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Rebate Virtual Grid

3

This is a Virtual Grid EA  with positive(for traders) slippage. I recommend it for pair EURUSD.

EA may be use as Rebate generator. Works ok during news and gaps (with depo >1000$).

Working timeframe M1.


Strategy

The system does not use regular takeprofits and stop loss. Martingale is not used. EA use unique indicator (for open "Zero").

Monitoring (5EAs)

_https://www.mql5.com/en/signals/508303

Parameters (one of the safest)

Rebate Virtual Grid

                         MM_Type    0  MM: 0-min lot, 1-percent of free margin
                If MM=1:  MM_Percent   0.5  % of free margin for first (each) order
Magic (base expert) 528  Set a unique number
 Max spread 0   Max spread (when "0" - the max spread is not limited)
                   Grid levels height    55   Grid levels height
Open mode 0   Open: 0-zero, 1-only buy, 2-only sell, 3-revers, 4-trend, 5-antitrend
           Profit in deposit currency    0.5   Profit in deposit currency
Open Hour 0   Start hour
Open minute 0   Start minute
Close hour 23   End hour
Close minute 59   End minute
                 Stop work Thursday?    false   Stop work Thursday? 
                  Thursday stop Hour     1  Thursday stop hour, if "stop work Thursday ?" =true
                    Stop work Friday?   false   Stop work EA in Friday?
                    Friday stop hour     1   Friday stop hour, if "stop work Friday?" =true


Trading Requirements

Caution is advised. In order to trade via this EA, you need the following:Closeby should be allowed.

  • A good broker, with low spreads and stop levels. 
  • For use on EURUSD M1 chart.
  • A good Internet connection.
  • A lot of stamina.
  • Works great on ECN or low-spread account (no more than 2 pips).
  • Closeby should be allowed your broker`s!!!

Recommended Minimum Deposit

  • For Standard Forex accounts - 200 USD with the minimum lot of 0.01.
  • For Mini Forex accounts - 1,000 cent with the minimum lot of 0.01.

Testing

It is better to test in real time, because positive slippage can only be seen on real quotes       

Virtual Grid EA can be tested on M1 EURUSD at all ticks in visual mode.


###DISCLAIMER###

This is written to assist in automating a current strategy, I am NOT liable for any funds lost during use.

Trading is a risky endeavour, ensure you backtest your strategy thoroughly or use a demo account before switching to real funds!





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EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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The indicator signals about "Impulse near!" or "Reversal point near!" The arrow-signal does not disappear and  does not redraw  after a bar closes. On next bar you may to open orders: buy stop && sell stop. Working timeframe: D1, H4, H1, M30, M15.  The indicator parameters  Momentum soon                                                                   Period1          18   Calculation period 1                                                                   Period2          37   Calculation pe
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Laurentiu Cirlan
500
Laurentiu Cirlan 2024.04.15 16:07 
 

I've just lost all my money from the trading account with this EA. I don't recommend.

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