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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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<<<SELLING FAST>>> ONLY 1 OUT OF 10 COPIES AT $199! Next price will be $299. Final Price $799.   QUANTICA is an Advanced Superlative, Trend Following MACD Smart Grid System, using Artificial Intelligence to trade on the highly volatile USDJPY & USDCHF pair WITH BIG PROFIT. It specializes in systematic algorithm, using quantitative models derived from mathematical and statistical analysis, based on past data, to extrapolate and predict for future market behaviour. Trades like a real experien
199 USD
SymbiosisEA
Ivan Pochta
LAUNCH PROMO FOR NEW Symbiosis EA 10 / 10 copies by price $199 Start price $99 Next price $249 TARGET PRICE $349 SymbiosisEA is a fully automated Expert Advisor based on a unique author strategy. The system is based on an algorithm for determining the important support and resistance levels with a high probability of being broken. When these levels are broken, the system opens Stop Orders in the direction of the trend, scalping profits.  SymbiosisEA uses fixed Stop Loss and Take Profit values,
199 USD
Prado
Tatyana Kulyapina
PRADO é um consultor especialista em segurança. A estratégia de negociação está em conformidade com as regras FIFO . O depósito mínimo é de 100 dólares. Negociação intradiária de níveis por tendência. Monitoramento: https://www.mql5.com/en/signals/667212 Para testes: período H1 , todos os ticks. Ferramenta USDJPY , os arquivos de configuração podem ser baixados nos comentários, página 4, publicação # 75 A descrição das configurações pode ser encontrada nos comentários, página 6, publicação #109
321 USD
Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
295 USD
KonokaSystem
Nobuyoshi Murase
O Sistema Konoka é um sistema de day trade que tem como alvo as horas das 00:00 às 13:00 horas, horário do Japão. O par de moedas é USDJPY e é negociado ao preço de fechamento do M5. Nenhuma lógica de grade ou martingale é usada. Tanto o TP quanto o SL são ligeiramente maiores a 100Pips. A razão para isto é para evitar perdas com grandes vendas a descoberto. Existem outros métodos de liquidação que utilizam indicadores de tempo e técnicos. O Backtesting foi validado por 20 anos. f
330 USD
Secret
Evgeniy Zhdan
✅ The strategy is based on the determination of the formed figures of technical analysis, candlestick patterns of higher time frames, the degree of volatility variability. ✅ The totality of the data obtained allows the adviser to decide on the start of trading. ✅Dangerous trading methods are not used. ✅ Only 1 order can be opened at a time. The averaging system is not used. ✅ Each open transaction has a stop loss and take profit. Recommended trading instruments (TF 5m): GBPUSD, GBPJPY,
2 698 USD
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Versão 1.2 2016.02.15
Fixed testing errors