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Taycan EA

Taycan EA is a universal trading robot, that works on major Forex currency pairs (EURUSD, GBPUSD, USDJPY, AUDUSD) and on different timeframes (M5, M15, M30) with the same settings and the same strategy. It shows a positive equity curve with reasonable drawdown for the testing period of 2010-2021. This means it is not over-optimized for a certain currency pair or a certain timeframe. Most consistent results are achieved on M15.

Taycan EA is based on a robust strategy, which uses standard MT4 indicators and simple order management. Every trade is protected by a tight StopLoss (20 pips with default settings). Sometimes when all trading conditions are met the robot may open several trades (up to 5) in one direction. If you want only 1 open trade per currency pair, you may change that in the settings.

Don't expect that all trades will be profitable: you may see some days or even weeks with some drawdown. Please allow EA to work at least 2-3 months before you evaluate its' performance. This is NOT a "get rich quick" type of EA. Taycan EA is dedicated to long term traders who understand that losses are a part of the Forex trading.


Recommendations

Symbol
EURUSD, GBPUSD, USDJPY, AUDUSD
Timeframe
M15
Settings
Default EA settings
Trading time
24 hours a day, 5 days a week
Brokers
Any ECN broker with low spreads, recommended Tickmill PRO/VIP Account or IC Markets Raw Account
Rebate
You may increase your profits by getting part of the commissions back. Recommended CashBackForex
VPS
Not required, but recommended: ForexVPS
Minimum Deposit
500 USD if you trade 4 pairs, 300 USD if you trade 1 pair
Fifo Compliance
Yes, with maxtrades set to 1


IMPORTANT! Set a unique magic number for every currency pair that you trade.


Settings

  • magic: change magic number for every currency pair. Every chart that you put EA on should have a unique magic number.
  • lots: set manual lots to trade. This lot value will be used if AutoLot is set to false.
  • AutoLot: true by default. It will calculate trading lot automatically: 0.01 for every $500 of account equity by default.
  • deposit: if AutoLot is set true, then this number will determine the lot size that EA will trade. Default is set to 500, which means 0.01 will be traded for every $500 on your account. In this case if your account size is $2000, then EA will trade with 0.04 lots. You may increase deposit parameter to reduce risk and drawdown. However, I don't recommend setting value less than 500 if you trade all 4 currency pairs. If you decide to trade only 1 pair, then you may set deposit value to 300.
  • minlot: minimal lot to trade.
  • maxlot: maximal lot to trade.
  • ecn: true by default. StopLoss and TakeProfit will be placed right after the order is opened.
  • maxtrades: 10 by default. That is the maximum number of trades that EA is allowed to open on one currency pair. However, EA will never open more than 5 Buy or 5 Sell orders.
  • stoploss: 20 pips by default. You may change it to anything between 20-100 pips, but be aware that trading results will be different as well.
  • takeprofit: 40 pips by default. Please keep in mind that in most cases trades will be closed based on different algorithm - before 40 pips TakeProfit is hit. You may change it to anything between 10-40 pips, but be aware that trading results will be different as well.
  • maxspread: 30 points (3 pips) by default. The robot will not open trades when spreads are too wide.

 

If you have any other questions, please contact me!

WARNING: I sell my products only on MQL5 website. If you see it somewhere else, beware of scam.


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Super Smart Grid is a complete package with multitude of strategies built-in, yet simple to use. Advantages of Super Smart Grid EA: Easy to setup Suitable for all levels of traders Any timeframe on any chart Built-in configurable Averaging function Grid distance coefficient Grid Lot coefficient News Filters Time Filters Recommendations: For controlled risk, use on M5, M15 or higher timeframe Test on demo accounts for at least 2-4 weeks before going live ECN broker is always recommended. A low l
300 USD
Taipan
Taipan
Heiko Kendziorra
Taipan's algorithm bites small pieces out of   the market movements.  It opens several trades per day and closes them on the same day. More than 80% of the trades are   profitable in a historical backtest.  NO m artingale, grid trading or other dangerous method used, that at the end erases your account.  Always just one order open with tight StopLoss of 20 pip or less.   To avoid negative slippage Taipan sets limit orders in some market situations.  Taipan forward trading on a real account >>
399 USD
Medusa X
Medusa X
Oon Kar Lee
(Real Profit, Real Trades, Real Signal) After your purchase, drop me a PM.   MEDUSA X is a Revolutionary Momentum and Pullback Algorithm Expert Advisor, specializing on the low spread major pairs, GBPUSD and USDCHF. Dedicated to produce phenomenal performance for its users by strictly adhering to years of mathematical and statistical methods. Real Live Monitoring: https://www.mql5.com/en/signals/884837 Announcement Channel: https://t.me/xx881ea_channel (Does not use fake strategies or c
399 USD
Nexus EA Forex
Nexus EA Forex
Enrique Enguix Vino
This is a new generation Expert Advisor from the TRENDEX PROJECT group. The starting gun for the opening of operations is detonated by the    Bulls & Bears . The EA requires minimal setup, as the parameters are automatic. It does not use Martingale. It has an exit system in case of losses Monitoring: Signals --->  https://www.mql5.com/en/signals/author/envex The product has 25 activations so you don't have to worry about anything Here you will find some backtest with real ticks. The EA
349 USD
Vigorous EA
Vigorous EA
Ryan Brown
The Vigorous EA is one of our best EA’s! It has been successfully backtested +21 years.  It scalps the EURUSD pair up to 100 times a week and makes a profit EVERY day! If you’re looking for an EA that makes a consistent profit every day, this is it! Trades the EURUSD every day Profitable backtests for the past 21 years Projected monthly profit of 1-3% a month (default settings) Recommended starting account size is $5k Recommended leverage is 250:1 50-100 scalp trades a week How does V
397 USD
Prado
Prado
Tatyana Kulyapina
"   Breakout of the previous day's price extremes!   " - This strategy is over 100 years old, and it always works! The price of the advisor increases with the increase in the monitoring profitability. Monitoring   :   Prado JPY risk 3 prc   broker ICMarkets Global, account type: raw spreed, spread 0-3, commission $ 7.0. This monitoring works from the first version of the advisor, so check the test results from the date of the last update! Monitoring   :   Prado with v5 risk 3x1 prc   broker A
499 USD
Squirrel Trader Pro
Squirrel Trader Pro
Michela Russo
Squirrel Scalper Pro is a trading robot  for the trading on Indices. This is a Trend Following system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by  StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Panther Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   or email ! The
399 USD
True Range Pro
True Range Pro
Smart Forex Lab.
SAVE $100 THIS WEEK  Accurate Night/Intraday Scalping & Smart Grid System Expected perfomance 5-10% / mo  (eurusd M5) 20-40% / mo (gbpusd M1) Features 100% automated trades Hard stoploss for every position Dynamic basket takeprofit High spread protection Fixed / Auto volume Optimized in 2016-2020 ( Weltrade  100% history quality) Backtesed in 2010-2020  ( Weltrade  100% history quality) True Range Pro MT5 >>  https://www.mql5.com/en/market/product/54578 Set files   https://w
395 USD
Grid King
Grid King
Profalgo Limited
!! ONLY 1 LEFT AT 390$ !! NEXT PRICE: 790$ Grid King is a revolution in grid trading.  The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market.  It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a limited effect on the account-equity.  Where almost all grid systems will blow your account when things get
390 USD
Swiss
Swiss
Nadezda Bogacheva
SWISS  is a fully automated Price Action expert adviser designed to trade Gold(XAUUSD) , EURUSD and USDCHF  >>>>>>>>>>>>>>>>>>>>    50% discount (999 USD >>> 499 USD) , special for the   Next 10 buyers (3 left)        <<<<<<<<<<<<<<<<<<< Normal price $999 SUGGESTED BROKER FOR SWISS Telegram channel  https://t.me/NeuralEngineEA What is Price Action? Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analysis of a stock, commodity,
499 USD
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Version 1.1 2021.05.21
Minor bug fixes