EA Black Lotus MT4

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 BandsMoving AverageMomentum 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.

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

МetaТrader 5 version: https://www.mql5.com/en/market/product/31647

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.

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

  • Tick simulation methods:
    • Control points (nearest less timeframe) or Open prices 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;
      • Order_Comment - comments to orders;
      • 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;
      • 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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      Stefano Frisetti
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      Stefano Frisetti
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      Sugianto
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      Ignacio Agustin Mene Franco
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      Connor Michael Woodson
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      Ayush V Jain
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      GOLDwind Engine4
      Tjia Elisabeth Jasmine Canadi
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      Shane Lee
      5 (1)
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      Frontier MT4
      Shane Lee
      5 (1)
      Real Trading Account LIVE SIGNAL 100K REAL:   https://www.mql5.com/en/signals/2388151 Real Trading Account  LIVE SIGNAL VT MARKETS:  https://www.mql5.com/en/signals/2388143 Check Out All Our Products :   Click Here Frontier is an automated Swing Pivot Breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA identifies confirmed swing highs and swing lows from recent price structure and uses these levels to prepare pending Buy Stop and Sell Stop orders. When price br
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      This unique indicator automatically builds Wolfe Waves and features a highly efficient trading strategy.   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 closed behind Moving Average, and then we open a trade with the lot: = (Let's apply the lot of, say, (0.40), divide it into four parts and open a quarter of the lot (0.10)). If the
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      Ruslan Pishun
      5 (1)
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      2.25 (4)
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      EA Black Scorpion MT5
      Ruslan Pishun
      1 (1)
      The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses
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      2.7 (10)
      The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the
      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 =
      'Info body and shadow candles' indicator colors the candle bodies and shadows according to the settings. For example, if the 'Size body candles' parameter is 10, the indicator looks for the candles having a body size of 10 or more. Candle shadows are calculated the same way. Detected candles can be colored (body color, shadow color). The indicator can be adjusted for both four- and five-digit quotes. МetaТrader 5 version:  https://www.mql5.com/en/market/product/12977 Parameters Use candle search
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      Ruslan Pishun
      5 (1)
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      Ruslan Pishun
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      Ruslan Pishun
      2 (1)
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