Silkyway

Silkyway is an advanced Expert Advisor that calculates how orders flow in the market and quickly reacts to the flow when it is safe to do so. It complies strictly to the core rules of trading and has its core strength of in its ability to preserve initial capital and taking position when it is deemed safe.

No toxic or margin hugging technique, like Martingale, Averaging, Gridding, Zone Recovery Strategy.

The EA will always use a hard stop loss and have different early smart exit strategy to exit dwindling positions before it hits the stop exit level. This EA has been tested using different stress test with 99.90% tick data spanning over 10 years including Monte Carlo Robustness and worst case variable spread (with commission and slippage). It will also automatically adjusts itself 4 and 5 digit quotes.

No promise of profit guaranteed with this algorithm and like every other system there will be stagnation period that will span for days maybe weeks or month, but overall the positive movement will eventually outweigh the stagnation time. You are encouraged to perform your due diligence by backtesting and demo-trading with your broker to see what potential it has in a live environment with your desired broker.

Please allow WebRequest for listed URL and paste http://ec.forexprostools.com/ in the address box for the news filtering module to sync with algorithm.


Expert Recommendations

  • Server: Low latency VPS.
  • Symbol: EURSGD, GBPSGD, AUDSGD,GBPCHF.
  • Time Frame: Default expert setting optimized for M15, it will work also for M30, but you have to optimize and test which set file is best.
  • Broker: Low spread with commission.
  • Deposit: Greater than $200.
  • Leverage: Greater than 1:200.
  • It is important to note that backtesting Silkyway in MetaTrader 4 Strategy tester does not take account of the prevailing news. Therefore, the backtest and live trading results may vary. For faster backtesting select false for "Avoid trade"


Input Parameters

  • OpenDirection: Long, short or long and shorts positions
  • DynamicLots: False for fixed lot or true for automatic lot calculation
  • Lots: If false in DynamicLots fixed lots will be used
  • RiskPerTrade: Percent of equity to risk per trade
  • HardSLPips: Solid stop loss
  • HardTPPips: Solid take profit
  • LossesPerDay: Maximum losses per day. If SL is hit.It will not open trade again in that trading session
  • MaxSpreadPips: Maximum spread allowed in pips
  • SlippagePips: Maximum slippage allowed in pips
  • TimeToStart: Time to start
  • TimeToStop: Time to stop
  • Comment: Comment
  • Magic: Identifying trades from different Expert Advisors and when trading platform restarts
  • DisplayOnChart: Display spread, swap, balance and win rate on chart
  • Source: News source
  • Avoid trade: Enables news filter
  • Show news on chart: Display list of upcoming news


Optimized algorithm for 2022 market rhythm.

NarX optimized with far better performance than LSTM - Deep Learning.

Unified varying broker time to sync with code.

News filtering optimization.

Friday evening pause to reduce over the weekend positions.

Handle Max Drawdown Events on Every Tick in a memory efficient way.

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Btcusd Grid
Ahmad Aan Isnain Shofwan
1 (1)
BTCUSD GRID EA è un programma automatizzato progettato per utilizzare la strategia di grid trading BTCUSD GRID EA è molto utile sia per i principianti che per i trader esperti.   Sebbene esistano altri tipi di bot di trading che puoi utilizzare, la natura logica della strategia di grid trading rende facile per i bot di trading di criptovalute eseguire scambi automatizzati senza problemi.   BTCUSD GRID EA è la migliore piattaforma in assoluto da utilizzare se stai cercando di provare un bot di t
SouthEast
Sugianto
5 (11)
SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share my
Greedy Golden MT4
Mihails Babuskins
4.8 (5)
Recommended:  it's better to  use in accounts with lower swap or swap-free accounts. SEE AND COMPARE WITH OTHER EA's , Real monitoring signals link on my profile. Contact me after payment to send you the user manual PDF file See the real monitoring signal in my profile. Use only on gold and on the  BUY direction. Trading gold is attractive to many traders due to the high volatility and depth of the market. Should we invest in gold or just scalp it? Answering this question is a big challenge for
Ranger EA
Ryan Brown
4.86 (7)
The Ranger EA has a very long forward track record of 12 months! The EA also has a long backtest history of 10+ years using 99.90% modeling quality! Ranger EA V5 Backtesting data shows no losing months in 10 years! Projected monthly profit of 2.5-10% a month (default settings) Trades every week Trades the GBPCAD & AUDCAD like a pro. Uses  a corrective trading technique   to turn losing trades into winners Makes a profit every month Finds the best places to range trade the market Trades better t
Bitcoin Robot Grid MT4
MQL TOOLS SL
5 (16)
Bitcoin Robot Grid MT4 is an intelligent trading system designed to automate BTCUSD trading using the grid trading strategy. This method takes advantage of market fluctuations by placing a structured series of buy and sell orders at predefined price levels. The robot   continuously monitors market   conditions and executes trades according to its preset parameters, allowing for consistent market engagement without the need for manual intervention. Bitcoin Robot Grid is the   perfect solution  
Exorcist Projects
Ivan Simonika
3 (1)
Exorcist Bot   is a multi-currency, multi-functional advisor that works on any time frame and in any market conditions. - The robot’s operation is based on an averaging system with a non-geometric progression of constructing a trading grid. - Built-in protection systems: special filters, spread control, internal trading time limitation. - Construction of a trading network taking into account important internal levels. - Ability to customize the aggressiveness of trading. - Working with pending
Mon Scalper MT4
Xuan Bach Nguyen
Mon Scalper - Dual-Trendline Breakout Scalping Expert Mon Scalper is a specialized Expert Advisor designed exclusively for gold (XAUUSD) trading. It utilizes a unique dual-trendline strategy to identify strong trends and breakout points, executing trades automatically based on market conditions. Join My MQL5 Channel for the Latest Updates! Real-Time Signal :  https://www.mql5.com/en/signals/2361936 Pricing : Launch Price : $199 Incremental Price Increase : The price will increase by $100 after
ADVANCED SNIPER PRO EA è un sistema di trading automatico preciso con una percentuale di vincita di circa il 90%. Questo EA è uno dei robot per scalping più stabili, costanti e redditizi al mondo. È un prodotto originale offerto solo su questo sito web MQL5. Scarica EA Set_files per test e trading: GBPAUD Set_file GBPCAD Set_file L'EA offre una varietà di impostazioni che i trader professionisti possono utilizzare per le loro esigenze. I principianti del Forex possono semplicemente utilizzar
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Entropy
Segun Oladipo
3.67 (3)
Entropy is an expert advisor with artificial intelligence that has the ability to self-learn and adapt to the constant chaos and disorderliness in the market. Entropy algorithm was developed in a way to ensure minimal human input or intervention to determine the in-coming market sentiment and price action that is extremely hard to pick by human eyes or manual trading. The strategy and method in which Entropy is based on comply strictly to the core rules of trading and has an edge in its simplici
Silkyway MT5
Segun Oladipo
Silkyway MT5 is an advanced expert advisor developed for MetaTrader 5 platform which complies strictly with the core rules of successful trading that isolate few winners from the majority of the investors. This is the MetaTrader 5 version of Silkyway MT4 The core strength of Silkway lies in its ability to preserve initial capital while sustainably growing investors equity. The strategy behind Silkway calculates how orders flow in the market and quickly reacts to the flow when it is safe to do so
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