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ChainMaster EA MT4

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 author's recovery system for unprofitable positions, which allows to keep drawdown of trading account within adequate limits.

A sufficient number of parameters allows to customize trading according to the individual preferences of a user.

Monitoring of trading on real account


Broker and trading account

Any broker is suitable for trading. The robot is not sensitive to spread and/or order execution speed.

Minimum recommended deposit - $20 for cent account and trading lot 0.01.

Minimum recommended leverage - 1:400.


Currency pairs, timeframe, terminal

Trading is recommended on EURUSD, GBPUSD, AUDUSD, USDCAD, USDCHF, USDJPY. However, you can optimize the parameters for trading on other currency pairs.

Timeframe - М1.

Terminal - MetaTrader 4.



Parameters

  • AutoLot - if "true", the EA chooses lot size for trading by itself, depending on account balance.
  • Lots - lot size, set by a user, if AutoLot="false".
  • Risk - percentage of the deposit, used for the automatic calculation of the lot.
  • DD - the maximum drawdown as a percentage of account balance, at which all positions of the EA on current currency pair will be closed.
  • TakeProfit - TakeProfit value in points.
  • StopLoss - StopLoss value in points. Not recommended for permanent use, because it may disrupt the recovery system.
  • TrailingStop - TrailingStop value in points.
  • EAidentifier - identifier of the EA, which allows it to distinguish its positions from the positions of other EAs.
  • CommentOfOrders - comment to positions. Can take any value on a user choice.
  • OpenNewPositions - if "true", the EA is allowed to open new positions. If there are already open positions on the current instrument, then this parameter is ignored.
  • ChainLotMult - trading lot multiplier for opening the following positions. Used in recovery system.
  • MaxNumberOfOrders - the maximum allowed number of simultaneous positions for this trading instrument.
  • ZeroPositions - if "true", the EA will open positions only if there are no other open positions on the trading account at all.
  • MaxSpread - maximal value of spread for the EA to open positions.
  • ShowBreakEven - if "true", an approximate breakeven level will be displayed on the chart.
  • InformationPanel - if "true", an information panel will be displayed on the chart.
  • BS_Signal - if "true", the EA will use the current trading signals, in the recovery system.
  • Volatility - multiplier for measuring current volatility of the currency pair, in the recovery system.
  • Last_BorderPrice - if "true", the EA will use levels of the last open positions, in the recovery system.
  • Same_ChainLot - if "true", the EA will open an opposite position with the same lot, in the recovery system.
  • CompareBSPositions - if "true", the EA will take into account the difference in the number of Buy and Sell positions, in the recovery system.
  • OppositePosition - if "true", the EA will open an opposite position, in the recovery system.
  • CountPositions - if "true", the EA will compare the number of Buy and Sell positions to determine the order of closing, in the recovery system.
  • FullTP - if "true", the EA will not reduce TakeProfit, when closing several positions, in the recovery system.
  • ClassicClose - if "true", the EA will use the recommended method of closing positions, in the recovery system.

  • Set-files for recommended currency pairs can be found in the comments.


    If you want to test the EA in the Strategy Tester, do it in "Every tick" mode.


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

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    4.57 (21)
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    Artem Minchuk
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    Guillaume Duportal
    4.83 (12)
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    Thi Thu Ha Hoang
    5 (12)
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    Mansour Babasafary
    4.58 (38)
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    Stanislav Tomilov
    4.17 (6)
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    Gregory Hay
    4.5 (4)
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    ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time! ET9  for MT4 Updated 4.20 !!   Important update:    Enable automatic closing of profits,  Various parameters of the ET1 strategy can be modified,   Optimized the stability of ET1 strategy Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4
    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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    Marina Arkhipova
    5 (2)
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    Marzena Maria Szmit
    4.64 (22)
    We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
    The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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    ご紹介     Quantum Gold Empire EA は 、有名な XAUUSD (GOLD) ペアの取引方法を変革する画期的な MQL5 エキスパート アドバイザーです。 13年以上の取引経験を持つ経験豊富なトレーダーのチームによって開発されました。 重要!購入後、インストールマニュアルとセットアップ手順を受け取るためにプライベートメッセージを送ってください。 ***Quantum Gold Empire EA を購入すると、Quantum Trade EA を無料で入手できます!*** 詳細については個別にお問い合わせください。 ライブ信号:   ここをクリックしてください MT5バージョン:   ここをクリック 量子EAチャネル:       ここをクリック 高度なアルゴリズムを活用したエキスパートアドバイザーは、あらゆる一瞬の機会を活用し、最適なエントリーとエグジットを保証します。 リアルタイムの適応性:     金市場はダイナミックな性質を持っているため、迅速な調整が必要です。当社のアドバイザーは、変化する市場状況にシームレスに
    Never Dies EA is a super professional EA using advanced mathematical and statistical theories. The EA analyzes multiple timeframes (Chart Timeframe and D1) to detect strongest directions and verify signals. The EA is in the category of HFT trading EAs and will not use any dangerous recovery methods such as grid, martingale, hedge, .... All trades are powered by TP/SL to control the risk of the account. Also some smart algorithms inserted inside the EA to adjust some settings based on selected sy
    TS Prop Firm MT4
    Marzena Maria Szmit
    5 (4)
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    Valeriia Mishchenko
    4.41 (49)
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    3 (1)
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    バージョン 1.7 2022.08.17
    The code was optimized.
    バージョン 1.6 2022.05.11
    Entering points were improved.