once more Smart Forex Lab made a great, affordable, risk-free, profitable, set and forget EA
Surfing EA MT5
Surfing EA - long-term trading strategy that looks for an signal candle to catch a trend wave.
Stoploss / Takeprofit / Split / Trailing levels based on a signal candle body size.
Surfing EA MT4 >> https://www.mql5.com/en/market/product/49969
Features
- Indicator-free
- Relative levels
- Hard Stoploss / Takeprofit
- Manual / Risk / Auto volume
- Split system / Trailing Stop (optional)
- Spread / Time control
- 2017-2020 99% tick quality optimized
Monitoring
- Surfing MT5 https://www.mql5.com/en/signals/721315 (since 25.05.2020)
Recommendations
- Account type: Hedged
- Min deposit: $300
Default settings
- GBPUSD, H4
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 size of a candle body, 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 ---
- 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
- --- Bars ---
- Bar Period Avg - period to calculate average & max candle body
- Bar Ratio Avg - signal to average candle body ratio, %
- Bar Ratio Max - signal to max candle body ratio, %
- Stoploss Type
- Regular - hard 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 - Buy levels color
- Color Sell - Sell levels color
- Display Trades - enable / disable to display the trades
Follow & Join
- MQL5 Smart Forex Lab.
- Telegram @smartforexlab_group
Video


once more Smart Forex Lab made a great, affordable, risk-free, profitable, set and forget EA

I have used Surfing MT5 EA continually since May 2020. The EA only works on GBPUSD and because it utilizes the H4 timeframe, it is more of a medium-term trading strategy rather than a scalping EA. It utilizes a trailing SL to lock-in profits. Although the current trading conditions over the past few months have been very challenging, leading to the EA not having been overly profitable to date, the EA has still displayed long-term stability and reliability. The EA's past and current performance can be tracked through the developer's live signal. The Smart Forex team offer A1+++ support via their Telegram channel.
I have used Surfing MT5 EA continually since May 2020. The EA only works on GBPUSD and because it utilizes the H4 timeframe, it is more of a medium-term trading strategy rather than a scalping EA. It utilizes a trailing SL to lock-in profits. Although the current trading conditions over the past few months have been very challenging, leading to the EA not having been overly profitable to date, the EA has still displayed long-term stability and reliability. The EA's past and current performance can be tracked through the developer's live signal. The Smart Forex team offer A1+++ support via their Telegram channel.