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CandleCountdown - candle closing time indicator

CandleCountdown - candle closing time indicator

September 26, 2022

Technical indicators are divided into main and auxiliary. Auxiliary indicators are information

Why trading patterns don't work

Why trading patterns don't work

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Pattern trading theory suggests that candlestick formations have a psychological basis. For exa

Rubricator 89: Cryptocurrency Developments (Part 1)

Rubricator 89: Cryptocurrency Developments (Part 1)

September 26, 2022

The crypto-currency world continues to develop actively, gradually “finding the golden mean”

(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
For testing, you need a history of 100 bars

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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  • 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;

Key Features of Algorithmic Trading Software

09 September 2020

19 November 2020

1.7

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Trading strategy

Trading strategy

Trading strategy

Trading strategy

Trading strategy

Trading strategy

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TimeFrame

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Reviews

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Mladen Donchev Minkov December 26, 2020 1:26 pm
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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.

sohwtv December 26, 2020 1:26 pm
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Very good EA , and stable. Highly recommended

veajuan December 26, 2020 1:26 pm
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Great EA. Very stable if you have the correct Broker and VPS. Thanks Ivan. Really good job.

BSM Forex December 26, 2020 1:26 pm
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I have tested (Back Test) the EA. It looks Very good , and you can manage your risk level. Highly recommended

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