PS Tsunami EA MT5
The primary focus in the development of this EA was security by eliminating the risk of a large DD (DrawDown) that is generally associated with most grid systems on the market. A great effort was made to make good innings and the strategy was reinforced with a smooth grid. The end result is much higher returns than any other similar system.
The EA works with EURUSD. The EA works in any TimeFrame, that is, you can change the TimeFrame and the strategy will not be affected both on the chart and in the strategy tester.
Live Monitoring: https://www.mql5.com/en/signals/835988
Telegram Group: Ask the author for access.
- New Cycles: When enabled the EA works without interruption, otherwise the EA will not open new orders after closing the currently open ones.
- Balance % Managed by the EA: Balance that the EA will manage. (Example; Account € 1000, selected 50%, the EA will manage and calculate the lots at the rate of € 500)
- Lots Calculation Mode: Balance Percentage or Fixed. (Example: If we use 1% of a € 1000 account that is € 10 in an account with 1: 500 leverage it will be 0.05 lots.)
- Lots Balance Percent: Whole numbers or with decimals.
- Lots Fixed: Whole numbers or with decimals.
- Martingale Multiplier (Dangerous): Whole numbers or with decimals.
- DD Mode: Disabled, Close/Continue/Push Notif., Close/Stop/Push Notif., Close/Remove/Push Notif., A Push Notif. & Disabled.
- DD Max. % on Balance Managed: Whole numbers or with decimals.
- DD Max. $ on Profit: Whole numbers or with decimals.
- TP/SL MQID© Push Notification: Enabled, Disabled.
- Magic Number (ID EA & Trades): Default '123'.
- Panel (False=Fast Backtesting): Show Panel in chart.
- Panel Font: Select the font type.
- Panel Font Size: Selection of the font size.
- Panel User Comment (Max. 30 chars): Personalized comment in the information panel.
- Line Style
- Line Width
- Line Color Take Profit
- Line Color Stop Loss
- Line Color Grid
- Line Color Break Even
- Broker: IC Markets
- Initial deposit: 1000 (In any currency.)
- Leverage: 1:500
- Account type: Hedging. Standard accounts.
- VPS: By the very nature of the EA (TP, SL and Grid are virtual), it is advisable to use a VPS.
Monetary Management Recommendation
- Withdraw profits until you have the initial deposit in your pocket. Then (if you want) make withdrawals of for example 50% of the profits and leave the rest. In this way the exponential factor will come into play.
- Symbol: EURUSD.
- Modelling: Every tick based on real ticks (It is the most accurate. Historical data between 99 and 100% quality.)
- Deposit: 1000 (In any currency.)
- Leverage: 1:500
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- It is now possible to see on the panel the working hours of the EA.
- Added new notifications based on DD.
- Restructuring of the panel and inputs.
- Replaced the 'Scalping' set with a higher performance set called "Style 2 (New)".
- Redefined the lots selection.
- New strategy based on closing / opening of candles, so it should work in most brokers. The price of EURUSD is quoted the same way in all brokers, so if your strategy tester gives bad results it is because your broker provides a poor quality price history. For greater security I continue to recommend the use of IC Markets.
- Fewer trades, but the same profit / drawdown ratio and higher Sharpe ratio compared to the previous strategy. Please be patient. Trading is a long-distance race.
- Added the parameter 'DD Closing Mode' (more info in the product description)
- Added a parameter for the selection of the Broker. (More brokers will be added in future updates)
- Minor corrections and changes in the ordering of the parameters.
- Added profit withdrawal simulation input for the strategy tester.