Trading Robots for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
ReboundMaster trades on rebounds using scalping and martingale. To work correctly, you need a hedge account type of Metatrader 5. The Expert is configured for EURUSD (the most liquid currency pair with the minimum spread) timeframe M1. The Expert uses all the ticks. Preferably a leverage of 1:500.
Backtest does not guarantee similar results in the future. Forex brokers have their own history of quotes. The results of backtests may not match. Before real use, test the Expert on your account.
Default settings are preferred for use, but you can search for other values, for other instruments, timeframes, etc.
A high-risk strategy.
Rebound Master uses a complex system of calculations, and at the same time is easy to use.
How to install
- The EA must be attached to M1 chart, EURUSD
Requirements
- Hedging account! preferably with a leverage of 1:500 - your profitability depends on it.
- The EA is sensitive to spread and slippage. A good ECN-broker is needed.
- The EA should run on a VPS continuously.
Settings
- BalancePerStrategy - (fixLot must be zero). This is the amount of money that should be enough for all martingale steps and drawdown.
- fixLot - (must be greater than zero). The first step of the martingale.
- PositionsInterval - minimum distance between positions.
- minTP - minimal TakeProfit in money terms.
- frequency_of_trades - frequency of trades (1-max, 2, 3, .... , min)
- coeff_step2 , coeff_step3 , ... , coeff_step9 - martingale coefficients
- stepLimit - amount of martingale steps.
- m_magic - unique number assigned to EA positions.
- spreadLimit - the limit of the spread at which the EA works.
MQL5 version https://www.mql5.com/ru/market/product/85463
