This signal follows Red Baron EA: A detailed description of the EA can be seen there.

IMPORTANT: Use ECN broker with tight spreads > In order to reduce slippage view in the tab "Slippage" on this signal and select an acceptable Broker. Please feel free to suggest me other suitable broker for this signal.

Only important for subscribers of the signal, not for buyers of this EA ! Buyers can use every reputable ECN Broker. Regardless Server freeze or not !

To subscribe this signal, DO NOT USE BROKERS that FREEZE her SERVER at midnight Broker Time. Trades generated by the provider signal can then not be opened or closed simultaneously in the freezetime !! Please check in advance !!

If you have previously not acceptable broker you can find one at the following link: www.vipromarkets.com > Open there a True ECN Account > The broker Vipro Markets has same conditions as Tickmill and is also suitable for EU citizens.

How to subscribe to Trading Signals: https://www.mql5.com/en/articles/523

Other useful information on the evaluation and the copying of signals can be found here: https://www.mql5.com/en/blogs/post/647372 and here: https://www.mql5.com/en/blogs/post/647663

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Settings: Red Baron EA Version 3.1 The red values ​​indicate the difference from the standard values ​​in the EA .

Pair = EURGBP Timeframe = M5

== Trading Time Settings ==

  • Trading Hour Start = 23
  • Trading Minute Start = 0
  • Trading Hour End = 0
  • Trading Minute End = 59
  • Close Hour Start = 9
  • Close Minute Start = 0
  • Close Hour End = 9
  • Close Minute End = 1

== General Trading Settings ==

  • Allowed Spread = 15.0
  • Allowed Slippage = 3
  • Use Money Management = true
  • fixed Lotsize = 0.01
  • Risk = 40.0
  • max Lotsize = 90.0

== Filter Settings ==

  • Period Trendfilter = 25
  • Trendfilter = 40
  • Period Vola Filter = 10
  • Vola Filter = 70
  • Periode Indicator = 20

== Magic Number Settings ==

  • Magic Number buy = 1
  • Magic Number sell = 2

== Trade Management ==

  • Take Profit in Points = 50
  • Stop Loss in Points =160

== Trading Day Settings ==

  • MondayAM= true
  • MondayAMStartTime = 00:00
  • MondayAMEndTime =12:00
  • MondayPM = true
  • MondayPMStartTime = 12:00
  • MondayPMEndTime = 23:59

The settings for Tuesday, Wednesday and Thursday are identical

  • FridayAM = true
  • FridayAMStartTime = 00:00
  • FridayAMEndTime = 12:00
  • FridayPM = false
  • FridayPMStartTime = 12:00
  • FridayPMEndTime = 23:59
  • UseNewsFilter = true
  • CloseAfter_BeforeMins = false
  • SymbolsToCheck = EUR,GBP
  • UseHighImpact = true
  • HighBeforeMins = 120
  • HighAfterMins = 120
  • UseMediumImpact = true
  • MediumBeforeMins = 90
  • MediumAfterMins = 90
  • UseLowImpact = false
  • LowBeforeMins = 30
  • LowAfterMins = 30
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To improve performance of the EA , I manage the signal under the follow recommendations:

- I stop trading during (high impact) News in and/or shortly after tradingtime.

- At given intervals i will withdraw partical profits !

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To avoid (to high) negative slippage between my provider signal and your subscriber account, it may be advisable to rent the EA.

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ATTENTION PLEASE !! Depending of risk setting in the meantime Drawdown of  ~ 20 % are possible. DON'T RISK MONEY YOU CAN'T AFFORD TO LOSE !

For diversifying the risk, split your money an follow similar signals on basis of this EA for other pairs.
  • Growth
  • Equity
  • Balance
  • Risks
  • Distribution
  • Slippage
  • Reviews
  • What's new
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
Total:
Trades: 114
Profit Trades: 85 (74.56%)
Loss Trades: 29 (25.44%)
Best trade: 7.11 USD
Worst trade: -15.83 USD
Gross Profit: 211.26 USD (3 724 pips)
Gross Loss: -163.04 USD (2 027 pips)
Maximum consecutive wins: 24 (57.26 USD)
Maximal consecutive profit: 57.26 USD (24)
Sharpe Ratio: 0.13
Trading activity: 5.33%
Max deposit load: 10.48%
Recovery Factor: 1.00
Long Trades: 40 (35.09%)
Short Trades: 74 (64.91%)
Profit Factor: 1.30
Expected Payoff: 0.42 USD
Average Profit: 2.49 USD
Average Loss: -5.62 USD
Maximum consecutive losses: 4 (-11.12 USD)
Maximal consecutive loss: -29.63 USD (2)
Monthly growth: -7.60%
Annual Forecast: -92.26%
Best trade: 7.11 USD
Maximum consecutive wins: 24 (57.26 USD)
Maximal consecutive profit: 57.26 USD (24)
Worst trade: -15.83 USD
Maximum consecutive losses: 4 (-11.12 USD)
Maximal consecutive loss: -29.63 USD (2)
Drawdown by balance:
Absolute: 0.16 USD
Maximal: 48.14 USD (25.12%)
Relative drawdown:
By Balance: 25.12% (48.14 USD)
By Equity: 8.10% (13.54 USD)

MFE and MAE Distribution Point Graphs

Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.

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Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.

Symbol Deals Sell Buy
EURGBP 114
255075100125150175200
255075100125150175200
255075100125150175200

The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "ViproMarkets-Live" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.

JustForex-Live
0.00 × 1
TradersWay-Live
0.00 × 1
Darwinex-Live
0.46 × 13
Tickmill-Live02
0.63 × 8
ICMarkets-Live02
0.63 × 16
ViproMarkets-Live
1.35 × 23
RoboForexEU-ECN
1.50 × 2
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No reviews
2016.12.04 13:03 2016.12.04 13:03:59 

TRADING BREAK on 05.12.2016 AM Switching off all Pairs in the Signals which containing EUR and USD regarding the Italy Referendum - Higher volatility may be expected, which could be unfavorable market conditions for the signal

2016.11.03 11:57 2016.11.03 11:57:58 

Due to the US election on Tuesday 11/08/2016 and the expected volatile Forex market, the risk setting is halved until further notice. The trading of the signal will be suspend on Tuesday 11/08/2016.

2016.10.20 13:12 2016.10.20 13:12:23 

TRADING BREAK from 20.10.2016 PM to 21.10.2016 AM Switching off all Pairs in the Signals which containing USD and EUR regarding the oration by FOMC-Members Dudley and the EU summit meeting during trading hours

2016.09.21 13:10 2016.09.21 13:10:20 

TRADING BREAK from Wednesday PM 21.09.2016 till Thursday AM 22.09.2016 >>> Due to the strong decisions by several major central banks, this signal is switched off.

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