Market / MetaTrader 5 / Experts /

New Generation EA MT5

1 000 USD

Demo downloaded: 1 103

Published: 13 December 2021

Current version: 1.13

New Generation EA MT5

3.11

Experts
Ismail Hakki Delibas
Version: 1.13
Updated: 5 March 2023
Activations: 10

EA Description :

This is a High-Frequency Trading EA. EA is supported by a strong signal finding algorithm. Most of the algorithms are smart and automatic. You need to adjust only 3 parameters to optimize the signal engine of the EA. Thus optimizing and using EA is very simple and easy.

Supported Symbols and Timeframes :

All timeframes and pairs are supported by EA.

The best operation of EA is on all 28 Major and Cross Pairs of Forex.

The best timeframes are M15,M30,H1

EA Inputs

General Options

Trade Type
Maximum Number of Open Trades any time
Minimum Distance to Open New Position (Type/Points/ATR Multiplier) : Minimum distance from existing position to open new one if signal conditions meet
Minimum Distance to Open New Position (Minutes) : Minimum time from last trade to open new one if signal conditions meet
Maximum Spread to Open Position (points)
Take Profit ( Type/Points/ATR Multiplier )
Stop Loss (Multiplier of Take Profit) : SL is defined based on the multiplier of TP. Any value (even smaller than 1.0) is accepted.
Close All on Total Profit/Loss (0:Disable)
Magic Number
Comments of Orders

Signal Settings

Wait for Stronger Signal (Points) : The amount of points to wait to make sure signal power is enough.
Entry Signal Period
Verification Signal Period Multiplier : Any value larger than 1 or equal with 1

Trailing Stop and Break Even

Trailing Stop Loss
Trailing Start (Points)
Trailing Stop Loss (Points)
Trailing Step (Points)
Break Even
Move TP to Break Even After Loss Amount (Points)

Volume

Volume Mode : Available options : Constant,Risk Percent of Balance/Equity,Auto Lots Based on Balance/Equity
Constant Lots (if above selected)
Risk Percentage (if above selected)
Auto Lots Per 1000 Balance or Equity (if above selected)

Notifications

PopUp Alerts

Push Notifications

Trading Time

News Filer

To enable news filter, On the Tools/Options/Expert Advisors Click and enable Allow Webrequest option and add http://ec.forexprostools.com/ to the list

ATR Settings

ATR Timeframe and Period used for distance of orders and TP if you set the mode=Based on ATR

Recommended Settings for Optimization

For optimizing EA you can select these values as a typical ranges :

- On the inputs below : First number is Start. 2nd is Step. 3rd is Stop values of tester optimization values.

- Leave other inputs as their default values.

- Volume Settings : Start with lower volumes. After finding the best settings, increase volumes.

Minimum Distance to Open New Position (points) : 100,100,200
Minimum Distance to Open New Position (Minutes) : 30,30,90
Take Profit (points) : 400,200,600
Stop Loss (Multiplier of Take Profit) : 1,1,4
Wait for Stronger Signal (Points) : 10,10,50
Entry Signal Period : 10,5,25
Verification Signal Period Multiplier : 2,1,3

Using EA

Using EA is very simple. All above settings can be changed in the inputs tab. You can attach EA to any chart with any timeframe. You can customize EA by attaching on more than one chart and setting different inputs.
If your account balance is low, you can use EA on micro/cent accounts.
Important : The EA has large consecutive losses. Don't use large and aggressive volumes for trading. It is recommended to use about 10% of volumes you find on backtest or optimization for real trading.

Growing the EA

I will update and make the EA better and better. You can help by contacting me for any new feature needed on your trading. I will consider the next updates of EA.

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203

Steffen 2022.02.11 20:37 #

Since mid January 2022 I'm running this EA live, first with EURUSD,NZDUSD and EURGBP only. After 1st week live with app. 12 pairs. The result so far: 180 TP 17 SL, Profit trades 91% Cannot confirm reported errors, setup of new pair is running well if bars downloaded first as written. Conclusion: handling in backtests and live is very easy, no doubt the NG is a masterpeace, max. review points, thanks Ismail for your great work!

210

Mehdi Banazadeh 2022.01.11 13:22 #

11/01/2022I am offering 5 stars for now not because of the profit/loss it is making but only for the innovative way that author has implemented. Optimize you own set file. Choose a very low volume and strict money management. Make sure you have enough margin. And then be patient and wait.

21/08/22 The recent new versions 1.8, 1.9 and 1.10 have drastically improved the profitability of the EA. I recommend to either use the default setting or try to optimize it yourself. Personally I am only using this EA on GBPUSD and EURUSD but It will work (Possibly even better) on other Pairs too. remember to have a tight money management.

494

琮hui qq2117721312 2022.01.09 12:52 #

今天购买了EA，复盘很好，希望实盘效果一样好，过两周跟新评论。

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EA has a live track record with many months of stable trading with low drawdown: Best Pairs (default settings) High-risk performance Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth. It is a professional tool developed by me years ago that is constantly updated, incorporating all the late

2 200 USD

DAX Retractor is a professional expert advisor for spot CFD of DAX40 ( Deutscher Aktienindex ) German Stock Market Index (GE40, DE40, GER). It uses the dependable Relative Cyclicality indicator and 16 innovative trading strategies that identify the price retraction moments. The professional edition includes also Adaptive Cyclicality , Super Trend , Connors RSI , Fisher Transform , Smoothed Heikin Ashi , Relative Smoothed Heikin Ashi , Relative Momentum , and Order Blocks indicators. T

4 600 USD

Dow Jones Trader is a professional expert advisor for spot CFD of Dow Jones Industrial Average US Stock Market Index (US30, DJIA, DOW30). It uses Price Cyclicality , Relative Cyclicality , Adaptive Cyclicality , Compound Cyclicality , Volume Cyclicality , Price Prediction Line , Price Cyclicality Line , Smoothed Heikin Ashi , Relative Smoothed Heikin Ashi , Relative Momentum , and Order Blocks indicators. This EA includes 30 original trading strategies, working consecutively, depe

4 600 USD

Expert Based on Artificial Neural Networks (ANN). The EA learns market patterns from past times and uses them to optimize later tradings based on the learned strategy. Read More About Neural Networks. Features : More Easy and Fast Learning Without Complicated input parameters. All TimeFrames and Symbols Supported No Need to Huge and Large Optimizations Use Low Margin for Trading Money Management Options TP/SL/Averaging options Trailing Stop, Break Even Op

975 USD

EA Description : The EA is designed based on specific trend detection algorithms and strong filters.Most of the algorithms are smart and automatic. You need to adjust some limited parameters to optimize the signal engine of the EA. Thus optimizing and using EA is very simple and easy. Supported Symbols and Timeframes : All timeframes and pairs are supported by EA. The best operation of EA is on all 28 Major and Cross Pairs of Forex. The best timeframes are M15,M30,H1 EA Inputs General Opt

700 USD

Account Informer Utility Helps you : Stay in Touch With Your Account. Hear About Your Account Critical Conditions. Check Your Account Connectivity. Inform from any Position Change. Receive Notifications as Android or IOS Notifications on Your Phone, Email or Popup Window. Information can send in these conditions according to your selection : Constant Time Period When Drawdown Larger than Specified Value When Margin Level Smaller than Specified Value

30 USD

Utility Description This is a useful utility that can help traders to Stay in touch with their Accounts and hear about account critical conditions. With this utility, traders will receive notifications of broker server connectivity status. Different forms of notifications are supported such as Android or IOS phone notifications, Email messages or Popup Alerts. Also any changes on positions can be sent as a notification based on user settings. All above features can be customized using the EA inp

30 USD

975 USD

EA Description : This is a High-Frequency Trading EA. EA is supported by a strong signal finding algorithm. Most of the algorithms are smart and automatic. You need to adjust only 3 parameters to optimize the signal engine of the EA. Thus optimizing and using EA is very simple and easy. Supported Symbols and Timeframes : All timeframes and pairs are supported by EA. The best operation of EA is on all 28 Major and Cross Pairs of Forex. The best timeframes are M15,M30,H1 EA Inputs General O

1 000 USD

Filter:

203

Steffen 2022.02.11 20:37 #

200

OrangeCrush 2022.01.29 07:08 #

Initially also experienced the "-1 error" which was frustrating and although the author did respond to me no immediate solution was forthcoming. Turns out that you need to start with the biggest period chart on the right and collect enough data working your way left to your preferred time frame before the EA will install. Installed the EA on a Tickmill-Demo account and had 21 consecutive trades reach TP on 30 Minute charts in the last week -(max 10 trades and 27 pairs with default settings risking 2% equity). Yes, the price increase has left a bit of an after taste but if you can afford it this EA should receive serious consideration in your portfolio.

Elena Fedorova 2022.01.19 14:12 #

An ordinary crappy robot tester, everything that will be earned is drained into the sewer twice, from 30.01.2022 to 04.10.2022 earned 400%, now the balance is -80%, a promising robot tester lost a year

927

Artur1008 2022.01.19 06:32 #

I bought an adviser and ran it for testing on vps and on a local computer. There is an error everywhere in the log, the adviser does not work. The seller did not help, says it's my problem. But it might be your problem too.

210

Mehdi Banazadeh 2022.01.11 13:22 #

944

cyberryder 2022.01.09 16:41 #

I've not tried the EA yet, but still can give a 1-star for the greedy vendor. That price has nearly tripled within only a few days. Good vendors here first let the EA performance speak for themself and show a LIVE account on a reputable broker with at least 5k, which is not a cent-account. This behaviour is ringing the alert bell in me of a possible scam vendor. Don't understand why vendors always make the same mistakes since years, only to get hammered, would be so easy to learn from the mistake of others and the expectations from buyers - except if your ego is too high or you want to scam people, you don't want/have to learn anything. Let's see how this EA plays out

494

琮hui qq2117721312 2022.01.09 12:52 #

今天购买了EA，复盘很好，希望实盘效果一样好，过两周跟新评论。

491

Wang Xiang 2022.01.08 14:13 #

Backtest 28 pairs duration: 2022-01-01 => 2022-01-08

version 1.3

https://imgur.com/qfX5JNr

version 1.4 (2022-01-08 updated)

https://imgur.com/iKhYNWA

Some bad trades missing, Some good trades appearing.

If anyone want to buy this EA, you need more observation.

216

SysFX 2021.12.21 20:03 #

The Overview pages states that this EA is a high frequency trader, so I did some back-testing to see how the system worked and was pleasantly surprised to discover that it's not yet another crazy scalping bot :) - all trades have a reasonable TP and an acceptable SL, which means positions aren't affected by spread widening and/or reasonable slippage. Initial results have been right on target with several trades already closed at TP, so I'm hoping that the current performance continues for many years to come!

Version 1.13 2023.03.05

Signal Engine Upgraded.

Version 1.12 2022.11.20

Some optimizations of news engine and entry filters.
The strategy is upgraded to operate better on some specific market conditions.

Version 1.11 2022.09.25

- Added more options to close all on TP/SL.
- Optimized performance of the EA.

Version 1.10 2022.08.07

Upgraded to fix some reported issues from users.

Version 1.9 2022.06.27

Some minor improvements applied.

Version 1.8 2022.06.03

Signal engine upgraded to operate more better.

Version 1.7 2022.03.26

- Enabled decimal values for ATR Trailing and BE
- Added Stop Trading Option
- Added option to enter on Strong Signals Only
- Optimization on Performance of Signals

Version 1.6 2022.02.19

This is urgent update of EA because news source is changed from http:// to https://
Please update the EA and enter below link on terminal allowed webrequest list :
https://ec.forexprostools.com/
If you are not using news, no need to update the EA.

Version 1.5 2022.02.13

- Added panel display on chart
- Added more options on notification feature
- Added TimeFrame option to the inputs
- Added Trailing Stop and BreakEven based on ATR
- Optimized performance of the EA
- Added risk control based on equity and free margin

Version 1.4 2022.01.08

Added options and settings :
- Trade Type
- Close All on Total Profit/Loss
- Comments of Orders
- Customizing Notifications
- TP and Distance entry based on ATR

Version 1.3 2021.12.24

News Filter Added.
Some Improvements on Trading Signals.

Version 1.2 2021.12.17

Added Different trading time for each day.
+ some optimizations on trading engine

Version 1.1 2021.12.15

Trading Time Filter Added