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Onda FX – profitable robot based on the standard indicator

Published: 07.03.2015
Reading time: 8 minutes
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Onda FX is a profitable forex advisor, which is based on a simple and very popular among traders standard indicator called Bollinger Bands. This indicator shows on the chart of the wave (in Italian "Onda"), from here and the name of this advisor. It is based on Bollinger Bands and build strategies of the OndaFX EA. In addition, the advisor uses and additional trading rules and automatically adapts to market volatility.

Сharacteristics of Onda FX

  • Platform: Metatrader4
  • Currency pairs: EURUSD, AUDUSD
  • Trading Time: Around the clock
  • Timeframe: H1
  • Current EA version: 1.00
  • Recommended broker: Roboforex, XM, FBS

Onda EA backtests

The default settings, are changed only the parameters lot_size_1, lot_size_2 and lot_size_3.

EURUSD
2012-2014
lot_size_1=0.1; lot_size_2=0.1; lot_size_3=0.2onda-fx-eurusd-backtest

EURUSD
2012-2014
lot_size_1=0.1; lot_size_2=0.1; lot_size_3=0.2onda-fx-audusd-backtest

As you can see, in this case the right approach in working with simple technical indicator, made a very profitable forex advisor, especially for the pair EURUSD.

Very important! For correct work of Onda EA the trading platform should be enabled with the opening of the market on Sunday night before it closed on Friday evening. If you cannot keep your computer in working order 24/5, it is recommended to use Forex VPS ➔ Forex VPS

In the archives OndaFX-EDU.rar:

  • Experts - OndaFX-EDU.ex4
  • Presets - set_OndaFX.set

Free Download Onda FX

Author:
Daniel
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Comments:
  • lungelo
    Published: 19.03.2015 Reply to the message

    greetings

    great work.. has this EA been forward tested ?

  • Erns
    Published: 11.06.2015 Reply to the message

    OndaFx work also in Alpari nano.

    Thanks

  • ken
    Published: 12.10.2015 Reply to the message

    Hi Daniel, this is indeed a good EA. But the properties has been changed to your name. Is the source programming of the EA is still reliable? Or do you add some modification? Anyway, thanks for the sharing

  • peepbb
    Published: 31.03.2016 Reply to the message

    Bad MM. Will wipe account.

  • Sohail
    Published: 12.08.2016 Reply to the message

    i am using this EA from one year only on EURUSD H1 pair with my settings, it is giving me average more than 20% with low draw down.

    • Ciao, quali sono le tue impostazioni? grazie
      Published: 26.08.2016 Reply to the message

      Ciao Quali sono le tue impostazioni,
      Ggrazie

    • r0mza
      Published: 21.07.2017 Reply to the message

      does it open more then one trade at a time?.. if yes.. which setting do i change :(

  • Misbah
    Published: 04.10.2016 Reply to the message

    Hi, can you please upload Forex Libra Code? I saw it's videos and I really want to play with it. Please help.

    • Gary
      Published: 23.11.2016 Reply to the message

      Forex Libra Code cost $997. But it is not for sale anymore. There were only 1100 copies for sale. It is not a free program.

  • Miroslav
    Published: 18.12.2016 Reply to the message

    I have a problem: when I try to backtest I get "Zero Divide" error ?

  • FABRI
    Published: 17.04.2018 Reply to the message

    HELLO NICE WORK... BUT I WOUL LIKE TO HAVE THE LEGGEND ( EXPLANATIONS) ABOUT THE SETTING OF THIS E.A
    THANK YOU

  • Moragaabuse Mabale
    Published: 01.07.2020 Reply to the message

    can you please upload Ordin

  • Arifuddin amin
    Published: 28.11.2020 Reply to the message

    please help. can show robottrick forex robots

  • Eric
    Published: 05.05.2021 Reply to the message

    Good day Daniel,

    I find your in-house EA very interesting. If you have any other .set files, I'm willing to go for some comprehensive testing.

    Regards

  • Fran
    Published: 26.05.2022 Reply to the message

    Dear Daniel, the EA is fantastic, it works really well, but only locally, when we try to upload it to the VPS it tells us that the file is very old and it needs to be "recompiled".
    Can you tell us where or how to get the updated file to be able to upload them to the VPS?
    Thank you.
    Fran.

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