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Euro Trade MT5

3
  • Expert works on EURUSD, GBPUSD and XAUUSD timeframe M15.
  • Trade will be executed when Hilo Candle M15 timeframe reaches the set target.
  • Experts are sensitive to spreads & slippage.
  • Experts are highly dependent on the Pull Back that occurs on the M15 Timeframe.

Input Parameters:
1. Manage Open Positions     
  • Working time frame : Candle & chart timeframe
  • Minimum Hilo size (in Point): Minimum High and Low distance to start trade.
2. Manage pending orders
  • Distance of pending orders from the current price(in point)
  • Step size to move pending order (in point)
  • Show Stop Line & Text
3. Manage Auto Lot
  • Auto Order lot : Enable auto lot
  • Risk percent : Risk percentage for auto lot
  • If Auto Order Lot=false, Fill in Fix Lot 
4. Manage SLTP & Trailling
  • Take profit (in Point),0= no takeprofit
  • Stop loss (in Point), 0= no stoploss
  • Trailing : Enable trailing
  • Trailing Start distance (in Point)
  • Trailing Step distance (in Point)

    5. Manage Martingale

    • Increase Lot After Last position is Loss
    • Multiplier for Martingale
    • Maximum Total Martingale trade allow

    6. Use time control, in broker's server time
    • Use time control: restrictions on trading hours and days. Timing use broker's server time.
    • Trade Start Time: Time to start trade
    • Trade End Time: Time to stop trades
    • Trade in Monday : enable trade in Monday
    • Trade in Tuesday : enable trade in Tuesday
    • Trade in Wednesday : enable trade in Wednesday
    • Trade in Thursday : enable trade in Thursday
    • Trade in Friday : enable trade in Friday

    7. Manage News
    • Stop Trade by News: enable pause trade if there is news
    • Show News Only This Chart Currency: False if you want to display news from all currencies
    • High importance: Show high importance news
    • High importance color: Color of high importance news
    • Medium importance: Show Medium importance news
    • Medium importance color: Color of Medium importance news
    • Low importance: Show Low importance news
    • Low importance color: Color of Low importance news
    • Show description of objects: Show object description
    • Period news updates in seconds
    • Stop trading X seconds before the news
    • Stop trading X seconds after the news.
    • Show timer before and after news.

    8. Manage Others

    • Slippage (in Point) : Max slippage allowed
    • Max spread (in Point): Max spread allowed
    • Magic number : EA identify open position base on this magic number


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    nori68
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    nori68 2022.08.15 05:05 
     

    The backtest is perfect. I am currently testing it on a demo account.Although the demo account takes a position, it is almost negative settlement. The grades do not improve like the backtest.

    Reply to review
    Version 1.24 2024.04.04
    Added news filter
    Version 1.23 2024.04.02
    + Update Stoploss and Takeprofit
    + Trailing updates
    + Added Manage Martingale, allows to increase lot for the next open position after last position is loss
    + Added Reverse signal input parameter
    Version 1.22 2024.03.31
    fix bugs on start lot
    Version 1.21 2024.03.31
    added fixlot input parameter
    Version 1.20 2024.03.31
    fixed minor bug
    Version 1.12 2022.08.26
    Added pending limit, now user can choose to use pending stop or pending limit
    Version 1.10 2022.08.19
    Updates:
    + Delete max hilo size input parameter
    + Added Multiplier Range input parameter, hilo size multiplier coefficient

    now the expert will automatically recognize the hilo size above the minimum hilo, and multiply it by the multiplier coefficient of the range multiplier. The user must determine the minimum hilo size and the appropriate multiplier coefficient to generate profit.

    The default setting can be used for XAUUSD M15, users only need to activate break even and auto lot. Please test it using modeling every tick base on real tick to get the most suitable modeling for real trade.
    Version 1.8 2022.08.19
    + Added Fix lot input parameter, now user can use fix lot if auto lot=false
    Version 1.6 2022.08.18
    Updates:
    + Added input parameter Maximum Hilo size in point, the goal is to limit the hilo size so that the expert will not take a position if it has passed the max hilo size.
    + Added Brek even, the goal is to lock in profit when the minimum profit breakeven start has been reached.

    The default ea parameter settings have been set to trade EURUSD M15 timeframe, user only need to activate auto lot = true and Breakeven=true.
    Version 1.4 2022.08.14
    Added monitoring broker's server connection speed/ping speed.