Market / MetaTrader 4 / Experts /

Tribal EA

69 USD

Demo downloaded: 780

Published: 23 January 2017

Current version: 1.54

Tribal EA

Experts
Roman Starostin
Roman Starostin
Forex Programmer at davinci-fx.com

Russia

6756
Hi! I am a Forex trader with over 12 years of experience. Mostly I am engaged in the study of new methods of trading in the foreign exchange market, as well as programming expert advisors and indicators.
Version: 1.54
Updated: 19 October 2019
Activations: 10

Tribal EA is the newest conservative trading Expert Advisor with a powerful order control filter, the development of which took the last six months.

The EA does not use martingale, averaging or similar risky techniques. It always uses stop loss, tale profit and order closure based on additional filters.

All appropriate settings are stored in the Expert Advisor code, so there is no need to download additional set files - you only need to attach the EA to recommended pairs. The settings are valid for GMT+2 brokers. If your broker's time differs, set the appropriate value of GMT Time Shift. You can also choose and use your settings (set UseAuthorSetFiles = fasle).

Test results: DOWNLOAD

Timeframe: M15
Trading pairs: AUDCAD, EURCHF, EURJPY, GBPAUD, GBPCAD, GBPUSD
Trading time: night hours
Leverage: 1:100 and above.

Recommendations

Deposit: $200 per 0.01 lot.
Spread: 2-3 at most
Broker trading time: GMT+2 DST

Parameters

All settings in points are given for 2-digit (JPY) and 4-digit quotes. Values are automatically multiplied by 10 for trading accounts with 3- and 5-digit quotes.

General settings:

UseAuthorSetFiles - use optimized properly tested unique sets. Set to false if you want to trade using your custom parameters.
Set Name - the name of the user created set file.
MagicNumber - a unique magic number.
Slippage - Slippage pips
Lots - default lot value.
Auto Risk % - risk value as the percent of deposit per trade. The parameter is ignored if Lots is set to true.
Raise Lot After SL (Multiplier) - multiplier for next order lot if last was closed in loss
Max Spread - the maximum allowable spread value, above which the EA will not open orders; in points.
Static Take Profit Pips.
Dynamic TP Channel Percent - take profit value as the percent of the channel width. Static TP is disable if the parameter is set to > 0.
Stop Loss - stop loss value in points
Hedging Orders - allow opening opposite orders when a signal appears.

Enter settings:

Bollinger Period - Bollinger Bands indicator period
Bollinger Deviation - the Deviation value of the Bollinger Bands indicator
Min Channel Width - the minimum distance between the lines of the channel Bollinger Bands
Filter Max Candle Size - maximum value of the previous candlestick, orders will not be opened if the candlestick was larger.
Pause After Stop Loss - stop trading for the specified number of minutes after a losing trade.

Trailing stop/Breakeven:

Trailling Start - the distance in points from the opening price to activate Trailing Stop.
Trailling Distance - distance of trailing stop from the current price.
Breakeven - the distance in points from the opening price to move the stop loss value to breakeven

EXIT SETTINGS

Time Filter (minutes) - closing trades after the passage of time in minutes
Min profit to exit - the minimum allowed profit in pips for closing by the time filter
Exit Distance - close the order if it crossed the opposite side of the BB channel.
Min profit to exit - the minimum allowed profit in pips for closing by BB channel filter
MA Period - the period of the Moving Average indicator to exit when you change its direction
Pips to close MA filter - the minimum allowed profit in pips for closing by the MA filter

Trade Time Filter:

TimeShift - broker's time shift. Can also be a negative value.
Start Trade Hour - EA trading start hour
End Trade Hour - EA trading end hour

Friday Stop Filter.

Friday: Stop Trade Hour - Hour when all new orders stoped to open at Friday. When -1 - filter off
Friday: Stop Trade Minute - Minutes when all new orders stoped to open at Friday. When -1 - filter off

Other Settings:

Show InfoPanel - show/hide information panel
Show Label on chart - display labels with information
Color InfoPanel - background color for the information panel
Logs Type - Show logs on the chart

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Convenient and intuitive understandable EA for modify breakeven for orders opened by user or other advisors with a indent. It is useful both for modifying single orders and for calculating the breakeven level of a group of orders or martingale grid. Expert Advisor can set both Take Profit and Stop Loss indented from the BU level in pips or percent of the deposit. There are three options for working with orders goals: Only calculating and displaying levels on a chart, modify specified goals, o

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Free informative Indicator-helper. It'll be usefull for traders who trade many symbols or using grid systems (Averaging or Martingale). Indicator counts drawdown as percent and currency separate. It has a number of settings: Count deposite drawdown according equity value and send e-mail or notifications to user if DD more than set; Sending e-mail when max open orders reached; Shows price and remaining pips amount before MarginCall on current chart and Account generally; Display summary trade lot

FREE

Now there is no need to check volatility on third-party websites in order to determine the average movement rage of a certain currency pair. The Truly Volatility indicator is designed for determining volatility for the specified period and is displayed in a separate window as a histogram and line. If attached to a chart with the Н1 timeframe, the indicator displays the average price movement for each hour (from 0 to 23) based on the history data. On the D1 timeframe it displays the average movem

FREE

The indicator takes screenshots of the active terminal chart. Available image saving options: At the opening of a new bar (candlestick) depending on the currently selected timeframe; After a certain time interval, e.g. every 10 minutes after indicator launch on a chart; When trade orders are opened/closed both by an Expert Advisor and manually; Each time when a user clicks the "Screeshot" button. Indicator Parameters Settings Screenshot time Start Time (hh:mm) - sets the start time of indicator

30 USD

Growth and Balance indicator designed to visually display the results of user's trading directly in the MT4 terminal without using external services and programs. After a long analysis, I came to conclusion that online resources for calculating the drawdown of trading accounts cannot reliably display the Equity that really was on traiding account in period before the system connect to these resources, therefore, the data for calculating income / drawdown isn't displayed correctly. Growth and Bal

35 USD

Каждый трейдер должен периодически проводить анализ результатов своей работы на валютном рынке, чтобы выявить сильные и слабые стороны своей системы. Для этого было бы не плохо видеть всю статистику в понятных глазу цифрах, желательно объединенных в табличную форму, чтобы оценка стала более детальной, была возможность узнать текущую доходность, просадку, профит фактор и многие другие характеристики. Существует множество серверов в интернете, которые могут создать мониторинг вашей торговли, обр

35 USD

Night Hawk MT5 is the updated version of the Night Hawk Expert Advisor, ported from MT4 to MT5. The trading logic was not changed: the strategy, entries, exits, grid model, and work with prepared set files remain the same. This is a second version of the EA for users who want to use Night Hawk in the MetaTrader 5 terminal. The Expert Advisor trades during the Asian session and uses signals from the CCI and Bollinger Bands indicators to find entry points. If the price temporarily moves against

199 USD

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682

Pavel Naimushin 2019.08.24 19:10 #

User didn't leave any comment to the rating

193

Gianmaria Panfili 2019.05.02 11:08 #

To me, the EA seems a "simpler" version of Night Hawk. I started to use it on 25th April on 6 pairs, as recommended, and till now it opened only 1 trade (according to back-testing it should make 8-9 per week).

I rented it for trying but it's so slow that, at this rate, i doubt i will take my rent back at the end of the month (i'm risking 1% per pair with a balance of more than 2k eur). I give a neutral 3 stars for now, hoping to increase them if situation will change at the end of my rent period

###Update 22 May 2019

My rent period is about to finish and i can share some results. By and large, during the month of may, the EA opened a total of 8 trades on my account. Despite all the trades have been in profit, i decided to remove it due its slowness. Too much for my trading taste.

247

Lixiao Wu 2017.11.14 06:53 #

hi, I purchased this EA, the Trading pairs is: AUDCAD, EURCHF, EURJPY, GBPAUD, GBPCAD, GBPUSD , But I saw the signal you provided and it traded: AUDCAD, EURCHF, EURJPY, GBPAUD, GBPCAD, GBPUSD, AUDUSD , CADJPY , USDCAD in the history, should I trade these 9 pairs too?

Tribal EA

Roman Starostin

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