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Zeta EA

2.5
Can be used on EVERY instrument. Based on the "Zone Recovery" strategy. Suggested TimeFrame: H1 and H4.


How it works


Zone Recovery is an advanced hedging system. When the market goes against the first trade (based on Bollinger bands) the EA will open an opposite trade with slightly bigger lot size. If the market keeps moving in this new direction, at some point the profit from the profit trade will overtake the loss trade and will close both the trades otherwise will do the opposite. This back and forth hedging strategy can be continued until the market moves to a level which can give profit.


What makes this strategy different

The "zone" is calculated by ATR rather than a fixed value.


What is ATR

ATR is a common indicator used to calculate the average market movement based on X last bars.


Settings

  • Max Trades: max trades allowed in a row.
  • Lot Moltiplicator: this is the lots moltiplicator for the next trade used for the Zone Recovery. Be careful: higher values increases the risk and could end in gambling trades until your account will blow-up. Keep lower values and a small "Max Trades" numbers to reduce the lots used and the risk involved.
  • Profit By Dollars: how many dollars must be gained to close every trades.
  • Loss By Dollars: how many dollars can be lost to close every trades.
  • Close if Max Trades reached: if enabled, once the Max Trades value has been reached all the trades will be closed.
  • BollingerBands Period: the Bollinger Bands indicator period.
  • Max Spread: max spread allowed.
  • Lots to trade: lot to be traded on first trade. Note: if you use round number as LotMoltiplicator so you can start from 0.01, but if you use values like "1.4" then the minimal lot should start from 0.1 for obvious reasons. Lots cannot be traded to the 3rd digit.
  • Max Slippage: max slippage to open the trade.

Note:

Backtests should run when the markets are open. Some values are invoked to the broker which can be closed during the weekend.






































































































Bewertungen 2
Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.02.28 13:20 
 

Too risky for me but good job.

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FREE
How It Works? Still wondering where you have to put the stop loss and take profit when you open a trade? This EA will do it on your behalf! According to three different Pivot calculation, the EA will take care of your opened positions by placing stop loss and take profit right onto the pivot lines. After an order is placed manually or by another EA, it will be modified by adding stop loss and take profit. How to Use It? It is very useful during a sideways phase for scalpers or for swing trader
With this EA you can say goodbye to your coder and save bucks from your pocket! Did you find out an interesting holy grail indicator and you want to test it on your own? Eager to know if it will be profitable on long term? Well, here it is the Koder Killer EA. Simple steps to follow open your indicator source code search for the Set Index Buffer values copy the values into the EA set all the other features backtest your strategy FOR FREE run your EA on live servers paying a small rent fee. S
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4 (1)
Born to trade DAX  CFD  and now adapted to trade  Forex . Best timeframes to use are  H4 and higher . This is the Pro version of the free product available since June of 2016. After more than two years, lot of satisfied customers and many successful trades, here you can have the full version of the product. With this version I've added lot of features that have been requested in these years and you are finally entitled to resell the signals of this EA like if it's yours. Settings Pro Setting
Breakeven Edition How the Breakeven Works? In addition to all the feature already available for the Triple Pivot Scalper  edition, I've added an useful "breakeven" function: if enabled, the EA will move the SL to the nearest Pivot level, just behind the current price. This feature allows to make sure that one trade is at least a safe profit. You can then decide if open an additional trade or wait the price to reach the next level. How to Use the EA? It is very useful during a sideways phase
Auswahl:
Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.02.28 13:20 
 

Too risky for me but good job.

philippe germain
2728
philippe germain 2018.08.21 22:33 
 

Dangerous ea with martingale.

Soon or later will kill your account.

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