Advisor for Forex MAGELAN CHRONOVISOR

This advisor is one of the best software that is created by our company and is constantly improved. Results of trade and tests speak for themselves! Magelan is a profitable and risk-less advisor for forex trading. First version of this advisor was released in 2010. In Spring 2018, new 8th generation was released.

Main advantage of Magelan v.9.0 Chronovisor, as in previous versions, is a possibility for maximal profit fixing of opened position taking into account current and projected trend movement of currency pair. Difference in 8th advisor version is that new modules of targeted profit and loss hedging were added, as they proven themselves in HEDGE GATE advisor. Most advisors are fixing the profits on pre-determined fixed take-profit. Which in most cases gives an opportunity to take only partial profit of current currency pair movement, or make losses on quote reversals without touching the line of take-profit. In Magelan v.9.0 Chronovisor system of algorithms is used, that calculates market activity for precise market entry and to exit the market when reversal, correction or lowered market activity towards the profit of opened position signals are present. If after closing the position in profit, after pause or small corrections, currency pair still continued its movement and there are sure signals for trend continuation, Magelan v.9.0 Chronovisor will enter the market again and will continue to trade by trend.

Also, version 9.0 has a new and unique filter added, that excludes false market entries against the trend. This filter compares open and close prices of the day, week and month, forming the so called triangle sides for each period. When figures are formed, advisor filters most of the false entries or entries which can lead to profit expectations not inside the trading day with the position being transferred to the next days. Those who like constant market entries and scalping strategies, can disable this filter. But the position will be opened only when signal of the formed triangle will be confirmed by the module of formed candle figures analysis, including ended "pin bars", chosen and filtered by our "catalog of profit pin bars".

In 9.0 version we've added a filter that limits trade opening against the trend, when quote movements passed all calculations and filters, but is located beyond specified levels of support and resistance, where a profit guarantee is decreasing.This filter is not enabled with all trading settings provided for this advisor. As not all instruments are in need of this filter and allow to gain substantial profits without using the support and resistance levels.

• The use of trading settings for the H2, H4, H6 timeframes is possible only in the version for the Meta Trader5 trading terminal.

Available only for registered users who have paid for the license.

You can download all current trading settings. To access the settings download buttons, log in to the site using your login (this is your e-mail address). If you are entering your personal account on https://soft4forex.com for the first time, create your password through the password recovery function.

In your account on the site https://soft4forex.com you can change the numbers of the accounts of the license binding on which the Forex Advisor you purchased will trade.

Current instructions on using and configuring a forex advisor can be found on the advisor description page on our website.

Manual for forex advisor Magelan Chronovisor v.10.2

To view the test results and download the trading settings, in the table below, in the results cell, click on the symbol in the form of "eyes" - the report with the test results will be loaded. In the report, under the schedule, there are two buttons "DOWNLOAD MT4 SET" and "DOWNLOAD MT5 SET", for downloading the trading setting for the corresponding Meta Trader4 or Meta Trader5 trading terminal.

In the table, in green cells, the results with a safe risk / reward ratio are recommended for safe trading. In yellow cells, results with increased risks. And require control of the load on the account balance when using.

Recommended broker for trading with Magelan Chronovisor:

• FxPro
• RoboForex
• FiboGroup
• XM
• Swissquote

We guarantee the quality of our forex robots' order execution, in accordance with international standards, at the presented forex brokers.

Profitability – from 15-30% per month or up to 750% annual with gained profits being reinvested, with minimal usage of free funds. For example, from 2015 to 2018, the profit on the EURGBP currency pair amounted to 431 125.99 USD (4 311%) from the initial deposit of only 10 000 USD (!) see the report in the "Trading settings" section.

Risks – risks of losses is limited by StopLoss. Losses are limited in range of 50 to 100 points per trade, resulting in a possibility of risk for 1.0% to 1.5% in relation to profit of 2% to 10%.
This is an excellent result for profit/loss relation.

Breakeven/averaging - for the traders that don't want to trade with the StopLoss, alternate method is available for losses limitation though averaged profit, or partial position closing on account of gained profits of closed profitable trades. Our system of break even/averaging has nothing in common with such risky strategies as grid averaging or martingale.

You can learn more about how this module works in "architecture,modules" section below.

Indicators - search of predetermined candle figures, determining price levels of trend direction and support/resistance levels. Unique strategy created by Kalinka Capital OU is used as a filter, forming three triangles of price crossings formed on closure and opening prices of X day X week X month and series of formed "pin bars".

Money Management - automated volume control of trading position for market entry in relation to the trading account's balance size.

Time control module - advisor uses more than 15 currency pairs in trading, that are related to the volatility of their trading session. Module is creating a time window based on the time of the Broker's trading server for when each instrument is allowed to search for entry point.

Targeted profit module - this module fixes the total profit of all trading positions, as specified in the trading settings.

Two options are available:

1. Intraday profit : You can set for example, a 2% of daily desired profit. After set target is reached, taking into account all opened positions, Magelan Chronovisor will fix the profit and stops its trading for the day.

2. Profit from set date : This option is more suitable for more fundamental target and with taking into account changes in account's balance. This option is suitable for the PAMM account managers. In trading settings, you can set, for example a 100% profit. And when the account will get a profit equal to 100%, taking the equity into account, all the trades will be closed and profit fixed. After that you need to change the beginning date on a new date of targeted profit fixing and continue your trading to the next target.

Hedging module - Algorithm of actions was missed by the traders who trade with the use of averaging. Now, there are no reasons for to worry about the possibility of deposit drawdown because of a long term loss making position, or its long output in total profit by the same trading instrument, in case if there will be a problematic loss making position.

Now with the help of loss hedging module, loss making positions are taken care of on account of profits fixed on the other instruments. And in most cases, even before the averaging module acts. On account of this module, possible drawdowns decreased by two times, along with profit factor and math expectation. In total the trading results improved significantly.

Smart trail - supports profit position after 5-20 points of profit, or under decreasing volatility of the quotes. For its modifications, "smart trail" makes calculations based on the data of ParabolicSAR indicator by our unique formula, taking into account standard indicator parameters, set timeframe multiplied on our set «value of strength», unique for each currency pair.

AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, CADJPY,CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPUSD, GBPJPY, GBPCHF, USDCHF, USDJPY, USDCAD - recommended to be used with active StopLoss parameters.

AUDCAD, AUDCHF, AUDJPY, AUDUSD, EURAUD, EURCHF, EURGBP, EURUSD, GBPAUD, GBPCAD, GBPUSD, GBPCHF, USDCHF - recommended to be used without StopLoss and activated "hedging module".

For all currency pairs, settings for active trading are supplied in "Agressive" folder, and in "Conservative" for conservative/moderate trading. Recommended leverage is 1:30 and above.