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Riona

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

Copyright 2019, Priantos and Uboiz
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Why do most EAs fail? Many Expert Advisors rely on temporary statistical advantages that disappear when the market changes, which happens continuously. The problem of over-optimization Moreover, most developers fall into the trap of fine-tuning their EAs to achieve perfect results in the past, without realizing that this won't translate to future market performance. It is crucial to conduct tests that consider future scenarios. The importance of diversification It is crucial n
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Harrow Order
Ubaidillah
4 (5)
Harrow Order is an Expert Advisor (EA) that works based on Support and Resistance, Martingale and Anti-Martingale methods. Support and Resistance is used to indicate the best position to place orders. Martingale is used to fix unprofitable orders. And Anti-Martingale is used for increasing potential profitable orders. This EA runs with two basic steps, namely try and execute. First, it will send one initial order to find out the market conditions at a nearest Support or Resistance level. Second,
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Harvesting
Ubaidillah
3 (2)
Harvesting is an Expert Advisor (EA) that works by sending orders automatically based on the best positions it detected. This EA also sets Stop loss value that can dynamically change following the price, when the order moves to more profit. And this EA cannot be run on its own, traders need to take part in monitoring and taking action to close all profitable orders, as in harvesting. Pairs and timeframes This EA tested on GPBUSD pair and M1 timeframe as in screenshots. Therefore Harvesting cou
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Harrow Band is an indicator based on support and resistance values. This indicator provides six bands that indicate the nearest of support or resistance position. With this indicator, it will be easier to see where entry and exit points of a trade are located. Pairs and Timeframes This indicator can be used in any pairs and timeframes, but it is recommended to use it in XAUUSD H1. Parameters NumCandle - number of candles used to calculate the support and resistance position. BandColor - colo
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Stoploss Follower
Ubaidillah
2 (1)
Stoploss Follower has the function of setting stop loss value on each order dynamically. When the price moves in profitable direction, the EA will calculate and set a new stop loss value that follows the price. But when the price moves in reverse, the stop loss value still remains at the position. So when the new price touches this stop loss value, the order is closed. Trader can set the estimate of stop loss value with Stoploss input parameter. This parameter is in pips unit, i.e when a trader
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Climb O
Ubaidillah
Climb O is an Expert Advisor (EA) based on Martingale method and oriented to equity value. This EA will immediately send one order after launch and Climb O will work based on this first order. If the order have price loss, this EA will send another orders with the same type and double lots. This action is to get more return to cover the loosing prices at the opposite movement of prices, and also to find the best equity balance that can get by each orders. Because this EA use high risk method: Ma
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
Everse
Ubaidillah
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
Reiona
Ubaidillah
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
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
Martha
Ubaidillah
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
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Version 1.1 2020.02.16
Take new order more carefully