Great robot and great job. The author gives the opportunity to try the trial version. Follow the recommendations regarding the size of the lot, try it in work and you will see for yourself
Ophiuchus Paid Version
Ophiuchus is the 13th zodiac and it is also the name for this EA as 13 is the key elements for this trading strategy.
Trading Strategy
The following are the main characteristic of this EA.
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Martingale based strategy.
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Only open more trades when it is on the right direction.
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earn small profit for each trades but a lot of volume everyday.
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Profit from the volatility of the market.
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Tested and Proved to be able to profit on EURUSD trading with M1 timeframe.
Back Test Result
Back test result are as following
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Back test from 1 Jan 2017 till 1 July 2020 (42 months) with starting capital of USD 2000.
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Total Net Profit USD 13,949.51 with total 21778 trades.
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Average monthly profit USD 332 ( ~ 16% return per month).
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You can refer the back test video here.
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Live Account performance are tracked via myfxbook . You can see exact trade history from past and current trade via myfxbook. Go to myfxbook and then search for "Ophiuchus" and then click on Systems tab (not the user tab). You will be able to see Ophiuchus trading system performance there. (We can't post myfxbook link here).
Available Setting
Profit Target for each Order - Profit target in fractional pip for every open order.
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Starting Lots - The lot size for first order. The lot size will increase in the subsequent order.
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Maximum # of trades - Maximum number of orders the EA allow to open.
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Max Spread Allow - Only will open order if the spread is within this value.Change it based on your broker's spread.
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Enable Last Trade - If this is enabled(set to true), no new order will open after the chain of orders are closed. Handy when you want it to stop trading after the current orders are closed.
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Magic Number - Unique identifier for orders traded by this EA.
Recommendation
For the setting, use the default setting except the starting lot.The starting lot will depend on your capital. If your capital is USD 2,000, you need to start with 0.01. If it is USD 20,000, you can start with 0.1. You can also use cent account or micro account to start with small capital.
The starting lots must CHANGE based on your capital using above ratio.
For the max spread allow, you can configure based on your broker's spread range.
As this is high frequency trading, you need to use a broker account that has no commission charge. If you can find forex account without commission charge and no swap charge, then it is better.
In short, full recommended configuration are as following.
- Use broker with no commission charge
- Preferably with no swap fee too
- Starting Lots must change with this formula - Starting Lots = Capital / 200,000. Eg, Capital = USD 2000. Starting Lots = 2000/ 200,000 = 0.01. You must use at least 200,000 as minimum ratio. You can choose to use higher number like 300,000 or 400,000 for safer configuration. Safer configuration means lesser profit too, but you will have lesser chance to have margin call. You will need to balance between profit and safety yourself.
- Leverage must be 1:500 or above
- Can run on Cents account or Micro Account if you want to start with smaller capital.
- Run this EA on EURUSD on M1 timeframe. I received feedback from other users that it works great on other currency too, but do test it yourself with own risk.
This is a paid version which has validity till end of 2021.There is no unlimited version for the time being and with this version, you can start this EA with a cheaper price by renting it.
Alternative of running the EA on your machine for 24 hours, you can also opt to purchase the trading signal of Ophiuchus here -> https://www.mql5.com/en/signals/806339. You can save the hassle for the setup and running it 24 by 5 trading day. You can verify the live performance of Ophiuchus from the trading signal performance.
If you have any question or would like to follow the update/progress on Ophiuchus or my Upcoming EA , you can follow the FB page here or PM me there.
Warning!
This is high risk trading and you might lose all your capital in your account, please make sure you start with amount that you are comfortable with. Try this with your own risk and no one will be responsible for your loss.
Hope you like this EA! Please leave me some comments if you like this EA as your recognition means a lot to me.
Happy trading and may the force be with you !
Video
Reviews 9
Swing Trader
2020.12.18 09:54
#
Up to now very good entries. very friendly and fast communication with the seller. thank you. Up to now, I can recommend it. will report in some days, weeks again. thx -- update: I started about 2 weeks agon in demo account. leverage 1:200. profit about USD 900 in USD 10.000 demo account. pairs: eurusd 0.05 lot, gbpusd, nzdusd and audusd 0.01 lot. open trades at the moment about -145 USD. will start in January 2021 with live account. all to you good trades
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Main advantages: Automatic market analysis by author's indicators Non-linear algorithm of money management Averaging and pyramiding of deals Various algorithms for capital protection Application in combination with other Expert Advisors Multiple parameters allow to make flexible settings for any financ
Joker EA mt4
299 USD
Only 4 copies left for $299. Next prise is $399
I'm Evgeny Aksenov, I have been a developer of indicators, EAs and utilities for Meta Trader 4 and 5 since 2004 Based on my experience I can say that the concept of successful trading is mathematical predictability of trading results Too complicated trading robots don't guarantee better reliability, as they have lots of parameters affecting trading at a given time, which makes it difficult for most traders to understand and sett up these robots
Spider Crazy Pro
395 USD
Spider Crazy Pro is at discount Price only Today, at 50% of the Original Price! Buy Now! Spider Crazy Pro is a trading robot for the trading on forex. This is a complete system with 11 Strategy in 1 EA . This Robot opens a large number of orders .
Important Information Revealed By purchasing this Expert Advisor you are entitled to receive a free copy of Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !
This Expert advisor not
AW Gold Trend Trading EA
295 USD
Fully automated trend advisor with an active strategy and an advanced averaging system. Orders are opened using a trend filter using oscillators for greater signal security. Has a simple and intuitive setting. The Expert Advisor is suitable for use on any instrument and timeframe.
Signal monitoring -> HERE
MT5 version -> HERE
Input variables:
MAIN SETTING Size of the order - Volume of orders to open Enable Autolot calculation - Use automatic lot calculation.
Trend Line GRID mt4
299 USD
This is a grid EA based on the signals of the Trend Line PRO indicator Trend Line GRID EA trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces the most unprofitable orders by closing them with a counter profit. EA also accompanies trades opened in manual mode and resolves them into a profit. The recommended Deposit amount is from $500. You need to have a VPS
RSI Divergence Trader
250 USD
================================================================================================ Try the default settings on M5 - EURUSD, EURCAD, EURAUD; M15 - USDJPY Monitoring Signal: https://www.mql5.com/en/signals/1113703 Recommended broker: IC Markets ================================================================================================ I believe that the RSI is the best indicator out there and most of the times, a divergence on the RSI is a strong hint for a good entry. But
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Ophiuchus
FREE
This trial version will stop trading after 5 Jun. Please purchase the full version here . Next 1 week free trial version will be released at 12 Jun 2021. Ophiuchus is the 13th zodiac and it is also the name for this EA as 13 is the key elements for this trading strategy. Trading Strategy
The following are the main characteristic of this EA. Martingale based strategy. Only open more trades when it is on the right direction. earn small profit for each trades but a lot of volume everyday. Prof
Limitless Free Version
FREE
This is a free version and this EA will only trade till 26 Jun. Get full version here . As MQL5 policy change, this is last trial version. Limitless EA is a martingale based EA , which provide a lot of configuration to customize your martingale strategy to suit your personal risk profile . Trading Strategy Main characteristic of this EA: Martingale based strategy. Determine very short term trend as the aim is to get small profit on each trade. Open more trades to ensure the profit
Limitless
499.99 USD
Limitless EA is a martingale based EA, which provide a lot of configuration to customize your martingale strategy to suit your personal risk profile. Trading Strategy Main characteristic of this EA: Martingale based strategy. Determine very short term trend as the aim is to get small profit on each trade. Open more trades to ensure the profit target is closer to current price. Earn small profit for each trades and extremely large volume of trading everyday. Profit from the volatility of the mar
Jakiro
360 USD
Jakiro, the Twin Head Dragon in Dota Game, is a ranged intelligence hero who utilizes the powers of ice and fire with powerful linear area spells. Having the same characteristics as Jakiro, Jakiro EA is a duo-thread EA that can monitor the market to buy and sell the same pair of currency simultaneously. This provides Jakiro EA’s ability to profit no matter in an uptrend or downtrend market.
Jakiro EA Strategy Martingale + Hedging + Compounding Martingale - The EA will open more orders with hi
Filter:
Andreas Mollstaetter
2021.06.21 08:56
#
Yes it is marginal yes it is a grid system Both are very dangerous But When used defensively you can make good money The strategy here is very defensive Regarding the grid and marginal I subjected the system to long back tests - the result was very good DD stayed in the frame Then I did it on a demo and let it run - the same result as the subsequent backtest. Now it's running live Only change Account size 5 k Lot size 0.01 At the beginning I had problems starting the EA The developer reacted less than 10 minutes later - great Will post more results
Markus Feldinger
2021.01.22 14:21
#
just another simple martingale ea. as long as I was using small lots 0.01 it was doing fine. but when I increased to 0.1, al hell broke loose. it opened a position at the top of eurusd, at around 1.2330, and then opened more than 30 buy trades all the way down to 1.2080, resulting in a dd of 20%. this means that it ignored the m15, m30, h1 trends that were all deep in the red. I had to trade my way out of this hole manually. when my abo expired, it closed all trades. whoich was very unfortunate, because I had already manually adjusted the tp's. allin all I made a loss of 700 eur plus the cost of the ea which is not cheap. but the worst aspect of this ea is that it ignores downtrends on multiple time frames and just martingales itself into desperation.
Swing Trader
2020.12.18 09:54
#
Up to now very good entries. very friendly and fast communication with the seller. thank you. Up to now, I can recommend it. will report in some days, weeks again. thx -- update: I started about 2 weeks agon in demo account. leverage 1:200. profit about USD 900 in USD 10.000 demo account. pairs: eurusd 0.05 lot, gbpusd, nzdusd and audusd 0.01 lot. open trades at the moment about -145 USD. will start in January 2021 with live account. all to you good trades
2021.01.11 08:26
#
Hi, thanks for your review, and glad that you like it. My recommendation for leverage is 1:500. This is the leverage that I used for my own account too. Thanks and Happy Trading!
Great robot and great job. The author gives the opportunity to try the trial version. Follow the recommendations regarding the size of the lot, try it in work and you will see for yourself
elpcrister0329
2020.12.04 14:14
#
Just completed my 1st week of running to live account at EURUSD M1....EA is performing very well , almost 5% gain for 1st week.
Running as per the recommendation on EU and Gold. Safe returns. Hidden Gem. Awesome. Also exploring other pairs in testing.
2020.11.20 00:53
#
Thanks for the great review. Looking forward to your result from your testing in other pairs :)
Eduard Mushkatin
2020.11.04 21:23
#
I am the user as well of Limitless as of the Ophiuchus Paid EAs. Both are doing great job on my accounts. Ophiuchus is definetly one of the very profitable EAs in my portfolio. It trades at any time of day and delivers very stable profits on EURUSD (M1), but it's lots less aggressive compare to the Limitless. For every 1000 you should start with the initial lot of 0.01, if there are no other EAs on the account. Great product!
2020.11.05 13:49
#
Thanks for the review and supports. I just uploaded a new version of Ophiuchus with the feature that you suggested. Thanks for your great input too. Happy trading!
Mr. Polwal
2020.11.02 20:01
#
Ein sehr profitabler EA. Einstellungen sind auf ein Minimum reduziert. Zusätzlich zu EURUSD, kann es auch mit anderen Währungspaaren handeln und Gewinne liefern. Es läuft seit drei Wochen auf drei Demo-Kontos und ist nun seit ein paar Tagen auf einem Real-Konto und macht nur Gewinne. Großartig.
Version 2.7
2021.06.06
- Add High Low Mode Trade
- Enhance Close All order dialog box to show more cautious sign to differentiate close profit orders and close all order
- Add comment feature to replace the default EA name in comments.
- Notification feature
-Send a notification after exceeding certain orders
-Send a notification when it hits max orders
- Enhance Close All order dialog box to show more cautious sign to differentiate close profit orders and close all order
- Add comment feature to replace the default EA name in comments.
- Notification feature
-Send a notification after exceeding certain orders
-Send a notification when it hits max orders
Version 2.4
2020.11.05
- Add Close Profit Orders and Close All Orders button.
- Add Orders information to help trader to perform informed decision.
- Add Trade Buy and Trade Sell Auto Switch feature to let EA switch these two buttons based on LT trend.
- Add Orders information to help trader to perform informed decision.
- Add Trade Buy and Trade Sell Auto Switch feature to let EA switch these two buttons based on LT trend.
Version 2.3
2020.10.20
- bugfix on adjust profit target logic. It will only happen in a very rare scenario.
Version 2.2
2020.10.17
- Add new feature to be able to schedule a stop trading new series period.
- Improve the verify starting lot size warning.
- Improve the verify starting lot size warning.
Version 2.1
2020.10.05
- Improve the logic to calculate the average price.
Version 2.0
2020.09.09
// Ophiuchus 2021 v2.0 - This version provide users more control on this EA. Suitable for Trader with some technical analysis skill.
- Added Trade New Series button to replace Enable Last Trading configuration.
- Added Trade Buy or Trade Sell button to let User decide the trade direction that they want.
- Added Long Term Trend based on 50MA/200MA to let users know the current trend.
- Added Current Trend duration and Last Trend duration to let the user know how long the current trend lasts till now and how long does the last trend lasts.
- Added Recommended Lot size warning to warn users when they set a higher lot size than the recommended lot size.
- Added Trade New Series button to replace Enable Last Trading configuration.
- Added Trade Buy or Trade Sell button to let User decide the trade direction that they want.
- Added Long Term Trend based on 50MA/200MA to let users know the current trend.
- Added Current Trend duration and Last Trend duration to let the user know how long the current trend lasts till now and how long does the last trend lasts.
- Added Recommended Lot size warning to warn users when they set a higher lot size than the recommended lot size.
Version 1.6
2020.08.31
Update default configuration only.
Yes it is marginal yes it is a grid system Both are very dangerous But When used defensively you can make good money The strategy here is very defensive Regarding the grid and marginal I subjected the system to long back tests - the result was very good DD stayed in the frame Then I did it on a demo and let it run - the same result as the subsequent backtest. Now it's running live Only change Account size 5 k Lot size 0.01 At the beginning I had problems starting the EA The developer reacted less than 10 minutes later - great Will post more results