Thorex MT5
- Experts
- Lorenz Vauck
- Version: 1.5
- Updated: 9 May 2022
- Activations: 7
Thorex - Hammer The Markets
Limited Launch Sale, price will go up by $10 every 24 hours
Thorex Facts:
- 15 separate EA´s in one master EA
- Supporting AUDCAD, AUDUSD, CHFJPY, EURAUD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, USDCAD, USDCHF
- Run any combination you wish to create your own portfolio and risk
- All strategies trade independent, can be switched on and off and have uncorrelated daily profits/losses
- Developed on 35 years of HQ history data (1986 - 2022)
- Additionally backtested on individual tick-data from various brokers for the recent years
- Full backtest/portfolio reports available
- OOS tested and Monte Carlo stressed
- Portfolio combined return / drawdown ratio > 400
- Portfolio combined equity growth stability > 99%
- Portfolio combined max stagnation < 90 days in 35 years
- No night scalping, no martingale, no grid, no entry averaging, no "recovery trades"
- One trade at a time per system
- Each trade secured by a tight stop loss of just 17 to 88 pips
- Free ongoing maintenance & updates via MQL5 for the best performance
Risk/Broker Recommendations:
- Minimum recommended account balance: $250 or equivalent
- Minimum recommended leverage: 1:30
- Adaptable risk modes: "Fixed Lots", "% Risk per Trade", "Lots per 1000 Balance"
- Recommended risk settings: "Lots per 1000 Balance" with setting "0.02" and $1000 starting balance (equals ~140% average yearly gains @ 15% average drawdown)
- Recommended broker: IC Markets or another low spreads broker (especially important for the minor pairs!)
- Private group for buyers available - please send a PM with a proof of purchase
Parameters:
Installation: | Attach the EA to one H1 chart, configure the risk modes and enable/disable the strategies you want to trade - that´s it. |
Global Symbol Suffix | If your broker uses a suffix like EURUSDa, EURUSD.i, add it here (e.g. "a" or ".i" in the example cases). |
Your Brokers Rollover Hour | Is the server time of your broker's Tokyo session start ("rollover hour"). With many brokers, this is at 00:00 server time, so leaving it at 0 means, that your broker rolls over at 00:00. Brokers that do that are IC Markets, Tickmill, Global Prime, Pepperstone. Should your broker rollover at a different hour, just set it to the value of that hour. |
Custom Order Comment | Adds your own comment to the comment field of each trade. Otherwise logs the spread / bid / ask at trade open. |
Lot Sizing Method | Switches between the below 3 lot sizing methods. Please take note that all 3 methods will always trade a minimum of 0.01 lots (or the minimum your broker allows), so keep in mind the increased risk that this brings if you use a small account (smaller $1000). |
Fixed Lots | Trades a fixed amount per trade, regardless of the account balance. |
Risk Percentage per Trade | Enables the real risk per trade in percent mode. If a trade hits its stop loss, this is the percent amount you´ll have lost from your account balance. As some systems are using a small and others a bigger stop loss, lot sizes can vary a lot between the different systems. |
Lots per 1000 Balance | Specifies the amount of lots per 1000 account balance. If you have set this to 0.01 and have a $1000 balance, each trade will be 0.01 lots. If you have a $5000 balance, each trade will be 0.05 lots, etc. This is the recommended risk mode. |
Strategy Selection | Enables/Disables each of the strategies in the EA independently. |
Links:
Blog post with additional information and live accounts
Awesome EA, but more importantly, awesome job. I hope this EA will have good performance last for at least 10 years.