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Ethereum Star MT5

Trend following expert on Ethereum with live performance results (see screenshots) and MT5/Binance trading mode.

Introduction

Have you ever wonder why is it so hard to accumulate impressive capital using expert advisors? The key feature here is reinvestment. You need to constantly increase your deposit so you could receive greater income. And compound that income to your deposit again. Then the power of compound interest will increase your capital exponentially over time. 

To do that you can choose between two types of expert advisors:

  1. Martingale/grid experts with unlimited losses or experts with losses much greater than profits.
  2. Experts with fixed losses which is less or comparable to profits.

  • In the first case you have to withdraw all your profit because sooner or later the expert will burn your entire deposit. Assuming typical performance of grid experts, it will take a year or more to simply return 100% of your investment.
  • In the second case you can compound your profit but it's difficult to achieve the same stability of performance compared to grid systems because such experts always tend to get overfitted to the past prices. 

I've been stuck with this dilemma for a long time until I've created this expert.

Algorithm

  • On the one hand, it uses some adaptive conditions to enter the trend with a relatively short SL, follow that trend with trailing SL and exit or reverse at the end of the trend. These conditions adapt to the market situation.
  • On the other, it has some filters to avoid multiple losses during the flat phase, which were tuned based on my original technique that I call "an optimization without optimization". It was inspired by several research articles ([1], [2], [3]) where I found the answer why most of the optimization techniques used in algotrading are fail. This approach allows to reduce an overfitting to minimum.

Main properties of the expert:

  • No grid, no martingale, not holding loss positions for a long time.
  • Each deal has a fixed SL that can only be shortened.
  • Uses trailing SL to maximize profit from big trends.
  • Requires no optimization, use default settings adjusted to your deposit.
  • Shows stable historical results during both bull and bear crypto trends, high and low volatility, from 2018 to 2024.
  • Shows historical performance (rec.factor=29.5 with a fix.lot) compared to the best grid systems without dangerous trading methods.
  • Demonstrates live performance similar to test results (see screenshots).
  • Comply with FIFO rule.
  • Compatible with both netting and hedging accounts.
  • Minimal deposit is 100$.
  • The only recommended symbol is Ethereum. Can also be used with BNB but performance is worse.
  • The only recommended timeframe is M15.
  • Not sensitive to slippages and not critically sensitive to comission.

Parameters:

Parameter Default value Description Comment
WorkTimeframe
PERIOD_M15
timeframe for trading via MT5
Preferrable timeframe is M15.
TradeBinance false trade on Binance False for trading via MT5. True for trading directy on Binance Futures.
ApiBinance
your Binance account generated API Required if TradeBinance=true.
SecretBinance   your Binance account generated secret Required if TradeBinance=true.
SymbolBin ETHUSDT Binance instrument Symbol name from Binance futures.
TimeFrameBin 15m Binance timeframe Preferrable is 15m. Others: 1m/3m/5m/15m/30m/1h/2h/4h/6h/8h/12h/1d/1w.
DigitsBin 2 decimals of Binance instrument ETHUSDT has 2.
Lot
4 base lot
In practice, I use no more than 1 lot for every 1000 of balance
PriceNorm
3000
price for a volume = Lot
Needed to eliminate the impact of price level on risk. 3000 means it will trade 4 lots when ETH price is 3000, 3 lots when price is 4000, 6 lots when price is 2000 etc. It will keep the size of position (price x lot = 12000) same for every price level.
AdjustLotByBalance
false
increase lot with balance

BalanceNorm
8000 balance for a volume = Lot, when AdjustLotByBalance=true
If Lot=4 will trade 2 lots with 4000 balance, 3 lots with 6000 balance etc.
MaxSpread
0.2 max spread in % of price
On Binance ETHUSDT futures spread is usually 0.003% of price.
AllowBuy
true
buys allowed

AllowSell
true
sells allowed
In case you'll want to use one side trading. I always use both sides even during strong bull market because there's a chance to get additional profit on sudden rapid corrections + you never know when the trend will revert.
CloseAtFriday
false
close all positions at friday evening

  CloseAtFridayHour  22 hour to close all at friday (GMT) In case your broker doesn't give a quote on weekend. The best results achieved when trading 24/7.

Testing

All tests were performed with Binance ETHUSDT spot prices. You can download this data from Binance only using API keys and Python script to transform prices to MT5 format. I provide this script here. Otherwise, you can simply use the MT5-compatible history file prepared by this script.

Create a custom symbol and fill it up with the history from that file as shown here

Tester should have following settings:

  • Period: M15
  • Dates: 2018.01.01 to 2024.04.01
  • Delays: zero latency, ideal execution
  • Modelling: open prices only (no need for better accuracy because the expert ensures enter price to be at the bar open price or puts a limit order)
  • Deposit: 8000 USD
  • Leverage: 1:500
  • Comission: 0.05% for both sides (USDT taker) which is the largest comission on Binance futures (in practice, comission will be between 0.05% and 0.02% because in some cases expert uses limit orders). Set it from my comission config file.

Test results by year and risk mode:

Dates Risk Net profit MaxDD MaxDD% Rec.factor
(net.prof./maxDD)
Deals Sharp 
year 2018 fix.lot=4 28 811 3532 34% 8.2 177 4.00
year 2019 fix.lot=4
5522 3931 34% 1.4 208 0.94
year 2020
fix.lot=4
21 390 2108 19% 10.1 194 3.95
year 2021
fix.lot=4
25 523 3505 29% 7.3 190 4.25
year 2022
fix.lot=4
22 405 3514 17% 6.4 216 4.02
year 2023
fix.lot=4
11 042 2353 21% 4.7 220 2.28
1.1.2018-1.4.2024
fix.lot=4
116 169 3931 34% 29.5 1263 2.32
1.1.2018-1.4.2024 lot=4 for every 20k bal. 1 796 594 168 296 18% 10.7 1263 3.27
BTC 1.1.2018-1.4.2024 buy and hold for 8000$ 32 400 29 409 77% 1.1 1  
ETH 1.1.2018-1.4.2024 buy and hold for 8000$ 30 640 40 410 89% 0.76  

Trading

I personally use this expert to trade on Binance futures. Since it was developed with spot prices it uses spot prices to analyze market and decide what to do but trades futures because of the lower fees and available leverage. It increases performance compared to analyzing futures prices.

See my simple guide how to run this expert in Binance trading mode.

Comparison between ETHUSDT Binance spot and Alpari Real account ETHEREUM CFD (0.07% comission + spread) performance from 1.10.2021 to 1.4.2024, fixlot=4:

symbol comission  net profit maxDD  rec.factor deals sharp
ETHUSDT Binance
 0.05% 38 100  3500 10.9 567 2.17
Alpari Real ETHEREUM CFD  0.07% + spread 33 400  3350 9.2 573 1.41

Of course you will need a VPS server to properly run this expert. I use it with Metatrader VPS.

Results

The results I got on my futures account with this expert absolutly satisfied me. I'm actively continue to trade it and involve more capital. I cannot provide link on my Binance live monitoring because of the Market rules, so I leave only an anonymized screenshot so you could evaluate the performance. For the same reason I provide no MQL signal with my expert: trading conditions that MT5-compatible brokers provide to trade Ethereum CFD are slightly worse than Binance futures.

Feel free to ask me any questions in PM after purchase.

Have a good trade!

References

[1] D. Bailey, J. Borwein, M. López de Prado and J. Zhu, The probability of backtest overfitting, 2013, working paper.

[2] D. Bailey and M. López de Prado, The Sharpe ratio efficient frontier, Journal of Risk 15(2) (2012), 3–44.

[3] Bailey, D., J. Borwein, M. L´opez de Prado and J. Zhu, “Pseudo-mathematics and financial charlatanism: The effects of backtest over fitting on out-of-sample performance,” Notices of the AMS, 61 May (2014), 458–471.

































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Bogdan Ion Puscasu
4.85 (244)
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Profalgo Limited
4.8 (30)
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Stanislav Tomilov
5 (30)
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Yu Mei Cheng
4.82 (50)
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Marzena Maria Szmit
5 (4)
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Shintaseftiana
4.14 (14)
ONLY 1 COPIES LEFT AT CURRENT PRICE! , NEXT PRICE  1199 USD,    SO COME ON HURRY UP !! Introducing eXecute-Code (X-CODE) EA - the ultimate Expert Advisor that's out of this world!, X-Code G EA base on Algorithm Levels of Trading.  Live Signal M5     |    Live Signal M1   |     Channel     |    MySetfile_1.5 I design X-Code G EA for XAUUSD/GOLD pair Why should you choose and use X-CODE EA in Trading? X-CODE EA will give you a pleasant trading experience because in X-CODE EA reliable algor
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Mansour Babasafary
4.47 (38)
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Chen Jia Qi
5 (6)
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Eduard Nagayev
4.76 (25)
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Bogdan Ion Puscasu
4.9 (71)
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Bogdan Ion Puscasu
5 (14)
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Chen Jia Qi
4.64 (85)
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Stanislav Tomilov
4.56 (18)
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Stanislav Tomilov
5 (7)
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Stanislav Tomilov
4.17 (24)
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Denis Kurnev
4.5 (14)
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Gregory Hay
4.57 (14)
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Artem Minchuk
3.28 (47)
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Aleksandr Chebotaev
5 (4)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Guillaume Duportal
4.92 (38)
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Way To Stars是一款夜间头皮EA,专门设计在市场波动性较低的时间段进行交易来利用低波动性,以此降低风险。这款夜间头皮EA专注于利用小的价格变动进行频繁交易,通过积少成多的方式积累利润。本EA采用严格的止损措施来限制每笔交易的潜在亏损,确保了风险管理的有效性。Way To Stars 是一个真实且诚实的交易系统,它不依赖于号称的神经网络、人工智能、ChatGPT或完美的直线回测结果。 signal:  https://www.mql5.com/en/signals/2220466 本EA的特点: 适合货币对:GBPUSD 加载时间框架:任意 无网格,无马丁,一次交易 将订单分散为多笔订单,降低风险,提高成功率 通过最大持仓时间和最大浮亏比例来管理风险 自动调整交易时间,考虑时区和夏令时变化 小资金账户适用
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Marzena Maria Szmit
4.42 (73)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
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Marzena Maria Szmit
4.79 (38)
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Hui Qiu
2.33 (3)
ET9  新上架,推出促销活动 仅剩几个副本,599美元 下一个价格:799美元 最终售价:1599美元 最佳黄金(XAUUSD)自动交易程序, 它也可以同时用于GBPUSD! ET9 MT5 版 更新4.20 !!   重要更新: 启用自动利润平仓,可以修改ET1策略的各种参数,优化 ET1策略的稳定性 包括免费的 ET1 MT5版:  https://www.mql5.com/zh/market/product/113131 Dragon Ball MT5版 更新 v1.30 !!  https://www.mql5.com/zh/market/product/116514 描述 ET9 MT5 版是一款在( XAUUSD) 黄金 与( GBPUSD) 英镑 交易中拥有9合一交易策略的强大自动交易程序 其中包括一个经典趋势策略ET1,另外8个突破策略,在黄金价格实现日线突破时尤为有效! 请在可视模式下对 ET9 进行回测,以便了解 ET9 的工作原理是多么专业。回测过程可能会很慢,请耐心等待 ET9这9大策略结合在一起 ,与其它一些虚假“完美回测”EA有着很大的区别:这
欢迎使用 IndexLORD EA MT5   ,这是一款针对主要指数(纳斯达克/道琼斯/SP500)设计的高效剥头皮系统。该系统由拥有 20 多年经验的量化团队开发,是一款积极而强大的交易机器。 重要!你需要我提供的测试集来进行测试,它   不进行回溯测试   默认情况下。由于经纪商报价中的数字数量,每个经纪商都有不同的设置(例如,我们看到 DOW 30 的最多 4 种变体可以显示为 38000、38000.5、38000.50 或 38000.500,GMT 设置和基础指数的合约规模! Index LORD 是使用指数交易的专业 EA,需要技巧和专业输入才能确保正常运行! 购买后,联系我获取手册和安装指南,如果您使用道具等,也可以获取套装。 现场表演 开始 €5K 账户交易 现在 €35K 利润++       :       https://www.mql5.com/en/users/fxmanagedforexltd/seller 现场表演ICMarkets:       https://www.mql5.com/en/users/fxmanagedforexltd/sell
DaVinci Code EA
Shintaseftiana
3.4 (5)
The price of this EA will be increased steadily, to limit the number of users trading with this system. The Current price is 2 copies left of 5 provided , next price 999 usd,    so come on hurry up Introducing DaVinci Code EA - the ultimate Expert Advisor that's out of this world! This cutting-edge EA operates on a super advanced system with Market Structure and OrderBlock, all set to skyrocket your trading success. Live Signal     |     Channel    |    Setfile Although DaVinci Code EA can ru
Candle EA MT5
Mansour Babasafary
4.32 (41)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
Ai Hybrid Robot MT5
Mansour Babasafary
1 (1)
71% discount for the next 5 buyers (original price $9000): 3 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
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版本 1.1 2024.04.27
Direct trading on Binance is added. Set parameter TradeBinance=true and add your API key and secret.