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Rapid Reaper EA

The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings.

Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex

Features

  • Fully automated
  • Drawdown risk control
  • Always a stop loss in place
  • Favors high margin accounts
  • Hedge accounts only
  • No Grids
  • No Martingale
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots – Starting lot. Values from 0.01 to 1.00.
  • LotIncrease – Last trade lot addition. Values from 0.01 to 1.00.
  • LotMultiplierPer - Starting lot increase per account balance. Values from 1000 to 100000.
  • LotMultiplierPerMax – Limit for lot increase per account balance. Values from 1000 to 100000.
  • LotMax - Maximum lot size for trades. Values from 0.01 to 50.00.
  • BadDrawDownRecovery - Enable drawdown recovery, true/false.
  • BadDrawDownRecoveryTrigger - The equity drawdown percentage that triggers recovery to be active. Values from 1 to 99.
  • BadDrawDownRecoveryResult - The equity drawdown percentage that triggers closure of all positions. Values from 1 to 100.
  • BadDrawDownRecoveryEquityGain - Gain of equity to close all positions. Values from 1.1 to 2.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • AllowNewTrades - Turn this off to disable new trade groups, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • TimeFrameHigh - Higher timeframe drop-down selection to lock EA trend identification to a timeframe.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TargetPips – The target gain in pips for groups of trades. Values from 1 to 100.
  • StepPips – The minimum pips against a trade group before opening another position. Values from 1 to 100.
  • StopLoss – Stop loss per trade in pips. This is only an emergency stop loss, should be set high. Values from 500 to 2000.
  • TakeProfit – Can be left as a high figure, positions get take profit updated by the averaging system. Values from 500 to 2000.
  • ExtraSpacingThreshold – Number of trades in a group to trigger increased position spacing. Values from 10 to 1000.
  • ExtraSpacingMultiplierStepPips multiplier when ExtraSpacingThreshold has been reached. Values from 1.1 to 3.0.
  • CounterThreshold – Number of trades in a group to increase lots size in hedged positions. Values from 5 to 1000.
  • CounterMultiplier – Hedged lot multiplier when CounterThreshold has been reached. Values from 1.1 to 10.0.
  • TradeOnSunday - Enable trading on Sunday, true/false.
  • BollingerBandEntry - enable bollinger band entry, true/false.
  • BollingerBandPeriod - bollinger band period. Values 1 to 100.
  • BollingerBandStdDev - bollinger band standard deviation. Values 1.0 to 5.0.


Optimization & Defaults

Default input values are for GBPUSD M5. If optimizing, optimization of LotIncrease, LotMax, TargetPips, StepPips are needed to find the best results. Use ExtraSpacingThreshold, CounterThreshold and BadDrawDownRecovery to counter drawdown.
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Mr Martin MT5   EA Mr.Martin   MT5  is a fully automated Expert Advisor that is designed for quiet, investment trading over a long period of time.  The Expert Advisor uses in its strategy the principles of averaging unprofitable positions, but due to the unique input system, several filters, and the deposit protection system, expressed in the   SL_percent_balans   parameter, is completely safe for your deposit. T he default settings are optimized to work on EURUSD M1  GMT+2  and can be used i
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Stenvall Mark III
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Gennady Sergienko
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LittleCrazy MT5
LittleCrazy MT5
PAVEL UDOVICHENKO
LittleCrazy MT5 is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits from $ 200. Timeframe: M15 Currency pairs: AUDNZD, NZDCAD, AUDCAD LIVE Signal: LittleeCrazyWay MT5 PROFITABILITY AND RISK The expected estimated profitability according to the backtest data is about 200% - 400% per year. The expected maximum drawdown is ab
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VR Smart Grid MT5
VR Smart Grid MT5
Vladimir Pastushak
VR Smart Grid is a multi-functional Expert Advisor for MetaTrader terminals that allows you to trade using an order grid. The Expert Advisor algorithm makes it possible to build smart grida both with the trend and against the trend. Trading with the trend is structured in such a way that each new order is opened only if the previous order has a Stop Loss in the profit zone. Trading against the trend is conducted in order to close unprofitable positions with a profit. The advisor has a large numb
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Carousel Triple Correlation MT5
Carousel Triple Correlation MT5
Stanislau Siatsko
Attention: this is a multicurrency EA, which trades by several pairs from one chart!  Therefore, in order to avoid duplicate trades, it is necessary to attach EA only to one chart, ---> all trading in all pairs is conducted only from one chart! Carousel_Triple_Correlation is a powerful tool that has no analogues on the market, and possibly the only automated system with an exclusive trading principle and with the capabilities that the system has. The Carousel_Triple_Correlation logic uses tripl
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London Pride EA MT5
London Pride EA MT5
Dmitrii Golubev
Price $399  Next Price $499  ====>  Live Signal https://www.mql5.com/en/signals/943610     London Pride is a high-end, totally automated Expert Advisor specifically devised to trade with GBPUSD currency pair. It is ideal for working on M15 timeframe. The EA uses sophisticated machine learning and self-adaptive algorithms to bring your trading performance to the next level. London Pride has shown sustainable growth patterns for the period 2003 – 2020, which sets our advisor apart fr
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Money Mind BTC
Money Mind BTC
Antonio Simon Del Vecchio
Money Mind BTC is an Expert Advisor that analyzes the setbacks in the price that Bitcoin experiences and takes advantage of these setbacks to enter the market and go for a certain profit. 8 purchases left & the price increases $180 This new version allows you to select the type of strategy that best suits your level of risk: Aggressive Strategy: Higher rate of return, assuming high risk. Moderate Strategy: Moderate rate of return, assuming moderate risk. Conservative Strategy: Low rate of return
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Exp TickSniper PRO FULL
Exp TickSniper PRO FULL
Vladislav Andruschenko
Exp-TickSniper -  high-speed tick scalper with auto-selection of parameters for each currency pair automatically. Do you dream of an adviser who will automatically calculate trading parameters? Automatically optimized and tuned? The full version of the system for MetaTrader 4:   TickSniper  scalper  for MetaTrader 4 TickSniper - Full Description   + DEMO + PDF The EA has been developed based on experience gained in almost 10 years of EA programming. The EA strategy works with any SYMBOLS. Th
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Galaxy EA mt5
Galaxy EA mt5
Evgenii Aksenov
GALAXY EA is a trading robot of INFINITY 2021 new generation optimized for   EURCAD, AUDCAD, NZDCAD M15. You can optimize and use EA for different FX pairs The EA has a multifunctional trading panel built in, which allows you to open orders in manual mode.   GALAXY EA   will automatically close opened orders by forming a series and closing the weakest orders with the strongest ones with a total profit. Real account results :  Live monitoring GALAXY EA has implemented the control of important ne
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Crypto Price Action EA
Crypto Price Action EA
Bjoern Tegetmeyer
Crypto Price Action EA is a trading robot specially designed for forex trading as well as trading crypto-currencies (as soon as the latter ones can be traded for reasonable spreads again). The EA uses the ATR indicator. A trade is opened when the price within a candle moves away from the opening price by an adjustable ATR factor ("Open trade factor"). Many currency pairs have the tendency of continuing a trend once it has started so that exactly the direction the price has exceeded the factored
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SIEA Max
SIEA Max
Daniel Stein
The keys to success in trading Forex are discipline, patience and a clear edge, as we have with our unique real trading volume analysis. That's our experience of 10 years of trading Forex, and all these key factors are summarized in the Stein I nvestments Expert Advisor (SIEA) series. SIEA MAX   provides a balanced risk-reward ratio and survives all market circumstances easily - even the most critical ones like Corona, Brexit, etc. The system's patience and discipline are rewarded with great
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Gold Dragon mt5
Gold Dragon mt5
Evgenii Aksenov
Monitoring real deals:  G old Dragon EA      Gold Dragon+ Gold EAgle Buying this Expert Advisor you get personal gift! Details in the DM Price will be kept high to lower the number of users for this system! Gold Dragon MT4  created for  Gold (XAUUSD) H1  trading. By measuring the power of the trend of Daily candles Expert Advisor trades only according to the trend You will need at least one month to objectively assess it in full. The robot may not open transactions for several days waiting fo
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Version 1.3 2018.08.07
Added TradeOnSunday option. Added BollingerBandEntry option.
Version 1.2 2018.07.06
FIxed bug when restarting MetaTrader.