• Overview
  • Reviews (1)
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Silver Line Lite EA

This Expert Advisor is a light version of the Silver Line EA and is optimized exclusively for EURGBP. If you will use the EA on other pairs, you need to optimize the settings for best result.

The EA automatically determines the number of digits in quotes. The expert advisor can work on standard accounts, ECN, cent and micro accounts.

The timeframe on which the expert advisor works is defined in the settings. Therefore you can put any period  on the chart or change it during work, the result is not affected.

The recommended leverage is 1:500 (1:400).

The monitoring of the EA on a real account you can see by the link.


The default settings are optimized for the EURGBP pair.


In the Expert Advisor, two variants of the trailing stop are implemented. Classic and trailing stop on the previous bar.

Thus, Trailing First Order Mode and Trailing Other Orders Mode parameters can take three values.
  • Disabled - trailing stop is disabled.
  • Standard - the standard (classical) variant of the trailing stop.
  • Previous Bar - trailing stop on the previous bar. 

The standard trailing stop includes the parameters: Trailing Stop and Trailing Step.

Trailing stop on the previous bar uses the parameters: No of Previous Bar and HighLow Price Shift.

The expert advisor can open orders using a dynamically calculated lot value. In this case, the lot will depend on the size of the deposit and on the value of the risk parameter. I recommend the risk parameter to choose no more than 0.6 with a deposit of at least 2000 units.

You can also use a fixed lot size. In this case, all the first orders in the chain will be opened with the specified lot size.


To prevent the opening of the orders in the period release of strong news or just before the market closes, the adviser has a spread filter. This filter is disabled by default.


The minimum recommended deposit is about 2000 USD on standard accounts.

With smaller amounts of deposit, you need to use cent accounts or micro accounts.


Parameters:

  • Risk - the risk value. Used to calculate the dynamic lot size of the order;
  • Fixed Lot Size - fixed lot size. If set to 0, the EA uses the dynamic lot size;

  • Spread control - enable/disable spread filter;
  • Maximum spread - maximum allowable spread;

  Buy and Sell Section

  • TP for Single order - expected profit for a single order, in points;
  • TP for 2 orders - expected profit with two open orders, in points;
  • TP for 3 orders - expected profit with three open orders, in points;
  • TP for 4 orders - expected profit with four open orders, in points;
  • TP for 5 orders - expected profit with five open orders, in points;
  • Min Candles - minimum time between the orders, in minutes;
  • Min Distance - minimum distance between the orders, in points;
  • Min Range - minimum allowable deviation of the indicator;
  • Period - period of the indicator;

  Trailing Stop Section

  • Trailing First Order Mode - the used variant of the trailing stop for the first order;
  • Trailing Other Orders Mode - the used variant of the trailing stop for all orders except the first;
  • No of Previous Bar - number of the bar that will be used as the stop loss price;
  • HighLow Price Shift - shift of the stop loss price from the previous bar's price;
  • Trailing Stop - profit to activate trailing stop, in points;
  • Trailing Step - step of trailing stop, in points;

  • Work Timeframe - working timeframe;
  • Slippage - maximum allowed price of slippage, in points;
  • Order's Comment - comment of the Expert Advisor's orders;
  • Magic Number - unique number of the Expert Advisor's orders (any number);


For any questions please send me a private message. I will be glad to help you.

Reviews 1
Natasha Diedericks
3522
Natasha Diedericks 2020.06.14 12:32 
 

Thanks

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Super   Cyber Monday   Discount   Only Today, 50% OFF! Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, the
145 USD
Trend Line GRID mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!! 🏃   🏃   🏃 Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $98 (next price --> $149  --> $199) This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 The User's manual:   here   📢   Telegram:   https://t.me/   INFINITY_PRO_ED   📈  Real account signals:     here 🔥🔥🔥   Promo "Buy one Get one free  
98 USD
Falcon Scalper Pro
Michela Russo
Super Cyber Monday   Discount   Only Today, 50% OFF! Falcon Scalper Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades in all session.   Backtest Now! Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Bee Crazy Pro ! (All future updates included) -> To Receive it, P
145 USD
Billion Idea
Dhanaraj
  💎 💎 💎 💎 💎 Welcome To Billion Idea (BI) Expert Advisor (Trading Robot) 💎 💎 💎 💎 💎 HOLIDAYS OFFER PRICE $ 99 (ONLY 2 COPIES LEFT)  Billion Idea (BI)  EA is a Safe Scalper System   for Trading on Forex. Exclusively developed for GBPUSD Pair . BackTest Now !   The EA enters the market with certain unique conditions. The EA is based on Unique Strategies, and NOT Uses MARTINGALE, GRID and other Dangerous Strategies . All Deals are covered with Tight Stop Loss and Optimized Take Profit leve
99 USD
Stenvall Invest
Gennady Sergienko
default settings:     EURUSD M5 email:                    lleonea.com@gmail.com telegram for pm:    @leontolstoy This is a fully automatic trading robot that does not require the intervention of a trader is divided into control blocks that contain more than 70 smart functions for controlling the trading process. ✔ How is Stenvall Invest better than others ? ☑ We do not use a beautiful word with pictures, Stenvall Invest is really a technological robot that has a complex code. Read about
1 199 USD
Turtle Scalper Pro
Michela Russo
Super   Cyber Monday   Discount   Only Today, 50% OFF! Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Gold Butterfly Scalper Pro ! (All future upda
145 USD
GerFX Density Scalper
Exler Consulting GmbH
BLACK FRIDAY PROMOTION  IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movemen
1 700 USD
Golden Ticket
Ramil Minniakhmetov
  Golden Ticket   works on the WPR indicator - which allows you to determine the oversold and overbought conditions of an asset and enters at possible reversal points. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Recommendations Recommend pairs EURUSD  Time Frame  M15  Recommend deposit  1000 usd or 1000 cents  Recommend settings   Default settings XAUUSD here Inputs Value New Cycle  —   whe
69 USD
Immortality
Nguyen Hang Hai Ha
BLACK FRIDAY ! SALE OFF 30% FOR 10 BUYERS AT $ 48 ! Only 4 purchases left ! Next price $ 68 Expert Advisor  Immortality  uses unique entry and exit strategies to trade with high probability and low risk. EA is designed to be easy to use, it has 5 settings for 5 currency pairs (EURUSD, AUDUSD, AUDJPY, EURJPY, USDJPY) and the Manual Settings option. Monitoring : https://www.mql5.com/en/signals/798736 If you do not have much experience in EA, use the 5 available settings for 5 currency pairs. " Se
48 USD
Pinpoint EA
Ryan Brown
Black Friday and Cyber Monday Sale! -20% off through November 30th!  The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! The Pinpoint trades on the GBPUSD and EURUSD M15 timeframe ONLY! Makes sure and change the
277 USD
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Natasha Diedericks
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Natasha Diedericks 2020.06.14 12:32 
 

Thanks

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