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Snowballed MT5

3.67

Strategy Summary & Advantages:
- It's a full-automatic short-term trading EA based on the advanced technic, it sells out when overbought and buys in when oversold, and makes profit while the market is rolling back.
- No Martingale, no Grid, no Hedging, no Averaging, using low stoploss for all trades (defaults from 30 pips to 100 pips).
- It is especially designed to avoid slippage, no Breakout, no Night Scalper, it can makes the large lot of trade.
- Using default settings and buid-in technical parameters, no need to do the tedious adjustment working.
- The average of position holding time is about 3 hours, the maximum is 15 hours.
- With protect function of account drawdown.

  * The real signal (default settings):  https://www.mql5.com/en/signals/1607553

  * The MT4 version of this EA:  https://www.mql5.com/en/market/product/90202

Supported FX pairs:

- EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, EURGBP, AUDNZD, EURAUD, EURCAD, CHFJPY, EURNZD, GBPCAD, XAUUSD.

EA Running:
- VPS: No special requirement.
- Broker: With low spread (very important).
- The minimum deposit: USD100.
- Working timeframe: H1.
- This is a multicurrency EA, you just attach it on one chart, then select to ‘ture’ for the FX pairs which you want to trade, and specify the trading volume, the EA will run automatically and trade all pairs you selected.

   Remark:  You need to change the symbol name if your broker's symbols aren't matched with the default settings.

EA Parameters:
- Magic:  EA magic.
- FixLots:  Fixed trading lot.
- AutoLots:  If select ‘true’, EA will automatically calculate trading lot base on ‘BalancePerLot’; if select ‘false’, EA will works on fixing lot.
MaxLots:  Maximum trading lot.
- BalancePerLot:  Needed account balance per opening one standard lot (trading lots = AccountBalance / BalancePerLot). 
- AccountEquityMaxDrawdown (percentage, 0-100):  Maximum drawdown percentage of account floating loss, all trades will be closed while the account floating loss drop below the setting value.
- PortfolioMaxOpenPositions:  Maximum open positions.
- EAComments:  EA comments .
UseSymbol:  The symbol will works if select ‘true’, it will not works if select ‘false’.
Symbol:  Symbol name, including of suffix. Eg, input ‘EURUSD.r’ if broker has suffix ‘.r’ .
- MaxSpreads:  Maximum spread in pips.
- TakeProfit:  Take profit in pips.

- StopLoss:  Stop loss in pips.

Reference Settings (13 pairs):

TradingModels BalancePerLot* (USD)
ExpectedAnnualReturn**   ExpectedAccountDrawdown** AccountEquityMaxDrawdown (Percentage) 
AccountLeverage
(At least)

Stabler
50K
50% - 100% 10% or more
6
30
Stable
20K 150% - 300%
25% or more
15 100
Middle 10K 500% - 1,500% 50% or more
30
200
* Need to convert currency if your account is not in US dollor. E.g., if your account currency is in Euro, and the BalancePerLot is selected for USD10K, the current quote of EURUSD is 1.11020, then the BalancePerLot’ in Euro is: 10K/1.11020  9007.
** Based on the backtesting.

EA Backtesting:
- Modelling:  Every tick based on real ticks.  
- The requirement of computer memory: 

Time Span
Memory Requirement
1 year
16GB
3 years
32GB
5 years
64GB

* For detailed test report, please go to the comment area of this EA to download it.

Very Important:
This EA is only designed for: 
- The brokers whose trading platform time are GMT+2 (or GMT+3 when daylight saving is in effect), no need to setup GMT offset.

- The account with 3 digits of JPY’ pairs, 5 digits of other FX pairs, and 2 digits of XAUUSD(Gold).
  If you want to run the EA in the broker with 3 digits of Gold, please change the SL and TP of Gold to "DefaultValue*100", such as the default SL is 15 and TP is 30, after adjusted, the new SL is 1500 and TP is 3000.
- The above requirements are included in most of brokers, such as  IC Markets, Pepperstone, FP markets and Go Markets, etc.


Reviews 6
Yuen Pak Hei
609
Yuen Pak Hei 2023.01.16 14:08 
 

Bought this EA recently. It has performed well recently. Will update again if there is a new situation.

Dmitrii Kozachenko
2152
Dmitrii Kozachenko 2022.11.08 07:44 
 

Good and simple to use EA!

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Join the movements of the market's Big Players. Mercury PRO Trade is our most preferred advisor, with a pure and professional operational, avoiding all amateurism and taking advantage of standard operations! Promotion and Limited Sales: We are offering only 100 licenses of Mercury PRO Trade. Prices are gradually increased as the batches end until reaching the original value of $6,199. B1: 01 - 05 : $999 (Sold Out) B2: 06 - 50 : $2,499 (Current) B3: 51 - 75 : $4,349 B4: 76 - 100 : $6,199 IMPO
Neurolite EA gbpusd
Aliaksandr Salauyou
The Neurolite Expert Advisor offers trade decisions based on a neural network trained using a 10-year history of real tick data. The trading is performed only on GBP/USD. Its main peculiarity is a small amount of input parameters so as to facilitate the working process of users. The Neurolite EA will fine-tune all the parameters for you. Trading Strategy The system does NOT use dangerous strategies such as averaging or martingale, but strictly adheres to the neural network instructions. Stop l
Neurolite EA eurusd
Aliaksandr Salauyou
The Neurolite Expert Advisor offers trade decisions based on a neural network trained on 5-years of real tick data. Trading is performed only on the EUR/USD currency pair. Its main peculiarity is a small amount of input parameters so as to facilitate the working process of users. The Neurolite EA will fine-tune all the parameters for you. This Expert Advisor is based on the previously released Neurolite EA gbpusd , which was adjusted for successful trading on the EUR/USD currency pair. Trading
A scalper system only work during Asian hours. Several unique indicators to detective the price fluctuation. Dynamic TP/SL level according to market conditions. Fixed stoploss to protect the capital, very low risk of losing a lot of money. No need to obtain SET files. The parameters are the same for each currency pair. It is optimized to work on EURAUD . It is recommended to use Eagle Scalper on M15 chart. It is recommended to run it on a real ECN broker with very low spread . It is recommended
Jack of all Trades MT5 is an Expert Advisor for trading high market moves. This is a fully automated EA optimized for multicurrency EURUSD, EURGBP, GBPUSD, USDCAD, USDJPY. The EA can be used on any timeframe because the indicators are locked to M10. The EA uses MACD(7,21,4), MOMENTUM(11) and candlestick history for last 10 candles on M10 for creating a signal. Because the EA is locked on M10, the trades will open on the same spot, it does not matter, on which timeframe it is tested. The EA also
TSO Price Channel MT5
Dionisis Nikolopoulos
TSO Price Channel is complete trading strategy focused on creating profit from market volatility. The system takes advantage of the intrinsic tendency of the market to reach its periodic maximum and minimum levels. By allowing the use of multiple instruments, the exposure of the system to any single instrument is reduced. Complete strategy including fully integrated positive and negative management. Works on any instrument. No pending orders placed. Any account size - $1,000+ is recommended. B
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Snowballed MT4
Xingming Chen
1 (1)
Strategy Summary & Advantages: - It's a full-automatic short-term trading EA based on the advanced technic,   it sells out when overbought  and buys in when oversold , and makes profit while the market is rolling back. - N o Martingale, no Grid, no Hedging, no Averaging, u sing low stoploss for all trades (defaults from 30 pips to 100 pips). - It is especially designed to avoid slippage,  no Breakout, no Night Scalper,  it can makes the large lot of trade. -   Using default settings and buid-in
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Tomas Hekl
119
Tomas Hekl 2023.03.05 09:06 
 

User didn't leave any comment to the rating

Xingming Chen
816
Reply from developer Xingming Chen 2023.03.09 01:19
Thanks for your comment, the suggestion is very useful, the Christmas and new year trading has already disabled.
Евгения Тонких
425
Евгения Тонких 2023.02.07 13:51 
 

Не стабильный робот, вдруг пошёл в минус. Возможно был сильный подгон под историю в процессе оптимизации. Наблюдаем дальше. Пока что больше 2-х звезд не могу дать.

--09.03.2023 минусы продолжаются, снижаю до 1 звезды.

Xingming Chen
816
Reply from developer Xingming Chen 2023.02.07 17:11
Hello, Based on the backtesting with fixed 0.01 lot: Form 2004 to 2022, the total profit is $12869, the largest drawdown (worst case) is -$148; From Oct 2022 to Feb 2023 (Snowballed EA released), the total profit is $86, the current drawdown is only -$26, so the current situation is in normal drawdown. At the meantime, the real signal of this EA had already got the 200% profits.
Yuen Pak Hei
609
Yuen Pak Hei 2023.01.16 14:08 
 

Bought this EA recently. It has performed well recently. Will update again if there is a new situation.

Xingming Chen
816
Reply from developer Xingming Chen 2023.01.16 14:37
Hello, thanks for your review, good days!
Torben Petersen
1117
Torben Petersen 2022.12.11 13:27 
 

User didn't leave any comment to the rating

Xingming Chen
816
Reply from developer Xingming Chen 2022.12.11 13:44
Thanks for your positive commentary!
Dmitrii Kozachenko
2152
Dmitrii Kozachenko 2022.11.08 07:44 
 

Good and simple to use EA!

Xingming Chen
816
Reply from developer Xingming Chen 2022.11.08 11:51
Thanks for your review.
Shumini8 请添加微信
1609
Shumini8 请添加微信 2022.10.24 02:14 
 

User didn't leave any comment to the rating

Xingming Chen
816
Reply from developer Xingming Chen 2022.10.30 02:04
谢谢你真诚的评价,good luck!
Reply to review
Version 3.0 2023.01.20
Optimized code, test results same as v2.9.
Version 2.9 2023.01.16
Added GBPCAD.
Version 2.8 2023.01.02
Disabled trading during Christmas and new year.
Version 2.7 2022.12.16
Disabled the additional pairs, no any other changes, test results same as v2.6.
Version 2.6 2022.11.20
Optimized feedback system, test results same as v2.5, no any other changes.
Version 2.5 2022.11.19
Fixed a bug, test results same as v2.4 .
Version 2.4 2022.11.15
Updated max spread and logo, no any other changes.
Version 2.3 2022.11.09
Optimized codes, so it can run together with other orders(such as manual open orders), test results same as v2.2, no any other changes.
Version 2.2 2022.11.03
Added EA comments, no any other changes.
Version 2.1 2022.10.21
- Optimized initialization time.
- Use default settings, it does not use set file.
- Test results same as v2.0.
Version 2.0 2022.10.11
Released the settings for GBPCAD, EURSGD and GBPSGD at the request of some traders.
Version 1.9 2022.10.10
Optimized hardcode of timeframe, suggest to update to version 1.9 if you have downloaded version 1.8.