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Rebate System

Rebate System performs a large number of trades with the minimum profit, which gives the opportunity to earn from receiving rebates (returning part of a spread).

It is based on two grids (buy and sell), when one of them is in a drawdown, the other one can enter with an increased lot size, keeping the account away from the drawdown.

It features a news filter, which prevents the possibility of getting into a trend without rollback caused by news releases.

The default parameters are for EURUSD and a minimum deposit of 3000 units of the base currency (cent for cent accounts, $ for classic accounts)


Input parameters

  • StopAfterTP – stop trading after closing all grids;
  • TF_FirstOrder – period for opening the first orders in the grid;
  • TF_SeriesOrder – period for opening averaging orders;
  • Lot – lot size;
  • Takeprofit – take profit;
  • StepNextOrder – the minimum allowed distance between grid orders;
  • LotMultiply – multiplier for the lot of the current open order of the grid;
  • MaxTrades – the maximum number of orders in the grid.

Break-even parameters

  • BE - number series – the number of order in the series after which the stop loss will be placed;
  • BE - start after point – the number of profit points after which the stop loss will be placed;
  • BE - distance point – distance from the breakeven of the series at which the stop loss will be placed.

Lock parameters

  • Lock - number series – the number of order in the series after which the opposite grid increases the lot for locking;
  • Lock - % lots grid – locking percentage, lot size as a percentage of the sum of the opposite grid;
  • Lock - max lot – the maximum lot size of the first locking order.

Other parameters

  • Slippage – slippage;
  • MagicNumberSell – identification number for sell orders;
  • MagicNumberBuy – identification number for buy orders;
  • UpdateSecond – timer for checking the placed take profits and stop losses.

Parameters of the news filter

  • News Filter – list for selecting the values
    • High – filter high-impact news;
    • High & Medium – filter high-impact and medium-impact news;
    • High, Medium & Low – filter news with any importance;
    • OFF – disable the news filter.
  • News before hour – the number of hours before the news release to stop trading
  • News after hour – the number of hours after the news release for the EA not to trade
  • News stop type - a list for selecting values
    • First order - not to open the first order, but continue the started grid
    • All grid - stop all deals in the news range

To use the news filter, it is necessary to add the following URL:

  • http://www.forexfactory.com
  • https://cdn-nfs.forexfactory.net
  • http://ec.forexprostools.com

to the list of allowed URL on the Expert Advisors tab.

Visualization parameters

  • Color_BE_buy – color of the breakeven level for buy orders;
  • Color_BE_buy – color of the breakeven level for buy orders;
Parameters are for four-digits quotes, they will be multiplied by 10 on five-digit instruments.
Reviews 16
Mikhail Ryzhachenko
662
Mikhail Ryzhachenko 2020.05.26 04:59 
 

Опасен, как и все мартингейлы, нужно уметь настраивать, лучше работать на центовых счетах с запасом депозита. Тестируйте на истории перед запуском. Смешная цена.

Valentin Matveev
86
Valentin Matveev 2019.12.04 18:30 
 

Купил. В первый день окупился. Пока уверенно идет в плюс

mgloki
50
mgloki 2019.09.02 04:21 
 

Very Good EA. I tried one month and this is effective result. And keep good sl. I like their sl management system. Great job.

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Live monitoring of the Wild Side  https://www.mql5.com/ru/signals/962021 Demo monitoring of the Wild Side  https://www.mql5.com/ru/signals/956622 To correctly determine the trading time, you need to specify the broker's winter GMT time. you can read how to do this in my post:  https://www.mql5.com/ru/blogs/post/743531 Wild Side is a fully automatic expert Advisor for trading on the night Forex market. It does not use martingale, grid, or other "toxic" methods. Each trade is accompanied by a s
149 USD
SIEA Pro MT4
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Daniel Stein
BUY & SAVE 750$   >>   2 copies left at this price Send a screenshot of your purchase, and you'll get   the set files for   SIEA ZEN   and   SIEA MAX .   So you'll have   3 SIEAs in 1. The keys to success   in trading Forex are discipline, patience and a clear edge, as we have with our unique real trading volume analysis. That's our experience of 10 years of trading Forex, and  all these key factors are summarized in the   S tein   Investments   E xpert   A dvisor ( SIEA ) series. SIEA PRO
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Torpedo Gold
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Antonis Michos
Big offer: only for 3 days ( till 18 /09/2021 ) from  195$   at   149$ Monitoring HERE If you have bought ANY of my Products then you are ELIGIBLE TO JOIN the Private group !!! TELEGRAM group: send me message to add you to our community PRIVATE GROUP(unfortunately there are a lot of scammers to public ones...) Torpedo Gold is my new NEURAL network project using advanced parameters for finding entries such as distances,Candle sizes,candles formations,break outs in an advanced w
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TripleHHH
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Adaptive Trend Hunter
Adaptive Trend Hunter
Andrii Holiev
Adaptive Trend Hunter Adaptive Trend Hunter is a professional fully automated Expert Advisor adapted for trading the most popular EURUSD currency pair on the H1 timeframe. It uses its own algorithms for recognizing stable trends, which are determined by 5 proprietary trend indicators, that you will not find on sale. The Adaptive Trend Hunter Expert Advisor is an intelligently advanced automated trading tool. The Expert Advisor is notable for its self-renewing algorithm when trading conditions
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GOLD EAgle mt4
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Evgenii Aksenov
The GOLD EAgle Expert Advisor is optimized for the XAUUSD pair (GOLD). This is a trend strategy. It uses the TrendLine PRO indicator and trades on the М5-Н1 timeframes, applying mathematical position averaging and automatic drawdown reduction by cross-closing the orders. Built-in HTF filters and the Candlestick Filter enable the optimal trading both in the automated mode and by opening orders from the trading panel. By using the Buy/Sell Zone function on the trading panel, traders can control th
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Market Reversal Alerts EA
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LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
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Xion
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Project V
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Promotional price: only   for the first  1  buyers -  $299 . next   price  $399 . A trading advisor that uses in its work a strategy based on trend and countertrend algorithms, built on the principles of a quantum set of algorithms. When using the standard operating mode, only 1 order is always opened. The order is opened at the beginning of each trading day. By default, no additional set files are required. Signal  Default :   EUR/USD Signal Martin:   EUR/USD Working parameters Currency
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Sodobe Scalper
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Nguyen Van Cho
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ATS Advisor
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RebateSystem
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The Expert Advisor tries to enter the market at the beginning of a trend. If the price moves in the unfavorable direction, the EA hedges the deal by placing an opposite order with a larger volume. The EA will change direction in the course of the trend until it is captured. The minimum distance for changing direction is specified by the Min Turn Step parameter, the actual distance can be longer and depends on the current volatility, it is controlled by the Mult Factor Next Orders parameter. The
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PairsTrading
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Evgenii Kuznetsov
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Rebate System Overlap
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Evgenii Kuznetsov
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Quiet Moon MT5
Quiet Moon MT5
Evgenii Kuznetsov
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Filter:
Natasha Diedericks
4485
Natasha Diedericks 2020.07.02 19:21 
 

Thanks. Will test it.

Mikhail Ryzhachenko
662
Mikhail Ryzhachenko 2020.05.26 04:59 
 

Опасен, как и все мартингейлы, нужно уметь настраивать, лучше работать на центовых счетах с запасом депозита. Тестируйте на истории перед запуском. Смешная цена.

Valentin Matveev
86
Valentin Matveev 2019.12.04 18:30 
 

Купил. В первый день окупился. Пока уверенно идет в плюс

sergio.carlos
23
sergio.carlos 2019.10.16 15:08 
 

which is the best setting for her to open many operations during the day.

On the first day I used only on EURUSD it opened only 17 operations.

mgloki
50
mgloki 2019.09.02 04:21 
 

Very Good EA. I tried one month and this is effective result. And keep good sl. I like their sl management system. Great job.

Bing Ke
38
Bing Ke 2018.08.18 07:16 
 

还有4个激活便宜卖 要的+薇 google918

Worapot Sommool
81
Worapot Sommool 2018.05.30 05:24 
 

EA gives very nice profits, I can get $10 back in 1 day :)

..update 30.05.2018:

- Pros: This EA perform well in ranging market, can make a lot of profits.

- Cons: consume a lot of equity in a strong speed trend market!!!

* feedback:: Good EA, make a good profit but need MM and big equity fro long term.

Juvenille Emperor Limited
18789
Eleni Anna Branou 2018.05.18 09:25 
 

Interesting idea, but its a grid.

Matthew Todorovski
13236
Matthew Todorovski 2018.04.30 15:20 
 

I reached maximum orders of 200 in my MT4 terminal: one buy with TP, multitude of sells with no TP.

What is the logic of this EA? Is it working properly? I am taking this off my Demo.

[vendor]: "Most likely your broker has established a huge freeze-level that does not allow to establish the take at the required level. I can only advise you to change the broker."

PEYRO R
532
PEYRO R 2018.03.06 18:00 
 

GOOD..JUST I WANT ASK ..does IT WORK good in which one of symbol ?

Ron David Klassen
874
Ron David Klassen 2017.12.13 22:06 
 

20.11.2017: The EA already made the money I paid for it.

27.11.2017: Parameter wish: DepoPer001Lot

13.12.2017: Another wish: Trail SL

gianpiero75
48
gianpiero75 2017.10.21 07:47 
 

Great work, in less than an hour, the system has already paid the minimum investment required...

RK99
2677
RK99 2017.07.14 18:21 
 

It's a profitable ea, what you need is control your lot size and have a good amount of capital. So far this is one of the best ea in MQL, value for money. The creator Evegnii provide great support. 5 Stars !!!

Michael
773
Michael 2017.06.30 09:00 
 

Running on live account since 4/4/17 Very happy so far. Consistent wins with no DD to speak of. Using small lot size. Will update

12/6/17 still doing well. Run during the british election and still made profit.

30/6/17 this ea is awesome. Still consistent results. There will be times of high down draw but the ea always recovers. So cheap at $10. It has better results than Ea that I have paid $600 for.

Yaotang Liu
1853
Yaotang Liu 2017.05.18 06:48 
 

This is a nice rebate strategy including news pause feature.

Great job!

Yuan Lin Nie
136
Yuan Lin Nie 2017.04.20 06:59 
 

怎么不开单啊?EA不工作

Reply to review
Version 1.6 2017.05.24
Added parameter:
News stop type

The parameter News hour range is replaced by:
News before hour
News after hour
Version 1.4 2017.03.22
Recompiled for new build