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Bitcoin Rocket

The Bitcoin Rocket is a fully automated Expert Advisor for buying the Bitcoin cryptocurrency. Trading is performed only on the specified free margin available. It uses elements of the grid and martingale strategies. It works only with its own market orders with the specified "Magicid". VPS server is recommended (the order opening price may go up or down by $1-2).


Advantages

  • Always works only with its own orders even if you have decided to trade manually in parallel.
  • It is possible to run the EA with different parameters using unique "Magicid", as well as customize the strategy.
  • It is easy to use and has a minimum of adjustable parameters. Whenever swap appears and increases, the take profit level is recalculated with the swap taken into account.
  • There is no need to constantly be near the computer, the EA does everything by itself. Requires no attention from the trader side.
  • Resistant to a temporary loss of connection or a short-term computer shutdown. After starting the computer with the MetaTrader, the Expert Advisor will pick up its orders and continue trading steadily.
  • Suitable for large and small deposits.
  • Works better on short-term periods.
  • Works on any chart time-frame.
  • It is suitable both for beginners and professionals.
  • Keeps logs on orders in the terminal in different languages (Russian, English, French, German). Other languages will be added per request.


Description of variables

  • Slippage - maximum allowed slippage, default=3
  • FreeMargin - percentage of free margin allowed for use in trading, default=30. Trading will be performed only if the "Free margin" is greater than 30% of the deposit
  • LotStep - Lot increase step, default=0.01
  • PriceStep - Price increase step, default=1
  • TakeProfit - Take profit level, default=10
  • MagicID - Magic number of orders, default=123456789
  • Comment - Comment of orders, default="Bitcoin_Rocket"


Trading Algorithm of the EA

Trading will be performed only if the "Free margin" is greater than "FreeMargin" of the deposit Take profit of the created order is calculated according to the formula = "TakeProfit" + commission + swap. It plots a grid with a step of "PriceStep", and the lot size of the subsequent orders is set to and increased by the value of "LotStep".


Recommendations

  • Do not use leverages.
  • If the deposit size is insufficient for trading, the most effective action is to deposit to account, so that the EA could continue working.


Example of the EA operation

https://www.mql5.com/en/signals/222915

The account has been created specifically for this EA in order to test its capabilities.

There was only 1 manual operation, deposit to account, everything else was performed automatically.

The testing results for the first month yielded 4,72% of profit, the EA shows 5,45% profit from the initial deposit, and this is during the current flat market.

Results could have been better on a volatile market.

Of course, it is possible to change the profitability of the EA: modify "PriceStep", increase "LotStep", make a deposit, tune for scalping (set "TakeProfit" $3 - $5).

It is possible, and once you purchase this EA, all this will be in your hands. For now, this is only a working example of the EA with the default settings.


To Do

In the next versions, it will be possible to add any indicators: RSI, pivot, Fibonacci lines, Elliott waves, Stochastic, ....

无评论
版本 1.3 - 2016.11.24
Minor corrections and improvements
版本 1.2 - 2016.11.16
Changed the type of the PriceStep, TakeProfit parameters. Now the EA can be used not only on Bitcoin, but also on other currency pairs, cryptocurrencies and other trading instruments.
版本 1.1 - 2016.11.01
1) Improved TP re-calculation considering a changing swap
2) Added support for Chinese (simplified), Italian, Japanese, Polish, Spanish and Turkish languages.