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IPeurusd

The EA is recommended for trading EURUSD M5. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also has advanced features for managing news releases (for enabling news filter please add "http://ec.forexprostools.com" to webrequest list in mt5-terminal settings).


Parameters

  • StopAfterNews - a pause after the market news release, in minutes.
  • StopBeforeNews - a pause before the market news release, in minutes.
  • LightNewsEnabke - enable the pause for low-impact news.
  • MediumNewsEnable - enable the pause for medium-impact news.
  • HardNewsEnable - enable the pause for high-impact news.
  • GMT_Offset - your broker's time zone.
  • NewsCurrency - a comma separated list of currencies for which you want to receive news.
  • NewsLines - show time of news releases on a chart as lines.
  • VirtualSLandTP - enable virtual or real stop loss and take profit levels.
  • TakeProfitS - take profit for sell orders.
  • StopLossS - stop loss for sell orders.
  • TakeProfitL - take profit for buy orders.
  • StopLossL - stop loss for buy orders.
  • FixedLot - fixed lot size.
  • AutoMM - risk limit (as a percentage).
  • MaxSpread - maximum spread, above which the trading is suspended.
  • MagicNumber - any unique number that distinguishes this EA.
  • ENABLE_FRIDAY_PAUSE - enable or disable the trading pause on Fridays.
  • START_FRIDAY_PAUSE_HOUR - start hour for the trading pause on Friday.
  • END_FRIDAY_PAUSE_HOUR - end hour for the trading pause on Friday.
Reviews 7
Waldekm
639
Waldekm 2017.11.12 20:29 
 

Best of your EA - I think so

Chris Mukengeshayi
1706
Chris Mukengeshayi 2017.11.02 11:33 
 

The back test is good, is there any one who has made good profit on the live?

Now I need to test it on the demo forward

Sergey does the setting need to remain defaults?

Can it survive news? or I need to shut it down every time before the news?

can I let it run on VPS?

what is the proper spread, can it work with broker who offer spread of minimum of 18 on EURUSD, but everyday average spread varies between 19 to 22 or 24

--------------------------------------------------------------------------------

I see new version 1.4 is out! I still need to test it

nouvococo
588
nouvococo 2017.04.12 19:14 
 

Excellent results after one month! Very stable Ea and low dd so far with IC markets.

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Filter:
mayamak
1289
mayamak 2016.12.11 18:05 
 

EAs from Sergey are one of the best products on whole mql5 Market, 5 Stars is definitely not enough, he deserve for trophy - Best EA Developer :) IPeurusd is going crazy! Your EAs are holy grails. Perfect job. If in the future you will you develop more EAs like IPeurusd and IPgbpusd to other forex currencies I will be first to buy.

I'm using IPeurusd and IPgbpusd on 3 types of accounts and every made profit: LMAX (MTF) 1:100, ICMarkets (ECN) 1:500 and AdmiralMarkets (NDD) 1:100

results form ICMarkets: https://www.mql5.com/en/market/product/19262#!tab=comments&comment=3856968

edit: Tip for safe trading with this EA. To reduce risk and drawdown set AutoMM to some low value like 1 or max 4.

nouvococo
588
nouvococo 2017.04.12 19:14 
 

Excellent results after one month! Very stable Ea and low dd so far with IC markets.

Atep Novic
1063
Atep Novic 2017.09.09 10:21 
 

3 win smal loss 2 very big on real, on fortfs

Chris Mukengeshayi
1706
Chris Mukengeshayi 2017.11.02 11:33 
 

The back test is good, is there any one who has made good profit on the live?

Now I need to test it on the demo forward

Sergey does the setting need to remain defaults?

Can it survive news? or I need to shut it down every time before the news?

can I let it run on VPS?

what is the proper spread, can it work with broker who offer spread of minimum of 18 on EURUSD, but everyday average spread varies between 19 to 22 or 24

--------------------------------------------------------------------------------

I see new version 1.4 is out! I still need to test it

Waldekm
639
Waldekm 2017.11.12 20:29 
 

Best of your EA - I think so

Zhi Feng Guo
481
Zhi Feng Guo 2019.02.18 01:32 
 

User didn't leave any comment to the rating

Ricardo Pereira
744
Ricardo Pereira 2018.08.16 18:53 
 

I do not want to make negative comments, so I say: first test it on a demo account for several months. Then see the difference from the backtest. I tested it on a real account. :(

Reply to review
Version 1.10 2020.08.11
Updated algorithm.
Version 1.8 2018.12.19
Increased recovery factor.
Version 1.7 2018.12.09
Updated hedge system.
Version 1.6 2018.06.07
Fixed a bug that disabled the options for pausing the trading on Fridays.
Version 1.5 2018.05.29
Revised and improved the algorithms, added a more effective trailing.
Version 1.4 2017.11.02
Added and optimized the market entry and exit algorithms.
Increased the stability of the EA,
Added the ability to add a pause on Friday for a greater security of trading.
Version 1.3 2017.07.24
Added the news filter to improve trading security.
Version 1.2 2017.01.24
Expert Advisor parameters have been optimized for current market conditions. A new efficient trailing method has been added, which automatically adjusts the takeprofit and stoploss parameters.