Forex Alchemist FREE Download

SKYNET uses a fully automated smart adaptive algorithm. This system calculates the history data and conducts the analysis based on the probability of where the upcoming breakout of the support and resistance level will occur and places pending orders.

The Expert Advisor readjusts to any market conditions. It was backtested and optimized, utilizing real ticks with 99.9% quality. It has passed stress testing. The EA includes the algorithm of statistics collection with output on the information panel.

Forex Alchemist FREE Download


  • Default settings are Optimized for EURUSD And M30 Timeframe
  • Minimum deposit: $100.
  • Maximum spread: 0 – 20 points.
  • 5-digit quote ECN Broker. (Find the Perfect Broker For You Here)
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  • Order Type – select trade direction.
  • Magic – trades ID.
  • Order Comment – comment to orders.
  • Slippage – allowed slippage before an order is triggered.
  • Risk Protection Close Orders – when set to true, the EA uses forced position closing to protect against losses.
  • Use custom slippage – close positions in case of a slippage.
    • custom slippage – slippage in points.
  • Information_graphics – information on the chart.
  • Use_strategy_Breakdown – use a breakout strategy.
  • Max Spread – maximum spread allowed before pending order triggers.
  • disable trade if spread high – disable trading for some time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread.
  • Custom_balance – FreeMargin = false or Balance = true.
  • Use_Risk MM – if this is true, the lot size will increase when account balance grows (Risk Management).
  • Percentage Risk – lot increase based on the balance (risk management in %).
  • Fixed Lot – Fixed lot value (if Use_Risk_MM – false).
  • Take Profit – take profit in points.
  • Stop Loss – stop loss in points.
  • Adaptive trading stop – if true – adaptive trailing stop.
  • Set Trailing Mod – six trailing stop modifications.
    • Trailing_modification_1  TO Trailing_modification_6 – modification 1 to 6
  • Trailing Stop – trailing points when the position is in profit. (-1 = off, 0 = Stop_Loss).
  • Trailing Step – trailing step when the position is in profit.
  • Breakeven Target PipsInp – if the price exceeds the value, breakeven triggers. (-1 = off).
  • Breakeven Jump PipsInp – stop Loss moves to breakeven at this distance.
  • Show_Info_Panel – information panel. (if set to false, the testing process in the Strategy Tester will be faster).
  • Visibility Order_Stop Percent – placing a pending order after moving N %.
  • Delete Order_Stop Percent – deleting a pending order if N % less.

Parameters for strategy 1 and 2:

  • Use Strategy 1 – use the first strategy.
  • Use Strategy 2 – use the second strategy.
  • Step Orders – step of the distance from virtual order to the current price.
  • Step Factor Orders – factor if the price moves away from a virtual order.
  • Step Orders Factor revers – reverse if the price moves towards a virtual order.
  • breakdown past weeks – when set to true, the EA uses breakdown of past weeks.

Trading within the week:

  • Monday – when set to true, trading on Monday is allowed;
  • Friday – if true, trade on Friday.

Trading by time within the day:

  • Use time – if true, the EA trades by time;
  • Time_Setting – server time or computer time;
  • GMT setting – GMT settings;
    • GMT Mode – manual setting;
  • GMT_mode – GMT offset of the broker server time (0 – disabled);
  • Every_Day_Start – operation start time (hh:mm);
  • Every_Day_End – operation end time (hh:mm).

Time to disable on Friday:

  • Use time – if true, the EA trades by time;
  • Disable_in_Friday – operation end time on Friday (hh:mm).
  • custom commission – commission for calculation of slippage
Forex Alchemist FREE Download
Forex Alchemist FREE Download