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Rescue Trader MT5

69 USD

Demo downloaded: 20

Published: 1 October 2023

Current version: 1.80

Rescue Trader MT5

Experts
Edgar Elsner
Version: 1.80
Updated: 18 November 2023
Activations: 10

Rescue Trader MT5

Rescue Trader isn't a Grid or Martingale Expert as each single trade is protected by fixed stoploss. Adding of new trades to existing trades are always entered on indicator pattern entry and not simple on fixed distances like Grid-/Matingale-Systems usually work. For additional protection, its drawdown recovery algorithmus closes particular trades that are profitable while at the same time closes older loosing trades in the way that in total that bulk closes in profit. However, due to its flexible configuration options, Rescue Trader still could become configured to work like an ordinary Grid-Expert.

Furthermore, Rescue Trader MT5 is a powerful rescue system for manual and/or Expert-generated trades that have unexpectedly gone into drawdown. It includes 10 indicator based stratgies, selectable severally, grouped or entirely.

For manual trading, in addition to the buttons for BUY/SELL/..., setting variable stop/limit lines for opening positions is also available via the sub-page of the onscreen panel. These can be changed in position and angle as desired to form patterns such as triangles, channels, etc.

The onscreen panel consists of two pages. The display of the second page with the parameter settings becomes visible by clicking on the left vertical logo bar (or pressing D-key) so that the main page shifts to the right. This has the advantage that, if several Experts are installed whose charts are arranged vertically, access to the parameters in the visible area is enabled without to zoom out the chart.

The preset configuration already includes a profitable configuration for several major and minor currencies as well as metals such as Gold. The minimum capital per instrument traded should not be less than 1000 USD.

To trade multiple instruments, Rescue Trader MT5 is installed on the respective chart. The time frame set is arbitrary and has no influence on the trading algorithm. If an instrument is traded multiple times, consider to set different Magic numbers. However, different instruments with the same Magic number do not affect each other.

Tip:

The demo version allows you to carry out many functions in the visual backtest, just like in live trading. Only the variable parameters on the second panel page must be preset in the Settings (F7) beforehand, as MT5 does not support editing edit fields in demo mode. Furthermore, the parameter “Display Panel in visual Tester Mode” located at the end of the list must be activated in the settings.

Links:

Settings Tab: https://www.mql5.com/en/blogs/post/754353

Onscreen Panel Functions Description: https://www.mql5.com/en/blogs/post/754354

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London Breakout MT5 is the risk-reduced and not overpriced Breakout Expert that trades morning session breakouts of GBPUSD, here offered by the original developer. !!!Just rent it riskless for only $30 and decide later to buy the unlimited license finally by getting reimbursed by the $30 rental fee!!! Watch this video before you intend to buy a much more expansive Breakout Expert Advisor: https://www.youtube.com/watch?v=c0UwKrWnoEE&t=2s Compare current performance with top rated, high

169 USD

TRADECOPY MASTER MT5 Over the years I developed TradeCopy MT4/MT5 for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before ending up in profit (or in loss finally...). Improvement of profits (and limit losses) by additional controlling of trades that your experts on the TradeCopy Master part have been opened can be

FREE

TRADECOPY MASTER MT4 Over the years I developed TradeCopy MT4/MT5 for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before ending up in profit (or in loss finally...). Improvement of profits (and limit losses) by additional controlling of trades that your experts on the TradeCopy Master part have been opened can b

FREE

Gain Guard MT4 secures the profits of all or selected trades on one terminal or on several terminals with the same account number. The selection can be configured according to Magic numbers and/or symbols, so that the Magic numbers and/or symbols that are not selected remain unconsidered. What is it useful for? For example, when several experts trade on one terminal and manual trading also takes place. Experts have different strategies and SL/TP. In particular, some experts let the trades run

FREE

Gain Guard MT5 secures the profits of all or selected trades on one terminal or on several terminals with the same account number. The selection can be configured according to Magic numbers and/or symbols, so that the Magic numbers and/or symbols that are not selected remain unconsidered. What is it useful for? For example, when several experts trade on one terminal and manual trading also takes place. Experts have different strategies and SL/TP. In particular, some experts let the trades run

FREE

Triangle patterns are chart formations that signal a possible breakout in either direction. In the case of symmetrical triangles, the probability of a breakout to the upside or downside is about 50%. For more detailed information, I recommend the numerous publications on the Internet on this subject. What is special about this indicator is that it can be integrated into your own MT4 applications, such as scripts, Expert Advisers, etc. using the implemented indicator buffer via the iCustom() func

30 USD

Easy Open and manage your orders and positions – Calculate risk and lot size – Build your expert adviser from the integrated indicators – Trail your profits in various ways Key Features: Virtual Trading Lines: free changeable in any direction to build resistance, support, channels, triangles,… Order Types: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, OCO, Bracket Order Virtual Profit Trailing Strategies: Static, Percent, Exponential, Scaling up, Scaling down, Fifo, Bulk, Bollinger Ch

49 USD

TRADECOPY CLIENT MT4 Over the years I developed TradeCopy MT4/MT5 for that purposes: I'm running several experts on one and/or different terminals and accounts. The trades opened by those experts, usually will not move straight away into profit zone. Very often they use to pullback more or less before end up in profit (or in loss finally...). To improve the profits and avoid possible drawdowns of trades that have been opened by the accounts that are running the TradeCopy Master MT4/MT

49 USD

Symmetric Triangle Dashboard MT4 is a matrix that was designed to monitor any standard and/or custom indicator as well as symmetrc triangle patterns by any symbol-timeframe combination to be alerted if the desired contition is met. Furthermore by simply clicking on the selected signal, the refering chart becomes opened including the assigned indicator template if there was designed one. In "Custom" mode, user can add any indicator to scan its up to 7 timeframes per symbol to for example, get

49 USD

This indicator was developed by me, based on my experiences during my long term daily trading. It allows to get an excellent and compact overview about the current market situation without to have to monitor multiple charts. The default settings are widely used by traders. For example on sites like forexlive.com: https://www.forexlive.com/technical-analysis Features: The Moving Average Swiss Knife-like indicator for Daytraders Allows to setup of up to seven different MAs (MA and DEMA) to use on

30 USD

Triangle patterns are chart formations that signal a possible breakout in either direction. In the case of symmetrical triangles, the probability of a breakout to the upside or downside is about 50%. For more detailed information, I recommend the numerous publications on the Internet on this subject. What is special about this indicator is that it can be integrated into your own MT5 applications, such as scripts, Expert Advisers, etc. using the implemented indicator buffer via the iCustom() func

30 USD

Symmetric Triangle Dashboard MT5 is a matrix that was designed to monitor any standard and/or custom indicator as well as symmetrc triangle patterns by any symbol-timeframe combination to be alerted if the desired contition is met. Furthermore by simply clicking on the selected signal, the refering chart becomes opened including the assigned indicator template if there was designed one. In "Custom" mode, user can add any indicator to scan its up to 7 timeframes per symbol to for example, get

49 USD

Traders Swiss Knife MT5 operates and manages your trades at your fingertips – auto calculates risk and lot size – builds expert advisers from integrated indicators – trails your profits in various modes. Key Features: Virtual Trading Lines: free changeable in any direction or auto-placed by ZigZag indicator to build resistance, support, channels, triangles, wedges,… Order Types: Buy, Sell, Buy Limit, Sell Limit, Buy Stop, Sell Stop, OCO, Bracket Orders Virtual Profit Trailing Strategies: Stat

49 USD

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Version 1.80 2023.11.18

Added:
- RSI state BUY/SELL to show on Panel
- Seven more indicator-based strategies that increase significantly the amount of trades and its profit
- Button and edit field for strategy switching and selecting to Onscreen panel
- Hotkeys 'S' and 'D' for show/hide panel and show/hide sub-page
- Cleaning charts from objects that sometimes might overlay onscreen panel area;
Fixes:
- Minor bug fixes

Version 1.74 2023.10.11

Minor bug fixes

Version 1.73 2023.10.10

Added Drawdown Reduction level changable to Onscreen-Panel
Corrected an issue that resulted that Drawdown Reduction did only close the profitable trade without to close the refering loosing compansation trades to reduce the overall drawdown risk
Minor bug fixes

Version 1.71 2023.10.03

Panel sub-buttons revised
Minor bug fixes and adjustments

Rescue Trader MT5

Rescue Trader MT5

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