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Trading Systems That Work

Top 10 Forex Expert Advisors in the last decade

Top 10 Forex Expert Advisors in the last decade

June 3, 2021

Newcomers to the forex market often experiment with new techniques and methods to generate profits a

Top 5 trading robots for profit on forex in 2021

Top 5 trading robots for profit on forex in 2021

May 27, 2021

Foreign exchange trading is one method to make big as well as steady earnings in a reasonably brief

Bollinger Bands Width indicator - eliminating the shortcomings of BB

Bollinger Bands Width indicator - eliminating the shortcomings of BB

May 26, 2021

Bollinger Bands or Bollinger Bands (BB) are a network sign that has a significant dis

The Expert Advisor uses 6 strategies. Trading is carried out in pairs for several currencies at the same time, for example, the Expert Advisor opens orders
for two or more pairs at the same time and closes them when a certain profit is reached.

The Expert Advisor trades on a variety of major currency pairs.

Attention! The Expert Advisor is only available for “hedging” accounts.

Monitoring: https://www.mql5.com/ru/signals/author/profi_mql

A detailed description of the important parameters and download of the set files is here: https://www.mql5.com/ru/blogs/post/727816

Version for Meta Trader 4: https://www.mql5.com/ru/market/product/37744

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Requirements and recommendations

  • The Expert Advisor can only be attached to one chart (any of the working pairs) – all trading on all pairs is conducted only from one chart! In the
    settings, you can enable and disable currencies.
  • The minimum recommended balance for the EA (when used on the recommended pairs and timeframes) is $ 1000 or$ 10 on a cent account.
  • A broker with five-digit and three-digit quotes.
  • Requires a regular VPS. (The Expert Advisor does not work on VPS from mql5 )

Multi_Currency_BackTest – if true, the multi-currency tester is used.


When using a multi-currency tester, select the M5 timeframe.

For quick testing, use:

  • Methods for modeling ticks:
    • OHLC on the M1.

Multi_Currency_BackTest – if true, the multi-currency tester is used.


When using a multi-currency tester, select the M5 timeframe.

For quick testing, use:

  • Methods for modeling ticks:
    • OHLC on the M1.
  • OHLC on the M1.
  • EURUSD – true currency used;
  • EURNZD – true currency used;
  • strategy_1 – true strategy 1 is used;
  • strategy_6 – true strategy 6 is used;
    • Multi-currency trailing stop as a percentage of the balance:
      • Take Profit Finish – take profit as a percentage after which all orders are closed;
      • Trailing stop,step 1-3-trailing as a percentage;
    • Multi-currency take profit as a percentage of the balance, after reaching % profit, the EA closes all orders and stops working:
      • Use_Closing_Profit_in_Percentage – if true, take profit as a percentage;
      • Use Alert, EMAIL notifications after closing orders;
      • Start_Balance – the starting balance for calculating interest;
      • Percent of the Start Balance – percent of the start balance;
  • Magic_Start(Finish) – Transaction ID;
  • Symbols_Prefix (Suffix)_Name-enter ONLY the prefix (suffix) if the broker uses it in the symbol name
    (for example: “m.”(“. m”), if the name of the pair is “m. EURUSD“(“EURUSD. m”));
  • Use_Risk_StopLoss-Risk based on Stop Loss.
    • Custom_balance – Free Margin or Balance.
    • Percentage Risk — Percentage risk based on the stop loss.
  • Fixed_Lot – constant lot;
  • Order Type-trading directions;
  • Order Comment-comments on orders;
  • Slippage – slippage before the order is triggered;
  • Show_Info_Panel – information panel (false – quick backtest);
  • Show_additional_panel-profit panel for each month, only for backtest;
  • Multi_Currency_BackTest:
    • true – multi-currency tester.
    • false – current currency and timeframe;
  • Adaptation of the spread to the stop loss – adaptation of the stop loss to the spread;
  • Max Spread – the maximum allowed spread;
  • Stop strategy trend-disable trading for a period of time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread;
  • Multi-currency trailing stop as a percentage of the balance:
    • Take Profit Finish – take profit as a percentage after which all orders are closed;
    • Trailing stop,step 1-3-trailing as a percentage;
  • Multi-currency take profit as a percentage of the balance, after reaching % profit, the EA closes all orders and stops working:
    • Use_Closing_Profit_in_Percentage – if true, take profit as a percentage;
    • Use Alert, EMAIL notifications after closing orders;
    • Start_Balance – the starting balance for calculating interest;
    • Percent of the Start Balance – percent of the start balance;
  • Take Profit Finish – take profit as a percentage after which all orders are closed;
  • Trailing stop,step 1-3-trailing as a percentage;
  • Use_Closing_Profit_in_Percentage – if true, take profit as a percentage;
  • Use Alert, EMAIL notifications after closing orders;
  • Start_Balance – the starting balance for calculating interest;
  • Percent of the Start Balance – percent of the start balance;
  • Custom_balance – Free Margin or Balance.
  • Percentage Risk — Percentage risk based on the stop loss.
  • true – multi-currency tester.
  • false – current currency and timeframe;
  • Monday – if true, we trade on Monday;
  • Friday – if true, we trade on Friday.
  • Use time – in true time trading;
  • GMT_mode – the mode of the broker’s server time offset relative to GMT (0 – off );
  • Every_Day_Start – start time (hh: mm);
  • Every_Day_End – end time (hh: mm).
  • Use time – if true, the trade is timed;
  • Disable_in_Friday – end time on Friday (hh: mm).

 

Key Features of Algorithmic Trading Software

03 July 2019

03 May 2020

1.72

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