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  • Comments (26)
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Thorex MT5

5

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



        Reviews 5
        Wen Bing Chen
        577
        Wen Bing Chen 2022.05.15 14:56 
         

        Awesome EA, but more importantly, awesome job. I hope this EA will have good performance last for at least 10 years.

        dreamsky2007
        111
        dreamsky2007 2022.05.09 07:21 
         

        Happy to add this to my portfolio. The author is supportive, committed, and honest.

        Thank you for sharing your EA :)

        SelimS
        20
        SelimS 2022.04.30 16:31 
         

        The 34 year edge is awesome :)

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        Stanislau Siatsko
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        Ugochukwu Mobi
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        Anton Zverev
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        Metaverse MT5
        INREXEA LIMITED
        5 (1)
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        Arthur Hatchiguian
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        Marek Kvarda
        5 (5)
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        More from author
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        Lorenz Vauck
        3.67 (3)
        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/loss es Developed on 35 years of HQ history data (1986 - 2022) Additionally
        409 USD
        Filter:
        Wen Bing Chen
        577
        Wen Bing Chen 2022.05.15 14:56 
         

        Awesome EA, but more importantly, awesome job. I hope this EA will have good performance last for at least 10 years.

        Lorenz Vauck
        2411
        Reply from developer Lorenz Vauck 2022.05.15 15:31
        Hi Wen Bing Chen, thanks for your positive feedback :-) Through the constant development that Thorex is receiving every day (it´s a full-time job and not just a one-time EA release with no further updates) and through the steady adaption to the ever-changing markets, I am sure we will be able to keep up the performance for a long time. Thanks again and have a nice Sunday, Lorenz
        Eleanor Bigsby
        615
        Eleanor Bigsby 2022.05.13 17:56 
         

        User didn't leave any comment to the rating

        dreamsky2007
        111
        dreamsky2007 2022.05.09 07:21 
         

        Happy to add this to my portfolio. The author is supportive, committed, and honest.

        Thank you for sharing your EA :)

        Lorenz Vauck
        2411
        Reply from developer Lorenz Vauck 2022.05.09 07:24
        Thank you so much and let me know whenever I can do anything for you, please.
        SelimS
        20
        SelimS 2022.04.30 16:31 
         

        The 34 year edge is awesome :)

        Lorenz Vauck
        2411
        Reply from developer Lorenz Vauck 2022.05.04 01:53
        Thank you :-)
        ow1977mt5
        1075
        ow1977mt5 2022.04.25 11:19 
         

        The author is very supportive and commited, and this EA is very promising. I am very pleased to have it in my portfolio. Thank you for this great product! This is an early review after initial analysis of backtest and live signal data, the way of trading etc. I will update from time to time.

        Lorenz Vauck
        2411
        Reply from developer Lorenz Vauck 2022.04.25 23:07
        Thank you very much, I appreciate the kind words!
        Reply to review
        Version 1.5 2022.05.09
        - Performance update for AUDCAD H1 67963203
        Version 1.4 2022.05.03
        - Shortened initialization procedure while keeping the same safety checks
        Version 1.3 2022.04.26
        - Fixed a bug that could cause trades to wrongly open/close directly after initialization.
        Version 1.2 2022.04.25
        - Bugfix for "Lots per 1000 Balance" mode. If the account balance is < 1000, the calculated lot size would always result in 0.01 lots.
        Version 1.1 2022.04.24
        - Fixed a small lot-sizing rounding bug
        - Performance updates for AUDCAD H1 67963203, AUDUSD H1 68003228, EURAUD H1 68675024, AUDCAD H1 67988004