Network AI EA Review

The Network AI EA is an advanced system that uses the power of artificial intelligence and neural networks to analyze macroeconomic data released during the news and make trading decisions based on them. The Expert Advisor uses the news to exit trading positions and therefore cannot be tested in the strategy tester. Please remember to change the “WorkMode” settings to “mode_Real” for the EA to work. The Expert Advisor will connect to news web sites and therefore you have to tick the “Allow WebRequest” in Tools>Options > Expert Advisors.
Add the following: “https://ec.forexprostools.com”, “https://worldtimeserver.com” and press “OK”. The EA takes news from the specified websites.t with the default settings on eurusd gbpusd nzdusd audusd m5. For best results, it is recommended to cancel the direction of trade on the EA panel on the chart – “trade buy” (green color on the panel will mean that the EA is allowed to buy, red that is prohibited) or “trade sell” (similarly). For choosing the direction of the trend I use Gold Stuff indicator. The adviser has 4 strategies – on stochastics, RSI, MA and maintaining orders opened by the user, averaging is used. My settings always pinned at telegram group.

You can add orders at any time – simply by opening them, the adviser will also lead them, even if you open them from the terminal in the phone.

Network AI chart

Features

  • Open new series – on / off beginning of a new series of orders.
  • Start lots – start lot.
  • Trade Buy – allow the adviser to buy.
  • Trade Sell – allow the adviser to sell.
  • Use hedge – allow the adviser to trade both direction buy and sell. If off only one trade direction.
  • Use Money Management – on / off use of automatic lot calculation.
  • Autolot. Free margin for each 0.01 lot – the amount of free margin for opening every 0.01 lots.
  • Lot miltiplier – lot multiplier for the following orders.
  • TP – take profit, in pips.
  • SL – stop loss, in pips from the first order.
  • Trail Start – activation of a trailing stop.
  • Trail Step – distance from the price when activating a trailing stop.
  • DD Reduction Algoritm – drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
  • Number order for DD Reduction Algoritm –  from which order the drawdown reduction algorithm is activated.
  • Percent profit for DD Reduction Algoritm – percentage of profit when closing orders in the drawdown reduction mode.
  • Magic – is a special number that the EA assigns to its orders.
  • Fix distance – fixed distance between orders
  • Order dinamic distance – from which order will the dynamic distance be applied in order.
  • Dinamic distance start – the starting value for the dynamic distance.
  • Distance multiplier – the dynamic distance multiplier.
  • Start, End hour – time for opening the first order.
  • Maximum Lot – maximum lot.
  • Maximum spread – the maximum spread for the adviser.

Expert Advisor backtest

Network AI back test

Network AI EA reviews

Network AI reviews

Conclusion for this robot

Network AI EA is a premium trading strategy and developed by Vasiliy Strukov. What we specially like about this expert advisor is that it has found a way to collect macro economic data using AI. On the downside, this is the reason it cannot be tested in the strategy tester. Basically it is a fundamental strategy and we absolutely like this way of approacing the forex market. After all, news is what moves prices. Since this EA cannot be tested, make sure to start with a small amount in your account and see how it works. If you are new to forex robot trading, you can try a free forex robot and see if automated trading is for you.  
 

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Risk warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results. Currency trading involves high risk and you can lose a lot of money.

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