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Zeta EA

Can be used on EVERY instrument. Based on the "Zone Recovery" strategy. Suggested TimeFrame: H1 and H4.


How it works


Zone Recovery is an advanced hedging system. When the market goes against the first trade (based on Bollinger bands) the EA will open an opposite trade with slightly bigger lot size. If the market keeps moving in this new direction, at some point the profit from the profit trade will overtake the loss trade and will close both the trades otherwise will do the opposite. This back and forth hedging strategy can be continued until the market moves to a level which can give profit.


What makes this strategy different

The "zone" is calculated by ATR rather than a fixed value.


What is ATR

ATR is a common indicator used to calculate the average market movement based on X last bars.


Settings

  • Max Trades: max trades allowed in a row.
  • Lot Moltiplicator: this is the lots moltiplicator for the next trade used for the Zone Recovery. Be careful: higher values increases the risk and could end in gambling trades until your account will blow-up. Keep lower values and a small "Max Trades" numbers to reduce the lots used and the risk involved.
  • Profit By Dollars: how many dollars must be gained to close every trades.
  • Loss By Dollars: how many dollars can be lost to close every trades.
  • Close if Max Trades reached: if enabled, once the Max Trades value has been reached all the trades will be closed.
  • BollingerBands Period: the Bollinger Bands indicator period.
  • Max Spread: max spread allowed.
  • Lots to trade: lot to be traded on first trade. Note: if you use round number as LotMoltiplicator so you can start from 0.01, but if you use values like "1.4" then the minimal lot should start from 0.1 for obvious reasons. Lots cannot be traded to the 3rd digit.
  • Max Slippage: max slippage to open the trade.

Note:

Backtests should run when the markets are open. Some values are invoked to the broker which can be closed during the weekend.






































































































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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 $199 (next price --> $249 ) The Set File:/  GOLD_M5.set    For quotes of 3 digits after points set the  Digits number after points parameter =3 This GOLD EAgle is created for the XAUUSD (GOLD). This is a trend strategy that uses the TrendLine PRO indicator and trades on the M1-M15 timeframes The EA has a mo
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Oon Kar Lee
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Breakthrough Strategy
Konstantin Kulikov
This system was developed to work with a large number of sets and after a certain time showed itself well when working at the close of trading on Friday. As a result, this direction of trading has become the main one for working with this expert. There are 25 current sets for different currency pairs, as well as a profile for quick setup   (download in comment #156 ). You can analyze the statistics of the work of an expert for different currency pairs at my signal:  https://www.mql5.com/en/sign
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KonokaSystem
Nobuyoshi Murase
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philippe germain
2338
philippe germain 2018.08.21 22:33 
 

Dangerous ea with martingale.

Soon or later will kill your account.

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