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The Collector

Risk Disclaimer:

  1. Foreign Exchange is one of an unpredictable market in the universe. Backtest which author provided could not guarantee that they will have an excellent result in forward trading.
  2. As the above reason, please be aware if you use this EA with large amount funding which you could not effort to lose.

Live Results !!

  • Live Signal 1 -> Please PM for link

Summary:

The Collector, same as its name, this EA is semi-fully automated Expert which will act as your representative. It will running as a pips collector by collecting profit under any order conditions. That said, you can use other EA to open orders as your manner or using the logic providing by the Collector itself.

Basically, the EA has 2 order type. The first one is called main logic and the follower is called support logic. Main logic will take responsibility in hunting the market first then it could or could not follow by many supporter which depends on the setup or market conditions. The Collector can work as GRID-like, Sniper, Scalper, Trend Follower etc. with or without SL depended on your setting.

Since the Collector setting have many parameters, so there are tons of possible combination setting based on parameters changed which could produce a different trading styles then you can fine tune for finding the best setting for any market condition of each currency pairs.

Keep in mind, please pay attention in testing for better understanding of an EA behavior when each single parameter changed.


Advantages:

  • Multi-Strategy on both enter and exit.
  • Multi-Timeframe trading on only  one chart.
  • Provided multi-protection for protect your account from blowing up.
    • Spread filter
    • Market trend filter
    • Total lots limit (calculate from history)
    • Loss reduction system
    • Account balance protection
    • Volatile market protection
  • Filter, enter and exit strategy will be added much more in the future... (or you can recommend one then I will consider to implement it on!!)


Recommendations:

  • Initial balance:
    • CENT account: min. 100 USD but not recommend because its profit would not surpassed the VPS cost
    • STANDARD account: min. 5000 USD, recommend > 10000 USD
  • STP/ECN broker with low spread and fast execution is recommend (Average Spread should be around 1.0-2.0 pips or lower, more low more stable profit). Please PM me for specific Broker details which I am using.
  • Virtual Private Server (VPS) is a must.
  • Recommended pair: EURUSD but not limit to (one setting does not fit for all).
  • Recommended leverage: > 1:400
  • Default setting is only for EURUSD pair, it's setting for low risk.
  • This EA is suitable for long term investment but its easy as you can use like set(up an EA) and forgot(to monitor) system.


    Parameters:

    The following is the shorter version in case for understand the basic of EA setting, the full setting description will be in seperate blog in further).

    • General Settings
      • Initial magic no. -> This should be set in different number if running multiple pairs or trading panals and should not be changed.
      • Should limit total trading lots? -> Set to "true" follow by adjusting "Historical bars to calculate lots limit" number and its limit factor for limit the total number of lots opening.
      • Activate cut loss limiter? -> Set to "true" follow by its limit factor for allowing the Collector to cut loss all trading on that pairs when the equity reach its factor.
    • Money Management Settings
      • Use auto money management? -> Set to "true" follow by its lot multiplier for auto calculating the trading lots.
    • Main Logic Settings
      • Select Main Logic -> Selected your main logic if enable or you can use your prefer EA to open orders with the same magic (now available with 6 logics including Candle Analysis 1-6 which has its own setting).
      • Place order with stoploss? -> Set to "true" in case you would like to place main orders with stoploss. But if support logic or hedging is allow, the stoploss will gone in specific condition or a period of time.
    • Support Logic Settings
      • Should send a support orders? -> Set to "true" follow by allowing your desired logic to enable support logic orders to be placed.
    • Collector Settings
      • Enable Collector? -> Set to "true" for allowing the Collector collect their profit.



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      Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
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      Tatyana Kulyapina
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      PRADO is a safe expert advisor   that trades pending orders, stop loss and take profit are set immediately, a multifunctional trailing stop works. Starting from version 7.0, the EA has 4 trading strategies. Thanks to the work of 4 strategies at the same time, a smoother profitability graph is obtained for any market behavior. PRADO   does not use: grids, averaging, increasing the volume of orders and other dangerous tricks. Minimum deposit   500$   . Intraday trading   from trend levels. The in
      Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
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      We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
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      Yvan Musatov
      3.25 (4)
      The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
      Welcome to Diamond Ultimate!!! The EA provides clear LIVE ACCOUNT SIGNALS. BACKTEST GUIDE LAUNCH PROMO: Only 2 copies left at the current price! Final price: $4993.99 BONUS - BUY LIFE TIME Diamond Ultimate GET FREE 1 EA  => Ask in private for more details!!! Download Set Files MT5 Version Diamond Ultimate   combines algorithms based on various price actions with 13 years of market experience to execute orders and manage capital. All trades have clear stop loss and take profit levels. Th
      Filter:
      Patarapon Tokham
      33
      Patarapon Tokham 2021.04.21 10:43 
       

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      onisama
      19
      onisama 2021.04.21 06:30 
       

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      PRAIWAN NORANARTPUNYA
      289
      Reply from developer PRAIWAN NORANARTPUNYA 2021.04.21 07:11
      Thank you !! Feel free to ask me question if you have any problem during forward test period :)
      Reply to review
      Version 2.26 2021.04.23
      v2.26 update details:
      - exposed detail of all filter
      - fixed default maxspread setting
      - added limit max order for support logic