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Butterfly Platinum

2.33

This Expert Advisor is designed for effective investment management and medium-term trading. Unlike the usual version of Butterfly, it starts working when the minimum required number of High/Low bars are within the specified price range. The strategy is based on the assumption that the market bounces in the opposite direction several times before the big bids are satisfied. Do not use martingale, grid and other high-risk trading strategies similar to overstaying drawdown by keeping unprofitable trades. Every trade is protected by stop loss. Only one market order can be opened at a time. It works using pending (Stop, Limit) or market orders depending on the parameters specified. The trailing stop levels can be set in pips, in the deposit currency or as a percentage of the balance. VPS server is recommended. The recommended minimum deposit is 1,000 units of the base currency. The EA is to be used on highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, XAUUSD), M1-M5 timeframe. For the convenience of evaluating the efficiency of the trading system, various information is output on the chart.


This EA is designed for long-term use, therefore, do not expect immediate results. There can be unprofitable days, weeks and even months. The number of trades mainly depends on the market volatility. Keep in mind that this is merely a program and not the Holy Grail. Only you should decide when and where to use it. Make sure you test the program in the strategy tester and understand all the settings before you make the purchase.

The number of trades if determined by three main parameters:

  • LifeTimeSignal - signal lifetime.
  • Distance - the distance the price should pass.
  • TimerSeconds - time to refresh the data in seconds.

The smaller the distance the price should pass and the greater the allocated time, the greater the number of trades. Also, disabling the signal lifetime setting allows the EA to work using a simplified logic, which generates more trades but with a decreased quality.


Optimization settings:

  • PriceRange - start 50, step 50, stop 500.
  • CountBars - start 10, step 1, stop 20.
  • CountHighLow - start 3, step 1, stop 10.
  • LifeTimeSignal - start 10, step 10, stop 120.
  • Distance - start 40, step 10, stop 200.
  • TimerSeconds - start 10, step 1, stop 30.
  • TrailingStop - start 40, step 10, stop 100.
  • TrailingStep - start 40, step 10, stop 200.

I decided not to overload this EA with a lot of functions, and equipped it with only the essentials. But, if you need something done additionally, it can always be done via the freelance service with prior negotiation. Please contact me if you have any questions. I hope, this product will be helpful. If you like my product, please leave your feedback.


Description of the Parameters

  • OrdersType - select the order placement type:
    • StopOrder - pending Stop orders.
    • LimitOrder - pending Limit orders.
    • MarketOrder - market execution.
  • PctMaxLots - automatic calculation of the lot size as a percentage of the maximum allowed lot. If set to -1, a fixed lot set in FixLots is used.
  • FixLots - fixed lot.
  • PriceRange - price fluctuation range.
  • CountBars - number of bars for calculation.
  • CountHighLow - number of high/low bars in the range.
  • TimeFrame - timeframe to gather statistical data.
  • LifeTimeSignal - signal lifetime, in minutes. Not used if set to -1.
  • Distance - the distance the price should pass within a certain time interval.
  • TimerSeconds - time in seconds, after which the data for opening positions are refreshed.
  • LevelsMode - order closing mode:
    • Pips - in pips.
    • Money - in deposit currency.
    • Percent - in balance %.
  • TrailingStop - trailing stop distance.
  • TrailingStep - trailing step.
  • MagicNumber - magic number, -1 - work with all orders.
  • ShowInformation - information output method:
    • Symbol - output data on the symbol the EA is running on.
    • Account - general statistics on the trade account.

All my products: link

Reviews 3
Tarun Chaudhry
2905
Tarun Chaudhry 2018.03.23 02:06 
 

The first reason for 5 stars is Vladimir. He is very helpful and responsive. Quick to resolve issues and advise. For now the EA runs fine. Need to run it a little longer to give full feedback.

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JOIN the new CHANNEL Huge Upgrade in: Conditions of entry.(The same as before plus some restrictions for even better). Added Buttons for Pause and Restart EA from chart. Added input for Pause EA based on number of positions and restart the EA based on candle of 4H chart if it is back on trend! Added input for Trail Money. Live Monitoring Telegram group here Welcome. Zig Zag Ultimate uses a top notch strategy based on Zig Zg indicator among with candle reversal patterns.
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EA Black Dragon
Ramil Minniakhmetov
4.76 (263)
EA Black Dragon runs on the Black Dragon indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller    Recommendations  Inputs Value  ·          Open new series – True/False – EA will open another series of
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Huckster MT4
Jakub Norbert Bogusz
5 (4)
!!! Current price - $349 will be increased to $499 soon, so if you want to get a discounted price this is your last chance !!!  Huckster is an absolute breakthrough in Forex Algo Trading. It has been trained on EURUSD and on all of the EUR minor pairs (EURGBP, EURAUD, EURJPY, EURCHF, EURNZD, EURCAD) so all together it trades 7 different currency pairs. As an Artificial Intelligence type of robot, the trades it opens are as close as possible to the ones which would be open by an professional hum
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Gold Harmonic MT4
Renate Gerlinde Engelsberger
3.8 (54)
At the request of the people, 5 copies are sold at the previous price  (1 people left) : Next price: $ 500 An expert based on harmonic patterns For gold in time frame 5 and 15 minutes With a large number of signals Has a TP and a SL Without the use of dangerous strategies such as martingales and hedges After purchasing this expert, send me a message to join the buyer group  Symbol  Gold  Timeframes  M5 , M15  Minimum  Deposit  Minimum tested capital: 250$   Brokers  Any broke
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Nexus EA Forex
Enrique Enguix
4.8 (20)
In January 2010, two unknowns started in the world of trading. They both had the same money, the same experience, and the same investment knowledge. A year later, the two met at a trading forum. They talked about their experiences in the investment world and shared their results: The difference was not very big, one had made some money, while the other had lost only a little. Again, a year later, they met again. The former had continued to win. The other had lost most of his account.      
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Advanced Scalper
Profalgo Limited
4.07 (108)
MORE THAN 4 YEARS OF LIVE TRADE RESULTS ALREADY   ->  https://www.mql5.com/en/signals/413850 NEW PROMO:   ONLY 1 COPY LEFT 249$ PRICE AFTER PROMO: 599$ New: choose 1 EA as bonus! (limited to 2 trade accounts) !! READ SETUP GUIDE BEFORE RUNNING THE EA !!  ->  https://www.mql5.com/en/blogs/post/705899 Live results: - high risk ->  https://www.mql5.com/en/signals/413850 - high risk B ->  https://www.mql5.com/en/signals/1014766 - low risk ->   https://www.mql5.com/en/signals/701905 Advanced
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Fidelity MT4
Kyra Nickaline Watson-gordon
Description : Fidelity EA is an Expert Advisor for trading on all Forex pairs and all timeframe. EA is powered with specific trend detection algorithms. The algorithm is fully smart and automatic. So the use and setup of EA is very simple and there is no need to have deep knowledge about the market. Monitoring Signals : Some samples of trades by the EA : https://www.mql5.com/en/signals/1595009 Growing the EA : The EA will be updated and supported always. New features will be added later
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GOLD EAgle mt4
Evgenii Aksenov
4.73 (139)
GOLD EAGLE  is a swing strategy ideal for a flat market, which takes up to 80-90% of the time. The GOLD EAGLE EA is optimized for the XAUUSD (GOLD) pair. This is a trend scalping strategy using the TrendLine PRO indicator as an input signal. The EA opens the first order at the signal of the indicator and fixes the profit at a given level, but if the price does not reach the profit and rolls back, an additional order automatically opens averaging the level of the total profit making it closer to
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SouthEast
Sugianto
5 (1)
Only 8 copies left. Next price $449. South EAst EA uses virtual trade in determining position entry and does not use indicators,  and it doesn't require complicated settings because the user just needs to upload the already available setfile. Currently there are setfiles for 20 fx pairs Signals:   here  | Setfile & EA Explanation:   here  | MT5 version : here Suggested accounts: + Leverage: 500 Needs: + VPS with good internet connection. Expert input: 1. Manage Open Positions + Trade
399 USD
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
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Evening Scalper Pro
Valeriia Mishchenko
4.56 (9)
EA has live track record s with low drawdown: Live signal - Best Pairs Live signal - All Pairs Only 2 copies  of the EA out of 10  left  at $899! Next price --> $1049 Evening Scalper Pro is the state-of-the-art mean-reversion trading system that operates during the American trading session. It's very different from most other scalping systems, since it uses a unique trading logic on cross pairs that have a strong mean-reverting tendency with high profit targets. EA enters the market with mark
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EA Among us
Vladimir Stepanov
4.69 (13)
This EA uses the Trend Wave indicator and it can identify the beginning and the end of a new wave trend movement. As an oscillator, the indicator identifies the overbought and oversold zones.   It works great to catch the short term price reversals and uses a martingale strategy to close all trades in profit.   Use default settings on m15 or higher time frame on any pair for more accurate trades! You need an account that allows hedging! My signals and other products can be found  here  Please co
45 USD
Advanced Gold Scalper MT4
Ho Tuan Thang
4.86 (22)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Some Features: -   No Martingale - No Multiplier Lot - Scalping follow trend - News filter to stop EA before high impact news - Scalping mode to stop EA in some cases ... CAUTION:  News Filter can not back testing. This will cause back testing results to be inaccurate, because News Filter will help EA remo
399 USD
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Bar by Bar MT5
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BadaBOOM PRO
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This multi-currency EA uses an adaptive grid strategy. It is designed for maximum effective real trading in today's market conditions. This trading robot analyzes the price action, price speed and direction. It does not require special conditions, does not depend on the trading account type, the broker, or the financial instrument. The function - total trailing stop of open position by equity in the deposit currency, points or as a percentage of profit allows to favorably close the order basket.
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Copier MT5 DEMO
Vladimir Gribachev
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Phantom
Vladimir Gribachev
5 (1)
This is a fully automated multi-currency Expert Advisor. Does not use Martingale and grid trading. Uses stop loss to protect funds. It trades pending orders at acceptable time. Unengaged pending orders are deleted after the EA stops trading. Сделки совершаются по рынку (Market Execution) — Market Execution is applied — take profit and stop loss are placed after the order is executed and modified by the EA's settings. The EA is meant for trading EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZD
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Serpent
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Vladimir Gribachev
This scalping Expert Advisor does not use any indicators. Martingale is not used as well. The product displays a channel, two lines from Ask and Bid. If the channel is touched or broken by the price, the timer is enabled. Upon its expiration, the channel is modified based on new prices. Pending BuyStop and SellStop orders are placed at the specified distance from the channel levels, pending orders are modified following the channel. As soon as a pending order becomes a market one, an opposite or
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Gryphon
Vladimir Gribachev
The strategy is based on entries according to the Fibonacci levels and the Stochastic indicator. Buys when the Stochastic indicator line is above the specified level and the price is above or equal to the opening level of Fibonacci. Sells at the opposite conditions, when the indicator line and price are located below the specified levels. Designed for 4 and 5-digit quotes, use it on a VPS hosting. Launching the EA It is recommended to launch the EA on several adjacent currency pairs with the sam
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Alligator Pro
Vladimir Gribachev
The strategy is based on Bill Williams' indicators and my universal template. It uses Alligator, Fractals, AO and AC indicators. Buy entries: the Alligator mouth points upwards, AO and AC are in a green zone, the price is higher or equal to the last "upper" fractal. The product is designed for 4 and 5-digit quotes and should be launched on a VPS server. Expert Advisor Installation It is recommended to launch the EA on several adjacent currency pairs with the same magical numbers. For example: GB
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Forex Bot
Vladimir Gribachev
The Expert Advisor does not use any indicators. It has a virtual trailing stop function and designed for 4-5-digit quotes. The EA opens deals in Market Execution mode. Take Profit and Stop Loss are placed after order execution and modified in accordance with the EA settings. Parameters TimeFrame – timeframe for defining the largest bar's Close price within n time period; StartBar – bar, from which the search for the largest bar starts; FinishBar – bar, at which the search for the largest bar is
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Super Martingale
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This Expert Advisor uses martingale and order grid. An initial deal is opened when the price touches or breaks a price channel. The price channel is modified by timer in seconds. The following deals are opened by specified parameters. The EA flexibly configures step and volume, multiplier factor, amount of market orders to start increasing a step or a volume to open new orders. The EA has been adapted for 4-5-digit quotes. The EA is recommended for use on EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF,
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Champion PRO
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A multifunctional trading robot for MetaTrader 4. The EA's basic strategy applies the range of price deviation from the average high/low values for a specified period. It has a minimum of configurable parameters, but has great functionality - the Expert Advisor can be configured for any trading style, which makes it not just a trading robot but a multi-functional flexible constructor. The EA applies order levels, stop loss, take profit and trailing stop levels invisible for brokers. The entire t
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DarkForest
Vladimir Gribachev
1 (1)
The strategy is based on the price channel breakout. VPS is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on M5-H1 of highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF). Features The EA features a predictive algorithm based on price patterns, as well as stop loss and take profit levels; Customizable pyramiding, hedgi
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Front Running
Vladimir Gribachev
This is an automated Forex Expert Advisor. The strategy is based on the assumption that the market bounces in the opposite direction several times before the big bids are satisfied. It has a built-in algorithm for predicting the price movement, which allows the EA to make decisions on opening averaging orders or increasing positions. It works using pending (Stop, Limit) or market orders depending on the parameters specified. To diversify the risks, the EA works with short and long positions simu
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WooHoo
Vladimir Gribachev
The entry signals are based on steady price movement for a certain distance within a specified time interval. VSP is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF). Features Customizable pyramiding, hedging and order grid functions; Position tracking can be one of
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Candle Closing
Vladimir Gribachev
2 (1)
Strategy: based on candle closure, entry in the movement direction. Features The template features an adaptive forecast algorithm based on history data of price action; It has multiple filters for opening new orders; Compatible with any trading strategy, both manual or automatic (Expert Advisors); It has the maximum possible and compatible functionality: adaptive order grid, locking, averaging, rebuying. Expert Advisor Installation The quotes history must be predownloaded for all currency pair
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Joker System
Vladimir Gribachev
4.43 (7)
This multicurrency Expert Advisor uses an advanced adaptive trading strategy based on a position averaging. Stop loss can be calculated in currency or by drawdown in % of the balance. I recommend that you withdraw your profit regularly! The product is designed for 4 and 5-digit quotes. VPS server is recommended. Timeframes: M30-H4. Recommended minimum deposit – 1 000 units of the base currency. Setup The EA is launched on several low spread symbols simultaneously (for example, EURUSD, GBPUSD, AU
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MA Channel Pro
Vladimir Gribachev
This is an automated Forex Expert Advisor. The trading system is based on the breakout of channel of the Moving Averages and my adaptive template. It uses a completely different approach to trading. The EA template is developed so that the signals are not followed literally, instead they provide a reason to a certain action since the signal may turn out to be false, while the price may go in the opposite direction. Depending on the basic settings, the EA may use pending (Stop and Limit) or marke
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Trade System
Vladimir Gribachev
1 (1)
This is an adaptive grid Expert Advisor that applies Fractals and Fibo levels and is based on the price behavior. An Average weighted stop loss can be used to limit losses. Average volatility, speed and direction are also applied by the strategy. The Expert Advisor is designed for maximum effective real trading in today's market conditions. It does not require special conditions, does not depend on the trading account type, the broker, or the financial instrument. It works well with small and la
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News Auto Trading
Vladimir Gribachev
3 (2)
This is a news Expert Advisor trading by the economic calendar. It features the following working modes: Manual – trader sets the news time on its own Automatic – the EA takes the news release time and its importance from the news website Several modes of customizable parameters allow the EA to conveniently adjust the EA to your trading strategy. The trading robot automatically determines the time zone, the news importance, the currency affected by the news release, displaying the news on a char
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Snop
Vladimir Gribachev
The Expert Advisor strategy is based on the moving average channel breakthrough. VSP is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on M5-H1 of highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF). Features The EA features a predictive algorithm based on price patterns, as well as stop loss and take profit levels; Cu
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Super Trader EA
Vladimir Gribachev
Fully automated adviser using an advanced grid algorithm and a function to protect against increased volatility during news releases. The Advisor looks for anticipated levels of reversal / continuation in a narrow price range (the proposed new level of support / resistance) based on previous movements. Applies invisible for the broker dynamic levels of setting new orders, stop-loss, take-profit and trailing stop. If you set MagicNumber = 0, then the expert can be used in semi-automatic trading
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Filter:
Paolo Cagalli
175
Paolo Cagalli 2019.01.04 16:43 
 

Money flushed down the toilet

Eiji Niino
917
Eiji Niino 2018.12.18 20:18 
 

Useless, most of trade were lost, back tester quality is 25% and far from actual.

Tarun Chaudhry
2905
Tarun Chaudhry 2018.03.23 02:06 
 

The first reason for 5 stars is Vladimir. He is very helpful and responsive. Quick to resolve issues and advise. For now the EA runs fine. Need to run it a little longer to give full feedback.

Reply to review
Version 1.1 2022.03.04
update for new build