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Tradonator nextGen

4

The Tradonator® nextGen!

  • trades not primarily on indicators or prices, but at the beginning of every new candle (controlled by Timeframe).
  • determines the trading direction due to the integrated indicator, which can measure trend and volatility.
  • creates a Sell- and a Buypool and manages them isolated.
  • calculates with every trade for each of the pools a previously defined profit target and closes the pool only with a total profit once this goal has been achieved.
  • basically works with any currency pair, any broker and in any timeframe. Theoretically, you could also trade indexes or commodities, if there would be no rollover.

The basic strategy is not trying to predict the market, but to use the back and forth and to be predominantly in the right direction on the road. It inevitably always an accompanying book loss, that could (and should) be controlled via the used lot size.

Keep it easy:

Trade a major forex pair on H1 timeframe with a minimum equity of 4000 $ and all will be fine! (alternatively on a cent account with 40000 cent)

The basic settings (for H1) stipulate the use of a risk lock down mode, which will effectively prevent to trade with too high lotsizes, in too short time frames or within too small ranges. This mode needs 4000 $ free equity per 0.01 lot, the H1 timeframe and a range from minimum 15 pips. You can switch it off, but you pay with a higher risk!

I recommend to keep RiskLockDown on true, at least until your look on the functioning of the Expert is clear!

  • The activity of the Expert can be individually controlled by the parameters TradingRangePoints and VolatilityMeasure.
  • By using the multi-chart strategy you can start aggressively in short time frames and automatically change to longer time frames and moderate settings while unfavorable course of trading.
  • The Expert can hide take profits from the Broker and manage them alone.
  • The Expert can automatically open a matching hedge position to neutralize the account.
  • The Expert can automatically start a Tradeout before the week end.

The Tradonator® nextGen! has shown stable results on live accounts for over 5 years now. More detailed information on my website or my youtube channel.


Key Settings

  • RiskLockDown=true - enforces moderate risk (0.01 Lot per 4000 Equity in a Range >= 15 in H1 Timeframe)
  • LotsFix=0.01 - max. 0.01 per 3000 Equity and Pair suggested (only relevant at RiskLockDown = false )
  • InitialTP=15 - takeprofit for the first 2 trades in every pool
  • PoolTargetPoints=15 - desired Takeprofit for the complete pool
  • VirtualProfits=false - takeprofit at the broker, should be allways hidden at timeframes <= M15
  • TrendTimeFrame=60 - timeframe which sends the signal (in minutes)
  • VolaMeasure=true - volatility measure on / off switch
  • TradingRangePoints=15 - range in pips, where is a maximum of 1 trade opened in every direction
  • MaxSpreadPoints=8 - your tolerated spread
  • UseMultiChart=false - multichart on / off switch
  • StartWithTradeCount=0 - this chart starts with trade No. x (in both directions)
  • EndWithTradeCount=5 - and ends with trade No. y (in both directions) - only relevant if UseMultiChart = true
  • UseAutoHedging=false - automatic hedging on / off switch
  • AutoHedgingValue=1000 - absolute ammount you accept as floating before hedging gets active
  • AutoHedgingSL=30 - stoploss hedgeposition in pips
  • HedgeBreakeven=20 - breakeven hedgeposition in pips
  • AutoTradeOut=true - autotradeout on / off switch
  • AutoTradeOutDay=4 - day of autotradeout start in metatrader counting (0= Sunday till 5= Friday, here Thursday)
  • AutoTradeOutHour=12 - time of starting Autotradeout
  • CommentString=nextgen - order comment, (has to be unique per instance and account)
  • CommentStringHedge=nextgenH - order comment hedge order, (has to be unique per instance and account)
Reviews 2
Frank Paetsch
6080
Frank Paetsch 2018.08.31 06:31 
 

Tolle Idee, Danke!

Der EA läuft jetzt eine Woche und hat Gewinn gemacht.

Frank B
1823
Frank B 2018.02.03 06:33 
 

.

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These are limited sales. We do not have a goal to attract a large number of customers, so the price of PriceTracker will constantly increase. $1700 - the price is frozen until January 24 - this is the last day for the current price $2600 - next price Friends! Someone is trying to draw attention to their products with all sorts of promotions, discounts, Black Fridays, etc., someone with super-profitable tests... I just show how the product works on real ECN accounts with real market conditions.
1 700 USD
Carousel Triple Correlation
Stanislau Siatsko
4.5 (2)
These are limited sales. We do not have a goal to attract a large number of customers, so the price of PriceTracker will constantly increase. $945 - the price is frozen   until January 17   - this is the last day for the current price $1700 - next price LIVE Signals:  https://www.mql5.com/en/signals/1102471 Attention: this is a multicurrency EA, which trades by several pairs from one chart!  Therefore, in order to avoid duplicate trades, it is necessary to attach EA only to one chart, ---> all
945 USD
Total P
Viktar Rudabelets
Total P - полностью автоматическая торговая система. Система использует в торговле основные закономерности рынка Форекс - возврат цены после резкого движения в любом направлении. Робот полностью оптимизирован и настроен на торговлю. Рекомендуемый Timeframe: M15 Рекомендуемый брокер: любой Рекомендуемая валютная пара: USDCHF Торговая система работает как на VPS так и на персональном компьютере пользователя. Максимально точные бэк-тесты и торговля на реальных счетах показывают высокий процент выпл
1 200 USD
Aura Black Edition
Stanislav Tomilov
5 (1)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money managment used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of multi
1 995 USD
GerFX Density Scalper
Exler Consulting GmbH
4.43 (7)
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
Aura Pro MT4
Stanislav Tomilov
5 (2)
Aura Pro is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter which value is used to control the learning process. By contrast, the values of other parameters (typically node weights) are learned. The same kind of machine learning model can require different constraints, weights or le
595 USD
New Generation EA MT4
Ismail Hakki Delibas
EA Description : This is a High-Frequency Trading EA. EA is supported by a strong signal finding algorithm. Most of the algorithms are smart and automatic. You need to adjust only 3 parameters to optimize the signal engine of the EA. Thus optimizing and using EA is very simple and easy. Supported Symbols and Timeframes : All timeframes and pairs are supported by EA. The best operation of EA is on all 28 Major and Cross Pairs of Forex. The best timeframes are M15,M30,H1 EA Inputs General O
1 000 USD
Draw a bow
INREXEA LIMITED
5 (3)
Price might change anytime Important: We upgrade at least one time per month and maintain high quality of using experience .  Please always keep the newest version . 80% from database analysis , 20% use brokers data , always do not rely on brokers data all the time . News filter added into DB / Will investigate impact news data Signals monitors :  Here Instruction/setup :  Here   MT5 version : Here Concept of DAB: DAB EA is a fully auto EA , no parameters need to be set , trading str
988 USD
Filter:
Frank Paetsch
6080
Frank Paetsch 2018.08.31 06:31 
 

Tolle Idee, Danke!

Der EA läuft jetzt eine Woche und hat Gewinn gemacht.

Frank B
1823
Frank B 2018.02.03 06:33 
 

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Reply to review
Version 1.7 2020.04.01
-code revision and some new options
-ESMA risk calculation updated
-close all winners button
Version 1.5 2016.08.30
Changes in Version 1.5:

- some visual embellishments in the notification area on the chart
- option to clean up the chart via button
- visual presentation of Bid and timeframe
- general code optimization