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Relax EA MT5

5

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.

Relax EA open trades at the end of Friday trading session looking for specific patterns, volatility and momentum on several timeframes: main idea is to catch quickly and predictable movement during the lowest volatility period.

If trades do not hit targets before the weekend closure of the market, there can be possibilities of weekly gap in trade's favour.

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 all 28 majors and minors forex pairs based on the 8 most important currencies (EUR, USD, GBP, CHF, JPY, AUD, CAD, NZD).

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).


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.


Reviews 3
EakasitL
251
EakasitL 2022.06.28 03:10 
 

So far so good. I've been running the EA for only two weeks, so I can't comment on its long-term profitability yet. What I can say, however, is that the author is genuine and cares about his customers. When I had a technical issue, he promptly helped to resolve it within an hour. I highly recommend this author.

Maurizio Francia
255
Maurizio Francia 2021.03.16 11:31 
 

Solid strategies that keep making interesting profit. Thanks

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4.68 (19)
Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and and advanced technologies in neural networks, EA is capable of analyzing historical and current
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The Forex Exchanger MT5
Fabio Cavalloni
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All explainations about the strategy:  https://www.mql5.com/en/blogs/post/747470 Live signals:  Main account:  https://www.mql5.com/en/signals/1416185 Second account:  https://www.mql5.com/en/signals/2111323 Here I will explain only the EA inputs part. This EA will be consistently updated with new and unpredictable things that can bring its performance to a better level every day! Buying this EA you will not only got a powerful automatic trading system, but also all knowledge and experience I'
Quick Trade MT5
Fabio Cavalloni
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Quick Trade is a simple but needful utility for MT5 that allows to set SL, TP and entry price for a trade in a couple of seconds, allowing also shaping right position size based on risk wanted. It provide shortcuts to save more time and of course, you can also put values typing with keyboard or drag lines at your desired value! Shortcut Action CTRL + Click Set SL Shift + Click Set TP z + Click Set Price A simple utility that you will start to love if you do manual trading. Stop calculating ris
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Thermo MAP MT5
Fabio Cavalloni
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Thermo MAP is a multicurrency and multitimeframe indicator that display a smart heat map based on proprietary calculations. Watch how Forex market moved and is currently moving with a single dashboard and have a consistent and good idea of what is happening! 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, timefram
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Spread Monitor MT5
Fabio Cavalloni
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This is a usefull utility for monitoring spread and also for recording informations to a file. (Files will be placed into "Common\Files\Spread Monitor"). There is the possibility to let the indicator calculate high/low into the past thanks to downloading ticks. (It's a slow and approsimate thing! The best way to use it is to attach to a chart and let it recording spread in real time). There is also a buffer with the average of spread in latest X periods. Easy and effective.
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OnBoard stats MT5
Fabio Cavalloni
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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
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OnBoard stats
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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
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RSI Currencies MT5
Fabio Cavalloni
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RSI Currencies is an indicator that is based on the RSI concept but with a totally different approach. It calculates its values calculating all RSI values of all pairs related to the same currency and making an average between them: the goal is to obtain a more solid and trustable information about what each currency are doing lowering the impact of market noise and extreme euphory on a particular pair to analyze the whole basket. It works on 28 forex majors and minor pairs related to these curr
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Forex Meter Oscillator
Fabio Cavalloni
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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
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EakasitL
251
EakasitL 2022.06.28 03:10 
 

So far so good. I've been running the EA for only two weeks, so I can't comment on its long-term profitability yet. What I can say, however, is that the author is genuine and cares about his customers. When I had a technical issue, he promptly helped to resolve it within an hour. I highly recommend this author.

MaxGKX
57
MaxGKX 2022.02.22 04:20 
 

User didn't leave any comment to the rating

Maurizio Francia
255
Maurizio Francia 2021.03.16 11:31 
 

Solid strategies that keep making interesting profit. Thanks

Reply to review
Version 1.31 2022.09.08
- Put the 'Symbols' variable visible again, to allow single symbol backtest (Leaving that variable empty).
Version 1.3 2022.08.30
- Added symbols prefix/suffix
- Added "Hard stop loss" functionality (0=not used)
Version 1.2 2022.02.10
Bugfixes and additional checks to avoid initialization problems
Version 1.1 2021.02.23
Bugfixes and improovements