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Illusion

3.67

The Illusion EA uses the probability theory - after a series of consecutive virtual losses - i.e. right during a flat the EA already starts trading in the trend. In addition, the EA considers the ratio of bullish/bearish candles on the higher timeframes to determine the greatest probability of the price movement direction.

Only 1 order can be opened at a time. In case of a loss the following order will be placed with an increased lot (the multiplication coefficient is set in the parameters).

The EA can simultaneously work on multiple charts of different trading instruments or different timeframes of one currency pair. If a trader wishes to operate on a single trading instrument but on different timeframes, - set unique Magic numbers for each chart in the EA settings. Simply put - change magic numbers for each chart.

By default the EA is configured for trading EURUSD M30.

The recommended minimum deposit to start working is - 1000 for the initial lot of 0.01.

The main external parameters affecting the Profit factor:

  • The number of consecutive unprofitable orders - the greater the number, the more accurate the entry;
  • Take profit - Decrease the value for the smaller timeframes and increase it for the higher timeframes;
  • Stop loss - the same as with Take profit.

To avoid mistakes when trading on cent accounts, the EA does not automatically adjust to 4- and 5-digit quotes. Therefore, for 4-digit quotes the Take profit and Stop loss parameters must be divided by 10. For example, the default Take profit is 750 points (for 5-digits). So, for 4-digits, 750 must be divided by 10 = 75. The value 75 must be entered in the Take profit field.

For 5-digit quotes these steps are not required.

Settings

  • Count real virtual trade - the number of unprofitable virtual orders in a row;
  • Trading Start Lot - the initial trading lot;
  • Multiplier - order multiplier, if the previous was closed in a loss;
  • Take Profit - Take profit;
  • Stop Loss - Stop loss;
  • Magic Number - the magic number for the EA to distinguish its orders.
  • ShowInfoPanel - display the information panel.
Reviews 3
Zhuo Hu
275
Zhuo Hu 2023.03.25 12:41 
 

Very honest seller, good friend of Russia

Sergey Demin
10867
Sergey Demin 2020.04.22 08:05 
 

Простая, но понимаемая идея. Сам регулирую степень риска.

Отличное, как всегда, воплощение со стороны Автора. Спасибо, прекрасная работа!

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The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
Harmony Drive MT4
Marek Stanislaw Zygala
Harmony Drive is a sophisticated system operating on a carefully selected basket of the following symbols: USDJPY, AUDCAD, CHFJPY, AUDUSD, USDCHF and NZDUSD. These pairs were strategically chosen for their diverse characteristics and market behaviors: Major pairs like USDJPY and USDCHF offer high liquidity and tight spreads, ideal for frequent trading Commodity-linked pairs such as AUDUSD and NZDUSD provide exposure to resource-rich economies, offering unique trading opportunities Cross pairs l
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3.67 (6)
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The indicator determines the support/resistance lines on three timeframes simultaneously: one TF smaller; current TF; one TF higher. In addition to the support/resistance lines, the indicator identifies the reversal points (wave peaks): red dots - peaks on the smallest timeframe; yellow points - peaks on the current timeframe. Support: https://www.mql5.com/en/channels/TrendHunter Parameters Show trend line - show the main trend line. Main Trend Line Color - color of the trend line. Show trend te
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Evgeniy Zhdan
The Expert Advisor has been specifically developed for trading gold (Spot Gold). The strategy is based on Fibo levels calculated from the previous (first) candle High/Low and the width of the current and lower timeframes channel. If important Fibo levels of different orders are located in a single price channel (within a spread), the EA defines this channel as the target for price movement and starts operation. Martingale and averaging are not used. Each order is independent and is accompanied b
Jazz
Evgeniy Zhdan
The algorithm of this Expert Advisor determines the significant price levels, where the trend often turns into a flat or reverses. Stochastic Oscillator serves as an additional filter of overbought/oversold zones. The EA sets stop loss and take profit after opening an order. The underlying trailing strategy applies a trailing stop. The EA is recommended for simultaneously use on three trading instruments: EURUSD M5, GBPUSD M5, EURCHF M5. Settings: Comment to order - comment to orders. MaxRisk -
Panther
Evgeniy Zhdan
The Expert Advisor looks for technical analysis patterns formed on the higher (hourly) timeframe to start working on the 5-minute chart. Technical analysis patterns used: double top/double bottom, head/shoulders, flag, expanding/narrowing triangles. The Relative Vigor Index technical indicator is used as the filter for opening deals. It is based on the idea that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. This
Spook
Evgeniy Zhdan
The Expert Advisor calculates the divergence on the current and higher timeframes. In case the divergences coincide, the EA starts its operation. Deals have strict take profit and stop loss levels. Each deal is managed by trailing stop. The strategy involves the use of a tight stop-loss. Therefore, losing deals and/or series of losing deals are not uncommon. This EA is not suitable for those who have difficulties coping with losing deals. The EA is recommended for simultaneous use on the followi
Grand
Evgeniy Zhdan
The Expert Advisor has been developed specifically for the features of the CHFJPY currency pair. The EA's algorithm determines the direction of the current trend and starts operation. In case of a price reversal within the current trend, the EA adds additional orders. If trend changes, the EA starts to work in the direction contrary to the initial grid of orders. If there were no conditions for closing orders and the trend direction changed again, the EA continues to work with the "first" grid o
Intensive
Evgeniy Zhdan
The Expert Advisor algorithm determines on daily charts those candlestick patterns, which set the intraday trading direction. The trading EA determines how long the price is moving in overbought/oversold zones and starts working in the direction of the expected trend movement. Each position is accompanied with a tight stop loss and take profit. Only one active position can be open in the market. The EA was developed and tested using 99% quality quotes. The Expert Advisor has a built-in news filt
Slender
Evgeniy Zhdan
The strategy of this Expert Advisor is based on a hedging system, which implies placing opposite orders. The EA algorithm determines trend beginning and opens a position in the trend direction. In case of a wrong entry, the EA tries to neutralize the drawdown through opposite (hedging) orders at a preset interval (Coefficient of counter orders). Orders are closed when one of the two values ​​is reached - profit in percent or profit in points. The EA does not use lot increase. The EA wast tested
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Zhuo Hu
275
Zhuo Hu 2023.03.25 12:41 
 

Very honest seller, good friend of Russia

Evgeniy Zhdan
23675
Reply from developer Evgeniy Zhdan 2023.03.25 22:31
Thanks, dear friend
Amedeo Trubbiani
510
Amedeo Trubbiani 2022.06.18 12:54 
 

Demo tester OK, good work. Really work, tester on it, 30% of loss. Time of verification 1/1-17/6/2022. Without chage anything from the default parametres on the EA. Changed the size of SL and TP, same result. Seller has maded yesterday an update, i hope this will change the situation. Please tell me where and as i can make the "update". Must i delete the first installation and remake it? Thanks for the reply and thanks for your attentions!

Evgeniy Zhdan
23675
Reply from developer Evgeniy Zhdan 2022.06.18 13:54
Hello! There you should have had an Update button. Thanks for the 1-star review (
Sergey Demin
10867
Sergey Demin 2020.04.22 08:05 
 

Простая, но понимаемая идея. Сам регулирую степень риска.

Отличное, как всегда, воплощение со стороны Автора. Спасибо, прекрасная работа!

Reply to review
Version 3.0 2022.06.17
Improved operation algorithm
Version 2.0 2020.04.23
Adaptation