Solomon Chest

Solomon's Chest is fully automated scalper Forex robot which trades on ranging and slightly trending market. The trade entries are based on dynamic zones in all timeframes and with the most recent 30bars of all timeframes. Once opportunity level is determined, it will open trades right away. Each order is protected with hidden calculated Stop Loss level. Take profit level is also calculated. The real profit most of the time is actually taken from the trailing stop and with a breakeven point of 5.5pips. Base lot size is set to 0.01. Subsequent lot sizes are automatically calculated based on account equity and position of all open trades.


Features

  • A scalping EA that works best in M5.
  • It takes advantage of the ranging market that gives more accuracy.
  • You can use time filter on trading in case you don't want to trade at specific time. Broker's time is used in the filter.
  • You can choose day-of-week to trade.
  • Easy to set up.


Requirements

  • Symbols: EURUSD.
  • Timeframe: M5.
  • Maximum Leverage 1:500.
  • Minimum Leverage 1:200.
  • Fund deposit: Below $200o is risky. $2,000 or more is ideal fund to start.
  • Account type: non-ECN and ECN-ready.
  • Account currency: USD.
  • Can be used with any non-ECN broker.


Parameters

  • TargetAmount - Account Balance plus 10% (Less than 10% is safer).
  • CycleProfit - If a certain profit is reached at the Account Equity level, it will close all open trades to avoid too much reversal or drawdown.
  • Multiplier - default is 1.1. Setting to 1 makes it conservative. Higher than 1.1 is risky.
  • AllowedFreeMargin - default is 2,000. Lower is very risky. Higher is safer.
  • MaxRunningLoss - Running negative value of profit. When value is reached it will stop opening new trades.
  • iMagicNumber - Trades magic number.
  • BarsToCheck - Dynamic Zones strategy number of bars to check.
  • EntryPeriod - Number of bars to consider on one of the entry filter, Exponential Moving Average.
  • Conservative1 - Enables the filter to limit entry at the middle if Dynamic Zones.
  • Conservative2 - Set to 'true' to enable filter on Bar direction checking on H1, H4 and D1 timeframes.
  • Conservative3 - Set to 'true' to enable filter on Bar direction checking on W1 timeframe.
  • Conservative4 - Set to 'true' to enable filter on Bar direction checking on MN1 timeframe.
  • Conservative5 - Set to 'true' to enable filter on Reversing Bar direction checking on W1 timeframe.
  • Conservative6 - Set to 'true' to enable filter on Reversing Bar direction checking on MN1 timeframe.
  • EnvelopeIdea - Enables the filter using Envelope indicator.
  • ReverseTrade - Enable if you want reverse trade.
  • MaximumTrade - Maximum number of simultaneous open trades.
  • RSIob - Overbought checking using RSI.
  • RSIos - Oversold checking using RSI.
  • ProfitProtector - If trades are in the positive profit, this will ensure profit to be taken before reversing.
  • Trailing - Trailing stop.
  • Sure - Breakeven plus a certain number of pips to ensure profit.
    • -
  • Tail: Reversing bar tail length for checking.

Trading Days and Time

  • Sunday: default 'false' - It will not trade on Sunday.
  • Monday: default 'true' - It will trade on Monday.
  • Tuesday: default 'true' - It will trade on Tuesday.
  • Wednesday: default 'true' - It will trade on Wednesday.
  • Thursday: default 'false' - It will not trade on Thursday.
  • Friday: default 'true' - It will trade on Friday.
  • Saturday: default 'false' - It will not trade on Saturday.

Time Filter

  • UseTimeFilter: default 'false' - Set it to 'true' to trade specific hours on each day.


Recommendations

  • Use EURUSD M5 chart for better performance.
  • Use a dedicated low-spread (2.5pips and below).
Video Solomon Chest
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Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. The final price is 997$ * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with
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5 (7)
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XIRO Robot is a   professional trading system   created to operate on two of the most popular and liquid instruments on the market:  GBPUSD,  XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable
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Algorithmic Trading  based on Supply and Demand Principles.  Super High Quality Software that covers all trading styles Manual, Semi-Auto and Full-Auto. Now trading Becomes Effortless, offering full control over your trading strategy through a User-Friendly graphical Trading Panel. Through various settings and customization options, every trader can create a strategy that fits their own needs and personal trading style. It is offering limitless possibilities and this is the magic of this unique
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MQL TOOLS SL
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DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
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