EA Morpheus MT5

A strategy based on a breakdown generates signals to enter the market when prices cross the border of a certain price range.

To create the strategy, we used historical data with 99.9% history quality over the last 15 years. The highest quality signals were selected, and non-quality signals were also eliminated. The Expert Advisor conducts technical analysis and takes into account only those breakouts that show the best result. 

Uses a system for filtering out false signals.

The Expert uses adaptive trailing stop.

The Expert uses a small stop loss, which means that the account is always protected from drawdowns, and the risk of a transaction is very low.

Monitoring:

Version for Meta Trader 4:

• Magic — Transaction ID.
• Order Comment— Comments on the order.
• Slippage — Permissible slippage before the order is triggered.
• Max Spread — The maximum allowable spread before triggering a pending order.
• ticks average spread – collecting ticks of the average spread.
• ticks for deleting pending orders – collecting ticks of the average spread to delete pending orders if the average spread has exceeded Max_Spread.
• Order Type — Choosing the direction of trade.
• disable trade if spread high — Switching off trading for a certain time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread.
• Fixed_Lot — The lot is constant (if Use_Risk_MM is false).
• Use_Risk_MM — If true, the lot size increases with the growth of the account balance.(Risk management).
• Percentage_Risk — Increasing the lot size based on the balance (risk management in %).
• Take_Profit — Take profit in points.
• Stop_Loss — Stop loss in points.
• Breakeven_Target_PipsInp — If the price exceeds this value, breakeven is triggered. (-1 = off).
• Breakeven_Jump_PipsInp — The stop loss moves to breakeven by this value.
• Trailing_Stop — Trailing points when the position is in profit. (-1 = off, 0 = Stop_Loss ).
• Trailing_Step — The trailing step when the position is in profit.
• Risk_Protection_on_slippages — If true, the Expert Advisor uses a system for closing positions when slippage occurs.
• Adaptive_Trailing_to_slippages — If true – Adaptive trailing stop.
• Change_correction_coefficient — The trailing sensitivity coefficient.
• Adaptive_by_Time — Adaptive time-tracking algorithm.
• Time_Scale — Time range for price analysis.