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Follow the Sharks EA

This is a multi-currency EA, suggested timeframes: H4 and Daily.


Type of trading

  • This is intended to works as a Multi-Currency EA.
  • You can attach it to many charts you'd like to monitor simultaneously.
  • Make sense to use it when there is a correlation between the pairs or other instruments selected.


Strategy explanation

  • It has been said that one of the best trading strategy is to watch at who actually moves the market (large traders, banks etc.) and copy them. Someone ironically says to "follow the big sharks" moves into the market.
  • With this EA, we will launch a "bait"...a small order that will trigger a bigger order onto another chart that moves with the same intensity as a confirmation. In this way will take advantage of the correlations between all the markets!


How should be used

  1. You should attach this EA to the majors Forex pairs charts or any other financial instrument and wait that the price will breakout (calculated with an internal indicator).
  2. Once the first pair will launch the bait with a small order (like 0.01 lots), all the other EA's attached we will keep monitored this order and wait for another breakout to go fishing within a time window set previously.
  3. With the second breakout, they will try to catch a big fish with a bigger order (like 0.1 lots).


Functions

  • Bait Lots: the lots used for the 1st trade, which we will call "Bait".
  • Fishing Lots Multiplier: the "Bait Lots" multiplied by this value. This lots will be used for the 2nd trade, which will be called "Fishing".
  • General ATR Multiplier: this is the main ATR indicator value used to calculate the Stop levels. Value 1 = original value. Value 2 = doubled. Value 0.5 = divided in half, etc.
  • Max mins wait to go fishing: how long should we wait for the 2nd trade.
  • Max mins to keep the bait: time windows where the 2nd trade can be opened after the 1st trade has been placed.
  • Max mins to keep fishing: how long should we keep the orders opened.


Note

  • Money management will be fixed only because of the nature of this EA. Auto lot sizing can be useful while only a single EA runs on the same account but multiple EA's can conflict each other while calculating the free margin available, especially in this case where every pair will have a different tick value and needs to be calculated manually by the trader.
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Live signal : TrendMaster FX The MT4 version : TrendMaster FX MT4   El EA actualmente funciona bien y se está iniciando el plan de aumento de precio. La próxima fase tendrá un precio de $838. Por cada 10 copias vendidas, el precio aumentará en $100. Pares de divisas recomendados: GBP/USD (GBPUSD) USD/CAD (USDCAD) EUR/USD (EURUSD) AUD/USD (AUDUSD) USD/CHF (USDCHF) Nota Especial :   Currently recommended :GBPUSD, AUDUSD, EURUSD Configuración de riesgo: Para los comerciantes agresivos, el riesgo m
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Marzena Maria Szmit
4.6 (20)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databas
ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time! ET9  for MT4 Updated 3.50 !!   Important update:    Enable automatic closing of profits. Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4 is a powerful automated trading program with a 9-in-1 trading strategy for gold (XAUUSD) and  GBPUS
Index Scalping Pro es un Asesor Experto (EA) de trading de índices . ¿Qué nos diferencia de otros? Este EA utiliza 3 estrategias de trading reales . A diferencia de muchos EAs que han llenado sus sistemas con sistemas de cuadrícula llamativos pero riesgosos y sus propios sistemas de martingala (a menudo disfrazados de "red neuronal/inteligencia artificial/aprendizaje automático" y manipulados en pruebas para lograr mayores ventas), Index Scalping Pro se basa en un enfoque simple. Utiliza una es
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Mansour Babasafary
4.71 (14)
3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can use 3 experts at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term The price will increase by 100$ after every 10 p
No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
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Miguel Jimenez Cordero
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Miguel Jimenez Cordero 2021.03.30 07:56 
 

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