NearTheMarket

NearTheMarket is a fully automated trading EA  with an excelent predicting criteria to enter into Market. First it opens market orders, buy or sell, with a predefined Take Profit. If after a specified time the trade is still open, the robobot deletes the Take Profit and opens a limited order with a lots amount equal to a multiple of lots of the market order.

The mission of the robot is to get the PayOffPrice (average price of the net position) closer to market price.

Again, if open orders are on both sides the robot opens a new limited order on the side with more open lots when the PayOffPrice is under or over, a certain amount of points respect to the market price.

So, trade is closed by Take Profit or, all together, by a Closing Function when a target profit is reached.

In the free version no input parameter are available, execpt MaxSpread  value.

You can use or test the robot on a real or demo account, type ECN or STP,  with a minimum amount of 10.000 USD or equivalent and  with a leverage 1:500. I suggest to start with EURUSD M1.

Normally the drawdown should not go over 30% of the balance. The spread applied by the broker may be up to 20 points (2 pip).


Principal input parameters:

MaxSpread             - set the maximun value when your broker does not apply a commission. With a commission the MaxSpread must be around 2. 


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Lachezar Krastev
Experts
FOREX MEGA SALE! 50% OFF! Buy WallStreet GOLD Trader with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! WallStreet GOLD Trader Live Results:  https://www.mql5.com/en/signals/2389404 WallStreet GOLD Trader is a professional Expert Advisor designed specifically for trading Gold (XAUUSD) . Its trading concept is based on the core principles behind the WallStreet trading technology — a straightforward but powerful approach focused o
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5 (6)
Experts
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Shane Lee
5 (1)
Experts
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Connor Michael Woodson
Experts
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Burak Baltaci
3 (2)
Experts
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Ida Bagus Putu Mahardika
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EA G2 Trend Following by Ida Bagus Putu Mahardika PRODUCT OVERVIEW EA G2 Trend Following is a fully automated Expert Advisor that intelligently fuses the Arnaud Legoux Moving Average (ALMA) with Market Structure (SMC) logic—identifying Support/Resistance and Break of Structure (BOS) with surgical precision. Integrated with a real-time ForexFactory News Filter, it is engineered to protect capital during high-impact news while maximizing trending opportunities. PROVEN BACKTEST RESULTS (XAUUSD M1
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DMITRII GRIDASOV
5 (3)
Experts
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Rodrigo Arana Garcia
5 (1)
Experts
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