• Overview
  • Reviews (6)
  • Comments (77)
  • What's new

Yellow Free

The free version of the Yellow multicurrency Expert Advisor works based on short-term changes in the trend, creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes. This achieves a very high probability of closing positions in profit.

Yellow Free is intended for trading any currency pair on the H1 timeframe.

Not martingale, not arbitrage.

It does not work on metals and symbols "beyond Forex" because of the specificity of used indicators.


You can evaluate my other products here: https://www.mql5.com/en/users/alcad83/seller


Parameters

  • EAMagic10 - EA's magic number.
  • StrategyBlock2 - can be set to true or false. If true, the EA uses the 2-nd block of strategies.
  • DD - maximum allowed drawdown.
  • CommentOfOrder - comment to orders. Can take any value.
  • TakeProfitInPoints - take profit in points.
  • TrailingStop - trailing stop in points.
  • LotMult2way - lot multiplier for the next opened position.
  • MaxPriceCorridor - value of the price corridor in points for Yellow Free to open positions.
  • PipsOfIncrement - expansion of the price corridor when exiting an unprofitable position.

Features of free version of Yellow EA:

  1. One of trading strategies blocks is disabled.
  2. Changing of trading lot is not available, the EA trades the 0.01 lot.
  3. The Stop Loss can not be set automatically.
  4. New positions will be opened only if there are no open positions on the trading account on other currency pairs.
  5. Option of automatic price corridor determination is disabled.

For the EURUSD pair, the recommended settings are set by default.

The settings for other currency pairs are provided in the testing screenshots.

Recommended broker - any 5-digit broker.

Christian
70
2018.01.26 20:41 
 

Thanks good job.

Evgeny Belyaev
44271
2017.11.16 22:37 
 

Very good EA. I used for 20 days and the result was very good and reliable.

Andrey Litvichenko
7568
2017.10.19 14:18 
 

Good Job

Mohammad Soubra
33402
2017.10.02 22:54 
 

User didn't leave any comment to the rating

Nidhal Chedly
2077
2017.09.27 08:35 
 

Thanks good job......

Deepak Verma
21
2017.09.24 12:27 
 

Yes Its safe.. Good Job

Version 2.0 - 2018.02.14
Code was optimized for slow servers.