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DreamCather MT4

299.99 USD

Demo downloaded: 183

Published: 7 June 2022

Current version: 3.1

DreamCather MT4

Name: DreamCather MT4
Price: 299.99 USD
Rating: 3.6666667 (6 reviews)
Author: Sergei Pomytkin

3.67

Experts
Sergei Pomytkin
Version: 3.1
Updated: 5 October 2022
Activations: 10

DreamCather EA - is an advanced scalping strategy at the close of the US session. The Expert Advisor is a trend scalper, the trade is entered when the main trend rolls back. A set of simple algorithms allows you to achieve stable results over a long period of time and in various phases of the market. This system is focused on long-term growth. The EA does not use dangerous money management systems such as grid or martingale. It uses a fixed stop loss for each position. The EA has been tested on data for more than 20 years, during which it withstands the most unstable periods. If you do not have the opportunity to keep your computer in working order 24/5, then it is recommended to use the VPS server service.

Live Signal: https://www.mql5.com/en/users/delmare/seller
MT5 Version Available Here: https://www.mql5.com/en/market/product/80520
For comprehensive description of the product, inputs' description and FAQ click here.
Join our MQL5 group where we share news

Recommendations:

Timeframe: M5
Main (recommended) currency pairs: EURUSD,USDCHF & GBPUSD
Minor currency pairs: EURCHF,EURGBP,USDCAD & USDJPY
Minimum deposit: 100$
Setting: Default setting for all pairs
For best results, it is highly recommended to choose brokers with ECN account, low spread and fair commission.

Main features of the DreamCather EA:

Martingale, Grid, Averaging or other dangerous techniques are not used
100% automated Expert Advisor
A high percentage of profitable deals on testing on the entire available history
Risk control
Possibility to limit working time
Automatic risk calculation
No sitting out a loss for a few days. All transactions will be closed within 3-5 hours
Each transaction is accompanied by a stop loss and take profit and a limit on the lifetime of the transaction
Built-in volatility filter optimized for each currency pair
The adviser does not use news filters
All transactions comply with FIFA rules
The EA has been tested with slippage and real spread on the entire available history from 2013 to the present day

This EA is sold only on MQL5. If you see it anywhere else, it will not be a genuine version and I won't be able to provide any customer support.

Setup:

The EA must be attached to the M5 chart, the recommended currency pair, set the risk parameter or a fixed lot
Set parameter GMT_Shift
Use only recommended pairs

more...

761

Bifrost 2023.04.06 22:10 #

It works well on GBPUSD with high win rate and high profit factor.

746

Alan Lo 2022.07.21 16:39 #

I have tested this EA and its performing well and stable - nice work!

136

knight_forex 2022.06.13 04:07 #

Seeing the live signals that many authors provide, I'm interested in trying and hopefully it will provide benefits. author is easy to discuss and accept ideas from users. looking for ea night scalping you must try this, I believe it is a good ea night scalping.

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Filter:

761

Bifrost 2023.04.06 22:10 #

It works well on GBPUSD with high win rate and high profit factor.

972

Reply from developer Sergei Pomytkin 2023.04.07 03:27 #

Hello, today we are closely engaged in the development of a new system (it is being tested on a real account), after most of the new developments will be integrated into the DreamCather system. After that, re-optimization will be done for working pairs. Thank you for your feedback.

2167

ROBERT EDWARD BIRD 2022.11.23 01:31 #

Does not work. Not even close. Rarely trades, if it does, it loses. I’ve not had any success with it at all. The tp and sl levels are out of control. 3 pip tp and a 27 pip sl?? Horrendous money management. Ran this on demo and the losses far outweigh the small gain. If there is a link to the proper way to set this, please share.

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Reply from developer Sergei Pomytkin 2022.12.21 22:38 #

If you met all the conditions, then it should work at least as it works on my accounts. All the same, live accounts confirm this. This type of management gives 95% of profitable trades, and the presence of a stop, albeit larger than the TP, guarantees protection against the complete loss of the deposit (as, for example, it happens in systems controlled by martingale). In the long run, this shows good results. Let the percentage be small, but the clients' money is safe, and I think this is the most important thing. In any case, thanks for the feedback.

Bushibushito27 2022.11.14 19:59 #

Hi I have been testing it for several days, but cant seem to get ahead with profits. I am trading with 250$ on 1:500 leverage to try it first. Also have noticed that today smiles on the top of the chart have turned to sad faces. What does that mean, and could you perhaps help me in setting it up properly?

Edit: Sergei was very helpful and responsive. Ea works so far so good. Some tinkering was needed, but I am happy now.

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Reply from developer Sergei Pomytkin 2022.12.21 22:41 #

Hello, throw off the screenshots in a personal or in discussions. here in the reviews we are physically unable to conduct a dialogue =)
I was glad to help, if you have any more questions, write, we will try to solve them in a short time, thank you for your feedback and good trading =)

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Alan Lo 2022.07.21 16:39 #

I have tested this EA and its performing well and stable - nice work!

Reza Sadeghi 2022.06.27 17:19 #

Hi, I tested the robot, the profit is low at the moment, but I have to wait for better opportunities. A compassionate and responsive developer is always available and responsive. I am currently giving three stars and I will update again in the future

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Reply from developer Sergei Pomytkin 2022.06.28 15:45 #

Yes, of course, the real work of the adviser needs to be looked at at a distance, and there are both good and bad periods, we must remember this, the market is not predictable. And yet, it is better to discuss technical issues in the comments, where it is much more convenient. Thanks for your feedback.

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knight_forex 2022.06.13 04:07 #

Version 3.1 2022.10.05

Added display of the trading lot to the HUD menu.

To update the EA correctly:
1. Save (or remember) current EA settings.
2. Download the latest version of the advisor.
2.1 Or delete the old advisor file and upload a new one.
3. Close the terminal.
4. Start the terminal.
5. Make sure that the advisor's settings are not reset.

Version 3.0 2022.08.12

Fixed error opening deals outside the time interval specified in the parameters. General code optimization.

Version 2.44 2022.07.22

Added option to show/hide stop loss and take profit.

Version 2.43 2022.07.09

Magic and comment options have been added to the settings menu.

Version 2.42 2022.06.16

Added two different set types, dynamic and static. Each of the sets has its own entry parameters for each pair. The peculiarity of the dynamic one is that it uses two models for exiting a trade: the first one is a traditional stop, the second one is an exit by filters (similar to a trailing stop).

Version 2.41 2022.06.16

Added the ability to select between dynamic and static sets for each pair.

Version 2.31 2022.06.08

Small bug fixed