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PraNik EA macd levels MT5

Easy to use EA designed to auto trade EURUSD M5 only. Works in every market condition. It uses reliable levels of MACD indicator combined with unique logic to perform fully automatic trading operations. Recommended for weekly use.

Special Note: You can ask me for source files i.e. mq4 and mq5 file to improve or change and make your own EA from it. Obviously for a price!!

This EA is made for EURUSD M5 only. Yes, you can use it on other pairs too but it will NOT be as effective.

**IMPORTANT:

  • Do not use or back test it for longer periods! It is NOT your usual EA. Made for weekly use only i.e. Enable it on Mondays and Disable on Fridays OR Enable on Monday and exit when in profits!
  • Default inputs are NOT optimized!

*For MT4 version please go here!

*If you don't like automated system and only need an alert system to help you in trading. Please check this arrow with alert system here!


FEATURES:

  • Dangerous methods like martingale, hedge, grid or scalping are NOT used.
  • Positions get closed even if Stop Loss or Take Profit NOT set.
  • Positional trading with user filled risk parameters.
  • Minimal look of inputs tab for ease of use.
  • Not sensitive to broker conditions.


ACCOUNT REQUIREMENTS:

Symbol = EURUSD, Timeframe = M5 (5 minutes) only.

  • Minimum balance              =    $1000
  • Minimum leverage             =     1:50
  • Recommended balance      =    $10000
  • Recommended leverage     =    1:500

*Highly recommended to run it on a VPS for uninterrupted operations 24X5.

 

SETTINGS EXPLAINED:

  • PositionLotSize            =     Fixed volume size for initial position only.
  • PositionStopLoss          =     Stop Loss in pips for initial position and follow up positions combined.
  • PositionTakeProfit       =     Take profit in pips for initial position and follow up positions combined.
  • TrailingStopPips           =     Trailing stop loss for all the positions combined.
  • TrailingStepPips  =     Trailing steps for all the positions combined.
  • OrderLotSize               =     Fixed volume size for each follow up position. (Opened after initial one).
  • OrderDistancePips       =     Distance between each follow up position in pips.

NOTE: In “OrderDistancePips” you can use a negative value/number. What it does? It opens follow up positions in opposite direction from the initial position. If positive then opens follow up positions in same direction as the initial position. Please see the related screenshots (screenshot no.7 and 8) for better understanding.

 

RECOMMENDATIONS:

SETTINGS FOR $1000 Balance, 1:500 Leverage EURUSD M5

  • PositionLotSize          =     0.1 or lower     
  • PositionStopLoss        =     0.0 (best not to use because of opposite close)                
  • PositionTakeProfit     =     0.0 (best not to use because of opposite close)
  • OrderLotSize ­            =     0.1 or lower
  • OrderDistancePips     =   -10 pips or higher

 

  SETTINGS FOR $10000 Balance, 1:500 Leverage EURUSD M5

  • PositionLotSize          =    0.5 or lower      
  • PositionStopLoss        =    0.0 (best not to use because of opposite close)                                 
  • PositionTakeProfit     =    0.0 (best not to use because of opposite close)                 
  • OrderLotSize ­            =     0.5 or lower
  • OrderDistancePips     =   -5 pips or higher

 

THINGS YOU SHOULD KNOW BEFORE BUYING!

Please be aware that all EAs have some drawdowns. Download the free demo today, test it yourself first and try to find suitable settings for your risk appetite (most important). If need any assistance I am here to help. Send me private messages >>> Here!

Balance used in the tester is $1000 which is NOT recommended for the default inputs settings.

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The  Moment Catcher  Expert Advisor works on most currency pairs and it generates massive profits. It has various parameters (lot size - fixed or relative to the Equity, Stop Loss and Take Profit levels, Trailing Stop, Reverse Orders and thresholds like minimum balance and equity variables), and it is not bound to a specific timeframe. It uses a unique technology to identify small trends and get profit on trend and non-trend markets. You can decrease the lot size (e.g. FixedLot = 0.01 for a real
3 000 USD
Flet scalper
Flet scalper
Dmitiry Ananiev
Tick channel scalper for flat markets or for markets with frequent pullbacks. The robot is set to EURAUD. Brokers with minimal spreads and commissions are recommended. For example Rannforex.com or ICMarkets.com The EA has a unique algorithm that works on ticks and does not depend on the timeframe. Opening hours are configurable. Trading is possible both at any time period and around the clock. File for optimisations and test on Tester  include in my blog   -  https://www.mql5.com/ru/blogs/post/
1 250 USD
High Frequency Scalper Trading Series 1 01
High Frequency Scalper Trading Series 1 01
Amit Suryakant Jamuda
This is the same Expert Advisor as High Frequency Scalper Trading Series 1. Created due to requests from potential buyers to have a version of EA that runs on Live Accounts, however cheaper to buy. All the features are the same except you can't change the volume per trade on this version. If you find the EA interesting, do buy the full version from https://www.mql5.com/en/market/product/1115  where you can change the volume of trades. This will motivate me to invest more time and resources to cr
1 000 USD
MT5Programmer Machine Plus
MT5Programmer Machine Plus
Clemencau Herge Nguepi
MT5Programmer_Machine_Plus is a powerful MT5 Expert Advisor working on 6 currencies pairs - EURUSD, EURGBP, GBPUSD, USDCAD, USDJPY and GBPCHF. It uses partial close feature to close positive trades as well as distribution between currency pairs to open positions. Live testing results can be found here: https://www.mql5.com/en/signals/43113 Deposit amount: $3 000 or more. Recommendation 1 If your account currency is USD, attach the EA to EURUSD chart only and close all other open charts If your a
1 200 USD
HiddenSpiderwebBasic
HiddenSpiderwebBasic
Vladimir Suschenko
HiddenSpiderwebBasic is the basic Expert Advisor version from a project of the "Hidden Spiderweb" series. All Expert Advisors of the series utilize the same underlying algorithm. The logic of the "Hidden Spiderweb" suggests that it is a virtual gridder. Does not use pending orders, the grid parameters are calculated and stored inside the EA, and then are implemented as orders of type TRADE_ACTION_DEAL. The difference of the EA from the most of the existing grid-strategies is in its key feature:
1 499 USD
Majorex
Majorex
Samuel Oyeniyi
Majorex follows the daily trend. As the swings correct themselves the EA enters the trades at an optimal point. The algorithm used obeys the classical Elliot waves principle. Stoploss is based on a conservative 300 pips and trades are trailed on Parabolic SAR and Fibonacci targets. Results has been tested on EURUSD and USDCHF but suitable for any strongly trending pair. The primary indicators used are Zigzag with default settings, Bollinger Band with settings of 50 periods and 2 standard deviati
2 000 USD
Rallyx
Rallyx
Samuel Oyeniyi
Rallyx follows the daily trend. As the swings correct themselves the EA enters the trades at an optimal point. The algorithm used obeys the classical Elliot waves principle. Stoploss is based on a conservative 300 pips and trades are trailed on Parabolic SAR and Fibonacci targets. Results has been tested on EURUSD due to its advantageous liquidity and ten selected pairs but the EA is suitable for strongly trending pairs. The primary indicators used are Zigzag with default settings, Bollinger Ban
1 499 USD
Eagle Scalper MT5
Eagle Scalper MT5
Yang Wu
A scalper system only work during Asian hours. Several unique indicators to detective the price fluctuation. Dynamic TP/SL level according to market conditions. Fixed stoploss to protect the capital, very low risk of losing a lot of money. No need to obtain SET files. The parameters are the same for each currency pair. It is optimized to work on EURAUD . It is recommended to use Eagle Scalper on M15 chart. It is recommended to run it on a real ECN broker with very low spread . It is recommended
5 000 USD
Gold Long Term Trend
Gold Long Term Trend
Zhenyuan Liang
Gold long-term trend system is an efficient mechanical trading strategy. It refers to the trading approach that trails the long-term trend by modifying a stop loss. It works on GOLD H4. The minimum deposit is $1,000, recommended more than $10,000. Features No grid, no martingale. No pending orders are placed: only market orders. Every order has a stop loss. Parameter AllowBuy - allow buy position. AllowSell - allow sell position. EquityDrawdownMax - allowed maximum equity drawdown according
1 000 USD
Gold Momentum Trend
Gold Momentum Trend
Zhenyuan Liang
Gold Momentum Trend system is an efficient mechanical trading strategy with active position management, which is based on calculating the momentum of trend. It works on GOLD H4. Features No grid, no martingale. High recovery factor, high profit factor. No pending orders are placed: only market orders. Every order has stop loss. Active position management. Parameter AllowBuy - Allow buy position. AllowSell - Allow sell position. FixLot - Trading with fixed lots or fixed percent. FixLotKtr - Fixed
1 800 USD
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PraNik EA macd levels MT4
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Prafull Manohar Nikam
Easy to use EA designed to auto trade EURUSD M5 only. Works in every market condition. It uses reliable levels of MACD indicator combined with unique logic to perform fully automatic trading operations. Recommended for weekly use. Special Note: You can ask me for source files i.e. mq4 and mq5 file to improve or change and make your own EA from it. Obviously for a price!! This EA is made for EURUSD M5 only. Yes, you can use it on other pairs too but it will NOT be as effective. **IMPORTANT: Do
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PraNik EA arrow only MT4
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Simple arrow with alert on chart. This is NOT an entry indicator but a direction indicator. It uses MACD signal line to show you possible future direction of a trend. Please use it with other filters or confirmations to trade properly. Recommended for scalping and short term trades. Made for EURUSD M5 but it should work on every major pair on M5 timeframe. For MT5 version please go here! *If you need a fully automated trading system. Please check this EA here! FEATURES: Very simple directional i
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PraNik EA arrow only MT5
PraNik EA arrow only MT5
Prafull Manohar Nikam
Simple arrow with alert on chart. This is NOT an entry indicator but a direction indicator. It uses MACD signal line to show you possible future direction of a trend. Please use it with other filters or confirmations to trade properly. Recommended for scalping and short term trades. Made for EURUSD M5 but it should work on every major pair on M5 timeframe. For MT4 version please go here! *If you need fully automated trading system. Please check this EA  here! FEATURES: Very simple directional in
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Version 1.1 2021.01.17
Update Version 1.1

1. Added Trailing Stop Loss
2. Improved algorithm