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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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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 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 insta
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Version 1.1 2019.06.25
The calculation routine of levels has been rewritten for more stability.