FTSE Retractor

FTSE Retractor is a professional expert advisor made for MetaTrader 5 trading platform. It uses the dependable Relative Cyclicality indicator to identify the price retraction moments. This software is optimized only for spot CFD of FTSE100 Index (UK100). FTSE Retractor is a fully automated trading software including also a manual entry interface. FTSE Retractor was developed starting in May 2011 for MT4, and in 2022 was converted for MT5 with better profitability and no significant differences between the backtest and real trading results.

Version: 3.82
Last update:

FTSE Retractor is a dependable software made for professional traders and investors. It includes 16 original trading strategies, working consecutively, depending on the market conditions. The default settings are optimal. A specific stop-loss protects each trade. The user must set only the allocated risk or a custom trading volume according to his risk and capital management plan. A capital exposure protection level can be also set to protect the capital when using more expert advisors in the same capital account.

This software is an investment tool, not a high frequency trading software. It includes also Adaptive Cyclicality, Super Trend, Connors RSI, Fisher Transform, Smoothed Heikin Ashi, Relative Smoothed Heikin Ashi, Relative Momentum, Order Blocks, and Price Action Line indicators. Relative Cyclicality, Relative Momentum, and Price Action Line are displayed on the main screen.

This expert advisor is designed, tested and optimized for USD capital accounts with 1:500 leverage with hedging, and a minimum capital of 10000 USD. For this case, the risk can be set between 1% and 50%, at the user's choice. This program was not designed and tested for lower capital.