• Overview
  • Reviews (7)
  • Comments (26)
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Tradonator nextGen FREE

The Tradonator® nextGen! FREE

  • 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.

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 can be controlled by the setting parameters.

I think that backtests are more suitable for technical inspection of Experts as to assess their profitability, because the initial selected settings during a backtest, especially over a longer period, can not be changed. In reality, however, is the adjustment of parameters to changed market situations necessary and effective. To allow potentially interested traders a real test of my Expert here is now the Tradonator® nextGen! FREE!

 

Restrictions of the FREE Version:

  • trades only in H1 timeframe and a chart with the symbol AUDCAD (Find a broker with a favourable spread for this pair!)
  • trades only with 0.01 lot
  • no multichart, no changing of comments, therefore only usable as single instance

No restrictions and all features with the full version, see here: https://www.mql5.com/en/market/product/17504

  • The activity of the Expert can be individually controlled by the parameters TradingRangePoints and VolatilityMeasure.
  • 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 weekend.

More detailed information on my website or my youtube channel.


Settings

  • RiskLockDown=not available 
  • LotsFix=not available 
  • 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=4 - your tolerated spread
  • UseMultiChart=not available 
  • 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=not available
  • CommentStringHedge=not available
  • UseDebugOutput=false - extended information in log
Reviews 7
darbes
121
darbes 2017.05.08 03:20 
 

Works live perfectly. Well done. Now looking to buy it. JC

clemmo
241
clemmo 2016.10.21 22:16 
 

A very steady income earner. Wolfgang is extremely patient with questions and answers with every detail.

Frank B
1820
Frank B 2018.01.27 19:29 
 

Steady and safe profit. Friendly support

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The EA uses a reversal model, taking into account the nature of the movement of currency pairs to return to its trading range. The trading system is suitable for both experienced traders and beginners. The EA has protection against high spreads and allows you to trade with a fixed or automatic lot size. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Inputs Value New Cycle  —   when enabled, the
35 USD
Perfect Score
SERGEI RIEBIN
This robot enters the market at the opening of London Stock Exchange (LSE). It is based on short-term reversal patterns which use the tendency of FX prices to move toward their average value during the LSE session . The EA does not use indicators, grid, martingale, arbitrage. The trading system is suitable for both experienced traders and beginners. The EA includes protection against high spreads, and allows you to trade with a fixed or automatic lot size. Monitoring - most popular signal at MQL
1 499 USD
Magic Seven MT4
Ozkan Kara
Price: $995        This price is only for first 5 buyers ! Next Price: $1295   Magic Seven  is a fully automated  EURUSD Daily Trend System. Before London Trading Season, EURUSD movements are small and predictable. The system focuses only   Small and Steady Profits . The EA does not use grid, martingale, averaging  or other dangerous strategies.   It uses fixed stoploss for every position. I will always help you, please contact me ! General Strategy Definition Correct Open Time:    It opens
995 USD
QFX Team ROBOT
Salvatore Caligiuri
PROMO PRICE - 100$ COPIES AVAILABLE: 2 - NEXT PRICE: 200,00$ ONLY FOR NEXT 2 BUYERS ADDITIONAL GIFT: Royal Entry EA (MT4): click here to open product page  or Versus Yen EA (MT4): click here to open product page To request your gift send email at info@qfxteam.com QFX Team ROBOT  is sophisticated algorithm developed to catch fast movement on GBP pairs using a STRICT STOP LOSS based strategy. Our goal is to reduce risk and drawdown making profit with a lower percentage of winning
100 USD
R Factor EA
Raphael Minato
R FACTOR Expert Advisor with Proprietary Dynamic Portfolio Management System Special Release Offer!!   The first 10 customers  that purchase R Factor will be eligible to allocate its account on our private VPS to run R Factor Full Portfolio for  1 year, without any additional cost!  Our VPSs are accessed exclusively by our team where we run all R Factor strategies you can check on our signals page. After 4 years of development and almost 3 years of real positive results , we are finally conf
499 USD
Golden Ticket
Ramil Minniakhmetov
  Golden Ticket   works on the WPR indicator - which allows you to determine the oversold and overbought conditions of an asset and enters at possible reversal points. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Recommendations Recommend pairs EURUSD  Time Frame  M15  Recommend deposit  1000 usd or 1000 cents  Recommend settings   Default settings XAUUSD here Inputs Value New Cycle  —   whe
35 USD
MutantGrid
Evgeniy Zhdan
The Expert Advisor works on the principle of building small grids, from which one common (large) grid of orders can be formed. Lot increase occurs for each small grid separately. Closing orders - according to the total profit of all small grids: Profit in points (setting Profit points); Profit as a percentage of the deposit (setting Take profit percent), if the condition is met - open orders are more or equal than specified in the setting "How many orders to close a project by percentage?". Thi
380 USD
EA News
Konstantin Kotlov
EA News that includes multiple strategies for trading rapid price swings. It is designed to simplify the placement of pending orders at a specified distance from the price of price channel. The EA can trade both the price breakouts and rebounds. There are two trading modes: Automatic - the EA downloads the news from the site http://ec.forexprostools.com/. When it finds the symbol of the currency pair and the specified volatility of the news, it places pending orders several minutes before the re
39 USD
More from author
Tradonator nextGen
Wolfgang Kuebel
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
499 USD
Tradonator nextGen Lite
Wolfgang Kuebel
The Lite Version has limitations compared to the full version: 1. RsikLockDown mode with dynamic lot adjustment (moneymanagement) is deactivated and a maximum of 25 trades in each direction are possible at the same time. 2. The comment (works like a magic number) cannot be changed, therefore only one pair per account can be traded at the same time. ALL other functions correspond 1: 1 to the full version, see  https://www.mql5.com/de/market/product/17504
149 USD
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clemmo
241
clemmo 2016.10.21 22:16 
 

A very steady income earner. Wolfgang is extremely patient with questions and answers with every detail.

gimar
75
gimar 2016.11.16 14:07 
 

Pessimo !!!!!

Juvenille Emperor Limited
15393
Eleni Anna Branou 2017.02.14 22:13 
 

Nice.

darbes
121
darbes 2017.05.08 03:20 
 

Works live perfectly. Well done. Now looking to buy it. JC

Andrey Litvichenko
7658
Andrey Litvichenko 2017.10.25 10:42 
 

User didn't leave any comment to the rating

Frank B
1820
Frank B 2018.01.27 19:29 
 

Steady and safe profit. Friendly support

Matthew Todorovski
13295
Matthew Todorovski 2018.05.10 16:07 
 

User didn't leave any comment to the rating

Reply to review
Version 1.4 2016.10.21
Works now with broker extensions in the symbol name like AUDCADx and all others also...