Tarcius MT5

Tarcius EA is designed with “High-Low Breakout” strategy to find entries with the trend when price breaks from a key point of previous high-low candle. 

Features:

• Great “High-Low Breakout” strategy with promising win rate (≈ 60%) and low drawdown
• Risk Reward Ratio = 1 : 1 (SL = TP).
• Hidden SL and TP. EA monitors the price at all times and closes the position when the price level is reached.
  
• No martingale, no grid, scalp or hedge
• Two options for Lot size management:

1. Fixed Lot size
2. Lot size based on equity
   

Recommendations:

• Pairs : EURUSD and GBPUSD. Both pairs are executed on one active EA. Add the EA to EURUSD chart only.
• Timeframe : H1.
• Broker: 5-Digit Broker with low commission and spread.
• VPS : VPS is strongly recommended. The EA should run on a VPS continuously without interruption.
  
• Deposit : Minimum account balance $100 (lot 0.01).

Input Parameters:

• Parameter for GMT Offset (Time Zone)

You must define GMT Offset parameters first before running the EA. Please ask your broker or check on the official site of your broker. Most brokers have GMT +2 and GMT +3 for DST. The following are the examples of GMT Offset settings:

Broker	GMT Offset	GMT Offset DST	Description
FBS	2	3	GMT +2 and GMT+3 in DST (summer time)
XM	2	3	GMT +2 and GMT+3 in DST (summer time)
HotForex	2	3	GMT +2 and GMT+3 in DST (summer time)
XX	-5	-4	GMT -5 and GMT-4 in DST (summer time)
YY	0	1	GMT +0 and GMT+1 in DST (summer time)

•   Parameter for EURUSD

1. Symbol1 – Working symbol for first pair (EURUSD)
2. Take_Profit1 - Take Profit (pips)
3. Stop_Loss1 - Stop Loss (pips)
4. Max_Spread1 - Maximum spread allowed. Maximum spread at which a trade can be opened or closed.
5. Max_Open_Order1 - The number of maximum open positions

• Parameter for GBPUSD

1. Symbol2 - Working symbol for second pair (GBPUSD)
2. Take_Profit2 - Take Profit (pips)
3. Stop_Loss2 - Stop Loss (pips)
4. Max_Spread2 - Maximum spread allowed. Maximum spread at which a trade can be opened or closed.
5. Max_Open_Order2 - The number of maximum open positions

• Parameter for Lot Size

• Lot_Type - Lot calculation type with the following options:

1. Fixed Lot Size (Option 1)
   
2. Lot Size Based on Equity (Option 2)
   

• Parameter  for “Fixed Lot Size” (if option 1 is selected)

1. Lot_Size - lot amount per trade
   

• Parameter  for “Lot Size Based on Equity” (if option 2 is selected)

1. Min_Lot_Size – Minimum lot amount per trade
2. Max_Lot_Size – Maximum lot amount per trade
3. Percentage_of_Equity - Percentage of Equity which is used for lot calculation

Formula :            

Lot = Equity * Percentage_of_Equity / 100
If Lot < Min_Lot_Size then Lot = Min_Lot_Size
If Lot > Max_Lot_Size then Lot = Max_Lot_Size

Example :

Equity : 1000
Percentage_of_Equity : 0.01
Lot = 1000 * 0.01 / 100 = 0.1

• Parameter for Tarcius Indicator

1. EURUSD_Range_X - Coefficient for Tarcius Indicator (X Axis - EURUSD)
2. EURUSD_Range_Y - Coefficient for Tarcius Indicator (Y Axis - EURUSD)
3. EURUSD_Range_Z - Coefficient for Tarcius Indicator (Z Axis - EURUSD)
4. GBPUSD_Range_X - Coefficient for Tarcius Indicator (X Axis - GBPUSD)
5. GBPUSD_Range_Y - Coefficient for Tarcius Indicator (Y Axis - GBPUSD)
6. GBPUSD_Range_Z - Coefficient for Tarcius Indicator (Z Axis - GBPUSD)

Note: If you increase the coefficient value, the number of transactions will increase but the winrate will decrease and vice versa