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LUCKiya

The EA uses the RSI indicator!

The principle of the Expert Advisor operation is simple: When the market is overbought - it sells, oversold - buys!

Trades happen:

  • Sell - after the candle closed in the overbought zone
  • Buy - After the candle closed in the oversold zone

Next, if the price went the opposite way, the EA opens an additional order, places TP, if TP was not triggered after a specified step parameter, opens one more order with the lot size multiplied by the value of lot_factor, and so on until the number of orders reaches the value of max_steps, SL is placed in the last step. Once the SL triggers all orders are closed. Locking can be enabled after the step 2 using the lock_step parameter up to max_steps


Strategy example

Various strategies can be used, the signal https://www.mql5.com/en/signals/178291 uses the following:

Set the value of max_steps - 5 and lock_step - 5, lock_koef - 10.0, i.e. covers the volume of all main orders in the grid, in the last step the TP is extended by the take_profit 2 parameter, and if the SL triggers, the loss of the main orders will be covered!

The EA can be optimized for any market situation, the standard initial deposit is recommended from 3000 units per currency pair or more.


General recommendations:

Use StartLots=0.01 per each 3000 units of the currency

Use different Magic numbers for simultaneous trading on multiple currency pairs


Input Parameters:

  • lot - Starting Lot Size
  • lot_factor - lot multiplier
  • take_profit - Take Profit
  • take_profit2 - Take Profit in the last step (if 0 - disabled)
  • take_profit_add - Increase in the value of TP with each subsequent step
  • max_grids - the number of parallel order chains
  • stop_loss - Stop Loss
  • trail - the distance from the price to activate trailing stop
  • trail_start - profit in points to activate trailing stop;
  • step - step between orders in points
  • step_add - Increase in the step length with each subsequent step
  • max_steps - The maximum number of steps
  • lock - Locking (True/enabled, False/disabled)
  • lock_step - Step to start locking from
  • lock_coef - locking ratio, as a fraction of 1 (0,5 – 50% of the main order)
  • rsi_period - RSI period
  • rsi_up_level - The upper level of RSI
  • rsi_down_level - The lower level of RSI
  • magic - Magic number (separate for each currency pair)

Unused parameters, (under testing)

  • atr_period - ATR period
  • atr_level - ATR level
  • atr_step_add - Increase of the step when the specified «atr_level» level is exceeded
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Battle Scalper is a fully automatic trading robot. The default settings are for the GBPUSD currency pair, H1 timeframe. The robot trades on the principle of accumulating a positive balance by opening trades for a short time at the moments of an impulsive market. The robot places pending orders at the supposed support / resistance points and then accompanies the deal if it worked. If the transaction does not work, the robot removes the pending order. Trading recommendations: Currency pair GBPU
749 USD
To The Moon EA
SERGEI RIEBIN
LAUNCH PROMO: ONLY 3 COPIES OUT OF 10 LEFT AT $599! Next price:        $699 Price will be kept high to limit number of users for this strategy To The Moon comprises the best out of trend trading  applied to bitcoin . As many people know crypto markets are much less efficient than traditional markets like Forex. It means they are easier to make profit on. They are also trend markets. Using high-quality trend systems as this one is the best possible way to leverage opportunities given by crypto m
599 USD
The Grand Trader
Stefan Petkov
Price until the end of the weekend : $800 (EOD 25th of October) We have invested more than 200K Euro in our experience. Do you want to join us in our journey ? The Grand Trader is trading with our own REAL MONEY. We are not relying on back-testing! We are confident in our knowledge and experience in the Forex Market!  Live signal monitoring :  https://www.mql5.com/en/signals/831036 Please note that the Backtest has been performed on MT5 terminal due to its ability to test different time frame
800 USD
AW Scalping Dynamics EA
Alexander Nechaev
Advanced trading on trend reversals. The EA does not use grids or martingale. But, if necessary, they can be used in the input settings. 3 types of notifications and position locking when the maximum basket load is reached. The default settings are recommended for EURUSD on the M15 timeframe. How the EA trades:   First of all, when trading, the current trend activity is taken into account (the "   Main Trend filter   " variable). The smaller it is, the higher the probability of a reversal and
395 USD
NSP Tiger Of Sweden
Boris Sklyaruk
New version of the adviser "New Stable Profit" adapted for trading on the GBPSEK currency pair The adviser has been working on real accounts since 2017. Trading is based on corrective movements of the trend, positions are opened based on the strength of the trend and trading volumes according to the author’s formula. Series of positions have a common take profit, which is laid down on the basis of statistics on correctional movements of a given trading instrument. Upon the release of
250 USD
GunnersTrio
Boris Sklyaruk
Advisor for permanent stable income with minimal risk! The EA is optimized for trading 3 currency pairs. EURGBP USDCHF GBPUSD Trading is carried out according to the author’s indicator with the MACD indicator filter The strategy works to quickly open and close orders, if the transaction does not close, then the lossless closing system comes into force with the help of a calm and non-aggressive series of orders. It is recommended to turn off auto trading on the eve of big holidays,
250 USD
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バージョン 1.2 2016.02.15
Fixed testing errors