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Corvett

The Corvette EA trades in the direction of the price momentum. When a sharp up or down movement appears in the market, the EA places an order in the direction of this movement. Those who have traded the news know that an attempt to enter the market on momentum can fail, especially if you enter the market or stop orders. The main problem here is slippage. On the other hand, if the momentum is large enough, even if you open with slippage, you will still get the result. The Corvette EA has a limit on the number of orders - 3.

When testing high-frequency Expert Advisors, it should be taken into account that the MetaTrader 4 tester does not take into account slippages, requotes and floating spreads. Therefore, any test can only give a rough idea of ​​how the advisor will behave on a real account.

In any case, before placing such a robot on a real account, you need to decide on the approximate settings and currency pairs for trading. That is, first you need to find out the potential of trading instruments. For testing, you can limit yourself to only major pairs. The cross-rate provides little information for the test because it is easily calculated from the same majors.

Let's define how the impulse for opening a position is determined.
The ExtraLength period (for example, 8 ticks) in the EA parameters determines the period of the indicators recalculation. Roughly speaking, this is the EA's internal timeframe. Every 8 ticks, the advisor calculates in which direction the price has moved relative to the previous value and by how much. If the size of the movement is larger than the average and is greater than the value of the minimum shift, then a Buy or Sell order is opened, depending on the direction of the shift. The position of the internal indicators relative to zero is also taken into account.

But the question of fixing profit / loss remains. It is important to have time to fix the order before the price reverses back. To close positions in the Corvette Expert Advisor, a primitive take profit or profit / loss method is used as a percentage of the deposit. When the profit / loss on positions reaches a certain value, orders are closed. The advantage of this method is simplicity and predictability of profitability.

Parameters:
  • ExtraMagic - magic number;
  • ExtraTP - take profit;
  • ExtraSL - stop loss;
  • ExtraLength - period;
  • ExtraLot - lot;
  • ExtraLotForDepo - lot as a percentage of the deposit;
  • ExtraLimitSpread - spread limit;
  • ExtraTick - minimum tick size for accounting;
  • VirtualTPforDepo - virtual current profit as a percentage of the deposit;
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Allways Win Dax30 Ea MT4
Pankaj Kapadia
*******************ALLWAYS WIN DAX30  EA  MT4************* THIS EA IS BEST WORKS ON  5 MINUTES TIME  CHART    LIVE DEMO ACCOUNT TRADING HERE:  New Signal  https://www.mql5.com/en/signals/797008   MAXIMUM SPREAD IS 5 POINT FOR BEST RESULTS. SET FILE IS COMMENT SECTION FOR TESTING. Please Use This Set File For Testing Ea on 5 M time Chart From Comment Section. GO TO EA SETTINGS AND SET WORKING TIME IS M 5 ATTACHED EA ON M5 TIME CHARTS                                                  SET LOT SIZE A
9 999 USD
MT4 iMetaTrade
James Lloyd Mason
iMetaTrade is a revolution in Trend trading. Not only does it always follow the trend on every trade, it manages to take a quantitative view of the forex market as a whole. Using complex internal algorithms, it follows institutional market movements.  This is a professional multi-currency EA, conveniently running all pairs from one chart. It is infinitely customisable to individuals’ goals and risk appetite. It can trade any currency and we recommend testing various setups to appreciate its f
995 USD
FS Rapid
VLADIMIR SHEVCHENKO
Automatic advisor using the Bands indicator (Bollinger Bands). The adviser is based on the results of several years of research into various strategies. The advisor processes each new tick comparing with historical data, calculates with high probability market movement, and produces trading transactions. The advisor has an algorithm for automatic calculation of the lot volume on the basis of the balance sheet, which allows to start trading with a deposit of $10 . The advisor has a risk parame
1 150 USD
GerFX Momentum Capture EA
Exler Consulting GmbH
Before you buy this EA, please be aware that: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. The EA tries to detect the start of a new trend after bank events and speeches. It has multi-currency and multi-timeframe capabilities. After detecting strong price action and momentum, it wi
600 USD
GerFX QuantFlow Scalper
Exler Consulting GmbH
Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but stil
900 USD
Ambaru EA
Hadil Mutaqin SE
Ambaru EA is a fully automated trading system which trades based on market movement to identify trend and signs of reversal with breakout strategy. Each trade is protected by Stop Loss and adaptive trade management algorithm to minimize drawdown. The system is optimized for the currency pair EURUSD and recommended to use ECN/STP broker with low spread, low commission and fast execution. Parameters UseMM - set to true to enable auto money management. RiskPercent - risk per trade if UseMM is tru
1 000 USD
Crude oil guru
Paschal Uchenna Ugwu
O robô emitido (COG) é o resultado de vários anos de prática de pesquisa comercial em milhares de estratégias, vários indicadores de previsão, com o objetivo de criar a beleza da perfeição do comércio on-line. Ao combinar várias estratégias e algoritmos desse robô para alterar cada preço de tick , com a máxima precisão e velocidade da luz. o que você precisar como trader, o robô fornece em uma fração de segundos A vantagem importante deste EA é que você pode começar a negociar com um depó
30 000 USD
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