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Reversal Overlap Bot mt4

Reversal Overlap Bot is an automated trading strategy. No technical indicators are used in the work. At the beginning of trading, the first order is placed in a certain direction (at your option). When you open a new candle, this order is closed if it is in profit. Otherwise, the next order opens in the opposite direction. Orders are closed when profit is reached. If there are unprofitable orders on the chart, the robot will close one of them. When closing loss-making orders, the profit covers these losses.

 

The settings of the robot:

 

Work continues – Continue (true) or not continue (false) the trading cycle. If the parameter is set to false, the EA gradually closes the current orders by profit, a new trading cycle does not start.

Initial lot – Lot of the first order of the cycle.

Maximal lot – Maximum lot, set manually. The robot will not place orders with a lot that is higher than the specified lot. The robot would not use the lot which more than the broker wants.

Maximum number of orders – The maximum possible number of orders placed on one trading symbol.

Lot multiplier – Lot multiplier for subsequent orders. The lot is calculated based on the number of orders on the trading symbol.

Zone of silence – The zone is measured in points from the placed order up and down. In this zone the robot does not new orders while an existing order would not close. Even spread is taken into account. It made to reduce the risk of large drawdown.

Amount of overlap of losses in the Deposit currency – The parameter is set in the Deposit currency. This is the profit that remains after closing loss-making and profitable trades. After opening two orders on a trading instrument, the robot uses the loss overlap mode and in real time monitors the profit of transactions and at any time can close them on this parameter.

Initial order type – The direction of the first order in the cycle. Usually does not play a special role, but I decided to enable this option for freedom of choice.

Orders closing mode – Option to close losing orders together with profitable orders. Or at the minimum ticket, it means that the oldest order will be closed at a loss. Or at the maximum drawdown, the most unprofitable order on the trading instrument will be closed.

Slippage – Parameter of delay between execution of trades.

Magic number – A unique identifier of orders, with the help of which the robot "recognizes" its trades and does not work with others. "0" is a magic of manual trades. If you run the robot on a chart with its trades, it will just pick them up and continue trading.

Maximal drawdown – Parameter in the Deposit currency. Upon reaching this indicator, all orders on the chart will be forcibly closed.

Show info panel – show/ do not show dashboard.

 

Dashboard data: 

 

The upper block shows: the percentage of the current drawdown from the funds on the Deposit balance, the current profit of BUY and SELL orders, the number of BUY and SELL orders, their total number, the balance state.

The lower block shows the parameters that were set when the EA was launched. You can always make sure that the settings are set correctly. I made it to once again not to press the F7 key.

 Before installing on a trading instrument, I recommend to optimize the parameters of settings for a period of not less than two years.

To diversify risks, I recommend the simultaneous launch of the expert Advisor on several terminals, so I set the number of activations to 10.


 Thank you for your interest and good luck in trading!


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Wim Schrynemakers
!! RED HAWK - LAUNCH PROMO !! ONLY 7/10 COPIES AVAILABLE AT 149$ NEXT PRICE -> 199$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. My recommended broker for this strategy :  https://www.icmarkets.com/?camp=4
149 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
Spider Crazy Pro
Michela Russo
Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, then we see an high resistance to slippage Spider  Crazy Pro 
199 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,
2 200 USD
Friday Monday
Konstantin Kulikov
This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. I have been using this strategy for a long time with my "Breakthrough Strategy" EA. I intentionally did not over-optimize the sets for "Breakthrough Strategy", as they have been showing good results for a long time on a real account:   https://www.mql5.com/en/signals/395124   . Therefore, as an alternative or addition to the "Breakthrough Strategy" I created this Expert Adviso
280 USD
GOLD EAgle mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!!   🏃   🏃   🏃   This GOLD EAgle is created for the XAUUSD (GOLD). This is a trend strategy that uses the TrendLine PRO indicator and trades on the M1-M15 timeframes The EA has a mobile trading panel for managing auto-trading functions and the ability to open trades manually. All trades opened by the trader in manual mode will be closed with a profit using the DD Reduce Functions settings We can say that the task of the EA is to bring any trade to p
125 USD
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
399 USD
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Versão 1.1 2020.04.28
Optimized the algorithm. Fixed graphics bugs.