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Cash Drop MT5

3

This advisor is the result of many years of development. I specialize mainly in grid and hedging strategies, I transferred all my experience and knowledge to this expert. As a result, we have a highly customizable expert template and several good strategies for choosing a trader, trading strategies will be constantly added, and the expert will remain relevant and will be in the top even after 10 years. In other words, when purchasing this product, you get a highly customizable advisor with constant support and current updates. In revision your strategies and wishes can be used.

The EA trades market and pending orders; stop-loss, take-profit and trailing stop are used to close deals. They can be used for each order separately, for a basket of unidirectional or multidirectional orders. The grid of orders can be either with a fixed or an expanding step and the volume of positions. The chart displays trade statistics.

The Expert Advisor is suitable for both experienced traders and beginners, you can even take a direct part in the trade - open orders with your hands or from the phone and the adviser will work with them. The most volatile pairs are suitable for the EA: GBPUSD, USDCAD, EURUSD, USDJPY, USDCHF, AUDUSD, NZDUSD, XAUUSD ...

MT4 version: https://www.mql5.com/en/market/product/50196


AT THIS TIME THE ADVISOR HAS 8 STRATEGIES:

  1. PRICE_SPEED - when the price goes N pips in N seconds:
  2. RSI - sell and drip on UP ... DN_LEVEL;
  3. STOCHASTIC - sell and drip on UP ... DN_LEVEL;
  4. GAP - trading on gaps;
  5. MA - at the intersection of 2 Moving Average;
  6. CONSECUTIVE_BARS - the number of bull / bear bars in a row;
  7. PIN_BAR - pin-bar strategy;
  8. MACD - the MACD line crosses the signal line from the bottom up;


PARAMETERS:

  • NEW_CYCLE - allow opening a new cycle of orders;
  • TRADE_DIRECTION - choice of direction of trade;
  • TRADE_STRATEGY - choice of a trading strategy;
  • MULTIDIRECTIONAL_TRADE - allow multidirectional trading;
  • REVERSE_POSITIONS - reversal of positions, instead of BUY open SELL;
  • STEP_ORDERS - step between orders;
  • STEP_MULTIPLIER - multiplication coefficient for step orders, if = 0, not used;
  • MAX_STEP - maximum step;
  • MAX_ORDERS - maximum number of orders;
  • START_LOT - starting lot;
  • LOT_MULTIPLIER - multiplication factor of the lot of orders, if = 0, not used;
  • MAX_LOT - maximum lot;
  • BASKET_PNL - allow closing a basket of orders;
  • MULTIDIRECTIONAL_PNL - allow closing a multidirectional basket of orders;
  • STOPLOSS - stop loss;
  • TAKEPROFIT - take profit;
  • TRAILING_STOP - step of the trailing stop;
  • TRAILING_STEP - distance to the trailing stop;
  • MAGIC_NUMBER - magic number, with = -1, picks up all orders;
  • ORDERS_COMMENT - comment on orders;
  • MAX_SLIPPAGE - filter by maximum slippage;
  • MAX_SPREAD - filter by maximum spread;
  • COMMISSION_CONTROL - filter of transaction commission;
  • COMMISSION_PER_LOT - commission for 1 lot;
  • SUNDAY ... SATURDAY_HOURS - the allowed time for opening orders, if = "00: 00-00: 00", then it is not used;
  • SHOW_INFO - show information;
  • TEXT_COLOR - text color;
  • LANGUAGE - information output language (can be added);
* Parameters of trading strategies will be published in the product discussion.



Reviews 2
Rocco Mangini
187
Rocco Mangini 2020.12.31 05:00 
 

very good ea with different strategy and good grid to recovery

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This scalper Expert Advisor uses instant execution pending orders. No grid and martingale. Each trade is protected by a tight stop loss. It is designed for 4-5-digit quotes. The EA is recommended for use on EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP, and EURCHF. VPS is required for flawless operation, minimum deposit is 100 units of the base currency. Timeframe – from M15 to H4. Optimization tip! Only several parameters should be optimized for the period of the last f
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The strategy is based on my own template, it utilizes the Stochastic indicator. It buys when the lines are below a predetermined level, and the signal line crosses the main one upwards; it sells when the lines are above a predetermined level and the signal line crosses the main downwards. The EA has been adapted for four- and five-digit quotes. VPS server is recommended. Before launching the EA on a real trading account, I recommend checking its parameters in the strategy tester using 99.90% qua
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lioejohny
27
lioejohny 2021.03.20 06:58 
 

BROKEN EA, almost blow my account, thankfully I only set to Max Order: 10 and Initial Lot: 0.01 because the EA will open to all 10 order simultanously with 0.01 lot at the same time and at the same position (sell/buy). This problem only happen in Real Account, I allready address this issue to the author, but have not received any feedback until now. I will change or add new review if this problem solved.

Yeah you contact after i post this review, and still you not solve my problem. I gave you the screenshot and the expert logs, and i used the same pairs as you shown on your screenshot which is EurUsd.

Volodymyr Hrybachov
59756
Reply from developer Volodymyr Hrybachov 2021.03.20 13:41
contacted you. you could not provide confirmation of your words, where the advisor opens 10 orders at the same time at the same price. it is not true. the EA has an averaging strategy, and the step of opening orders is set in the parameters, you can make it larger or smaller.
Rocco Mangini
187
Rocco Mangini 2020.12.31 05:00 
 

very good ea with different strategy and good grid to recovery

Reply to review
Version 2.6 2022.03.03
update for new build
Version 2.5 2020.06.15
added strategy on the MACD indicator
Version 2.4 2020.06.15
added function REVERSE_POSITIONS
Version 2.3 2020.06.15
PIN BAR strategy added
Version 2.1 2020.06.14
CONSECUTIVE_BARS strategy added