Expert Advisors and Indicators for MetaTrader 5

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MetaTrader 5

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Information

Experts
MetaTrader 5
Miguel Angel Vico Alba
1.4
10

Overview

Multi-strategy Expert Advisor working exclusively with gold (XAUUSD).

Unlike other systems and products for sale on the Market this one is not over-optimised and does not show 100% winning trades with no risk and almost no drawdown. It simply does not exist. If you compare the backtests with the live signals of those products you will understand what I am talking about. The behaviour of this EA is 100% real.

This system does not use martingale and among its options is a system that closes all trades when a certain level of DD is reached.

All sets are integrated into the EA and it is not necessary for the author to share any *.set files with you.

It is not necessary to use a specific TF (Timeframe) for the EA to work correctly in the strategy tester or in real trading. The TF's of the different strategies are integrated in the EA.

Click here for Real Live Signal

Parameters

  • Pause EA: When 'OFF' the EA runs without interruption. If 'ON' the EA will not open new trades or monitor the DD/TP/SL. (Please take this into consideration).
  • Lots Mode: You must select the mode in which the lots will be calculated.
  • Lots Value: In case you use 'PoB' (Percentage of Balance) or 'Fixed' this is where you enter a value.
  • DD Max. Mode: Here you can select various behaviours after reaching a certain DD.
  • DD Max. Value: Determine how much percentage reduction must be reached for any of the above behaviours to take effect.
  • Magic Number: Number assigned to trades opened by the EA to differentiate them from manual (discretionary) trading.
  • Panel [OFF=Fast Backtesting]: Displays a computer panel in the chart window. Turn it off in the strategy tester for faster backtesting.
  • Font panel: Select the font type.
  • Font panel: Font size of the panel.
  • Line Style: Line style (BE, TP, SL and next grid level).
  • Line Width: Width of the lines.
  • Line Color TP, SL, Grid and Breakeven.
  • Panel Comment [Max. 30 chars]: Customised panel comment.
  • MQID© Push Notif. [DD/TP/SL]: Sends an automatic notification after reaching DD/TP/SL via the MetaTrader 5 mobile application.

Minimum requirements and recommendations

  • Broker: Any broker with a low spread (Test in the strategy tester. There is often a lot of difference between brokers due to spread, swaps...)
  • Minimum initial deposit: $300
  • Leverage: 500:1
  • Account type: Hedging.
  • Use a VPS for the EA to work 24/7 (Mandatory).

Strategy Tester

  • Use 'Every tick based on real ticks' (>99% quality).

This product is sold only on MQL5.com. Sales on other sites are illegal. Other products from the author: https://www.mql5.com/en/users/mike_explosion/seller

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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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