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Naked Trader by Capitarc

CAPITARC`s NAKED TRADER Expert Advisor for MT5

 

Naked Trader -is a professional expert advisor used by our investment firm it is based on pure price action. This product is looks at all the price action patterns, candles and possible trend reversal formations of the ever changing markets, while the usual experts are based on one or two indicators, this expert trades naked! Literally! Pun Indented!

FOREXSIGNALS uses a similar robot for their INTRADAY trades.

This allows the expert to adapt to the ever-changing market without the need to constantly optimize, just make sure you find the right inputs for your trading style. 
The Naked Trader is currently optimized for H4- XAUUSD. The results can be visualized in the presented screenshots.

The robot works once per candlestick, based on the timeframe you use, kindly optimize the inputs for your trading style. When a candle is engulfed, a hammer head appears, a pin-bar appears on confirmation of the support resistance areas, the robot initiates the trade!

Why choose NAKED TRADER (Expert Advisor)

  • The advisor is suitable for both scalping and intraday trading. 
  • Works best on higher timeframes.
  • The advisor is adaptable to all timeframes and currencies.
  • The indicator uses a price action, make sure your broker is reliable.
  • It is possible to evaluate the effectiveness of the expert on history.
  • The advisor trades are done strictly on the "Close of the bar".
  • It can be used as a standalone tool to be used for trading.
  • The advisor holds steady outcomes constantly trailing stops and steps if required.
  • The advisor manages risk with perfection.
  • The advisor has an optimum operation algorithm, therefore the terminal does not "freeze".


Recommendations on using NAKED TRADER MT5

BuyStop : The pending order are placed above an interval placed in the input amount of pips above the reversing candle.

SellStop : The pending order are placed above an interval placed in the input amount of pips above the reversing candle.


Advisor Inputs 

  • intervalPips          = 50;                               // interval in pips for SL and Stop Order from the pattern forming engulfing bearish/bullish, Pin-Bar, Hammer Head etc
  • lotSize              = 0.10;                                      // lot Size of position
  • MaxTrades            = 20;               //Maximum trades per symbol
  • AutoLot           = true;                  // AutoLot (percent from a free margin)
  • Risk              = 2;                   // Risk percent from a free margin 1% is 0.1 for 1000, 10% is 0.1 for 1000$
  • TakeProfit        = 100;                                //Take Profit in pips
  • magic             = 962231;                         //Magic number
  • slippage          = 0;                                      //Slippage
  • ExpDate           = 0.1;                          //Expiration time of the Order (Minutes)
  • bar1size          = 100;                        //Size of the previous Bar of opposite direction size
  • bar1sizeaspect     = OpenClose;        //Aspect to decide price levels High/Low or OpenClose
  • comment           = "This is a NakedTrader Autotrade"


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4 (9)
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Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP: Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent
Boring Pips MT5
Thi Thu Ha Hoang
4.71 (28)
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Nexus EA Forex MT5
Enrique Enguix
4.5 (12)
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Why do most EAs fail? Many Expert Advisors rely on temporary statistical advantages that disappear when the market changes, which happens continuously. The problem of over-optimization Moreover, most developers fall into the trap of fine-tuning their EAs to achieve perfect results in the past, without realizing that this won't translate to future market performance. It is crucial to conduct tests that consider future scenarios. The importance of diversification It is crucial n
Golden Taipan FX
Michael Prescott Burney
4.23 (13)
Experts
Golden Taipan FX: The Elite Trading System for XAUUSD H1 Overview: Golden Taipan FX is a cutting-edge trading system engineered specifically for XAUUSD on the H1 timeframe. With over 200 precisely crafted strategies, this system is designed for speed and efficiency, delivering consistent, high-quality trades that maximize profitability. With an impressive win rate exceeding 90%, Golden Taipan FX is your go-to solution for reliable and substantial returns in the gold market. Key Features: High W
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Aleksandr Chebotaev
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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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