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EA Morpheus MT5

3.33

Breakout based strategy, generates market entry signals when the price crosses a border of a certain price range.

To create the strategy, we have used the history data with 99,9% quality for the last 15 years. The best signals had been selected and the false signals have been filtered out. The Expert Advisor performs technical analysis and considers only the breakouts that show the best result. 

It uses a system of filtering false signals.

The EA uses adaptive trailing stop.

The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade.

Remaining 1 copies at a price of 550 $ ---> Next price is 950 $

pair/timeframe: EURUSD M30, EURUSD H1, USDJPY M30, USDJPY H1, GBPUSD M30, GBPUSD H1.

Recommended pair/timeframe: EURUSD H1, USDJPY H1 or EURUSD M30, USDJPY M30

Attention! This EA is only for "hedging" accounts.
Requirements and Recommendations
  1. Low spreads and high quality execution are important when choosing a broker.
  2. We recommend using a VPS with minimal ping to your broker.
  3. The PC processor should not be overloaded with other programs or advisors ( otherwise, the adviser will not be able to process all the ticks and this is bad for the adviser ).
  4. It is recommended to run the adviser on one account (one account is one adviser).
  5. Leverage of 1: 100 or more is recommended.
  6. if you use several advisors on the same account, make sure that all the advisors have different Magic numbers.
  7. You need to check with your broker that the broker allows you to trade scalping strategies by holding a position for less than a minute. 
Parameters
  • Magic — Identifier for trades.
  • Order Comment— Comment to order.
  • Slippage — Allowable slippage before an order triggers.
  • Max Spread — Maximum Spread allowed before pending order triggers.
  • ticks average spread — collect average spread ticks.
  • ticks for deleting pending orders — collect average spread ticks for deleting pending orders when the average spread exceeds Max_Spread.
  • Order Type — select trade direction.
  • disable trade if spread high — disable trading for a certain time (from 5 minutes to 24 hours), if the spread exceeds Max_Spread.
  • Fixed_Lot — Fixed lot (if Use_Risk_MM - false).
  • Use_Risk_MM — If this is true, the lot size will increase when account balance grows (Risk Management).
  • Percentage_Risk — Lot size increase based on the balance value (Risk Management in %).
  • Take_Profit — Take profit in points.
  • Stop_Loss — Stop loss in points.
  • Breakeven_Target_PipsInp — When price is above this value, breakeven triggers. (-1 = off).
  • Breakeven_Jump_PipsInp — Stop Loss is moved using this value to breakeven.
  • Trailing_Stop — Trailing points when position is in profit. (-1 = off, 0 = Stop_Loss ).
  • Trailing_Step — Trailing step when the position is in profit.
  • Risk_Protection_on_slippages — If true, the EA also applies position closure in case of a slippage.
  • Adaptive_Trailing_to_slippages — If true - adaptive trailing stop.
  • Change_correction_coefficient — Trailing sensitivity coefficient.
  • Adaptive_by_Time — Algorithm of adaptive trailing by time.
  • Time_Scale — time interval for price analysis.

Intraday trading by time:

  • Use time — If true trading will be performed by time.
  • GMT_mode — GMT offset of the broker server time; (0 - not used).
  • Every_Day_Start — Operation start time (hh:mm).
  • Every_Day_End — Operation end time (hh:mm).

Operation end time on Friday:

  • Use time — If true, trades at a certain time.
  • Disable_in_Friday — Operation end time on Friday (hh:mm).


   Our group in mql5:
016a118dc374d801

Reviews 8
Dzeraldas Prialgauskis
419
Dzeraldas Prialgauskis 2022.06.09 20:21 
 

Couple trades wasn't profitable at the beginning with little loss, matching the signal too, now very good results, +9% in 9 days. Will update after while. Now I can give 5 stars.

Harakos1805
410
Harakos1805 2020.10.09 23:41 
 

One of the few EA's that is actually making a good amount of profit! But is very Broker sensitive (Low Spread+ low Comission). Can recommend Roboforex Prime or FPMarkets according to my tests.Thank you for this masterpiece Ruslan :)

Khanh Minh Nguyen
419
Khanh Minh Nguyen 2023.10.04 05:51 
 

Good EA, I got profit

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Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
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Gregory Hay
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Welcome to   GoldExcel EA , an effective trader for the XAUUSD pair (GOLD). Developed by our team to work in normal accounts, funded prop accounts and prop challenges! Does not use HFT! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller **V3.0 Update Read Blog :  https://www.mql5.com/en/blogs/post/756411 ***IMPORTANT ANNOUNCEMENT DST TIME CHANGES - USERS PLEASE READ****:   https://www.mql5.com/en/market/product/111410?source=Site#!tab=comments&page=2 ***Next price r
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Tajammul Hussain
4.53 (17)
Hamilton: Your Gateway to Profitable CAD Trading Embark on a transformative journey in the world of forex trading with Hamilton, the latest addition to my suite of expert advisors. This sophisticated EA is designed to navigate the complex landscape of Canadian Dollar pairs and their crosses, delivering consistent results through its innovative approach. Hamilton employs a unique blend of popular indicators, including volume, trend, and trend reversal, to create a powerful trading strategy. By an
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Profalgo Limited
4.5 (10)
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Quantum Gold Emperor MT5
Bogdan Ion Puscasu
4.88 (24)
Introducing   Quantum Gold Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious XAUUSD(GOLD) pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Gold Emperor EA and you could get Quantum Trade EA for free !*** Ask in private for more details Live signal : Click
Dark Catcher mt5
Marina Arkhipova
5 (2)
"Dark Catcher" is your night hunter in a world of financial opportunity, where every dark shadow of the market becomes a source of light. This advisor is your reliable assistant, helping you penetrate the darkest corners of the market and identify prospects for successful trading. Let "Dark Catcher" illuminate your path to financial independence and achieving your goals in the financial market. About the advisor: “Dark Catcher” uses a Bollinger Bands channel, CCI indicator and several filters t
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EA Fox
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Ruslan Pishun
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Ruslan Pishun
3 (8)
The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses
EA Manager
Ruslan Pishun
3 (2)
The Expert Advisor uses a strategy based on breakthrough and two additional strategies based on sharp price changes. You can adjust the slope of the breakthrough, the distance between the breakthrough levels and the number of breakthrough levels. The Expert Advisor itself marks the levels that should be broken through. The EA includes two strategies based on sharp price changes: that is the EA opens pending Sell Stop and Buy Stop orders in case of a sudden price change in any direction and close
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Christopher Semakale
23
Christopher Semakale 2024.04.08 01:08 
 

BACKTEST RESULTS ARE EXCCEPTIONALLY GOOD BUT THEY UNFORTUNATELY DO NOT TRANSLATE INTO REALITY,WETHER YOU USE IT ON A DEMO OR ON REAL ACCOUNT.WELL OPTIMIZED SETFILES THAT ARE WORKING ON BACKTEST DO NOT TRANSLATE INTO ANYTHING POSITIVE WHEN TESTED ON THE REAL MARKETS.UNFORTUNATELY NOT WORTH IT AT ALL(PURCHASED,TESTED ON DEMO AND REAL ACCOUNT).

Khanh Minh Nguyen
419
Khanh Minh Nguyen 2023.10.04 05:51 
 

Good EA, I got profit

Hamid Aryanfar
57
Hamid Aryanfar 2022.07.13 19:57 
 

User didn't leave any comment to the rating

Ruslan Pishun
37000
Reply from developer Ruslan Pishun 2022.07.14 16:52
Thanks for the feedback!
Dzeraldas Prialgauskis
419
Dzeraldas Prialgauskis 2022.06.09 20:21 
 

Couple trades wasn't profitable at the beginning with little loss, matching the signal too, now very good results, +9% in 9 days. Will update after while. Now I can give 5 stars.

JCJ
601
JCJ 2022.02.26 11:09 
 

Was not able to obtain consistently positive results, great concept, perhaps very broker dependent

PRO TRADER
325
PRO TRADER 2021.12.01 09:53 
 

User didn't leave any comment to the rating

Jose Ramon Rosaenz Carmona
5885
Jose Ramon Rosaenz Carmona 2021.08.04 18:10 
 

Bad results

Harakos1805
410
Harakos1805 2020.10.09 23:41 
 

One of the few EA's that is actually making a good amount of profit! But is very Broker sensitive (Low Spread+ low Comission). Can recommend Roboforex Prime or FPMarkets according to my tests.Thank you for this masterpiece Ruslan :)

Ruslan Pishun
37000
Reply from developer Ruslan Pishun 2022.08.26 07:39
Thanks for the feedback!
Reply to review
Version 6.21 2022.07.19
Added an additional setting for Max Spread.
Version 6.19 2022.06.30
Some functions have been improved.
Version 6.17 2021.05.03
Added option to disable the Info Panel on the chart.
Version 6.15 2020.10.05
Improved the system for placing pending orders.
Version 6.14 2020.09.11
Minor bugs fixed.
Version 6.12 2020.09.10
1) improvements in the info panel.
2) improved the system of hidden Stop loss and Take profit.