StopLoss: Sets the loss level at which the trade is automatically closed.
- vTakeProfit and vStopLoss: Virtual take profit and stop loss levels for additional flexibility.
- trStart and trStop: Parameters for setting up a trailing stop.
- LengthJAW, LengthTEETH, LengthLIPS, LengthDECVIATION, CountWARP: Specific parameters that determine the rules of the robot.
- Working parameters
- Currency pairs: Works with various currency pairs.
- Timeframe: H1.
- Leverage: 1:100.
Albatross EA Download
Link download Albatross EA ver4 v1.6 MT4 NoDLL will be sent to your email after purchase.
+ Expert :
- Albatross ver4 v1.6.ex4
- Unlimited / NoDLL / Build New Version
- Free 1 Year Updates
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Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this EA works, then only use it in a real account.
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