Shark Expert Advisor

5

This EA is working based on our Shark indicator (https://www.mql5.com/en/market/product/22786). After forward testing this EA for more than 2 months and publishing live signals on our Telegram channel https://t.me/SharkChannel, we received so many positive feed-backs from the clients. Therefore, I decided to put this simple but nice EA on the Market!

The robot is multi pair and multi timeframe. So it can monitor several instruments on different timeframes to find shark patterns and then trades based on this pattern.

You can use this Robot as a fully automated trading system. Or you can use it as a trigger for your entry points with your own trading systems.

Entry point, Stop loss and take profit are well defined based on Shark pattern!

On both Bullish and Bearish Sharks patterns we have two entry points which are indicated by golden lines.

Stop loss is indicated by red line and finally we have 6 take profit points which are indicated by blue lines.


Expert Advisor Advantages

  • Multi asset
  • Multi timeframe
  • Efficient risk/reward ratio
  • All positions have stop loss and take profit
  • Risk is adjustable
  • Partial closing
  • Trailing
  • Can be used for scalping
  • Start and stop time
  • Have built-in shark indicator
  • Possible to disable the auto trade and use the patterns in manual trading


Recommended Usage

  1. The Performance of the EA on higher timeframes is much better.
  2. It is important to have a good communication channel for connection with the broker server. Therefore, it is recommended to use the VPS.


Parameters

  • MagicNumber - If you want to run multiple instances of this EA with different settings Use different MagicNumbers
  • ECN=true/false - If your account is ECN then set this parameter to true
  • startTime - The EA start trading at this time, and this is based on your broker time. If you don't want to have start time set it to -1;
  • stopTime - The EA stop trading at this time, and this is also based on your broker time. (At this time the EA stops opening new trades but the other functions are still working!) If you don't want to have stop time set it to 25;
  • trade=true/false - If you want to use this EA as a signal and do not want to use auto-trading then set this parameter to false
  • Alert=true/false - If you want to have alert on each new signals then set it to true
  • showShark=true/false - If set this option to true then you will see the shark patterns on new chart! When shark pattern hits stop loss or take profit or your positions trailed and closed that chart will be closed.
  • LIST=”EURUSD,GBPUSD,AUDUSD” - List of the instruments separated by comma which you want to monitor and trade
  • M1=false/true - if you want to Monitor this timeframe then set it to true!
  • M5= false/true - if you want to Monitor this timeframe then set it to true!
  • M15= false/true - if you want to Monitor this timeframe then set it to true!
  • M30= false/true - if you want to Monitor this timeframe then set it to true!
  • H1= false/true - if you want to Monitor this timeframe then set it to true!
  • H4= false/true - if you want to Monitor this timeframe then set it to true!
  • D1= false/true - if you want to Monitor this timeframe then set it to true!
  • W1= false/true - if you want to Monitor this timeframe then set it to true!
  • Lot=0; - If you set it to some number other than zero then the fixed lot will be used by EA, otherwise the Lot will be calculated automatically based on the Risk parameter
  • Risk=0.5; - This is the amount of risk percentage. If the position hits stop loss then you will lose this much percentage of your account. This works only if you set Lot=0
  • PartialClose=true/false - If this option is true then your position will be closed partially at some percentage of take profit.
  • closeTpPercentage=50 - If you set this to 50 then some part of your position will be closed at half way of your take profit
  • closePercentage=30 - If you set this to 30 then 30% of your volume will be closed partially.
  • Trailing=false/true - If you set it true then your stop loss will be trailed if your position was in profit!
  • trailStep=100 - This parameter is in points so if you set it to 100 then your position will be trailed after it was 10 pips in profit!
Reviews 1
Kerry Mitchell
200
Kerry Mitchell 2020.05.05 12:30 
 

Fab! Great help and good ea

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Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent
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ULTRA-OPTIMIZED VERSION – MT4 HFT FAST M1 GOLD SCALPER V8.2 , in its MT4 version, is the most powerful, stable, and refined release to date. HFT is a high-frequency scalper that trades exclusively on Gold (XAUUSD) on TF: M1, executing a large number of trades daily. It supports leverage up to 1:500 and operates with very reasonable lot sizes for a true scalping strategy. Because of this, it requires dedicated scalping accounts (RAW or ECN). ICMarkets is the recommended broker, especially its RAW
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Resident Expert Advisor is a professional trading system designed for trading various currency pairs, metals, and indices. It takes into account the specific price behavior and volatility of the selected instrument. By adjusting the parameters, you can customize the advisor for any trading symbol. The advisor's input signals are calculated using specific data structures and proprietary algorithms. There is no artificial intelligence, machine learning, or quantum technology involved. We use excl
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The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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KEENBASE SOFTWARE SOLUTIONS
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Cence Jk Oizeijoozzisa
5 (2)
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Gridlock Multiplier
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GoE Stratagem Gridlock v2.36 is an adaptive grid trading system built for traders who want structured basket management instead of random trade stacking. This version is designed to respond differently to ranging and expanding market conditions, using internal entry filters and spacing logic to help organize entries with more control. Core features include dynamic grid operation, basket-based take profit handling, trailing basket management, and equity decompression tools intended to reduce pr
Real monitoring :  XAUUSD__BTCUSD__ M30__SL3 ,      XAUUSD M30 SL3 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  7   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  649   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  920   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactly what this a
Big Hunter
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The Multi Strategy Trading Robot This automated trading robot always uses stop loss. Big Hunter is specially designed to trade gold , but you can test it on other pairs since you have the access to the parameters. The robot uses different strategies like swing trading ,  momentum trading , position trading and more. It's backtested for the last 10 years under the harshest, simulated market conditions. Each trade has  unique SL, TP, Trailing stop, and breakeven. These parameters are variable a
Unlike most other EAs in the market, I always assure every single of my EAs are of highest quality: Real trades will match backtesting. No loss hiden techniques to hide historical losses, no manipulated backtest to make backtesting curve smooth without loss (only naive traders believe in smooth upward curve with no risk - they are most likely scamming). My EA always have multi-years verified statistical trading edge. Robust and long term stable with sensible risk management. Not sensitive to sp
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Gioteen Volatility Index (GVI)   - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicat
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is a fully automatic Forex trading Expert Advisor. The robot can run on any instrument, but the results are better with EURUSD on the H1 timeframe.  If you are a long-term investor looking at yearly profits with high Sharpe-ratio then Money magnet is a good option. Please check the comment part to share your settings with others and enjoy the latest optimal settings uploaded by other users.  Expert Advisor Advantages High Sharpe-ratio The EA does not use such systems as martingale, hedging,  gr
Gioteen Volatility Index (GVI) - your ultimate solution to overcoming market unpredictability and maximizing trading opportunities. This revolutionary indicator helps you in lowering your losing trades due to choppy market movements. The GVI is designed to measure market volatility, providing you with valuable insights to identify the most favorable trading prospects. Its intuitive interface consists of a dynamic red line representing the volatility index, accompanied by blue line that indicate
Advanced SRP (Strong Retracement/Reversal Points) Tired of support and resistance indicators that constantly repaint, clutter your charts with irrelevant lines, and fail across different timeframes? It's time to stop guessing and start trading with institutional-grade clarity. Advanced SRP   is not just another S/R tool; it's a definitive market structure indicator designed for the serious trader. It identifies and displays the most critical price levels where the market is statistically likely
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Kerry Mitchell
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Kerry Mitchell 2020.05.05 12:30 
 

Fab! Great help and good ea

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