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EA BiC

4.67

EA Breakfast in Canada is designed for a pair of USDCAD

Trades pending limit orders in two trading sessions

Uses virtual TP and SL

The timeframe can be any, EA trades on H1 ignoring the TF on which it is installed


It is possible to enable the virtual expiration time of the order, for brokers who do not allow to set the expiration time for pending orders

There is a setting for brokers whose lot value is 10 times less than usual (InstaForex, XM(cent), etc.)

Can accompany your positions opened manually in the terminal on a smartphone

In most cases, you will not have to configure or reconfigure the EA BiC. You only need to set GMT Offset for your broker and enable Microlot if your broker has a standard lot size 10 times smaller

Choose a broker with minimal spreads and zero stop levels

See GMT Offset settings for brokers, as well as presets for different degrees of risk in post #1 or use this script: https://www.mql5.com/en/market/product/109579

Attention! This Expert Advisor is sold only here. If you are offered EA BIC elsewhere, know that it is a fake and you may lose all your money!!!

DESCRIPTION OF INPUT SETTINGS:
The values that are specified in pips should be specified as for 4-digit quotes. For 5-digit numbers, the EA will recalculate everything automatically

MAIN SETTINGS
Auto trade - Enabling/Disabling auto trading
Trade BUY - Allow trading in the BUY direction
Trade SELL - Allow trading in the SELL direction
GMT offset, Broker winter time - Set here the difference between GMT and the time in your broker's terminal in winter time
To trade during lunch or not - Allow trading in the second session after lunch
Max slippage - Maximum allowed slippage
Max spread - The maximum allowed spread for opening orders

MONEY MANAGEMENT
Use Funds - Specify here what funds you will use for trading if you use automatic lot calculation
Lot Size - Fix lot size
Use Auto lot -  Enabling/Disabling auto lot
Percent for auto lot - Percentage of funds for calculating the auto lot
Lifetime of pending orders - Expiration time of pending orders in minutes. By default, 180 minutes is set. Don't change it if you don't understand why
Use Virtual Expiration - Use the virtual lifetime of pending orders. Enable this setting if your broker does not support setting the expiration time of pending orders when opening
The number of positions to increase the lot - The number of open positions after which the volume of the following orders should be increased
Maximum lot size - The maximum possible volume of orders
Max Open Orders, one direction - Total maximum number of orders in one direction
Virtual stop loss - Virtual Stop Loss size. By default, 500 points are set, but I advise you to select this value in the tester for your deposit.
Microlot - Enable this setting if your broker has a standard lot size 10 times smaller than regular brokers

HEDGING SETTINGS
Use hedging - Enables or disables the hedging system
Work on every tick - Calculate the possibility of opening a hedge order on each tick. If = false then on each bar
Start hedging from BE if DD, pips - Drawdown in pips from the breakeven level to open a hedge order
Hedge lot multiplier - Multiplier for the volume of a hedge order. If the value is 0.5, then the bot will open a hedge with a volume of half the volume of open orders
Hedge Stop Loss, pips - Stop loss for hedge orders
Hedge Take Profit, pips - Take profit for hedge orders
Hedge BE Start, pips - The distance from the hedge order to transfer it to breakeven
Hedge BE, pips - Breakeven size for hedge order
Close All Profit, money - The amount of profit in the account currency when all open orders should be closed together with the hedge order
Min Distance for new hedge after SL - The minimum distance for the next hedge order, if the previous one was closed by stop loss

OTHER SETTINGS

Show Trading Statistic - Turn on/Disable the display of trading statistics on the chart
Show Buttons Panel - Turn on/Disable the display of trade control buttons on the chart
Magic number - The identification number of the orders so that the adviser can distinguish his positions from the positions opened by other advisers.

Attention! There is a dangerous setting to increase the volume of orders! Calculate your opportunities when using or trading with a sufficient amount of funds

Before installing on a real account, check the work of the Expert Advisor in a tester or on a demo account with the broker you are going to trade with and select the desired deposit and settings

I recommend installing the Expert Advisor only on VPS, because it does not install real SL and TP, so it should work 24/7

EA Breakfast in Canada is officially sold only here. If you have found this Expert Advisor on other Internet resources, know that these are scammers or pirated hacked copies that will not trade correctly.


Reviews 3
Ilkhomjon Kobilov
127
Ilkhomjon Kobilov 2023.12.07 09:01 
 

Recommend this ea, thank you

Mostafa Nasar
1568
Mostafa Nasar 2022.08.04 01:11 
 

Good ea thanks oleg

Oliver Muxxller
276
Oliver Muxxller 2023.01.14 01:06 
 

This is a good ea, it makes constant profits on my real account. I run actually not more than 2 pairs the most reliable and profitable I found are EURUSD EURGBP. I use a risk factor of 0.5 This setup generate about 15-30% per month. Under very volatile conditions like the CPI news release you could stop the ea. In my live accout, when I missed it, I had already up to 15 trades per pair what is the maximum what I set. I have 11 normal size trades and 4 increased lot size trades and thats important to limit your possible drawdown. In the default configuration the max lot size is set to 2 which would kill your account. I set the max lotsize with a factor of 7 based on your starting lot. For example 7 x 0.03 = 0.21 when you have 11 trades 11 x 0.03 = 0.33 and 4 trades with 4 x 0.21 = 0.84 then you have in total 1.17 lots that work against you when the grid is full expanded. Depending on your capital I recommend $1000 per 0.01 lot and one pair as a minimum. I try to avoid pairs that have often show trending conditions like USDJPY. I monitor the tades twice a day and under some rare circumstances I needed to place a manual hedge order to protect the basket from further DD. This robot would be perfect if Oleg could implement a hedging function. When the basket of orders is at its full extention it'll open a hedge after x pips and then trail this position that it has a stop loss of y% of the actual hedge profit. The distance from the hedge to the basket is then considered a secure area and when the price returns it can just close this basket like usual. If the price would move again against your direction it opens a second hedge at the position where the previous ended. With this you could increase your risk setting and gain more profit but you trade safely. When something went wrong your account is not at zero over night. In algo trading this are just these rare events that the ea must survive to be successful over a longer period of time. In summary this ea uses intelligent order management and the drawdown is usually low. Most situations are mastered easiely. From many ea that I tested this one is quite good. I would wish a hedge function that would make this a swiss knife. Therefore 4 stars from 5.

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Ilkhomjon Kobilov
127
Ilkhomjon Kobilov 2023.12.07 09:01 
 

Recommend this ea, thank you

Oliver Muxxller
276
Oliver Muxxller 2023.01.14 01:06 
 

This is a good ea, it makes constant profits on my real account. I run actually not more than 2 pairs the most reliable and profitable I found are EURUSD EURGBP. I use a risk factor of 0.5 This setup generate about 15-30% per month. Under very volatile conditions like the CPI news release you could stop the ea. In my live accout, when I missed it, I had already up to 15 trades per pair what is the maximum what I set. I have 11 normal size trades and 4 increased lot size trades and thats important to limit your possible drawdown. In the default configuration the max lot size is set to 2 which would kill your account. I set the max lotsize with a factor of 7 based on your starting lot. For example 7 x 0.03 = 0.21 when you have 11 trades 11 x 0.03 = 0.33 and 4 trades with 4 x 0.21 = 0.84 then you have in total 1.17 lots that work against you when the grid is full expanded. Depending on your capital I recommend $1000 per 0.01 lot and one pair as a minimum. I try to avoid pairs that have often show trending conditions like USDJPY. I monitor the tades twice a day and under some rare circumstances I needed to place a manual hedge order to protect the basket from further DD. This robot would be perfect if Oleg could implement a hedging function. When the basket of orders is at its full extention it'll open a hedge after x pips and then trail this position that it has a stop loss of y% of the actual hedge profit. The distance from the hedge to the basket is then considered a secure area and when the price returns it can just close this basket like usual. If the price would move again against your direction it opens a second hedge at the position where the previous ended. With this you could increase your risk setting and gain more profit but you trade safely. When something went wrong your account is not at zero over night. In algo trading this are just these rare events that the ea must survive to be successful over a longer period of time. In summary this ea uses intelligent order management and the drawdown is usually low. Most situations are mastered easiely. From many ea that I tested this one is quite good. I would wish a hedge function that would make this a swiss knife. Therefore 4 stars from 5.

Oleg Pavlenko
16419
Reply from developer Oleg Pavlenko 2023.06.24 10:43
Thank you, Oliver, for your feedback! The hedging function, at your request, has already been added to the Expert Advisor.
Mostafa Nasar
1568
Mostafa Nasar 2022.08.04 01:11 
 

Good ea thanks oleg

Reply to review
Version 5.6 2023.12.05
Fixed a bug in the language module
Version 5.5 2023.03.20
1. Fixed bug of opening sell orders
2. Added distance control for opening the next hedging order after closing the previous one by Stop Loss ("Min Distance for new hedge after SL")
3. Added an item to the settings "Work on every tick" to select the calculation option on each bar or on each tick
4. Added Take Profit for hedging orders
Version 5.2 2023.02.13
fixed bug of opening sell orders
Version 5.1 2023.02.13
Added the ability to hedge positions.
New input settings:

--- HEDGING SETTINGS ---
Use Hedging - On / Off hedging
Start hedging from BE if DD, pips - At what distance from the breakeven level to open a hedging order
Hedge Lot Multiplier - Multiplier for the hedging order. The sum of open positions will be multiplied by this value
Hedge stop loss, pips - Stop loss for a hedging order
Hedge BE Start, pips - Start of transfer of a hedging order to breakeven
Hedge BE, pips - The breakeven level of the hedging order
Close all profit, money - Close all positions if the profit is equal to or exceeded this value. Specify in the account currency.