StableTurtleBase
- Эксперты
- Версия: 1.0
Strategy
EA is based on entry and exit signals generated by multiple systems, in other words bot is fully automated and manual overlook is to necessary. Due to this logic, TP is not used at all and SL is in place only as a safety net, since trades are usually closed before hitting it. SL is triggera only when market conditions shift significantly. Each system uses mean reversion strategy, what can sometimes result in similar entries. Goal is to spread the risk acrossm multiple systems, so that even if one struggles, others compensate and outweight a potential loss.
Settings
You likely noticed that in the settings you will only find lot size and risk per trade with an enable toggle. Unfortunately, people could misuse the fact that this EA is free by renaming it and reselling it outside of MQL5. For this reason, I decided to leave only these necessary settings available, so that people don't mistreat my efforts and openness.
------ Setup ------ Symbol: XAUUSDTimeframe: M15 Minimum capital: $5,000+ Account type: Standard (no need for low spread) Trading frequency: avg 2 trades per day VPS: Highly recommendedStableTurtleMT5 is my other EA using similar logic as StableTurtleBase. If you are satisfied with StableTurtleBase, I recommend taking a look at StableTurtleMT5.
