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Pirate

This Expert Advisor trades during a small market volatility. It tracks the price levels, then opens positions and manages them until they are closed with a profit or a small loss. You can limit the number of opened positions. Only one position can be opened on a bar.

It does not use strategies like martingale, position averaging, loss overstaying, etc.

All positions are opened with fixed Take Profit and Stop Loss levels.

It is possible to use a dynamic lot to increase the volume of positions during a successful trading.

The main currency pairs: CHFJPY, EURCHF, USDCAD, EURAUD, USDCHF.

It is recommended to use accounts with five-digit quotes and moderate spread.


Parameters

  • MONEY_MANAGEMENT - use dynamic lot
  • RISK - risk as a percentage of account free margin
  • ORIGINAL_LOT - fixed lot if MONEY_MANAGEMENT=false
  • ORDERS_BUY - the number of Buy positions opened at a time
  • ORDERS_SELL - the number of Sell positions opened at a time
  • TAKE_PROFIT - take profit value
  • STOP_LOSS - stop loss value
  • MAX_SPREAD_OPEN - the maximum allowable spread for opening positions
  • START_TRADING - hour to start trading
  • STOP_TRADING - hour to stop trading
  • NOT_TRADE_NEWS - trade using the news filter
  • INDENT_AFTER_NEWS_MINUTES - the filter is activated the specified number of minutes before a news release
  • INDENT_BEFORE_NEWS_MINUTES - the filter is disabled after the specified number of minutes after a news release
  • ENABLE_LIGHT_NEWS - normal news
  • ENABLE_MEDIUM_NEWS - average importance news
  • ENABLE_HARD_NEWS - important news
  • YOUR_TIME_ZONE,_GMT_(FOR_EWSN) - GMT time zone of the terminal
  • CURRENCY_TO_DISPLAY_THE_NEWS - the currency of news to display (if empty, then the current pair will be used)
  • DRAW_ONLY_THE_FUTURE_OF_NEWS_LINE - only show lines of future news releases
  • SIGNALS_ON_THE_UPCOMING_NEWS - notify of upcoming news
  • MARKET_WATCH - market execution
  • FILTER_TRIPLE_SWAP - triple swap filter (do not trade from Wednesday to Thursday)
  • CLOSING_TIME_SIMPLE - if the trading time is over and there is a position, the function will try to close them with a breakeven or with a small loss
  • MAGIC_NUMBER - magic number of positions
  • SLIPPAGE - price slippage
  • USE_VIRTUAL_TP_SL - use virtual Take Profit and Stop Loss (lines are drawn only if there is 1 position in the trading direction)
  • DISPLAY_TABLE - display a panel with information on trading account and currency pair
  • USE_A_SOUND - use sound signals

*** For a proper operation of the news filter:

Open: Tools/Options/Expert Advisors

Enable WebRequest for the following URLs, add http://ec.forexprostools.com/?columns=exc_currency,exc_importance&importance=1,2,3&calType=week&timeZone=15&lang=1

Matthias S
250
Matthias S 2018.05.23 08:09 
 

I am using this EA now since Version 1 on a real account (IC Marcets). During last year I ordered a lot of EAs (most of them are on page 1 at mql5), but i am using now only 3 of them. Pirate is one of the EAs that really makes Profit for me. As every EA it has bad days, but after all the last changes Anatoly did, it gives a very stable return. Good job! Thanks

Nurettin Kilincarslan
508
Nurettin Kilincarslan 2018.05.22 06:58 
 

waste, I said it before crashing... only scam and waste products on this platform !

Yevgeniy13
43
Yevgeniy13 2018.05.21 13:17 
 

Цена за данный советник завышена, последняя модификация имеет новостной фильтр, что радует, однако также бывают большие убытки, что впрочем сглаживается на дистанции, т.к. стратегия заложенная в советник похожа на стратегию пережидания убытка, делайте вывод сами средний Take Profit 4 при среднем Stop Lose 40.

Aravind
2812
Aravind 2018.05.20 09:00 
 

Good EA. Thank you Anatoliy Lukanin.

plu100
776
plu100 2018.05.17 17:40 
 

User didn't leave any comment to the rating

Wilson Chandra
909
Wilson Chandra 2018.05.15 09:04 
 

I have been running this EA for two months and still running in profit. Great.

Wolfgang Heinrich
1088
Wolfgang Heinrich 2018.05.11 20:08 
 

One of the best expert advisors.

Excellent results - with all brokers (ICM-ALPARI-GBE-AAAFX-JFD-FXCC-AVATrade-FXChoice-FXOpen)

Do not worry about losing money that it's not a martingale or grid system.

I can only thank you for this excellent work.

Martin Metzler
234
Martin Metzler 2018.05.10 20:14 
 

Very good EA with stable results in the first week of testing. The results are also consistently to different accounts and brokers.

99,9% Backtests promising also stable results during different market situations over long term.

Thumbs up!!!!!!

To highlight is the outstanding support of Anatoliy. He is every time very helpful and reply PMs very quickly.

----------

Update: still thumbs up - Anatoliy is doing a great job and after the last update (Newsfilter, Swap Filter and limitation of trading time) the EA works well

Martin Volk
437
Martin Volk 2018.05.09 01:32 
 

Update: Since author has implemented the news filter it's constantly profitable if you stick to his set files and Alpari as a broker. Can't say if it works with other brokers.

superskunk
19
superskunk 2018.04.06 20:39 
 

Nueva versión, bastantes mejoras, tiene bastante potencial y sobretodo Anatoliy siempre esta dando soporte!.

bretlee83
196
bretlee83 2018.03.25 13:35 
 

Hello @ all,

after using that EA in live Forex Market, i can say he is worth it. The only thing is that trades startet in news time they go wrong. So i disable the EA in the Pairs at news Time.

You Can see my last Statement at Page 19. I use only 0.5 - 0.7 Risk at 8 Pairs !!!

Thank you Anatoliy

sonylsh
415
sonylsh 2018.03.07 10:25 
 

Half the money, but hope is getting better.

Olena Lif
36
Olena Lif 2018.03.05 01:50 
 

Это лучший советник! Низкая просадка и высокая доходность, трейдинг без стрессов.

Возможно, Грааль уже найден ;)

Спасибо, Анатолий!

OceanicEstate
69
OceanicEstate 2018.03.02 19:55 
 

Proven to be effective in any market condition. Utilizes stop loss for safe long-term trading.

xiajiantao
265
xiajiantao 2018.02.22 13:15 
 

very good ea,

非常好的ea

风险低,回报高

Tamer Mohamed
260
Tamer Mohamed 2018.02.22 09:37 
 

So far so good, great support from Anatoliy. the back test looks very good and the real result as well. Will update my result after awhile.

Version 2.2 - 2018.06.15
The MARKET_WATCH variable has been added to the settings.
If set to TRUE, a position is opened first, STOP_LOSS and TAKE_PROFIT are set on the next tick.
If set to FALSE, a position if opened with preset STOP_LOSS and TAKE_PROFIT values.
Version 2.1 - 2018.05.22
Fixed opening positions by time.
After changing the part of the function, trading start and end time match the specified time by hours and minutes.
The minutes worked incorrectly before that.
Version 2.0 - 2018.04.27
Added news filter.
Version 1.22 - 2018.04.18
removed variables:
TAKE_PROFIT_CLOSE
USE_PROFIT_LINE

added variable:
CLOSING_TIME_SIMPLE
Version 1.21 - 2018.03.30
Minor changes in the code.
Fixed the graphic display of the banner.
Version 1.20 - 2018.03.28
Parameters
MONEY_MANAGEMENT - use dynamic lot
RISK - risk as a percentage of account free margin
ORIGINAL_LOT - fixed lot if MONEY_MANAGEMENT=false
ORDERS_BUY - the number of Buy positions opened at a time
ORDERS_SELL - the number of Sell positions opened at a time
TAKE_PROFIT_CLOSE - profit to close positions
STOP_LOSS - stop loss value
TAKE_PROFIT - take profit value
MAX_SPREAD_OPEN - the maximum allowable spread for opening positions
MAGIC_NUMBER - magic number of positions
START_TRADING - hour to start trading
STOP_TRADING - hour to stop trading
SLIPPAGE - price slippage
USE_VIRTUAL_TP_SL - use virtual Take Profit and Stop Loss (drawn only if there is 1 position in the trading direction)
DISPLAY_TABLE - display a panel with information on trading account and currency pair
USE_PROFIT_LINE - draw the position closing line (drawn only if there is 1 position in the trading direction)
USE_A_SOUND - use sound signals

Version 1.10 - 2018.03.01
Added the info banner.

Variable: DISPLAY_TABLE