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The Forex Exchanger MT5

5

All explainations about the strategy: https://www.mql5.com/en/blogs/post/747470

Live signals: 

Here I will explain only the EA inputs part.

This EA will be consistently updated with new and unpredictable things that can bring its performance to a better level every day!

Buying this EA you will not only got a powerful automatic trading system, but also all knowledge and experience I've put on it over years.



Input parameter

Description
GLOBAL  
Magic number ID number of trades opened by EA. (Be sure of not having other EA on the account using the same magic number!)
Symbols custom  It can be entered custom symbols to be traded, by default all 28 pairs of forex will be traded but here it's possible to enter for example EURUSD,GBPUSD for trading only these 2 symbols.
Separator is comma, empty field means to trade all 28 forex pairs.
Symbols prefix The prefix (if any) used by your broker. For example if your forex symbol name is .EURUSD here you will put .
Symbols suffix The suffix (if any) used by your broker. For example if your forex symbol name is EURUSDx here you will put x
Symbols stop main Symbols that need to be not traded again (it still remain possible for EA to add trades on already opened symbols! It can also be a currency name like EUR to stop all EUR symbols)
Symbols stop grid Symbols for which you don't want more trades to be added. (It can also be a currency name like EUR to stop all EUR symbols)
Symbols custom TP updates Used for overriding TP of a specific symbol, examples:
"EURUSD:100" it means that for EURUSD TP will be always be 100 points more than average price.
"EURUSD:0" means to never change TP of EURUSD again.
Leaved empty means to leave EA to automatically adjust TP.

It's possible to override multiple symbols entering like this "EURUSD:100,GBPUSD:200"
STRATEGY  
Money to consider  It's possible for the EA to choose lots automatically based on Balance or Equity.
Risk factor  The wanted risk factor (remember to double check on chart informations for the lot size that will be opened!)
Entry Entry strategy.
OBOS sensibility Sensibility of the strategy about OBOS.
Low timeframe sensibility Sensibility of low timeframes filters to happens among with the main signal: in order to improoving accuracy.
High timeframe sensibility Sensibility of highest timeframes (like weekly and monthly) for catching market in good probability setups.
Grid entry Strategy rule set used by the EA for adding trades on existing baskets.
Grid sensibility  Sensibility of how and how many additional trades open.
Target factor Factor of how "aggressive" the EA need to be into calculating its targets/TP.
Start threshold Value more than 1 increase the sensibility of the trade opening, making the EA to virtually track its own operations and entering into the market later and at a better price. (Very powerful for making the EA working on situations that can be called "excess of excess", improoving certainly the risk/return ratio.)
Stop threshold Value 0 means to never forcely close trades.
Value like 3 means that as soon as 3rd trade should be opened on a specific symbol, instead of opening it, all opened trades are closed. (It can act like a forced but dynamic stop loss).
Max trades / currency main (0=no limit) Value more than 0, like 5, means for the EA to not open a trade on a new symbol if there are already 5 or more trades already opened on the same currency and direction. (Ex,if it should be opened a BUY EURUSD but there are already 5 (or more) BUY trades on EUR pairs or 5 (or more) SELL trades on USD pairs it will not be opened.

(A BUY EURUSD trade is a trade BUY for EUR and SELL for USD, oppositely SELL EURUSD it's a SELL trade for EUR and BUY for USD).

NOTE. This is only for NEW trades on symbols that are not already traded.
Max trades / currency all  (0=no limit) Same filter as the previous, but in this case it's a global limit that will be checked also when adding trades to existing baskets.
Hard stop loss % Value 0 means disabled, value like 10 means to close all trades as soon as all opened trades are at -10% of global profit (it can be used for capping potential drawdown to a specific % value: really useful when using it with prop firms like FTMO and others).



Comentarios 9
Hass81
177
Hass81 2024.03.09 00:30 
 

Been using the EA for a few weeks now, results are very good. Also the Author is very quick to respond to questions.

600fs
41
600fs 2024.01.03 11:25 
 

I bought this ea on the 18.11.2023 and today is the 03.01.2024 and it already payed for itself. What else can I say? If you want a reliable EA that's working im real market conditions. - The Forex Exchenger is the one you should go for.

contiforex2
42
contiforex2 2023.08.31 12:14 
 

L'EA si distingue per la sua capacità di generare profitti in modo coerente nel tempo. La sua performance positiva è il risultato di un'approfondita comprensione dei mercati finanziari e delle strategie di trading da parte del suo creatore. La componente di supporto è altrettanto impressionante. Il programmatore offre un supporto tempestivo e accurato agli utenti. La prontezza nel risolvere le domande degli utenti e affrontare eventuali problematiche contribuisce significativamente all'esperienza complessiva degli utenti. Un aspetto notevole è la disponibilità del programmatore ad accogliere suggerimenti per migliorare ulteriormente l'EA. Questo dimostra un impegno costante nell'adattare l'EA alle esigenze del mercato e nell'offrire un prodotto sempre più raffinato. In conclusione, "The Forex Exchanger MT5" è un EA che si distingue per la sua redditività comprovata e il supporto affidabile. La combinazione di queste caratteristiche lo rende una scelta promettente per i trader interessati al trading algoritmico.

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Consulta los resultados en vivo aquí: Señal personal de $50K: [Haz clic aquí] Versión de MT4 aquí: [Haz clic aquí] Bienvenido a Quantum Algo Trading MT5 EA . Este EA está diseñado para ser más que un simple sistema mecánico; será tu compañero en tu viaje de trading a lo largo de tu vida. El EA utiliza un sistema de ruptura con un algoritmo optimizado por alguien con más de 13 años de experiencia en trading y programación. A diferencia de otros EAs en el mercado que se basan únicamente e
Bienvenido a Diamond Scalping Forex PROMOCIÓN DE LANZAMIENTO ¡Solo quedan 2 copias al precio actual!  Próximo precio: $1993.99   El EA utiliza una estrategia basada al 100% en la acción del precio, con técnicas adicionales como ruptura, retroceso y ruptura fallida, para encontrar entradas con la tasa de ganancia más alta. El EA siempre establece un Stop Loss (SL) fijo para cada operación. El EA NO utiliza estrategias riesgosas como Martingala o Grid, asegurando la seguridad de la cuenta.
Fully automatic Advisor Portfolio for   XAUUSD (Gold)  MT5 . Timeframe   h1   - all basic strategies; Timeframe   m30   - additional strategies. I use this Advisor in my Portfolio on a prop company. I also use it in my Portfolio here I created the Advisor entirely for myself for trading on large accounts, from $60,000 and up. The Advisor is a giant ready-made portfolio that contains all profitable trading strategies specifically for Gold. Advisor trading principle: In some plann
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Carilas Alpha   is a highly effective automated trading assistant focused on trend trading in the Forex market. Trading Forex requires a significant investment of time, effort and experience. With trading bots, traders can automate their strategies and take advantage of market trends without having to spend a lot of time on analysis. Carilas Alpha is especially useful for trading highly volatile currency pairs or during periods of high market activity. What is Carilas Alpha? This is a tradi
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Atención: ¡Solo para cuentas de cobertura de Pepperstone! De:10.000 USD Por:2500 USD    Proximo Preço:10.500 USD Este experto es un operador experimentado en el activo de Wall Street US30, que tiene un método de operación muy bien definido y estrategias específicas para gestionar el riesgo y maximizar las ganancias. Utiliza filtros de spread para encontrar las mejores oportunidades de entrada y salida del mercado, así como filtros horarios para evitar operar en momentos de mayor volatilid
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Forex Meter Oscillator is an indicator that can give a whole view of forex market from a single chart, measuring currency strenghts among 28 forex pairs (majors and minors). The "oscillator" word is very meaningful: it normalizes currency strenghts in order to provide values in a predefined range (from -1 to 1). What are normalization's advantages? It's so simple, values will always be in a pre-defined range that reflect exactly the current value compared to the last N values. In this way you
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5 (1)
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Filtro:
Hass81
177
Hass81 2024.03.09 00:30 
 

Been using the EA for a few weeks now, results are very good. Also the Author is very quick to respond to questions.

600fs
41
600fs 2024.01.03 11:25 
 

I bought this ea on the 18.11.2023 and today is the 03.01.2024 and it already payed for itself. What else can I say? If you want a reliable EA that's working im real market conditions. - The Forex Exchenger is the one you should go for.

contiforex2
42
contiforex2 2023.08.31 12:14 
 

L'EA si distingue per la sua capacità di generare profitti in modo coerente nel tempo. La sua performance positiva è il risultato di un'approfondita comprensione dei mercati finanziari e delle strategie di trading da parte del suo creatore. La componente di supporto è altrettanto impressionante. Il programmatore offre un supporto tempestivo e accurato agli utenti. La prontezza nel risolvere le domande degli utenti e affrontare eventuali problematiche contribuisce significativamente all'esperienza complessiva degli utenti. Un aspetto notevole è la disponibilità del programmatore ad accogliere suggerimenti per migliorare ulteriormente l'EA. Questo dimostra un impegno costante nell'adattare l'EA alle esigenze del mercato e nell'offrire un prodotto sempre più raffinato. In conclusione, "The Forex Exchanger MT5" è un EA che si distingue per la sua redditività comprovata e il supporto affidabile. La combinazione di queste caratteristiche lo rende una scelta promettente per i trader interessati al trading algoritmico.

Jou
1353
Jou 2023.03.10 16:16 
 

It's perfect for anyone looking to up their Forex trading game. The strategy is simple but effective: buy low and sell high. And it gets better, the expert waits for a good strength of price pushing in the entry direction before taking it, making the entries more accurate. Plus, it's smart enough to manage drawdowns by averaging the price. It deserves a 5 star rating for sure!

a121el1e
233
a121el1e 2023.01.10 02:33 
 

Running this EA for few month and the result is great so far.

Maurizio Francia
279
Maurizio Francia 2022.11.04 11:47 
 

El usuario no ha dejado ningún comentario para su valoración

EakasitL
296
EakasitL 2022.07.01 19:36 
 

Although I've used the EA for only a short period of time, I believe it has some good potential. So far I'm in the green with the EA. The author is an honest guy and clearly knows what he's doing. I sent him a lot of questions, and he always responded with detailed explanations in a timely manner. I highly recommend this EA.

nh95
19
nh95 2022.05.21 16:04 
 

El usuario no ha dejado ningún comentario para su valoración

Emanuele Di Miceli
125
Emanuele Di Miceli 2022.05.13 03:29 
 

El usuario no ha dejado ningún comentario para su valoración

Respuesta al comentario
Versión 1.44 2023.07.15
- Added possibility to choose fixed lot size (by default it's set to 0=use risk factor, as before)
Versión 1.43 2023.06.22
- Added EA icon
- Added possibility to run the EA only on "current symbol": the symbol of the chart. Just put "current" into "Symbols custom" input.
Versión 1.42 2022.11.21
Various bugfixes
Versión 1.41 2022.10.04
Important bugfix on SymbolSelect for all symbols used during OnInit.
Versión 1.40 2022.09.30
Added 'Risk real' for shaping lot sizes differently among all symbols
Bugfixes on 'Grid scalping' and added 'Start trade'
Versión 1.32 2022.09.23
Various bugfixes
Versión 1.31 2022.09.13
Visual bug fix on Chart information
Versión 1.3 2022.09.07
- Added 'Grid modular' and 'Grid scalping': both these functions increase the numbers of trade thanks to more sensibility of the EA near the averaging levels.
Versión 1.2 2022.06.27
- Risk factor: Changed to a floating number in order to make it better customizable.

- Added main signal "SM" and removed "Pull" (that were previously just coded as input but not in the rules)

- Added "Disabled" option into OBOS sentibility variable: this is for "voiding" all OBOS rules checked. (it will means to have a lot of more trades, but of course, less accurate.)

- Added "Low timeframe sensibility": used for checking on low timeframes if the main signal happens in accordance with some additional filters in order to improoving accuracy.

- Added "High timeframe sensibility": used for checking on highest timeframes (like weekly and monthly) if market is in a good probability setup.

- Added "Grid entry": for choosing the rule set used by the EA for adding trades on existing baskets.
Versión 1.1 2022.05.12
Default variables assignments