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White Rose EA

!Please note! - The White Rose EA should be looked at more like a trading tool than a fully automated advisor, The EA has been designed to reduce the workload associated with high frequency trading. We recommend that you find the most suitable market conditions & then let the EA run during these times. Here are a few tips to help you get the most out of the software;

Quick Guide // How I Use The Software;

  1. Identify ranging markets or weak trends with regular pullback
  2. Check there are no upcoming high impact news events or potentially volatile situations (The Forex Factory Calendar is highly recommended for this)
  3. Initiate the software with your chosen parameters & supervise. EURUSD M1 is a good place to start for new users.
  4. Some users like to set profit targets & then de-initialize after they have been reached but this depends on your trading style.


Back Testing Note - The EA was not designed to run at all times - Backtesting will show balance drops during unsuitable conditions, the best way to test the software is by using a demo account.



Full Guide & Tips

The best way to use this EA is to look for ranging markets or weak trends with pullbacks and then to let the EA run during these times.

- If you suspect a strong breakout is occurring & you have open trades then you may want to consider cutting your losses, a small loss can be recovered, full balances can not. The goal of trading is to make long term profits, sometimes that means accepting short term losses. On Monday the 21st of September 2020 EU stocks opened much lower than the Friday close (amidst fears of a second coronavirus wave). This caused a strong downtrend on the EURUSD pair and is a prime example of when to cut losses and to switch the software off.

- The software should be run on a VPS server with a fast connection, the software has been designed to take small profits from minor market deviations. A fast connection is essential to capitalise from these positions.

- Please run the software on demo accounts before going live - The EA trades in a way that may not suit all traders so please understand and familiarise yourself with the trading style and expected drawdown levels. Please determine an acceptable drawdown limit for yourself and adjust your stop loss accordingly. 

- The software can trade any pair under the correct conditions however we recommend that new users only trade EURUSD M1 until they are comfortable using the software.

- The EA strategy is to take small profits per trade from minor market deviations.


Free Version Features

-Two built in safety features (stop loss in both currency £150 & pip value 100)

- Easy to use 

- Spread & slippage protection (Both 2)

- Optimized for sell orders only


No martingale system is used but the EA can open multiple positions in the same direction when a new signal appears, they will all be the same lot size. It works with basket profit. Please backtest on EURUSD M1 with 100% data and a low spread of 0-3.

This version trades 0.01 lot size and has been optimized only for sell orders

-

The data used is 100% Tick data from Tickstory - Less accurate data will show less accurate results.

This version has no adjustable parameters. Visit whiterosefx.com to ask any questions.

Requirements

- A zero spread / razor / raw spread account 

- It runs on the EURUSD M1 chart

- Minimum balance of £500 with 1:500 leverage

- Fast reliable VPS, <20ms connection. The MQL5 one works well.


Back test results are with 100% Tickstory data. 

Comentários 4
R. Tjahyo Sembodo
468
R. Tjahyo Sembodo 2020.10.13 08:46 
 

Been running it for more 2 weeks in demo and live.. I like this EA so far.. Thank you and keep the good work!

Jonah3000
267
Jonah3000 2020.09.24 18:14 
 

Good for when market is going down. I like it.

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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
Forex Warrior
Dmitri Zaitsev
Forex Warrior is a martingale grid Expert Advisor, which trades simultaneously long and short using a carefully chosen martingale-based strategy. Trades are added to the basket by pending Buy Limit/Sell Limit orders. Forex Warrior analyzes the market conditions and adjusts trading lots and take profit levels according to the direction of the main trend. All trading orders opened by Forex Warrior are assigned individual stop loss levels, which helps to control trading risks. Settings SetName –
199 USD
Scalper MultiCharts
Denis Nikolaev
Scalper MultiCharts - totalmente automático multimoedas sistema de negociação para a noite de escalpelamento.  Versão do conselheiro ScalperMultiCharts para o terminal de MT5 https://www.mql5.com/ru/market/product/33510 O acompanhamento do trabalho de conselheiro, você pode ver aqui  https://www.mql5.com/ru/signals/732551 Características  -Conselheiro comercializa no EURUSD, usd / chf, gbp / usd, usd / cad, USD / jpy, aud / usd, o NZDUSD, AUDCAD, AUDCHF, AUDNZD, CADCHF, EURCHF, NZDCAD, EURCAD
149.99 USD
Moving Average Envelope tfmt4
GTV Holdings, LLC
The Moving Average Envelope system has an entry based on the price breaking out of an upper or lower envelope created by a percentage of a simple moving average. As the price breaks out of the envelope, this EA opens a new position to catch a trend if the price continues to move. The SMA in the middle of the envelopes is used as a trailing exit when the price reaches it. Note that the envelopes must be set for each timeframe and symbol as they are not dynamic to set the correct envelope range ar
10 USD
Black Horse
Ramil Minniakhmetov
 Black Hourse full auto Expert Advisor   uses Ant channels in its work. It is based on short-term reversal patterns that take advantage of the tendency of currency pairs to move towards the mean. Real operation monitoring as well as my other products can be found here:   https://www.mql5.com/en/users/mechanic/seller The settings will be added in the comments #28 as they are optimized.    Telegram is  here . Inputs Value: NewCycle  — when enabled, the EA works non-stop, otherwise, the EA do
99 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
Stenvall Invest
Gennady Sergienko
default settings:           EURUSD M5   (or you can set the sets that are used on ICM signals from here -   set standart.set ) email:                   lleonea.com@gmail.com telegram for pm:  @leontolstoy Does not use dangerous strategies such as martingale or grid. Orders are protected by a real stop loss. No deceptive strategies such as breakout, impulse or rollover trading. You don't need a VPS or a low spread or anything like that, just a market execution with a hold of 1-4 hours and an a
799 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
Filtro:
Kan Leung
53
Kan Leung 2020.10.19 16:45 
 

lost over 100USD with in few hours, danger

R. Tjahyo Sembodo
468
R. Tjahyo Sembodo 2020.10.13 08:46 
 

Been running it for more 2 weeks in demo and live.. I like this EA so far.. Thank you and keep the good work!

Tom Makken
28
Tom Makken 2020.09.25 14:14 
 

Usuário não fez qualquer comentário quanto a classificação

Jonah3000
267
Jonah3000 2020.09.24 18:14 
 

Good for when market is going down. I like it.

Responder ao comentário
Versão 1.2 2020.09.28
Essential code updates & new user guide.
Versão 1.1 2020.09.21
Updated parameters