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  • Reviews (6)
  • Comments (17)
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Never Dies MT5

3.17

Never Dies EA is a super professional EA using advanced mathematical and statistical theories. The EA analyzes multiple timeframes (Chart Timeframe and D1) to detect strongest directions and verify signals. The EA is in the category of HFT trading EAs and will not use any dangerous recovery methods such as grid, martingale, hedge, ....

All trades are powered by TP/SL to control the risk of the account.

Also some smart algorithms inserted inside the EA to adjust some settings based on selected symbols and timeframe automatically. So using the EA is easy for all traders. Only some major settings are added to the EA input parameters.


Usage :

You can use EA on all trading symbols and all timeframes. The better performance is on 28 major and cross Forex pairs and medium timeframes. (Such as M15,M30,H1).

No need to use VPS.

Use EA on Hedge Accounts Only. (Netting is not supported)


Monitoring Signal :

The Monitoring signal on the real account will be published soon.


The EA inputs :

  • Signal Settings
    • Fast Period and Slow Period : The EA needs two periods for operation. This is not a simple two indicator crossing or comparison. The algorithm of the signal using two different periods is very complicated. Please don't ask me to explain details of the strategy.
    • Points to Wait for Signal Verification : Waiting for enough movement in direction of signal to make sure about the correct trend detection
    • Precision : The Precision of Signal detection algorithm. (Use values in range of 1~10)
  • General Settings
    • Trade Type : Options : "Long,Short,Long and Short,Long or Short". The option "Long or Short" means if a long is opened already, short order will not enter until closing all longs and vice versa.
    • Magic Number
    • Max Spread : To avoid opening orders on larger spreads. Use 0 to disable the filter.
    • Near Position Existence Filter : To avoid opening more trades at same range
    • Take Profit : The amount of profit of orders based on points.
    • Stop Loss : The amount of stop loss of orders based on points. Use values larger than or equal to take profit.
    • Closing All Trade Options : Options to close all trades at once, if predetermined amount of profit or loss reach.
  • Lot Size
    • Lot Size Mode : Options : "Constant, Auto Lots Based on Balance"
    • Constant Lots
    • Lots Per 1000 Balance
  • Trailing Stop and Break Even Options
  • Time Filter
  • News Filter


    Optimization :

    You can optimize all input parameters of the EA. But for faster and better results, it is recommended to use optimization settings on the attached screenshots. Also it is recommended to optimize the EA for fixed lot and large account deposits. After adjusting all parameters, you can change or optimize volume settings based on your account size.


    Recommendations :

    On real trading, use lower trading volumes than your test results. Especially if you are using EA on multiple symbols, reduce trading volumes.

    The EA may have consecutive losses. So it is recommended to use lower trading volumes to be able to recover such cases.

    We recommend using about 10% of tested (or optimized) lot sizes on real trading. If trading on multiple symbols at the same account, use lower lots such as 5% or lower.


    Factors affecting profits :

    • Liquidity – The liquidity of a market can affect the performance of the EA. But there is no major effect.
    • Volatility – Unlike scalper traders, the EA can not make profits all day because of medium sized TP/SL. Imagine if its price does not move all day, EA can open some new trades but can not make profit all day. Anyway They do not need to worry about sudden price changes.
    • Slippage – Don't worry. The EA is not sensitive to slippages.
    • Spreads – The EA is not sensitive to spreads. But if you are trading aggressively, take care of your account on spread widening times. Of course low spread accounts are better for any trading EA.
    • Time frame – The EA entry algorithm is not dependent to a specific timeframe. But the performance on medium timeframes is better.
    • Risk management – Rather than looking for one big trade, this EA looks for hundreds of small trades throughout the day/week/month. In this process the EA might also take lots of losses during the same time period. Also the number of open trades increases meaningfully. So take care about your adjustments of trade lot size and the maximum allowed number of trades.
    • Account size - If your trading balance is low, use micro or cent accounts. EA can support such accounts also.


    Support and Update :

    This is the initial version of the Never Dies published on the market. The product will be updated in the next weeks and new features and options will be added.

    If you need any help, you are welcome to contact me.




    Reviews 6
    SAMANEH MAJIDI
    3901
    SAMANEH MAJIDI 2024.02.12 16:54 
     

    Good. Thanks.

    Kemal YILDIZ
    58
    Kemal YILDIZ 2024.02.11 16:44 
     

    Frequent updates. Good results. Recommended EA.

    ForexMaster
    49402
    ForexMaster 2024.02.01 00:35 
     

    Impressed results reached on my real trading until now. I am happy for my purchase.

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    Hello, I am Diamond Titan FX. This EA is specially designed for US30 pairs. The EA does not use any risky strategies like Martingale or Grid. By default, the EA sets a fixed SL of 50 pips for each trade, but you can change it if you wish. The EA also implements a trailing stop that locks in profits from 10 pips, which you can modify. It features a drawdown management function for the entire account. The EA includes a news filter option if you want to disable trading during news events. Special:
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    Denis Goloshchapov
    329
    Denis Goloshchapov 2024.11.08 14:20 
     

    Ужас, на реальных счетах не работает

    Charle Pereira
    51
    Charle Pereira 2024.08.15 23:36 
     

    Read this review before purchasing. I tested this EA several times, including in Monte Carlo, and all the results were excellent. I bought and ran the EA on a real demo account from February to July/24 (6 months) and the results were terrible, resulting in a 15% loss over the period. I simulated the EA testing over the same period with “every tick based on real ticks”, but the simulation showed positive results, incompatible with testing on a real demo account. I bought this EA with the expectation that I had made a good investment, however, I was disappointed and wasted my time and money purchasing the EA. The technical support is also poor, if you have little or no experience in trading the author ignores you. I hope this review helps you not to fall into this trap.

    Bobomechanic
    171
    Bobomechanic 2024.07.10 08:27 
     

    Warning! I have used this EA for 6 months but unfortunately lost thousands of dollar!

    In the backtest, the EA shows no commission fees that's why it seems profitable! Sometimes it holds a position for months!

    It buys when it should sell and sells when it should buy. I can share some screen shots from my charts and show how badly it has ruined my live accounts!

    SAMANEH MAJIDI
    3901
    SAMANEH MAJIDI 2024.02.12 16:54 
     

    Good. Thanks.

    Kemal YILDIZ
    58
    Kemal YILDIZ 2024.02.11 16:44 
     

    Frequent updates. Good results. Recommended EA.

    ForexMaster
    49402
    ForexMaster 2024.02.01 00:35 
     

    Impressed results reached on my real trading until now. I am happy for my purchase.

    Reply to review
    Version 1.7 2024.11.03
    Fixing minor issues.
    Version 1.6 2024.07.07
    Added extended options for time filter.
    Version 1.5 2024.04.21
    Added News Filter
    Added option to close all profit/loss based on percent of account balance.
    Performance of the EA upgraded
    Version 1.4 2024.03.16
    Added option to update TP/SLs of existing trades at the EA startup.
    Trading engine modified.
    Version 1.3 2024.02.25
    Added time filter.
    Added comments on chart to display the summary properties of open trades.
    Version 1.2 2024.02.11
    Some Fixes done.
    A Filter Added.
    Two Closing Conditions Added.
    Version 1.1 2024.02.05
    Added Trailing Stop and Break Even