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PraNik EA macd levels MT5

Easy to use EA designed to auto trade EURUSD M5 only. Works in every market condition. It uses reliable levels of MACD indicator combined with unique logic to perform fully automatic trading operations. Recommended for weekly use.

Special Note: You can ask me for source files i.e. mq4 and mq5 file to improve or change and make your own EA from it. Obviously for a price!!

This EA is made for EURUSD M5 only. Yes, you can use it on other pairs too but it will NOT be as effective.

**IMPORTANT:

  • Do not use or back test it for longer periods! It is NOT your usual EA. Made for weekly use only i.e. Enable it on Mondays and Disable on Fridays OR Enable on Monday and exit when in profits!
  • Default inputs are NOT optimized!

*For MT4 version please go here!

*If you don't like automated system and only need an alert system to help you in trading. Please check this arrow with alert system here!


FEATURES:

  • Dangerous methods like martingale, hedge, grid or scalping are NOT used.
  • Positions get closed even if Stop Loss or Take Profit NOT set.
  • Positional trading with user filled risk parameters.
  • Minimal look of inputs tab for ease of use.
  • Not sensitive to broker conditions.


ACCOUNT REQUIREMENTS:

Symbol = EURUSD, Timeframe = M5 (5 minutes) only.

  • Minimum balance              =    $1000
  • Minimum leverage             =     1:50
  • Recommended balance      =    $10000
  • Recommended leverage     =    1:500

*Highly recommended to run it on a VPS for uninterrupted operations 24X5.

 

SETTINGS EXPLAINED:

  • PositionLotSize            =     Fixed volume size for initial position only.
  • PositionStopLoss          =     Stop Loss in pips for initial position and follow up positions combined.
  • PositionTakeProfit       =     Take profit in pips for initial position and follow up positions combined.
  • TrailingStopPips           =     Trailing stop loss for all the positions combined.
  • TrailingStepPips  =     Trailing steps for all the positions combined.
  • OrderLotSize               =     Fixed volume size for each follow up position. (Opened after initial one).
  • OrderDistancePips       =     Distance between each follow up position in pips.

NOTE: In “OrderDistancePips” you can use a negative value/number. What it does? It opens follow up positions in opposite direction from the initial position. If positive then opens follow up positions in same direction as the initial position. Please see the related screenshots (screenshot no.7 and 8) for better understanding.

 

RECOMMENDATIONS:

SETTINGS FOR $1000 Balance, 1:500 Leverage EURUSD M5

  • PositionLotSize          =     0.1 or lower     
  • PositionStopLoss        =     0.0 (best not to use because of opposite close)                
  • PositionTakeProfit     =     0.0 (best not to use because of opposite close)
  • OrderLotSize ­            =     0.1 or lower
  • OrderDistancePips     =   -10 pips or higher

 

  SETTINGS FOR $10000 Balance, 1:500 Leverage EURUSD M5

  • PositionLotSize          =    0.5 or lower      
  • PositionStopLoss        =    0.0 (best not to use because of opposite close)                                 
  • PositionTakeProfit     =    0.0 (best not to use because of opposite close)                 
  • OrderLotSize ­            =     0.5 or lower
  • OrderDistancePips     =   -5 pips or higher

 

THINGS YOU SHOULD KNOW BEFORE BUYING!

Please be aware that all EAs have some drawdowns. Download the free demo today, test it yourself first and try to find suitable settings for your risk appetite (most important). If need any assistance I am here to help. Send me private messages >>> Here!

Balance used in the tester is $1000 which is NOT recommended for the default inputs settings.

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1 000 USD
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Easy to use EA designed to auto trade EURUSD M5 only. Works in every market condition. It uses reliable levels of MACD indicator combined with unique logic to perform fully automatic trading operations. Recommended for weekly use. Special Note: You can ask me for source files i.e. mq4 and mq5 file to improve or change and make your own EA from it. Obviously for a price!! This EA is made for EURUSD M5 only. Yes, you can use it on other pairs too but it will NOT be as effective. **IMPORTANT: Do
999 USD
Simple arrow with alert on chart. This is NOT an entry indicator but a direction indicator. It uses MACD signal line to show you possible future direction of a trend. Please use it with other filters or confirmations to trade properly. Recommended for scalping and short term trades. Made for EURUSD M5 but it should work on every major pair on M5 timeframe. For MT5 version please go here! *If you need a fully automated trading system. Please check this EA here! FEATURES: Very simple directional i
499 USD
Simple arrow with alert on chart. This is NOT an entry indicator but a direction indicator. It uses MACD signal line to show you possible future direction of a trend. Please use it with other filters or confirmations to trade properly. Recommended for scalping and short term trades. Made for EURUSD M5 but it should work on every major pair on M5 timeframe. For MT4 version please go here! *If you need fully automated trading system. Please check this EA  here! FEATURES: Very simple directional in
499 USD
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Sürüm 1.1 2021.01.17
Update Version 1.1

1. Added Trailing Stop Loss
2. Improved algorithm