Bober Real MT5
Bober Real MT5 is a fully automatic Forex trading Expert Advisor. The robot can run on any instrument, but the results are better with EURGBP, GBPUSD, on the M5 timeframe. The system can run with the brokers providing floating spread.
Expert Advisor Advantages
- The EA does not use such systems as Martin, hedging, etc. Always uses SL and TP.
- No need to close the robot during news releases.
- The results obtained in the strategy tester match the results of real trading.
- High testing speed.
- Does not require a very good execution, the opportunity of having slippage is minimal.
- It is advisable to use on VPS. Ping to the broker's server may be around 100 ms, which is enough, because trades are opened in a quiet market.
Recommendations on usage
- The robot has several parameters affecting the quality of deals. You can use one set all the time, as well as run partial optimization or use ready sets.
- Do not optimize parameters on a short period of time, this will lead to overfitting.
- During optimization, use the "OpenPriceOnly" and the "Open prices only" tester mode, then the speed of one run will he high, while the results will match the live trading results.
- It is advisable to use the virtual SL and TP to exit trades. Also use larger physical SL and TP.
- Please be careful selecting the GMT value if your broker's server differs from the tester's server.
- type_order=ORDER_FILLING _FOK — order filling type.
- Strategy type = Rsi304/Rsi303 — strategy type.
- RSI304/RSI303 = 4 — parameters of the strategies responsible for the frequency of trades.
- Period1 — period of ATR filter, change parameters in the tester to get the best quality of the entries.
- Period2 — period of ATR filter #2, change parameters in the tester to get the best quality of the entries.
- Inp_Lot= Percent, Fixed — percentage, fixed lot.
- Lot_from — select the value to calculate lot from: free margin or balance.
- RiskPercent=30 — risk percentage for a non-fixed lot.
- Lots=0.1 — fixed lot.
- Stoploss=90 — distance to stop loss.
- TakeProfit=90 — distance to take profit.
- VirtStoploss=59 — distance to stop loss.
- VirtTakeProfit=5 — distance to take profit.
- Slippage=3 — maximum allowed slippage.
- MaxSpread=6 — maximum allowed spread.
- Distance — distance between trades.
- Maxorders — the total number of positions.
- Maxorders2 — the number of positions in one direction.
Trading time: optimize the trading range in the tester to obtain the best quality of the entries.
- Servertimefilter=true — enable/disable trading by time.
- FridayOn — enable/disable trading on Friday.
- TesterMoneyWithdraw — withdraw funds in the tester when the balance reaches 3000.
- CloseAfter — close all open positions after CloseHour.
- CloseHour — hour to close all open positions.
If you have bought the product and/or you have any questions send me a private message. Also contact me for product support if you have purchased it.
-Custom formula helps to use "Fast genethic based algorithm" more effeciently.
Just choose "Custom Max" mode while "Fast genethic based algorithm" while optimization to let tester select
forward-successful sets with higher probability.
CloseAfter = true - close all positions after the specified time
- Exitonbar - EA closes position on each bar.
- Maxorders - limit the number of deals (type "in") per direction of opened position.
- Maxorders2 - limit the number of all deals per position.
Default settings changed.
loss_cover - multiplication of a lot size after a loss. If 1, the option is disabled.