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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AI   Forex Robot - The Future of Automated Trading. AI Forex Robot is powered by a next-generation   Artificial Intelligence   system based on a hybrid LSTM Transformer neural network, specifically designed for analyzing XAUUSD, EURUSD   and BTCUSD price movements on the Forex market. The system analyzes complex market structures, adapts its strategy in   real time   and makes data-driven decisions with a high level of precision. AI Forex Robot is a modern, fully automated system powered by   ar
Trust EA MT4
Konstantin Kulikov
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with a small StopLoss size ar
XGen Scalper MT4
Burak Baltaci
3 (2)
XGen Scalper MT4 - Système de trading automatique professionnel XGen Scalper est un Expert Advisor de pointe qui combine une structure algorithmique avancée et une analyse technique éprouvée pour offrir des résultats cohérents sur tous les marchés. Ce puissant système de trading fonctionne sans problème sur les paires de devises, les métaux précieux tels que l'or et l'argent, les crypto-monnaies et les indices de matières premières. Technologie algorithmique avancée Son algorithme breveté de
Aura Neuron MT4
Stanislav Tomilov
4.44 (16)
Aura Neuron est un Expert Advisor distinctif qui poursuit la série de systèmes de trading Aura. En s'appuyant sur des réseaux neuronaux avancés et des stratégies de trading classiques de pointe, Aura Neuron offre une approche innovante avec d'excellentes performances potentielles. Entièrement automatisé, cet Expert Advisor est conçu pour négocier des paires de devises telles XAUUSD (GOLD). Il a démontré une stabilité constante sur ces paires de 1999 à 2023. Le système évite les techniques de ges
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
AW Scalping Dynamics EA
AW Trading Software Limited
4.67 (12)
Robot de trading avancé entièrement automatique qui fonctionne sur la base des inversions de tendance. Si nécessaire, il est possible d’utiliser une stratégie de grille. 3 types de notifications intégrés et verrouillage de position lorsque la charge maximale du chariot est atteinte. Les paramètres par défaut sont recommandés pour l'EURUSD sur la période M15. Caractéristiques et avantages: Capacité à travailler dans deux directions en même temps Capacité intégrée de travailler à l'heure en plusi
Goldbot One MT4
Profalgo Limited
5 (5)
PROMOTION DE LANCEMENT : Il ne reste que quelques exemplaires au prix actuel ! Prix ​​final: 990$ NOUVEAU : Achetez Goldbot One et choisissez 1 EA gratuitement !! (pour 2 comptes commerciaux) REJOIGNEZ LE GROUPE PUBLIC :   Cliquez ici   Offre Combo Ultime     ->     cliquez ici LIVE SIGNAL Présentation de     Goldbot One   , un robot de trading hautement sophistiqué conçu pour le marché de l'or. En se concentrant sur le trading en cassure, Goldbot One exploite à la fois les niveaux de support
Daytrade Pro Algo
Profalgo Limited
5 (5)
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de trading a
Infinity Trader EA
Lachezar Krastev
5 (18)
WINTER SALE — FINAL DAYS! Get Infinity Trader EA with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Christmas Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Infinity Trader EA Live R
Aussie Loonie EA MT4
MQL TOOLS SL
5 (2)
Aussie Loonie EA is a professional trading system developed exclusively for the   AUDCAD   currency pair. This cross pair is widely recognized for its stable and technical behavior, which makes it particularly attractive for traders who prefer structured and predictable market conditions rather than extreme volatility and sudden price spikes. By focusing solely on AUDCAD, the system is able to   adapt precisely   to the specific characteristics, rhythm and movement patterns of this pair. The EA
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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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