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Plata Fest

Pure price action is the best and only way to trade. We do not use any indicators since they only show the past.

MT5 Version Here |Follow Live Signal Check Other Products 

We only trade the most reliable support and resistance zones which are proven to be valid on multi-timeframe pictures and then find a good candle stick pattern to enter the trade. There is absolutely no BS here! Trade like a pro!

This EA does not use grid or martingale and therefore not dangerous to your account.
Besides, the TP/SL ratio is very high since Plata Fest EA scans for the right setups to place trades.
Another important feature is that it has Stop loss and Take profit for each trade, therefore, the EA will not keep floating losses in hope that the trend will change.
Plata Fest is designed to trade on many symbols but recommended ones are already as default.
The EA is not affected by spread as it is not a scalper. It trades between 10 and 30 trades per week.

    Only 1 copies available for $70. Next price is $90

    BUY Plata Fest  and get a FREE GOLD GRID TRADER EA (Mt4 Version).

    *Symbols that the expert trade best are: NZDCHF_GBPAUD_GBPNZD_GBPCAD_GBPUSD_NZDJPY_USDJPY_CHFJPY. For best results, use MT5 to test multi-currency feature. MT4 does not have this ability for multi-currency backtesting. When it comes to the mt4 version, place the EA in each of the  charts when trading. Similarly, run mt4  backtests for each of the listed pairs. 

    *The expert should be run only on NZDJPY H1 chart

    Timeframe H1
    Settings Default settings work great
    Brokers Any
    Minimum Deposit $100
    Recommend Deposit $500
    Symbols NZDCHF, GBPAUD, GBPNZD, GBPCAD, GBPUSD, NZDJPY, USDJPY, CHFJPY
    Spread NOT sensitive to spread, slippage
    Order Notifications  Telegram

    Inputs:

    "Lot management"

    1_lot mode: you can use "fixed lot size" or "auto size"

     

    2_Lot value (percent or fixed): the value of lot base on mode you choose

     

    3_Opening only once per currency despite multiple signals: if this option is true it will only open one trade per symbol even if multiple signals occur.

     

    4_Entery signal Strength percent: this option increases the sensitivity of signals and the higher the value the less trades but higher quality of trades

     

    5_Allow opening on opposite direction from same symbol: this option allows the EA to open trades in the opposite direction if opposite signals arrives

     

    6_Stops trading after X Drawdown: if the equity falls below this value (%) of balance it won’t open any more trades (set -1 for disabling).

     

    7_Close trades on reaching Max DD: same as above input but it will close all the open orders too

     

    8_Close all orders at hour of Friday: closes all orders at Friday at this hour to prevent them from being open over weekend (set -1 for disabling)

     

    "Stops management"

    1_Manual Stoploss in points: the SL will be manually placed with this much distance in points (set -1 for disabling)

     

    2_Manual Takeprofit in points: the TP will be manually placed with this much distance in points (set -1 for disabling)

     

    3_Add small change to Takeprofit and Stoploss: this option is for prop firms which don’t allow multiple users open same trade. This option changes the TP and SL by a few points randomly so multiple users can use it without problem.

     

    "Preferences"

    1_ prefered currencies: the symbols that they want to trade on (it should be without space and separated by comma)

     

    2_magic number: magic number

     

    3_cutom orders comment: positions comment

     

    4_suffix for symbols: symbol broker suffix

     

    5_ prefix for symbols: symbol broker prefix

     

     

    "Trailing settings"

    1_Trailing stop distance in pips (-1 for off): it will trail the SL after an order turns to profit by the value distance (set -1 for disabling)

     

    2_Profit in pips to start trailing: how much profit in pips the order should reach to start the trailing stop

     

    3_Trailing step in pips: steps of changing the SL for trailing, for example 0.1 pip means it will trail the SL even 1 point changes.

     

      "Telegram settings"

    1_telegram bot token: telegram bot token so the trades will be send to your bot

     

    2_telegram chat id: chat id of telegram bot

     

    3_telegram refresh frequency (in seconds): refresh rate for updating telegram bot


    Dont forget to contact me after buying so that I can add you in the Plata Fest EA group Support. 

    Note: Past profits doesn’t grantee future profits


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    Babak Alamdar
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    5 (6)
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    Marzena Maria Szmit
    4.6 (20)
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    Version 2.57 2023.02.28
    The latest updates to the robot include:
    • the addition of manual take-profit and stop-loss options,
    • a trailing feature,
    • the ability to only open one order per symbol,
    • an entry signal strength indicator,
    • hedging options,
    • the ability to change take-profit and stop-loss levels,
    • the ability to stop trading after a certain drawdown is reached,
    • and the option to close all orders at a specific time on Fridays.
    Version 2.33 2023.01.29
    Some bug fixed and improved performance
    Version 2.12 2023.01.22
    Improvement of the EA's reliability.
    Version 1.34 2023.01.07
    Bug fix and stability improvements
    Version 1.14 2022.12.27
    New update removing a bug.
    Version 1.7 2022.12.18
    Minor bug removal