Sale of EA: Bitcoin Maniac (M30) for Exness on MQL5
We present Bitcoin Maniac, an Expert Advisor designed to trade on the M30 timeframe with the default broker Exness. This EA offers a robust strategy with strong statistics, perfect for traders aiming for consistent profitability. Check out the results and learn how it operates.
Highlighted Statistics
Net Profit: $187.01 (+10.89%)
Profit Factor: 1.58
Total Trades: 200
Win Rate: 53.50% (107/200 trades)
Average Profit Trade: $6.27
Average Loss Trade: -$5.30
Max Consecutive Wins: 6 trades ($27.08)
Max Consecutive Losses: 5 trades (-$104.86)
Equity Drawdown: 52.64% (-$108.86)
Bars Tested: 843,973
Entries by Hour (Peak): Hour 15 with 15 entries
Entries by Weekday (Peak): Tuesday with 42 entries
Entries by Month (Peak): April with 36 entries
Bitcoin Maniac demonstrates a solid balance between profits and losses, with a Profit Factor of 1.58 and a focus on steady gains. It shows peak activity on Tuesdays and in April, indicating adaptability to market patterns and volatility.
Logic of the Parameters
Bitcoin Maniac employs a strategy based on technical indicators and risk management. Below is an explanation of the configurable parameters:
StdDevPeriod1 (20): Period of the Standard Deviation indicator (first setting). It measures price volatility to identify potential trend changes. A value of 20 captures short-term volatility on M30.
StdDevPeriod2 (49): Period of the Standard Deviation indicator (second setting). A higher value of 49 focuses on longer-term volatility for confirmation.
CCICrossPeriod1 (14): Period of the Commodity Channel Index (CCI) for the first setting. It detects overbought/oversold conditions. A value of 14 is standard for M30 to catch significant price swings.
WoodiesCCIZeroLineBrkPrd1 (53): Period for the Woodies CCI zero-line break. A value of 53 ensures the EA confirms trend direction over a longer period.
CCICrossPeriod2 (84): Period of the CCI for the second setting. A longer period of 84 filters out noise and confirms stronger trends.
EnterRvrAtMktMrvSL2BECoef1 (0.8): Coefficient to move the Stop Loss to breakeven when entering at market (first position). A value of 0.8 adjusts the SL at 80% of the target to secure profits.
EnterRvrAtMktPrfTrgCo1 (6.8): Profit target coefficient for market entry (first position). It sets the profit goal at 6.8 times the risk.
EnterRvrAtMktPrfTrgLosCo1 (9.2): Loss target coefficient for market entry (first position). It sets the maximum loss at 9.2 times the initial risk.
EnterRvrAtMktTrkStpCo1 (1.1): Trailing Stop coefficient for market entry (first position). A value of 1.1 activates a tight trailing stop to lock in profits.
MoveSL2BECoef1 (1.4): Coefficient to move the Stop Loss to breakeven (first position). A value of 1.4 adjusts the SL after a 1.4x move in profit.
ProfitTargetCoef1 (4.6): Profit target coefficient (first position). It sets the profit goal at 4.6 times the risk.
StopLossCoef1 (5.7): Stop Loss coefficient (first position). It sets the maximum risk at 5.7 times the initial move.
smm: Visual separator in the settings.
UseMoneyManagement (TRUE): Enables automatic money management.
mmRiskedMoney (200): Amount of money risked per trade ($200). This ensures risk is controlled based on your account size.
Why Choose Bitcoin Maniac?
Bitcoin Maniac is optimized for M30 trading with Exness, capitalizing on market trends while maintaining controlled risk. It uses Standard Deviation and CCI to identify volatility and trend opportunities, with a risk management system that secures profits and limits losses. Ideal for traders seeking a reliable and proven EA.
Get Bitcoin Maniac now on MQL5 and elevate your trading.