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Bar Mode MT5

VERSION 2.0 IS NOW LIVE!


MT4 Version here: https://www.mql5.com/en/market/product/56543

You can use or backtest using the default settings on a EURUSD chart using H4 timeframe. You can find more set files here.

All set files are optimized from 01-01-2019 to date. 


An automated system that uses bar opening and closings to consider opening or closing trades. It uses a special algorithm to increase profits per trade and it uses grid to recover losing trades.

Does not work on Netting accounts.


For monitoring signals please visit my profile:

https://www.mql5.com/en/signals/author/readytogolive

Minimum funds is $250 and a broker with 1:500 leverage recommended. 


  Recommended broker

  Raw Spread account, USD, 1:500 leverage

  Set Files here
   


HOW TO BACKTEST

  • 2 years should give you a good idea on what to expect, however you can optimize it for a longer period if you wish.

  • Make sure you have enough tick data for 2 years. If not, download the tick data from Meta Trader servers.  Go to Tools->History Center-> Click on EURUSD M5 and click Download.

  • If you are back testing with default settings please make sure you use the EURUSD symbol and  H4 timeframe.

  • Select spread as '2' on Strategy Tester. 

  • Remember, the set files are optimized for 01-01-2019 to 22-02-2021 (2 years+). So, either back test for the last 2 years or optimize it for more than 2 years.


EA Parameters:

Do not open new trades: If -for any reason- you would like the EA to stop opening new trades, set this option as 'True'. It will continue managing existing trades (closing them with tpl/sl) but it will not add any new trades. 

Trade direction: If -for any reason- you want the EA just consider buying or just selling, change this as required. Otherwise keep it as 'Buy and sell'.

Number of bars, Number of opposite bars, Opposite bar position : The strategy works based on how bars open and close. These are where we set the values.

Minimum movement in pips: To avoid trading in very slow markets the EA will check minimum movement to consider opening a trade.

Maximum Spread(in pips): If the current spread is above this value, it does not open a new order.

Magic Number: If you are using this EA on multiple charts, make sure the Magic Number is different on each of them.

Comment: Comment you wish to see on the trade. If you are using the EA on multiple charts make sure to change the comment to something you can recognize. 

Auto Lot Per 1000: Enter here the lot size you wish the EA to open per $/£/Eur 1000. 

Auto lot TP (% from balance): EA takes profit when the difference between the last and the first order reaches this percentage.

Stop Loss: You can set a stop loss in percentage using this section. 

Close all trades if the global DD reaches(%): Global drawdown is the DD on your terminal, not necessarily only the trades opened by this EA.

Stop trading if the global DD reaches(%): If the drawdown on your terminal exceeds the defined value, it will stop opening new trades until drawdown improves.

Grid type:  Incremental: 0.01, 0.02, 0.03 etc, Fixed: 0.01, 0,01, 0,01, 0,01..etc..

Repeat trade when loss reaches, Number of closed bars : Set here when you would like to add a new trade.

Close all positions every time the equity goes down by %: Depending on your risk appetite you can choose to close all trades when there is a certain % of DD

Repeat trade when loss reaches multiples of (points): You can set here when you expect an additional trade to be opened when a trade goes in loss.

Level Limit per Magic Number: Maximum number of trades that can be opened per pair.

Recover mode starts on level: When there are this many trades open, it will start the recovery mode to close trades in break even instead of trying to turn profit. 

Trading starts/Trading ends: Time settings

Friday Settings: If activated, the EA can close all trades at a specific time on Fridays to avoid leaving trades open during the weekend.

Show panel: If you are using the EA on many charts, disable the panel to improve performance.


PLEASE NOTE THAT MARKETS CHANGE ALL THE TIME AND PAST PERFORMANCE IS NOT INDICATION OF FUTURE PERFORMANCE.  USE THIS EA AT YOUR OWN RISK AND TRADE RESPONSIBLY. 



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Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. IMPORTANT FOR AUTOGMT:   Add the address ' https://www.worldtimeserver.com/' in the list of allowed URLs on ta
299 USD
Trend Line PRO EA mt5
Evgenii Aksenov
5 (1)
Uzman Danışman, Trend Line PRO göstergesinin sinyalleri üzerinde işlem yapar Önemli! Trend Line Ea'yı satın aldıktan sonra INFİNİTY destek sohbetinde kişisel davetiye almak için benimle iletişime geçin Siparişler otomatik olarak yönetilir. EA, önceki işlem zararla kapatılmışsa sipariş boyutunu artıran bir Kurtarma işlevine sahiptir. Aynı anda 1 ila 3 sipariş kullanabilirsiniz. Uzman Danışman, gösterge sinyallerine ve FIFO kurallarına tam olarak uyar, minimum 100 $ depozito ile işlem yapma
199 USD
Champion MT5
Evgenii Aksenov
5 (7)
Danışman, canlı bir hesapta aylarca süren bir test geçmişine sahiptir CHAMPİON EA şu anda nihai fiyata indirimli olarak kullanılabilir $9999! Satın alarak Champion EA bugün ikinci danışmanımı ücretsiz olarak alıyorsunuz   https://www.mql5.com/ru/signals/931529   https://www.mql5.com/en/signals/1223409   https://www.mql5.com/en/signals/1264227 Kullanım Kılavuzu:   burada CHAMPİON EA, en uygun giriş / çıkış noktalarını bulmaya dayanan akıllı bir ticaret sistemidir. Bu sistem aylar boyun
399 USD
SIEA Max
Daniel Stein
The keys to success in trading Forex are discipline, patience and a clear edge, as we have with our unique real trading volume analysis. That's our experience of 10 years of trading Forex, and all these key factors are summarized in the Stein I nvestments Expert Advisor (SIEA) series. SIEA MAX   provides a balanced risk-reward ratio and survives all market circumstances easily - even the most critical ones like Corona, Brexit, etc. The system's patience and discipline are rewarded with great
999 USD
Aura Pro
Stanislav Tomilov
5 (2)
Aura Pro is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter which value is used to control the learning process. By contrast, the values of other parameters (typically node weights) are learned. The same kind of machine learning model can require different constraints, weights or le
595 USD
Adaptive EA for MT5
Svetlana Visnepolschi
5 (1)
It is a trainable trading advisor that you can adapt to trade on any symbol. The robot is suitable for trading any currency pairs, metals, oil or cryptocurrencies. To learn, just run the robot in the tester. At the first pass of the tester, the neural network is trained performing random transactions. During the second pass, you can see the trading results using your trained neural network.   Before using the advisor, you can watch the tutorial video. Parameters Lots size   - size for orders;
185 USD
PS Tsunami EA MT5
Miguel Angel Vico Alba
5 (7)
Sinyaller ve diğer ürünler:               https://www.mql5.com/es/users/mike_explosion/seller Grup Sohbeti (Yol Bulucu Sistemleri):       Özel. EA'yı satın aldıktan sonra davet edilmeyi isteyin. Bu EA'nın geliştirilmesindeki ana odak noktası, genellikle piyasadaki çoğu ağ sistemiyle ilişkilendirilen büyük bir DD (Drawdown) riskini ortadan kaldırarak güvenlikti. İyi müdahaleler yapmak için çok çaba sarf edildi ve strateji düzgün bir ızgara ile güçlendirildi. Sonuç, diğer benzer sistemlerden ço
129 USD
YOLO Gold go go
INREXEA LIMITED
5 (3)
Last 9 copies for 3888 USD , next price will be 4218 USD We sell products only on MQL market , if you have seen somewhere to resell with cheaper price , it must be a    faked version   and 100% sure the performance is not real   .   Also will not be supported by us . I am appreciated to join our game and do not risk a cent on   faked version   .  if you want to improve your manual trading skills , YOLO is a good tool for you to train your manual trade , if your decision is not too horrible
3 888 USD
Yazar ile ilgili daha fazla bilgi
MT4 Version can be found here Open trade summaries .  One Click Hedging . Automated Hedging . One Click Close trade sets . Automated closing of trade sets This utility is especially useful if you are using grid, martingale or pyramid strategies. Here is a useful utility to hedge your open trades when the market moves against you.  It gives a summary on how many lots open on each currency pair and allows you to hedge them. It is especially useful when you use a grid EA that opens tens of trades a
30 USD
MT5 Version can be found here Open trade summaries .  One Click Hedging . Automated Hedging . One Click Close trade sets . Automated closing of trade sets This utility is especially useful if you are using grid, martingale or pyramid strategies. Here is a useful utility to hedge your open trades when the market moves against you.  It gives a summary on how many lots open on each currency pair and allows you to hedge them. It is especially useful when you use a grid EA that opens tens of trades a
30 USD
S Mode
Benan Tumkaya
Set files are in 'Comments' section.  S Mode is a system that opens trades in grid and works with hidden pending orders. It uses a special algorithm to partially close trades that move in the wrong direction.  For trades that cannot be closed partially it has a compounding system where a portion of each winning trade will be compounded to close loosing trades in full. The system not only focuses on increasing the account balance but also controlling the DD levels.  It is a one-chart-multiple-cur
100 USD
R Mode
Benan Tumkaya
5 (4)
R Mode is a system that opens trades in grid and works with hidden pending orders, and hidden TP. It uses a special algorithm to close trades when the difference between the last trade and first one reaches a pre-set percentage.  It has a compounding system where more than one trades compound to close the earliest trade in profit. The system not only focuses on increasing the account balance but also controlling the DD levels. To control the DD, after a certain number of trades, it starts 'recov
100 USD
Bar Mode
Benan Tumkaya
5 (1)
VERSION 2.0 IS NOW LIVE! MT5 Version here: https://www.mql5.com/en/market/product/56595 You can use or backtest using the default settings on a EURUSD chart using H4 timeframe. You can find more set files here . All set files are optimized from 01-01-2019 to date. Bar Mode is an automated system that uses bar opening and closings to consider opening or closing trades. It uses a special algorithm to increase profits per trade and it uses grid to recover losing trades. For monitoring signa
100 USD
R Mode MT5
Benan Tumkaya
R Mode is a system that opens trades in grid and works with hidden pending orders, and hidden TP. It uses a special algorithm to close trades when the difference between the last trade and first one reaches a pre-set percentage.  It has a compounding system where more than one trades compound to close the earliest trade in profit. The system not only focuses on increasing the account balance but also controlling the DD levels. To control the DD, after a certain number of trades, it starts 'recov
100 USD
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Sürüm 2.1 2021.09.28
Font issue that occurred on some resolutions is now fixed. Font sizes of the panel is now on the settings section. Change only if you are having issues with fonts being too big for the panel.

Some users reported that the EA does not increase lot size. This issue is now fixed.

Default EA settings are changed so it gives better backtests in the long run. Default settings are only for H4 timeframe.
Sürüm 2.0 2021.02.23
Please note that this is a major update and you cannot use the new version with the old set files. Before you upgrade to the new version please make sure that you do not have any open trades, and use the new set files.

Glitches on multiple chart operations fixed. You can now use the EA with as many pairs as you wish.
Majority of the EA codes have been re-written to make it work faster and more stable
A new panel has been added
New Stop Loss functionalities are added.
Trading times added
Sürüm 1.1 2020.11.22
- Removed the multi-currency feature on the same chart to improve the backtests. You can still use the EA with multiple pairs but you need to install it on each cart separately now.
- Added a new exit strategy and created new set files that are much more profitable on backtests than the previous version.
- Removed some settings that are no longer required.
- Added an option to close all trades at a certain time on Fridays to avoid leaving trades open during the weekends. This feature can be enabled and disabled from the settings section.