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Butterfly

This Expert Advisor is designed for effective investment management and medium-term trading. Do not use martingale, grid and other high-risk trading strategies similar to overstaying drawdown by keeping unprofitable trades. Every trade is protected by stop loss. Only one market order can be opened at a time. It works using pending (Stop, Limit) or market orders depending on the parameters specified. The trailing stop levels can be set in pips, in the deposit currency or as a percentage of the balance. VPS server is recommended. The recommended minimum deposit is 1,000 units of the base currency. The EA is to be used on highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, XAUUSD), timeframe does not matter. For the convenience of evaluating the efficiency of the trading system, various information is output on the chart.

This EA is designed for long-term use, therefore, do not expect immediate results. There can be unprofitable days, weeks and even months. The number of trades mainly depends on the market volatility. Keep in mind that this is merely a program and not the Holy Grail. Only you should decide when and where to use it. Make sure you test the program in the strategy tester and understand all the settings before you make the purchase.

The number of trades if determined by three main parameters:

  • LifeTimeSignal - signal lifetime.
  • Distance - the distance the price should pass.
  • TimerSeconds - time to refresh the data in seconds.

The smaller the distance the price should pass and the greater the allocated time, the greater the number of trades. Also, disabling the signal lifetime setting allows the EA to work using a simplified logic, which generates more trades but with a decreased quality.


Optimization settings:

  • LifeTimeSignal - start 10, step 10, stop 120.
  • Distance - start 40, step 10, stop 200.
  • TimerSeconds - start 10, step 1, stop 30.
  • TrailingStop - start 40, step 10, stop 100.
  • TrailingStep - start 40, step 10, stop 200.

I decided not to overload this EA with a lot of different functions, and equipped it with only the essentials. But, if you need something done additionally, it can always be done via the freelance service with prior negotiation. Please contact me if you have any questions. I hope, this product will be helpful. If you like my product, please leave your feedback.


Description of the Parameters

  • OrdersType - select the order placement type:
    • StopOrder - pending Stop orders.
    • LimitOrder - pending Limit orders.
    • MarketOrder - market execution.
  • PctMaxLots - automatic calculation of the lot size as a percentage of the maximum allowed lot. If set to -1, a fixed lot set in FixLots is used.
  • FixLots - fixed lot.
  • LifeTimeSignal - signal lifetime, in minutes. Not used if set to -1.
  • Distance - the distance the price should pass within a certain time interval.
  • TimerSeconds - time in seconds, after which the data for opening positions are refreshed.
  • LevelsMode - order closing mode:
    • Pips - in pips.
    • Money - in deposit currency.
    • Percent - in balance %.
  • TrailingStop - trailing stop distance.
  • TrailingStep - trailing step.
  • MagicNumber - magic number, -1 - work with all orders.
  • ShowInformation - information output method:
    • Symbol - output data on the symbol the EA is running on.
    • Account - general statistics on the trade account.

All my products: link

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Lizard Scalper Pro
Michela Russo
Lizard Scalper Pro is a trading robot   for the trading on forex. This is a Counter Trend system that trades mainly during Asian and NY sessions. Expert advisor not use grid, martingale , arbitrage o high frequency trading . Fix   and   Visible Stop loss   and   Take Profit Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Eagle Scalper Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email ! The
199 USD
Turbo Scalper M1
Andrey Kozak
TURBO SCALPER M1 is a fully automatic trading robot for the GBPUSD currency pair. The robot works on the M1 timeframe. This is the smallest and most dynamic timeframe on the Metatrader4 platform. The algorithm of the robot's work is to analyze the market dynamics using the analytical module of signals, after which the robot opens pending orders and looks where the price is going. If the price moves in the right direction and breaks through the placed pending order, the robot starts following it
1 250 USD
PipFinite Trend Grid EA
Karlo Wilson Vendiola
Smart Grid Trading Expert Advisor Based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes EA will only work on LIVE if you purchased the indicator: PipFinite Trend PRO M
98 USD
The Grand Trader
Stefan Petkov
Copies left at the price of $800 : 1 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 frames and different currency pa
800 USD
R Mode
Benan Tumkaya
R Mode is a system that opens trades in grid and works with hidden pending orders, and hidden TP. It uses a special algorithm to close trades when the difference between the last trade and first one reaches a pre-set percentage.  It has a compounding system where more than one trades compound to close the earliest trade in profit. The system not only focuses on increasing the account balance but also controlling the DD levels. To control the DD, after a certain number of trades, it starts 'recov
225 USD
Calm EA
Svetlana Visnepolschi
Calm EA  is a fully automated Forex trading robot based on  NPS indicator . The robot is intended for use on currency pairs: EURUSD, EURGBP, AUDCAD, AUDUSD, USDCAD . Recommended timeframe is H1 .  Live signal List of the EA parameters: Parameter Description Recommended value Symbol list List of currency pairs AUDCAD+AUDUSD+EURGBP+EURUSD+USDCAD Symbol name prefix Prefix of symbol name Any if necessary Symbol name suffix Suffix of symbol name Any if necessary Max orders by symbol
65 USD
Gold Hunter
Ramil Minniakhmetov
   EA Gold Hunter -  advisor working on XAUUSD and using the "breakout strategy" -strategy of breakdown of lows and highs in its work. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Skype is  here . Telegram is  here . Recommendations Recommend pairs XAUUSD Time Frame  M1  Recommend deposit  1000 usd or 1000 cents  Recommend settings   Default Inputs Value New Cycle  — when enabled, the EA works non-stop, otherwise,
250 USD
Dream Scalper MT4
Tatiana Zyrianova
⭐   ⭐   ⭐   ⭐   ⭐   Dream Scalper is a scalping EA whose signals are determined on price rollbacks from support / resistance levels, using the principle of probability theory. The main advantage of this algorithm is that the EA finds such signals at which the price will continuously go either to stop loss or to profit by trailing stop. Since the profit is not fixed according to the standard settings, profitable trades are closed at a ratio of 2: 1, 3: 1 in relation to the stop loss. Recommen
399 USD
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