Market / MetaTrader 5 / Experts /

Bingo MT5

300 USD

Demo downloaded: 37

Published: 17 July 2022

Current version: 1.7

Bingo MT5

Experts
Aleksey Vyazmikin
Version: 1.7
Updated: 4 February 2024
Activations: 5

Let's play!

I propose to purchase a Bingo trading robot for the MT5 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 Advisor 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.

Basic settings for optimization:

- The first stage: Leave all the ADVISER settings by default, select "full optimization", specify the symbol in the adviser settings as for the test, and for optimization, mark the variable "Bingo_S" and "Bingo_N", specifying the range from 0 to 100 with a step of 1 - these parameters are needed to generate the adviser settings. The deposit for the search is set to $100,000.

- The second stage: Look at the dynamics of the balance with different settings of the lotM variable - from 0 to 7.

Currently, symbols from the list and the M15 timeframe are supported, but this is just the beginning - stay tuned!

The EA has its own signal that demonstrates the stability of the strategy when trading without increasing the lot volume (lotM=0)!

The Expert Advisor is recommended to be used on a cent account, then for reliable work with the initial 0.01 lot, only $ 100 will be required with lotM =3.

Description of settings:

Bingo_S - Bingo ticket series - from 0 to 100000;
Bingo_N - Bingo ticket number - from 0 to 100000; ;
SymbolName - the name of the symbol to search for the Bingo number;
ChanelName - the name of the channel to generate the base signal;
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_MT5.ex5
Symbol: The same symbol as in the variable "SymbolName"
Date: I recommend putting at least the last 3 years
Period: M15
Modelling: 1 minute OHLC
Deposit: 100000 USD
Optimization: Slow complete algoritm

I suggest sharing combinations of Bingo settings!

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The Predicting Donchian Channel MT5 indicator allows predicting the future changes in the levels of the Donchian channel based on the channel position of the price. The standard ZigZag indicator starts drawing its ray in 99% of the time the opposite Donchian channel is touched. The forecast of the channel boundary levels will help in finding the points, where the correction ends or the trend changes, an also to estimate how soon those events can occur. Configurations Period - Donchian channel

30 USD

The "Gap on chart" indicator displays the price gaps on the chart. The gap levels are extended in time until the price fills the price gap. Sensitivity of the indicator can customized to set the gap size in points to show and the history depth to analyze. For automatic trading, it uses the numbering or price gaps according to LIFO, i.e. the last formed gap is number 1. Parameters InpBars - the number of bars to look for a price gap in history InpMinGap - sensitivity to the price gaps in points

30 USD

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Version 1.7 2024.02.04

Добавлен базовый сигнальный канал, использующий конверт из уровней RSI.

Version 1.6 2023.08.28

It was decided to abandon Bingo numbers, since optimization did not work in the demo version.
Now Bingo is used to optimize the numbers:
Bingo_S is a variable symbolizing a series of Bingo tickets - it is recommended to use any step and a value up to 100000 for brute force
Bingo_N is a variable symbolizing the Bingo ticket number - it is recommended to use any step and a value up to 100000 to iterate
Despite such a spacious search grid, to begin with, I recommend setting a search for these variables from 0 to 100 in increments of 1 - you can choose decent ones from these options.

Version 1.5 2023.08.02

В новой версии:
1. Добавлена возможность выбора трёх каналов, по логике которых генерируется базовый сигнал.
2. Добавлена возможность работать с 28 валютными парами, кроме того появилась поддержка XAUUSD.
3. Исправлены ошибки.

Version 1.4 2022.07.23

Исправлена работа с минимальным объемом лота (0,01 лота).

Version 1.3 2022.07.22

Обновлены коды Бинго!

Version 1.2 2022.07.19

Improved handling of errors that occur when trading is banned from the server (Market closed).

Version 1.1 2022.07.17

Улучшена работа с файлами CSV.