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Yellow MT5 Hedge

Extended version for MetaTrader5 of famous Yellow Expert Advisor.

The fully automated Yellow MT5 Hedge EA works on short-term trend changes creating the price channel set in the parameters. Trading is carried out at the external borders of this channel by opening positions in different directions with different lot sizes.

The strategy is simple, but effective. With adequate money management, the probability of stable earnings is very high.

Presence of a sufficient number of parameters allows trader to customize the advisor in accordance with his trading style.


Terminal - MetaTrader5

Account type - only Hedge



Yellow MT5 Hedge is intended for trading any currency pair on H1 timeframe.

One of options of Set-files for several currency pairs can be found in comment #2.

Not martingale, not arbitrage.




Telegram: https://t.me/realforexrobots


Our popular scalper for MT4: SZ Scalper EA


Parameters


  • AutoLot - can be set to "true" or "false". If "true", the EA selects the initial lot size for trading depending on the balance value.
  • TradingLot - initial lot size is set by a user, if the value of AutoLot is false.
  • Risk - percentage of the deposit used for the automatic calculation of the lot.
  • MaxLotSize -maximal allowed trading lot. Change this parameter only if you really understand what you're doing.
  • DD - maximum allowed drawdown. If reached, all positions on the symbol will be closed. To continue trading on that symbol its EAMagic parameter must be changed.
  • TradingMode - selectable option for searching of market entering points. "Classic" - like in version for MetaTrader4. "New" - new entering points.
  • TakeProfit - take profit in points.
  • TrailingStop - trailing stop in points.
  • AutoPriceChannel - can be set to "true" or "false". If "true", the EA automatically determines the trading price channel.
  • ManualPriceChannel - value of the price channel in points for Yellow MT5 Hedge to open positions, if AutoPriceChannel=false.
  • ZeroPositions - if "true", the EA opens positions only if there are no other open positions on the trading account.
  • SaveDeposit - can be set to "true" or "false". If "true", the EA will close order series with minimal profit ignoring TakeProfit parameter.
  • TradeOnFridays - can be set to "true" or "false". If "true", the EA will open trades on fridays.
  • SafeMode - can be set to "true" or "false". If "false", built in additional filter will be turned OFF.
  • LotMult - lot multiplier for the next opened position.
  • AccountFillingType - type of order execution for this type of account. If the advisor does not open positions with default value of this parameter - select another type of execution.
  • CommissionFor1Lot - broker's commission for 1 lot, in the deposit currency. If your account does not have a commission, set it "0".
  • CommentOfOrder - comment to orders. Can take any value.
  • EAMagic1 - the magic number of the EA, that allows the advisor to work only with its positions. Must have different values for every chart.

Recommended broker - any.

Minimal recommended deposit - $300 for cent account (30000 cents) and lot 0.1. Account leverage - from 1:400 and higher.

Important! If there are open positions on your trading account, do not interfere with the Expert Advisor! The consequences can be unpredictable!

For the correct operation of the EA, the currency pair history for the H1 and D1 timeframe should be downloaded to the terminal. For that just switch your chart to D1 timeframe, and then - back to H1. This will be enough.

Parameters are set as for 4-digits servers. They will be automatically recalculated for 5-digits servers.

Do not update your terminal and do not move your currenct trading to another terminal, if there are opened current positions. It's important.


Backtest screenshots on different currency pairs are provided below.


I will be thankful for your positive reviews and ratings - it inspires me for further improvements of my Expert Advisors.


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Profalgo Limited
4.5 (10)
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Babak Alamdar
4.67 (12)
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DaVinci Code EA
Shintaseftiana
3.4 (5)
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
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Denis Kurnev
4.53 (15)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Darwin Swing MT5
Guillaume Duportal
4.92 (38)
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Lachezar Krastev
4.88 (49)
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Marco Solito
5 (40)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
GTX Scalper
Vladimir Mametov
4.66 (38)
Automated, highly accurate trading advisor for trading the EURUSD currency pair. Signal:  https://www.mql5.com/en/signals/2129200 Advantages: The advisor uses an intelligent system for closing unprofitable orders. There is a news filter and a trading time filter. It is possible to test the news filter in the tester (to do this, contact me and I will send you the news file required for testing). Requirements: Trading pair: EURUSD Working timeframe: 1H Minimum deposit: $100 Leverage: preferably 1:
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Tango Pro MT5
Evgeniy Machok
3 (1)
1 copy for the price $129. Next price - $179. Tango Pro - fully automatic multicurrency robot. The main idea is that any trend has its current boundaries, after which the price comes to an equilibrium state. The boundaries of the current trend are determined by dynamic levels of support and resistance, which are updated at each candlestick. Trading is performed with pending "limit" orders for additional protection from slippage. The minimum number of parameters makes the Tango Pro Expert Ad
The SD Indicator is a powerful tool in the world of Forex trading, that combines two classical strategies: Support/Resistance levels and Supply/Demand zones. The indicator helps traders to identify potential trading opportunities in the market with high accuracy. Support and resistance levels are key price levels where buying and selling pressure converge, leading to potential price reversals. The SD Indicator identifies these levels in real-time and provides traders with a clear picture of wh
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Evgeniy Machok
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Greetings! My new products, trading signals and promos can be found here: https://www.mql5.com/en/users/alcad83 Add me to friends and get profit from Forex trading! The free version of the Yellow Expert Advisor works based on short-term changes in the trend, creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes. Version of the Expert Advisor for MetaTrader5 .
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Evgeniy Machok
4.27 (15)
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Evgeniy Machok
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The fully automated Yellow EA works on short-term trend changes creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes. Version of Yellow Expert Advisor for MetaTrader5 . The strategy is simple, but effective. Presence of a sufficient number of parameters allows trader to customize the advisor in accordance with his trading style. Telegram: https://t.me/re
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Evgeniy Machok
5 (1)
The new Forex indicator Turn Indi is an assistant to traders who prefer to trade “manually.” The accuracy of the signals of this indicator reaches 85-90%, which makes it an indispensable tool for intraday trading. Turn Indi finds possible points of change in the market trend by correlating several built-in filters and price movements, and this makes it possible to trade both on the trend and on the corrections of the main movement. This indicator constantly interacts with a trader, instantly rea
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Evgeniy Machok
5 (1)
The Point61 indicator is the result of many years of monitoring of price behavior of currency pairs and metals. It is not a secret, that in times of uncertainty, traders are looking for possible levels of support and resistance - the point, where price should stop its movement. There are 2 possible scenarios at these points: 1. Reverse (correction) to the opposite direction; 2. Breakthrough to continue movement. Very often these points are used to set stop orders - TakeProfit or
ChainMaster - fully automatic trading system based on a combination of trend trading and scalping. After implementing this trading system I was limited by a contract with a broker, that did not allow me to share this system with a wide range of traders. But now the terms of the contract have expired, and I can do that. Daily training and adaptation to the current market - the ChainMaster neural network core does this automatically, without user participation. The Expert Advisor has a built-in au
The NEURAL PATTERN robot is a representative of a relatively new trend in the creation of neural network automatic trading systems. Outdated techniques for creating trading algorithms, when the authors manually searched for and fixed patterns of price behavior in the Forex market, are gradually becoming a thing of the past. Therefore, we set the task of fully automating this process. A trading robot must find patterns on its own, evaluate their stability and possibilities for further use. The N
Regal Spear MT4
Evgeniy Machok
5 (2)
Last 2 copies for this price. Next price - $449. Fully automatic trading robot Regal Spear is the result of many years of monitoring the behavior of the market. Analyzing the received data, I came to the conclusion that it is necessary to give all the available information to some automatic system, which will estimate a possibility of market entering at one moment of time or another by itself. The result of this work was the creation of a neural network template that can be launched in various
Tango Pro MT4
Evgeniy Machok
1 copy for the price $129. Next price - $179. Tango Pro - fully automatic multicurrency robot. The main idea is that any trend has its current boundaries, after which the price comes to an equilibrium state. The boundaries of the current trend are determined by dynamic levels of support and resistance, which are updated at each candlestick. Trading is performed with pending "limit" orders for additional protection from slippage. The minimum number of parameters makes the Tango Pro Expert Ad
ChainMaster EA MT5
Evgeniy Machok
5 (1)
ChainMaster - fully automatic trading system based on a combination of trend trading and scalping. After implementing this trading system I was limited by a contract with a broker, that did not allow me to share this system with a wide range of traders. But now the terms of the contract have expired, and I can do that. Daily training and adaptation to the current market - the ChainMaster neural network core does this automatically, without user participation. The Expert Advisor has a built-in au
The NEURAL PATTERN robot is a representative of a relatively new trend in the creation of neural network automatic trading systems. Outdated techniques for creating trading algorithms, when the authors manually searched for and fixed patterns of price behavior in the Forex market, are gradually becoming a thing of the past. Therefore, we set the task of fully automating this process. A trading robot must find patterns on its own, evaluate their stability and possibilities for further use. The N
The SD Indicator is a powerful tool in the world of Forex trading, that combines two classical strategies: Support/Resistance levels and Supply/Demand zones. The indicator helps traders to identify potential trading opportunities in the market with high accuracy. Support and resistance levels are key price levels where buying and selling pressure converge, leading to potential price reversals. The SD Indicator identifies these levels in real-time and provides traders with a clear picture of wh
Regal Spear MT5
Evgeniy Machok
Last 2 copies for this price. Next price - $449. Fully automatic trading robot Regal Spear is the result of many years of monitoring the behavior of the market. Analyzing the received data, I came to the conclusion that it is necessary to give all the available information to some automatic system, which will estimate a possibility of market entering at one moment of time or another by itself. The result of this work was the creation of a neural network template that can be launched in various
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Version 2.1 2020.04.07
Code was corrected to make trading safier.
New parameters for version 2.1 can be found in comments.
Version 2.0 2020.03.21
Code was optimized.
Version 1.9 2020.01.28
Code was potimized.