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Edge

The Edge trading algorithm determines the levels the price bounces off and opens a position. In case the price breaks a levels and moves against the open position, the volume is increased. The position is closed at the nearest price rollback if the appropriate signal is available. External parameters of the program allow fine-tuning the operation of the algorithm.

We have prepared the article on how to work with this trading algorithm and receive reliable combinations of parameters:

How parameters of EDGE trade expert can be optimized

If you need the source code of this Expert Advisor, write to me in a personal message. The deal can be executed via Freelance service.


Description and recommendations

  • The algorithm works on Hedge and Netting accounts. It is recommended to select parameters for each account type separately.
  • It is possible to trade and optimize the parameters in the tester on multiple symbols simultaneously.
  • The EA features a control panel for emergency closure of all open positions or only for the specified symbols.
  • In the control panel, it is possible to specify the direction to open trades for all symbols at once or for the selected symbols only.
  • The EA's graphic interface contains a table with the statistic values of last testing results and parameters used during that testing, as well as a table with the current account statistics.

To achieve stable results, it is recommended to perform optimization for the longest available time period and on multiple symbols simultaneously.


Parameters of the Expert Advisor

  • Symbols - comma-separated list of symbols to be traded. If empty, only the current chart symbol will be used.
  • Start hour - hour to start trading.
  • End hour - hour to stop trading.
  • Trade weekdays - days of the week for trading.
  • Period - period of the indicator.
  • Signal level - signal level of the indicator.
  • ATR period - period of the ATR indicator.
  • TP ATR coefficient 1 - ATR coefficient to calculate take profit.
  • TP reduction factor 1 - coefficient for take profit after each averaging.
  • TP reduction factor 2 - take profit coefficient to be used after reaching the averaging limit set below.
  • TP increase limit - averaging limit.
  • TP average price limit (only hedge) - the number of averagings to start calculating take profit based on the last deal price (only for hedge accounts).
  • Stop loss points - limit losses.
  • Points increase coefficient - the first minimum range that must be passed for averaging based on the ATR coefficient.
  • Next points increase coefficient - coefficient to calculate each subsequent range for averaging.
  • Bars increase - the minimum number of bars for the first averaging.
  • Next bars increase coefficient - multiplier for the number of bars to be used in each subsequent averaging.
  • Increase limit - averaging limit.
  • Close in parts - the number of parts for closing positions.
  • Close first trade after limit (only hedge) - close the first position in the averaging series only after the specified limit (only for hedge accounts).
  • Close last profit trade on opposite signal (only hedge) - close the last profitable position at the opposite signal after reaching this limit (only for hedge accounts).
  • Close when leaving time range - close positions outside this time range (hours and days of the week).
  • Start lot - initial lot.
  • Step lot - lot step.
  • Delta - the amount of profit, after which the initial lot is increased by the specified step.
  • Custom max - custom criterion for finding parameters during optimization.
  • Withdrawal - test the partial withdrawal after reaching the specified profit.
  • Stop optimization pass by DD - an optimization run is stopped if the specified drawdown is reached.
Reviews 1
17334708
63
17334708 2019.07.06 09:05 
 

After a long period of evaluation, i am astonished by the amazing profits-taking. it's a real masterpiece by Mr. Kazharski. This robot has a property of little drawdown and steady profit. I really love it and thanks for Mr. Kazharshi's kind sharing. It deserves everybody's seeking for a try.

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Breakout Deviation MT5 is a fully automated Standard Deviation Breakout System. After a one-way high movement, a breakout movement can be predicted. The system only focuses on a stable breakout movement. The EA does not use grid, martingale, averaging  or other dangerous strategies.   It uses triangular fixed takeprofit for all position. if you need help, I always help you, please contact me ! Old Signal :  https://www.mql5.com/en/signals/887799 Next Signal: https://www.mql5.com/en/signals/93598
499 USD
Breakout Envelopes MT5
Sabil Yudifera
The Expert Advisor identifies extreme overbought and oversold conditions in a market. Opening positions on extreme overbought conditions or extreme oversold conditions allows for getting the highest profit. If the starting position is in a loss, then the second or third position has the probability to gain big profit value. The built-in spread filter manages slippages and spread extension. The EA does NOT use hedging, martingale, grid strategies, arbitration, etc. The Expert Advisor works with S
499 USD
Bober Lannister MT5
Arnold Bobrinskiy
Bober Lannister MT5  - is fully automated cross platform trading robot. Only one trade at a time. No "Recovery algorithm (martingale)" or other dangerous strategies involved. Next order lot size always the same according to Risk settings regardless of achieved result by previous one. Virtual TP and SL  keeps the same distance. Live settings optimized by using real ticks data. Much attention has been paid to forward test results to avoid overfitting. MT4 version of Bober Lannister here   https
900 USD
Rocket Man MT5
Evgenii Golovanets
Price: $499 8 of 10 copies left at this price Next price $599 Recommended broker Recommended broker №2 Live signal   https://www.mql5.com/en/signals/911160 Telegram channel   https://t.me/rocketman_ea Rocket Man  is a fully automated expert adviser, which implements convenient features to perform multicurrency trading with the ability to widely diversify trading risks. This Forex robot uses just one deal for trading and always use stop loss and take profit to protect capital! Expert never use
499 USD
EuroTrend5
Sergej Sergienko
Price: $599 4 of 10 copies left at this price Next price $699 Signal    https://www.mql5.com/ru/signals/907932 Version for mt4   https://www.mql5.com/ru/market/product/60537?source=Site+Profile+Seller The work of this EA based on machine learning algorithms with using standard indicators of mt5 trading platform. EuroTrend5 uses next indicators: Moving Average, Bulls Power, Bears Power, ATR. EA open deals only with trend. There is possibility  to increase volume of deal after StopLoss. EuroTrend
599 USD
Scalp Breakout mt5
Vitalii Zakharuk
The Expert Advisor ( Scalp Breakout ) can be launched on any hourly period, on any currency pair and on the server of any broker. Unique trading system! It is recommended to work with liquid Forex pairs, with a low spread and use VPS. You can start using it with $ 100 and 0.01 lot. The bot works on both Netting and Hedging account types. There is also a version for MT4 . This is high frequency trading. Uses two trading options: with virtual and real stop losses. Virtual stop levels (take prof
500 USD
Crasher Master Scalper
Jaymar Egonia
Join my channel Https://t.me/fxmind CRASH1000 SCALPER SYSTEM AND AFTER SPIKES THE ROBOT WILL EXECUTE THE ORDER the advantages and features are Fixed Lots and you can decide your own STOPLOSS and TAKEPROFIT and trailing function to avoid spike This “Crash Master Scalper” indicator does all the heavy lifting & gives you accurate signals for scalping on the 1-minute, 5-minute frames. To increase its accuracy, the indicator uses an approach that we call “double confirmation”.when to Buy
500 USD
SharkEA MT5
SERGEI RIEBIN
This robot goes with  short term trends  that are typical for liquid markets such as Forex. It uses  mean reversion  principle together with  careful filtering  of entries and advanced  «smart»  price tracking algorithm  to maximise win rate while keeping risks at bay. It is intended for  long term use  only. It is more suitable for experienced users. Lots of settings for customization. Still can be used by anyone with default settings. Easy setup. No special knowledge needed. Additional set-fil
399 USD
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Zoom
Anatoli Kazharski
The Zoom indicator allows you to see the price behavior inside a selected bar. By moving a vertical line on the indicator chart, the selected bar will be displayed as a rectangle on lower time frame charts of the same symbol. For example, you can add the Zoom indicator to the daily chart. In external parameters, you can only set the color of the vertical line ( Line Color ) and the color of the rectangle ( Area Color ). The second chart window must be open on a lower time frame. It can be any ti
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Easy And Fast MT4
Anatoli Kazharski
"Better, easier, faster" is the motto describing what traders strive for in trading. They know that there is always space for improvement. That was exactly why the Easy And Fast trading panel was developed. A professional version of this program with advanced features is available on this page:  Easy And Fast Pro . The Easy And Fast trading panel can make trading easier and more efficient. Its functionalities are described below. The panel can be located in any part of a chart. It allows quick e
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Easy And Fast Pro MT4
Anatoli Kazharski
Это расширенная версия программы  Easy And Fast MT4  для ручной и полуавтоматической торговли. Покупка и продажа сразу по нескольким указанным символам. В режиме хеджинга можно открыть позицию частями по одной цене. Установка сразу множества отложенных ордеров по заданным условиям, указав коэффициент расстояния между ордерами и коэффициент объёма. Установка отложенных ордеров одним кликом на графике. Удалить ордера можно по заданному критерию: (1) сразу все ордера, (2) по указанному типу, (3) то
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Break Bollinger Bands Martingale MT4
Anatoli Kazharski
The standard   Bollinger Bands   indicator is used for generating signals. All operations are performed according to formed bars on the current timeframe. The Expert Advisor can be used for semi-automated trading. Positions can be closed manually but trailed by the EA. Since the martingale method can be dangerous, you can close the position manually when the current profit becomes greater than previous losses. Description and recommendations It is recommended to select parameters for each accoun
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Visualize History MT4
Anatoli Kazharski
Those, who trade on their own and study the trade history of other traders, need a tool to display the history of the deals on a chart. One can learn a lot from such a representation of historic data. Sometimes it even gives an idea of a lucrative trading system. Visual history of deals for signals within MetaQuotes service is available directly from the Terminal. To get it, go to the tab 'Signals' in the 'Tools' window and click on 'Apply to the chart' on the signal page. However, there are som
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Multi Expert System TRADING WAY
Anatoli Kazharski
Features The Expert Advisor's conditions for entering and exiting the market are based on the MultiSignals_PCH indicator, which can be downloaded for free from Code Base . The Expert Advisor can be used for trading in the manual, semi-automatic or automatic mode. Multi-currency trading. This version supports 3 symbols. Multi-system trading. In this version, you can set up 4 strategies for each symbol. The Expert Advisor sets a unique magic number for each strategy. Multi-timeframe trading. You
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Easy And Fast MT5
Anatoli Kazharski
"Better, easier, faster" is the motto describing what traders strive for in trading. They know that there is always space for improvement. That was exactly why the Easy And Fast trading panel was developed. A professional version of this program with advanced features is available on this page: Easy And Fast Pro . The Easy And Fast trading panel can make trading easier and more efficient. Its functionalities are described below. The panel can be located in any part of a chart. It allows quick ex
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Symbols spread
Anatoli Kazharski
With Symbols spread you will be able to quickly and easily view the key parameters of multiple Forex symbols on the server of your broker and to select the most suitable ones for trading. This is especially relevant when applying a certain trade algorithm on the smaller timeframes, which involves a high frequency of trades and the trade levels should be placed close to the current price. The fact is that different brokers set different values for such values as spread and stop/limit levels. The
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Easy And Fast Pro MT5
Anatoli Kazharski
Это расширенная версия программы  Easy And Fast MT5 для ручной и полуавтоматической торговли. Покупка и продажа сразу по нескольким указанным символам. В режиме хеджинга можно открыть позицию частями по одной цене. Установка сразу множества отложенных ордеров по заданным условиям, указав коэффициент расстояния между ордерами и коэффициент объёма. Установка отложенных ордеров одним кликом на графике. Удалить ордера можно по заданному критерию: (1) сразу все ордера, (2) по указанному типу, (3) тол
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Visualize History MT5
Anatoli Kazharski
Those, who trade on their own and study the trade history of other traders, need a tool to display the history of the deals on a chart. One can learn a lot from such a representation of historic data. Sometimes it even gives an idea of a lucrative trading system. Visual history of deals for signals within MetaQuotes service is available directly from the Terminal. To get it, go to the tab 'Signals' in the 'Tools' window and click on 'Apply to the chart' on the signal page. However, there are som
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17334708 2019.07.06 09:05 
 

After a long period of evaluation, i am astonished by the amazing profits-taking. it's a real masterpiece by Mr. Kazharski. This robot has a property of little drawdown and steady profit. I really love it and thanks for Mr. Kazharshi's kind sharing. It deserves everybody's seeking for a try.

Reply to review
Version 3.2 2019.04.07
Added parameter (Stop loss points) to limit losses.
Version 3.1 2018.07.30
Исправлена ошибка, когда в некоторых случаях не все указанные символы могли участвовать в тестировании/оптимизации.
Version 3.0 2018.02.16
1. Added tables with the statistics of last EA testing results and the current account state.
2. Added a table with the parameters used in the last testing.
3. Minor corrections in the graphic interface.
Version 2.0 2018.01.31
1. Now the algorithm works on accounts with any deal execution and order filling modes. Earlier, some of them were not taken into account.
2. Fixed incorrect display of the balance of symbols in the graphical interface of the expert in some cases.
3. Increased the speed of testing and optimization. Now you will spend less time searching for optimal parameters.