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Sqn Max EA for MT5

Sqn Max is an exclusive strategy and EA to trade the market with high effectiveness.

The strategy is based on price action, volatility and trend.

This strategy is as simple as possible but not too simple.

The strategy can be used with any class of assets and with any time frame.

We had great success using the H1 time frame, trading stocks, cfds, options, indices,and ETFs from the American stock market but of course this is not limited to this class of asset. I am sure you can test yourself and discover other opportunities.


Inputs:

  • MagicNumber - unique number to be used to identify operations managed by the EA
  • ExpertComment (SQN_MAX) - used to quickly identify operations related to the strategy in the live and historical operations
  • TradeDirection (shortandlong/shortonly/longonly) - used to filter signal and eventually go with the main trend 
  • TakeProfitATR - distance of take profit expressed as multiple of ATR (Average True Range) 
  • StopLossATR - distance of stop loss expressed as multiple of ATR (Average True Range)
  • UseTimeStop (true/false) - close operations after a certain time if stop loss and take profit were not achieved
  • TimeStopBars - number of bars after entry until the operation is closed by the time stop feature (see above)
  • RiskMode (mFixedLot/mRiskPercent/mRiskUSD) - specify the mode to be used for the risk calculation of each trade operation
  • FixedLotSize - use a fixed volume size for the volume to be traded in each operation
  • Risk Percent - percentage to be used to calculate risk based on the current equity of the trading account
  • Risk USD - use a fixed risk expressed in USD, the EA will do the calculation of the corresponding volume depending on the broker and the instrument 

We recommend to trade the H1 time frame. This time frame will produce few signals (1 per month) but with high accuracy. To increase the number of signals we suggest you to trade a basket of instruments. This way you can generate 1 to 3 signals per day with high accuracy. Set up the EA in a different chart and with a different magic number for each instrument that you want to trade.

The EA is also available for MT4: https://www.mql5.com/en/market/product/50055/
Sqn Max Indicator for MT4: https://www.mql5.com/en/market/product/48713/
Sqn Max Indicator for MT5: https://www.mql5.com/en/market/product/48870/

We offer other indicators that might be useful for your trading activity: https://www.mql5.com/en/users/renaud69/seller#products

I wish you good trading and success with the SQN MAX strategy.


Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.    


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Summary of my Expert Advisor: Method - scalping, ticks and time. Timeframe - any. Indicators - none. Advantages - high-frequency trading, high volume trading (good for bonus and rebate account type), low drawdown, high profit factor. Requirements - low spreads, best VPS or high speed connection, good PC or servers. Symbols - EURUSD , GBPUSD, USDJPY. Brokers - STP/ECN. I have some ideas to upgrade my first Expert Advisor ( TheNext1 ) to make it one of the strongest EAs on the Market, and I find a
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High Frequency Scalper Trading Series 1 01
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This is the same Expert Advisor as High Frequency Scalper Trading Series 1. Created due to requests from potential buyers to have a version of EA that runs on Live Accounts, however cheaper to buy. All the features are the same except you can't change the volume per trade on this version. If you find the EA interesting, do buy the full version from https://www.mql5.com/en/market/product/1115  where you can change the volume of trades. This will motivate me to invest more time and resources to cr
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TheNext2
Mai Thanh Truc
This Expert Advisor includes safe, low-risk and effective settings for 8 symbols from TheNext1 EA including EURUSD, USDJPY, EURJPY, GBPJPY, GBPUSD, USDCAD, NZDUSD, USDCHF. Next versions of this EA will include the best settings for new symbols. I have spent a lot of time to make the code work better, tested it thousands times with millions test cases, traded on many demo and real accounts. And finally, my EA has become stronger than ever. I will continue do that everyday. Features of this 2 in 1
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Andrej Nikitin
Description: Abigail is a medium-term trading system working on the price rollback. The Expert Advisor has been optimized for working on EURUSD. However, it can successfully work with other currency pairs as well. You can examine the Expert Advisor's trading statistics for different brokers and symbols at MetaTrader 4 and MetaTrader 5 Trading Signals sections. Parameters: Risk management: enter volume - market entry volume. If the value is greater than 0 - number of lots, if less than 0 - percen
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MT5Programmer Machine Plus
Clemencau Herge Nguepi
MT5Programmer_Machine_Plus is a powerful MT5 Expert Advisor working on 6 currencies pairs - EURUSD, EURGBP, GBPUSD, USDCAD, USDJPY and GBPCHF. It uses partial close feature to close positive trades as well as distribution between currency pairs to open positions. Live testing results can be found here: https://www.mql5.com/en/signals/43113 Deposit amount: $3 000 or more. Recommendation 1 If your account currency is USD, attach the EA to EURUSD chart only and close all other open charts If your a
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CoreFPS
Andriy Sydoruk
The Expert Advisor works with ticks on both netting and hedging account types. The internal algorithm uses a tick (not a bar) as a unit for analysis. The product works with 5-digit quotes. Requotes are critical. A broker with the minimum execution delay is required. The Expert Advisor does not use history stored in the database. It downloads history data online creating its own database stored in the internal memory. After the restart, the database is deleted and should be downloaded again. The
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Version 1.20 2020.05.24
Code optimization