Yellow

4.09

The fully automated Yellow EA works on short-term trend changes 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.


Version of Yellow Expert Advisor for MetaTrader5.


The strategy is simple, but effective.

Presence of a sufficient number of parameters allows trader to customize the advisor in accordance with his trading style.



StopLoss can be optionally set in parameters by user.

FIFO compatible, if parameter ClosePreviousPositions=true.



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

Not martingale, not arbitrage.



Parameters

  • EAMagic - the magic number of the EA. Must have different values for every chart.
  • AutoLot - can be set to "true" or "false". If "true", the EA selects the initial lot size for trading depending on the balance value.
  • Lots - initial lot size is set by a user, if the value of AutoLot is false.
  • Risk - percentage of the deposit used for the automatic calculation of the lot.
  • MaxLotSize -maximal allowed trading lot. Change this parameter only if you really understand what you're doing.
  • DD - maximum allowed drawdown. If reached, all positions on the symbol will be closed. To continue trading on that symbol its EAMagic parameter must be changed.
  • CommentOfOrder - comment to orders. Can take any value.
  • TakeProfitInPoints - take profit in points.
  • StopLoss - stop loss value in points. If StopLoss=0, stop loss is not used in trading.
  • TrailingStop - trailing stop in points.
  • ZeroPositions - if "true", the EA opens positions only if there are no other open positions on the trading account.
  • LotMult2way - lot multiplier for the next opened position.
  • AutoPriceCorridor - if "true", the EA automatically determines the MaxPriceCorridor parameter.
  • MaxPriceCorridor - value of the price corridor in points for Yellow to open positions, if AutoPriceCorridor=false.
  • MaxSpread - the maximum spread size, at which the robot will open positions.
  • PipsOfIncrement - expansion of the price corridor when exiting an unprofitable position.
  • ClosePreviousPositions - if "true", the EA closes previous positions on the same currency pair before opening new positions and ignores the StopLoss parameter.
  • TradeOnFridays - if "true", the EA will open trades on fridays.
  • SaveDeposit - if "true", the EA will close order series with minimal profit regardless of TakeProfitInPoints parameter.
  • SafeMode - if "false", built in trend filter will be turned OFF. In that case it's recommended to use TrailingStop.
  • Old_Style_M5_Trading - if "true", the EA will be able to trade on M5 timeframe like previous versions.
  • QuotesMult - multiplier for parameters, depending on the number of digits in symbol's quotes. For 5 digits in EURUSD quotes, for example, the value of this parameter should be 10. For 4 digits in EURUSD quotes, the value of this parameter should be 1. For metals and other instruments the value of this parameter must be selected individually for your broker.
  • Autotrading - if the value is "true", the robot will work in fully automatic mode.
  • ShowTradingPanel - if the value is "true", it will be possible to open positions manually.

Recommended broker - any.

Minimal recommended deposit - $300 for cent account (30000 cents) and lot 0.1. Account leverage - from 1:400 and higher.

Important! If there are open positions on your trading account, do not interfere with the Expert Advisor! The consequences can be unpredictable!

If you want to test the Expert Advisor in the Strategy Tester, do it only in "Every tick" mode!

For the correct operation of the EA, the currency pair history for the H1 and D1 timeframe should be downloaded to the terminal.

Parameters are set as for 4-digits servers. They will be automatically recalculated for 5-digits servers.

Once a month it's recommended to check that account history (history of previous trades) is downloaded to MT4 terminal. It's important.



Reviews 26
nzubair
19
nzubair 2020.03.28 16:22 
 

I've been using the paid version of Yellow for the last one month plus. I am glad to report that I was able to almost double my account with a bit of money and risk management. This is a "big deal". Considering I've been a self-taught, amateur Forex trader for a number of years now and for me to say this and experience this with any "system" is a big deal. Also - getting direct one-on-one support from the author is a rare feeling in this work space - where the quick are the dead. So my humble thanks to the author, Evgeniy. Thanks for the robot and the support. Stay safe in these time.

Andreas Grimm
281
Andreas Grimm 2020.02.27 20:34 
 

Danke für den dollen EA, kann ich nur weiter Empfehlen, die Strategie ist super.

Und Danke noch mal für die schnelle Hilfe, das war Top!

Po Yuan Chen
1784
Po Yuan Chen 2020.01.18 15:18 
 

Very stable profit! The author is always there to give good support! I believe the strategies are safer than most Martingale/Grid EAs in the market

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EA 22 Pairs – MultiPair Averaging + Hedge System (Smart Directional Extended) PROMO LAUNCH — 5 Star Reviewers Wanted! Lifetime 6_Month Price. Limited Quota. Act Fast! Lifetime access only +1 cent from the 6-month price — secure permanent ownership at an unbeatable introductory rate before it reverts to full lifetime value! Version: Perfected Interactive UI - MT4 (Patched) Developer: CyberBot Project P R E P A R A T II O N Is Trading Just Another Form of Gambling? At it
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Vortex Turbo — “Trade the storm — control the Vortex” Vortex Turbo represents the next evolutionary stage in intelligent trading — a unique development that merges cutting-edge AI architecture, adaptive market logic, and precise risk control. Built upon proven algorithmic principles, it integrates multiple strategies into a unified high-speed ecosystem powered by a new level of predictive intelligence. Designed as a scalping expert for gold XAUUSD(GOLD), Vortex Turbo employs a controlled martin
Monopolist
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Professional automatic advisor with high performance. The advisor has preset settings, trades automatically calculated or fixed lot. You can use default settings or use your preferences. The Monopolist expert uses the author's, multi-component algorithm for fast processing of market data in real time, to open short-term transactions on dynamic instruments with a small spread. The advisor's strategy is based on price action, transactions are opened with a minimum waiting time for a decision, whic
Apache MHL Moving Average
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WINTER SALE — FINAL DAYS! Get Forex Diamond EA with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO  A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Forex Diamond EA – Relia
Pingo AI
Anastasiya Morozova
Pingo Pingo is a fully automated trading robot designed for stable and secure trading in the forex market. The advisor is designed with an emphasis on strict risk control and the absence of dangerous strategies such as martingale, grids, or averaging. MT5 Version:  https://www.mql5.com/ru/market/product/155602 How it works Pingo analyzes price patterns and short-term market dynamics using intelligent volatility filters. The robot identifies impulse and correction zones to enter the market with
Aussie Loonie EA MT4
MQL TOOLS SL
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Aussie Loonie EA is a professional trading system developed exclusively for the   AUDCAD   currency pair. This cross pair is widely recognized for its stable and technical behavior, which makes it particularly attractive for traders who prefer structured and predictable market conditions rather than extreme volatility and sudden price spikes. By focusing solely on AUDCAD, the system is able to   adapt precisely   to the specific characteristics, rhythm and movement patterns of this pair. The EA
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The new Forex indicator Turn Indi is an assistant to traders who prefer to trade “manually.” The accuracy of the signals of this indicator reaches 85-90%, which makes it an indispensable tool for intraday trading. Turn Indi finds possible points of change in the market trend by correlating several built-in filters and price movements, and this makes it possible to trade both on the trend and on the corrections of the main movement. This indicator constantly interacts with a trader, instantly rea
Point61 Indicator
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The Point61 indicator is the result of many years of monitoring of price behavior of currency pairs and metals. It is not a secret, that in times of uncertainty, traders are looking for possible levels of support and resistance - the point, where price should stop its movement. There are 2 possible scenarios at these points: 1. Reverse (correction) to the opposite direction; 2. Breakthrough to continue movement. Very often these points are used to set stop orders - TakeProfit or StopLoss
The SD Indicator is a powerful tool in the world of Forex trading, that combines two classical strategies: Support/Resistance levels and Supply/Demand zones. The indicator helps traders to identify potential trading opportunities in the market with high accuracy. Support and resistance levels are key price levels where buying and selling pressure converge, leading to potential price reversals. The SD Indicator identifies these levels in real-time and provides traders with a clear picture of whe
Regal Spear MT4
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Starting price - $200. Every week the price will change depending on the results of trading on a real account. The Group5 robot is a representative of neural network automatic trading systems. Outdated techniques for creating trading algorithms, when the authors manually searched for and fixed patterns of price behavior in the Forex market, are gradually becoming the past, and now this process is becoming increasingly automated. The trading robot itself finds patterns in price behavior, evaluat
Extended version for MetaTrader5 of famous Yellow Expert Advisor . The fully automated Yellow MT5 Hedge EA works on short-term trend changes creating the price channel set in the parameters. Trading is carried out at the external borders of this channel by opening positions in different directions with different lot sizes. The strategy is simple, but effective. With adequate money management, the probability of stable earnings is very high. Presence of a sufficient number of parameters allows
The SD Indicator is a powerful tool in the world of Forex trading, that combines two classical strategies: Support/Resistance levels and Supply/Demand zones. The indicator helps traders to identify potential trading opportunities in the market with high accuracy. Support and resistance levels are key price levels where buying and selling pressure converge, leading to potential price reversals. The SD Indicator identifies these levels in real-time and provides traders with a clear picture of whe
Regal Spear MT5
Evgeniy Machok
Starting price - $200. Every week the price will change depending on the results of trading on a real account. Fully automatic trading robot Regal Spear is the result of many years of monitoring the behavior of the market. Analyzing the received data, I came to the conclusion that it is necessary to give all the available information to some automatic system, which will estimate a possibility of market entering at one moment of time or another by itself. The result of this work was the creation
Starting price - $200. Every week the price will change depending on the results of trading on a real account. The Group5 robot is a representative of neural network automatic trading systems. Outdated techniques for creating trading algorithms, when the authors manually searched for and fixed patterns of price behavior in the Forex market, are gradually becoming the past, and now this process is becoming increasingly automated. The trading robot itself finds patterns in price behavior, evaluat
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ARTEM LIAGINOV
149
ARTEM LIAGINOV 2021.06.11 23:07 
 

User didn't leave any comment to the rating

NathanGott
45
NathanGott 2020.07.16 15:49 
 

User didn't leave any comment to the rating

Lutfrakhmanov
39
Lutfrakhmanov 2020.05.07 10:21 
 

Стоп!!! советник до нового года в минуса по канадцу, весной в минуса по японцу.

На данный момент автор не рекомендует торговать по этим валютам.

Деньги не возмещает!!!

Stop!!! Advisor until the new year in minus for the Canadian, in spring in the minus for the Japanese.

At the moment, the author does not recommend trading in these currencies.

Money does not refund !!!

Paolo Becheri
71
Paolo Becheri 2020.05.03 15:58 
 

3-May-2020

Talking about the Author I have to say he's VERY disposable and always ready to answer to any question.

Regarding the EA after several months spent backtesting it I did't find any satisfying Setting.

I tested the suggested settings (result in simulation is a 3K€ Account burn out) and also searched for something on my own.

In my opinion the Risk/Reward it's absolutely not acceptable.

I'am ready to change my mind whenever someone will show me a good result.

Actually there are better and more stable EA with controlled DD and regular gains.

nzubair
19
nzubair 2020.03.28 16:22 
 

I've been using the paid version of Yellow for the last one month plus. I am glad to report that I was able to almost double my account with a bit of money and risk management. This is a "big deal". Considering I've been a self-taught, amateur Forex trader for a number of years now and for me to say this and experience this with any "system" is a big deal. Also - getting direct one-on-one support from the author is a rare feeling in this work space - where the quick are the dead. So my humble thanks to the author, Evgeniy. Thanks for the robot and the support. Stay safe in these time.

Andreas Grimm
281
Andreas Grimm 2020.02.27 20:34 
 

Danke für den dollen EA, kann ich nur weiter Empfehlen, die Strategie ist super.

Und Danke noch mal für die schnelle Hilfe, das war Top!

Po Yuan Chen
1784
Po Yuan Chen 2020.01.18 15:18 
 

Very stable profit! The author is always there to give good support! I believe the strategies are safer than most Martingale/Grid EAs in the market

Wakeman1
36
Wakeman1 2020.01.15 13:07 
 

UPDATE 5/18/2020: Back to my first impression. It's a money burner. To me poorly supported by the developer.

UPDATE: So with the latest software version and with settings Old_Style_M5_Trading=true, QuotesMult=10, TakeProfitInPoints=10, ClosePreviousPositions=false the EA at least paid itself lately. Revised from 1 star to 3 stars. I will let it run for more weeks and maybe update to 5 stars then. Will see.

I have tried Yellow and for me it does not work at all. I used the defaults for a while as provided by the developer. I also tried the Old Style M5 method. No matter what, trades are openeded, turn into loss and most of them end up in losses. The profits never ever compensate the losses.

It wasn't worth buying Yellow. Can't recommend it. If the algorithm changes in a newer version I'm willing to run it again and revise this comment.

Olatidoye Abayomi
37
Olatidoye Abayomi 2020.01.10 19:39 
 

Let me start by saying thanks to Evgenyi for a wonderful EA. A first I was sceptical about buying this EA but constant communication with Evgenyi gave me assuraance. He is calm and patient to answer all questions. This EA has given me 11% within 3 weeks, that to me is outstanding. I will recommend you use Evgenyi recommended settings, you will be fine. It is a 5 star from me.

Milan Gonda
629
Milan Gonda 2019.10.10 20:45 
 

First of all, I would like to thank Evgenyi for his really great support and for his products. I run simultaneously YELLOW, SZ Scalpel and TFollower on 2 live accounts with slightly different settings and both accounts provide really good results. Just use the standard recommended settings by author, don´t overclock your account and let them do their job. I´m over 60% on both accounts in 15 and 21 weeks and in acceptable risk settings. Just checkout my signals created with these EAs running live on my account.

Nwish1986
67
Nwish1986 2019.10.02 04:50 
 

I am very happy so far with this EA.

agt1984 Gonzalez
182
agt1984 Gonzalez 2019.09.27 12:11 
 

Well, its well developed program, i tested with a demo account about one month, and with a risk per trade of 0.1 lots with a starting capital of 1000 dollars, it went smothly, and the account grows to almost 60 percent. Now, i tested again with real money and the results are almost the same, 58 percent of grow, but, this time, in almost two weeks. Recomendations: use close losing positions, its better to lose a bit than lose a lot, two,use it only with majors, indexes are to dangerous, three, if you are not sure test it always with a demo account, and about one month of data. Nice Job Evgeniy, your robot is a true work of intelligence.

trannamchau77
26
trannamchau77 2019.09.10 15:55 
 

Satisfied! I hope more and more users use Yellow and actively give feedback so that the author can keep his great effort and motivation for Yellow, because part of my plan is based on it now =))

Maximus Sapiens
26
Maximus Sapiens 2019.07.23 16:45 
 

Working as promised. Programmer is always willing to help. Simply great job!

Mika_m
130
Mika_m 2019.07.13 09:06 
 

User didn't leave any comment to the rating

Stefan Holzner
946
Stefan Holzner 2019.07.10 23:20 
 

User didn't leave any comment to the rating

Aleksandar Beev
530
Aleksandar Beev 2019.02.11 14:25 
 

User didn't leave any comment to the rating

Ishmael Wilson
59
Ishmael Wilson 2019.01.07 21:59 
 

I like to manually trade and I use Yellow as a back up Strategy because it makes profit on The Majors! Thank You For Keeping Traders Out of Harms Way... And Kicking Donkeys for a living!!

Michael Rauh
50
Michael Rauh 2018.11.28 12:07 
 

I use this ea on real money account for 3 month, it works so great, 20 percent growth . Great great great job !!!

pelumitunde90
54
pelumitunde90 2018.11.15 20:22 
 

User didn't leave any comment to the rating

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