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ReverseTrend

ReverseTrend MT5


ReverseTrend - fully automatic trading advisor that does not use martingale. The Strategy is night scalping. The Bollinger Bands indicator is used for inputs, only BUY positions are opening.

Advisor uses a series of orders, lot calculation is carried out according to Fibonacci.

Hedging account type is required.

All my products can be found here: https://www.mql5.com/ru/users/zhigal/seller


Recommendations

The minimum required deposit is $500, please use ECN accounts with a minimum spread and optimized for each currency pair sets (may be found in comments to product).

The EA is optimized for 6 currency pairs:

  • EURAUD
  • EURCAD
  • EURCHF
  • EURGBP
  • EURUSD
  • XAUUSD

Input parameters

EA work with 5 digits prices. 

RiskRisk as a percentage of the deposit (divided by the number of trades)
StopLossStopLoss in pips
TakeProfitTakeProfit in pips
timeFrameBollinger: time frame for Bollinger
ma_period
Bollinger: MA period
ma_shift1
Bollinger: MA Shift
ma_deviation
Bollinger: MA deviation
ma_applied
Bollinger: applied price
DayCandle
Filter by the size of the daily candle in points, the condition DayCandle > Open - Close must be met for position open, if 0 - the filter is disabled
GapFilterFilter by gap size in points, if the gap is greater than this value the deal will not open, if 0 - the filter is disabled
MaxTradesMaximum number of orders in a series
StepStep between orders
MaxSpreadMax spread filter
StartHour1Time filter: the trading hour at the end of the day, if 24 - transactions open only at the beginning of the day
StartHour2
Time filter: the trading hour at the beginning of the day
StopHour2Time filter: an hour before which (not included) transactions will be opened
CloseHourTime filter: hour of forced closure of a series of orders, if = 5 - orders are closed only by TP or SL
SlipSlippage
MagicEA magic number
ComComment
ColorDrawWarnThe color of the text labels on the chart
isWarnDrawnDraw warning labels on a chart?


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