Owl EA MT5
Live monitoring signal
NOTE: This is for monitoring only, do not subscribe to signal!
This EA trade in a very delicate way during very delicate time, be smart and don’t use copy signals service. Discrepancies in quotations, spreads, trading hours and delay in copying trades will make almost impossible to have same results. To have same results buy EA and use this broker with a raw spread (ECN) account.
Owl EA is basically a "night" scalper: it opens trades during latest hours of american session and first hours of asian one, looking for rapid and predictable movement.
It do not trade on Friday and trades will never go overweek. (I'm using another EA for this particular trading time: Relax EA).
It consists in different strategies that are automatically handled from a single EA instance to provide best possible diversification. All mathematical calculations are done focusing especially in statistical edges and stable growth, not only on profit.
No more than 1 trade for each strategy, no grid and no martingale: all trades have hidden SL and TP. Average holding time for positions of few hours.
This EA trades 10 majors and minors forex pairs based on the 5 less volatile currencies during its trading time (EUR, USD, GBP, CHF, CAD).
It’s possible to trade all pairs from a single chart or to place an EA on each pair chart to let it working by tick and not by timer. (Most of time this latest it’s the preferred option for scalping systems, anyway all tests based in both modes provide very similar results. Timer of calculations happens 4 times in a second, a long way more than ticks speed during its trading session).
This EA trade in a very delicate way during very delicate time: discrepancies in quotations, spreads and trading hours will make almost impossible to have same results with a different broker: to have same results use this broker with a raw spread (ECN) account.
Input parameter | Description |
|---|---|
| Magic number | Base ID number of trades opened by EA (EA uses multiple magic numbers, one for each strategy, adding strategy number to this ID). |
| Symbols | Symbols on which EA will work on (empty = only current chart symbol). |
| Symbols to exclude | Symbols to exclude from opening trades (comma separated, you can also enter currencies only, for example GBP,JPY to avoid all GPB and JPY pairs trades). |
| Lots | Lot size for each trade (0 = use dynamic calculation). |
| Risk factor | If lot size = 0, then specify risk factor for each trade. |
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Features of the strategy
During the A
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To keep abreast of the latest news and settings, join the telegram group: Telrgram channel for important messages on trading advisors from my profile https://t.me/MTMessages ENG https://t.me/moderntehnology RUS https://t.me/dynamictime
Please read the description in full and if you still have questions, please write to me in private messages! Before opening each trade, EA checks the trading leverage of the account as well as the margin level. I do not recommend using more than 1: 100 leve
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Set TP < + Click Set Price A simple utility that you will start to love if you do manual trading. Stop calculating risk
FREE
OnBoard stats is a panel that show in a single view a lot of usefull information about working orders and trading account. It has 4 different sub-panels (from left to right): Symbols order statistics : it can be found symbols for which there are orders (market or pendings). Symbol with pendings are colored with "Pendings color". Clicking on a specific symbol row, chart will be changed to that symbol. Current symbol statistics : informations about the "current" symbol, the one which is opened in
30 USD
Forex Meter Oscillator is an indicator that can give a whole view of forex market from a single chart, measuring currency strenghts among 28 forex pairs (majors and minors). The "oscillator" word is very meaningful: it normalizes currency strenghts in order to provide values in a predefined range (from -1 to 1).
What are normalization's advantages? It's so simple, values will always be in a pre-defined range that reflect exactly the current value compared to the last N values. In this way you
60 USD
Thermo MAP is a multicurrency and multitimeframe indicator that display a smart heat map based on proprietary calculations. It can be suitable for both scalping or medium/long term, just select options that better fit your trading style Symbols list are automatically sorted based on the preferred column. There is the possibility to click on: First row, timeframe column: to change sort index. Symbols row: to open the relative symbol/timeframe chart. Currency button at the bottom: to highlight onl
50 USD
Thermo MAP is a multicurrency and multitimeframe indicator that display a smart heat map based on proprietary calculations. It can be suitable for both scalping or medium/long term, just select options that better fit your trading style Symbols list are automatically sorted based on the preferred column. There is the possibility to click on: First row, timeframe column: to change sort index. Symbols row: to open the relative symbol/timeframe chart. Currency button at the bottom: to highlight onl
50 USD
Live monitoring signal NOTE: This is for monitoring only, do not subscribe to signal! This EA trade in a very delicate way during very delicate time, be smart and don’t use copy signals service. Discrepancies in quotations, spreads, trading hours and delay in copying trades will make almost impossible to have same results. To have same results buy EA and use this broker with a raw spread (ECN) account. Relax EA trades only on Friday, for all other days scalping look on Owl EA . Relax EA
60 USD
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Version 1.1
2021.02.23
Bugfixes and improovements
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