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Martin Overlap Bot MT5

REAL ACCOUNT MONITORING HERE 

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 NETTING. Another nice feature of my EA is the most optimized algorithm which allows you to test on the history in a few minutes (unlike the version for MT4). I added the option to increase the profit depending on the number of positions in the market, to ensure the most flexible adaptation to the trading instrument used.

It is a fully automatic trading strategy that does not use any indicators. EA is suitable for 4-and 5 - digit brokers. At the very beginning of trading, two multidirectional positions are set, with the initial lot specified in the settings. If the market does not follow the right direction, new positions are opened at the specified distance from the previous ones. Profit is achieved when the entire network of positions is closed at the specified Take Profit level. The peculiarity of the EA is that the Take Profit levels for the broker remain invisible. Another feature is the reduction of the total floating drawdown, due to the overlap of losses of the initial positions with the profit of the latter.


General EA settings:

Continue_work - this parameter specifies whether the EA should start a new trading cycle. If it is true, new positions are opened after the old ones are closed. If it is false, the EA processes and closes the remaining positions in normal mode, but does not open new ones. This parameter can be changed while the EA is running using the F7 key, the General trading mode will not be violated.

Lot - the Volume of the lot that opens the first position in the trading cycle.

Maximum_Positions - the Maximum allowed number of open positions.

Profit - Profit with which all positions in a certain direction (BUY or SELL) should be closed.

Multiplier_Profit - profit multiplier (the condition for closing the specified profit in the Deposit currency increases in direct proportion to the specified multiplier).

Step - Distance (in points) between positions.

Multiplier_Positions - Multiplier of the volume of the next position in the trading cycle.

Magic (default 0) - a Unique position ID that the EA uses to "recognize" its trades. If this parameter is set to "0", the expert Advisor will" pick up " the positions placed manually and close them with a profit, then continue trading according to the algorithm.

Show_Info - show or not the information window.

Risk-management:

Maximal_Lot - the maximum allowed volume value, the limit for trading in lots. If the strategy conditions require a position with a lot greater than the specified one, the position will be set with the Maximal_Lot value.

Use_Overlap - whether or not to use loss overlap with profit.

Numbers_positions_to_overlap - from which position on the account, in a certain direction, to start covering losses with profit.

Overlap_Profit - the amount in the Deposit currency used to close the first and last positions in the grid.

Use_Maximal_Drawdown - use or not following the value of the floating drawdown of the account to close all positions.

Maximal_Drawdown-value in the Deposit currency for closing all positions in the market.


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

Thank you for your interest and good luck with your trading!


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Diamond Artificial Intelligence This EA is only available on MQL5.com and if you are purchasing it anywhere else it is fake and I wont be responsible for its problems and there will be no support. Special Offer: 3 copies available at 229 USD, then the price will go up to 269 USD (earlier user will get lower price, starting price was 99 USD)   Diamond AI is a combination of 10+ years of reading and coding experience of a team who dedicated their lives to bring a new generation of Expert Advisors
229 USD
Gold M stops
Noorullah Aimaq
3.67 (6)
SPECIAL LAUNCH PROMO next price : $750 (only 1 copy left at current price) GOLD M STOPS Expert Advisor  is a fully automated forex trading robot designed to work on the XAUUSD ,AUDUSD ,USDCAD ,EURUSD ,GBPUSD and AUDCAD currency pairs and it is also optimizable for other currency pairs. The strategy based on breaking through price levels and Market Time , each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart.  The trading syst
600 USD
Superbot
Vladimir Chamin
Superbot allows you to turn Metatrader5 into a software package for creating and testing trend and reverse trading systems on the derivatives and stock markets of  Moscow Exchange and Chicago Mercantile Exchange. It has five modes : Constructor : manually assemble a strategy from the available blocks; Generator : using genetic optimization you can automatically generate trading systems; Stress testing : allows you to test the created strategy using the Monte Carlo method and Walk forward analysi
500 USD
Aura Pro
Stanislav Tomilov
5 (2)
Aura Pro is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter which value is used to control the learning process. By contrast, the values of other parameters (typically node weights) are learned. The same kind of machine learning model can require different constraints, weights or le
295 USD
Hunting Cat Scalper   is a fully automated trading robot on mainly   USDJPY.   It well identifies potential breakout levels in certain price patterns and then trades along with the breakouts.  Current price: $349 Next price --> $519  Live signal: Set A :  https://www.mql5.com/en/signals/1039521 Set B (Main):  https://www.mql5.com/en/signals/1072005 Main Features Identifies breakout levels in price patterns  Resistant to high ping environment  Calculated hedging mechanism (Set B) Pending orders t
349 USD
LittleCrazy MT5
PAVEL UDOVICHENKO
5 (3)
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
289 USD
More from author
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
720 USD
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Version 2.11 2020.07.31
Обновлен алгоритм. Улучшена производительность.
Version 2.9 2020.05.04
Refactoring logic, increasing the speed of testing and optimization