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Vini MT4

5

The Expert Advisor is fully automated, trades in all sessions (full-time), using a strategy based on candlestick patterns:

  • Bullish Patterns: Reversal Composite Candles (similar to the Hammer pattern, but it uses the composite candle instead the single candle), Three White Soldiers, Piercing Line, Morning Doji, Engulfing, Harami, Morning Star, Hammer and Meeting Lines;
  • Bearish Patterns: Reversal Composite Candles (similar to the Hanging Man pattern, but it uses the composite candle instead the single candle), Three Black Crows, Dark Cloud Cover, Evening Doji, Engulfing, Harami, Evening Star, Hanging Man and Meeting Lines.


Offer valid until July 31, 2024: VINI Expert, 90% OFF, for unlimited use.


Real account monitoring

Follow the EA operating in real conditions, using Automatic Settings: Vini MT4 Signal.


Recommendations and features

  • To trade on all symbols of this strategy, an account balance from 5K is recommended;
  • The EA must be attached to the symbol's M5 chart, so it can operate normally on up to 4 timeframes (M5, M15, M30 and H1);
  • The conditions for opening and closing positions and the movement of the trailing stop are checked with each new bar;
  • The EA can manage simultaneously, without conflicts, open positions from 2 settings files for the same symbol: one defined automatically and the other defined by the user;
  • Before attaching the EA, make sure the symbol has at least 6 months of historical data.

Risk management

  • Each trade is protected by Stop Loss and Take Profit;
  • Each position is only opened when the trade signal occurs;
  • The Risk/Reward (R/R) ratio is 1:1, and losing positions are not kept open indefinitely, hoping for the market to reverse;
  • The set R/R is 0.20% per trade. When it is not possible to use this R/R (due to the small amount deposited), the minimum lot is used;
  • If there are open positions and a reversal signal is identified on the same timeframe, the positions will be closed.


The specifications of the symbols can vary greatly for each broker, and, consequently, the risks involved in their trades also vary. Therefore, it is extremely important to test each symbol to confirm whether these risks are compatible with the strategy and amount deposited.


Symbols

  • Indices: DE40 (Dax 40), JP225 (Nikkei 225), US30 (Dow Jones), US500 (S&P 500) and USTECH (Nasdaq 100);
  • Currency Pairs: AUDUSD, CADJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD and USDJPY;
  • Metals: XAGUSD and XAUUSD;
  • Energies: BRENT and WTI;
  • Stocks: AAPL (Apple Inc.), AMZN (Amazon.com Inc.), NVDA (Nvidia Corp.), PYPL (PayPal Holdings Inc.) and TSLA (Tesla Inc.).


Input parameters

> Settings and Risk Management

  • Settings Mode: if you want to use your own parameter settings and perform optimizations, select User Settings; if you want the EA to select parameter settings automatically, select Automatic Settings (this option ignores the parameter settings entered by the user); if your broker uses a different nomenclature and the EA cannot identify the symbol, select it from the list of this parameter to use the most appropriate settings (this option ignores the parameter settings entered by the user);
  • Positions Risk Mode: select Percentage or Fixed Lot;
  • Positions Risk Size: percentage of capital or lot size that EA will use in each trade, according to the option selected in the previous parameter.

> ATR and Levels Management

  • Average True Range: select the period of the indicator;
  • ATR | Tick Volume:  select one of the available options;
  • Trading Level Mode: select a strategy for trading;
  • Trading Levels: select one of the available options.

> Signals Management

  • Trading Mode: select the trade type or disable trade for the timeframe;
  • Candle Range: select an option to calculate the range;
  • Candle Size: minimum size (height) of the range - percentage of ATR;
  • Candle Body: parameter used to calculate the minimum size of the candle body;
  • Shadow Big: percentage of Candle Size;
  • Shadow Small: percentage of Shadow Big.


Optimization

The trading hours of the symbols can vary for each broker, which will require specific settings files (.set) for the broker and symbol. See an example of how the EA can be optimized in the Comments tab (comment 3) . . .


Reviews 1
YoG12
376
YoG12 2024.04.19 06:48 
 

The back-test results are not very good, but the EA earns well in the real world. It can trade Gold and Indices as well as forex pairs. I am happy with Vini MT4.

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Future Sight MT4
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XG Gold Robot MT4
Marzena Maria Szmit
4.46 (26)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Bitcoin Scalp Pro
Profalgo Limited
5 (2)
NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the trades. The EA uses a "
Ai Multi Trend MT4
Mansour Babasafary
5 (5)
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Hercules AI MT4
Aleksandr Chebotaev
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Dark Algo
Marco Solito
4.79 (62)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Vini MT5
Vinicius Pereira De Oliveira
The Expert Advisor is fully automated, trades in all sessions (full-time), using a strategy based on   candlestick patterns: Bullish Patterns:  Reversal Composite Candles (similar to the Hammer pattern, but it uses the composite candle instead the single candle), Three White Soldiers, Piercing Line, Morning Doji, Engulfing, Harami, Morning Star, Hammer and Meeting Lines; Bearish Patterns:  Reversal Composite Candles (similar to the Hanging Man pattern, but it uses the composite candle instead th
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YoG12
376
YoG12 2024.04.19 06:48 
 

The back-test results are not very good, but the EA earns well in the real world. It can trade Gold and Indices as well as forex pairs. I am happy with Vini MT4.

Vinicius Pereira De Oliveira
4787
Reply from developer Vinicius Pereira De Oliveira 2024.04.19 12:33
Thank you for your comment!! Good luck!! 👍
Reply to review
Version 1.124 2024.05.11
- Added Strategy 4;
- Removed trading symbols CA60, CHINAH, US2000 and XAUJPY;
- Automatic Settings files updated.
Version 1.123 2024.02.09
Automatic Settings files updated.
Version 1.122 2024.01.18
- Added the option to trade on the 5-minute timeframe;
- Added the option for Day Trade;
- Added input parameter ATR | Tick Volume;
- Added trading symbols GBPJPY, NZDUSD, USDCAD, XAGUSD, XAUJPY, XAUUSD, BRENT, AAPL, AMZN, NVDA, PYPL and TSLA;
- Removed trading symbols CHINA50, FRA40 and NGAS.
Version 1.121 2023.10.28
Added trading symbols CA60, CHINA50, CHINAH, FRA40, US2000 and NGAS.
Version 1.120 2023.10.21
Added trading symbols AUDUSD, CADJPY, EURUSD, GBPUSD USDJPY and WTI.
Version 1.119 2023.06.02
- Added Trading Level Mode input parameter;
- Removed Trailing Stop Loss input parameter;
- Added Candle Range input parameter;
- Removed Filter Value 1|2|3|4 input parameters.
Version 1.118 2023.02.09
- Added Trading Levels input parameters;
- Optimized automatic settings.
Version 1.117 2022.11.16
Removed excessive input parameters. They provided excellent results in backtests, however, EA results outside the optimization period were not satisfactory.
Version 1.116 2022.10.07
- Added the Candlestick Patterns input parameter;
- Added the Take Profit input parameter;
- Added again some filters from version 1.113 that had been removed;
- Removed the Average True Range Filter input parameter;
- Revised some internal parameters;
- Removed trading on H4 timeframe;
Version 1.115 2022.09.16
Now, 4 sets of parameters are available for each timeframe, which will be used according to the current price situation in the market.
Version 1.114 2022.09.08
General improvements. Updated product description.
Version 1.113 2022.08.11
Added new filters.