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Butterfly

This Expert Advisor is designed for effective investment management and medium-term trading. Do not use martingale, grid and other high-risk trading strategies similar to overstaying drawdown by keeping unprofitable trades. Every trade is protected by stop loss. Only one market order can be opened at a time. It works using pending (Stop, Limit) or market orders depending on the parameters specified. The trailing stop levels can be set in pips, in the deposit currency or as a percentage of the balance. VPS server is recommended. The recommended minimum deposit is 1,000 units of the base currency. The EA is to be used on highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, XAUUSD), timeframe does not matter. For the convenience of evaluating the efficiency of the trading system, various information is output on the chart.

💼 Telegram chat for questions and discussion: https://t.me/forex4up_chat

This EA is designed for long-term use, therefore, do not expect immediate results. There can be unprofitable days, weeks and even months. The number of trades mainly depends on the market volatility. Keep in mind that this is merely a program and not the Holy Grail. Only you should decide when and where to use it. Make sure you test the program in the strategy tester and understand all the settings before you make the purchase.

The number of trades if determined by three main parameters:

  • LifeTimeSignal - signal lifetime.
  • Distance - the distance the price should pass.
  • TimerSeconds - time to refresh the data in seconds.

The smaller the distance the price should pass and the greater the allocated time, the greater the number of trades. Also, disabling the signal lifetime setting allows the EA to work using a simplified logic, which generates more trades but with a decreased quality.


Optimization settings:

  • LifeTimeSignal - start 10, step 10, stop 120.
  • Distance - start 40, step 10, stop 200.
  • TimerSeconds - start 10, step 1, stop 30.
  • TrailingStop - start 40, step 10, stop 100.
  • TrailingStep - start 40, step 10, stop 200.

I decided not to overload this EA with a lot of different functions, and equipped it with only the essentials. But, if you need something done additionally, it can always be done via the freelance service with prior negotiation. Please contact me if you have any questions. I hope, this product will be helpful. If you like my product, please leave your feedback.


Description of the Parameters

  • OrdersType - select the order placement type:
    • StopOrder - pending Stop orders.
    • LimitOrder - pending Limit orders.
    • MarketOrder - market execution.
  • PctMaxLots - automatic calculation of the lot size as a percentage of the maximum allowed lot. If set to -1, a fixed lot set in FixLots is used.
  • FixLots - fixed lot.
  • LifeTimeSignal - signal lifetime, in minutes. Not used if set to -1.
  • Distance - the distance the price should pass within a certain time interval.
  • TimerSeconds - time in seconds, after which the data for opening positions are refreshed.
  • LevelsMode - order closing mode:
    • Pips - in pips.
    • Money - in deposit currency.
    • Percent - in balance %.
  • TrailingStop - trailing stop distance.
  • TrailingStep - trailing step.
  • MagicNumber - magic number, -1 - work with all orders.
  • ShowInformation - information output method:
    • Symbol - output data on the symbol the EA is running on.
    • Account - general statistics on the trade account.

All my products: link

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⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!! 🏃   🏃   🏃 Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $125 (next price --> $149  --> $199) This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 The User's manual:   here   📢   Telegram:   https://t.me/   INFINITY_PRO_ED   📈  Real account signals:     here 🔥🔥🔥   Promo "Buy one Get one free  
125 USD
Stenvall Invest
Gennady Sergienko
default settings:     EURUSD M5 email:                    lleonea.com@gmail.com telegram for pm:    @leontolstoy This is a fully automatic trading robot that does not require the intervention of a trader is divided into control blocks that contain more than 70 smart functions for controlling the trading process. ✔ How is Stenvall Invest better than others ? ☑ We do not use a beautiful word with pictures, Stenvall Invest is really a technological robot that has a complex code. Read about
1 299 USD
Spider Crazy Pro
Michela Russo
Spider Crazy Pro is at discount Price only Today, at 50% of the Original Price! Buy Now! Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not
145 USD
Billion Idea
Dhanaraj
  💎 💎 💎 💎 💎 Welcome To Billion Idea (BI) Expert Advisor (Trading Robot) 💎 💎 💎 💎 💎 EXTENDED HOLIDAYS OFFER PRICE $ 99 (ONLY 4 COPIES LEFT)  Billion Idea (BI)  EA is a Safe Scalper System   for Trading on Forex. Exclusively developed for GBPUSD Pair . BackTest Now !   The EA enters the market with certain unique conditions. The EA is based on Unique Strategies, and NOT Uses MARTINGALE, GRID and other Dangerous Strategies . All Deals are covered with Tight Stop Loss and Optimized Take Pr
99 USD
Golden Ticket
Ramil Minniakhmetov
  Golden Ticket   works on the WPR indicator - which allows you to determine the oversold and overbought conditions of an asset and enters at possible reversal points. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Recommendations Recommend pairs EURUSD  Time Frame  M15  Recommend deposit  1000 usd or 1000 cents  Recommend settings   Default settings XAUUSD here Inputs Value New Cycle  —   whe
69 USD
GerFX Density Scalper
Exler Consulting GmbH
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Gold Butterfly Scalper Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5
145 USD
Pinpoint EA
Ryan Brown
The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! INPORTANT! The Pinpoint trades on the GBPUSD and EURUSD M15 timeframe ONLY! Makes sure and change the settings according to the EURUSD photo when trading the EURUS
347 USD
Falcon Scalper Pro
Michela Russo
Falcon Scalper Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades in all session.   Backtest Now! Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Bee Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   or email ! The E
295 USD
Gold Butterfly Scalper Pro
Michela Russo
Gold Butterfly Scalper Pro is a trading robot  for the trading on GOLD . This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit -> Ratio 1:1 . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Turtle Scalper Pro ! (or another with same value, All future updates included) -> T
299 USD
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