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Yellow

4.05

The fully automated Yellow EA works on short-term trend changes creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes.


Version of Yellow Expert Advisor for MetaTrader5.


The strategy is simple, but effective.

Presence of a sufficient number of parameters allows trader to customize the advisor in accordance with his trading style.



StopLoss can be optionally set in parameters by user.

FIFO compatible, if parameter ClosePreviousPositions=true.



Yellow is intended for trading any currency pair on H1 timeframe.

Not martingale, not arbitrage.



Parameters

  • EAMagic - the magic number of the EA. Must have different values for every chart.
  • AutoLot - can be set to "true" or "false". If "true", the EA selects the initial lot size for trading depending on the balance value.
  • Lots - initial lot size is set by a user, if the value of AutoLot is false.
  • Risk - percentage of the deposit used for the automatic calculation of the lot.
  • MaxLotSize -maximal allowed trading lot. Change this parameter only if you really understand what you're doing.
  • DD - maximum allowed drawdown. If reached, all positions on the symbol will be closed. To continue trading on that symbol its EAMagic parameter must be changed.
  • CommentOfOrder - comment to orders. Can take any value.
  • TakeProfitInPoints - take profit in points.
  • StopLoss - stop loss value in points. If StopLoss=0, stop loss is not used in trading.
  • TrailingStop - trailing stop in points.
  • ZeroPositions - if "true", the EA opens positions only if there are no other open positions on the trading account.
  • LotMult2way - lot multiplier for the next opened position.
  • AutoPriceCorridor - if "true", the EA automatically determines the MaxPriceCorridor parameter.
  • MaxPriceCorridor - value of the price corridor in points for Yellow to open positions, if AutoPriceCorridor=false.
  • MaxSpread - the maximum spread size, at which the robot will open positions.
  • PipsOfIncrement - expansion of the price corridor when exiting an unprofitable position.
  • ClosePreviousPositions - if "true", the EA closes previous positions on the same currency pair before opening new positions and ignores the StopLoss parameter.
  • TradeOnFridays - if "true", the EA will open trades on fridays.
  • SaveDeposit - if "true", the EA will close order series with minimal profit regardless of TakeProfitInPoints parameter.
  • SafeMode - if "false", built in trend filter will be turned OFF. In that case it's recommended to use TrailingStop.
  • Old_Style_M5_Trading - if "true", the EA will be able to trade on M5 timeframe like previous versions.
  • QuotesMult - multiplier for parameters, depending on the number of digits in symbol's quotes. For 5 digits in EURUSD quotes, for example, the value of this parameter should be 10. For 4 digits in EURUSD quotes, the value of this parameter should be 1. For metals and other instruments the value of this parameter must be selected individually for your broker.
  • Autotrading - if the value is "true", the robot will work in fully automatic mode.
  • ShowTradingPanel - if the value is "true", it will be possible to open positions manually.

Recommended broker - any.

Minimal recommended deposit - $300 for cent account (30000 cents) and lot 0.1. Account leverage - from 1:400 and higher.

Important! If there are open positions on your trading account, do not interfere with the Expert Advisor! The consequences can be unpredictable!

If you want to test the Expert Advisor in the Strategy Tester, do it only in "Every tick" mode!

For the correct operation of the EA, the currency pair history for the H1 and D1 timeframe should be downloaded to the terminal.

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

Once a month it's recommended to check that account history (history of previous trades) is downloaded to MT4 terminal. It's important.



Comentários 23
nzubair
19
nzubair 2020.03.28 16:22 
 

I've been using the paid version of Yellow for the last one month plus. I am glad to report that I was able to almost double my account with a bit of money and risk management. This is a "big deal". Considering I've been a self-taught, amateur Forex trader for a number of years now and for me to say this and experience this with any "system" is a big deal. Also - getting direct one-on-one support from the author is a rare feeling in this work space - where the quick are the dead. So my humble thanks to the author, Evgeniy. Thanks for the robot and the support. Stay safe in these time.

Andreas Grimm
331
Andreas Grimm 2020.02.27 20:34 
 

Danke für den dollen EA, kann ich nur weiter Empfehlen, die Strategie ist super.

Und Danke noch mal für die schnelle Hilfe, das war Top!

Po Yuan Chen
1724
Po Yuan Chen 2020.01.18 15:18 
 

Very stable profit! The author is always there to give good support! I believe the strategies are safer than most Martingale/Grid EAs in the market

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Filtro:
ARTEM LIAGINOV
149
ARTEM LIAGINOV 2021.06.11 23:07 
 

O usuário não deixou nenhum comentário para sua avaliação

NathanGott
45
NathanGott 2020.07.16 15:49 
 

O usuário não deixou nenhum comentário para sua avaliação

Lutfrakhmanov
39
Lutfrakhmanov 2020.05.07 10:21 
 

Стоп!!! советник до нового года в минуса по канадцу, весной в минуса по японцу.

На данный момент автор не рекомендует торговать по этим валютам.

Деньги не возмещает!!!

Stop!!! Advisor until the new year in minus for the Canadian, in spring in the minus for the Japanese.

At the moment, the author does not recommend trading in these currencies.

Money does not refund !!!

Paolo Becheri
71
Paolo Becheri 2020.05.03 15:58 
 

3-May-2020

Talking about the Author I have to say he's VERY disposable and always ready to answer to any question.

Regarding the EA after several months spent backtesting it I did't find any satisfying Setting.

I tested the suggested settings (result in simulation is a 3K€ Account burn out) and also searched for something on my own.

In my opinion the Risk/Reward it's absolutely not acceptable.

I'am ready to change my mind whenever someone will show me a good result.

Actually there are better and more stable EA with controlled DD and regular gains.

nzubair
19
nzubair 2020.03.28 16:22 
 

I've been using the paid version of Yellow for the last one month plus. I am glad to report that I was able to almost double my account with a bit of money and risk management. This is a "big deal". Considering I've been a self-taught, amateur Forex trader for a number of years now and for me to say this and experience this with any "system" is a big deal. Also - getting direct one-on-one support from the author is a rare feeling in this work space - where the quick are the dead. So my humble thanks to the author, Evgeniy. Thanks for the robot and the support. Stay safe in these time.

Andreas Grimm
331
Andreas Grimm 2020.02.27 20:34 
 

Danke für den dollen EA, kann ich nur weiter Empfehlen, die Strategie ist super.

Und Danke noch mal für die schnelle Hilfe, das war Top!

Po Yuan Chen
1724
Po Yuan Chen 2020.01.18 15:18 
 

Very stable profit! The author is always there to give good support! I believe the strategies are safer than most Martingale/Grid EAs in the market

Wakeman1
36
Wakeman1 2020.01.15 13:07 
 

UPDATE 5/18/2020: Back to my first impression. It's a money burner. To me poorly supported by the developer.

UPDATE: So with the latest software version and with settings Old_Style_M5_Trading=true, QuotesMult=10, TakeProfitInPoints=10, ClosePreviousPositions=false the EA at least paid itself lately. Revised from 1 star to 3 stars. I will let it run for more weeks and maybe update to 5 stars then. Will see.

I have tried Yellow and for me it does not work at all. I used the defaults for a while as provided by the developer. I also tried the Old Style M5 method. No matter what, trades are openeded, turn into loss and most of them end up in losses. The profits never ever compensate the losses.

It wasn't worth buying Yellow. Can't recommend it. If the algorithm changes in a newer version I'm willing to run it again and revise this comment.

Olatidoye Abayomi
37
Olatidoye Abayomi 2020.01.10 19:39 
 

Let me start by saying thanks to Evgenyi for a wonderful EA. A first I was sceptical about buying this EA but constant communication with Evgenyi gave me assuraance. He is calm and patient to answer all questions. This EA has given me 11% within 3 weeks, that to me is outstanding. I will recommend you use Evgenyi recommended settings, you will be fine. It is a 5 star from me.

Milan Gonda
621
Milan Gonda 2019.10.10 20:45 
 

First of all, I would like to thank Evgenyi for his really great support and for his products. I run simultaneously YELLOW, SZ Scalpel and TFollower on 2 live accounts with slightly different settings and both accounts provide really good results. Just use the standard recommended settings by author, don´t overclock your account and let them do their job. I´m over 60% on both accounts in 15 and 21 weeks and in acceptable risk settings. Just checkout my signals created with these EAs running live on my account.

Nwish1986
67
Nwish1986 2019.10.02 04:50 
 

I am very happy so far with this EA.

agt1984 Gonzalez
182
agt1984 Gonzalez 2019.09.27 12:11 
 

Well, its well developed program, i tested with a demo account about one month, and with a risk per trade of 0.1 lots with a starting capital of 1000 dollars, it went smothly, and the account grows to almost 60 percent. Now, i tested again with real money and the results are almost the same, 58 percent of grow, but, this time, in almost two weeks. Recomendations: use close losing positions, its better to lose a bit than lose a lot, two,use it only with majors, indexes are to dangerous, three, if you are not sure test it always with a demo account, and about one month of data. Nice Job Evgeniy, your robot is a true work of intelligence.

trannamchau77
26
trannamchau77 2019.09.10 15:55 
 

Satisfied! I hope more and more users use Yellow and actively give feedback so that the author can keep his great effort and motivation for Yellow, because part of my plan is based on it now =))

Maximus Sapiens
26
Maximus Sapiens 2019.07.23 16:45 
 

Working as promised. Programmer is always willing to help. Simply great job!

Mika_m
130
Mika_m 2019.07.13 09:06 
 

O usuário não deixou nenhum comentário para sua avaliação

Stefan Holzner
844
Stefan Holzner 2019.07.10 23:20 
 

O usuário não deixou nenhum comentário para sua avaliação

Aleksandar Beev
536
Aleksandar Beev 2019.02.11 14:25 
 

O usuário não deixou nenhum comentário para sua avaliação

Ishmael Wilson
59
Ishmael Wilson 2019.01.07 21:59 
 

I like to manually trade and I use Yellow as a back up Strategy because it makes profit on The Majors! Thank You For Keeping Traders Out of Harms Way... And Kicking Donkeys for a living!!

Michael Rauh
50
Michael Rauh 2018.11.28 12:07 
 

I use this ea on real money account for 3 month, it works so great, 20 percent growth . Great great great job !!!

pelumitunde90
54
pelumitunde90 2018.11.15 20:22 
 

O usuário não deixou nenhum comentário para sua avaliação

12
Responder ao comentário
Versão 8.3 2021.08.19
Optimized for slow servers. The update is important.
Versão 8.2 2021.08.09
The order of closing positions, if ClosePreviousPositions = true, was changed.
Versão 8.1 2021.08.04
Code was optimized.
Versão 8.0 2021.07.28
Code was optimized.
Versão 7.9 2021.07.20
1. The possibility of semi-automatic trading was added. If the parameters Autotrading = false and ShowTradingPanel = true, the EA allows user to open positions manually, with following automatic maintenance of positions.
2. If the Autotrading parameter = true, the EA works in the normal automatic mode.
3. MaxSpread parameter was added - under certain conditions (most often at European nights) positions are opened only if the current spread is less than the value of this parameter.
Versão 7.7 2020.02.22
QuotesMult parameter was added. It gives an opportunity of trading on metals and CFDs.
Versão 7.6 2019.11.18
1. Parameter Old_Style_M5_Trading was added. It allows to trade in mode of previous versions of the EA on M5 timeframe.
2. Formula of AutoLot calculation was changed.
3. The results of the EA testing on EURUSD pair with different parameters were posted in Comments. But recommended parameters are set by default.
4. Code was optimized.
Versão 7.1 2019.11.07
Parameter SafeMode was added - it turns ON/OFF built in trend filter.
If SafeMode=false, it's recommended to use TrailingStop.
Versão 7.0 2019.11.01
1. Code has been optimized - the expert advisor has become faster.
2. Two market entry strategies have been combined into one.
3. The working timeframe has changed to H1.
4. Parameter MaxLotSize has been added - the maximum lot size can now be controlled.
5. Default settings and description have been changed.
6. New video guide.
Versão 6.6 2019.10.16
Code was optimized.
Versão 6.5 2019.09.06
1. Code was optimized.
2. Trading time limits for different time zones were improved.
3. Protection from long-term execution of orders by broker was implemented.
4. Overview was updated.
Versão 6.1 2019.05.08
Code was optimized.
Update is important.
Versão 6.0 2018.11.17
Code was optimized for new versions of MT4.
Versão 5.9 2018.11.04
Opportunity of trading on symbols with integral quotes was added.
Versão 5.8 2018.10.14
Possibility of trading on DJI was added.
Versão 5.7 2018.09.29
SafeMode parameter was added.
If SafeMode=false, the EA turns off additional filter and opens trades like version 5.4
Versão 5.6 2018.09.24
Code was optimized.
Versão 5.5 2018.09.19
1. New filter for order opening was added.
2. New parameter was added.

ATTENTION!
1. For correct trading you need to download H1 and D1 history to your terminal.
2. It's not recommended to run updated version on charts where you have positions that were opened by earlier versions of Yellow EA. Wait for their closure.
Versão 5.4 2018.08.16
Small bug with stoploss was fixed.
Versão 5.2 2018.06.15
Added the "SaveDeposit" parameter, which allows automatic regulation of order series closure.
Versão 5.1 2018.05.18
Improved the info panel.
Versão 5.0 2018.05.17
1. Added the information panel.
2. Added the ability to select the trading time.
Versão 4.9 2018.04.25
Order of position closure was improved.
Versão 4.8 2018.04.18
Fixed MaxPriceCorridor parameter.
Versão 4.6 2018.04.06
Added the ability to trade on 4-digit quotes.
Versão 4.5 2018.03.20
1. Optimized the code.
2. Added the ability to increase the lot with small multipliers (1.05, 1.1...).
Versão 4.4 2018.02.14
Option of manual selection of price corridor was added.
Versão 4.1 2018.01.11
Now, the price corridor is detected automatically.
Versão 4.0 2017.11.29
One more strategy of opened orders management was added - ClosePreviousPositions parameter.
Versão 3.1 2017.09.20
Added new strategies.
Added new parameters.
Changed the working timeframe.
Versão 3.0 2017.09.15
Version 3.0 doesn't create additional files on your computer.
Versão 2.0 2017.09.15
Added ability to trade a bigger lot size.