Expert adviser Thor Professional – Fully automatic robust long-term investment Forex robot with news filter
system. It’s frequency of trades depending on market and signals generated – between 5-7 trades/month and 50-90 trades/year/symbol
roughly estimated. Open trades can be chosen to be closed with either regular take profit, stop loss and trailing stop (recommended) or
using reversed signal order close. Entry signals received from a special developed indicator – Thor Alpha 5.
Trading with Thor Professional
Adviser works on five currency pairs and it’s recommended to trade all five pairs at once for best performance,
either as multi behavior or single which practically means – Multi and the adviser trade all five pairs without queue,multiple trades at the
same time or Single were the adviser always queue waiting for the current trade chart to finish it’s order before processing others.
Thor adviser settings explained in detail
It’s easy to start with this expert adviser, almost all settings are fully automated, adjusting itself to the
chart it’s attached to. Only settings to pay attention to is news filter, 3 day swap closing hours, if comments should be visible on chart and
if adviser should print event messages to terminal journal – all the rest is automated. I’ll explain each one of the available settings in
detail for better understanding of it’s purpose.
Journal / Comment setup
Journal messages – Adviser print events to your terminal journal/experts with information about
Chart comments – Should adviser show information (panel) on chart or not.
Panel color – Set the desired panel background color
MM type – Fixed or dynamic. Fixed means the adviser always trade with a defined fixed lots size which
never change. Dynamic means the adviser calculate lots size automatically by a defined percentage.
Trading hours setup
Start and stop hour – Default 00:00 – 20:00 (server time) should not be tampered with unless
Adviser behavior type – Multi or single (see above explanation ‘Trading with Thor Professional’
Order close method – Regualr TP/SL or reversed. Using regular TP/SL adviser works by these levels
and closes the order if one of them gets hit. Using reversed the adviser closes an order upon a reversed signal.
Auto magic – Magic number will be automatically assigned to each currency pair and will always be
the same even if you remove or restart terminal. Additionally you can define your own desired magic to each pair.
Slippage – Order slippage
Order comments – Define your own string comment for buy/sell orders
Trailing stop setup
T-Stop – Use trailing stop to secure profits or not. If adviser behavior set to reversed this
function will automatically be turned off
3 days swaps setup
Avoid 3 day negative swaps (Thursday night) – Turn this function on or off, recommended to be
Order profit types to close – See above explanation ‘ 3-day negative swap protection’
Each currency pairs order close time (server time)– Defaults should not be tampered with,
only if necessary change these inputs
This filter can be setup as desired, what type of news to process, time range where the adviser will not trade and if
an order should be closed when a time range of a news will be entered – See above explanation ‘News filter’
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