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  • Reviews (4)
  • Comments (30)
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River EA


Moving Averages & Fibonacci Levels.

River EA is a trading system based on an original algorithm of price movement between MA levels. Long-term stability of the strategy is ensured by strict money management using stop-loss for each order.


Features

  • No dangerous & risky strategies
  • Split Mode, Trailing & Dynamic Stop
  • Manual-, Auto- & Risk Lot
  • Strict money management


Description & Presets 


Monitoring 


Recommendations

  • Min deposit: $100
  • Recommended deposit: $500+
  • ECN account: Forex Chief DirectFx
  • Leverage: 1:400+
  • Fast VPS: TradingFx VPS
  • Rebate: FxCash


Default settings

  • Pair: GBPUSD
  • Timeframe: H1
  • Time: GMT+3


Input parameters

  • Magic - magic number
  • Comment - comment
  • Slippage - max slippage, point
  • Lot Max - max volume of every position, lot
  • Spread Max - max allowed value of the spread for opening / modifying / closing a position, point
  • Range Min - min allowable value between MA, point
  • File Name - data storage file name, must be different for each chart, if empty the name will be automatic (path C:\Users\[UserName]\AppData\Roaming\MetaQuotes\Terminal\[Terminal]\MQL5\Files\[filename.bin])
  • Timeframe - timeframe
  • Direction - allowable positions type
    • LongAndShort
    • OnlyLong
    • OnlyShort
  • --- Volume ---
  • Volume Type 
    • LotManual - based on Lot Main
    • LotRisk - based on Factor Risk
    • LotAuto - based on Factor Auto
  • Lot Main - main lot (valid with LotManual / LotAuto), lot
  • Factor Risk - max allowable loss for each position in % of AccountBalance (valid with LotRisk), %
  • Factor Auto - account funds per each Lot Main value, lot = ACCOUNT_BALANCE / Factor Auto * Lot Main (valid with LotAuto), $
  • --- Levels ---
  • Startlevel - level to open a position, %
  • Takeprofit - takeprofit, %
  • Stoploss - stoploss, %
  • --- Time ---
  • Hour Start - hour to open a position, hour
  • Hour End - hour to stop opening a position, hour
  • Hour End Friday - hour to stop opening a position on Friday, hour
  • --- Indicators ---
  • MA Period - period of MA
  • MA Method - method of MA
  • Stoploss Type
    • Regular - hard stoploss
    • Dynamic - floating stoploss
    • Trailing - trailing stop
      • Trail Start - start level of trailing stop, %
      • Trail Stop - distance of trailing stop, %
  • --- Split ---
  • Split - enable/disable
  • Split Start - start level of Split mode, %
  • Split Step - step of Split mode, %
  • Split Lot - percent of the remaining order volume closed at each step, %
  • --- Graphics ---
  • Color Buy - color of FiboUp
  • Color Sell - color of FiboDn
  • Color Startlevel - color of Startlevels
  • Display Trades - enable / disable to display the trades


      River EA MT5


      Follow & Join

      Reviews 4
      Ahmad Fauzy
      190
      Ahmad Fauzy 2020.02.21 13:56 
       

      Great EA, consistent profit and no martingale..

      Nurvedi Eko Hadi
      34
      Nurvedi Eko Hadi 2019.09.29 16:18 
       

      I bought it not long ago and so far have good result.

      krassi2305
      507
      krassi2305 2019.09.15 20:35 
       

      So far so good. Good Results! Thank you Aleksei!

      Update: very good Results. Aleksei is the best!

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      Filter:
      Ahmad Fauzy
      190
      Ahmad Fauzy 2020.02.21 13:56 
       

      Great EA, consistent profit and no martingale..

      Nurvedi Eko Hadi
      34
      Nurvedi Eko Hadi 2019.09.29 16:18 
       

      I bought it not long ago and so far have good result.

      krassi2305
      507
      krassi2305 2019.09.15 20:35 
       

      So far so good. Good Results! Thank you Aleksei!

      Update: very good Results. Aleksei is the best!

      TrudeauG
      341
      TrudeauG 2019.09.13 10:51 
       

      I bought River expecting it to be as profitable as Candelabrum has been for the last year. So far, I'm not disappointed. The results are very positive.

      Version 4.20 2020.05.23
      Code optimization
      Version 4.10 2020.05.12
      Bugs fixed
      Version 4.0 2020.05.04
      Data storage file
      Default settings: eurusd H1
      Version 3.0 2019.08.25
      Added Reverse and Auto Stoploss features
      Version 2.0 2019.08.18
      Added
      - Direction - trading direction
      - Global Variables
      Version 1.10 2019.08.13
      bug fixed