• Overview
  • Reviews (4)
  • Comments (9)

Convergence Pro

4.5

Convergence Pro is a fully automated expert adviser that uses a model of trading designed to find entries at retraces, retrace extremes, and reversals. A safe multiplier is employed in order to recover unprofitable trades and maximize profit. This EA is always trading, relying on the convergence of trend exhaustion points at multiple time frames to take advantage of reversals. 

Convergence Pro is currently designed to work on the M30 timeframe

Demo signal currently resides here:  https://www.mql5.com/en/signals/616943

Recommendations

  • The minimum recommended deposit is $3000
  • Recommended pairs: EURUSD
  • Timeframes: M30
  • Use an ECN-broker with fast order execution.
  • For reliable and trouble-free operation it is recommended to use a VPS.

Parameters

  • Max_Slippage - Maximum amount of slippage.
  • Max_Basket_Size - Number of open trades to be closed as a group. Additional trades will be closed in pairs as least/most profitable.
  • Basket_Profit_in_money  - Amount of money desired per closed basket.
  • Minimum_Distance - Minimum number of pips away from previous trade required before scanning for another potential entry, expressed as a negative (-).
  • Autolot_Balance - Balance used for starting position of 0.01 lots.
  • First_Trade_Profit - Amount of money desired to close a single open trade.
  • Lot_Multiplier - Multiplier available for additional corrective entries.
  • Drawdown_Max - Maximum percentage of drawdown required in order to initiate Hedge Protection Mode. Only works if Hedge_Protection is True.
  • Hedge_Profit - Amount of profit desire for each pair of trades closed on a hedge order. Only works if Hedge_Protection is True.
  • Hedge_Basket_Size - Minimum number of trades required in order to place a hedge order. Only works if Hedge_Protection is True.
  • Hedge_Protection - Protection Mode that can be useful in hyper-extended trends when in significant drawdown. Default is set to False.


Reviews 4
Ramazan Turkhan
1874
Ramazan Turkhan 2020.11.01 10:28 
 

perfect

Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.21 10:12 
 

Good job.

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Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t
EA Black Dragon
Ramil Minniakhmetov
4.78 (475)
EA Black Dragon runs on the Black Dragon indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller      Inputs Value  ·          Open new series – True/False – EA will open another series of orders (enable/d
AW Classic MACD EA
AW Trading Software Limited
3.67 (3)
Fully automated trading system. A classic indicator is used as signals   MACD , which combines a trend indicator with an oscillator to detect entry points. Uses averaging, the function of closing the first and last basket orders and the function of automatic lot calculation. Has an advanced dashboard and three types of notifications. Problem solving ->   HERE  / MT5 version ->  HERE   /   Instruction  ->   HERE   Benefits: Fully automated trading system Easy setup and intuitive panel interface
Btcusd Grid
Ahmad Aan Isnain Shofwan
BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp
This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
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Ranger PRO
Todd Williams
Ranger Pro is a fully automated expert adviser that detects and takes advantage of ranging price action and make precise entries based on several indicators including RSI and Moving Averages while also utilizing price action to filter out false signals. Ranger Pro can either be set to avoid strong trends, trade with the trend, or both. User settings can range from conservative to moderate to aggressive with a minimum account balance of $400. Set files are available in Comments. Ranger Pro is cur
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Miguel Jimenez Cordero
6764
Miguel Jimenez Cordero 2021.03.21 10:12 
 

Good job.

Ramazan Turkhan
1874
Ramazan Turkhan 2020.11.01 10:28 
 

perfect

Andrei Toader Micu
603
Andrei Toader Micu 2020.06.30 19:34 
 

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JuanMargolez
22
JuanMargolez 2019.08.07 17:32 
 

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