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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).
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Salavat Yulamanov
5 (1)
Experts
Trade only from support and resistance levels. Filters are used on proprietary indicators. A grid of orders with partial closing of orders is included!   Signals                               https://www.mql5.com/ru/signals/1776144?source=Site +Profile+Seller   Currency pairs: EURGBP, GBPUSD, EURUSD, USDCAD, EURCAD, use minimum lot For rollback currency pairs, you can use an increased lot of AUDCAD, AUDNZD, NZDCAD. Timeframe: M15 Settings   Lots=0.01 Fix lot   LotsMartinp= 1 Lot
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Aleksandr Chebotaev
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Eduard Nagayev
4 (1)
Experts
CyberVision EA is a technology I developed during my undergraduate studies. CyberVision EA is not just an advisor, it is a high-speed computing machine that can generate historical data. CyberVision EA is not just an EA, it is a high-speed computing machine that works with recurrent neural network (RNN) and generative adversarial network (GAN), and my EA also uses data quantization. Live Signal High:  https://www.mql5.com/ru/signals/2221931 Live Signal:  https://www.mql5.com/en/signals/2218278 C
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4.77 (53)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Clinton Keenan Obinna Butler
5 (1)
Experts
The Pipsurfer EA is a high level trend trading grid system designed to look for higher lows in an uptrend and lower highs in a down trend. It has the capabilities to be used on multiple different forex pairs at the same time and will pick the best entries out of the trading criteria among the pairs to enter trades with.  The Pipsurfer EA Comes with many features to ensure a smooth trading experience. Prebuilt settings package for easy set up for each tier of forex pairs. Each pair falls into a d
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Sergey Batudayev
Experts
Welcome to the world of innovative and efficient gold trading with GoldPro - an advanced trading robot specifically designed to help you achieve success in the Gold market. The advisor uses the averaging technique, you should perceive this not as good or bad, but as an approach that works in the market, discarding the unipolar belief that one method is good and the other is bad, it exists and can be successfully applied, this is a fact. Reliability and Experience: GoldPro is the result of c
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2.55 (11)
Experts
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Joel Protusada
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T I P T O P   P R E M I U M    Tiptop is an Expert Advisor that runs its own proprietary analysis & algorithm. No indicator is used to analyze the entry point. It based it only with each price bar movement & closing price. Same logic w/ Volatility Watcher. For the exit plan, it uses the proprietary Sequence Method & implement the cutlosses-let-profit-run strategy. You will be surprised that at the closing of all trades, almost most of them are having a positive profit and almost
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Version 3.0 2020.05.14
This version is now a multi-pairs version. You just need to run it attach it in a chart. Recommended timeframe is from M15 to H1. M15 is the most aggressive. H1 is conservative. You just have to choose 1 timeframe.

Set the parameter "Multipairs" for the EA to use the 28 currency common pairs.