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Reward for Effort

About the System:

Reward for Effort is an automatic trending system based on proprietary methods of trend identification simultaneously on 5 timeframes: M1, M5, M15, H4, D1. Reward for Effort is provided by the proprietary 15 speed dynamic trailing stop mechanism, which is able to give control to the adjustable Parabolic SAR indicator, which receives data from the active working time frame D1. Primarily, the first order is modified only then the control is passed on Parabolic SAR. If Parabolic SAR starts giving an opposite signal, control is passed on 15 speed dynamic mechanism, configuration of which you can adjust yourself in the settings, or use a reference one. If Parabolic SAR generates profit-directed signal again, 15 speed dynamic trailing stop mechanism will pass control on Parabolic SAR. In case of successful entry by trend, it allows to gain 800 and more points of profit which depends on setting of 15 speed dynamic trailing stop mechanism. Reward for Effort is provided with detailed informational panel which is displayed on the screen of the pair working chart.

Core target of a trade is 50 points, in case of initial mastering trailing stop must be at least 20 points. The main timeframe for an active chart is D1.

The system is designed for EURUSD only. Other pairs require customization of the trend module combinatorial set.

It was tested from 2000.01.01 to 2015.01.01. We recorder the test in a video file to demonstrate the system's operation.

System Parameters:

  • The_resistance_of_the_uptrend_or_the_support_of_the_downtrend - corridor of manual input of support and resistance points in the light of external data (disabled by default).
  • The_support_of_the_uptrend_or_resistance_of_the_downtrend - corridor of manual input of support and resistance points in the light of external data (disabled by default).
  • Sar_trailing_main_parametr - Parabolic value (deviation as % to identify reversal)
  • Allowed_spread_to_open_order - spread limit.
  • The_allowable_width_of_the_channel_Bollinger_to_open_order - Bollinger channel width limit (by working timeframe).
  • leverage - leverage for calculation: automated determination or manual level, if USE_hand_tuning_laverage - true.
  • USE_hand_tuning_leverage - manual control over the leverage, assigns its own calculated level of the leverage irrespective of the broker's leverage.
  • Auto_configuration_of_the_lot_size_on_the_magnitude_of_the_risk - enable/disable automated lot calculation by the specified risk value.
  • The_percentage_RISK_of_alone_order - risk % per one order with consideration of stop loss value.
  • The_percentage_of_RISK_multiple_orders_in_the_market - risk % per several simultaneous orders.
  • The_percentage_of_deposits_in_margin_of_alone_order - percentage of deposit used in margin for one order.
  • The_percentage_of_deposits_in_margin_for_all_open_orders - percentage of deposit used in margin for all orders.
  • Total_percentage_drawdown_for_lock_opening_orders - percentage of deposit in drawdown above which next orders are not opened.
  • Max_Orders - maximum number of simultaneously opened orders.
  • Use_TrailingStop - enable/disable TrailingStop block
  • TP3,TP9,TP489,TP2683,TP2684 - standard profit of an order
  • TakeProfit_TREND_MODEL - profit of an order after its first modification.
  • TrailingStop_TREND_MODEL - obtaining the first target profit which ensures the first modification of an order.
  • TrailingStep_TREND_MODEL - target profit blocked by stoploss after the first modification of an order.
  • TrailingStopLevel1_TREND_MODEL - obtaining the second target profit which ensures the second modification of an order.
  • TrailingStepLevel1_TREND_MODEL - target profit blocked by stoploss after the second modification of an order.
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PeregrimEA is a unique and fully automated Expert Advisor based on scalping at the end of the American and start of Pacific trading sessions when major market players close their positions and a short-term trend reversal occurs. PeregrimEA features a set of unique filters based both on technical indicators and price behavior factors. Unlike other EAs, PeregrimEA : does not use "toxic" trading methods (martingale, averaging, etc.) ; uses fixed Stop Loss orders protecting your funds; flexible Mone
30 000 USD
BARS trade system
Sergei Slesarenko
Operation Principle BARS is a trend trading expert advisor with main objective to achieve the take profit. There are two modes of operation: fully automatic and semi-automatic. In the latter case, trader is able to limit the price range. System Features The system does not use indicators. The trend calculation and auxiliary algorithms are based on the price action. The system has filters, which balance the system allowing it to adjust to the different modes of operation. The system works using
19 900 USD
EvoNightEA
Ivan Pochta
EvoNightEA is a unique and fully automated Expert Advisor based on scalping at the end of the American and start of Pacific trading sessions when major market players close their positions and a short-term trend reversal occurs. EvoNightEA   is based on a number of technical indicators for market analysis and opening a position, including CCI, DeMarker, ATR. Most of the parameters are dynamic, thus reducing the chance of overfitting at the expense of the absence of static values. It's make syste
30 000 USD
ForexMarshalsSmart
Iurii Tokman
The strategy basis is the trading with low risk on the medium-term market trends. The average profit transaction is 15-50 pips that will not be qualified by brokers as aggressive scalping. ForexMarshalsSmart can trade with any of the broker who supports trading through terminal MetaTrader 4 and is absolutely legal product that does not harm any of the brokers and meets all offers and requirements of the leading brokers in the world. Trading Levels Settings ZeroProfitLine - line that shows the
30 000 USD
Milch Cow Pro
Mohamed Nasseem
MILCH COW MIX PRO EA is primarily a Hedging and Multiples Strategy. It support to seize every opportunity in any direction as MILCH COW MIX but with an increased number of trades. YOU must run the expert on two chart at same currency. Not just opens the deals, but chooses the right time to close the open positions to begin trading again. We recommend the use of an expert with a pair of high volatility for the currency, such as GBPAUD, AUDCAD Testing expert during the period from 01.01.2014 until
30 000 USD
Avato
Nikolaos Bekos
The Avato is one of our standalone tools. (A Signal based on it will also be provided on Mt4 Market in the future). It is designed around a combined form of hedging and martingale techniques and uses sophisticated algorithms and filters to place the trades. It uses Stop loss and Take profit levels while Lot size is calculated automatically following the according multiplier settings. We consider it a toolbox for every seasoned trader. Made with Gold market in mind, it can be tested in other inst
5 000 USD
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The Wind of Change
Aleksandr Karvas
About the System: The The Wind of Change is an automated trading system based on a proprietary method of simultaneous trend identification on 7 time frames: М1, М5, М15 ,М30, H1, H4, D1 or any other combination.  Trade aim amounts to 50 points. You can lower the conservative profit to 25 or15 points if desired. The main time frame for an active chart is D1. The system is developed for EURUSD only. Other pairs require individual setting of the trend module combinatorics. We release the product fo
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The Wind of Change USDCAD Scalper
Aleksandr Karvas
The Wind of Change-USDCAD-Scalper is an automated trend following scalping system based on a proprietary method of simultaneous trend identification on 5 time frames: М1, М5, М15,H4, D1. Trade aim amounts to 10 points. The system works at a certain time, which is automatically defined relative to GMT, and can be adjusted for any time zone of your broker and terminal. The main time frame for an active chart is D1. The system is entirely customized and developed for EURUSD only. We release the pro
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