After over two years of developing this algorithmic system, we finally decided on a publicly available version. Over the past period, we have tested all versions on a single account type. However, it's important to note that all versions of this robot, around 15 in total, have been tested. Since November 1, 2023, our final version has been chosen for various reasons.
Firstly, the user interface is very intuitive and compact, enabling easy system operation. Additionally, the robot is configured to trade on XAUUSD in the H1 timeframe, employing all available strategies, currently totaling five. Selecting a strategy is straightforward, simply by choosing from a drop-down menu with the offered options. From our perspective, we utilize all five strategies simultaneously, deploying the robot on five independent charts, each employing its strategy. Consequently, each instance must have a unique ID, commonly referred to as a magic number.
Regarding the performance achieved by the robot over the last three and a half months, it has been more than satisfactory. We sincerely hope it will continue this way in the future. If you're wondering whether better performance could be achieved through optimization, the answer is yes. However, in the current environment, we believe it's unnecessary, as the robot is used with default settings that require no further adjustments.
These settings refer to configuration set files created after parameter selection following robot optimization. Essentially, we have streamlined the entire process as much as possible. The robot is simultaneously designed for both MT4 and MT5 platforms, offering users the choice to utilize either one.
In the publicly available versions released on the MQL5 online market, a lot size calculation system based on percentages is integrated, offering the option to choose a fixed lot size instead of a percentage-based calculation.
Regarding other parameters such as SL, TP, BE, and TS, all these parameters are calculated based on the ATR indicator and expressed as coefficients. Despite its simplicity and minimal UI, this robot encompasses highly advanced functionalities. The first unseen functionality is the automatic adjustment of stop levels, if applicable, as certain brokerage companies have stop level settings for each symbol while others do not.
Additionally, the robot determines the slippage, eliminating the need for manual intervention. The second visible advanced option is the ability to work with all types of orders. By default, market orders are used, with both buy and sell options. However, the robot offers a choice—a crucial aspect for those seeking optimization or wishing to use the robot on a different symbol or timeframe.
Inside this robot, a highly advanced system has been implemented, allowing us to automate a significant portion of tasks within the system. This has enabled the robot to be compact, user-friendly, and comprehensible for both professional traders and beginners alike.
Thor MT4
It's also crucial to know that we're here, always here, continuously improving all our systems, including the Thor expert advisor. Our claim is easily verifiable if you follow our work. We are here, and our systems are always up to date with the platform and all necessary enhancements that we deem necessary. Furthermore, we enhance our systems based on client requests if we believe the idea is beneficial and will enhance the application.
Thor MT5
The THOR expert advisor has embarked on its exponential growth, and we sincerely hope it will remain so in the coming years because the fundamental principle we established at the very beginning remains intact to this day.
Finally, we want to thank all our clients and partners who have supported our work over the past period. That's all for now, and we wish you a pleasant day.
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