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CadenceFX MT5

3.67
Key Features:
  • Dual Indicator Strategy: The EA utilizes Bollinger Bands and Stochastic Oscillator to identify reversal points, ensuring precise entry and exit signals for profitable trades.
  • Trend Filtering System: CadenceFX incorporates a trend filtering system to prevent trading in strong trend conditions, enhancing trading accuracy and reducing potential losses.
  • Patience in Trading: The EA waits for the market to retrace before entering trades, ensuring a strategic approach to trade execution.
  • Dynamic Lot Sizing: Automatically adjusts the lot size based on the current account balance, optimizing risk management and capital preservation.


MT4 Version: Click Here


Backtest Details:

  • Modelling Quality: 100% Real Ticks History Quality
  • Spread: Variable
  • Time Period: 2010 – 2023.10
  • Symbol: USDCAD
  • Timeframe: M15
  • Dynamic Lot: Automatically adjusts the lot size based on the current balance.

*Backtests should be conducted with Tick Data Suite GMT+2 with US DST. This GMT offset is widely used by most brokers.


Settings:
  • Risk Management: Customize the level of risk according to your trading preferences.
  • Take Profit for Initial Trade: Set the take profit level in pips for the initial trade.
  • Take Profit for Pips as Position: Specify the average profit in pips to aim for when opening multiple orders (2-3 orders).
  • Bollinger Bands Period: Determine the period of the Bollinger Bands used for calculating upper and lower levels.
  • Stochastic Indicator Parameters: Set the periods and values for the Stochastic indicator to fine-tune trading signals.
  • Trade Distance: Define the minimum distance in pips between trades.
  • Trade Multiplier: Specify the multiplier for the lot size of the next trade.
  • Stop Loss: Set the percentage of your account balance to be used as a stop loss.
  • Maximum Slippage: Specify the maximum allowed slippage in pips for trade execution.

Recommendations:
  • Currency Pairs: USDCAD
  • Timeframe: M15
  • Account Type: Suitable for any account type, with a preference for ECN/Raw spread accounts.
  • Leverage: Recommended leverage of 1:100 for optimal trading conditions.
  • Settings: Default settings provided for ease of use.
  • Minimal/Recommended Deposit: Start trading with a deposit of $1500 or 1500 US Cent to effectively implement the EA's strategy.


Avis 6
Bruks51
34
Bruks51 2024.04.26 13:00 
 

Советник торгует в + будем наблюдать. Лот определяет сам. Через месяц напишу результаты торговли. Спасибо автору!

Rene Kaufmann
354
Rene Kaufmann 2023.12.15 10:25 
 

I Downloaded Cadence FX at the beginning of December sofar it had 8 Trades all of positieve.

ruecha_m
331
ruecha_m 2024.04.17 06:49 
 

Running in a demo account for 2 month and found result, although not outstanding, but satisfying.

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BollSto EA MT5
Miss Supatcha Pigulkaw
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DynamicBandit EA MT5
Miss Supatcha Pigulkaw
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Miss Supatcha Pigulkaw
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Bruks51
34
Bruks51 2024.04.26 13:00 
 

Советник торгует в + будем наблюдать. Лот определяет сам. Через месяц напишу результаты торговли. Спасибо автору!

ruecha_m
331
ruecha_m 2024.04.17 06:49 
 

Running in a demo account for 2 month and found result, although not outstanding, but satisfying.

146212248
14
146212248 2024.04.07 05:23 
 

All this do was open and close trade at the same time just to waste my money.

Miss Supatcha Pigulkaw
7314
Réponse du développeur Miss Supatcha Pigulkaw 2024.04.08 04:08
You can ask me to check it on myfxbook.
tico16
31
tico16 2024.01.30 03:04 
 

I tested this ea for 30 min and I appreciated these results

Skrulle
100
Skrulle 2023.12.25 22:02 
 

Tested with M15 on USDCAD for 1 and 3 months with profitable results. +11% in 3 months with 11% drawdawn. I will put it on a Demo account and update this review in a few months. Documentation is OK and the settings are easy. I didnt try any optimization. Please provide a set file.

Rene Kaufmann
354
Rene Kaufmann 2023.12.15 10:25 
 

I Downloaded Cadence FX at the beginning of December sofar it had 8 Trades all of positieve.

Répondre à l'avis
Version 1.1 2023.12.15
Added options for risk management