The functionality of MT4 or MT5 is enough for novice traders who rarely work with several curren
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Portfolio X 10 eurusd MT4

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Pitchfork System Strategy
The Pitchfork Trading System strategy is named after its developer, Andrew Pitchfork. It belong
Rainbow Averages Strategy
Rainbow Averages Strategy
(In the MT5 and MT4 versions, there may be slight differences, due to the peculiarities of the implementation of the code on MT5)
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I recommend testing on the broker as I have on the report (IC Marke.s). (ECN account (Raw spread/Razor, etc.))
The period for testing with 100% quality is no more than 2-3 years, depending on the broker, because older quotes are not quite high-quality, you can see this in the log at the beginning of testing (no tick data in some intervals).
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I recommend testing on the broker as I have on the report (IC Marke.s). (ECN account (Raw spread/Razor, etc.))
The period for testing with 100% quality is no more than 2-3 years, depending on the broker, because older quotes are not quite high-quality, you can see this in the log at the beginning of testing (no tick data in some intervals).
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The strategy is based on the breakdown of significant levels, with automatic calculation of Stop Loss (200-400 points (5 signs)).
The expert Advisor has been tested from 2010 to the present day in various market conditions/periods .
- Stop loss is always used
- Not used martingale / grid/ hedging, etc. (the recovery function uses a lot increase of 1 time)
- Complies with FIFO rules
Recommended EURUSD pair. Timeframe M30.
Monitoring – http://referer.us/?https://www.mql5.com/en/signals/author/bebikovi
Recommendations for Risk values :
- Risk = 3-5 – Low risk;
- Risk = 7-10 – Average risk;
- Risk = 15-25 – High risk;
Recommended-ECN / STP Broker with a minimum StopLoss level of 0-1 pips/spread of 0-5 pips (5 digits) /VPS server.
Trading leverage 1: 100 and higher (possible with a smaller leverage but with a lower Risk value)
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Parameters
- Show EA Comment – show EA comments;
- Magic Number – the ID of the transactions;
- EA Comment-comment on the EA’s trades;
- Lots (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0)
- Risk (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0)
- Take Profit (in pips) – take profit;
- AutoSL – automatic calculation of SL;
- Stop Loss (in pips) – stop loss;
- Max Spread (in pips) – control of the maximum spread ;
- Buy Pending Shift (in pips) – shift for a buy order;
- Sell Pending Shift (in pips) – shift for a sell order;
- Winter GMT Offset – winter time zone of the server;
- Auto Min Profit( On/Off) – automatic calculation of the minimum profit for the trailing stop;
- Minimal Profit for TrailingStop (in pips) – the number of points required to start a trailing stop;
- Trailing Stop (in pips) – the size of the trailing stop;
- Trailing Step (in pips) – the step of the trailing stop;
- Recovery mode – On/Off) – recovery function in case of drawdown (on/off);
- Multiple start recovery – trailing)– coefficient for trailing, for the recovery function;
- Multiple lot for recovery mode-lot calculation coefficient for the recovery function;
- Activate Recovery Force-force activation of recovery mode.
- Split Pending Orders (use only if need (test before)) – Enable the division of the position into several orders (I did not test it on a real account, you need to check it!) By default, the function is not needed, only if desired and necessary!;
- Split to ” X ” orders-split the position into “X” orders;
Parameters
- Show EA Comment – show EA comments;
- Magic Number – the ID of the transactions;
- EA Comment-comment on the EA’s trades;
- Lots (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0)
- Risk (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0)
- Take Profit (in pips) – take profit;
- AutoSL – automatic calculation of SL;
- Stop Loss (in pips) – stop loss;
- Max Spread (in pips) – control of the maximum spread ;
- Show EA Comment – show EA comments;
- Magic Number – the ID of the transactions;
- EA Comment-comment on the EA’s trades;
- Lots (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0)
- Risk (or “Lots”>0 and “Risk”==0 or “Lots”==0 and “Risk”>0)
- Take Profit (in pips) – take profit;
- AutoSL – automatic calculation of SL;
- Stop Loss (in pips) – stop loss;
- Max Spread (in pips) – control of the maximum spread ;
- Buy Pending Shift (in pips) – shift for a buy order;
- Sell Pending Shift (in pips) – shift for a sell order;
- Winter GMT Offset – winter time zone of the server;
- Auto Min Profit( On/Off) – automatic calculation of the minimum profit for the trailing stop;
- Minimal Profit for TrailingStop (in pips) – the number of points required to start a trailing stop;
- Trailing Stop (in pips) – the size of the trailing stop;
- Trailing Step (in pips) – the step of the trailing stop;
- Recovery mode – On/Off) – recovery function in case of drawdown (on/off);
- Multiple start recovery – trailing)– coefficient for trailing, for the recovery function;
- Multiple lot for recovery mode-lot calculation coefficient for the recovery function;
- Activate Recovery Force-force activation of recovery mode.
- Split Pending Orders (use only if need (test before)) – Enable the division of the position into several orders (I did not test it on a real account, you need to check it!) By default, the function is not needed, only if desired and necessary!;
- Split to ” X ” orders-split the position into “X” orders;
- Buy Pending Shift (in pips) – shift for a buy order;
- Sell Pending Shift (in pips) – shift for a sell order;
- Winter GMT Offset – winter time zone of the server;
- Auto Min Profit( On/Off) – automatic calculation of the minimum profit for the trailing stop;
- Minimal Profit for TrailingStop (in pips) – the number of points required to start a trailing stop;
- Trailing Stop (in pips) – the size of the trailing stop;
- Trailing Step (in pips) – the step of the trailing stop;
- Recovery mode – On/Off) – recovery function in case of drawdown (on/off);
- Multiple start recovery – trailing)– coefficient for trailing, for the recovery function;
- Multiple lot for recovery mode-lot calculation coefficient for the recovery function;
- Activate Recovery Force-force activation of recovery mode.
- Split Pending Orders (use only if need (test before)) – Enable the division of the position into several orders (I did not test it on a real account, you need to check it!) By default, the function is not needed, only if desired and necessary!;
- Split to ” X ” orders-split the position into “X” orders;
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09 September 2020
19 November 2020
1.7
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Reviews
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Great EA. i use in live account. in end of week i make back test and every time results whit test is same like in my account. so i trust the back test.
Very good EA , and stable. Highly recommended
Great EA. Very stable if you have the correct Broker and VPS. Thanks Ivan. Really good job.
I have tested (Back Test) the EA. It looks Very good , and you can manage your risk level. Highly recommended