Trading Robots for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
This expert advisor includes 4 different systems based on SFE Lib. The systems are:
- High Cap , Breakout , Impulse and Reversal.
From version 1.1 5th system 'Quality Trend' Added.
HC, BRE and IMP are 'price action' kind, the best symbols are BTCUSD and ETHUSD. Other crypto symbols can be used but at the moment spreads on MT5 brokers are still too high to be worth using.
Also can be used with other types of symbols, forex, cfds indices, as long as they are symbols with large movements. Other profitable symbols for example are US indices (US30, US500, USTEC).
Reversal system is for use with forex symbols
Current price 250 USD (3 of 5 left) - next price 300 USD
Backtest
Live setup
The EA is very easy to configure, and can be used with the default parameters. Only the parameters related to the size of orders should be checked.
The EA should be attached to ONLY one chart, for example a BTCUSD chart on any time frame.
The EA is very light on resource demand, and can be used with other EAs.
Main parameters
- Risk factor. Multiplies the different systems individual risk
- Bitcoin/DowJones Name. put the name of the bitcoin symbol (or Dow Jones). Leave blank for to not use this filter.
- Symbol List. put all the symbols to trade, separated by semicolon
- Balance Percentage. For each system, assign the percentage of balance. 0 for to not use this system.
- Percentage Risk. Risk assumed of the assigned balance in one position
- Test Fix Balance 10.000 (Put 1 for Fix the balance to10.000) the size of the orders will be calculated always with this fixed value
