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Cortex

Cortex is a fully automated scalper EA which trades the key levels of the price chart. Each open position is managed by an advanced modification algorithm and protected by a tight hidden stop order to minimize possible drawdown. Profit is taken using a smart multistage strategy allowing to significantly increase the trading profitability. The Expert Advisor supports trading with a fixed lot, and also includes the money management unit for automatic lot calculation based on the preset risk per trade. I recommend that you use an ECN account with low spread and fast execution.


Advantages

  • Advanced profit taking algorithm.
  • Working with fixed and auto lots based on MM.
  • Each position has a smart stop order.
  • No grid, martingale or arbitrage.
  • No hedging.
  • Does not use indicators.
  • Highly customizable.


Requirements

  • Instruments: EURUSD, GBPUSD, JPYUSD.
  • Timeframe: H1, H4.
  • Deposit: $100 and higher.
  • Account type: ECN.


Parameters

  • FixedLot - fixed lot if UseMM = false.
  • UseMM - use lot calculation based on the OrderRisk parameter.
  • OrderRisk - maximum risk per trade in percents.
  • SL - stop loss level in pips.
  • SLTrail - trailing stop in pips.
  • BEStart - point to place breakeven in pips.
  • BELevel - breakeven level in pips.
  • TradeLevels - control price levels.
  • LotPercent - lot percentage for a control level.
  • BuyShiftLevel - shift the level for placing buy orders.
  • SellShiftLevel - shift the level for placing sell orders.
  • VirtualSL - use a hidden/visible stop order.
  • ReboundRndLevel - trade rebounds from round price levels.
  • RndLevelDeviation - deviation when determining round price levels in pips.
  • ReboundShadow - trade rebounds from signal candles.
  • ShadowSize - wick size of the signal candle in pips.
  • UseSpreadFilter - use the spread filter.
  • MaxSpread - maximum allows spread in pips.
  • UseTimeFilter - use the time filter.
  • HourStart - trading start hour.
  • MinuteStart - trading start minute.
  • HourEnd - trading end hour.
  • MinuteEnd - trading end minute.
  • Monday - filter trading on Monday.
  • Tuesday - filter trading on Tuesday.
  • Wednesday - filter trading on Wednesday.
  • Thursday - filter trading on Thursday.
  • Friday - filter trading on Friday.
  • Channel - range to search for entry points.
  • ShowPanel - display the information panel.
  • ShowAlert - display the EA messages.
  • Magic - unique ID of the EA's orders.


Recommendations

  • Use a dedicated low-spread USD ECN account.
  • Auto lot: the recommended risk per trade is 1-3%.
  • Fixed lot: 0.3 - 1.0 per $1000.
  • Use a VPS.
Gregory N
33
2018.02.16 00:47 
 

I got good results with the metatrader tester and got the EA for 1 month. The results were different in the bad way so I got to know that a better data quality is important for testing. With 99.9% data quality I can see it's not the right market condition currently to use that EA on EURUSD. Also for the huge lots it's using it's not a strategy I'm feeling comfortable with. Last but not least, I doubt 5 stars reviews are not promotional (the EA is getting bad results on tester at the time of the good reviews).

Giulio Franceschini
226
2018.02.13 14:12 
 

This EA always works on the edge of the razor, you will never burn your account because well protected, but you will earn at the end after a lot of work, what would make you a state bond.

ghasemime
129
2018.02.11 15:06 
 

Hi all,

I have rented the Ea for a month. i tested it on 2 demo accounts on Alpari demo ECN with 1000 $ deposite on each. in one account i ran the EA on EURUSD, USDJPY and GBPUSD.

After one month of test this account is now 868$.

on the other account i ran EA on EURUSD and GBPUSD. its current balance is 906 $ right now.

on both accounts auto lot size with money management 3% is set.

every body who wants to see the results send me a PM.

I AM NOT SATIDFIED WITH THIS EXPERT.

you may say some months may be good some bad, but this ea does not seem a money making EA.

Support is good and all questions are answered.

back test is good but as said, i am not satisfied with it.

I give only one star and thats only for the good support.

PaulNessky
62
2018.02.07 23:10 
 

Отличный эксперт. Предпочтительно работать с есн брокером. VPS обязателен.

Поддержка автора на высоте.

------------- 01.01.2018 ---------------

Текущие торговые результаты положительны. Внятная стратегия хорошо подойдет для долгосрочной торговли. Как и прежде отличная поддержка от автора.

------------- 08.02.2018 ---------------

Результат работы за 2 мес.порядка 15%. Торговля по фунту и евро плюс VPS.

Lucas Sanchez
40
2018.02.01 19:40 
 

I have been testing this EA since December 2017 with an initial $ 500 account and then it has increased to $ 875. In the month of December I made a profit of approximately 34 dollars, which is not bad for the amount invested, but in January the beginning was good and in the first ten days I got the same profit for the whole month of December, there were few profits and I got more damage than I won, what is saving my account is the fact that I run other 2 EA together. I understand that this EA depends almost on the price break, something that does not always happen in H1 and so it takes time to open orders and also that January is not an easy month for negotiations, but I am finding the performance below expectations, since the other two EA squeezes are giving me a profit at the same time. I'm not simply criticizing this EA negatively and saying not to buy, but rather that to get a more real and profitable test like I got in the 2017 backtest, this EA needs more time for that. Another disappointment that happens in real life is that I paid 125 dollars in this EA and shortly after he is 99 dollars, and he alone has not yet paid. I will test the new version and continue posting the results here.

Thanks

Ronny
259
2018.02.01 11:05 
 

9 November 2017 - Bought it and now testing it on demo account. So far looks good. Will forward test further and inform the result.

I will also do a live account forward test later.

15 Jan 2018 - 2 months after testing on demo, 1 week after adjusting setting at LIVE account. Result is, LIVE account with adjusted settings yield more profit. My suggestion to users, please test it on demo account before going live and adjust settings accordingly. Dont just jump into conclusion only after few trades in few days. Let the EA do the job and you will see the profit. Alla has been providing good support so far and I'm overally satisfied. Many thanks to Alla for creating this wonderful EA!

31 Jan 2018 - After doing my Demo Test (since November 2017) and Live Test (since Dec 19, 2017) until January 31, 2018, here is my FINAL verdict:

1. Cortex is using what I call breakout scalping strategy where it place stops order on both direction. It will try to gain profit from the price breakout.

2. Price breakout need a strong momentum to gain its maximum traction (both up and down). Hence, a thin market is not suitable for this EA to run.

3. There should be sufficient "price gap" for the trade position to breathe. Meaning, there should be ample space of SL (cant be too tight or too loose) to be set in each different pair that you trade. This is the key where we need to set our SL, TrailingStop, BreakEven, and LotPercent to manage our risk (both loses and gains)

4. Since we are trading in ECN environment, cortex backtest is not a guarantee for a succesfull same settings (in this case, the original settings). You need to forward test it yourself to gain the correct settings that will suit your risk appetite and give it some time until you can conclude the result.

5. Thus, I prefer to use my own settings (after all the test I did) when trade using Cortex where I can be confident to get the most out of the strategy. You can use my settings if you want. But, be mindful that this is my settings where you can adjust accordingly to your own. Once again, there are loses, but there are profits too.

For settings details, see the comment section.

Christopher Banwell
43
2018.01.31 11:06 
 

author fine tuned EA but it still consistently lost money, that was with both 1.8 and 1.9 versions, on an ecn broker of his recommendation and using vps. I'd give it 0 stars if I could it cost me 99 to buy and lost me around 300 in a couple of months. Oh and the support from the author stopped after I wrote back to him and told him it was still loosing money despite his 'tuning' of the EA. I've deleted it and I'm out...good luck people!! :(

anta
342
2018.01.31 09:58 
 

Big loser. Stupid EA.

Anatolii Chornenkyi
151
2018.01.29 05:43 
 

Отличный советник! за 2 месяца +25% профита(eur/usd, gbp/usd). Чувствителен к спреду, обязательно нужен VPS.

Очень хорошая поддержка! Автор, очень отзывчивый человек, быстро отвечает.

P.S. Для надежности VirtualSL=False

danibarcelona
173
2018.01.25 18:41 
 

eurusd and gbpusd work good so far. I have tested it for a month on a real account (small balance). Support from Alla is great also. I will update in a month or so.

Update 25/01/2017.

Performance is not as good as in December, but still positive.

Let's see with 1.9 version.

hevec
39
2018.01.23 08:52 
 

Отличный советник, гибкие настройки, есть возможность настройки не только под ECN счет со спредом до 17 пунктов. Автору отдельно 5 звезд за быструю и качественную поддержку.

Tatyana Kulyapina
261
2018.01.20 00:33 
 

Хороший советник. Качественная и быстрая поддержка. Рекомендую.

Youssam
22
2018.01.11 00:12 
 

As alla is doing his best to provide support, I will wait to have tested a full month before giving a definitive score, I'm changing my score to 5 stars until the end of the month.

Broker: pepperstone

Account type :Razor

Vps:forexvps.net

Ping : 0.93ms

I will probably change my rating if it starts winning some trade or I'LL wait for version 1.9

Ali Taha
124
2018.01.10 12:15 
 

This was the second EA I bought so far.......

Its good EA & promising I have tested it for a month with a positive outcome.

Mostly money management perfect.

Mr. Alla Reznikova was very helpful and answer my questions 24/7.

use this EA with the best ECN broker and with very small spared possible, would highly recommend it.

The price so good compare to the garbage EAs in the market.

Thanks Alla God bless you

-----------------------------------------------------------------------------------------------

As Brendan Lu says its doing huge loss on GBP & JPY but for EUR more stable still its a good EA for EUR

Ill reduce my rate to 4.

--------------------------------------------------------------------------------------------------------

Im back to 5 stars its amazing EA *****

--------------------------------------------------------------------------------------------------------

Thanks Alla

SergyK
145
2018.01.08 13:42 
 

Хороший эксперт. Хорошая поддержка от автора.

dimitre ivanov
146
2018.01.03 23:20 
 

euro dollar configuration by the author in real account with vps

fabianwidmer89
49
2018.01.03 17:09 
 

Nice results for the first week. Perfect support from the developer. I will update later.

Update Review:

I Uses since 2.5 months. The EA works well, good profits. When The EA makes loss then ist the markets how is really nervous.

Zhihao Wang
310
2017.12.30 12:35 
 

EA has a bug, the author does not fix the last proposed changes to the bug, long time no reply! A total of 2 days, white throw money!

21376449
60
2017.12.27 10:31   

I've used Corteks in the demo account and the real account. It is necessary to use a ECN account with VPS. Try a variety of pairs that have a low spread. Choose the best out. I can say that with ICMarket works USD / CAD good. Alla is very helpful and helps 24/7.

Zhuo Hu
178
2017.12.22 16:00   

欧美还可以,加QQ385559577 一起讨论牛B策略

Zentrader2015
557
2017.12.19 09:04 
 

i will give a rating of 2 stars as of this point, im willing to increase my rating if the new version to be released soon some how turns this into a profitable EA. I am trying to give as much opportunity for something positive to develop however so far back tests on GBP/USD its a amazing EA, forward test in Live market its not winning mostly losing even with several different settings. USDJPY is really horrible results and EURUSD is pretty bad, only GBPUSD has somewhat of opportunity

Zhenzhou Yin
585
2017.12.18 09:01 
 

No Profit, Tested with IC, Pep, TM.

coolzeus
21
2017.12.08 07:15   

2017.12.08 14:17:34.195 '1167904': order buy stop 0.09 EURUSD opening at 1.18141 sl: 0.00000 tp: 0.00000 failed [Trade is disabled]

what does this mean ?

Jean Fermigier
415
2017.12.08 02:15 
 

User didn't leave any comment to the rating

masa1023
244
2017.12.07 06:02 
 

User didn't leave any comment to the rating

Mariam
73
2017.11.28 06:49 
 

I purchased the Ea close to 1 month ago and I'm very happy with it. I have used it with both live and demo. The demo results are obviouly better. The seller provides excellent support and I followed the recommendations provided. I too had issues at first with one brokers where the ea was splitting into numerous orders, I chased this up with the broker and it hasn't happened since. It seems to be a broker related issue as I didn't have this issue with a different broker.

AdrianFeged
96
2017.11.08 12:10 
 

So far so good. Great support.

Version 1.9 - 2018.01.25

added the option to trade rebounds from round price levels.
added the option to trader rebounds depending on the signal bar.
provided optimized settings.
fixed bugs.
Version 1.8 - 2017.11.30
- improved the EA algorithm in order to increase the ratio of profitable to unprofitable trades;
- added the VirtualSL option to use a visible or hidden stop order;
- added options to shift the key levels;
- added filter of trading days;
- optimized the settings;
- fixed bugs.