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Assistant 5ers Aggressive Evaluation Programs MT5

60 USD

Author debarred from selling products

Demo downloaded: 3

Published: 23 April 2021

Current version: 1.1

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Assistant 5ers Aggressive Evaluation Programs MT5

Utilities
Omar Andres Bernardi
Version: 1.1
Updated: 26 April 2021
Activations: 5

This EA will help you with any of the 5ers Aggressive Evaluation Programs.

a fully functional DEMO version can be downloaded for FREE from here:

https://www.mql5.com/en/market/product/67575

- It will let you easily visualize how far you are from target milestone and max loss limit. It takes into account the open positions for the same currency pair and the resulting compound leverage, displaying the amount of pips needed in the current situation to reach any of the levels. This works as a visual gauge of the leverage used. The pips required to reach any level reduces drastically as you increment leverage.

This is more useful when the account is not in profit and you need to pay attention of the losses not getting close to the termination level (-4%). As you can easily see the amount of pips needed to reach that level, you can adjust the leverage accordingly to keep the account safe.

- Also helps you quickly visualize what the projected return/loss of your current positions will be if the price moves to different price levels. It takes into account any open trade on the same currency pair (with their corresponding stop loss and target profit if set) in order to calculate the profit/loss of each individual trade at the different price levels.

Entries in opposite direction at the same time are supported, and their effects on the account equity are properly reflected.

It also takes into account any pending orders, provided the entry price is reached when evaluating a price level.

Price levels are configurable to just use big figures, or rounded number of pips, like 50, 25, 20, etc

The default configuration uses big figures (100 pips steps) to project profits/losses.

This EA is informative only. It will not affect any open positions in any way.

IMPORTANT: The calculations are useful if you are trading just ONLY ONE currency pair with one or several entries. If you have open positions in different pairs, other positions different than the chart's one where this EA is running will be ignored for calculation purposes. So if you are trading different currency pairs at the same time, despite you can deploy the EA in different charts, the calculations performed by this EA will probably not be so useful.

If you are running another EA in your terminal for trading, you can deploy this one in another chart window of the same currency pair, without affecting the trading robot on the other window.

Parameters

InitialBalance:The amount of money on the trading account when starting the evaluation program.

MilestoneTarget:The amount money profit required to pass the program.

MaxLoss:The amount of money allowed to loss from the initial balance.

Defaults values for these parameters are set for the most popular program, the 40K. InitialBalance=10000; MilestoneTarget=1200; MaxLoss=400;

ShowAsPct: Displays the amount of profit/loss at the different price levels as percentages or money amount. Default is true.

ShowAsDif: Displays the amount of profit/loss as the differential earned/lost if the price moves to the indicated level, otherwise it will show it added to the initial balance (accumulated). Default is true;

StepPips: the first parameter the size in pips between price levels. The default is 100 pips, which will generate price levels at big figures. If you want to see levels closer, just set a value of 50, and price levels will show separated by 50 pips instead.

AlertIfProfitAbove: Allows the expert to issue an alert if the profit exceeds a configured %. Default is 12.0%

AlertIfLossBelow: Allows the expert to issue an alert if the losses exceeds a configured %. Default is -3.0%

SoundAlertsEnabled:This allows the expert to play a sound together with the visual alert. Default is true.

PanelLocationX, PanelLocationY, PanelWide, PanelSize:A set of coordinates and length properties in case you want to relocate or resize the panel.

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Version 1.1 2021.04.26

minor fixes