Damascus Dagger

3

This Expert Advisor uses scalping as its main strategy based on a statistical model called Bollinger Band. It embedded with two exit market strategies called 1st and 2nd dagger. The 1st dagger exits on the mid line of the band and the 2nd dagger exits by trailing until the maximum profit. It is recommended to use both strategies to lower the risk since it would split the lot into half for each dagger.

Recommended: M5/M15, EURAUD/GBPAUD, ECN account

Please add the news link (http://ec.forexprostools.com) on Expert Advisor tab.

Please be aware that this is a broker-sensitive EA.


Parameters

  • Magic Number - order identity
  • Lot Size - fixed lot, use 0 for auto lot
  • Auto Lot Size % - risk as a percentage of account balance
  • TP - take profit value in pips
  • SL - stop loss value in pips
  • Min Profit - only take profit after some dollar amount (for 1st dagger)
  • TSL Start - trailing stop loss in pips (for 2nd dagger)
  • TSL Distance - trailing distance in pips (for 2nd dagger)
  • Dagger Mode - choose to use 1st or 2nd or both strategies
    • Dual Wielding - both strategies
    • Only 1st Dagger - TP if hitting the mid line
    • Only 2nd Dagger - TP through trailing
  • Auto SL - in-built stop loss strategy (for 1st dagger)
  • Auto TP - in-built take profit strategy (for both daggers)
  • Auto TSL - in-built trailing stop loss strategy (for 2nd dagger)
  • Max Spread - maximum acceptable spread in pips on trade
  • Max Slippage - maximum acceptable slippage in pips on trade
  • Pause for x mins if SL - pause if recent (in mins) loss trades found
  • Start Time - time to start trading, please ignore the date
  • End Time - time to stop trading, please ignore the date
  • Close Time - time to close all trades, please ignore the date
  • Close All on Close Time - allow close all if time is met
  • Trade Xxxday - allow trading for those days
  • GMT Offset - the GMT offset for news filter only
  • News Source - choice of the news source
  • Low/Mid/High/Non-Farm Importance - switch for filter those news or not
  • Low/Mid/High/Non-Farm (Pause x mins before/after) - control for pausing time during news
  • Draw News Lines - switch if drawing vertical news lines on chart
  • Show Panel - show the basic information on the current status
  • Show Debug Info - show information for developer/debug
  • Enable Logging - show logs for debug
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ULTIMATE SALE -60% OFF! Get GOLD Scalper PRO with a huge –60% discount ! Special Price: $177 (Regular Price: $447 — You Save $270!) Don't miss out on getting this amazing gold trading EA at such a low price. The price will increase very soon! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled by the low price – GOLD Scalper Pro is
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Nguyen Hang Hai Ha
5 (1)
Experts
Expert Advisor  Hamster Gold Trading  is an automatic trading robot programmed with exclusive and unique algorithms. The EA is optimized for the Gold market. EA's strategy applies movement patterns along with price momentum for reliable and accurate signals. Signals are also entered using the smart momentum trap method, where Stop orders are often canceled when momentum is not reached. Trades are closed quickly by Trailing and there is always a Stop Loss to control risk. Bonus: get free 1 EA wh
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Vasiliy Strukov
5 (1)
Experts
EA Sweet Dreams è un sistema di trading trend following basato sul mio indicatore. Segue una strategia a griglia Martingale. Questo EA è adatto a qualsiasi coppia di valute e a qualsiasi timeframe, ma offre prestazioni eccezionali su strumenti in forte trend come XauUSD sul timeframe M15. I risultati in tempo reale possono essere visualizzati   qui . Contattami subito dopo l'acquisto per ottenere il bonus personale! Impostazioni e manuale   qui   IMPOSTAZIONI Open new series – true/false - iniz
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Profalgo Limited
5 (5)
Experts
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Afsal Meerankutty
3.82 (22)
Experts
Universal Indicator EA, your ultimate solution to automate your trading strategy without any coding requirements. This powerful expert advisor is designed to work with any indicator that gives Buy and Sell Signals, making it a versatile tool for traders of all levels. With Universal Indicator EA, you can easily read signals from both Indicator Buffers and Objects on the Chart. You can also test your indicator on the demo account before purchasing to ensure that the EA is compatible with your ind
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Ianina Nadirova
5 (1)
Experts
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Vasiliy Strukov
Experts
L'Expert Advisor Alex è basato sull'indicatore Vertex, uno strumento proprietario progettato per identificare potenziali inversioni di tendenza. I segnali di trading vengono generati quando l'oscillatore sottostante raggiunge condizioni di ipercomprato o ipervenduto e conferma un incrocio o un segnale di inversione.  Questo Expert Advisor multi-segnale avanzato integra l'analisi di tendenza, la valutazione del momentum e un timing di ingresso preciso in un unico sistema di trading intuitivo. Fi
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Leonid Arkhipov
4.75 (4)
Experts
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DAX Robot MT4
MQL TOOLS SL
Experts
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
Hedging Pro Ultimate MT4
Sugianto
5 (1)
Experts
Hedging Pro Ultimate is an expert advisor designed to work fully automatically or semi-automatically. MT5 version  |  Product knowledge & Setfile  |  How to set up news filter Suggested pairs: EURUSD, GBPUSD, XAUUSD Expert parameters: 1. Manage Open Positions + Trade Buy: allow buy + Trade Sell: allow sell + Open Position Method: Select the open position method + Delete trendline after opening a position: set false for continuous pending orders. + Continue New Cycle: set false to stop a new cy
Altri dall’autore
VPS Benchmark MT4
Yu Pang Chan
Utilità
The Definitive Performance Testing Solution for MetaTrader Environments What This Tool Does This specialized benchmark utility measures the performance of your MetaTrader environment, providing insights that impact your trading execution. Unlike generic system benchmarks, this tool evaluates performance specifically within the MetaTrader runtime environment. For Professional Traders & Developers: Performance Metrics : Measurements of calculation throughput and memory efficiency Trading-Specific
VPS Benchmark MT5
Yu Pang Chan
Utilità
The Definitive Performance Testing Solution for MetaTrader Environments What This Tool Does This specialized benchmark utility measures the performance of your MetaTrader environment, providing insights that impact your trading execution. Unlike generic system benchmarks, this tool evaluates performance specifically within the MetaTrader runtime environment. For Professional Traders & Developers: Performance Metrics : Measurements of calculation throughput and memory efficiency Trading-Specific
Filtro:
Edward Febbraio
486
Edward Febbraio 2018.06.25 08:42 
 

15/04/2018: So far so good! Running on my live account with ICMarkets for about 10 days now. In this time I've seen about 5% account growth with negligible drawdowns (under 3%). Still very early days, but so far a full 5 starts from me. Oh and Yu Pang Chan is a brilliant author, answering all questions very quickly, also giving advice in a very clear and friendly manner. Wish more were like him here on MQL5. Anyhow, Ill leave weekly updates as to the progress of the EA, but as of now I'm very happy with it!

25/06/2018: Unfortunately the EA is not doing as great as expected. On the whole it sits mostly at breakeven at best. I am still running it though as it may just be a bad time for it at the moment. The author is still awesome, therefore 3 stars :D

Andy_Ho
47
Andy_Ho 2018.05.22 17:47 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Hiu Fung Gilbert Lo
306
Hiu Fung Gilbert Lo 2018.04.22 13:38 
 

L'utente non ha lasciato alcun commento sulla valutazione.

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