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Anton Kondratev  

New update for RazorEA MT5 is available today

The main goal was to create the most conservative universal settings.

Such settings are suitable for EURUSD, GBPUSD, EURGBP, XAGUSD, USDCAD, etc.

To activate these settings, simply disable MULTY CHART=Off

Thus, the system can work not only with three pairs of AUDCAD, AUDNZD, NZDCAD

The settings themselves are quite understandable to a simple user, and soon I will describe them in my blog

Just a huge amount of work and optimization has been done over the past 15 years


  • added universal settings (suitable for almost all pairs)
  • added ATR-based filtering mode
  • added the ability to change the distance based on ATR
  • added an update for the WKA bonus
  • added maximum drawdown protection
  • added the ability to slightly shift open and closed positions
  • added the ability to change the Risk based on a proportional ratio to the minimum lot 0.01 by 3000
  • added a news filter for WKA
  • optimization mode since 2008 based on real quotes for ICMarkets,Tickmill,FPMarkets,Hankotrade,Vantage,RannFores,EightCup,Peppers

Ps To activate the universal settings, simply disable MULTY CHART MODE = OFF

These settings are suitable for most currency pairs and metals, be sure to check it for your broker




Dosyalar:
Anton Kondratev  

Greetings !

Half a year has passed since the last update and the profit has already reached more than 140%+

The maximum drawdown is no more than 20%, the results of real trading are fully consistent with testing.

We are using Default settings and so far so good.

As you know, the world is changing and the situation on the markets is difficult, these are big gaps and strong news, etc.

Therefore, we have created an update to add additional protection against complex movements.

First of all, this is an update of the news filter, now we use a bypass for processing and accessing news, otherwise the site will ban everyone who is from MT5 at the JS level

Next, we added a market volatility filter. Many PropFirms require an SL for every trade and we added this as an option

Now each order has its own SL.

As I said at the very beginning, Razor EA is primarily a medium-term scalper.

If the market moves against us, we activate the Grid with a limit on the number of orders and each order has an SL.

The system trades simultaneously on three currency pairs, so approximately $300 of balance should be used for each pair.

All three pairs require a minimum of $900 to trade.

We have also added mandatory protection against system hacking, now you can also use the UNIQ ID for your own protection.

Now we can use a short delay before entering the market to get away from the crowd and use our entry points.

We have also added the ability to stretch or narrow TP simultaneously for three currency pairs.

So that you can increase profits, or vice versa, make trading safer and less risky.

This way you get unique TP for all three pairs, by default they are equal to 100%

PROFIT WTP MODE % [100-900] = 100

PROFIT STP MODE % [10 -200] = 100

Now the system takes into account swaps and commission for a large market move.


We do not change the settings, all settings remain the same, we just add additional protection and update the news filter.

If you wish, you can turn off the news, to do this, press the NEWS ON / OFF button

I repeat that the settings were created based on the history from 2008, when MT5 did not even exist yet


You can use Default settings for AUDCAD M15:





Anton Kondratev  

At the request of customers, I added the option to pause during the day and at night.

A pause can block both primary positions and tracking positions, which does not create additional orders.

Pause is disabled by default


[  PAUSE   WAIT  SETTINGS  ]

USE PAUSE - pause mode, works both during daytime and during rollover

BLOCK GRID - grid creation blocking mode

START WAIT FIRST DEAL - start hour

STOP  WAIT FIRST DEAL - stop hour


The USER UNIQ ID indication has also been added.

Michael Arthur Schorr  
Hey @Anton Kondratev the EA offers a setting called Balance per 0.01 (0 for AutoLot off) however if I put 0 where do I put the manual lot i want to assign?
Anton Kondratev  
Michael Arthur Schorr #:
Hey @Anton Kondratev the EA offers a setting called Balance per 0.01 (0 for AutoLot off) however if I put 0 where do I put the manual lot i want to assign?

Good afternoon! RazorEA has a simple principle of determining risks. I do not recommend using a fixed lot, because this is not correct for a multi-currency system. The system trades on three currency pairs at the same time and for each pair the system automatically determines the risk depending on the situation and drawdown. The risk is determined by the size of your deposit for every 0.01 lots. I recommend using the default settings to get a low drawdown and stable profit.

It is advisable to use the ICMarkets/Tickmill/Eightcup/FPMarkets broker

Anton Kondratev  

Greetings !

At the request of users, today I optimized the system for most PropFirms

This especially applies to the5ers.com and FTMO

More stable and less risky default settings.

Added VOLTIC distance filter for high market volatility.

Now the distance will increase if the market is too mobile


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