EA Seven MT5

5

The EA uses a reverse strategy. To detect trading signals, the following indicators are used: Moving Average, Relative Vigor Index, Average True Range, Alligator and other custom indicators.

Each pair has a stop loss, take profit, breakeven and trailing stop.

The EA trades on many major currency pairs and timeframes.

The EA uses timeframes:

MetaTrader 4 MetaTrader 5
  M1, M5, M15, M30, H1  M1, M2, M3, M4, M5, M10, M12, M15, M20, M30, H1, H2

Real monitoring 1: https://www.mql5.com/en/signals/1310302

Real monitoring 2: https://www.mql5.com/en/signals/1333080

МetaТrader 4 version: https://www.mql5.com/en/market/product/37565

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

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

    Requirements and recommendations

    • The EA is attached to only one chart (any of the working pairs and any timeframe) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies.
    • The minimum recommended balance for the EA (when used on recommended pairs and timeframes) is $ 2000 or $ 20 on a cent account.
    • Broker with 5-digit and 3-digit quotes.
    • VPS.
    • Instructions for reducing the amount of RAM for EA: post/744213  ( the EA requires a minimum of 5000 bars in the history ).
    • Download Set files: https://www.mql5.com/en/market/product/37597#!tab=comments&page=1&comment=28700160

    For the Strategy Tester:

    • Multi_Currency_BackTest - if set to true, a multi-currency tester is used.
    • For quick test, use:
        • Tick simulation methods:
          • M1 OHLC (simulation of 1-minute bars, OHLC prices)

      Pairs
      1. AUDCAD
      2. NZDCAD
      3. NZDCHF
      4. NZDJPY
      5. AUDNZD
      6. AUDCHF
      Parameters
      • AUDCAD - if true, use AUDCAD;
      • ...
      • AUDCHF - if true, use AUDCHF;
      • 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;
      • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
      • Max Spread - maximum allowed spread;
      • Stop strategy trend - disable trend-following trading for a certain time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread;
      • Select http or https - the Protocol to download the 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).


        Avis 1
        William Tiberius Patrice Schulz
        747
        William Tiberius Patrice Schulz 2022.01.28 11:45 

        Using machine learning to swing trade the common asia pacific pairs makes a lot of sense. EA Seven MT5 ran very good on demo accounts and now I run on live accounts. The profit factor of the live signals is very good, and for now it seems they can be replicated. Thanks for the development effort!

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        William Tiberius Patrice Schulz 2022.01.28 11:45 

        Using machine learning to swing trade the common asia pacific pairs makes a lot of sense. EA Seven MT5 ran very good on demo accounts and now I run on live accounts. The profit factor of the live signals is very good, and for now it seems they can be replicated. Thanks for the development effort!

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