LaserAlgo EA MT5
- Experts
- Hamza Ashraf
- Version: 2.8
- Mise à jour: 26 février 2023
- Activations: 5
Traders are humans.
The markets are controlled by "fear" and "greed" and there are patterns for it. We found these patterns via years of writing and monitoring algorithm, and we now introduce to you our LaserAlgo MT5.
We used our 7 years’ experience in the markets to convert this concept into a fully AI algorithm.
Link to MT4 version:https://www.mql5.com/en/market/product/89549
Link to live run of EA: https://www.mql5.com/en/signals/1780127
| This is a promotional price and will be increased after selling 5 copies. important: We only sell our products on mql5 website. |
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Features of the LaserAlgo:
- This is an AI and based on the patterns that markets make
- It does not use grid or martingale methods
- It has a very good risk to reward ratio (R:R)
- It uses a stoploss for every trade placed
- It can trade many symbols, but we recommend the default
- It can trade between 3 to 10 positions per week
| Symbols that this expert trades best that expert trade best on them: AUDJPY,EURJPY,NZDCAD,CADJPY,GBPJPY the expert should be run only on AUDJPY H1 chart(this is important) |
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Inputs:
1. Risk % Per Trade:
Set as per your appetite, we recommend no more than 2%
(E.g. If it is set to 2 and a trade hits SL than your loss will be 2% of your balance)
2. Custom Symbol Prefix:
Some brokers have a prefix at end of their symbol:
(E.g. If the brokers symbols are a.GBPUSD then you will need to enter a. in this field)
3. Custom Symbol Suffix:
Some brokers have a prefix at end of their symbol:
(E.g. If the brokers symbols are GBPUSD.a then you will need to enter .a in this field)
4. Start Hour of Trading (0 TO Disable Start Time):
(E.g. if you set this to 1 then the expert will not trade from hour 0 to 1 everyday)
5. Start Minute of Trading:
(E.g. if you set this to 30 and the above setting to 1 as per the example the expert will not trade from 0 to 1.30 everyday)
6. End Hour of Trading (0 To Disable End Time):
Same as start hour but enter a time value to stop the EA from trading
7. End Minute of Trading: same again for minute
Same as start minute but enter a time value to stop the EA from trading
8. Maximum Allowed Spread: (100 points by default, recommended)
if the spread (in points) is more than the inputted amount the expert will not trade
9. Maximum Open Positions: (10 by default, recommended)
If the open positions (only this EA) are more than this amount it won’t open new trades
10. Broker GMT Time: (3 by default, recommended)
Please keep as default if not known
11. Custom Magic Number: (6664 by default)
If you are running multiple experts on one account, you can change each magic number so the EA’s don’t interfere with each other.
12. Custom Comment: (LA by default)
You can enter anything you like in this field to help identify the trades made by this EA.
please note that past results don’t guarantee future results/ profits.
Actually this EA has potential to directly make big profit on some positions. But for safety for all of the auto trade, I'm using secondary EA to make trailing stoploss for just little profit I get. So, my conclusion is, this EA should be update in the future with trailing stop features. Sometimes the signal become in loss position without make a profit, but I ALWAYS make it close in profit with just one or two averaging positions . In all scenarios, I can only suggest that one or two grid averaging position as an update features should give this EA the stability in all conditions, without compromise