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Project Price Action MT5

Project Price Action is an indicator–free trading system, working on which the adviser does not use technical indicators, but works with price readings, looking for pattern models that suggest the behavior of the financial market. Price action is based on the principles of technical analysis, and this fact allows the use of specialized indicators.

EA Features:

  1. Allow the risk to increase interest or fix lots by the user.
  2. Uses an economic news filter.
  3. Spreads protection using pending orders (stop orders) without market orders.
  4. There is no grid. Without martingale.
  5. A small stop loss for each trade.
  6. Special price Action, Special Artificial Intelligence (AI).
  7. It can adapt to different economic behaviors.

The EA does not use Martingale, Grid and other strategies with an increase in the lot.

МetaТrader 4 version: https://www.mql5.com/en/market/product/102505

Requirements and recommendations
  • The EA is attached to only one chart (any of the working pairs and any timeframe) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies/timeframe.
  • The minimum recommended balance for the EA (when used on recommended pairs and timeframes) is $ 1000 or $10 on a cent account.
  • Leverage of 1: 100 or more is recommended.
  • The PC processor should not be overloaded with other programs or advisors ( otherwise, the adviser will not be able to process all the ticks and this is bad for the adviser ).
  • Broker with 5-digit and 3-digit quotes.
  • We recommend using a VPS.
  • Attention! This EA is only for "hedging" accounts.
  • if you use several advisors on the same account, make sure that all the advisors have different Magic numbers.
  • For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add https://ec.forexprostools.comhttps://world-time-zone1.com and click OK.
  • Instructions for reducing the amount of RAM for EA: post/744213  ( the EA requires a minimum of 10000 bars in the history ).
  • Download the set file: https://www.mql5.com/en/market/product/102502#!tab=comments&page=1&comment=49111659     

For the Strategy Tester:

  • Multi_Currency_BackTest - if set to true, a multi-currency tester is used.
  • For testing, it is recommended to use:
    • Methods of modeling ticks:
      • M1 OHLC.
  • Use multicurrency testing for 16 currency pairs in MetaTrader 5. Instructions for launching multicurrency testing are shown in the video instruction.

    Symbols:
    • EURUSD, GBPUSD, GBPJPY, USDCHF, USDJPY, AUDUSD, GBPAUD, USDCAD, GBPCAD, EURAUD, EURCAD, GBPCHF, NZDUSD, GBPNZD, EURCHF, EURNZD, AUDJPY / М3, M5, M10,  M12, M15, M20 

    Parameters:

    • EURUSD - if true, use EURUSD;
    • ...
    • AUDJPY
    • Magic_Start / Magic_Finish - ID of EA's trades.
    • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
    • Use several Symbols or Timeframes simultaneously in trading - setting up the number of currencies and timeframes for simultaneous operation.
      • OFF /  TF_For_All_Symbols  TF_For_Each_Symbol_Separately /  Work_Symbols_at_one_Time.
      • Number Symbols / Number Timeframes - the number of currencies and timeframes.
    • Use_Risk_MM — If this is true, the lot size will increase when account balance grows (Risk Management).
    • Percentage_Risk — Lot size increase based on the balance value (Risk Management in %).
    • Fixed_Lot — Fixed lot (if Use_Risk_MM - false).
    • Order Type - trading direction;
    • Order Comment - comments to orders;
    • Slippage - allowed slippage before an order is triggered;
    • Show_Info_Panel - use the information panel (false - faster backtest);
    • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
      • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
      • Multi_Currency_BackTest:
        • true - use the multi-currency tester;
        • false - use the current currency and timeframe;
      • Max Spread - maximum allowed spread;
      • Stop trade - disable trade for a certain time (from 1 minutes to 24 hours) if the average spread exceeds Max_Spread;
      • Economic news filter:
        • Select http or https - select Protocol to download economic news;
          • http 
          • https 
        • News_update_every_N_minutes - update news every N minutes.
        Торговля внутри недели:
        • Monday - trading on Monday;
        • Tuesday - trading on Tuesday;
        • Wednesday - trading on Wednesday;
        • Thursday - trading on Thursday;
        • Friday - trading on Friday;
        Time trading within a day:
        • Use time - if true, the EA trades by time;
        • GMT setting - GMT settings;
        • Every_Day_Start - start time (hh:mm);
        • Every_Day_End - end time (hh:mm).
        Time to disable on Friday:
        • Use time - if true, the EA trades by time;
        • Disable_in_Friday - end time on Friday (hh:mm).

        ------------------------------------------------------------------------------------------------------------

        >>>> Our group in mql5: https://www.mql5.com/en/messages/016a118dc374d801 <<<<

        ------------------------------------------------------------------------------------------------------------


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        Gregory Hay
        4.57 (14)
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        Lo Thi Mai Loan
        5 (2)
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        Antonio Simon Del Vecchio
        5 (10)
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        Thi Thu Ha Hoang
        4.62 (21)
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        Bogdan Ion Puscasu
        4.79 (139)
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        Guillaume Duportal
        4.92 (38)
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        Denis Kurnev
        4.5 (14)
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        作者的更多信息
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        Ruslan Pishun
        5 (1)
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        EA named Chappie
        Ruslan Pishun
        2 (4)
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        EA Morpheus
        Ruslan Pishun
        2.83 (12)
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        Ruslan Pishun
        1 (3)
        Ultimatum Breakout  - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arb
        Ultimatum Breakout
        Ruslan Pishun
        2 (10)
        Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arbi
        EA Skynet
        Ruslan Pishun
        2.8 (15)
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        The indicator automatically draws Wolfe waves. The indicator uses Wolfe waves found in three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade. Recommended timeframe: М1. Indicator features Amazingly easy to trade. The indicator is able to recognize all the patterns of Wolfe waves in the specified period interval. It is a check of potential points 1,2,3,4,5 on every top, not only the tops of the zigzag. Finds the
        Black Arbitrage MT5
        Ruslan Pishun
        5 (1)
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        This indicator shows the time before the next bar or candle opens. Examples of the remaining time until a new bar opens: Example for the М1 timeframe:  05  = 05 seconds. Example for the Н1 timeframe:  56:05  = 56 minutes, 05 seconds. Example for the D1 timeframe:  12:56:05  = 12 hours, 56 minutes, 05 seconds. Example for the W1 timeframe:  W1(06): 12:56:05  = 6 days, 12 hours, 56 minutes, 05 seconds. МetaТrader 5 version:  https://www.mql5.com/en/market/product/13564 Settings color_time -  Text
        ATS Infinity MT5
        Ruslan Pishun
        5 (3)
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        Wolfe waves ultra
        Ruslan Pishun
        3 (2)
        Wolfe waves ultra draws Wolfe Waves automatically. The indicator searches for the Wolfe Waves on three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade, resulting in a very high winning ratio. Features Amazingly easy to trade. The indicator is able to recognize all Wolfe Wave patterns in a specified interval. Thus, we check each extremum for the potential 1,2,3,4,5 points apart from ZigZag vertices. The indicator
        The indicator colors bullish, bearish and doji candles. Also, the amount of candles (bullish, bearish and doji) for the last N days is calculated. You can select colors for both bodies and shadows of candles. You can also enable coloring only candle bodies. МetaТrader 5 version:  https://www.mql5.com/en/market/product/11649 Parameters color bulls = color of bullish candle bodies color shadow bulls = color of bullish candle shadows color bears = color of bearish candle bodies color shadow bears =
        'Info body and shadow candles' indicator colors the candle bodies and shadows according to the settings. For example, if the 'Size body candles' parameter is 10, the indicator looks for the candles having a body size of 10 or more. Candle shadows are calculated the same way. Detected candles can be colored (body color, shadow color). The indicator can be adjusted for both four- and five-digit quotes. МetaТrader 5 version:  https://www.mql5.com/en/market/product/12977 Parameters Use candle search
        This unique indicator automatically builds Wolfe Waves. Features Finds the points and builds the lines automatically. Efficient trading strategy. No redraws, no lags. The indicator relaunch button is located directly on the chart. The indicator has multiple configurable parameters. Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is
        Trend modified
        Ruslan Pishun
        The Trend modified indicator draws trend lines with adjustable trend width, with trend breakout settings and notifications of trend breakout (Alert, Sound, Email) and of a new appeared arrow. Arrows point at the direction of the order to open (BUY, SELL). Parameters User Bars - the number of bars for calculations. Depth (0 = automatic settings) - Search area (0 = automatic adjustment). width trend ( 0 = automatic settings) - Trend width (0 = automatic adjustment). (true = closed bars on direct
        We present our totally unique Expert Advisor "Expert trend one point": the EA trades within a trend, it contains a complex strategy (named "one point profit"), does not use stop loss, does not use an adjustable take profit, it adjusts the take profit per one point of profit. The EA works with four or five-digit prices. You can use the Expert Advisor on any currency pairs, however it is recommended to choose symbols with low spread and low stop levels. The EA can work on timeframes M1 , M5, M15,
        The EA opens orders using the Wolfe waves indicator, also uses the Martingale and smart Trailing Stop, Stop Loss and Take Profit. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is easy to use. The EA has proven results on EURUSD M5, however you can change the settings for better results on other currencies. Settings Setting EA - Settings of the Advisor. Invest More - at the value 'true' the lot size increases as the account balance grows.( Risk Management ). I
        Time close bar
        Ruslan Pishun
        This indicator shows the time before the new bar or candle opens. Examples of how much is left before a new bar opens: An example for the M1 timeframe: 05 = 05 seconds. An example for the H1 timeframe: 56:05 = 56 minutes and 05 seconds. An example for the D1 timeframe: 12:56:05 = 12 hours, 56 minutes and 05 seconds. An example for the W1 timeframe: W1(06): 12:56:05 = 6 days, 12 hours, 56 minutes and 05 seconds. МetaТrader 5 version:  https://www.mql5.com/en/market/product/13602 Settings color_ti
        Ultra Breakout
        Ruslan Pishun
        3.5 (2)
        The trading system utilizes a real breakout strategy with an intelligent calculation engine to eliminate bad signals. The EA has only been developed and optimized for EURUSD H15. We recommend choosing a broker with a fixed spread of 5 to 20 points, with a zero STOPLEVEL and five-digit quotes. You can change the settings and try other pairs for better results. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use. No grid No martingale МetaТrader 5 v
        The SCRIPT opens , modifies , and deletes all types of orders: BUY, SELL, BUYLIMIT, SELLLIMIT, BUYSTOP, and SELLSTOP. Features Orders can be opened both by comments and magic. Order grids. Take profit and stop loss modification. Orders can be removed by type, magic, and comments. Market orders are deleted if magic = 0. Notification window appears after orders are opened, modified or removed. Multi-task script. Modification is performed after opening orders. Parameters Orders_Tip - consists o
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        Ruslan Pishun
        1.8 (5)
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        EA Fox
        Ruslan Pishun
        This is an innovative intelligent system consisting of 4 strategies, which detects high-probability entries for price action breakouts on the H1 timeframe. The Expert Advisor includes 3 complex technical strategies and a scalping strategy. The Expert Advisor is fully optimized and ready to use! It is possible to disable each strategy or use them all together. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential accumula
        EA Innovative PRO
        Ruslan Pishun
        1 (1)
        EA Innovative PRO is a fully automated EA for Forex trading. It is based on three combined adaptive algorithms. Follows the movement of market price. It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions. The EA eliminates the extra noise and chooses the most convenient strategy for trading. Dynamically places trailing stop and moves profit to breakeven
        EA Two MA
        Ruslan Pishun
        5 (1)
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        Two Dragon
        Ruslan Pishun
        Two Dragon is an advanced indicator for identifying trends, which uses complex mathematical algorithms. It works in any timeframe and symbol. Indicator is designed with the possibility to customize all the parameters according to your requirements. Any feature can be enabled or disabled. When a Buy / Sell trend changes the indicator will notify using notification: Alert, Sound signal, Email, Push. МetaТrader 5 version:  https://www.mql5.com/en/market/product/14906   Parameters Max_Bars_History —
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        Ruslan Pishun
        2.13 (8)
        The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the
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        Ruslan Pishun
        1.75 (4)
        Neon System N1 PRO is along-term system containing 10 different strategies. Each strategy includes multiple indicators, the system is designed for real trading. The system uses 50 standard indicators, the robot contains 10 strategies. This system is not for those "who want everything at once." This system assumes a professional long-term trading on the Forex market. The robot has been tested in a special tester on real ticks. It uses an adaptive trailing stop algorithm. The EA uses a system of c
        EA Black Scorpion
        Ruslan Pishun
        3 (8)
        The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses
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        Ruslan Pishun
        3 (2)
        The Expert Advisor uses a strategy based on breakthrough and two additional strategies based on sharp price changes. You can adjust the slope of the breakthrough, the distance between the breakthrough levels and the number of breakthrough levels. The Expert Advisor itself marks the levels that should be broken through. The EA includes two strategies based on sharp price changes: that is the EA opens pending Sell Stop and Buy Stop orders in case of a sudden price change in any direction and close
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