Forex Vantage is marketed as a highly effective analytical tool designed for automated trading on the Forex and cryptocurrency markets. Built for the MetaTrader 4 platform, Vantage EA claims to utilise a specialised algorithm that analyses price action over specific time intervals to identify market strength and amplitude, potentially using an arbitrage scanner indicator.
According to the developer’s description, the bot’s operating principle focuses on trend reversals, closing positions when a trend loses strength and opening new ones in the opposite direction. It also reportedly utilizes overbought and oversold signals to execute trades with confirmation from a main signal system.
Key Parameters
- General – Magic Number, Comments, ECN Mode, Asynchronous Mode.
- Money Management (MM) – EnabledMM (Automatic risk calculation), MyVolume (Fixed lot size).
- Grid/Martingale Settings – LimitOrdersSeries (Max orders in a basket), ExponentOrdersSeries (Multiplier for lot sizes).
- Signals – PolyParamsA through PolyParamsH (likely coefficients for the internal signal algorithm).
Recommendations
- Minimum cent account balance of 100$ or equivalent standard account. (The developer states that it can function with a standard account of $1,000.)
- Works best on EURUSD, AUDCHF, AUDJPY, CADJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY. (Work on any Pair)
- It works best on H1. (Work on any TimeFrame)
