Beast Super Signal EA
The Beast Super Signal EA based on our highly popular Beast Super Signal indicator. It is a simple, and easy to use trend based EA. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion levels.
The Beast Super Signal EA will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the EA will open a new buy or sell order.
To get the Beast Super Signal indicator click HERE!
The Beast Super Signal EA can be used on ALL Currency pairs, Indices, Commodities, and Cryptocurrency pairs!
The EA is extremely versatile and can be used successfully on all time frames!
Please note the indicator is NOT optimized for trading Stocks, Indian Stock Market or MCX Exchange!
There are multiple money management options like using fixed lot or % of account balance.
There are also 2 options for setting the SL & TP levels of the EA.
1. SL & TP using average daily range volatility.
2. SL & TP using fixed lot.
There is an additional filter to increase or decrease the amount and frequency of signals, the Signal Strength Period. The higher the filter is set the fewer signals you will have, but with increased accuracy. You can change the input to your preferred level for trading.
The EA has multiple alert options including pop up alert, email alert and push notification alert.
There is also a martingale option to recover previous losing trades, and minimize losses on the account. There are 2 options to use martingale, double up and Fibonacci sequence. Using double up will follow the doubling up logic, and using Fibonacci sequence will follow the Fibonacci series logic. Our preference if you use the martingale option is the Fibonacci sequence as it is a lower risk than double up.
Parameters & Description
- Max Spread - Select max spread.
- Slippage - Select slippage.
- Magic Number - Select magic number.
- Trade Comment - Select trade comment.
- Use Martingale - Select to use Martingale function or not.
- Max Martingale Level - Select the max amount of levels for Martingale.
- Max Order per Pair - Select the max orders allowed per pair.
- Lot size - Select the lot size you want to use.
- Use Risk % Of Account Balance - Select if you want to use % of account balance.
- Risk Percentage - Select the risk % you want to use.
- Account Equity % Limit - Select the max equity % limit for the EA to operate before closing orders.
- Use Hidden Stop Loss & Take Profit - Select to hide the SL & TP from the broker.
- Use Take Profit In Points. - Select to use fixed take profit in points.
- Take Profit In Points - Select your fixed take profit in points.
- Use Stop Loss In Points - Select to use fixed stop loss in points.
- Atop Loss In Points - Select your fixed stop loss in points.
- Overbought Entry Zone - Select the Overbought level.
- Oversold Entry Zone - Select the Oversold level.
- Signal Strength Period - Set the strength period. The higher the strength period the less signals you will have but with increased accuracy.
- Use Time Filter - Select to use the EA to trade between specific times of day.
- Use Pop Up Alert - Select to enable Pop Up alerts.
- Use Push Alert - Select to enable Push alerts.
- Use Mail Alert - Select to enable Email alerts.
If you have any further questions please feel free to ask, and I'll be happy to assist you. I wish you best of success with the new Beast Super Signal EA!
1. We fixed a bug where if you were using the default SL & TP levels the EA would open and close the orders at entry price. This is now fixed and the EA will set the correct SL & TP to match 100% with the indicator levels.
2. We have revised and updated the SL & TP levels so now they are more adaptable for the time frame you trading on and more profitable. We found in our testing that with the new levels the indicator has better overall results.
3. We fixed some minor bugs that might have caused some false signals depending on the brokers data history. Now all the signals you see on the chart are 100% valid according to the internal strategies of the indicator.
With this update you might see fewer signals as before (depending on your settings), but higher quality. As always we focus on quality not quantity.
We have also updated how the EA calculates the SL & TP levels improving the success rate of reaching the suggested TP levels.
We simplified the internal strategies removing many limitations that the previous version had, so now you can trade successfully on any time frame and more variety of assets. We also managed to increase the accuracy so now you can have more success making profits using the new and updated Beast Super Signal EA!
We have also added a martingale option as we noticed that by using this option you can recover any previous losing trades thereby reducing overall loss on the account. There are 2 functions to use martingale, double up and Fibonacci series. Using double up will follow the doubling up logic, and using Fibonacci will follow the Fibonacci series logic. Our preference if you use the martingale option is the Fibonacci series as it is a lower risk than double up.