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Money Heist MT4

4

Money Heist is a dollar cost averaging robot simple to use and understand, good for beginners but not only.

The robot uses the last closed candle to decide if to open a buy or sell. If the transaction works in your favour it will be closed at the chosen TP. If goes the wrong direction it will open new orders at the chosen step in order to average the entry price and take the profit in the next correction.

If bidirectional is true the robot will open a buy and a sell and manage both of them independently. This is useful for 2 cases: In a market crash one direction will stop but the other will continue to bring you profit. I also recommend this for short periods of time in M1 chart and aggressive settings when the market is more stable, it can produce huge profits but also loses.

In case of a restart the robot will continue to work where it left off because it analyses the trades from the chart instead saving them internally. 

Works in any chart but I recommend H1 with some safe settings.


How to use:

1. Chose a pair with low spread like EURUSD

2. Open the MoneyHeist settings and chose some ranges for the Lots multiplier (1-2), Take Profit(10-300), and Step(10-300)

3. In the tester chose the model 'open prices only' because it is much faster and the orders are open on new candles anyway

4. In the tester check the optimization box and start simulations

5. Sort the results by profit or drawdown and chose a combination that pleases you then continue to test it to make sure it gives the right results


Parameters:


Enable new orders after TP - This is how to stop the robot from opening new orders after taking the profit.

Enable buys - Stop opening buy orders. If stopped by SL this is ignored.

Enable sells - Stop opening sell orders. If stopped by SL this is ignored.

Bidirectional orders - Open concomitant buys and sells that work independently from each other.

First order (Lots) - The volume of the first 2 orders of a sequence.

Lots multiplier - Multiply the last order volume with this constant at each Step.

Take profit (Pips) - Where to take the profit.

Step between orders (Pips) - The minimum pips needed to open new orders. Orders are open at candle close so the pips may vary.

Stop loss (Pips from first order) - If one direction is stopped the other one will continue to work. To reset this the EA needs to be restarted.

Bounce from RSI - If candle closes on green when RSI is over 70, the robot will open a sell instead buy. Works only if bidirectional is off.

RSI delta - Amount added to 70 and 30.

Magic number - Identifies MoneyHeist orders.

Mix with manual orders - This will ignore the magic number and will average the price of all open orders. If you manually open the first order it will continue to average it.



Comentarios 1
Xander John
63
Xander John 2022.10.07 22:30 
 

Its a great simple bot! Easy to optimise! I would give it a 5 if it can compound. Overall its an awesome EA.

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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
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
Luna AI PRO
Profalgo Limited
4.5 (2)
Promoción de lanzamiento: Solo 1 copias disponibles a 399$ Precio final: 2000$ Solo se venderá un número limitado de copias de este EA. Libere el poder de la inteligencia artificial y lleve sus operaciones a alturas sin precedentes con   Luna AI Pro EA   , el robot de operaciones "media inversa" más avanzado del mercado. Diseñado para atender tanto a operadores experimentados como a principiantes, este sistema de vanguardia impulsado por IA está equipado con una amplia gama de funciones para
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
Bonnitta EA
Ugochukwu Mobi
3.6 (20)
Bonnitta EA   se basa en la estrategia de posición pendiente (   PPS   ) y un algoritmo de negociación secreto muy avanzado. La estrategia de   Bonnitta EA   es una combinación de un indicador personalizado secreto, líneas de tendencia, niveles de soporte y resistencia (   acción del precio   ) y el algoritmo comercial secreto más importante mencionado anteriormente. NO COMPRE UN EA SIN NINGUNA PRUEBA CON DINERO REAL DE MÁS DE 3 MESES, ME TOMÓ MÁS DE 100 SEMANAS (MÁS DE 2 AÑOS) PARA PROBAR BONN
SSX Titan TT MT4
Artem Minchuk
2.55 (11)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
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Xander John
63
Xander John 2022.10.07 22:30 
 

Its a great simple bot! Easy to optimise! I would give it a 5 if it can compound. Overall its an awesome EA.

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