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Multiday Overlay Strategy

With the Multiday Overlay Strategy EA you can trade in parallel all major/minor/cross pairs in Forex.

This EA is rather unique, as it is capable to "follow the market", this means:

  • no optimization is needed;
  • the same set of input parameters is good for all pairs;
  • you do not need to change the input parameters even if market conditions change.

This 3 features mean that the EA is not "manually adapted" to a specific pair in a specific timeframe, as it normally happens when you optimize a pair with MT4 in a past period with the Strategy Tester.

The EA is based on a complex theory, important to understand is the concept of Overlay in a specific Timeframe (e.g. 5, 10 or 15 days), that is an envelope of prices in the last days, and helps understanding where the value is and if the value is stable or not.

Testing on all pairs in 15 months with lot=0.6 the result is:

  • profit 210%
  • % win 75%
  • DD below 10%

You can check general/detailed results in screenshots; normally positions are opened for many days.

Important: when backtesting, ONLY use M1 timeframe, it is mandatory. If the testing is too slow, you can use "open prices only". You need at least 2 years of data with M1 and M30 timeframes.

In order to run on a real or demo account, just attach to only one chart. You can adjust the refresh rate input parameter (recommended value=5, see below) and lot size.

Input parameters

The EA has already default input parameters tested for good performance, you only need to adjust lot size and data refresh rate.

  • "bars M30 for base Overlay": defines a "shorter" Overlay; this is an integer number (1= 30 mins). For instance, 240 is a 5 days Overlay. Recommended value between 240 and 330.
  • "number of bars multiplicator for long Overlay": defines a "longer" Overlay, calculated as the "shorter" Overlay length multiplied for this real number. Recommended value between 2 and 3.
  • "lot size": lot size. Recommended 0.6 for each 10000 USD in account. Recommended minimum lot is 0.05.
  • "Magic": Magic Number.
  • "minutes in wait after breakout": a virtual order becomes a real order only if price keeps higher than virtual order level for this number of minutes.
  • "multiplies Stop Loss to obtain Take Profit": Take Profit level is equal to Stop loss level multiplied for this real number (Stop loss is calculated by the EA).
  • "multiplies Take Profit to obtain Trailing Stop": Trailing Stop is equal to Take Profit level multiplied for this real number.
  • "multiplies Trailing Stop to obtain Trailing Step": Trailing Step is equal to Trailing Stop level multiplied for this real number.
  • "days in wait before cancelling a virtual order": a virtual order will be cancelled after this number of days (integer).
  • "use Close as an exit condition": an order will be closed if price activity is above threshold and price is above Trailing level.
  • "rate in minutes for data refresh": all internal data are recalculated every "rate" minutes. When testing, recommended 180 or higher, depending on machine resources. It can be lower on real accounts (recommended: 5).
  • "days in wait before closing an order": if an open order has a profit >0 but is lower than trailing level, after this number of days will be closed.
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Many target expert. The issue of choosing a target is solved - the direction of price movement. Locking and hedging is the main principle of this advisor. According to the law of harmonic oscillations, the price always returns to its original position sooner or later, and the forex market is no exception. Balancing simultaneously multi-directional orders, the expert captures profits at the market reversals, the more volatility, the more profit you can take on the market. But you should always re
6 000 USD
Vitaliy Kashcheev
2 (1)
We present you NeuroIntelligence Advisor . Advisor is recommended to use on TimeFrames (M1) and with Spread less than 13 pips. Recommended pairs for trading EURUSD, GPBUSD, USDCAD, AUDUSD, USDJPY. Options Risk-  This parameter means - what risk will be involved in the transaction ( Low Risk - 3% / Mediam Risk - 10% / Deposit Overclocking - 15% ). Orders Magic Number - This parameter means what the Magic Number of open orders will be. FullRisk  - This parameter increases StopLoss many times, but
3 000 USD
Qiuqing Zeng
3 (2)
RocketRise EA  Key Advantages Congratulations on China's new type of coronary pneumonia being controlled, 50% off from March 1st to March 15th, 2020. The EA is  the symbiosis of trading algorithms. Designed for trading major currency pairs,It implements a simple and universal trading strategy which can be applied to any instrument. 1.Fully automated trading 24/5. 2.Can handle deposits of any size. 3.Always use stop loss risk. 4.Use tracking to stop chasing profits. 5.Ability to set the time of
4 900 USD
EL VIAJE A LA PLAYA EA Este EA está diseñado para operadores serios que se vuelven demasiado serios y necesitan relajarse y aún tener algunos intercambios decentes, la configuración es muy simple y funciona en cualquier gráfico El robot escaneará continuamente en gráficos de 1 minuto, 5 minutos y 15 minutos. VEA la Guía del probador de estrategias para saber si los datos de su historial son lo suficientemente válidos. El EA no se optimiza en ninguna moneda única, por lo que la adm
6 000 USD
Apart from the view of violent positions, this EA focuses on stable profits Applicable varieties: AUDUSD, USDCHF, NZDUSD, USDJPY and other currencies with relatively stable trend This EA provides chart parameters and quick close position buttons. The table text is spelled in Chinese and Pinyin, which is more convenient for Chinese people to watch. You can understand the meaning of variables simply by spelling. The account should keep more than 3000 yuan. If it is less than 3000, please chan
6 000 USD
Vladislav Filippov
1 (1)
For the expert to work correctly, do not forget to upload the files to the directory of the agreement (... AppData \ Roaming \ MetaQuotes \ Terminal \ Common \ Files) Alfascal is a new model of a fully automated trading neuro-system, working on short timeframes. This system, which is based on a specialized neural network, is able to provide continuous training, transform the chaotic realities of the market into a specific system that can improve the quality of open transactions and absorb mos
5 000 USD
A raíz de la industria de IA, hay muchas opiniones de que los humanos serán reemplazados por algoritmos, Algunas personas temen que el trabajo sea reemplazado por robots. mientras que algunas personas creen que los robots realmente pueden hacer un mejor trabajo (si no perfecto) que las personas. "Solo unos pocos se dieron cuenta de que es una combinación de la creatividad y perspicacia de los humanos y la disciplina e incansabilidad de la IA. eso realmente sobresaldrá ". -Cita de So
6 000 USD
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