• Overview
  • Reviews (3)
  • Comments (4)
  • What's new

Fair Signal EA


Price of the EA follows Equity value of the real signal Monitoring of trading by Fair Signal EA


Only real trading shows the potential of this robot!

Greetings!

My new products, trading signals and promos can be found here: https://www.mql5.com/en/users/alcad83

Add me to friends and get profit from Forex trading!

Fully automated Expert Advisor for night trading.


Not martingale, not grid.


Broker and deposit


Any broker with a small spread and fast execution of orders will be suitable for trading.

Minimal recommended deposit - $100.


Currency pairs and timeframe


Trading on EURUSD, GBPUSD is recommended.


Timeframe - M5 strictly.


Terminal - MetaTrader4.


Parameters

  • EAMagic - magic number of the EA, which allows it to distinguish its positions from others. Must have different values for every chart.
  • AutoLot - can be set to "true" or "false". When set to "true" the EA selects the lot size for trading depending on the balance value.
  • Lots - lot size is set by user, if the value of AutoLot is "false".
  • Risk - percentage of the deposit, used for the automatic calculation of the lot.
  • DD - the maximum drawdown as a percentage of the balance, at which all positions of the EA on current currency pair will be closed.
  • CommentOfOrder - comment to orders. Can take any value.
  • TakeProfit - TakeProfit value in points.
  • StopLoss - StopLoss value in points.
  • TrailingStop - trailing stop value in points. If 0 - disabled.
  • MaxOrders - maximal number of simultaneously opened orders.
  • MaximalSpread -maximal value of spread for the EA to open new positions.
  • StartHour - hour to start trading.
  • StartMinute - minute to start trading.
  • EndHour - hour to stop trading.
  • EndMinute - minute to stop trading.
  • SummerAdjustment - adjustment for daylight saving time (ask your broker).
  • BuyPositions - can be set to "true" or "false". If "true",the EA will open positions "Buy".
  • SellPositions - can be set to "true" or "false". If "true",the EA will open positions "Sell".
  • SpeedUpMode - can be set to "true" or "false". If "true",the EA uses more risky, but more profitable system for automatic lot estimation.
  • Boost Trades - if "true", the EA will open positions more often, only using Strategy1 gains relative advantages.
  • ShowInfoPanel - can be set to "true" or "false". If "true", the information panel will be displayed on the chart of the traded pair.
  • Panel_Language - language of the information panel.
  • TextColor - font color of the information panel.

Recommended parameters for EURUSD and GBPUSD for winter timezome of trading terminal GMT+2 - default or in comments #1, 2. 

If you want to test the Expert Advisor in the Strategy Tester, do it only in "Every tick" mode!

Parameters are set as for 4-digits servers. They will be automatically recalculated for 5-digits servers.



Reviews 3
Jack Ralph
237
Jack Ralph 2020.09.03 16:42 
 

updated Review: Since using the EA with updated settings it is performing way better than it used to. I would recommend using the FS_EURUSD_M5_18072020.set set provided by the author in the comments for solid returns.

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Perfect Score
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GerFX DeltaWave EA
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Flexible
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Teamwork System EA
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Octopus AI
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Filter:
gool.9
2841
gool.9 2021.02.17 04:27 
 

There are no profits and I lost half of my money

Evgeniy Machok
594911
Reply from developer Evgeniy Machok 2021.02.17 09:25
Thanks for your opinion, but the results of real trading contradict your point of view. Obviously, temporary drawdowns are possible, it's a part of trading process.
Jack Ralph
237
Jack Ralph 2020.09.03 16:42 
 

updated Review: Since using the EA with updated settings it is performing way better than it used to. I would recommend using the FS_EURUSD_M5_18072020.set set provided by the author in the comments for solid returns.

Evgeniy Machok
594911
Reply from developer Evgeniy Machok 2020.11.26 11:43
Thanks for your review.
viktor
511
viktor 2020.08.29 03:48 
 

Unfortunately, the robot loses money very quickly, I'm sorry, but I delete it. there's no point in using it. Be careful the strategy test has nothing to do with real trading.

Evgeniy Machok
594911
Reply from developer Evgeniy Machok 2020.11.20 16:15
Thanks for your opinion, but the results of real trading contradict your point of view.
The robot earns money in real trading conditions.
Reply to review
Version 2.2 2020.11.19
The code has been optimized - the speed of the Expert Advisor has been increased by 4 times.
Important changes in the logic when opening several positions at the same time.
Default settings changed.
Removed unnecessary parameters.
Version 2.1 2020.08.27
"Boost trades" parameter was added.
Version 1.51 2020.05.28
Default parameters were changed.
The code was optimized.
Version 1.4 2020.01.06
New parameters were added.
Default parameters were changed.
Description of parameters was changed.
Version 1.2 2019.12.15
New parameters were added.
Default settings were changed.