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Red Stone MT5

5

Red Stone EA is a fully automatic expert advisor which contains several trading systems mainly based on Average True Range. Each trading system has it own entry, Profit Target and fixed Stop Loss. This trading robot can be used to all forex pairs and all time frames, but it is especially designed for AUDUSD 1H time frame. 


Main Features:  

  • No Martingale. 
  • No Averaging.
  • No Grid.
 
Setting Parameters:
  • Expert Name - EA name and trades comment. 
  • Magic Number - EA identification number to identify trades, and must be different to other EA. 
  • Fixed Lots - Fixed lot size.
  • Auto Lots - True if you want to activate auto lot size calculation
  • Auto Lots Risk - Risk calculation to calculate auto lot size.    
  • Max Spread Allowed - If spread goes higher, EA wont trade. 
  • Max Open Positions - Maximum open orders allowed.
  • Indicator Setting.
  • Time Filters.

Recommendations:  
  • AUDUSD 1H.
  • Zero spread ECN or raw spread account.
  • Account that support hedging. 


Reviews 1
Alexandre Bellini
398
Alexandre Bellini 2024.01.01 15:06 
 

ótimo EA

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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
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Frigate EA MT5
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Frigate EA  is a fully automatic expert advisor which contains several trading systems mainly based on Moving Averages. Each trading system has it own entry algorithm with fixed stop loss and take profit. This trading robot can be used for all pairs and all time frames, but it is especially designed for GBPUSD 1H  time frame.  Main Features:    No Martingale.  No Averaging. No Grid.   Setting Parameters: Expert Name   - EA name and trades comment.  Magic Number   - EA identification number to
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Alexandre Bellini
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Alexandre Bellini 2024.01.01 15:06 
 

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Version 1.1 2024.02.15
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