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EA Rx Five MT5

The adviser uses a strategy based on the use of 7 Envelopes indicators, on each timeframe (M5, M15, M30, H1, H4) there are 7 Envelopes indicators. Trading is based on the “Price Action” strategy, the adviser searches for a simultaneous signal on 5 time frames: M5, M15, M30, H1, H4 and then opens an order.

The EA uses the built-in Martingale and Averaging algorithm.

The adviser uses economic news to achieve more accurate signals.

Hidden Take Profit, Break Even and Trailing Stop are used.

Attention! This EA is only for "hedging" accounts.

Requirements and recommendations

  • The EA is attached to only one chart (any of the working pairs) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies.
  • The recommended balance for safe long-term trading (when used on recommended pairs and timeframes) is $ 5000 or $ 50 on a cent account.
  • Leverage from 1:500 and more.
  • Safe trading requires a minimum lot of 0.01. Check your broker to support a minimum lot of 0.01.
  • Required account with Hedging support.
  • Broker Broker with five-digit and three-digit quotes.
  • EA requires a standard VPS server. ( EA does not work on MQL5 VPS )
  • EA requires RAM: 1100 MB.
  • The EA does not work on the account: "JPY","RUB".

For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add    https://ec.forexprostools.comhttps://world-time-zone1.com and click OK.

For the strategy tester: the EA provides integrated data on economic news from 2010.01.01 - 2022.10.01.

You can test the EA on a multi-currency strategy tester and see the full operation of all pairs.

  • Multi_Currency_BackTest - if set to true, a multi-currency tester is used.
When using the multi-currency tester, select the M5 timeframe.

The robot does not require all ticks in history. For quick test, use:

  • Tick simulation methods:
    • M1 OHLC (simulation of 1-minute bars, OHLC prices).
    Pairs and timeframe

    1. EURUSD / M5.
    2. GBPUSD / M5.
    3. GBPJPY / M5.
    4. USDCHF / M5.
    5. USDJPY / M5.
    6. AUDUSD / M5.
    7. GBPAUD / M5.
    8. USDCAD / M5.
    9. GBPCAD / M5.
    10. EURAUD / M5.
    11. EURCAD / M5.
    12. EURGBP / M5.
    13. EURJPY / M5.
    14. GBPCHF / M5.
    15. NZDUSD / M5.
    16. GBPNZD / M5.
    17. EURCHF / M5.
    18. AUDCAD / M5.
    19. NZDCAD / M5.
    20. NZDJPY / M5.
    21. CHFJPY / M5.
    22. CADJPY / M5.
    23. AUDNZD / M5.
    24. EURNZD / M5.


      Parameters

      • EURUSD - true, use EURUSD;
      • ...
      • EURJPY true, use EURJPY;
      • Magic_Start - ID of EA's trades.
      • Magic_Finish - ID of EA's trades.
      • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
      • Custom_Risk - if true, the lot size increases when account balance grows (risk management);
        • User_Balance - user-defined balance;
        • Add_to_User_Balance % - Add to User_Balance for a smooth transition to a new lot.
        • Lot on every - lot size per User_Balance;
        • Fixed_Lot - fixed lot (if Custom_Risk is false);
        • Order Type - trading direction;
        • Order Comment - comments to orders;
        • Slippage - allowed slippage before an order is triggered;
        • Show_Info_Panel - use the information panel (false - faster backtest);
        • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
        • Multi_Currency_BackTest:
          • true - use the multi-currency tester;
          • false - use the current currency and timeframe;
        • Max Spread - maximum allowed spread;
        • Economic news filter:
          • Select http or https - select Protocol to download economic news;
            • http 
            • https 
          • News_update_every_N_minutes - update news every N minutes.
        • Trading within the week:
          • Monday - trade on Monday;
          • ...
          • Friday - trade on Friday.
        • Time trading within a day:
            • Use time - if true, the EA trades by time;
            • GMT setting - GMT settings;
              • GMT Auto ( only for real ) - automatic detection of the GMT shift (not for a tester);
              • GMT Mode - manual setting;
              • GMT_mode - GMT offset of the broker server time (0 - disabled);
            • Every_Day_Start - operation start time (hh:mm);
            • Every_Day_End - operation end time (hh:mm).
          • Time to disable on Friday:
            • Use time - if true, the EA trades by time;
            • Disable_in_Friday - operation end time on Friday (hh:mm).


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          Un asesor experto en múltiples divisas que combina muchas estrategias simples que funcionan simultáneamente. Cada estrategia se basa en un algoritmo comercial simple durante los momentos del mercado con mayor volatilidad. Cada estrategia ha sido optimizada durante los últimos cinco años. El Asesor Experto utiliza el principio estadístico de la "corrección de la multitud": promedia señales de diferentes estrategias y abre posiciones de mercado en la dirección preferida. Este principio, junto con
          Asesor experto en múltiples divisas que trabaja simultáneamente en 15 pares de divisas principales EUR-GBP-AUD-USD-CAD-JPY. El Asesor Experto combina muchas estrategias simples que funcionan simultáneamente. Cada estrategia se basa en un algoritmo simple para abrir posiciones cuando la señal del indicador Parabolic SAR cambia con la confirmación de dos períodos más antiguos. Cada estrategia ha sido optimizada durante los últimos cinco años. El Asesor Experto utiliza el principio estadístico de l
          Red Folder, a news trading expert advisor, positions you to capitalize on unprecedented market movements driven by interest rate fluctuations, inflation spikes, and crucial data releases. Embrace our revolutionary news trade strategy and start making the most of market dynamics. Live Monitor:  https://www.mql5.com/en/signals/2000725 Large Real Account Powerful features of Red Folder new trade EA: Able to backtest and optimise with all news event back to 2008 4 operations modes including trades
          Break Of Structure Pro Is price action king? 1. Price is the ultimate king in the forex market, stock market or any other market. Using price action is the reason we can see more profit over loss. Technical analysis is the art of using data points to your advantage and taking informed decisions while entering, trailing and exiting a position on any timeframe. Break Of Structure Pro can be used to trend trade, scalp, hedge or swing trade. Price action is a trading technique that allows a tra
          El asesor trabaja en doble stachostik y arrastre. El asesor opera simultáneamente con 29 símbolos estándar. Asesor de cuentas de cinco dígitos. Apalancamiento   1:500 Plazo para negociar el primer semestre Atención ! Después de comprar el asesor, escríbeme un mensaje. En mi respuesta, le daré al asesor la configuración de un depósito específico y aprovecharé a su corredor. El símbolo para colocar el asesor es cualquiera de los estándar. Estadísticas de una cuenta real:   https://www.mql
          Expert advisor trades by pivot levels, support and resistance levels based on pivot levels. Also expert advisor takes into account volatility filter, uses standard Martingale and anti-Martingale systems, drawdown protection, standard trailing stop, trading time and trading Trade Order   – direction of trading (only buy, only sell or buy and sell) Use Volatility Filter   – enabling/disabling of volatility filter using Volatility Filter   – value of volatility filter Count Of Days For Volatility F
          Komo MT5
          John Folly Akwetey
          Expert advisor places buy stop and sell stop at certain distance above and below current price. Also expert advisor uses standard trailing stop, breakeven of orders. Below is description of some inputs. Trade   – option of moment for placing of orders (“Time” – placing of orders at certain time, “Candle” – placing of orders since certain candles count after last order closing or deleting) Candle   – candles count after last order closing or deleting Time 1,2,3   – time for placing of orders Lot
          About: Imagine a trading revolution where scams and empty promises become a thing of the past. Prepare to embark on a journey to   financial prosperity   with The Retirement Achiever, the unparalleled trading solution that will leave you in awe. While others may have left you disenchanted, this expert advisor is the real deal, surpassing all expectations. With a rock-solid foundation of   trust and reliability ,   The Retirement Achiever  can deliver consistent and impressive results that will
          Our automated forex trading system offers three key risk control functions that make it an intriguing choice: 1. Fixed Lot : You can specify the lot size for each trade. This feature allows for efficient capital allocation and the ability to adjust position sizes based on your risk preferences and market conditions. 2. Fixed Loss per Trade: The system enables you to set a maximum acceptable loss per order. This ensures that no single trade can result in significant losses, protecting your o
          Forex trading advisor   EASY SCALPING   is an automatic scalping system that opens and closes deals using a special tick analysis algorithm programmed in the code without human intervention. The main task of the ego is to instantly make a deal where a person loses time for analysis and decision making. They also automate trading, removing the emotional burden from a person and allowing you to save time. Scalping is one of the varieties of short-term strategies, moreover, the shortest of them. U
          Entry: The  EA is an expert advisor for scalping and averaging in on the M5 chart of XAUUSD. This powerful tool continuously scans the market, identifying high-quality trading setups based on specific trading hours / trading sessions. The entry model is a collaboration of both candlestick patterns and indicators. Management: Through extensive testing and a 5 year Dukascopy data optimization, the EA has shown an impressive strike rate of 100%. In the rare event that a trade goes against us, t
          ///// Forex Bulls EURUSD  ////// An expert based on     =    EURUSD   ,GBPUSD , AUDCAD, NZDCAD, AUDNZD  Time frame    =   15    Live Signal 1 =  Live Signal 2 =    Live Signal 3 =    https://www.mql5.com/en/signals/2120929 it is a fully automated “pullback” trading system,                                                                                                                         which is especially effective in trading on popular “pullback” currency pair :        EURUS
          egold24 Algo outperforms the competition, delivering unmatched accuracy rates of 80% Accuracy in the bullion trading market. Experience the power of fully automated trading without manual intervention. The eGold24 Algo MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing .  eGold Algo and works perfectly with the XAUUSD, GOLD, XAUEUR pairs.eGold Robot has been created for all traders who like to Trade in Gold and includes additional a functi
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          The initial price is 89 USD, the future price is 200 USD Trading is carried out by market orders from important price levels, which are determined by an advanced adaptive algorithm  EA . the Algorithm allows you to determine the dynamic levels of price changes, which gives the EA the ability to quickly find entry points. The EA determines the short-term trend and opens a position with a subsequent partial closure, the average position is open for several hours. The EA trades many major curre
          Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arbi
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          Ruslan Pishun
          5 (1)
          The EA Gideon is an Expert Advisor that trades ON NEWS and ON EVENTS that have a strong influence on the market, but do not occur regularly! That is the EA opens Sell Stop and Buy Stop pending orders in case of a sudden price change in any direction and closes them automatically with the profit that you wish. And we all know how often the price changes when a "successful" news appears, how far it can go up or down. Also, this robot protects your deposit by placing SL with customizable parameters
          Chappie is a smart adaptable robot, Chappie trades based on multiple trading systems using pending orders, the robot manipulates the pending orders, following the price movement of the market and calculates the price movement for the most accurate market entry. Basic EA settings are calculated for EURUSD. Over 1000 tests have been performed on real and history data with 99.9% quality. Chappie is a result of a long term development. The main idea is to preserve capital through unexpected fluctuat
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          Ruslan Pishun
          2.83 (12)
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          The indicator automatically draws Wolfe waves. The indicator uses Wolfe waves found in three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade. Recommended timeframe: М1. Indicator features Amazingly easy to trade. The indicator is able to recognize all the patterns of Wolfe waves in the specified period interval. It is a check of potential points 1,2,3,4,5 on every top, not only the tops of the zigzag. Finds the
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          Versión 4.56 2020.04.27
          Changed the time download site to configure Auto GMT.

          For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add

          https://ec.forexprostools.com
          https://world-time-zone1.com

          and click OK.
          Versión 4.55 2019.11.27
          Fixed minor bugs.
          Versión 4.54 2019.11.15
          Fixed the function of closing orders.