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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Leonid Arkhipov
Experts
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Bogdan Ion Puscasu
5 (6)
Experts
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5 (2)
Experts
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Marco Solito
4.69 (91)
Experts
Dark Gold  is a fully automatic Expert Advisor for  Scalping   Trading on Gold , Bitcoin , Eurusd and Gbpusd. This Expert Advisor needs attention, in fact presents highly customizable. Dark Gold is based on   Dark Support Resistance indicator   (owning it is not necessary) , these Trades can be manage with some strategies. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get Dark Support Resistance indicator for Free , for More info contact me The basic strategy st
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Xian Qin Ceng
Experts
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3.67 (3)
Experts
DESCRIPTION With the CHAOS ALGO TRADING EA, You dont need anymore to guess prices direction, You can profit when prices move either in mark up or in mark down from the moment You activate the EA in Your trading account. The ALGO TRADING EA was created to fully automate the TRADING STRATEGY OF CHAOS, leaving the single TRADE OPEN and TRADE CLOSE to the EA, and keeping for the TRADER only the decision when to activate it or close it. The EA is best used in loops; so if USER activate it, and then
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Burak Baltaci
3 (2)
Experts
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WallStreet GOLD Trader
Lachezar Krastev
Experts
FOREX MEGA SALE! 50% OFF! Buy WallStreet GOLD Trader with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! WallStreet GOLD Trader Live Results:  https://www.mql5.com/en/signals/2389404 WallStreet GOLD Trader is a professional Expert Advisor designed specifically for trading Gold (XAUUSD) . Its trading concept is based on the core principles behind the WallStreet trading technology — a straightforward but powerful approach focused o
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Andriy Sydoruk
Experts
Here is the corrected and adapted description for your BioBot scalping system in English , fully aligned with the actual input parameters from your code: BioBot Scalping System Description BioBot is a high-performance automated scalping trading system designed for trading various financial instruments (currency pairs, metals, etc.), primarily on M1 – M15 timeframes. Optimizing BioBot just once (for example, over a one-month period) is sufficient to deliver strong results on a forward period sev
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DMITRII GRIDASOV
5 (3)
Experts
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Lachezar Krastev
5 (6)
Experts
FOREX MEGA SALE! 50% OFF! Buy Forex Diamond EA with a huge –50% discount ! Promo Price: $267 (Regular Price: $547 — You Save $280! ) Act now before this deal ends! 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 using a combination of trend and counter-trend strategies. Trusted by thousands of traders since its launch, Forex Diamo
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