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Abra Kadabra Pro MT5

  • 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
  • You can use either direct TP & SL with virtual properties or Trailing and Breakeven settings to make EA suits your requirements.
To know how to use every parameters and how to adjust the EA please read the guide from HERE (reading this guide is mandatory)


Settings

  • Magic Number: All Pairs can have the same magic number but reserve the following 5 number 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
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  • 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. For example: if you entered 30% and your capital is $1000, your Free Margin will be lowered by $300
  • Volume Upper Limit: Max Lot can be calculated
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  • Trailing: Enable/Disable
  • 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
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  • BreakEven: Enable/Disable
  • 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
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  • Martingale: Enable/Disable
  • Max Martingale trades: Max are 4 trades
  • Multiplier: This number will be multiplied in last trade lot size to give martingale 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, ( Don't ever make it zero )
  • Accumulative SL: As above but for loss
  • Separated TP: Each Martingale trades will have its separated TP in pips ( Disabled=0 )
  • Separated SL: As above
  • Comment1: Comment for 1st Martingale trade
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  • 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
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  • Other Options
  • Max Spread: This will be your Max Spread to open a trade, if your current spread was higher than this one then the trade will not be opened
  • 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: Show the Status of the EA
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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