Market / MetaTrader 4 / Experts /

CadenceFX MT4

FREE

Published: 23 November 2023

Current version: 1.0

CadenceFX MT4

4.5

Key Features:

Dual Indicator Strategy: The EA utilizes Bollinger Bands and Stochastic Oscillator to identify reversal points, ensuring precise entry and exit signals for profitable trades.
Trend Filtering System: CadenceFX incorporates a trend filtering system to prevent trading in strong trend conditions, enhancing trading accuracy and reducing potential losses.
Patience in Trading: The EA waits for the market to retrace before entering trades, ensuring a strategic approach to trade execution.
Dynamic Lot Sizing: Automatically adjusts the lot size based on the current account balance, optimizing risk management and capital preservation.

MT5 Version: Click Here

Backtest Details:

Model: Every tick (the most precise method based on all available least timeframes)
Modelling quality: 99.90% (the most precise data of MT4)
Spread: Variable
Time Period: 2010 – 2023.10
Symbol: USDCAD
Timeframe: M15
Dynamic Lot: Automatically adjusts the lot size based on the current balance.

*Backtests should be conducted with Tick Data Suite GMT+2 with US DST. This GMT offset is widely used by most brokers.

Settings:

Risk Management: Customize the level of risk according to your trading preferences.
Take Profit for Initial Trade: Set the take profit level in pips for the initial trade.
Take Profit for Pips as Position: Specify the average profit in pips to aim for when opening multiple orders (2-3 orders).
Bollinger Bands Period: Determine the period of the Bollinger Bands used for calculating upper and lower levels.
Stochastic Indicator Parameters: Set the periods and values for the Stochastic indicator to fine-tune trading signals.
Trade Distance: Define the minimum distance in pips between trades.
Trade Multiplier: Specify the multiplier for the lot size of the next trade.
Stop Loss: Set the percentage of your account balance to be used as a stop loss.
Maximum Slippage: Specify the maximum allowed slippage in pips for trade execution.

Recommendations:

Currency Pairs: USDCAD
Timeframe: M15
Account Type: Suitable for any account type, with a preference for ECN/Raw spread accounts.
Leverage: Recommended leverage of 1:100 for optimal trading conditions.
Settings: Default settings provided for ease of use.
Minimal/Recommended Deposit: Start trading with a deposit of $1500 or 1500 US Cent to effectively implement the EA's strategy.

more...

AFuste 2024.02.07 10:23 #

Until now, no closed trades in Demo account, but seems good EA on Backtests.

Ckvara 2024.01.02 08:31 #

It is very good EA from the backtest result. Look forward to use it in a live account.

1258

Alesamo 2023.11.29 17:21 #

5 stars for now for giving away this EA for free! Backtest looks very good, will forward test it a while on one of my demo accounts. Thanks!

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EA Grid- BollSto is a hybrid strategy that has been tested and optimized using 100% History Quality from 2008 to 2023. Its main signal is based on Bollinger Bands, with Stochastic as a confirming signal to identify trends. It can be used on various timeframes such as M15, M30, H1, H4, and D1, with customizable settings. * Recommended to use 1 timeframe per 1 account to limit risk. The risk management system allows you to choose your preferred risk level. The user-friendly interface, coupled wit

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DynamicBandit EA is a unique and versatile hybrid strategy that has undergone rigorous testing and optimization using 100% real ticks History Quality data from 2010 to 2023. Its core strategy is based on Bollinger Bands, complemented by Envelopes to confirm trend identification. With our risk management system, you have the flexibility to choose your preferred risk level. The user-friendly interface, combined with high-quality stability and real-time processing modules, offers an extensive arr

99 USD

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Vince Congdon 2024.04.18 07:46 #

2329

agrushev777 2024.02.17 17:29 #

User didn't leave any comment to the rating

AFuste 2024.02.07 10:23 #

Until now, no closed trades in Demo account, but seems good EA on Backtests.

Ckvara 2024.01.02 08:31 #

It is very good EA from the backtest result. Look forward to use it in a live account.

1258

Alesamo 2023.11.29 17:21 #

5 stars for now for giving away this EA for free! Backtest looks very good, will forward test it a while on one of my demo accounts. Thanks!

2281

MattyTrading 2023.11.28 22:10 #

excelente EA ,Buen trabajo , FELICITACIONES ,operando en ICM va muy bien

312

Alberto Sassetti 2023.11.28 08:43 #

Good Job