Market / MetaTrader 4 / Experts /

Alex Week

99 USD

Demo downloaded: 2 290

Published: 15 May 2014

Current version: 5.3

Alex Week

3.43

Experts
Aliaksandr Krauchenia
Version: 5.3
Updated: 18 April 2021
Activations: 10

The Alex Week Expert Advisor trades GBP/USD, EUR/USD, USD/JPY using pending orders only.

Pending orders are placed at the breakthrough of important levels, which are accumulated throughout a trading week.

Upon completion of the trading week, pending orders are deleted.

The main rule of the EA is to preserve and increase the account balance without large risks.

Unlike Alex Profis, this EA stores old signals for one week. It is very useful for a sharp change of trend.

The EA works on H1.

The Expert Advisor does not require a large deposit and can start working with $50.

Alex Week is fully automatic, does not require trader's interference.

It requires a low spread broker and VPS.

Expert Advisor monitoring: https://www.mql5.com/en/users/sania2010s/seller

The EA's Features:

no need in a large initial deposit;
only pending orders are used;
implements control over the amount of pending orders, depending on the size of the deposit;
each deal is protected by stop orders (Stop Loss and Take Profit);
additional check of stop loss and take profit's presence in case of connection loss when placing an order;
in case pending order's price slippage, stop loss and take profit levels are re-set at the next tick according to the specified parameters;
ability to move the order to breakeven;
position trailing stop is used;
both a fixed lot and a free margin percentage are used;
ability to set time limitations for the EA operation;
no martingale;
does not consume too much CPU resources.

Parameters:

TP - pending order take profit;
SL - pending order stop loss;
BBUSize - profit in points, at which the stop loss is moved to the break-even;
BBUSizepip - break-even size in points;
Magic - magic number;
UseTrailing - enable/disable trailing;
TrailingStart - profit in points, after which trailing starts;
TrailingStep - size of a step, by which the profit should increase in order to move trailing to the next stage;
TrailingStop - size of a step, by which the profit should decrease, so that an order is closed;
MaxRisk - risk for the deposit per deal;
Lots_fixed - fixed lot on/off;
Lot - fixed lot size;
Slippage - permissible slippage for opening an order;
OpenDay - the EA will start trading from this day;
OpenHour - EA operation start hour;
OpenMinute - EA operation start minute;
CloseDay - the day to close and delete all orders;
CloseHour - the hour to close and delete all orders;
CloseMinute - the minute to close an delete all orders;
NonFarmDay - delete orders before nonfarm (day);
NonFarmHour - delete orders before nonfarm (hour);
NonFarmMinute - delete orders before nonfarm (minute);
CheckMargin - accounting of orders depending on the level of the free margin;
Order_Comment - order comment.

If you have any question, please contact me before buying.

Please set up the work time of the Expert Advisor according to the work time of your trade server.

more...

2148

Plamen Ivanov 2017.07.18 08:37 #

It was one of my first non-martingale EA's. It was very good from 2014 to the summer of 2015, but then something happened. Waited too long for some improvements, but here there are. I have a feeling that the EA will be one of the best again. Started monitoring with Darwinex. Results are great so far!

RodeRunner 2016.07.11 11:02 #

i testet the EA for a half Year, very good EA with good price!!!

203

Gregory Oran Watson 2016.02.22 17:34 #

3 week review on 2 brokers, 3 live accounts.

Been trading for some time now. In the past only manual trader. Now my health stops me putting in the screen time needed for manual trading. This is a good EA but you need to analyse and understand how it trades & make a few mods to the set file to get a good result with your broker. Knowing how to do good back tests and how this EA does it's business is essential to developing a good set file for your broker. Then need fast & close coupled VPS, broker with very tight spread, good liquidity and very low commission.

Prefer to pay a small commission and get a ultra tight spread, which enables the EA to almost always get out with a profit on each trade than to pay no commission and suffer a much wider spread that may mean I miss closing the trade in profit. Can say my broker and set file eliminated the last 2 losing trades on the demo account that uses no commission but suffers a wider spread as a result. Bottom line is you always pay commission, either from a wider spread or upfront and get a much tighter spread.

Should add the current set file is ok for a no commission broker with moderate spread but is not what I would use on a commission broker with ultra tight spreads.

Alex Week works well.

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Alex Profis is a fully automated Expert Advisor for Forex trading. The EA uses the strategy based on price levels' breakout. The main rule of the EA is to preserve and increase the account balance without large risks. Therefore, the EA is in the market for mere minutes, sometimes seconds per day. The best results are achieved on GBP/USD, EUR/USD, USD/JPY. The EA works on H1. The product requires a low-spread broker with accurate order execution. Real account monitoring: https://www.mql5.com/en/u

99 USD

Alex Night is a fully automated Forex trading robot. Monitoring of the advisor's work. Peculiarities: It makes deals only between the American and Asian sessions. Each trade is protected by a stop loss and take profit. The EA does not use unsafe trading methods, such as martingale, grid, averaging. Easy to set up. Requirements: Recommended currency pairs: GBP/USD , EUR/GBP , EUR/JPY , GBP/JPY , GBP/CHF, EUR/AUD, EUR/CHF, CHF/JPY. An account with a minimum spread, commission and the

99 USD

BaLi is a fully automated Forex trading robot. Monitoring of the advisor's work. Peculiarities: It makes deals only between the American and Asian sessions. Each trade is protected by a stop loss and take profit. The EA does not use unsafe trading methods, such as martingale, grid, averaging. Easy to set up. Requirements: Recommended currency pairs: GBP/USD , GBP/JPY , EUR/AUD . An account with a minimum spread, commission and the best execution. Therefore, it is very important to set

99 USD

Cleopatra is a fully automated trading robot for the Forex market. Monitoring the work of the adviser. Version for MT5 Features: Analyzes the market for a rebound from significant price levels. Easy to set up. The Expert Advisor works only on the M1 timeframe. It has an advanced system of placing orders. Requirements: Recommended broker: with a minimum spread, commission and the best execution . Recommended currency pairs: AUDCAD. The minimum balance is $300 (when trading with lot 0.01). VP

99 USD

Cleopatra is a fully automated trading robot for the Forex market. Monitoring the work of the adviser. Version for MT4 Features: Analyzes the market for a rebound from significant price levels. Easy to set up. The Expert Advisor works only on the M1 timeframe. It has an advanced system of placing orders. Requirements: Recommended broker: with a minimum spread, commission and the best execution . Recommended currency pairs: AUDCAD. The minimum balance is $300 (when trading with lot 0.0

99 USD

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2148

Plamen Ivanov 2017.07.18 08:37 #

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:21 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

2733

Thomas Kjelvik 2017.03.30 08:12 #

Tried it live for almost a year. Did not perform as described and lost alot

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:21 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

chamb37 2017.03.27 18:29 #

User didn't leave any comment to the rating

182

Alexander Alfyorov 2017.03.23 07:32 #

Счёт с 5000 до 969. Советник в прошлую недюлю начал открывать около 10 ордеров за раз. Статистика такая - минус 40 а потом несколько ордеров по 2 в плюс. Тестировал 3 месяца.

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:22 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

AussieFX 2016.09.29 16:10 #

Don't waste your money until seller makes some updates. Market dynamic has changed for EURUSD and EA is no longer profitable like shown in the previews. Seller is unwilling to update or even bother to respond to basic questions. Like others have said there is potential with this EA however some changes need to be made for that to happen. Spread and slippage really limit it's profitability. Currently using on OctaFX.

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:21 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

971

Tobias Grosse 2016.08.30 07:25 #

Very good EA, good price.

I make profits with settings same as demo signal.

You may also modify some settings for lower DD, e.g.

SL 50

BBUSize=12

BBUSizepip=5

TrailingStart=20

TrailingStep=5

TrailingStop=8

Slippage=18

Look for a good broker and VPS!

I can recommend ActivTrades and CNS or MQL5 Virtual Hosting.

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Update 2016.04.15

after 6 months I used the EA I can still say: very good! no big DD, good profit. settings is all to talk about.

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Update 2016.08.30

I stopped the EA as the spread/slippage problem is unsolved. I get too many losses.

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:22 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

RodeRunner 2016.07.11 11:02 #

i testet the EA for a half Year, very good EA with good price!!!

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:22 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

traderiva 2016.04.26 13:19 #

Ok, i bought it and took standard settings on eurusd, it doesn't do as well as the demo signal elsewhere on mql5 signals, i monitored them next to eachother, i then found out that the signal is manually intervened, i was so upset to learn about that. Then started backtesting on nzdusd and gbpusd that works even better, since this week i modified my settings to breakeven at earlier stage, preventing losses as soon as possible, this may mean that it takes out my trade with small profit an then take of in the direction of the original trade, three stars, vendor does not correspond

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:22 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

686

Nauris Mucenieks 2016.03.05 16:18 #

It need some simple updates, a few extras - that would make this EA extremely volatile, since it has a lot of potential (and i'm using it the best way i can).

A VPS is a must, keep your spread/slippage low.

consulted with Mr. T Grosse, used the settings for a while - they're good - but i came up with the average of both default and Mr. T Grosse's settings :

TP 250

SL 125

BBUSize 21

BBUSizePip 8

TrailingStart 85

TrailingStep 77

TrailingStop 54

Risk Setting 10 % - 15 %

P.S.

never got too fond of the seller, he doesn't seem too eager to even reply to my messages, so my rating for the EA is 4/5, for support it's 2,5/5.

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:22 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

203

Gregory Oran Watson 2016.02.22 17:34 #

3 week review on 2 brokers, 3 live accounts.

Should add the current set file is ok for a no commission broker with moderate spread but is not what I would use on a commission broker with ultra tight spreads.

Alex Week works well.

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:22 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

596

Xiaoyang Sun 2015.12.06 05:39 #

Very good .

4476

Reply from developer Aliaksandr Krauchenia 2021.04.23 21:23 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

171

Habibo Mucuna 2015.06.29 14:18 #

Very Good

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:23 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

2467

Preeda Boonkhun 2015.06.19 12:46 #

Make big lost with small profit on real account.Anyone bought this EA. You must close EA and all pending orders before NEWS.

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:23 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

658

weesoh88 2015.04.07 00:32 #

This EA is similar to Alex Profit. Some of their trades are similar too. I happened to buy both of them before realizing this. But unlike Alex Profit, this EA stores old thresholds for one week, and this is very useful for a sharp change of trend. I have backtested it using 99.9% tick data for the period 2012.1.15 to 2015.3.31, and the balance increases from a deposit of $3000 to about $138,000. The drawdown was 33%. The EA uses "sell stop" and "buy stop" to open positions, just like Alex Profit.

--- If you are interested in reading my reviews about other EA and signals on MQL5.com, please refer to my profile page. ---

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Reply from developer Aliaksandr Krauchenia 2021.04.23 21:23 #

Hello. Thank you for your feedback. I have made some changes to the advisor. Hope it will be profitable. If you need additional activations, write in a personal.

880

gunal sen 2015.02.06 20:46 #

User didn't leave any comment to the rating

Version 5.3 2021.04.18

Обновлены некоторые функции эксперта.

Version 5.2 2021.04.10

Изменена логика работы.

Version 5.1 2021.04.08

Улучшена логика работы советника.

Version 5.0 2021.04.05

Изменена логика работы советника.

Version 4.1 2017.03.27

Updated the operation algorithm

Version 4.0 2015.03.18

- a comment to an order;
- fixed re-setting of the Take Profit level.

Version 3.0 2014.12.09

- Enhanced signal search.
- Improved trailing stop.

Description quality and completeness
Reliability and usability
User support