Daily Reversal MT5
- 专家
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Ridgestone Capital Ltd
At Ridgestone Capital, we aim to provide our clients with a consistent edge in the market, taking advantage of high momentum moves using trailing stop losses combined with millisecond execution. All of our algorithms have news filters, recovery systems, trailing stop losses, multiple execution - 版本: 1.7
- 更新: 20 六月 2025
Daily Reversal is a reliable scalping strategy which takes advantage of larger trend reversals. It draws a range every day of the body of the previous daily candle and places pending orders according to whether the previous day was bullish or bearish. Then, it uses multiple trailing stop losses to manage all of the positions. Daily Reversal includes a prop firm mode, our recovery system and also has a news filter to further protect your capital against volatile events.
For a more active strategy, check out our main EA here: https://www.mql5.com/en/market/product/136139
We care about trying to provide a consistent edge in the market for our clients, using proven strategies and techniques, rather than using buzzwords like ‘AI’ or ‘neurons’ and showing perfect equity curves. We offer lifetime support for verified customers in order to ensure everyone can get the most out of our products.
REQUIRED: Low spreads, fast VPS, hedging account - we recommend IC Markets Raw Spread account.
Send us a message after purchase or demo for set up guidance or to be notified of future updates.
This strategy is not bulletproof, like everything else in financial markets, however it has proven to be consistently effective in the past on low spread accounts with a low latency VPS. Manage your own risk and expectations. Please only leave fair reviews and comments as we’re just trying to provide you with value. Private message us if you’re having any issues and we’d love to support. Thank you
Chart:
Pair - GBPUSD
Timeframe - Any
Inputs:
IMPORTANT - the only input needing optimising is GMToffset. Read disclaimers below.
Money Management
RiskPercentage – the total risk of the first set of trades
StartingBalance – the starting balance of the account for the chart visual data
LotMultiplier – the multiplier applied to the risk of the second set of trades
Time - Set to GMT offset (e.g. 3 for GMT+3)
GMToffset - the number of hours the broker time differs from GMT time
Position Management
SLpoints – the size of the stop loss in points
TPpoints – the size of the take profit in points
TSLpoints – the size of the trailing stop loss in points after price goes into profit
TSLthreshold – the distance in points that price has to move into profit for the trailing stop loss to start
Execution Settings
AlgoMode – the amount of sets of trades the algorithm is allowed to place in a given direction | Standard = 2 sets | Prop = 1 set
NewTrades – whether or not the algorithm is allowed to place trades
Recovery - whether or not the recovery mode is active
RecoveryThreshold - the percentage distance to the stop loss after which the recovery system becomes active
NewsFilterDays – the amount of days the algorithm won’t trade before a volatile news event, including the day of the event
(10 points = 1 pip)
Disclaimers:
- This is a low frequency strategy so expect less than 4 trades per month - check out Dynamic Breakout for more trades: https://www.mql5.com/en/market/product/136139
- GMToffset must be adjusted depending on broker time - compare the time in Market Watch to GMT to calculate the offset hour (set to 3 for GMT+3)
- The time settings are in GMT time and therefore no adjustments are needed.
- Maximum recommended VPS latency of 5ms.
- Minimum recommended deposit of $1000 at 100:1 leverage.
- Use the 1 Minute OHLC setting for faster backtests.
- Daily Reversal doesn't place trades on Fridays due to low volume.
- The news filter events are US Non Farm Payrolls and US CPI inflation data.
- The news filter has no effect on backtests as the MQL calendar can’t be accessed.
- Prop firm mode only allows one set of positions in each direction with equal risk meaning the trades are hedged. However, prop firms typically don’t offer very low spreads so expect Daily Reversal to be slightly less effective. We recommend 3-4% risk max for a 5% daily drawdown account.
Download the full set up guide at ridgestonecapital.co.uk
Please message privately if you have any questions.
Our channel link: https://www.mql5.com/en/channels/ridgestonecapital
