Trading utilities for MetaTrader 4

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MetaTrader 4

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Information

Experts
MetaTrader 4
Xiao Hong Bian
1.10
5

Overview

EA has a Signal monitoring

MT5 Signal:

https://www.mql5.com/zh/signals/1438233?source=Site+Signals+My (normal risk)

Effective scalping system with high stability and low risk.EA runs in a specific time period, automatically determines TP and SL, and does not need to adjust parameters, and works with multiple currency pairs.

Recommended currency pairs: GBPUSD, EURUSD, USDCHF,USDCAD,EURGBP

Timeframe: M5

MT5 EA Version:https://www.mql5.com/zh/market/product/79030?source=Unknown%3Ahttps%3A%2F%2Fwww.mql5.com%2Fzh%2Fmarket%2Fmy#description

Features:

  • One Chart Setup: you only need one chart to trade all symbols
  • Multiple currency pairs support,4-6 currency paris by default
  • Solid backtest and signal monitoring
  • not use martingale or grid
  •  each trade protected by sl and tp !EA automatically determined
  • $100 can run 4 currency pairs, 0.01 lot per pair
  • Self Diagnostic System
  • No need to optimize parameters
How to install
  • The EA must be attached to ONLY one M5 chart, EURUSD is recommended
  • If your broker uses a suffix (e.g. EURUSD.a) you should update names in the Symbol parameter
  • Use recommended pairs . But you can test with other currency pairs 
  • The EA works well for most currency pairs
Requirements
  • Hedging account!
  • The EA should run on a VPS continuously
  • Good ECN broker is preferable
Setting
  • Run currency pairs:4-6 currency paris by suggestion,but you can select other paris or add, you must test.separated by "," ,only onepair=false efficient
  • onepair: Use one pair on the chart, false is recommended, run with multiple currency pairs
  • Lot-sizing Method - Select the lot sizing method according to the MMper you want to take: MM option=false,Fixed Lots will use fixed lot size from the "Fixed lot" parameter, Dynamic Lots will use Dynamic Lot parameter, MM percent Trade will calculate lots based on % MM percent trade
  • MM: Suggestion true. 0.01lots/$100
  • Account loss closing option:Account Balance Loss Percentage Close Out. Suggestion:false
  • account loss closing percent:Set closing ratio.Suggestion:15-30
  • Max Spread, in pips - Max allowed spread for open position. Set:30 












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