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EA Black Lotus MT5

The EA uses two strategies, the first trend strategy the second reverse strategy can be enabled or disabled through the settings. The EA has been optimized for the last 10 years. The adviser uses a variety of indicators such as Bollinger Bands, Moving Average, Momentum with different settings for the most accurate signals. 

To close positions, stop loss and take profit are used, as well as additional methods of order modifications.

Very easy to set up, does not require special knowledge. You can quickly start trading using the default settings. The robot is optimized for 15 currency pairs and does not need to be optimized.

Attention! This EA is only for "hedging" accounts.

Monitoringhttps://www.mql5.com/ru/signals/author/profi_mql

МetaТrader 4 version: https://www.mql5.com/en/market/product/31648

It is recommended to install the EA on one chart, you can enable and disable currencies in the settings.

It does not use hedging, scalping, averaging, martingale, grid and other risky strategies.

Multi_Currency_BackTest - if set to true, a multi-currency tester is used. If false, the current currency and timeframe are used.

The robot does not require all ticks in history. For quick test, use:

  • Tick simulation methods:
    • M1 OHLC (simulation of 1-minute bars, OHLC prices) or Open price only (quick method on complete bars).


Pairs and timeframe

  • The EA is optimized for the following pairs:
    1. EURGBP.
    2. EURUSD.
    3. USDJPY.
    4. GBPUSD.
    5. USDCHF.
    6. AUDUSD.
    7. EURAUD.
    8. EURCAD.
    9. EURJPY.
    10. EURCHF.
    11. USDCAD.
    12. AUDCAD.
    13. GBPJPY.
    14. CADJPY.
    15. GBPAUD.


      Requirements and recommendations

      • The minimum balance for the EA (when used on recommended pairs) is 1000$ or 10$ on a cent account.
      • Broker with five-digit quotes.
      • VPS.

      Parameters

      • Run 1 strategy - if true, the first strategy is used;
      • Run 2 strategy - if true, the second strategy is used;
      • EURGBP - if true, the EURGBP currency is used;
      • ...
      • GBPAUD - if true, the currency is GBPAUD;
      • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
      • Custom_Risk - if true, the lot size increases when account balance grows (risk management);
        • User_Balance - user-defined balance;
        • Lot on every - lot size per User_Balance;
      • Use_Risk_MM - risk based on free margin;
        • Percentage_Risk - risk percentage;
      • Fixed_Lot - fixed lot (if Custom_Risk - false and Risk_MM - false);
      • Adaptation of the lot for each symbols - if true, the lot adapts to every symbol (if a position is closed by stop loss, the loss will be the same for all currency pairs);
      • Order Type - trading direction;
      • Slippage - allowed slippage before an order is triggered;
      • Show_Info_Panel - use the information panel (false - faster backtest);
      • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
      • Multi_Currency_BackTest - for backtest only:
        • true - use the multi-currency tester;
        • false - use the current currency and timeframe;
      • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
      • Max Spread EURGBP - maximum allowed spread;
      • ...
      • Max Spread GBPAUD - maximum allowed spread;
      • Stop trade - disable trading for a certain time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread;

      Trading within the week:

      • Monday - trade on Monday;
      • ...
      • Friday - trade on Friday;

      Time trading within a day:

      • Use time - if true, the EA trades by time;
      • GMT_mode - GMT offset of the broker server time (0 - disabled);
      • Every_Day_Start - operation start time (hh:mm);
      • Every_Day_End - operation end time (hh:mm);

      Time to disable on Friday:

      • Use time - if true, the EA trades by time;
      • Disable_in_Friday - operation end time on Friday (hh:mm);
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      Ruslan Pishun
      5 (1)
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      Ruslan Pishun
      5 (3)
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      Ruslan Pishun
      2 (4)
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      Ruslan Pishun
      3 (2)
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      The indicator colors bullish, bearish and doji candles. Also, the amount of candles (bullish, bearish and doji) for the last N days is calculated. You can select colors for both bodies and shadows of candles. You can also enable coloring only candle bodies. МetaТrader 5 version:  https://www.mql5.com/en/market/product/11649 Parameters color bulls = color of bullish candle bodies color shadow bulls = color of bullish candle shadows color bears = color of bearish candle bodies color shadow bears =
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      This unique indicator automatically builds Wolfe Waves. Features Finds the points and builds the lines automatically. Efficient trading strategy. No redraws, no lags. The indicator relaunch button is located directly on the chart. The indicator has multiple configurable parameters. Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is
      Trend modified
      Ruslan Pishun
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      We present our totally unique Expert Advisor "Expert trend one point": the EA trades within a trend, it contains a complex strategy (named "one point profit"), does not use stop loss, does not use an adjustable take profit, it adjusts the take profit per one point of profit. The EA works with four or five-digit prices. You can use the Expert Advisor on any currency pairs, however it is recommended to choose symbols with low spread and low stop levels. The EA can work on timeframes M1 , M5, M15,
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      Time close bar
      Ruslan Pishun
      This indicator shows the time before the new bar or candle opens. Examples of how much is left before a new bar opens: An example for the M1 timeframe: 05 = 05 seconds. An example for the H1 timeframe: 56:05 = 56 minutes and 05 seconds. An example for the D1 timeframe: 12:56:05 = 12 hours, 56 minutes and 05 seconds. An example for the W1 timeframe: W1(06): 12:56:05 = 6 days, 12 hours, 56 minutes and 05 seconds. МetaТrader 5 version:  https://www.mql5.com/en/market/product/13602 Settings color_ti
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      Ruslan Pishun
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      Ruslan Pishun
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      Ruslan Pishun
      1 (1)
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      Ruslan Pishun
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      Ruslan Pishun
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      Ruslan Pishun
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      Ruslan Pishun
      3 (2)
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      리뷰 답변
      버전 5.15 2018.11.28
      Fixed function: the risk of money management.
      버전 5.14 2018.10.18
      added synchronization of quotes for simultaneous opening of orders.
      버전 5.12 2018.10.01
      Fixed an error with the order modification.