• Overview
  • Reviews (4)
  • Comments (3)
  • What's new

FNG MultiPro EA

MultiPro EA Live signal:

https://www.mql5.com/en/signals/1295954

Allow web request in options:

https://ec.forexprostools.com


My MultiPro’s were tailored to large account holders who were looking for a reliable expert that follows wealth protection protocols and doesn’t use dangerous recovery systems.  My goal is to average 8-10 percent gains monthly with each expert.  Some months will be less and some will be more, that’s how trading works when you do not use martingale.  Each trade has a preset SL/TP with a good risk/reward ratio.  I designed the systems to be profitable with a win rate of 60% and so far our win rate has stayed between 70% - 90%. Each currency pair trades on average once to twice a month.  That doesn’t sound like much but keep in mind that we are trading between 17 and 18 pairs.

The newest version of MultiPro MFI has a new optional feature that the live signal has recently started using. The option is to enable our custom GRID that I will explain now.

Do you ever see a trade go back and forth  between order price and the stop loss? For a day or two the price goes from the order price then negative going towards the SL point and then back again to 0.  It could do this for days before hitting the stop loss or winning the trade.

Our Grid system catches those movements to try and gain profit before/if you hit the stop loss. 

Say it opens a trade and it goes negative 100 pips, the expert will place a .01 trade in the same direction of the original trade and with the same sl as the original trade. If that second trade goes back to the original order price (+100 pips) it will close and you make a quick .80 to .95 cents. 

It catches 100 pip movements between the original order price and the original SL price.  If the SL was 500 pips it would open a small .01 trade every 100 pips but only to the original SL price.  All trades close if the original SL is hit and this prevents large losses. During the last week of testing it has done well.  The longer the price bounces between original price and SL the better because even if a grid trade closes it will reopen next time the price moves 100 pips negative. Some days I can have 20 to 30 of these small trades and that help balance account losses.

This is only an optional feature and currently it’s only available on MultiPro MFI. 

MuiltiPro has a news filter you can optionally use. It can close or pause orders before news events. You have the choice to filter the news by either high, medium, or low impact news events, there is also an option to close trades on Fridays. You can also choose how many open trades are opened at any given time.

MultiPro EA trades AUDCAD, AUDCHF, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY from a single chart.The first time you load the advisor it will take extra time to load all the charts and TF's.


Main Features:

  • Plug and play advisor is completely automatic and easy to setup;
  • Always uses hidden stop loss;
  • No grid / martingale / hedging or other dangerous recovery systems used;
  • Complies with FIFO rules;
  • Dynamic lots;
  • News filter;
  • Optional close trades on Friday;

Lot sizes and risk:

  • Risk high - .01 per 100;
  • Risk medium - .01 per 500;
  • Risk low - .01 per 1000;

Parameters:

  • Base balance - 1000 - Sets your base amount for dynamic lots;
  • Lots per balance - .01 - Lots per defined base balance;
  • Max positions at any one time - 4 - Max number of open positions;
  • Close trades on Fridays? - true - Closes trades on Fridays;
  • FridayStopHour - 18:00 - Hour to close trades on Fridays;
  • News update interval (minutes) - 10 - How often to update news;
  • Include high impact news? - true - Filter high impact new;
  • Include med impact news? - false - Filter medium impact news;
  • Include low impact new? - false - Filter low impact news;
  • Close all before news? - true - Close trades before news;
  • Close all before news (minutes) - 15 - How many minutes before news to close orders;
  • Stop trading before news - true - Temporarily pause new orders;
  • Stop trading before news (minutes) - 180 - Minutes to pause;
  • Start trading after news - true - Stats trading after news;
  • Start trading after news (minutes) - 30 - Minutes to wait before start;

    Please only use 1 hour time frame and a VPS is highly recommended and please backtest before purchase and check comments for news filter URL information.




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    Thi Thu Ha Hoang
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    Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
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    Michael Prescott Burney
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    Aleksandr Chebotaev
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    Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
    BitBull EA
    Arseny Potyekhin
    4.33 (3)
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    Wawan Gunawan
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    Bogdan Ion Puscasu
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    Hello everyone, let me introduce myself: I am Quantum StarMan, the electrifying, freshest member of the Quantum EAs family. I'm a fully automated, multicurrency EA with the power to handle up to 6 dynamic pairs: AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD, and USDCAD . With the utmost precision and unwavering responsibility, I'll take your trading game to the next level. Here's the kicker: I don't rely on Martingale strategies. Instead, I utilize a sophisticated grid system that's designed for
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    FNG Advisor
    Tyler Henry Roberts
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    You must add the address ' http://ec.forexprostools.com/ ' in the list of allowed URL tab 'Tools/Options/Advisors' Check out our MFI Version: https://www.mql5.com/en/market/product/75573 Live Signal: https://www.mql5.com/en/signals/1286661   Please note that you will need to optimize and customize to your broker. With FNG Advisor you are able to make strategies that best fit you and your trading style. Features: Filter indicators: Envelopes, BEAR/Bull, Moving Average, Williams' Perc
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    FNG News Trader
    Tyler Henry Roberts
    ONLY 2 LEFT AT $199! Then the price will go back to $399. ** Broker sensitive so please backtest and optimize Live Signals:  https://www.mql5.com/en/signals/1278508 NEWS TRADER is an automatic news trading program. It places pending stop buy and sell orders above and below the current price and modifies them until the time of a News Event. Once orders are live it will cancel the opposing order if option is enabled and trail or move the stop loss to break even. You must add the address ' ht
    MultiPro ADX EA
    Tyler Henry Roberts
    Live Signal Here: https://www.mql5.com/en/signals/1354571 Check out our MFI version here: https://www.mql5.com/en/market/product/75573 Allow web request in options: https://ec.forexprostools.com My MultiPro’s were tailored to large account holders who were looking for a reliable expert that follows wealth protection protocols and doesn’t use dangerous recovery systems.  My goal is to average 8-10 percent gains monthly with each expert.  Some months will be less and some will be more, that’
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    Dimitar Kurtev
    234
    Dimitar Kurtev 2021.12.25 21:08 
     

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    Tyler Henry Roberts
    3906
    Reply from developer Tyler Henry Roberts 2021.12.25 23:14
    Thank you 🙏 There was a minor bug we are patching. Next week we will have the visual pair list with their profit/loss. Currently you cannot see that but you will soon
    Vladimir Gazinskii
    560
    Vladimir Gazinskii 2021.12.23 21:12 
     

    User didn't leave any comment to the rating

    Tyler Henry Roberts
    3906
    Reply from developer Tyler Henry Roberts 2021.12.23 21:14
    Thank you. We will also be coming out with a separate EA that trades 16 charts and uses our custom ADX indicators. I'll announce the release on my news-feed so if you want another good product to try you should follow us. First 50 downloads will be free.
    Wendi Zheng
    2030
    Wendi Zheng 2021.12.21 06:44 
     

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    Tyler Henry Roberts
    3906
    Reply from developer Tyler Henry Roberts 2021.12.22 07:02
    Thank you very much. It has taken four years to get to this point.
    Ahmed Sarıkaya
    2724
    Ahmed Sarıkaya 2021.12.18 23:35 
     

    User didn't leave any comment to the rating

    Tyler Henry Roberts
    3906
    Reply from developer Tyler Henry Roberts 2021.12.18 23:35
    Thank you very much for the review 🙏
    Reply to review
    Version 6.1 2022.02.08
    This adds addition trades on the original signal
    Version 5.8 2022.02.02
    Updated the sl/tp ratio to improve risk/reward ratio
    Version 5.7 2021.12.31
    Magic number input added
    Version 5.6 2021.12.29
    Fixed display
    Version 5.3 2021.12.28
    Stability updates
    Version 5.1 2021.12.23
    Bug fixes
    Version 5.0 2021.12.20
    profit/loss table fixed
    Version 4.9 2021.12.18
    Algorithm upgrade
    Version 4.3 2021.12.18
    Update algorithms