Chefs Arbitrage

Chefs Arbitrage is the Professional EA that uses Bollinger band RSI and stochastic to determine price Action. I have implemented a lot of features and systems in this EA in order to improve its overall performance. MACD as optional filter to boost the  3 additional trading strategies in the Chefs Arbitrage which increase the total profit. The EA has optional features like Advanced Time Management system, Notification System, Friday Exit System, Advanced News Filter and i have added additional parameters for making Chefs Arbitrage more flexible.


WARNING:   Contact me for optimum setfiles!  Before using the Grid part of the EA, be aware of its risk , if you are not aware of the risks associated with this type of trading, then use other strategy available in the EA. 

The grid pattern of Chefs Arbitrage is a very controversial topic in the trader’s community. The reason for this is the following - used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. On the other hand in certain circumstances they fail dramatically. So you can make your choice on pattern and strategy to use, the Chefs Arbitrage EA gives a wide options of advantages. The key elements for the success of any grid and non grid based trading are the applied risk and the right entry and exit trading logic.

Chefs Arbitrage is designed to pick up the right moment for the initial market entry and for the following additional grid and non-Grid based recovery trades. Lots of features you can't find in other EA are present for quick recovery.

Using risk level equivalent on 0.01 lots on $10,000 account balance, or lower, is essential for long-term success with the Grid strategy !!!



Important notes
The minimum starting capital for Grid strategy is $5,000
The advised starting capital for Grid strategy is $10,000

The default settings can be classified as reasonably aggressive. Please, perform your own backtests and examine the way the EA works! If these settings are too aggressive for you, then you can try the conservative settings from here on the comment section

Recommended currencies:Eur/usd, Gbp/usd, Eur/chf, Usd/cad, Aud/cad, Usd/sgd, Cad/chf, Chf/jpy, Aud/chf, Usd/chf, Usd/jpy

Fast backtest : 1H Close Price.

If the Last trade is a loss while back testing ,it just mean that the trade was still opened but close at stop ,adjust the end time of the backtest to the opening date of the last trade  and test again.

When using grid, do not close any trade ,whether in profit or in loss to allow a safe money management



Timeframe

The H1 timeframe is strongly recommended.


Currency

GBPUSD only recommended. The other major currencies can be traded with caution but  It is advisable to perform back tests to determine if trading results and frequency is acceptable.


Risk management

The average take profit is around 1% of your account . more than one trade is opened until 1 % profit is reached then all open trades close.  No martingale trading is used as part of risk management.

Please do not use this software on multiple currency at the time ,focus on one currency for less risk and more profit 

The Expert uses a Position Sizing of 1 Lot per 10000 Unit 

.

Recommended balance

The minimum recommended balance for the EA's use is $1000.


Parameters

  • Magic number. This number is used by the EA to identify its trades from other trades. This is useful when you insist on placing multiple copies of the EA on multiple charts. In that case, please define a unique magic number for each chart.


































































Chefs Arbitrage features

Advanced News Filter
New, improved, highly effective trading logic 
Email and Push Notification system
Advanced Time Management system
Close with dollars filter
optional martingale option
Global tp & sl

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Wall Street Robot MT4
MQL TOOLS SL
5 (1)
Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
XG Gold Robot MT4
MQL TOOLS SL
4.29 (42)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Forex Diamond EA
Lachezar Krastev
5 (5)
BUY 1 and GET 1 FREE - Promotion! Buy Forex Diamond EA with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2379493 Forex Diamond EA – Reliable Automated Trading Powered by Smart Algorithms Forex Diamond EA is a proven expert advisor designed to deliver consistent results us
Iberian EA Ultimate - FX H4 is a fully automatic professional Forex expert advisor. This EA trades according to trends (NO scalping, NO martingale) This EA combines various strategies to verify the possibility of a trend and a series of global validations to give the final approval to the opening of the order Despite its complexity, detecting trends is not always the greatest difficulty, it is also necessary to know when to close the operation. In this case, the success of the EA is supported b
Buzzer Gold EA
Sukhpreet Singh Bedi
BUZZER GOLD EA — Smart. Powerful. Profitable. Fully Automated XAUUSD Trading Solution for MetaTrader 4 Buzzer Gold EA is a fully automated expert advisor built specifically for trading Gold (XAUUSD) on the M5 timeframe. It combines a smart entry system with a complete risk-management framework, designed to help traders capture Gold's volatility while keeping capital protection as the top priority. Key Features Smart Entry System High-accuracy signal generation tuned for Gold's price action Bu
Dark Algo
Marco Solito
4.67 (69)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . 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 market
RiskShield Dragon   — Automated Multi-Currency Advisor Combining intelligent algorithms, robust protection mechanisms, and flexible configuration, **RiskShield Dragon** delivers consistent profits with minimal risk. --- ## Key Advantages * **Multi-Currency & Multi-Threaded**: Supports over 20 currency pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, NZDJPY, and more) simultaneously on any timeframe. * **Minimum Deposit from 10,000**: Optimized for trading with a starting balance of 10,000 account uni
Dynamic Pips MT4
Thi Thu Ha Hoang
5 (1)
️ Déjà propriétaire du  Boring Pips EA  ? Vous êtes éligible à une  réduction supplémentaire de 30 %  ! Contactez-nous pour en savoir plus : Comment réclamer votre remise (rebate) Le second mandat de Trump a ravivé une vague de politiques commerciales agressives, commençant par le retour de tarifs douaniers massifs qui secouent les marchés mondiaux. Les tensions au Moyen-Orient se sont intensifiées — plus récemment entre Israël et l’Iran — ce qui pourrait influencer la hausse des pri
Javier Gold Scalper V2
Felipe Jose Costa Pereira
5 (4)
Javier Gold Scalper : Notre technologie à vos côtés ! Manuel et fichiers de configuration : contactez-moi après l'achat pour recevoir le manuel et les fichiers de configuration. Prix : le prix augmente en fonction du nombre de licences vendues. Copies disponibles : 5 Trader l'or, l'un des actifs les plus volatils du marché financier, exige une grande précision, une analyse rigoureuse et une gestion des risques extrêmement efficace. Le Javier Gold Scalper a été conçu précisément pour intégrer ce
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MT4 To Telegram Signal Pro MT4 To Telegram Signal Pro allows you to broadcast your trades to a Telegram Channel or Group. Can be used to build, support and expand your own network of traders. A Group can have 200.000 members, A Channel can have an unlimited number of subscribers. The messages are send to Telegram in HTML5 format, which is the preferred language. Ability to broadcast newly opened trades, trades that were closed, and sending out status reports on set intervals. This EA also has
Chef Moving Power
Emmanuel Chukwudi Offor
Chef Moving Power Chef Moving Power brings to your door step the exact strategies the big companies, CTAs(Commodity Trading Advisors), trend followers or managed futures traders uses. its an Expert Advisor that utilizes the power of moving Average to its fullness. 80% of indicators and Expert Advisor carries Moving Average and therefore it has more control of price than any indicator in the market. Chef Moving Power brings 3 moving average strategy that suite your taste of trade , these strateg
Chefs Super Trend Plus
Emmanuel Chukwudi Offor
Chefs Super Trend Plus advisor trades using the famous xsuper trend indicator. Its a trend following Expert Advisor and it executes trade when the trend changes, when breakout occurs, when correction happens and when pullback occurs. It implements many useful features like customizable trading sessions, multi-timeframe filters, Optional trend indicator filters like the CCI, Alligator and MACD. The unique thing about the Chefs Super Trend Plus is that it only moves in the direction of the trend
A top-quality from the famous XSuper Trend indicator. It is completely loyal to the original algorithm, and implements many useful features Which includes Trend Indicators as Filters like MACD,CCI and Alligator. The Chefs Super Trend Plus Indicator is a great way to identify the current market trend. The indicator shows a clear distinction between uptrends and downtrends. The indicators has optional filters for sound signal. Suitable for the following trending pairs: EUR/USD, GBP/USD, USD/JPY,
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