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Serenade

The autonomous trading system Serenade works on the basis of a unique strategy for determining impulse movements after false breakouts and price rollbacks for a subsequent strong movement.

The Expert Advisor has been successfully tested with 99% quotes quality, floating spread and random ping since 2010.

MT4 version of the advisor is available here: https://www.mql5.com/en/market/product/38287

Advisor optimization is not required. In the process, the algorithm of the adviser adjusts the sensitivity of the strategy.

This is NOT a scalper, NOT a martingale, NOT a grid.

Each position of the adviser is protected by stop loss.

Recommended:

  • trading instruments (TF 5m): GBPUSD, EURUSD;
  • VPS;
  • low spread.

Settings:

  • MaxRisk - Risk for calculating the trading lot;
  • if MaxRisk = 0, Lot will be - If Max Risk = 0, the lot will be like this;
  • Take Profit - Take Profit;
  • Stop Loss- Stop Loss;
  • MaxLot - Maximum lot;
  • Trailing Start - Start trailing stop;
  • First Trailing Level - The first level for stop loss;
  • Trailing Step - Trailing stop pitch;
  • Use the adviser's working time? - Use working time?
  • The hour of commencement of trade - Hour start trading;
  • Minute of commencement of trade - Hour start trading;
  • Hour of the end of trade - Hour of the end of trade;
  • Minute of the end of trade - Minute of the end of the trade;
  • Comment to order - comment to the opened orders;
  • Slippage - Maximum slippage;
  • Max Spread - Maximum Spread;
  • Magic Number - Magic number.
gilbertzhuo
62
gilbertzhuo 2019.12.02 10:00 
 

Backtest is great, where I made a decision to rent the bot.

However, the bot has been placing really dumb trades, non of my trades were profitable.

I did not touch any of the settings and my timechart is 5m with low spread.

Turn on (Every tick based on real tick)

This will show how bad the bot actually is

--Update--

I have receive threats by the author to provide a 5 star review :)