PS Apollo EA MT5
- Experts
- Miguel Angel Vico Alba
- Version: 1.1
- Updated: 16 January 2024
- Activations: 10
The EA works simultaneously with 4 currency pairs on a single chart and window (EURAUD, EURGBP, EURUSD and GBPUSD). It is important to understand this, because if you place the EA in multiple windows, the EA will duplicate trades.
It is also important that you have EURAUD, EURGBP, EURUSD and GBPUSD in the 'Market Watch' list.
Unlike other systems and products for sale on the MQL5 market, this one is not overly optimized and does not show 100% winning trades, with almost no risk or drawdown. That simply doesn't exist. Be careful with these products and use common sense.
This system does not use martingale and among its options is a system that closes all operations when a certain level of DD is reached. All trades use a virtual SL (not sent to the broker).
All sets are built into the EA and there is no need for the author to share any *.set files with you.
It is not necessary to use a specific TF (Timeframe) for the EA to work correctly in the strategy tester or in real trading. The TF's of the different strategies are integrated into the EA.
The EA has easy to understand parameters, but if you need help, feel free to contact the author.
Signs and other products: https://www.mql5.com/en/users/mike_explosion/seller
Parameters
- Pause EA: When 'OFF', the EA runs without interruption. If 'ON', the EA will not open new trades or monitor the DD/TP/SL. (Please keep this in mind).
- Batch Method: You must select the way in which the batches will be calculated.
- Automatic Batches (Risk Levels): The different risk levels if automatic mode is activated.
- Fixed Lot: Set the fixed lots to 'Fixed' and 'Fixed by 'X' Balance/Equity' option.
- Fixed Lot by 'X' Balance/Equity: Fixed lot multiplier according to Balance/Equity.
- Balance/Equity Percentage: The way in which the lots are chosen is very simple. ((Balance or Equity * Leverage * 0.01) * Percentage selected here)
- DD max. Mode: Here you can select various behaviors after reaching a certain DD.
- DD max. Value: Determine what percentage reduction must be achieved for any of the above behaviors to take effect.
- Magic Number: Number assigned to operations opened by the EA to differentiate them from manual (discretionary) operations.
- Use EURAUD: ON/OFF.
- Use EURGBP: ON/OFF.
- Use EURUSD: ON/OFF.
- Use GBPUSD: ON/OFF.
- Symbol suffix: If your broker uses "EURUSD.m", type ".m".
- Dashboard [OFF=Quick Backtesting] – Displays a computer dashboard in the chart window. Disable it in the strategy tester for faster backtesting.
- Panel Font – Select the font type.
- Panel Font Size: Panel font size.
- Line Style: Line style (BE, TP, SL and next grid level).
- Line Width: Width of the lines.
- Line Color TP, SL, Grid and Breakeven.
- Panel Comment [Max. 30 characters]: Custom panel comment.
- MQID© push notification. [DD/TP/SL] – Sends a push notification after reaching DD/TP/SL via the MetaTrader 5 mobile app.
Minimum requirements and recommendations.
- The images/statistics presented here are just a sample of the EA's capabilities, however, I strongly recommend that you be careful and use a medium risk (auto mode). Keep in mind that perhaps at some point, in the face of macroeconomic news, wars, etc., the DD may be higher than what the EA would have expected to have in the past and you will have verified it yourself in the strategy tester. even double. Please be careful, your money is at stake. I have been in this business for almost 20 years and I have witnessed all kinds of events that in my beginnings made my account explode and over time I have learned that the profits must be solid with low risks, that way you will make money exponentially. The opposite (step on the accelerator) never ends well.
- Broker: Any broker with a low spread (Test in the strategy tester. There is usually a lot of difference between brokers due to the spread, swaps...) I recommend IC Markets or RoboForex.
- Minimum initial deposit: $500 on accounts with 500:1 leverage.
- Recommended initial deposit: $1000 in accounts with 500:1 leverage.
- Account type: Coverage.
- Use a VPS to run the EA 24/7 (Required).
Reviews
- Unlike other authors, I will not ask you to leave 5 stars in exchange for giving you some benefit. It is something that must come from you. However, keep in mind that reviews are important to the author, and without them (good or bad) maybe the EA will end up forgotten in the MQL5 market and maybe the EA will not receive any more updates. Again, I'm not asking you for anything, I'm just explaining how reviews work and the possible consequences of simply purchasing a product and not rating it.
Strategy Tester
- Always use "Every tick based on real ticks" (>99% quality).
The Apollo EA is amazing, backtesting results are really good and also in the live market.