• Overview
  • Reviews
  • Comments
  • What's new

Abra Kadabra Pro MT5

  • Limited Offer >> Click Here

    • Abra Kadabra is a Scalping Expert based on hunting the reversal of the major trends where the price is exhausted and must recover a little bit.
    • The landmark here is diversion of risk, where the EA will trade up to 29 pairs simultaneously, trying to get you only few trades from each so you will only get 1-2 ultra-filtered trade every day.
    • The EA uses multilevel complex algorithm and multitimeframe analysis to determine when a specific trend will be exhausted and rebound. When the Price reverses it will scalp a few pips before the trend continues on its way.
    • To make the EA very safe, we have added a very strict system to filter the required trades, so some pairs may have only one trade per month or even 5-6 trades per year.
    • Modified Martingale system added with option to only open trades upon signal to make it as a reserved recovery system

      *To know how to use every parameters and how to adjust the EA please read the guide from HERE (reading this guide is mandatory)

      * Take a look about My choice of broker for this EA from Here

    • Settings

      • Magic Number: All pairs can have the same magic number but reserve the following five numbers for Martingale trades
      • TakeProfit: In pips
      • StopLoss: In pips
      • Enable Virtual Stops: make TP and SL only virtual on chart as a virtual line
      • Add Emergency Stops: add number of pips to your virtual TP and SL to be real (hard) TP and SL in case the terminal is closed
      • Max Trades : limit the global number of trades in the whole account
      • -------
      • Lots Calculation
      • Lots Mode: Choose whether being Fixed or Automatic
      • Lots: For Fixed option
      • Risk % of balance: Calculated from StopLoss
      • Freeze % of Balance: this option will give you a lot size that will lower your Free Margin by that specific percentage.
      • Volume Upper Limit: Max Lot can be calculated
      • -------
      • Trailing
      • Trailing Activation: after how many pips in profit the trailing should start
      • Trailing step: adjust the trailing level every time the price move this amount of pips
      • Trailing Level: How many pips will be the distance between SL and the current price
      • ------
      • BreakEven
      • BreakEven Activation: after how many pips in profit the breakeven should start
      • BreakEven Level: How many pips will be the distance between SL and the opening price
      • ----
      • Martingale: 
      • Max Martingale trades: Max are four trades
      • Multiplier: This number will be multiplied in last trade lot size
      • MartingaleStep: After how many pips the EA should open Martingale trade or look for signal to open
      • Upon Signal: opening of Martingale trades to be upon signal or instant after Martingale Step
      • Accumulative Stops: TP and SL will be the sum of all Martingale trades plus the original one
      • Accumulative TP: This number is in Currency (do not ever make it zero)
      • Accumulative SL: As above but for loss
      • Separated TP: Each Martingale trades will have their separate TP in pips (disabled=0)
      • Separated SL: As above
      • Comment1: Comment for the first Martingale trade
      • ----
      • Correlated Pair Settings
      • Max USD : The max number you want to buy or sell USD across all pairs
      • USD Base Pairs : edit the pairs to suit ur broker
      • USD Quote Pairs : edit the pairs to suit ur broker
      • Similar settings for all currency
      • ----
      • Time Filter
      • Start Time: in hours (0 means open hours)
      • Stop Time: in hours (0 means open hours) (ex: start > 8, stop > 20)
      • Weekdays filter: choose in which days you want to trade
      • ------
      • Other Options
      • Max Spread: This will be your Max Spread to open a trade
      • Max Slippage: This will be your Max Slippage to open a trade
      • Comment: Enter Here your preferred Comment
      • Spread Meter: A meter that will display on the chart to show you the Current, Max, Min and Average spread
      • Status
      • SL Notification


No reviews
Version 1.5 2018.10.28
1- Modify The approach for all pairs , Now the decision for making trades has become more precise specifically

2- Integrated Solution for Hyperactivity happened in the first week of any new account ( Please Revise The Guide to know how to activate it )

3- Put a Mobile Notification for Specific SL level you define in settings

4- Remove Dailyfx.com as source of News

5- Put a switch to enable or disable messages to remind you of News Filter URL

6- Fix Martingale bugs

7- Accumulative Stops now only work with Martingale

8- There will be a space between trades , there will be no trades opened immediately after closing the previous ones

9- Adding a whole new option making you capable of limiting the number of trades on the correlated pairs ; for example : now you can only buy USD once in all 29 pairs and no more orders to buy USD will be allowed whatever the pair

10- Now you can limit the global orders number on the whole account
Version 1.1 2018.06.26
1- All Pairs now can have the same magic number
2- Fix Trailing and Breakeven Settings
3- Added Martingale system