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Dax30 Ea Mt5 Hk

5

Dax30 Ea Mt5 Hk.: Version 8.01 For Dax40(De40)(Ger40)

The Dax30 EA MT5 HK is a product for traders who are interested in trading in DE40(DAX40) index of CDF. The Dax30 EA MT5 HK is likely an automated trading system that uses technical analysis and algorithms to trade the DAX40 index. By automating the trading process, the product aims to eliminate emotional and psychological biases from the decision-making process, potentially leading to more consistent and stable with low risk. The Dax30 Ea operates based on the highly reliable Daily Technical starting trend analysis. To minimized potential draw-down, Ea is set to opening only one daily position. The Ea has been optimized for multiple Index CDF and future offering versatility in its trading approach. Unlike traditional trading methods, Ea dose not use any stop loss. Ea relies on a combination of established market indicators and volume trends to determine the market trend and execute trades. Utilizing a novel strategy of buying and selling at market price on fixed daily time range on new bar open, the Ea operates with a high level of precision.

All Details of Ea.  For limited time offer: If you buy Dax30 Ea you will get one more Ea as free Gift.

For testing Ea on DE40 symbol you not required any set file, run EA on Auto lot mode with minimum Balance of $400 where lot size step = 0.10 per 300 balance. EA's old version set file might be not work properly, so use latest set file to works with new version v.8.01 of the EA. 
Working Symbols are: DE40, DAX40, GER40.
Settings may be different for Broker-Wise trading condition like minimum lot size and Maximum lot size. For first time testing of the use default settings with minimum 400$ balance on H-1 time chart.      
Ea settings come default For DE40 Index. Required minimum Account balance 300 for lot step start from 0.10. Fot Auto lot calculation use minimum 300 balance for 0.10 lot size in Ea input. Suitable brokers are IC Market and Tick Mill or any Low spread broker, For latest set file please check in comment area or send me message.

Recommended timeframe: H1,  Minimum Balance: 300 USD, Suitable Risk Balance Step = 500 for lot size = 0.10.

Features:

  • Ready to use on DE40 index on H-1 time chart. No set file required for DE40(Dax40) index.
  • Very easy to use: just read below instructions. Ready to works with default settings.
  • Much cheaper than other available in the market.

How to install

  • The EA must be attached to DE40(Dax40)(Ger40) one H1 chart is recommended
  • Set Lot Size Fix = 0.10, If Fix lot = 0 that means Auto lot calculation on Balance Step of 300 for 0.10.  Risk Level specification:  High Risk = 300, Medium Risk = 400 and Low = 500 Balance Step for Minimum lot size 0.10
  • Use recommended index only. You don't need any set files, all settings are stored internally in EA. Request to change lot calculation on Auto for good result and risk management. Use medium risk = 400 Balance Step for stable result with low DD. Add minimum 500 balance in account with lot balance step of 400.
  • set Virtual Take Profits points = 23(Virtual profits = 23 usd per 1 lot)
  • Set Ea Start Time and Stop Time = Default 10 to 13. Ea don't open trades after 13.
  • Select Friday for working true or false. As per default setting Friday trading is allowed. 
  • Set Instant Recovery Distance in price and lot multiplier in percentage of first trade(Ea. 100 = x1, 300 = 3x of first trade.) New option is added in the Ea.
  • Ser Regular Recovery Distance in price and lot multiplier in percentage as above.(Default settings is best, not need to change any thing.  

Requirements

  • The EA is NOT sensitive to spread and slippage. But I advise using a Good ECN broker or Low Spread broker.
  • The EA should run on a VPS continuously but don't open trades every day. You have to wait for correct signal in EA for trading.
  • I advise  to use minimum 1:200 leverage to work with low risk settings with fixed lot size 0.10. Use Minimum 1000 USD balance to work smoothly on Auto Lot on Balance step of 400 without any High DD. Minimum DD will be 20% to 35%.

Lot Size settings

  • Lot-sizing Method = Fixed Lot or Auto Lot on Balance Step of 400 for 0.10 lot. 
  • Lot multiplier percentage after open First Trade. 
  • Allow Recovery to opening of recovery orders if first open trade profits is below 0 and floating PnL is in loss.
  • Maximum Lot - max allowed trading lot = 10 for account account up 5000. For testing EA on 100000 balance account change limit to 100 from 10. 
  • Maximum Spread = 0; Ignore spread limit other wise EA don't open trade in High Volatile market condition.
  • Maximum Slippage - maximal slippage limit = 100
  • Ea don't allow opening multi-directional trades on the same symbol
  • Allow to Buy = True, Sell = True, Buy-Recovery = true, Sell-Recovery = true, Buy Recovery instant = true and Sell Recovery Instant = true.(Instant Recovery order is work only one time if only 1 position is open. After that Ea works on Regular recovery mode.

Recovery Trades Settings

  • Instant Recovery Trade at Distance in Price of 300 from first open trade trade price and Set  Minimum = 0 price Distance for regular recovery option. Ea don't working as regular grid EA. Ea have set only 1 recovery order per dat at fixed time of day at 10 when market start. 
  • Max Open Trades limit 100.
  • Maximum lot size limit is 10 for first trade on any balance account size. You need to change Max Lot Size limit only when you using 40k to 50k Balance for testing EA.
  • Maximum total all open trade size limit is 100 default set in the Ea. When Ea reach at Auto lot size 100+ you have to set it as Maximum limit allowed by broker. 
        Contact me any time for any confution on testing or Installation of the Ea.
Reviews 2
steler21
38
steler21 2023.05.29 11:12 
 

Hello, Ea is working very nicely. I just added in Real account. I will update my result you later after one week.

Hamad Albaghli
1344
Hamad Albaghli 2023.01.31 18:31 
 

Excellent support by the author , worked very fine in backtest and forward test,you can check live monitoring at his signal.

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Filter:
steler21
38
steler21 2023.05.29 11:12 
 

Hello, Ea is working very nicely. I just added in Real account. I will update my result you later after one week.

Pankaj Kapadia
2211
Reply from developer Pankaj Kapadia 2024.02.03 02:02
You're welcome! If you have any more questions or if there's anything else I can help you with, feel free to ask. Happy trading!
Hamad Albaghli
1344
Hamad Albaghli 2023.01.31 18:31 
 

Excellent support by the author , worked very fine in backtest and forward test,you can check live monitoring at his signal.

Pankaj Kapadia
2211
Reply from developer Pankaj Kapadia 2024.02.03 02:03
Thank you Mr. Hamad Albaghli for your valuable positive feedback on Dax30 Ea. If you have any more questions or if there's anything else I can help you with, feel free to ask. Happy trading!
Reply to review
Version 8.1 2024.02.21
Dax30 Ea Mt5 Hk v.8.00
Strategy optimized from Jan-2021 to Feb-2024.
Add Instant recovery for Buy Orders option if market fall more then 300 points in one day after buy order open.
Best working time chart is H-1, Best working time: 10 to 13.
Best working symbol is DE40(Dax40) (Ger40 Index) CDF or Future.
Minimum Balance Require is $300 to start work with minimum lot step 0.10.
For Tick mill broker use Lot multiplier x10 instead of 1, Because Tick Mill offer minimum lot step = 0.01. You run Ea on Tick Mill Broker with Minimum Balance of $100 with Fixed lot size 0.02.
Ea comes with default settings to works with Tick Mill Broker on H-1 time chart.
For working Auto Lot you have just change 0 input in Fix lot input. To test ea use minimum $300 Balance with Auto Lot on Balance Step 300.
Remain all fields are same and not required any changes. Contact me privately if interested in Dax30 Ea Mt5.

Dax30 Ea Mt5 Hk v.8.01
Fixed Ea comment input option and added Friday Trading option with Friday closing at Fixed time option.
As per Ea settings Ea allowed friday also in trading day.
Version 8.0 2024.02.19
Strategy optimized from Jan-2022 to Jan-2024.
Add Instant recovery for Buy Orders option if market fall more then 300 points in one day after buy order open.
Best working time chart is H-1, Best working time: 10 to 13.
Best working symbol is DE40(Dax40) (Ger40 Index) CDF or Future.
Minimum Balance Require is $300 to start work with minimum lot step 0.10.
For Tick mill broker use Lot multiplier x10 instead of 1, Because Tick Mill offer minimum lot step = 0.01. You run Ea on Tick Mill Broker with Minimum Balance of $100 with Fixed lot size 0.02.
Ea comes with default settings to works with Tick Mill Broker on H-1 time chart.
For working Auto Lot you have just change 0 input in Fix lot input. To test ea use minimum $300 Balance with Auto Lot on Balance Step 300.
Remain all fields are same and not required any changes. Contact me privately if interested in Dax30 Ea Mt5.
Version 7.0 2023.12.31
Fixed Minor Description Text.
Fixed Equity Hard Stop-Loss problem.
No changes in Old strategy.
Version 6.2 2023.12.28
Dax30 Ea Mt5 Hk v_6.02 Dt.28-12-23
Default working time chart = H-1(1 hour time chart)
Default working symbol(Index) = DE40, GER40, DAX40.
Minimum Balance Required 300 Balance for Min Lot Size = 0.10 For DE40 Index(IcMarket).
To increase Lot size more above 1, Change Max_Open_TradeSize_Limit From 1 to 20.

Other working symbols: UsTec and Us30:
working time chart H-1.
Note: You need specific Set file for working with Us30 and UsTec with Less Risk and stable result.

You can contact me anytime for Ea settings.
Version 6.1 2023.12.16
Fixed minor bugs.
Removed some unwanted input option.
Best working on DE40 index. Default settings for DE40.
Minimum Balance Required 300 USD.
Max Lot Size is set to 1 default. You can increase Max Lot Size From 1 to 20 Max according to your Balance.
You can also contact me for Ready Set file for the Ea.
Version 5.66 2023.10.27
Ea Strategy Update.
New Input Added in the Ea Settings: Open Order Closed at Fixed the Time Hours.
Default settings for DE40, Dax40, Ger40( Future and CDF)
Requirement: Mt5 Account Netting and Hedging Both Support.
Minimum Balance Require 1000 for Low Drawdown. Lot Size calculation 0.10 on Fixed Balance Step
Ea supports Other Index Also, contact us for settings to work with Other Index.
Version 5.55 2023.06.28
Ea strategy Update in version v.5.55
Default working on DE40(Dax40) on H-1 time chart with a Minimum Balance of 300 on All brokers with Lot Digit =1(0.1) Minimum Volume step = 0.1
Ea working on UsTec on Time Chart H-1 with using of Set. With a minimum Balance of 100 USD.
Broker to Broker Settings is Different. Ask us for your perfect set file for working on Live Real Account.
The best Broker is IcMarket and TickMill.
For working on DE40 and USTEC both symbols on Real Account you Need a Minimum Balance of 500 USD.
We provide you set the file as per the symbols specification of your broker.
Lot Size calculation if AutoMode on Balance of 300 USD for starting Minimum Lot = 0.10.
Version 5.51 2023.06.24
Dax30 Ea v_5.51 Strategy Update.
Best Working With DE40, GER40, DAX40 symbol on H-1 Time Chart.
Best Broker IcMarket, TickMIll with Minimum Leverage 1:100 and Above.
The minimum Balance Required is 300 USD and a Multiple of 300 USD (For Minimum Lot Steps Start From 0.10)
On TickMIll Broker Minimum Balance Required is 300 USD.(For the Minimum Lot Steps Stat From 0.01).
Version 5.34 2023.06.06
Ea strategy optimized updates some parameters.
Now Ea is able to work on Both Indexes "DE40" and "USTEC".
Default settings for IcMarket Broker DE40 index on H-1 time.
Required Minimum Balance 1000 for two symbols.
You required different settings for TickMill and IcMarket Brokers and Also for Different Symbols.
For proper settings contact us via the mql5 chat app.
Settings may be different for different brokers and different symbols.

Version 5.33 2023.05.30
StopLoss and Take Profits Problem Fixes.
Added Take Profits and StopLoss in Equity Amount and Also in Terms Of Percentage of Account Balance.
As per the request received from the customer, we updated the EA.
Version 5.32 2023.05.28
Strategy Update With Extra Risk Management Settings.
Add an Option for Less Account Balance for trading in a Fix Percentage of the account balance.
Add Lot Size multiplier if Broker's lot size step in Dax40 is = 0.01 and for other broker settings are default.
Version 5.31 2023.05.27
Ea strategy Update.
Spread Problem Fixed.
Working Best on DE40, DAX40, GER40 on H-1 time chart with Default Settings and
Version 5.30 2023.05.11
Strategy Updated.
Fixed problem in Auto Lot with 1 Digit and 2 Digits Lot Step on other Broker on Testin Ea.
You can test Ea on Any Broker On Real Tick Base Data history From Dt.01-01-2021 to the Current Date.
Strategy fully optimized on Last 2 and half years Real Tick Data History.
The recovery Lot multiplier Default is set to 100% from the last in New Version For low Risk during a heavily volatile market.
Auto Calculations on Balance Allocation by you from 300 to 1000 For Minimum lot Step 0.10(IcMarket and Other Broker) and from 30 to 100 for Minimum lot step 0.01(TickMill Broker)
The last and final Update is done. The next update will be done as per the request received from the customer if required.
We continuously observe Ea performance on the Demo account from Jan-23 and also started on Live Real Account From May-23, and will take necessary action in the Ea if required.
Version 5.28 2023.05.10
New features added in Ea Input Option:
Fixe Lot =0.10 (Default settings.)
If Fixed lot=0 Means = Auto Lot is Enabled.
For Auto Use Balance Stepper lot 0.01(Minimum)
Lot Didits = 2(2= Lot 0.01, 1= 0.10, 3=0.001)

Recovery Order Lot Multiplier in Percentage of First Order:
You change value according to you.(100 = 100% = Last Open Lot Size x 1 ),(200 = 200% = Last Open Lot Size x 2)
Version 5.27 2023.05.02
1. Fix Lot Size option added
2. In Auto Lot Freez Balance in Percentage Of Equity is added to Save some Fixed portion of the Account Balance for Safety and Reduce Huge DD.
3. For Loss Recovery Order percentage of First Trade Lot size multiplier option added for fast recovery of losses.
4. Negative Swap charges are also calculated into Take Profits if Trade is not closed on the same day.
Version 5.26 2023.04.21
Minor bug fixed related to AutoLot Size.
Version 5.25 2023.03.05
Ea fixed minor problems of an Order comment.
Ea optimized for More positive trades.
The new version of Ea is working on DE40 Index and UsTex Index on M-10 charts.
Version 5.24 2023.03.04
Trade Settings Default For DE40 Index(Dax40), German Index.
While on Testing Set Time From hour = 9 and Time From Minute = 30,
Fixed Auto Lot Settings per Balance with minimum Lot Step.
Add Order Swap charges calculation In Profits.
Add Balance Freez Option For Protection against Big Draw Down.
Version 5.23 2023.01.09
Just fixed small inputs and nothing changed from the previous version.
Version 5.21 2023.01.08
New Updated Ea is able to work on Many More Currency Pairs along with Dax40 Index on Any Broker. For testing Ea in Mt5 Tester on Real Tick Data use the set file given by me in the comment area.
Version 5.12 2021.12.06
Some description changes and no more.
Version 5.11 2021.12.06
Dax30 Ea v.5.11
All settings of Ea are calculation Pips Basis.
Works on Scalping Strategy.
Working on TickMill and IcMarket with Our Set File.
Dax30 Ea v.5.11 support De40 Index And Us30 Index On M-5 Time Chart.
Test Ea as mentioned in the set file:
M-5 means 5 Minute Chart, M-15 Means 15 Minutes chart.
Version 3.1 2021.11.19
Changes in Take Profits in Second Buy Order;
Version 3.0 2021.11.19
Update Ea to Investment Purpose.
Version 2.50 2021.11.10
Updated Version v.2.50
Recovery Order Price Distance In Percentage For 2nd Order
Buy-Order =True/False
Sell-Order = True/False
you can manage Only Buy, Only Sell Or Both Buy, Sell According Market Situation
Stop Loss Error Fixed.
On Chart Account Info Display
Version 2.0 2021.10.30
Fixed Take Profits Problem In Dax40.
New Indicator Added.