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Simba EA MT5

Simba EA is a medium-term EA for MT5 (and MT4).

It embeds a basic but effective price breakthrough strategy based on S/R levels.

The EA is meant to be used with EURUSD, GBPUSD & USDJPY, whatever the timeframe it'll always perform calculation using M15.


Settings

  • Take profit (in points) : 0 to disable it
  • Trailing stop (in points) : 0 to disable it
  • Stop loss (in points) : 0 to disable it
  • Maximum spread : Simba won't open positions if the spread is higher than ...
  • Time filtering : all time periods there aren't traded
    • Syntax : <day1>:from1-to1/<day2>:from2-to2
      • Days are : Mon(day), Tue(sday), Wed(nesday), Thu(rsday), Fri(day), Sat(urday), Sun(day), All (all days)
      • From & to are : 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23 (GMT)
      • Example 1 - "Stop trading every Monday from 10 to 12 and every Friday from 14 to 16h GMT" ---> Mon:10-12/Fri:14-16
      • Example 2 - "Trading everyday only from 8h GMT to 22h GMT" ---> All:0-8/All:22-0
  • Slippage


Recommendations

  • The lower the spread is the better the performance of Simba will be - keep in mind that a spread = 1 + commission roundturn of (3.5*2=7) is like a spread = 8 !
  • The lower the ping with the broker is, the better the performance of Simba will be
  • ECN broker, 5-digits, netting & hedging mode
  • A massive deposit isn't required <=100USD can do it!
  • Reoptimize to make it suits your own environment
  • Some months are profitable, others aren't: 3 months at least needed to make yourself a opinion
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Experts
Hello, my name is Alexander. I would like to introduce you to my new development, Hermes EA. The advisor is synthesis of two strategies: breakthrough strategy and level strategy. The EA doesn't use any indicators. The EA works well on EURUSD  pair. The advisor has shown stable performance for more than 20 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to install as possible
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DCA Pro Trend AI - Auto Trading Robot Dollar Cost Averaging is very basic and old trading algorithm, however very useful since past until now. (Note. All user who rent and buy DCA Pro Trend AI, have to send me message to get User Guide, get recommend setup before trade) Hi all, I am a trader, started trade from 2009 and nowadays trade is my life. I coded this EA based on all my knowledge, all my experience in trade, experience in fund management. Let me ask you a question, what is the most
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Version 1.1 2019.06.25
The calculation routine of levels has been rewritten for more stability.