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Snowballed MT5


Strategy Summary & Advantages:
- It's a full-automatic short-term trading EA based on the advanced technic, it sells out when overbought and buys in when oversold, and makes profit while the market is rolling back.
- No Martingale, no Grid, no Hedging, no Averaging, using low stoploss for all trades (defaults from 30 pips to 100 pips).
- It is especially designed to avoid slippage, no Breakout, no Night Scalper, it can makes the large lot of trade.
- Using default settings and buid-in technical parameters, no need to do the tedious adjustment working.
- The average of position holding time is about 3 hours, the maximum is 15 hours.
- With protect function of account drawdown.

  * The real signal (default settings):  https://www.mql5.com/en/signals/1607553

  * The MT4 version of this EA:  https://www.mql5.com/en/market/product/90202

Supported FX pairs:


EA Running:
- VPS: No special requirement.
- Broker: With low spread (very important).
- The minimum deposit: USD100.
- Working timeframe: H1.
- This is a multicurrency EA, you just attach it on one chart, then select to ‘ture’ for the FX pairs which you want to trade, and specify the trading volume, the EA will run automatically and trade all pairs you selected.

   Remark:  You need to change the symbol name if your broker's symbols aren't matched with the default settings.

EA Parameters:
- Magic:  EA magic.
- FixLots:  Fixed trading lot.
- AutoLots:  If select ‘true’, EA will automatically calculate trading lot base on ‘BalancePerLot’; if select ‘false’, EA will works on fixing lot.
MaxLots:  Maximum trading lot.
- BalancePerLot:  Needed account balance per opening one standard lot (trading lots = AccountBalance / BalancePerLot). 
- AccountEquityMaxDrawdown (percentage, 0-100):  Maximum drawdown percentage of account floating loss, all trades will be closed while the account floating loss drop below the setting value.
- PortfolioMaxOpenPositions:  Maximum open positions.
- EAComments:  EA comments .
UseSymbol:  The symbol will works if select ‘true’, it will not works if select ‘false’.
Symbol:  Symbol name, including of suffix. Eg, input ‘EURUSD.r’ if broker has suffix ‘.r’ .
- MaxSpreads:  Maximum spread in pips.
- TakeProfit:  Take profit in pips.

- StopLoss:  Stop loss in pips.

Reference Settings (13 pairs):

TradingModels BalancePerLot* (USD)
ExpectedAnnualReturn**   ExpectedAccountDrawdown** AccountEquityMaxDrawdown (Percentage) 
(At least)

50% - 100% 10% or more
20K 150% - 300%
25% or more
15 100
Middle 10K 500% - 1,500% 50% or more
* Need to convert currency if your account is not in US dollor. E.g., if your account currency is in Euro, and the BalancePerLot is selected for USD10K, the current quote of EURUSD is 1.11020, then the BalancePerLot’ in Euro is: 10K/1.11020  9007.
** Based on the backtesting.

EA Backtesting:
- Modelling:  Every tick based on real ticks.  
- The requirement of computer memory: 

Time Span
Memory Requirement
1 year
3 years
5 years

* For detailed test report, please go to the comment area of this EA to download it.

Very Important:
This EA is only designed for: 
- The brokers whose trading platform time are GMT+2 (or GMT+3 when daylight saving is in effect), no need to setup GMT offset.

- The account with 3 digits of JPY’ pairs, 5 digits of other FX pairs, and 2 digits of XAUUSD(Gold).
  If you want to run the EA in the broker with 3 digits of Gold, please change the SL and TP of Gold to "DefaultValue*100", such as the default SL is 15 and TP is 30, after adjusted, the new SL is 1500 and TP is 3000.
- The above requirements are included in most of brokers, such as  IC Markets, Pepperstone, FP markets and Go Markets, etc.

Bewertungen 6
Tomas Hekl
Tomas Hekl 2023.03.05 09:06 

After 5 month i cas say positive experience , Chen is comunicative , positive you always see SL so you know your risk, be prepare that this EA hold positions during weekend , and my experience is to turn of during big bank holidays as christmast , new year to avoid losses once you are holding position and the market open after 4-5 days ( avoid gambling Recommendations/ warning , be carefull because moneymanagment is the same for XAUUSD as for EURUSD means that you have to be prepare for bigger loss or gain from XAU and lower from rest forex pairs

Yuen Pak Hei
Yuen Pak Hei 2023.01.16 14:08 

Bought this EA recently. It has performed well recently. Will update again if there is a new situation.

Dmitrii Kozachenko
Dmitrii Kozachenko 2022.11.08 07:44 

Good and simple to use EA!

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Exler Consulting GmbH
5 (6)
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Ichimoku EA  The EA is for the  professional traders. Users   MUST do some intensive test   using "strategy tester" to fit user's  needs. with artificial inelegance the EA can manage trades, lot size, risk, and avoid high volatile choppy market.  Ichimoku strategy can work with any symbol or market in MT5 platform. The Ichimoku EA is a specialized software designed for professional traders that uses the Ichimoku indicator and artificial intelligence to manage trades, lot size, risk, and avoid
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Investologic Trading robot MetaTrader5 PC platform  The EA is for the  professional traders. Users   MUST do some intensive test   using "strategy tester" to fit user's needs and to confirm that this EA will works for you.  Trend following EA and artificial inelegance that have the ability to trade on motive waves and skip the volatile choppy market, the EA work with any symbol market or timeframe in the MT5 platform ex. FOREX, GOLD, OIL, STOCKS, INDEXES, NASDAQ, SPX500, Bitcoin & Crypto.
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Yuriy Bykov
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Only 9 Copies out of 10 left at $30! After that, the price will be raised to $99. DUCHOAN99 would like to send you the EA  Scalping EA Breakout Top and Bot MT5  ( Scalping EA  Breakout   Highest and Lowest   for MT5). Please download the demo to see if the EA helps you or not before deciding to buy this EA. 1. The   Scalping EA Breakout Top and Bot MT5   follows a scalping   breakout strategy.   It trades breakouts from the previous relative highest and lowest.   Profits can be secured by the
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Neurolite EA gbpusd
Aliaksandr Salauyou
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Snowballed MT4
Xingming Chen
1 (1)
Strategy Summary & Advantages: - It's a full-automatic short-term trading EA based on the advanced technic, it sells out when overbought  and buys in when oversold , and makes profit while the market is rolling back. - N o Martingale, no Grid, no Hedging, no Averaging, u sing low stoploss for all trades (defaults from 30 pips to 100 pips). - It is especially designed to avoid slippage,  no Breakout, no Night Scalper,  it can makes the large lot of trade. -   Using default settings and buid-in t
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Tomas Hekl
Tomas Hekl 2023.03.05 09:06 

After 5 month i cas say positive experience , Chen is comunicative , positive you always see SL so you know your risk, be prepare that this EA hold positions during weekend , and my experience is to turn of during big bank holidays as christmast , new year to avoid losses once you are holding position and the market open after 4-5 days ( avoid gambling Recommendations/ warning , be carefull because moneymanagment is the same for XAUUSD as for EURUSD means that you have to be prepare for bigger loss or gain from XAU and lower from rest forex pairs

Xingming Chen
Antwort vom Entwickler Xingming Chen 2023.03.09 01:19
Thanks for your comment, the suggestion is very useful, the Christmas and new year trading has already disabled.
Евгения Тонких
Евгения Тонких 2023.02.07 13:51 

Не стабильный робот, вдруг пошёл в минус. Возможно был сильный подгон под историю в процессе оптимизации. Наблюдаем дальше. Пока что больше 2-х звезд не могу дать.

--09.03.2023 минусы продолжаются, снижаю до 1 звезды.

Xingming Chen
Antwort vom Entwickler Xingming Chen 2023.02.07 17:11
Hello, Based on the backtesting with fixed 0.01 lot: Form 2004 to 2022, the total profit is $12869, the largest drawdown (worst case) is -$148; From Oct 2022 to Feb 2023 (Snowballed EA released), the total profit is $86, the current drawdown is only -$26, so the current situation is in normal drawdown. At the meantime, the real signal of this EA had already got the 200% profits.
Yuen Pak Hei
Yuen Pak Hei 2023.01.16 14:08 

Bought this EA recently. It has performed well recently. Will update again if there is a new situation.

Xingming Chen
Antwort vom Entwickler Xingming Chen 2023.01.16 14:37
Hello, thanks for your review, good days!
NaTrading 2022.12.11 13:27 

Does the EA works? YES! Does it make profits? YES! Would recommend the product? Definitely yes!

I'm very critical with EA's, but this is an EA where I don't have to worry about my account being gone the next day. There are days with loss, but generally 30-35% profit per month! The only thing that bothers me is the price at the moment. Otherwise, I can't say anything negative about the EA. Top work!

Xingming Chen
Antwort vom Entwickler Xingming Chen 2022.12.11 13:44
Thanks for your positive commentary!
Dmitrii Kozachenko
Dmitrii Kozachenko 2022.11.08 07:44 

Good and simple to use EA!

Xingming Chen
Antwort vom Entwickler Xingming Chen 2022.11.08 11:51
Thanks for your review.
Shumini8 请添加微信
Shumini8 请添加微信 2022.10.24 02:14 

Der Benutzer hat keinen Kommentar hinterlassen

Xingming Chen
Antwort vom Entwickler Xingming Chen 2022.10.30 02:04
谢谢你真诚的评价,good luck!
Antwort auf eine Rezension
Version 3.0 2023.01.20
Optimized code, test results same as v2.9.
Version 2.9 2023.01.16
Version 2.8 2023.01.02
Disabled trading during Christmas and new year.
Version 2.7 2022.12.16
Disabled the additional pairs, no any other changes, test results same as v2.6.
Version 2.6 2022.11.20
Optimized feedback system, test results same as v2.5, no any other changes.
Version 2.5 2022.11.19
Fixed a bug, test results same as v2.4 .
Version 2.4 2022.11.15
Updated max spread and logo, no any other changes.
Version 2.3 2022.11.09
Optimized codes, so it can run together with other orders(such as manual open orders), test results same as v2.2, no any other changes.
Version 2.2 2022.11.03
Added EA comments, no any other changes.
Version 2.1 2022.10.21
- Optimized initialization time.
- Use default settings, it does not use set file.
- Test results same as v2.0.
Version 2.0 2022.10.11
Released the settings for GBPCAD, EURSGD and GBPSGD at the request of some traders.
Version 1.9 2022.10.10
Optimized hardcode of timeframe, suggest to update to version 1.9 if you have downloaded version 1.8.