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Rebate System Overlap

Rebate System performs a large number of trades with the minimum profit, which gives the opportunity to earn from receiving rebates (returning part of a spread).

It is based on two grids (buy and sell), when one of them is in a drawdown, the other one can enter with an increased lot size, keeping the account away from the drawdown.

Differences from the usual EA Rebate System in the mode of closing long-term losing trades in one of the grids due to the previously received profit.

Input parameters

  • StopAfterTP – stop trading after closing all grids;
  • SetName - Name of set, checked with the name of the currency pair;
  • TF_FirstOrder – period for opening the first orders in the grid;
  • TF_SeriesOrder – period for opening averaging orders;
  • Lot – lot size;
  • Takeprofit – take profit;
  • StepNextOrder – the minimum allowed distance between grid orders;
  • LotMultiply – multiplier for the lot of the current open order of the grid;
  • MaxTrades – the maximum number of orders in the grid;
  • Overlap order number - Order after whom enable the mode of closing the most distant orders with the profit already received;
  • Raise take after overlap - Increase the take after the overlap is triggered

Lock parameters

  • Lock - number series – the number of order in the series after which the opposite grid increases the lot for locking;
  • Lock - % lots grid – locking percentage, lot size as a percentage of the sum of the opposite grid;
  • Lock - max lot – the maximum lot size of the first locking order.

Other parameters

  • Close at drawdown, % - Close all orders when the specified drawdown on the account is reached;
  • Pause after close, hour - How not to trade after the closing of the drawdown;
  • Slippage – slippage;
  • MagicNumber – identification number;

Visualization parameters

  • Color_BE_buy – color of the breakeven level for buy orders;
  • Color_BE_buy – color of the breakeven level for buy orders;
Parameters are for four-digits quotes, they will be multiplied by 10 on five-digit instruments.
Comentários 1
Michael
776
Michael 2020.07.09 12:45 
 

Very impressed. DD has been really low. And great return. Way too cheap.

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This is a full automated Multi-Currency Trading System based on price action analysis, algorithm and logic functions to find out what the STRONGEST currency is and what the WEAKEST currency is, then pairing and focus on that symbol pair to trade. It is combined with Breakout Trading Strategy and Loss Recovery Trading Function instead of Stop Loss. This Expert Adviser can also give traders the overview about the whole currency market in specific time frame series and traders can make their own de
150 USD
CSM8Pro
Indra Lukmana
Why Selecting our product ?  Our smart system expert advisor calculates a unique Currency Strength detection to select the best currency to trade on the right time. The algo intelligence system will calculates continuously on the live tick market. The parameter provided gives you the flexibility and capability to explore the variability deeply on any highest potential outcome in your trading account. Strategy involved Currency Strength Meter Smart way to open and close order Automatic Smart
99.99 USD
Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
199 USD
PipFinite Trend Grid EA
Karlo Wilson Vendiola
Smart Grid Trading Expert Advisor Based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes EA will only work on LIVE if you purchased the indicator: PipFinite Trend PRO M
98 USD
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
145 USD
ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 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
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Michael
776
Michael 2020.07.09 12:45 
 

Very impressed. DD has been really low. And great return. Way too cheap.

Responder ao comentário
Versão 2.2 2020.07.21
The old algorithm is returned, and the take profit is modified only for a decrease.
Added the "Raise take after overlap" parameter to allow increasing the take after the overlap is triggered
Versão 2.1 2020.05.08
Fixed modification of take profit after overlap