Steady Flow MT5

Steady Flow MT5 is a fully automated system which has been developed to make strategies compatible with price action patterns.

• Protected by stop loss and take profit
• The Expert Advisor does not use martingale, grids, hedging, averaging and other risky strategies
• Enable or disable news filtering according to user needs
• Continuously generating profits
• Can trade full time in all conditions
• Works well in all market conditions, either trend or sideways
• This EA has passed 18 years back test of tick data (2003-2021)

Key Features

• Timeframe: M15
• Major currency pairs: GBPUSD, EURUSD, USDCAD, USDCHF, USDJPY, AUDUSD and NZDUSD
• Use 4 or 5-digit accounts
• Minimum deposit: $100+ 
• It is recommended to use a low spread ECN Broker, 1:100+ leverage       
• Backtest with "1 minute OHLC" modeling quality. This mode already makes possible the usage of Trailing Stop and viewing the price dynamics on other timeframes.
• If trading multiple currency pairs on the same account, assign a different magic number for each currency pair

Parameters

• MagicNumber - magic number to set the ID for each EA
• Lotsize - Dynamic increase / Fixed increase 
• Initial_Lot - initial lot size 
• LotsizeRisk - proportional lot sizing, based on the risk setting chosen: it makes a risk setting of 1 trade 0.01 lots per 1K in equity, a risk setting of 2 trade 0.02 lots per 1K in equity, a risk setting of 2 would trade 0.2 lots on a 10K account 
• Profits - Balance / Target / TPSL, {Balance = automatic profit, Target = money target, TPSL = take profit & stop loss} 
• ProfitRisk - profit risk rate for setting automatic profit parameter
• Target_money - target profit, currency unit  
• TradeMode - Auto/Manual
• Auto - Set parameters, choose a cut-loss method and manage the trading frequency automatically.
• Manual - Set parameters, choose a cut-loss method manually by the user.
• SL_Method - SL/SL_ATR
• SL - stop loss ,pips
• TP - take profit ,pips
• ATR_Period - ATR averaging period
• xATR - ATR Multiplier
• UseTrailing - enable trailing, set true or false
• TrailingStop - trailing stop size  ,pips
• TrailingStep - trailing step size  ,pips
• Lockinpips - amount of pips into profit
• FPCloseAll - Close all orders once total floating profit reaches a specific percentage or money, set true or false
• Set_FPClose - Percent / Money
• FPPercent - floating profit in percentage, assume the account equity increases by 10%
• FPMoney - floating profit in money
• DDCloseAll - Close all orders once the drawdown reaches a specific percentage or money, set true or false
• Set_DDClose - Percent / Money
• DDPercent - set the percentage to cut loss, % drawdown
• DDMoney - set the money to cut loss, currency unit
• MaxSpread - maximum allowable spread 
• MaxSlippage - maximum allowable slippage  
• MinBars - minimum bars required
• Start_Hour - set time to start hour 
• Start_Min - set time to start minute 
• End_Hour - set time to end hour 
• End_Min - set time to end minute
• BrokerGMTOffset - Your Broker GMT Offset, When back-testing your EA, set "BrokerGMTOffset" to zero. When you run your EA live, make sure the GMT Offset parameter is correct for your broker's time.
• TradeMonday_Mode - set ON/OFF for Monday trading
• AfterHourMonday - after hours Monday start
• TradeFriday_Mode - set ON/OFF for Friday trading
• AfterHourFriday - after hours Friday close
• CloseAllFriday - close all orders on Friday 
• UseNewsFilters - set true or false for News Filtering Function
• StopBeforeNews - set minutes for Stop Before News
• StopAfterNews - set minutes for Stop After News
• CloseAllOrdersBeforeNews - set true or false for Close All Orders Before News
• currency_code - country currency code name, for example "USD", "RUB" or "EUR", should be used.
• event_importance - Event importance is classified as low, medium, and high importance.
• DrawNewsLines - set true or false for drawing the news lines
• color_line - Line color
• style_line - Line drawing style