• Overview
  • Reviews (4)
  • Comments (3)
  • What's new

LaserAlgo EA MT5

2.75

Traders are humans.

The markets are controlled by "fear" and "greed" and there are patterns for it. We found these patterns via years of writing and monitoring algorithm, and we now introduce to you our LaserAlgo MT5.

We used our 7 years’ experience in the markets to convert this concept into a fully AI algorithm.

 

Link to MT4 version:https://www.mql5.com/en/market/product/89549

Link to live run of EA: https://www.mql5.com/en/signals/1780127


This is a promotional price and will be increased after selling 5 copies.

important: We only sell our products on mql5 website. 


Features of the LaserAlgo:

  1. This is an AI and based on the patterns that markets make
  2. It does not use grid or martingale methods
  3. It has a very good risk to reward ratio (R:R)
  4. It uses a stoploss for every trade placed
  5. It can trade many symbols, but we recommend the default
  6. It can trade between 3 to 10 positions per week

Symbols that this expert trades best that expert trade best on them: AUDJPY,EURJPY,NZDCAD,CADJPY,GBPJPY

the expert should be run only on AUDJPY H1 chart(this is important)

 

Inputs:

1.       Risk % Per Trade:

Set as per your appetite, we recommend no more than 2%

(E.g. If it is set to 2 and a trade hits SL than your loss will be 2% of your balance)

 

2.       Custom Symbol Prefix:

Some brokers have a prefix at end of their symbol:

(E.g. If the brokers symbols are a.GBPUSD then you will need to enter a. in this field)

 

3.       Custom Symbol Suffix:

Some brokers have a prefix at end of their symbol:

(E.g. If the brokers symbols are GBPUSD.a then you will need to enter .a in this field)


4.       Start Hour of Trading (0 TO Disable Start Time):

(E.g. if you set this to 1 then the expert will not trade from hour 0 to 1 everyday)

 

5.       Start Minute of Trading:

(E.g. if you set this to 30 and the above setting to 1 as per the example the expert will not trade from 0 to 1.30 everyday)

 

6.       End Hour of Trading (0 To Disable End Time):

Same as start hour but enter a time value to stop the EA from trading

 

7.       End Minute of Trading: same again for minute

Same as start minute but enter a time value to stop the EA from trading

 

8.       Maximum Allowed Spread: (100 points by default, recommended)

if the spread (in points) is more than the inputted amount the expert will not trade

 

9.       Maximum Open Positions: (10 by default, recommended)

If the open positions (only this EA) are more than this amount it won’t open new trades


10.     Broker GMT Time: (3 by default, recommended)

Please keep as default if not known


11.    Custom Magic Number: (6664 by default)

If you are running multiple experts on one account, you can change each magic number so the EA’s don’t interfere with each other.


12.    Custom Comment: (LA by default)

You can enter anything you like in this field to help identify the trades made by this EA.


please note that past results don’t guarantee future results/ profits. 

 


Reviews 4
Wan Suryolaksono
1417
Wan Suryolaksono 2022.12.05 14:00 
 

Actually this EA has potential to directly make big profit on some positions. But for safety for all of the auto trade, I'm using secondary EA to make trailing stoploss for just little profit I get. So, my conclusion is, this EA should be update in the future with trailing stop features. Sometimes the signal become in loss position without make a profit, but I ALWAYS make it close in profit with just one or two averaging positions . In all scenarios, I can only suggest that one or two grid averaging position as an update features should give this EA the stability in all conditions, without compromise

jefecitotennis
141
jefecitotennis 2022.12.13 22:47 
 

Incredible tests... We'll talk about this for a few months...

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Filter:
Cristian Mihail Pauna
12917
Cristian Mihail Pauna 2023.01.07 20:58 
 

Negative feedback! This expert was unprofitable in my real account. I have tested it two times with the same losses. There are big differences between backtest and the real trading results. I am not using LaserAlgo EA in my portfolio. Sorry!

Hamza Ashraf
7899
Reply from developer Hamza Ashraf 2023.01.10 11:25
Thank you so much for the kind review and support!
Thanks,
H
jefecitotennis
141
jefecitotennis 2022.12.13 22:47 
 

Incredible tests... We'll talk about this for a few months...

Hamza Ashraf
7899
Reply from developer Hamza Ashraf 2022.12.13 23:00
Thank you so much for your kind review!
Benjamin Sanchez Parra
859
Benjamin Sanchez Parra 2022.12.10 11:46 
 

UN CHORRO CONTINUO DE STOP LOSS MIENTRAS MANTIENE UN FLOTANTE POSITIVO QUE TERMINA CONVIERTIENDOSE A NEGATIVO A LOS DIAS POR NO TENER UNA GESTION DEL TP INTELIGENTE... SI ESTAIS PENSANDO EN COMPRAR MEJOR AHORRAR EL DINERO Y BUSCAR OTRO

Wan Suryolaksono
1417
Wan Suryolaksono 2022.12.05 14:00 
 

Actually this EA has potential to directly make big profit on some positions. But for safety for all of the auto trade, I'm using secondary EA to make trailing stoploss for just little profit I get. So, my conclusion is, this EA should be update in the future with trailing stop features. Sometimes the signal become in loss position without make a profit, but I ALWAYS make it close in profit with just one or two averaging positions . In all scenarios, I can only suggest that one or two grid averaging position as an update features should give this EA the stability in all conditions, without compromise

Hamza Ashraf
7899
Reply from developer Hamza Ashraf 2022.12.09 11:53
Hi Iwan. Hope you’re keeping well. Thanks so much for your review and feedback. We’re always looking to improve our systems so we will take this onboard. Thanks,
H
Reply to review
Version 2.8 2023.02.26
- Minor Bug Fixes
- Improved Trend Sensitivity
- Improved Strength Indicator
- Updated Fixed Trailing Feature
- Fixed Break-Even issue
Version 2.4 2023.01.29
- Improvement of the volume and accuracy of trades

- More BE options

- More trailing stop options
Version 1.90 2023.01.22
-Performance and Algorithm improvements

-FTMO randomiser entries and SL/TPS

-Max daily and over loss limits

-News filter

-Break even option

-Trailing option
Version 1.79 2023.01.07
- Added fix lot mode
- Option to choose risk based on balance or equity
- One trade per symbol not working on backtests has now been resolved
- Minor bugs fixed
Version 1.35 2022.12.27
Bug fixes, and performance has been increased.

Also fixed the issue with trading other pairs which were entered in the settings.

(Please backtest other pairs and add them in accordingly at your own risk)
Version 1.17 2022.12.02
Maxed allowed spread bug is resolved.