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Martin Overlap Bot

Fully automatic trading strategy that does not use any indicators. This system is suitable for 4 and 5 digit brokers. At the very beginning of trading, two multi directional orders are placed with the lot specified in the settings. Then the martingale principle is included in the work. The orders are closed or by the specified take profit line (for purchases-blue, for sales-red) or a new order is opened at the specified distance from the previous one. Profit is achieved by closing the entire network of orders. For a more flexible adjustment to market volatility the EA has the ability to extend the distance between orders. The peculiarity of the expert Advisor is that the take profit levels for the broker remain invisible. Another feature of the expert - this is a decrease in the total floating drawdown, due to the overlap of losses of the initial orders with the profit of the latter.

Main expert settings:
Continue_work - Continue (true) or not continue (false) the trading cycle. In the Continue_work=false mode, the EA does not place new orders. The rest of the orders follow in the normal mode. They are closed in averaging or overlapping mode                                        according to the algorithm .
Lot - the Lot for opening the first order of the series

MaximalLot - the maximum allowable lot

MaximalOrders - maximum number of orders placed

ProfitOverlap - Profit from which the first and last order of the series is closed (in the Deposit currency)

TakeProfit - Take profit level for a series of orders (in points)

Step - Step (distance) between orders (in points)

Multiplier - The multiplication factor the lots next orders

Use_Multiplier_For_Distance - to use or not to use a multiplier of the distance between orders. true - use, false - not use.

Multiplier_For_Distance - multiplier of the distance between orders.

Magic - Unique identifier of orders (if set to 0, the EA will work with orders opened manually - I do not recommend)

Time Settings:

Use_time_settings - enabling/disabling of the restriction of trade in time

Start_Hour - Time to start trading. Written in the format HHmm (for example, 00:15 will be as 0015).

End_Hour - Time to stop trading. Is written in format HHmm (for example 23:55 will as 2355). After the end time, the EA will pause until the start time.

Risk settings:

Maximal_Drawdown - Maximum drawdown (in Deposit currency). After the occurrence of this event all orders are closed forcibly on the current chart.

Show_info - Showing dashboard

For convenience, I added a dashboard that shows statistical information about the current state of the account. On the panel you can see the settings that are currently running (this is done to exclude any user errors. For example, the same magic on different charts, etc.). If you want to stop trading, but the open positions remain on the chart, the EA will display a message in the information panel: "Stop trading; Positions in the process of closing". Once the robot will close all positions, then will appear the inscription: "All positions locked". After that, you can remove the expert from the chart. I added this for convenience, because several robots can work on one chart of one trading instrument. And before it was not clear whether the robot stopped working or not. Whose these positions are: the positions of a remote robot or another robot.


To diversify risks, I recommend using the expert Advisor simultaneously on different accounts that are open in separate terminals. For this purpose I increased the number of product activations to 10.

Thank you for your interest and good luck in trading!
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The Scalp Trader is trading with our own REAL MONEY. We are not relying on back-testing! We are confident in our knowledge and experience in the Forex Market!  Live signal monitoring :  https://www.mql5.com/en/signals/804846 Please note that the Backtest has been performed on MT5 terminal due to its ability to test different time frames and different currency pairs on the same time, however if you want to Backtest the MT4 version you can activate the single pair mode. Scalp Trader is a unique tr
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Bober Lannister
Arnold Bobrinskiy
Bober Lannister  - is fully automated crossplatform (mt5/mt4) EA which was developed as a night scalper. However after numerous researches  it's now possible to run this EA during full day with some traiding instruments. Live settings optimized by using real ticks data. Ea show good performance with gbpusd eurchf audcad audnzd usdcad. Also it's possible to run multi set setup like few sets with one pair at the same time.  Backtest: it's better to download free demo Bober Lannister MT5 to have
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GerFX Forex Cyborg
Exler Consulting GmbH
Forex Cyborg is a established expert advisor since 2017 on the market. There is a huge number of customers that trust in Forex Cyborg already and now it's newly available here on the MQL Store. Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability.  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) An
650 USD
Theorem
David Zouein
Theorem EA Analyzes the market and auto determines the entry levels based on the finding of price fluctuations in quiet periods. The direction of the trade is determined by the EA's clever adaptive system. The most powerful part of the EA is the Smart Auto-Close function that has been developed after many years of market experience, it tracks TP/SL breakouts of the open trades and auto-closes them according to market conditions, this means that the TP/SL levels are dynamic and not static. Above
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ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
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ZeryEA
Quang Nguyen Dien
ZeryEA is a fully automated Expert Advisor based on scalping when indicated the market makes a fast movement. EA can work with any pairs, but It is recommended for GBP/USD, EUR/USD, EUR/JPY with M1. Expert Advantages NO: Grid, martingale, hedge & arbitrage. YES: Stop loss is always for every orders. LOW: Average position holding time. MIN: Drawdown, initial deposit. Parameters Auto lot enable (true/false): Auto lots calculate on margin account. Risk percent: when enable auto lot. Fix Lot Min
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Adaptive Force
Andrey Kolmogorov
The adviser algorithm is based on the search for a certain market condition in which the gain, from predicting the further price movement, gets a mathematical advantage. Market data processing uses an adaptive algorithm. Recommended broker for Adaptive Force Signal: https://www.mql5.com/en/signals/742904 Sets are in the "Comments" section comments #1. Main Advantages Starting deposit from $ 100; Designer of unique strategies; Adaptive algorithm; Multilevel model of a quantum set; No need to tur
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Belkaglazer
Dmitriy Shal
Belkaglazer EA  is a fully automated Expert Advisor for creating diverse long-term trading strategies in different markets:  FOREX ,  FORTS ,  Crypto ,  Indices . It is designed for professional algorithmic traders. The EA is based on 4 models with clear logic: PriceChannel , Pivot , PriceAction, PRNG ; This is a sophisticated platform that can trade momentum, breakout, counter-trend, mean-reversion, scalping, and other strategies depending on settings or set-files; Supports Limit / Stop / Marke
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SmartHedge
Vladimir Khlystov
The EA compares two instruments and opens opposite positions when these instruments diverge. Further, when the instruments converge, the EA closes positions on the total profit. The EA works on any instruments. Select couples can be on the table. Advisor enough to put on one pair of bundles. For example, for trading on GBPUSD — EURUSD, it is enough to put the EA on GBPUSD or EURUSD. On the chart, the EA draws both currencies and the bars indicate the distance between them. The parameters of th
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Reversal Overlap Bot is an automated trading strategy. No technical indicators are used in the work. At the beginning of trading, the first order is placed in a certain direction (at your option). When you open a new candle, this order is closed if it is in profit. Otherwise, the next order opens in the opposite direction. Orders are closed when profit is reached. If there are unprofitable orders on the chart, the robot will close one of them. When closing loss-making orders, the profit covers t
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Martin Overlap Bot MT5
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REAL ACCOUNT MONITORING HERE -    https://www.mql5.com/ru/signals/806730 This is a trading adviser  https://www.mql5.com/ru/market/product/32155  , adapted for the MT5 trading platform. I used only one difference between both versions of my EA: it is tactic of closing positions on take profit. In the MT4 version, my goal is using of points. In the MT5 version, my goal is using the Deposit currency. This trade expert works only with account`s type HEDGING. It will not work in the account`s type
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Spiros Galiatsatos
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Spiros Galiatsatos 2018.10.16 16:19 
 

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Version 3.650 2020.06.22
Updated the broker's quote data handler.
Version 3.5 2020.06.20
Added setting for extending the distance of the order network-Multiplier_For_Distance.
Optimized algorithm, optimized memory consumption.
Version 3.3 2020.04.28
Optimized algorithm, improved performance
Version 3.2 2019.01.29
Added ability to enable / disable time limit
Version 3.1 2018.11.20
Performance improved
Version 3.0 2018.11.18
The algorithm was optimized
The protection against requotes was improved
The performance was improved
An option that limits the number of orders placed was added
Added the dashboard
Version 2.2 2018.10.08
Noticebly improved performance.
Version 2.1 2018.10.07
Improved performance.
Version 2.0 2018.10.07
Version 2.0
Added the ability to continue or not to continue the trading cycle. If you do not continue the market orders are closed in the normal mode and new ones are not placed.
Added the ability to start and pause the EA at the specified time.
Added the ability to close all market orders when the drawdown specified in the settings is reached.
Improved performance.