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Solomon Chest

Solomon's Chest is fully automated scalper Forex robot which trades on ranging and slightly trending market. The trade entries are based on dynamic zones in all timeframes and with the most recent 30bars of all timeframes. Once opportunity level is determined, it will open trades right away. Each order is protected with hidden calculated Stop Loss level. Take profit level is also calculated. The real profit most of the time is actually taken from the trailing stop and with a breakeven point of 5.5pips. Base lot size is set to 0.01. Subsequent lot sizes are automatically calculated based on account equity and position of all open trades.


Features

  • A scalping EA that works best in M5.
  • It takes advantage of the ranging market that gives more accuracy.
  • You can use time filter on trading in case you don't want to trade at specific time. Broker's time is used in the filter.
  • You can choose day-of-week to trade.
  • Easy to set up.


Requirements

  • Symbols: EURUSD.
  • Timeframe: M5.
  • Maximum Leverage 1:500.
  • Minimum Leverage 1:200.
  • Fund deposit: Below $200o is risky. $2,000 or more is ideal fund to start.
  • Account type: non-ECN and ECN-ready.
  • Account currency: USD.
  • Can be used with any non-ECN broker.


Parameters

  • TargetAmount - Account Balance plus 10% (Less than 10% is safer).
  • CycleProfit - If a certain profit is reached at the Account Equity level, it will close all open trades to avoid too much reversal or drawdown.
  • Multiplier - default is 1.1. Setting to 1 makes it conservative. Higher than 1.1 is risky.
  • AllowedFreeMargin - default is 2,000. Lower is very risky. Higher is safer.
  • MaxRunningLoss - Running negative value of profit. When value is reached it will stop opening new trades.
  • iMagicNumber - Trades magic number.
  • BarsToCheck - Dynamic Zones strategy number of bars to check.
  • EntryPeriod - Number of bars to consider on one of the entry filter, Exponential Moving Average.
  • Conservative1 - Enables the filter to limit entry at the middle if Dynamic Zones.
  • Conservative2 - Set to 'true' to enable filter on Bar direction checking on H1, H4 and D1 timeframes.
  • Conservative3 - Set to 'true' to enable filter on Bar direction checking on W1 timeframe.
  • Conservative4 - Set to 'true' to enable filter on Bar direction checking on MN1 timeframe.
  • Conservative5 - Set to 'true' to enable filter on Reversing Bar direction checking on W1 timeframe.
  • Conservative6 - Set to 'true' to enable filter on Reversing Bar direction checking on MN1 timeframe.
  • EnvelopeIdea - Enables the filter using Envelope indicator.
  • ReverseTrade - Enable if you want reverse trade.
  • MaximumTrade - Maximum number of simultaneous open trades.
  • RSIob - Overbought checking using RSI.
  • RSIos - Oversold checking using RSI.
  • ProfitProtector - If trades are in the positive profit, this will ensure profit to be taken before reversing.
  • Trailing - Trailing stop.
  • Sure - Breakeven plus a certain number of pips to ensure profit.
  • -
  • Tail: Reversing bar tail length for checking.

Trading Days and Time

  • Sunday: default 'false' - It will not trade on Sunday.
  • Monday: default 'true' - It will trade on Monday.
  • Tuesday: default 'true' - It will trade on Tuesday.
  • Wednesday: default 'true' - It will trade on Wednesday.
  • Thursday: default 'false' - It will not trade on Thursday.
  • Friday: default 'true' - It will trade on Friday.
  • Saturday: default 'false' - It will not trade on Saturday.

Time Filter

  • UseTimeFilter: default 'false' - Set it to 'true' to trade specific hours on each day.


Recommendations

  • Use EURUSD M5 chart for better performance.
  • Use a dedicated low-spread (2.5pips and below).
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Darwin Evolution MT4
Guillaume Duportal
4.82 (11)
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999 USD
Undefeated Triangle MT4
Nauris Zukas
4.64 (11)
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Golden Pickaxe
Valeriia Mishchenko
4.6 (5)
EA has high-performance live track records of different set files: XAU Risky Vol XAU Balanced Vol XAU Balanced MT5 version can be found here Golden Pickaxe is a mean-reversion grid trading system that uses machine learning technology to place high-profit potential trades on the Gold market. It uses real market inefficiencies to its advantage to have an edge over the market. The EA has 5 predefined set files, which are essentially 5 different trading systems on gold . You may choose the def
2 000 USD
Advanced Gold Pattern MT4
Ho Tuan Thang
4.41 (17)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. - REAL SIGNAL: MT4 New Version (Update with old signal):   https://www.mql5.com/en/signals/1594303 Real operation monitoring as well as my other products can be found here:     https://www.mql5.com/en/users/tuanthang/seller The strategy was Back-tested Stable from 2003 to 2022 using every tick based on real tic
399 USD
SouthEast
Sugianto
5 (12)
Limited Time Offer: Summer Promo Price 500$, Real Price 999$! South EAst EA uses virtual trade in determining position entry and does not use indicators,  and it doesn't require complicated settings because user just needs to upload the already available setfile. Currently there are setfiles for more than 20 fx pairs and 2 setfile for GOLD and SILVER IMPORTANT!  for a full support and to get instructions on how to set up, pls leave a message on comment tab after making a purchase Signals:   her
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NightVision EA
Alexander Kalinkin
4.28 (25)
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/en/signals/author/dvrk78 Recommended FX broker :  IC Marke
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AW Swing Trading EA
Alexander Nechaev
5 (2)
Ein fortschrittliches Tool für das Swingtrading bei korrektiven Preisbewegungen. Es arbeitet an Trendrückgängen in Richtung seiner Fortsetzung, die Größe der erforderlichen Korrektur wird durch die aktuelle Volatilität des Instruments oder manuell durch den Händler bestimmt. Nach dem Erkennen einer Korrektur entlang des aktuellen Trends wartet der EA auf ein Signal, um die Korrektur abzuschließen und den Trend fortzusetzen, wonach er eine Position eröffnet. Anweisungen zur Funktionsweise des Be
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Reliance
Aleksei Krasov
The EA uses an advanced strategy that was found and optimized through forward testing. Trading takes place in the overnight market when price action becomes more predictable. Therefore, it shows good results on several currency pairs over a long period of time. Robot doesn`t use dangerous trading methods such as martingale, grid or HFT. Usually, trades are closed more than one hundred points before reaching the stop loss or take profit, which the robot sets for each position to ensure trading sa
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Rio MT4
Ruben Octavio Gonzalez Aviles
5 (5)
Rio ist ein komplexer und neuartiger Algorithmus, der künstliche Intelligenz in Kombination mit traditioneller technischer Analyse nutzt, um Marktbewegungen vorherzusagen. Dieser Expert Advisor nutzt rekurrente neuronale Netze, insbesondere Long-Short-Term-Memory-Zellen, die anhand von Daten aus Indikatoren der technischen Analyse trainiert werden. Durch diese Methode ist der EA in der Lage zu lernen, welche Indikatoren für künftige Kursbewegungen am relevantesten sind und darauf zu reagieren. D
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Version 3.0 2020.05.14
This version is now a multi-pairs version. You just need to run it attach it in a chart. Recommended timeframe is from M15 to H1. M15 is the most aggressive. H1 is conservative. You just have to choose 1 timeframe.

Set the parameter "Multipairs" for the EA to use the 28 currency common pairs.