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Daytrade Pro Algo MT5

499 USD

Demo downloaded: 1 341

Published: 2 May 2023

Current version: 2.62

Daytrade Pro Algo MT5

4.5

Experts
Profalgo Limited
Version: 2.62
Updated: 10 April 2024
Activations: 10

Launch Promo:

Limited number of copies available at current price
Final price: 990$
NEW: get 1 EA for free! (for 2 trade accounts)

Ultimate Combo Deal -> click here

LIVE RESULTS: https://www.mql5.com/en/signals/1949810

JOIN PUBLIC GROUP: Click here

Set Files

Welcome to DayTrade Pro Algo! After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs:

It is broker independent
It is spread independent
It shows very stable backtestests using real variable spread tests with ease, on MT4,MT5, TDS2, and on multiple brokers
Hundreds of different settings all give profitable results in testing (but ofcourse I selected the best ones!)
Very robust system -> settings are interchangeable, so running EURUSD with settings from USDJPY will still be profitable.
Runs already on 13 pairs: EURUSD;GBPUSD;USDJPY;AUDUSD;XAUUSD;GBPJPY;USDCAD;EURJPY;EURNZD;EURAUD;NZDUSD;AUDJPY;CHFJPY;

This EA trades price action around major daily support and resistance levels. Price tends to be "sucked" into these highs and lows, and thus there are profits to be made at those zones.

This algorithm uses a SL and TP on each trade, and also uses a trailing stoploss to maximize profitable trades, and minimize the losing trades.

It will trade about 10 trades per week.

How to run the EA:

Simply open a EURUSD Daily chart, enable the "OneChartSetup" in the parameters and set your lotsize.

For low risk, I recommend using LotsizeStep = 1000 or higher.

For Medium risk, I recommend using LotsizeStep=700

For High Risk, I recommend using LotsizeStep=500.

Important: these values are based on USD/EUR accounts. For other accounts, please convert these values to your account currency (ask me in pm if you have questions about this)

How to backtest the EA:

Run on EURUSD Daily, and enable the "OneChartSetup" in the parameters.

Use "1minute OHLC" for tickquality. The EA doesn't need "every tick" to get reliable backtest results, because of the nature of how the EA manages trades.

Ofcourse you can check yourself to see that the difference with "every tick" is minimal.

Recommended minimum balance: 400$

Parameter overview:

ShowInfoPanel: enable the infopanel on the chart
Adjustment of infopanel size: for high-resolution screens you can increase the size of the infopanel here
update infopanel during testing: recommended to disable for faster backtesting
UseOneChartSetup: enable running all pairs from a single chart
OneChartSetup -> pairs to run: set all the pairs you want to run
Use Virtual Expiration: enable if your broker doesn't allow expiration date on pending orders
Magicnumber
comment for trades: the comment to be used on your trades
Lotsize Calculation method: choose either fixed lotsize (startlots) or automatic lotsize (using lotsizeStep)
Startlots: the manual fixed lotsize you want to run
LotsizeStep: the stepsize for lotsize increments (so LotsizeStep=500 means 0.01lots for each 500$ in the account)
Use Equity instead of Balance: which to use for lotsize calculations
OnlyUp: this will prevent lotsize decreasing after losses (for faster recovery)

I just had to add this text as well after seeing a strange trend occur amongst sellers on MQL5. Here is a fair insight:

This EA does not use ChatGPT, neural networks that mimic the human brain, AI from Mars Space Shuttle, or anything else of the many fake descriptions sellers are putting on their EA's product page.

Be smart, don't fall for the holy grail traps. There are no such things.

Trading bots don't make profits in straight lines either. So backtests without losses are manipulated 100%.

I develop real trading strategies, which will make a loss as well during some periods. I'm honest about what I develop and sell, and I am not trying to trick you.

more...

154

Dominic 2024.03.08 18:13 #

I have Daytrade Pro Algo for my MT4 and MT5 account and it is a very reliable system to increase the account balance in a safe way. It works with fixed stop loss and take profit and does not use a strategy that destroys the account. I use Daytrade Pro Algo together with Gold Trade Pro and Gold Reaper, which are all from the same developer. The developer (Wim) does a great job and he knows what he is doing. His support is great and I have 100% confidence in his work.

964

Daniil Shchukin 2024.02.04 14:39 #

Highly recommend this EA! Wim is very good developer! Don’t see what some months have a minus, in one year you will be in plus. The review same as on GTP EA, because they have a similar strategy.

Gravity Tool 2023.12.11 19:24 #

This EA is amazing. I can highly recommend it. Of course it has some drawbacks from time to time, but in the long term great. Many parameters to adjust strategy but also easy to handle and to understand. Also, Wim is very supportive, he replies very promt to all questions, and he answers them very competent. Overall absolutely great. If this EA would have a parameter "Risk per Trade" as e.g. the Gold Trade Pro EA I would give 6 stars. :)

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Neuron Net GOLD is an integration of the Python programming language, deep learning machine and mql5 code to be able to predict XAUUSD price movements so as to produce entries and exits based on artificial intelligence. How it works: At the start of asian session, Neuron Net Gold will carry out analysis based on historical data and predict gold price movements. If the price prediction is up, Neuron Net Gold will take a long position, and vice versa. Neuron Net Gold will close the position a

1 050 USD

71% discount for the next 5 buyers (original price $9000): 3 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t

2 560 USD

Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 index. This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and

899 USD

599 USD

LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal -> click here New live signal: https://www.mql5.com/en/signals/2084890 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP: Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strategy. What do I mean with "real trading strategy"? As you probably

599 USD

Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal -> click here LIVE RESULTS: https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP: Click here Set Files Welcome to DayTrade Pro Algo! After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ

499 USD

399 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! NEW: Now also supports Ethereum! Bitcoin Scalp Pro is a unique trading system on the market. It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the tr

349 USD

LAUNCH PROMO: ONLY 34 9 $ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our promo blog ! JOIN PUBLIC GROUP: Click here Live results low risk Live results high risk Welcome to STABILITY PRO : One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in eve

449 USD

149 USD

449 USD

Little Trade Helper is a fine tool for manual traders. It can quickly draw trendlines and support/resistance lines that will help to identify good price levels for placing entries, or set SL/TP levels. This indicator will not provide any direct buy/sell signals or notification, but is purely meant for those traders that want to get a quick graphical help in finding important levels on the chart. When switching to another timeframe, the indicator will immediately adjust and re-calculate all

35 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog ! Live results: https://www.mql5.com/en/signals/1872951 high risk account Introducing the latest addition to our line of forex trading robots - the Apex Trader . Developed using years of experience in creating expert advisors, Apex Trader is a powerful trading tool for the forex market. As a developer, I have dedicated a l

349 USD

499 USD

349 USD

NOTE: only recommended How to set up the EA: Please read the blog first Run on M5 only. Run on all pairs a seperate chart OR run all pairs from 1 chart using the OneChartSetup I would recommend using "LotsizeStep" as AutolotMode. (Automatic money management) LotsizeStep values-> Low risk: 500; Medium Risk: 250; High Risk: 150 It is recommended to run the EA on a low spread ECN broker. Minimum recommended accountsize: 250 $ for running all 14 pairs, but you could run only a few pairs

149 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Gecko runs a simple, yet very effective, proven strategy. It looks for important recent high and lows and will trade the breakouts. The actual execution of this strategy however, is what makes this EA truly shine. Entry calculations and exit algorithms are not only unique but also very advanced. LIVE RESULTS: https://www.mql5.com/en/signals/7

149 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. IMPORTANT

129 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Grid King is a revolution in grid trading. The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market. It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a li

249 USD

NIGHT OWL is a night scalper that trades during the most quiet times of the market. Markets tend to range in that period and the EA will trade those ranging movements. Each trade will have an initial stop loss and take profit, but the EA uses also advanced SL management algorithms that will evaluate the strength of the trades and close out early if necessary. The EA works on all pairs that have stable spread and quiet moves during the night. But it is programmed to also handle bigger spreads wit

125 USD

249 USD

NOTE: only recommended for these pairs currently: EURGBP;GBPUSD;GBPCAD;USDCAD;USDCHF; NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! The Reaper EA is a night scalper that will trade reversal on the nightly ranges for multiple currency pairs. The EA is very advanced and uses a lot of filters and safety measures. Please read the blog after purchase: Recommended pairs: GBPUSD;GBPCAD;GB

149 USD

NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our promo blog ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low spread and fast exec

129 USD

149 USD

Filter:

770

David Anthony Waddington 2024.03.26 12:01 #

User didn't leave any comment to the rating

154

Dominic 2024.03.08 18:13 #

61313

Reply from developer Wim Schrynemakers 2024.03.08 18:14 #

Thx again mate!

964

Daniil Shchukin 2024.02.04 14:39 #

Highly recommend this EA! Wim is very good developer! Don’t see what some months have a minus, in one year you will be in plus. The review same as on GTP EA, because they have a similar strategy.

Gravity Tool 2023.12.11 19:24 #

271

Wei Lun Lim 2023.10.08 07:53 #

Author has been extremely quick to respond and backtest so far looks very good, it is also diversified with a focus on good risk management and good risk reward. Will update the review again once im live for a few more weeks. But so far, very recommended!

1036

Ck. 2023.10.01 17:26 #

The author is attentive, support and responses.

1278

Wolfgang Zaunschirm 2023.07.15 13:53 #

In letzter Zeit entwickelt sich Daytrade Pro sehr gut. Letzte Woche waren aussergewöhnliche Gewinne dabei. Wim ist echter Profi, antwortet schnell und kompetent und hilft bei allem. Es gehört zwar nicht hierher, aber ich bin mit den anderen Produkten, die ich von Wim gekauft habe (Gecko, Luna, RedHawk, Starlight, Apex, Advanced Scalper) auch sehr zufrieden. Wer starken Nervenkitzel sucht, ist hier falsch (ausser Apex), aber stetige, stabile Langzeitgewinne sind auch etwas Wunderbares. Vielen Dank und schöne Trades. Wolfgang

14.9.2023: Ein wunderbarer EA; Wim, wirklich super Ergebnisse am Live Account!!

2295

Victor Minaev 2023.07.06 15:17 #

Советник показывает отличные результаты, как в тесте, так и на реальном счете.

1068

GOEXPERT 2023.06.09 20:08 #

The Ea has a good performence in long therm

209

Martin Rasmussen 2023.06.06 22:43 #

In simulation it is amazing. Live it has been consistant so far ( 1 month) with small wins and bigger losses to form a downwards trendline. Not what I expected, but then again I saw it in many other experts advisors. If it starts to perform better, then I will be back (with a better grade), but for now I am out.

61313

Reply from developer Wim Schrynemakers 2024.02.07 19:02 #

I would like to review your review. Live results are great so far: https://www.mql5.com/en/signals/1949810?source=Site+Signals+My

575

sherbird 2023.05.20 03:22 #

I love this EA's strategy. Highly recommended. I will not respond to any messages. Thank you.

Version 2.62 2024.04.10

fixed minor issues with EURJPY and EURAUD when using Randomization

Version 2.61 2024.03.25

fixed infopanel bug

Version 2.60 2024.03.25

fixed lotsize bug in infopanel

Version 2.50 2024.03.17

- improved Max Daily Drawdown algorithm

Version 2.40 2024.03.14

-Improved GBPUSD

- Added new lotsize calculation method: Max allowed DD per pair -> this will force the EA to run all pairs with the same risk, based on the historical max DD.

Some pairs had lower historical max drawdown as other pairs. but setting the same risk to each pair, they will run at different lotsize each, so that all pairs have the same historical max risk.
This will give a more distributed risk for all pairs

You can enable it by setting the "lotsize calculation method" to "Risk Based on pair's Max Historical DD", and then setting the max risk per pair in the parameter "max risk per pair".

Version 2.10 2024.03.01

- improved algo to put out less messages in journal (to prevent "hyperactivity" for some brokers)

Version 2.0 2024.01.23

re-optimized GBPJPY, AUDUSD, EURNZD and AUDJPY to increase longterm stability

Version 1.60 2023.11.17

improved Daily Max Drawdown algo
added option to close trades for the weekend (for certain prop firms)

Version 1.50 2023.11.06

added option to randomize the entries and exits a bit. This could be usefull when many people are using the EA on the same prop firm, to prevent to get banned
A good value would be between 1 and 5 max

Also added option to set Max Daily Drawdown (also for prop firms)

Version 1.4 2023.10.26

added option to disable margin check for BTC accounts

Version 1.3 2023.05.11

fix settings for brokers that use GOLD instead of XAUUSD

Version 1.2 2023.05.03

added option to set maximum number of open trades per pair

Version 1.1 2023.05.02

removed "max number of trades" parameter, as it had no fuction