Bingo MT4
- Experts
- Aleksey Vyazmikin
- Version: 1.2
- Updated: 22 July 2022
- Activations: 5
Let's play!
I propose to purchase a Bingo trading robot for the MT4 platform. The adviser has a proven pattern of "Trends are ending" - then the Truth. The Expert uses the Truth in order to extract income, but for this he needs:
- A. To detect the probable end of the trend;
- B. Make a profitable purchase.
To solve problem A, many tested and pre-selected reliable methods are used, their collection is so large that it is impractical to use conventional optimization. I suggest using randomness to select the best combinations of methods from a variety of settings, which is why the Expert is called Bingo.
To solve problem B, a basic channel indicator is used that generates signals and has the property of following the trend at a distance, which allows you not to open a position ahead of time. To keep the average price of a position in a profitable zone, different methods are used to increase the subsequent volume of the lot being opened, there are 8 options in total, including without increasing the volume.
Optimization is recommended to be carried out in two stages:
- The first Stage: Leave all the Expert settings by default, select "full optimization", specify the symbol in the adviser settings as for the test, and for optimization, mark the variable "Bingo!", specifying from 10000 steps - this parameter does not affect trading results, but it is needed for optimization and generation of adviser settings. At the end of optimization, you will find the "csv" extension file in the corresponding folder of the MT4\tester\files\Bingo\Test terminal, the file name consists of the name of the instrument and time, and the file itself contains information about the financial result of each pass. Choose the best option, search for the last column and copy the Bingo code to the "Bingo Cod!" variable of the Adviser settings.
- The second Stage: Select "true" for the "Use Bingo Cod" variable and we can search for the best money management settings.
Currently, symbols from the list and the M15 timeframe are supported, but this is just the beginning - stay tuned! For the first Stage, set the initial deposit at $100000. Bingo numbers have different meanings for different instruments (currency pairs).
The Expert Advisor is recommended to be used on a cent account, then only $ 100 will be required to work reliably with the initial 0.01 lot.
Description of settings:
- Bingo_N is a variable for the optimizer to work with;
- SymbolName - the name of the symbol to search for the Bingo number;
- Use Bingo Cod - use (true) or not (false) the specified Bingo code;
- Bingo Cod! - indicates the Bingo code;
- Magic - magic number of the adviser - any number;
- lotM - 0-7 option to change the lot size when re-opening a pending order;
- lot - the size of the initial lot;
- OpenBuy - Open buy orders (true) or not (false);
- OpenSell - Open sell orders (true) or not (false);
- StopWork - Stop the work of the Expert Advisor and close positions (true) or not (false);
- Use_Drawdown_Stop - Use drawdown limit (true) or not (false);
- Drawdown_Pos - Drawdown at which the position is closed;
- Profit_Pos - Profit at which the position is closed.
Strategy Tester Settings:
- Expert: Bingo_MT4.ex5
- Symbol: The same symbol as in the variable "SymbolName"
- Date: I recommend putting at least the last 3 years
- Period: M15
- Model: Control points
- Deposit: 100000 USD
I suggest sharing Bingo codes!
- Watch carefully the video with subtitles!
- Before optimization, delete the global variable by pressing the "F3" button on the keyboard!
- Delete the cache after optimization!
- For optimization, I recommend using an Expert for MT5.
