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RocketEA MT5
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The EA opens trades at the beginning of New York session. This is an ideal time to enter the Forex market as the two largest markets in the world literally overlap each other. During this four-hour period, you can see a great increase in liquidity and volatility provided by both London and New York market participants. The EA analyses the market using the advanced trend filter (ATF). The ATF is a directional filter allowing the strategy to identify trends and market reversals. It uses complex algorithms that reduces risk and increase profit potential. The EA does not use indicators, grid, martingale, arbitrage. The EA includes protection against high spreads, and allows you to trade with a fixed or automatic lot size.
- Default settings are designed for GBPUSD M5.
- LIVE monitoring: https://www.mql5.com/en/signals/784692
- MT4 version: https://www.mql5.com/en/market/product/52292
Requirements
- Hedging account.
Features
- TP/SL ratio is 1:1
- Advanced trend filter;
- Every trade is protected by stop-loss;
- No dangerous money management are used (grid is optional and not used in my signals);
- Optional automatic trade closing on Fridays;
- Backtested with 99.90% tickdata and variable spreads;
- The EA is not sensitive to spread;
- Easy to setup and use.
Parameters
Money Management:
- Fixed Order Size - fixed trading lot;
- Enable AutoLot - use automatic lot calculation;
- Balance For Every 0.01 Lots - balance to be used per 0.01lots (automatic lotsize based on balance);
- Max Risk Per Trade - auto MM based on the stop loss and deposit size. For example: at a value of 5, closing a trade by stop loss will result in a loss of 5% of the balance;
- Maximum LotSize - maximal allowed trading lot;
- GMT Offset Auto - if true, the EA will find the GMT offset automatically. Allow requests to https://www.worldtimeserver.com
- GMT Offset Manual - set your broker's time zone (in winter);
- Adjust DST Manual - set your broker's DST;
- Trade on Monday - enable or disable trading on Monday;
- Trade on Tuesday - enable or disable trading on Tuesday;
- Trade on Wednesday - enable or disable trading on Wednesday;
- Trade on Thursday - enable or disable trading on Thursday;
- Trade on Friday - enable or disable trading on Friday;
- Friday Exit? - true/false - if you wish to close all trades on Friday, you should use FridayExit=true;
- Friday Exit Hour - the robot will close all open positions at this hour on Friday;
- Direction - long and(or) short can be selected;
- Start Hour/Minute - here you can adjust the hour/minute for opening a trade. It has to be set in GMT+2 DST:US/EU (corresponds to GMT+2 in winter, GMT+3 in summer) timezone which gives five full 24-hour daily candles each week and is used by most brokers. The daily candles open at 0:00 during the bank rollover time. I use default settings. This parameter does not depend on the broker or PC/VPS local time. Minutes should be divisible by 5, for example: 0,5,10...55
- Maximum Spread - maximum allowable spread, pips;
- Maximum Slippage - maximum allowable slippage for instant accounts, pips. Increase it to avoid re-quotes and off-quotes;
- Take Profit - take profit in pips (1 pip = 10 points for a 5-digit broker);
- Stop Loss - stop loss in pips;
- Hide Stop Loss - enable/disable hiding stop-loss (SL is executed by the EA);
- Trailing SL - trailing stop in pips;
- Trailing SL Start - when to start the trailing stop;
- Max Holding Time - maximal position holding time - a maximum number of bars between opening a position and closing it completely;
- Magic Number - unique identifier for EA's orders;
- Order Comment - comment for EA's orders.


Excellent EA producing great results. Easy to set up and get working. Make sure you take time to ensure that the GMT and daylight saving time settings are right for where your trading server is based. This is critical to ensure you get the same great results. I set mine to Auto and added the https://worldtimeserver.com url to the Tools > options > Expert Advisors dialog box on MT5 Sergei provides fast helpful and friendly support and shows he is focused on developing quality EAs that will be supported and improved over time. I subscribe to his Perfect Score signal and will purchase his Shark EA.
- Added a new backup URL for Auto GMT offset: http://perfectbot.ru
- Added new features and parameters:
- Reversing Trade - allows the EA to open opposite trade to what it's meant to open. (I.e, if it wants to open a 'Sell' trade, it will open 'Buy' instead);
- Dual Mode - if it is enabled and there is any signal (buy or sell), then the EA will open both 'Buy' and 'Sell' trades at the same time.
- Increment For Multiple Trades - lot size increment for multiple trades for compatibility with FIFO rules 2019 (they require all trades that have a take profit (TP), stop loss (SL) to be of unique size);
- Trade Direction Filter: None - if enabled, the EA will not open new trades (but will still manage open positions);
- Enable Trend Filter - enable/disable trend filter based on the daily EMA;
- Daily EMA Period - period of the daily EMA;
- BreakEven For SL - floating profit (in pips) at which the EA automatically moves stop-loss to break even;
- BreakEven For TP - floating loss (in pips) at which the EA automatically moves take-profit to break even;
- Send Notifications - if enabled, the EA will send log messages (like volatility value and if EA is allowed to trade today or tomorrow, etc) as a notification. Remember to enable Push notifications in the terminal settings;
- Grid TP Extra Settings - Grid TP settings:
- Average Price: TP level of grid orders follows the average price.
- Initial Order: TP level of grid orders is always placed at the level of the initial (first) grid order.
- Separately: TP level is calculated separately for each grid order.
- Entry Delay Sec - specify the time delay (in seconds) for trade entry.
Added new parameters and features:
- Margin % To Trade - auto MM feature that calculates lot sizes depending on free margin. If > 0, then the EA will ignore parameter 'Balance For Every 0.01 Lots'.
- Account Position Limit - if the total number of positions currently opened on the account (including other EAs and manual trades) exceeds this value, the EA will not open new trades.
- Cover Swap Fees - if enabled, the EA will cover the swap fees by modifying TP during the Forex rollover period (it goes from 23:59 to 00:01)
- Multiple Trades - this option allows the EA to keep several trades open at the same time. Each trade is opened with a new signal.
- OppositeDirectionOnly - if true (and Multiple Trades enabled), the next (second) trade is only allowed to be open in the opposite direction.
- Enable Range Filter - allows the EA not to open a new trade if the price comes too close to support/resistance levels based on Donchian Channels (horizontal lines at the highest/lowest price over a set period of time).
- Range Filter Period - period of the Donchian Channel.
- Save PC Resources - if false, the EA will handle events (like hidden SL hitting, TSL moving) on every tick. If true - it will be handled once a minute to save PC resources (recommended).
Added Grid Settings:
- Enable Grid - enable/disable grid strategy. I will not use the grid strategy, it was requested by customers
- Grid Spacing/Grid Multiplier/Grid Size - space between orders (pips) / grid multiplier / max. number of grid orders
- Grid Custom Multipliers - custom multipliers for each step separated by a comma, for example - 1,2,4,8,16
- Grid Stop Loss - SL value of the basket in pips (only if grid is enabled)
- Don't Move Initial TP - allows you to keep the TP level of all orders of the grid same as the initial order.
Added Additional Exit Rules:
'Close At Specified Hour If Trade...' - the EA will close an open trade during the 'Specified Hour':
- 'in Profit' - if the floating profit exceeds 'Min Profit Pips'.
- 'in Loss' - if the floating loss (DD) does not exceed 'Max Loss Pips'.
- 'in Profit/Loss' - if the floating profit exceeds 'Min Profit Pips' or floating loss does not exceed 'Max Loss Pips'.
- 'Disabled' - disables the rule.
'Close After Spec. Num. Of Bars If Trade...' - the EA will close an open trade after 'Specified Number Of Bars':
- 'in Profit' - if the floating profit exceeds 'Min Profit Pips'.
- 'in Loss' - if the floating loss (DD) does not exceed 'Max Loss Pips'.
- 'in Profit/Loss' - if the floating profit exceeds 'Min Profit Pips' or floating loss does not exceed 'Max Loss Pips'.
- 'Disabled' - disables the rule.
Excellent EA producing great results. Easy to set up and get working. Make sure you take time to ensure that the GMT and daylight saving time settings are right for where your trading server is based. This is critical to ensure you get the same great results. I set mine to Auto and added the https://worldtimeserver.com url to the Tools > options > Expert Advisors dialog box on MT5 Sergei provides fast helpful and friendly support and shows he is focused on developing quality EAs that will be supported and improved over time. I subscribe to his Perfect Score signal and will purchase his Shark EA.