Tribal EA

2

Tribal EA is the newest conservative trading Expert Advisor with a powerful order control filter, the development of which took the last six months.

The EA does not use martingale, averaging or similar risky techniques. It always uses stop loss, tale profit and order closure based on additional filters.

All appropriate settings are stored in the Expert Advisor code, so there is no need to download additional set files - you only need to attach the EA to recommended pairs. The settings are valid for GMT+2 brokers. If your broker's time differs, set the appropriate value of GMT Time Shift. You can also choose and use your settings (set UseAuthorSetFiles = fasle).

Test results: DOWNLOAD

  • Timeframe: M15
  • Trading pairs: AUDCAD, EURCHF, EURJPY, GBPAUD, GBPCAD, GBPUSD
  • Trading time: night hours
  • Leverage: 1:100 and above.

Recommendations

  • Deposit: $200 per 0.01 lot.
  • Spread: 2-3 at most
  • Broker trading time: GMT+2 DST

Parameters

All settings in points are given for 2-digit (JPY) and 4-digit quotes. Values are automatically multiplied by 10 for trading accounts with 3- and 5-digit quotes.

General settings:

  • UseAuthorSetFiles - use optimized properly tested unique sets. Set to false if you want to trade using your custom parameters.
  • Set Name - the name of the user created set file.
  • MagicNumber - a unique magic number.
  • Slippage - Slippage pips
  • Lots - default lot value.
  • Auto Risk % - risk value as the percent of deposit per trade. The parameter is ignored if Lots is set to true.
  • Raise Lot After SL (Multiplier) - multiplier for next order lot if last was closed in loss
  • Max Spread - the maximum allowable spread value, above which the EA will not open orders; in points.
  • Static Take Profit Pips.
  • Dynamic TP Channel Percent - take profit value as the percent of the channel width. Static TP is disable if the parameter is set to > 0.
  • Stop Loss - stop loss value in points
  • Hedging Orders - allow opening opposite orders when a signal appears.

Enter settings:

  • Bollinger Period - Bollinger Bands indicator period
  • Bollinger Deviation - the Deviation value of the Bollinger Bands indicator
  • Min Channel Width - the minimum distance between the lines of the channel Bollinger Bands
  • Filter Max Candle Size - maximum value of the previous candlestick, orders will not be opened if the candlestick was larger.
  • Pause After Stop Loss - stop trading for the specified number of minutes after a losing trade.

Trailing stop/Breakeven:

  • Trailling Start - the distance in points from the opening price to activate Trailing Stop.
  • Trailling Distance - distance of trailing stop from the current price.
  • Breakeven - the distance in points from the opening price to move the stop loss value to breakeven

EXIT SETTINGS

  • Time Filter (minutes) - closing trades after the passage of time in minutes
  • Min profit to exit - the minimum allowed profit in pips for closing by the time filter
  • Exit Distance - close the order if it crossed the opposite side of the BB channel.
  • Min profit to exit -  the minimum allowed profit in pips for closing by BB channel filter
  • MA Period - the period of the Moving Average indicator to exit when you change its direction
  • Pips to close MA filter -  the minimum allowed profit in pips for closing by the MA filter

Trade Time Filter:

  • TimeShift - broker's time shift. Can also be a negative value.
  • Start Trade Hour - EA trading start hour
  • End Trade Hour - EA trading end hour

Friday Stop Filter. 

  • Friday: Stop Trade Hour - Hour when all new orders stoped to open at Friday. When -1 - filter off
  • Friday: Stop Trade Minute - Minutes when all new orders stoped to open at Friday. When -1 - filter off

Other Settings:

  • Show InfoPanel - show/hide information panel
  • Show Label on chart - display labels with information
  • Color InfoPanel - background color for the information panel
  • Logs Type - Show logs on the chart













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MQL TOOLS SL
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Marco Solito
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AW Trading Software Limited
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DMITRII GRIDASOV
5 (3)
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Forex Alpha MT4
Ebrahim Mohamed Ahmed Maiyas
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Patrick Jeannot
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Roman Starostin
4.67 (9)
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Roman Starostin
5 (12)
Free informative Indicator-helper. It'll be usefull for traders who trade many symbols or using grid systems (Averaging or Martingale). Indicator counts drawdown as percent and currency separate. It has a number of settings: Count deposite drawdown according equity value and send e-mail or notifications to user if DD more than set; Sending e-mail when max open orders reached; Shows price and remaining pips amount before MarginCall on current chart and Account generally; Display summary trade lot
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Roman Starostin
3 (1)
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The indicator takes screenshots of the active terminal chart. Available image saving options: At the opening of a new bar (candlestick) depending on the currently selected timeframe; After a certain time interval, e.g. every 10 minutes after indicator launch on a chart; When trade orders are opened/closed both by an Expert Advisor and manually; Each time when a user clicks the "Screeshot" button. Indicator Parameters Settings Screenshot time Start Time (hh:mm) - sets the start time of indicator
Growth and Balance indicator designed to visually display the results of user's trading directly in the MT4 terminal without using external services and programs. After a long analysis, I came to conclusion that online resources for calculating the drawdown of trading accounts cannot reliably display the Equity that really was on traiding account in period before the system connect to these resources, therefore, the data for calculating income / drawdown isn't displayed correctly. Growth and Bal
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Roman Starostin
5 (1)
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Night Hawk MT5 est la version mise à jour de l’Expert Advisor Night Hawk, portée de MT4 vers MT5. La logique de trading n’a pas été modifiée : la stratégie, les entrées, les sorties, le modèle de grille et le fonctionnement avec les fichiers set préparés restent les mêmes. Il s’agit d’une deuxième version de l’EA pour les utilisateurs qui souhaitent utiliser Night Hawk dans le terminal MetaTrader 5. L’Expert Advisor trade pendant la session asiatique et utilise les signaux des indicateurs CCI
Filtrer:
Pavel Naimushin
682
Pavel Naimushin 2019.08.24 19:10 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Gianmaria Panfili
193
Gianmaria Panfili 2019.05.02 11:08 
 

To me, the EA seems a "simpler" version of Night Hawk. I started to use it on 25th April on 6 pairs, as recommended, and till now it opened only 1 trade (according to back-testing it should make 8-9 per week).

I rented it for trying but it's so slow that, at this rate, i doubt i will take my rent back at the end of the month (i'm risking 1% per pair with a balance of more than 2k eur). I give a neutral 3 stars for now, hoping to increase them if situation will change at the end of my rent period

###Update 22 May 2019

My rent period is about to finish and i can share some results. By and large, during the month of may, the EA opened a total of 8 trades on my account. Despite all the trades have been in profit, i decided to remove it due its slowness. Too much for my trading taste.

Lixiao Wu
247
Lixiao Wu 2017.11.14 06:53 
 

hi, I purchased this EA, the Trading pairs is: AUDCAD, EURCHF, EURJPY, GBPAUD, GBPCAD, GBPUSD , But I saw the signal you provided and it traded: AUDCAD, EURCHF, EURJPY, GBPAUD, GBPCAD, GBPUSD, AUDUSD , CADJPY , USDCAD in the history, should I trade these 9 pairs too?

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