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Tradonator nextGen

The Tradonator® nextGen!

  • trades not primarily on indicators or prices, but at the beginning of every new candle (controlled by Timeframe).
  • determines the trading direction due to the integrated indicator, which can measure trend and volatility.
  • creates a Sell- and a Buypool and manages them isolated.
  • calculates with every trade for each of the pools a previously defined profit target and closes the pool only with a total profit once this goal has been achieved.
  • basically works with any currency pair, any broker and in any timeframe. Theoretically, you could also trade indexes or commodities, if there would be no rollover.

The basic strategy is not trying to predict the market, but to use the back and forth and to be predominantly in the right direction on the road. It inevitably always an accompanying book loss, that could (and should) be controlled via the used lot size.

Keep it easy:

Trade a major forex pair on H1 timeframe with a minimum equity of 4000 $ and all will be fine! (alternatively on a cent account with 40000 cent)

The basic settings (for H1) stipulate the use of a risk lock down mode, which will effectively prevent to trade with too high lotsizes, in too short time frames or within too small ranges. This mode needs 4000 $ free equity per 0.01 lot, the H1 timeframe and a range from minimum 15 pips. You can switch it off, but you pay with a higher risk!

I recommend to keep RiskLockDown on true, at least until your look on the functioning of the Expert is clear!

  • The activity of the Expert can be individually controlled by the parameters TradingRangePoints and VolatilityMeasure.
  • By using the multi-chart strategy you can start aggressively in short time frames and automatically change to longer time frames and moderate settings while unfavorable course of trading.
  • The Expert can hide take profits from the Broker and manage them alone.
  • The Expert can automatically open a matching hedge position to neutralize the account.
  • The Expert can automatically start a Tradeout before the week end.

The Tradonator® nextGen! has shown stable results on live accounts for over 5 years now. More detailed information on my website or my youtube channel.

Key Settings

  • RiskLockDown=true - enforces moderate risk (0.01 Lot per 4000 Equity in a Range >= 15 in H1 Timeframe)
  • LotsFix=0.01 - max. 0.01 per 3000 Equity and Pair suggested (only relevant at RiskLockDown = false )
  • InitialTP=15 - takeprofit for the first 2 trades in every pool
  • PoolTargetPoints=15 - desired Takeprofit for the complete pool
  • VirtualProfits=false - takeprofit at the broker, should be allways hidden at timeframes <= M15
  • TrendTimeFrame=60 - timeframe which sends the signal (in minutes)
  • VolaMeasure=true - volatility measure on / off switch
  • TradingRangePoints=15 - range in pips, where is a maximum of 1 trade opened in every direction
  • MaxSpreadPoints=8 - your tolerated spread
  • UseMultiChart=false - multichart on / off switch
  • StartWithTradeCount=0 - this chart starts with trade No. x (in both directions)
  • EndWithTradeCount=5 - and ends with trade No. y (in both directions) - only relevant if UseMultiChart = true
  • UseAutoHedging=false - automatic hedging on / off switch
  • AutoHedgingValue=1000 - absolute ammount you accept as floating before hedging gets active
  • AutoHedgingSL=30 - stoploss hedgeposition in pips
  • HedgeBreakeven=20 - breakeven hedgeposition in pips
  • AutoTradeOut=true - autotradeout on / off switch
  • AutoTradeOutDay=4 - day of autotradeout start in metatrader counting (0= Sunday till 5= Friday, here Thursday)
  • AutoTradeOutHour=12 - time of starting Autotradeout
  • CommentString=nextgen - order comment, (has to be unique per instance and account)
  • CommentStringHedge=nextgenH - order comment hedge order, (has to be unique per instance and account)
Comentarios 2
Frank Paetsch
Frank Paetsch 2018.08.31 06:31 

Tolle Idee, Danke!

Der EA läuft jetzt eine Woche und hat Gewinn gemacht.

Frank B
Frank B 2018.02.03 06:33 


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Bober Lannister  - is fully automated crossplatform (mt5/mt4) EA which was developed as a night scalper. However after numerous researches  it's now possible to run this EA during full day with some traiding instruments. Live settings optimized by using real ticks data. Ea show good performance with gbpusd eurchf audcad audnzd usdcad. Also it's possible to run multi set setup like few sets with one pair at the same time.  Backtest: it's better to download free demo Bober Lannister MT5 to have
900 USD
GerFX Forex Cyborg
Exler Consulting GmbH
Forex Cyborg is a established expert advisor since 2017 on the market. There is a huge number of customers that trust in Forex Cyborg already and now it's newly available here on the MQL Store. Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability.  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) An
650 USD
David Zouein
Theorem EA Analyzes the market and auto determines the entry levels based on the finding of price fluctuations in quiet periods. The direction of the trade is determined by the EA's clever adaptive system. The most powerful part of the EA is the Smart Auto-Close function that has been developed after many years of market experience, it tracks TP/SL breakouts of the open trades and auto-closes them according to market conditions, this means that the TP/SL levels are dynamic and not static. Above
500 USD
Quang Nguyen Dien
ZeryEA is a fully automated Expert Advisor based on scalping when indicated the market makes a fast movement. EA can work with any pairs, but It is recommended for GBP/USD, EUR/USD, EUR/JPY with M1. Expert Advantages NO: Grid, martingale, hedge & arbitrage. YES: Stop loss is always for every orders. LOW: Average position holding time. MIN: Drawdown, initial deposit. Parameters Auto lot enable (true/false): Auto lots calculate on margin account. Risk percent: when enable auto lot. Fix Lot Min
30 000 USD
Vladimir Khlystov
The EA compares two instruments and opens opposite positions when these instruments diverge. Further, when the instruments converge, the EA closes positions on the total profit. The EA works on any instruments. Select couples can be on the table. Advisor enough to put on one pair of bundles. For example, for trading on GBPUSD — EURUSD, it is enough to put the EA on GBPUSD or EURUSD. On the chart, the EA draws both currencies and the bars indicate the distance between them. The parameters of th
800 USD
Stenvall Invest
Gennady Sergienko
ATTENTION!   In 18 months, the EA made 300 trades, also the EA has a New Year filter in the period from December 25 to January 5.   Do not purchase this EA if it does not suit you!     default settings:       EURUSD M5 email:                    info@gogopips.com telegram for pm:    @leontolstoy Are you a trader ? Join our community in telegram  GoGoPips 🚀   This is a fully automatic trading robot that does not require the intervention of a trader is divided into control bloc
2 030 USD
White Shark
Elie Almachaalany
White Shark is a fully automatic Expert Advisor. It can actually outsmart a market by placing BUY and SELL orders when the requirements are met. It uses an advanced technology to place orders in the right time with the right lot. This robot is designed for beginners yet expert traders: Most of the inner parameters are hidden from user so that even a beginner will not mess up. You can download this Ea and back-test. I personally used a 99.9% real tick data for back-testing for an accurate result.
799 USD
MT4 Binary Option EA
Nianfu Li
Function This EA is a signal alarm and automatic trading system on MT4 for binary option. The requirements for the platform: Signal alarm is applicable to all MT4 platforms. (Operation (manual) signals for the MT4 or Web binary option trading.) Automatic trading only applies to the MT4 platform that supports automatic trading the binary options. On such MT4 platform, using automatic trading does not require any BO plug-ins; the binary option can be traded directly as the Forex symbol. Use A. T
588 USD
Rocket Man
Evgenii Golovanets
Price: $699 9 of 10 copies left at this price Next price $799 Recommended broker Rocket Man  is a fully automated expert adviser, which implements convenient features to perform multicurrency trading with the ability to widely diversify trading risks. This Forex robot uses just one deal for trading and always use stop loss and take profit to protect capital! Expert never uses dangerous methods of money management, such as martingale, hedging or arbitrage. Rocket Man complies with FIFO rules.  T
699 USD
Best Time
Aleksandr Nadein
Советник выставляет ордера по времени,для его существует 2 настройки (М,М2).При убыточных сделках срабатывает локирование ордеров,что помогает существенно сократить просадку.Советник адаптирован для работы с малыми депозитами(от 1$ ,если это позволено брокером).Он так же будет интересен ,тем трейдерам которые зарабатывают не только на сделках,но и за счет ребейтов,так как совершает большое количество сделок(в среднем  около 50 в день.  Slippage   = 3;           //  Slippage  Lot        = 0.1;   
2 800 USD
Reward for Effort
Aleksandr Karvas
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 S
3 500 USD
Otros productos de este autor
Tradonator nextGen FREE
Wolfgang Kuebel
The Tradonator® nextGen! FREE trades not primarily on indicators or prices, but at the beginning of every new candle (controlled by Timeframe). determines the trading direction due to the integrated indicator, which can measure trend and volatility. creates a Sell- and a Buypool and manages them isolated. calculates with every trade for each of the pools a previously defined profit target and closes the pool only with a total profit once this goal has been achieved. The basic strategy is not try
Tradonator nextGen Lite
Wolfgang Kuebel
The Lite Version has limitations compared to the full version: 1. RsikLockDown mode with dynamic lot adjustment (moneymanagement) is deactivated and a maximum of 25 trades in each direction are possible at the same time. 2. The comment (works like a magic number) cannot be changed, therefore only one pair per account can be traded at the same time. ALL other functions correspond 1: 1 to the full version, see  https://www.mql5.com/de/market/product/17504
149 USD
Frank B
Frank B 2018.02.03 06:33 


Frank Paetsch
Frank Paetsch 2018.08.31 06:31 

Tolle Idee, Danke!

Der EA läuft jetzt eine Woche und hat Gewinn gemacht.

Respuesta al comentario
Versión 1.7 2020.04.01
-code revision and some new options
-ESMA risk calculation updated
-close all winners button
Versión 1.5 2016.08.30
Changes in Version 1.5:

- some visual embellishments in the notification area on the chart
- option to clean up the chart via button
- visual presentation of Bid and timeframe
- general code optimization