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Yellow MT5 Hedge

Extended version for MetaTrader5 of famous Yellow Expert Advisor.

The fully automated Yellow MT5 Hedge EA works on short-term trend changes creating the price channel set in the parameters. Trading is carried out at the external borders of this channel by opening positions in different directions with different lot sizes.

The strategy is simple, but effective. With adequate money management, the probability of stable earnings is very high.

Presence of a sufficient number of parameters allows trader to customize the advisor in accordance with his trading style.


Terminal - MetaTrader5

Account type - only Hedge



Yellow MT5 Hedge is intended for trading any currency pair on H1 timeframe.

One of options of Set-files for several currency pairs can be found in comment #2.

Not martingale, not arbitrage.




Telegram: https://t.me/realforexrobots


Our popular scalper for MT4: SZ Scalper EA


Parameters


  • AutoLot - can be set to "true" or "false". If "true", the EA selects the initial lot size for trading depending on the balance value.
  • TradingLot - initial lot size is set by a user, if the value of AutoLot is false.
  • Risk - percentage of the deposit used for the automatic calculation of the lot.
  • MaxLotSize -maximal allowed trading lot. Change this parameter only if you really understand what you're doing.
  • DD - maximum allowed drawdown. If reached, all positions on the symbol will be closed. To continue trading on that symbol its EAMagic parameter must be changed.
  • TradingMode - selectable option for searching of market entering points. "Classic" - like in version for MetaTrader4. "New" - new entering points.
  • TakeProfit - take profit in points.
  • TrailingStop - trailing stop in points.
  • AutoPriceChannel - can be set to "true" or "false". If "true", the EA automatically determines the trading price channel.
  • ManualPriceChannel - value of the price channel in points for Yellow MT5 Hedge to open positions, if AutoPriceChannel=false.
  • ZeroPositions - if "true", the EA opens positions only if there are no other open positions on the trading account.
  • SaveDeposit - can be set to "true" or "false". If "true", the EA will close order series with minimal profit ignoring TakeProfit parameter.
  • TradeOnFridays - can be set to "true" or "false". If "true", the EA will open trades on fridays.
  • SafeMode - can be set to "true" or "false". If "false", built in additional filter will be turned OFF.
  • LotMult - lot multiplier for the next opened position.
  • AccountFillingType - type of order execution for this type of account. If the advisor does not open positions with default value of this parameter - select another type of execution.
  • CommissionFor1Lot - broker's commission for 1 lot, in the deposit currency. If your account does not have a commission, set it "0".
  • CommentOfOrder - comment to orders. Can take any value.
  • EAMagic1 - the magic number of the EA, that allows the advisor to work only with its positions. Must have different values for every chart.

Recommended broker - any.

Minimal recommended deposit - $300 for cent account (30000 cents) and lot 0.1. Account leverage - from 1:400 and higher.

Important! If there are open positions on your trading account, do not interfere with the Expert Advisor! The consequences can be unpredictable!

For the correct operation of the EA, the currency pair history for the H1 and D1 timeframe should be downloaded to the terminal. For that just switch your chart to D1 timeframe, and then - back to H1. This will be enough.

Parameters are set as for 4-digits servers. They will be automatically recalculated for 5-digits servers.

Do not update your terminal and do not move your currenct trading to another terminal, if there are opened current positions. It's important.


Backtest screenshots on different currency pairs are provided below.


I will be thankful for your positive reviews and ratings - it inspires me for further improvements of my Expert Advisors.


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Bogdan Ion Puscasu
4.82 (137)
Presentazione       Quantum Trade EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui fai trading sulla prestigiosa coppia GBPUSD! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni, Quantum Trade       EA è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. IMPORTANTE! Dopo l'acquisto inviatemi un messaggio privato per ricevere il manuale di installa
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Profalgo Limited
4.5 (10)
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente dal broker Si sviluppa indipendente Mostra backtest mol
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
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Guillaume Duportal
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Denis Kurnev
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AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
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Lachezar Krastev
4.88 (49)
SHOCK DEAL --> JUST RELEASED UPDATE + DISCOUNT + BONUS EA Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings
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Shintaseftiana
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The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
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Aleksandr Chebotaev
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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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ChainMaster - fully automatic trading system based on a combination of trend trading and scalping. After implementing this trading system I was limited by a contract with a broker, that did not allow me to share this system with a wide range of traders. But now the terms of the contract have expired, and I can do that. Daily training and adaptation to the current market - the ChainMaster neural network core does this automatically, without user participation. The Expert Advisor has a built-in au
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Tango Pro MT4
Evgeniy Machok
1 copy for the price $129. Next price - $179. Tango Pro - fully automatic multicurrency robot. The main idea is that any trend has its current boundaries, after which the price comes to an equilibrium state. The boundaries of the current trend are determined by dynamic levels of support and resistance, which are updated at each candlestick. Trading is performed with pending "limit" orders for additional protection from slippage. The minimum number of parameters makes the Tango Pro Expert Ad
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5 (1)
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The NEURAL PATTERN robot is a representative of a relatively new trend in the creation of neural network automatic trading systems. Outdated techniques for creating trading algorithms, when the authors manually searched for and fixed patterns of price behavior in the Forex market, are gradually becoming a thing of the past. Therefore, we set the task of fully automating this process. A trading robot must find patterns on its own, evaluate their stability and possibilities for further use. The N
The SD Indicator is a powerful tool in the world of Forex trading, that combines two classical strategies: Support/Resistance levels and Supply/Demand zones. The indicator helps traders to identify potential trading opportunities in the market with high accuracy. Support and resistance levels are key price levels where buying and selling pressure converge, leading to potential price reversals. The SD Indicator identifies these levels in real-time and provides traders with a clear picture of wh
Regal Spear MT5
Evgeniy Machok
Last 2 copies for this price. Next price - $449. Fully automatic trading robot Regal Spear is the result of many years of monitoring the behavior of the market. Analyzing the received data, I came to the conclusion that it is necessary to give all the available information to some automatic system, which will estimate a possibility of market entering at one moment of time or another by itself. The result of this work was the creation of a neural network template that can be launched in various
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Versione 2.1 2020.04.07
Code was corrected to make trading safier.
New parameters for version 2.1 can be found in comments.
Versione 2.0 2020.03.21
Code was optimized.
Versione 1.9 2020.01.28
Code was potimized.