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  • Comments (6)
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The art of Forex MT5

The art of Forex is a new complex Expert Advisor that continuously trades in both directions. A series of orders will be opened to get the best average price until the take profit is hit. It is optimal for making profits in an unpredictable market.  

loss coverage system is integrated to allow the recovery of orders that are too distant from the current price. 

The best results are on EUR/USD H1 but you can use it on any forex pair and timeframe.

Live results: https://myx.gg/mql5

Share your best configuration set or find help on the discord: https://myx.gg/discord

You can use the default settings or find your own configuration depending on the security you want to have. I recommend to test your strategy before going on live account and withdraw your profits regularly.

Note: You must adapt the distances to the pair used, the default settings are made for EUR/USD and similar pairs.

MT4: https://www.mql5.com/en/market/product/44838

Recommended BrokerICMarkets (4.8/5⭐ on Trustpilot for 10k+ reviews) 

Inputs:

  • The EA can start a new cycle - Allow the EA to trade. If false, the EA will stop trade at the end of the current cycle. 
  • Display information and button on the graph - Allow the EA to display informations on chart.
  • Magic number - The magic number needs to be different on each new chart. 
  • Initial lot - The size of the initial lot.
  • Initial lot per balance [0=off] - Balance per initial lot. (Ex: if Initial lot = 0.01 &  Initial lot per balance 1000, initial lot will be 0.01 at 1000, 0.02 at 2000, 0.1 at 10000)
  • Maximum lot - Maximum lot the EA can use for an order.
  • Type of lot calculation 
    -addition_step: Each new lot is summed with the multiplication of the initial lot.
    -multiplication_step: Each new lot is multiplied by the number of orders and the multiplier.
  • Lot calculation multiplier - This is the multiplier used to calculate the lot.
  • Single order TP and distance (in points) - Take profit for single order. This is also used to determine the distance between orders.
  • Multiple orders TP (in points) - Take profit for multiple orders.
  • Loss coverage TP (in points) - Take profit pour loss coverage. It will take the last order to close the first.
  • Global SL [0=off] (in points) - Stop loss single and multiple orders. It's not recommended to use it with this EA.
  • Minimum open orders to activate loss coverage - Number of orders that must be opened in the same direction to activate the loss coverage system.
  • Number of hedge orders - Number of orders that will be hedged in the opposite direction.

Recommended balance: low risk: +10,000$, medium risk: +3,000$, high risk: ±1,000$

WARNING: I sell all my products only on the official MQL5 website. If you see it somewhere else, it's a scam.



Reviews 2
MASON933
69
MASON933 2021.02.06 15:34 
 

Good support from Mr. Arthur I bought this expert Great EA

RIZA DOEK
1569
RIZA DOEK 2020.01.13 13:05 
 

Great price performance. Great EA. Thank you for your honest and great job.

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Bober Lannister MT5
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MASON933
69
MASON933 2021.02.06 15:34 
 

Good support from Mr. Arthur I bought this expert Great EA

Arthur Hatchiguian
33216
Reply from developer Arthur Hatchiguian 2021.02.14 01:14
Thank you for the feedback.
RIZA DOEK
1569
RIZA DOEK 2020.01.13 13:05 
 

Great price performance. Great EA. Thank you for your honest and great job.

Arthur Hatchiguian
33216
Reply from developer Arthur Hatchiguian 2021.02.14 01:15
Thank you very much.
Reply to review
Version 1.6 2020.06.09
- Fixing MQL5 build error
Version 1.5 2020.06.02
- minor fix
Version 1.3 2019.12.27
- Merging parameter names with MT4 version
Version 1.2 2019.12.27
- Minor bug fix
Version 1.1 2019.12.26
- GUI fix