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White Rose EA

!Please note! - The White Rose EA should be looked at more like a trading tool than a fully automated advisor, The EA has been designed to reduce the workload associated with high frequency trading. We recommend that you find the most suitable market conditions & then let the EA run during these times. Here are a few tips to help you get the most out of the software;

Quick Guide // How I Use The Software;

  1. Identify ranging markets or weak trends with regular pullback
  2. Check there are no upcoming high impact news events or potentially volatile situations (The Forex Factory Calendar is highly recommended for this)
  3. Initiate the software with your chosen parameters & supervise. EURUSD M1 is a good place to start for new users.
  4. Some users like to set profit targets & then de-initialize after they have been reached but this depends on your trading style.


Back Testing Note - The EA was not designed to run at all times - Backtesting will show balance drops during unsuitable conditions, the best way to test the software is by using a demo account.



Full Guide & Tips

The best way to use this EA is to look for ranging markets or weak trends with pullbacks and then to let the EA run during these times.

- If you suspect a strong breakout is occurring & you have open trades then you may want to consider cutting your losses, a small loss can be recovered, full balances can not. The goal of trading is to make long term profits, sometimes that means accepting short term losses. On Monday the 21st of September 2020 EU stocks opened much lower than the Friday close (amidst fears of a second coronavirus wave). This caused a strong downtrend on the EURUSD pair and is a prime example of when to cut losses and to switch the software off.

- The software should be run on a VPS server with a fast connection, the software has been designed to take small profits from minor market deviations. A fast connection is essential to capitalise from these positions.

- Please run the software on demo accounts before going live - The EA trades in a way that may not suit all traders so please understand and familiarise yourself with the trading style and expected drawdown levels. Please determine an acceptable drawdown limit for yourself and adjust your stop loss accordingly. 

- The software can trade any pair under the correct conditions however we recommend that new users only trade EURUSD M1 until they are comfortable using the software.

- The EA strategy is to take small profits per trade from minor market deviations.


Free Version Features

-Two built in safety features (stop loss in both currency £150 & pip value 100)

- Easy to use 

- Spread & slippage protection (Both 2)

- Optimized for sell orders only


No martingale system is used but the EA can open multiple positions in the same direction when a new signal appears, they will all be the same lot size. It works with basket profit. Please backtest on EURUSD M1 with 100% data and a low spread of 0-3.

This version trades 0.01 lot size and has been optimized only for sell orders

-

The data used is 100% Tick data from Tickstory - Less accurate data will show less accurate results.

This version has no adjustable parameters. Visit whiterosefx.com to ask any questions.

Requirements

- A zero spread / razor / raw spread account 

- It runs on the EURUSD M1 chart

- Minimum balance of £500 with 1:500 leverage

- Fast reliable VPS, <20ms connection. The MQL5 one works well.


Back test results are with 100% Tickstory data. 

Reviews 4
R. Tjahyo Sembodo
472
R. Tjahyo Sembodo 2020.10.13 08:46 
 

Been running it for more 2 weeks in demo and live.. I like this EA so far.. Thank you and keep the good work!

Jonah3000
267
Jonah3000 2020.09.24 18:14 
 

Good for when market is going down. I like it.

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Trend Line GRID mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!! 🏃   🏃   🏃 Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $98 (next price --> $149  --> $199) This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 The User's manual:   here   📢   Telegram:   https://t.me/   INFINITY_PRO_ED   📈  Real account signals:     here 🔥🔥🔥   Promo "Buy one Get one free  
98 USD
Falcon Scalper Pro
Michela Russo
Super Cyber Monday   Discount   Only Today, 50% OFF! Falcon Scalper Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades in all session.   Backtest Now! Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Bee Crazy Pro ! (All future updates included) -> To Receive it, P
145 USD
CheckPoint
Vasiliy Strukov
⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐ Midnight is the closing time of the daily candle; it is the time of equilibrium between sellers and buyers. It was at this time that the adviser opens two orders in opposite directions. It is also possible to open the user at a specified time, or trade non-stop in the "enter right now" mode. Real-time results can be viewed  here . Manual for EA at comment  #21 Set files at comment #52 Telegram group 
45 USD
Turtle Scalper Pro
Michela Russo
Super   Cyber Monday   Discount   Only Today, 50% OFF! Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Gold Butterfly Scalper Pro ! (All future upda
145 USD
GerFX Density Scalper
Exler Consulting GmbH
BLACK FRIDAY PROMOTION  IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movemen
1 700 USD
Billion Idea
Dhanaraj
  💎 💎 💎 💎 💎 Welcome To Billion Idea (BI) Expert Advisor (Trading Robot) 💎 💎 💎 💎 💎 HOLIDAYS OFFER PRICE $ 99 (ONLY 2 COPIES LEFT)  Billion Idea (BI)  EA is a Safe Scalper System   for Trading on Forex. Exclusively developed for GBPUSD Pair . BackTest Now !   The EA enters the market with certain unique conditions. The EA is based on Unique Strategies, and NOT Uses MARTINGALE, GRID and other Dangerous Strategies . All Deals are covered with Tight Stop Loss and Optimized Take Profit leve
99 USD
Golden Ticket
Ramil Minniakhmetov
  Golden Ticket   works on the WPR indicator - which allows you to determine the oversold and overbought conditions of an asset and enters at possible reversal points. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Recommendations Recommend pairs EURUSD  Time Frame  M15  Recommend deposit  1000 usd or 1000 cents  Recommend settings   Default settings XAUUSD here Inputs Value New Cycle  —   whe
69 USD
Filter:
Jonah3000
267
Jonah3000 2020.09.24 18:14 
 

Good for when market is going down. I like it.

Tom Makken
28
Tom Makken 2020.09.25 14:14 
 

User didn't leave any comment to the rating

R. Tjahyo Sembodo
472
R. Tjahyo Sembodo 2020.10.13 08:46 
 

Been running it for more 2 weeks in demo and live.. I like this EA so far.. Thank you and keep the good work!

Kan Leung
63
Kan Leung 2020.10.19 16:45 
 

lost over 100USD with in few hours, danger

Reply to review
Version 1.2 2020.09.28
Essential code updates & new user guide.
Version 1.1 2020.09.21
Updated parameters