Expert Smart Trend

3

The trading system operates on seven pairs and one timeframe. The Expert Advisor uses trading systems for trend-based entries with the help of the Envelopes and CCI indicators. Each indicator uses up to five periods for calculating the trends. The EA uses economic news to calculate the prolonged price movements.

The EA has the built-in smart adaptive profit taking filter.

The robot has been optimized for each currency and timeframe simultaneously.

Attention! This EA is only for "hedging" accounts.

Real monitoring: https://www.mql5.com/en/signals/1777767

Monitoring: https://www.mql5.com/ru/signals/author/profi_mql

МetaТrader 4 version: https://www.mql5.com/en/market/product/29965

Economic news are used.

For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add https://ec.forexprostools.com, https://world-time-zone1.com and click OK.

For the strategy tester: the EA provides integrated data on economic news from 2008.01.01 to 2020.05.01.

  • Multi_Currency_BackTest - if set to true, a multi-currency tester is used. If false, the current currency and timeframe are used.

The robot does not require all ticks in history. For quick test, use:

  • Tick simulation methods:
    • M1 OHLC (simulation of 1-minute bars, OHLC prices).


Pairs and timeframe

  • The EA optimized for the following pairs:
    1. EURUSD / M5
    2. GBPUSD / M5
    3. GBPJPY / M5
    4. USDCHF / M5
    5. USDJPY / M5
    6. AUDUSD / M5
    7. GBPAUD / M5
    8. USDCAD / M5
    9. GBPCAD / M5
    10. EURAUD / M5
    11. EURCAD / M5
    12. EURGBP / M5
    13. EURJPY / M5
    14. GBPCHF / M5
    15. NZDUSD / M5
    16. GBPNZD / M5
    17. EURNZD / M5

Requirements and recommendations

  • It is recommended to install the EA on one chart, you can enable and disable currencies in the settings.
  • The minimum recommended balance for the EA's use with the recommended pairs and timeframes - $1500 or $15 on a cent account.
  • 5-digit brokers.
  • VPS.
  • Download set file.


Parameters

  • EURUSD / M5 - if true, use EURUSD M5;
  • ...
  • EURNZD / M5 - if true, use EURNZD M5;
  • Magic_Start - ID of EA's trades.
  • Magic_Finish - ID of EA's trades.
  • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
  • Use_Risk_StopLoss - The risk-based stop loss.
    • Custom_balance - FreeMargin = false or Balance = true.
    • Percentage Risk — interest risk based on stop loss.
  • Fixed_Lot - fixed lot (if Use_Risk_StopLoss is false);
  • Order Type - trading direction;
  • Order Comment - comments to orders;
  • Slippage - allowed slippage before an order is triggered;
  • Show_Info_Panel - use the information panel (false - faster backtest);
  • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
  • Multi_Currency_BackTest:
    • true - use the multi-currency tester;
    • false - use the current currency and timeframe;
  • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
  • Max Spread - maximum allowed spread;
  • Stop strategy trend - disable trend-following trading for a certain time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread;
  • Economic news filter:
    • use_high(medium/low)_news - trade high/medium/low-impact news;
    • Select http or https - select Protocol to download economic news;
      • http 
      • https 
    • News_update_every_N_minutes - update news every N minutes;
    • Colors of news lines on the chart;
      • Show time on lines - show time for news lines;
      • Style/width_Lines - style/width of lines.

Trading within the week:

  • Monday - trade on Monday;
  • ...
  • Friday - trade on Friday.

Time trading within a day:

  • Use time - if true, the EA trades by time;
  • GMT setting - GMT settings;
    • GMT Auto ( only for real ) - automatic detection of the GMT shift (not for a tester);
    • GMT Mode - manual setting;
  • GMT_mode - GMT offset of the broker server time (0 - disabled);
  • Every_Day_Start - operation start time (hh:mm);
  • Every_Day_End - operation end time (hh:mm).

Time to disable on Friday:

  • Use time - if true, the EA trades by time;
  • Disable_in_Friday - operation end time on Friday (hh:mm).

-----------------------------------------------------

>>>> Our group in mql5: https://www.mql5.com/en/messages/016a118dc374d801 <<<<


Reviews 7
Nicolas Angelo Willeit
386
Nicolas Angelo Willeit 2019.01.15 21:27 
 

The best EA I have ever seen - great support and excellent profits I made so far

Keep up the good work!

Mike Geesing
918
Mike Geesing 2018.06.07 18:46 
 

So far the ea performs very good.

Igor Holko
2625
Igor Holko 2018.05.22 12:52 
 

Very very good. Profitable.

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Bogdan Ion Puscasu
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Experts
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Shengzu Zhong
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Experts
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Experts
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Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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5 (7)
Experts
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The Super scalper universal is a fully automated scalping Expert Advisor, which uses five indicators. Each open position is protected by a hidden stop order managed by an advanced modification algorithm. When searching for the suitable signals, the EA uses the integrated indicator in conjunction with the trend and time filters, as well as the volatility filter. It use dynamic position closure, which considers the location where the order had been opened and the subsequent price action. Profit is
Filter:
Chris Wilpert
746
Chris Wilpert 2019.02.25 04:01 
 

For the moment I would not recommend buying this EA. A 40% balance drop in February 2019 is not acceptable. The EA would need a very good time this year to get it back. For people like me, who just started in January 2019 it burned a lot of money. I would recommend to set it up on a watch list... I don't think the reasons is the Brexit. It is probably a bad time for the EA strategy. I hopefully can change this review in the future, but for the moment I don't use the EA anymore.

07.03.2019 Monitoring Signal was taken offline. Very sad, because you are not able to monitor further development. That bad for everyone who bought the EA already.

Brad1988
153
Brad1988 2019.02.16 19:55 
 

Author is attentive and EA is well made. Might be unusual market but EA has seen a minimum 35% drop in balance since 1st Jan 2019. Will update when author resolves problem and EA is profitable again. For now stay away.

Update: Author does not communicate an update and has not done the honorable thing and removed this EA from the market allowing for a refund.

Nicolas Angelo Willeit
386
Nicolas Angelo Willeit 2019.01.15 21:27 
 

The best EA I have ever seen - great support and excellent profits I made so far

Keep up the good work!

Cristobal Giron
837
Cristobal Giron 2018.08.17 16:35 
 

Good morning, it is clear that the huge difference between the profitability of the backtest and the disastrous results of this Ea, makes us see that it is probably an optimized code or even worse. Do you intend to return the money even if it is a partial refund?

Mike Geesing
918
Mike Geesing 2018.06.07 18:46 
 

So far the ea performs very good.

Igor Holko
2625
Igor Holko 2018.05.22 12:52 
 

Very very good. Profitable.

agopriarolo
391
agopriarolo 2018.05.20 09:42 
 

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