Market / MetaTrader 5 / Experts /

Riona

Demo downloaded: 282

Published: 1 February 2020

Current version: 1.1

Riona

Experts
Ubaidillah
Version: 1.1
Updated: 16 February 2020
Activations: 5

Riona is an Expert Advisor (EA) that build based on martingale and hedging method.

The main idea is place buy and sell in parallel and virtually, save the unprofitable positions with martingale, and keep the profit during trade with hedging.

So, the account that used to trade, must support to take multiple order.

The highest and lowest prices based NumCandle value that taken, are to indicate the range of new orders. Where the next order, with same type must be higher than 75% of difference between this lowest and highest prices.

This EA is not accompanied by any exit scenario, so you may close it by your self, when you want to stop this EA.

And you can also use this EA in another pairs or window at same time, certainly with different magic number.

Pairs and timeframes

This EA is recommended for use on EURUSD at M1 timeframes, with 10000 of initial balance, and lot=0.2.

Parameters

MagicNumber - the mark number used to identify orders, which are sent and managed by this EA. If this EA runs on multiple pairs, every pair must be run with different magic number, for example: GBPUSD - 100001, EURUSD - 200002, XAUUSD - 300003, etc.
NumCandle - the number of candles that used for calculate highest and lowest prices. For example NumCandle = 60 at M1 timeframes, its mean the range of order to new order depend on the highest and lowest price of candle one hour before. If its set to 0, then the default value of this parameter will be taken to 60, 36, 12, 6, 3, and 1 candles for M1, M5, M15, M30, H1, and else respectively.
MaxMartingale - the maximum Martingale order. Default value is , i.e. the maximum Martingale multiplier is 2 ⁷=128. So for virtual order, back calculations will use the maximum Martingale until multiplier 128. It will affect the decision of lot value of real next order to be sent.
CloseAtStop - the option to close or not all orders at Remove EA action. Only remove orders that have magic number that specified by MagicNumber parameter above.
OrderLots - initial lots value used for the initial orders. For example: OrderLots = 0.1, 0.2, 0.4, 0.8, etc.
SlipPage - slippage value that used for every new order request.

Authors

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Harrow Race is an Expert Advisor that has been developed based on Harrow Order. This is the high risk version of Harrow Order, which uses decreasing Anti-Martingale lot for real orders, and increasing Martingale lot for virtual orders. This EA is for traders who are brave enough to take risk with the Anti-Martingale method. For more information about Harrow Order, you can read https://www.mql5.com/en/market/product/28456 . This EA works using the same principle as the Harrow Order. When the pric

750 USD

Everse is an Expert Advisor (EA) that build based on martingale, anti-martingale and hedging method. The main idea is place buy and sell in parallel, save the unprofitable positions with martingale, and take profitable positions as a bonus. The RSI, iClose, iHighest and iLowest indicators are used for entries. The highest and lowest prices are to indicate the range of new orders, where the next order, with same type must be higher than 75% of difference between this lowest and highest prices. An

10 USD

Reiona is an Expert Advisor (EA) that build based on martingale and hedging method. The main idea is place buy and sell in parallel, save the unprofitable positions with martingale, and keep the profit during trade with hedging. The RSI, iClose, iHighest and iLowest indicators are used for entries. The highest and lowest prices are to indicate the range of new orders, where the next order, with same type must be higher than 75% of difference between this lowest and highest prices. When the

30 USD

Harrow Strikes is an Expert Advisor that has been developed based on Harrow Order for MetaTrader 4. This is the MetaTrader 5 version and also based on Support and Resistance, Martingale and Anti-Martingale method. Since MetaTrader 5 already supports the use of hedging in trading, the algorithm of this EA has little differences from the original Harrow Order. For more information about Harrow Order, you can read https://www.mql5.com/en/market/product/28456 . Same as Harrow Order, the Support and

30 USD

Martha is an Expert Advisor (EA) that built based on grid method. The idea is place buy or sell simultaneously when they are negative, wait and take the profit when the price is going back or passed the TakeProfit value. So this EA requires user adjustment setting itself between OrderLots with balance are used in the account. If you set TakeProfit value is negative, so this EA will waiting profit until price going back to the first price where order has been taken. But the new order will be

30 USD

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Version 1.1 2020.02.16

Take new order more carefully