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EA Supersonic MT5

Supersonic is an EA, which uses Relative Strength Index (RSI), Average True Range (ATR) Indicator and Candlestick Pattern to indicate the best entry for a trade. Various backtests have shown a high win-rate for currency pairs EURUSD & USDJPY since 2003.

Supersonic does not use martingale, grid or averaging.

The EA will open just one trade per pair  and this trade will be covered by SL. Therefore, Supersonic doesn't use any high risk money management system.


MT4: https://www.mql5.com/en/market/product/61439


Recommendations

Currency Pairs
EURUSD & USDJPY
Timeframe
H1
Settings
Default or own optimization
Broker & Accounttype
ECN or Raw Spread
Min. Deposit
100$ or € per pair
Fifo
Yes (1 trade)
VPS
Low Ping


Settings

//-- General Trading Settings

Start Trading: true or false
TakeProfit: Fixed take profit or 0=auto. TP will be calculated by ATR indicator
StopLoss: Fixed stop loss or 0=auto. SL will be calculated by ATR indicator
Maximum Spread: Maximum allowed spread
Slip: Maximum allowed slippage
Magic Number: Magic Number
Set name & Comment for order: Individual trading labels

//-- Settings for optimization

Level for auto TP in % (ATR): If TP=0, then percentage of auto calculation for TP based on ATR (the greater the percentage, the greater the TP)
Level for auto SL in % (ATR): Same as TP just for SL
Period RSI: RSI measure
High Level RSI: RSI measure
Low Level RSI: RSI measure
Use return signal for close order: true or false (if true, Supersonic will close the trade, when RSI countersign appears)
Period RSI for return signal: RSI measure for return signal
High level RSI for return signal: RSI measure for return signal
Low level RSI for return signal: RSI measure for return signal

//-- Day Filter (for order opening)

Monday: true or false
Tuesday: true or false
Wednesday: true or false
Thursday: true or false
Friday: true or false

//-- Risk Management

Lots: Number of lots (if you want to use fixed lot, please set Risk=0)
Risk: Risk for autolot calculation. Risk 1 = 0,01 lot per 1.000 balance
Use timeout to close the order: true or false; if true, Supersonic will close the order after X hours
How many hours to close the order: Number of hours

//-- Trailing Stop

Use Trailing SL: true or false
Fixed trailing size: Trailing SL distance
Correction trailing stop size: Points of SL steps/movements


Full backtests in the comment section. Please get in touch with me, if you have any further question.



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