Expert adviser Endurance - a brand new powerful Forex robot using reduced martingale and stop loss - fully equipped with many great safety features that makes it an outstanding scalping machine. Consists of two order modules that each trade separate time frames with signals from indicators adx,ma and rsi. Adx indicator provide these two order modules every day with signals to decide if it's safe or not to trade using momentum from higher time frame, pretty much looking for a safe market approach to trade on (this is adjustable of course but in this case default settings). Module (A) and (B) trades only if the market are quite calm and not inside a strong upside or downside trend which is not the ideal surrounding for Endurance. Module A and B have different adx momentum rules but trades simultaneously or independently depending on market situations or settings. A module's main priority are to aim for buy opportunities and B module to aim for sell opportunities. Depending on adx rules, there could be periods without trading just in case to stay away or get caught in big moves. Hour filters each day makes it possible to limit Endurance working hours to stay within certain hours or shut the whole day off and not trade outside them beside if there's open orders, then Endurance work on them til they closed and no more orders open up until next hour period or day.
Beside all this, we have a powerful news filter with all three types of news - High,mid and low which can be activated and if, well then it's getting even better because now Endurance wont trade even if adx and rsi signal confirmed , it also now stays away from trading during selected news type(s) if there's no current open orders. If Endurance has open orders it'll continue working on them as normal, if they close inside news range(adjustable) no new opens up until news and range passed.
Supported currency pair: EurUsd only!
- News filter using Web Request - No DLL's (ideal for MQL5 vps service)
- Newsfilter fully automatic on/off - Real or Demo trading mode= ON, using strategy tester= OFF. It's not possible to turn off in trading mode,default high impact news always on.
- Spread filter - Prevent order execution during high spreads
- Period trading filter - Trade only during desired periods (date and time)
- Profit targets
- Total account gain including deposit - trading stops, restart ea!
- Daily gain - if hit trading stops and continue next day
- Time filter - Hours and weekdays
- Adx filter
- Order amount filter
- Risk order stop
- Atr hard stop loss,take profit and step calculations
- Virtual/normal trailing
- Default settings for EURUSD M15
- 5 digit ECN broker,stop level zero and low spread currency pairs( CLICK HERE for best broker choice)
- Fast low ping vps needs to be used (CLICK HERE for best vps choice)
- Keep a tight period optimization minimum 3 months
- During optimization - Always turn HUD and Print Journal off else it will slow down the process!
- Easy to optimize - Just follow the guide in settings.
- Default settings can be deployed on EurUsd m15, it's already optimized with high quality Dukas copy tick data including variable spreads and slippage, commission + swaps! Next period to start a new optimization will be in about late September 2019 for this pair.
- High importance news to process (default) but i recommend both high and mid to get that extra safety!
- I take no responsibility how you use Endurance or if you suffer losses - If you use it, then you surely understand and agree to this
News filter URL
Web Request needs an URL link to be working and download it's news file for processing upcoming news. Be sure to check ' Allow Web Request for listed URL's in tab Tools/Options/Expert advisors and copy-paste provided link into the field 'Add new url'.
- I refer to screenshots and if you have any questions don't hesitate to ask me, it's better to ask and get to know what a specific setting do rahter then take a chance thinking 'i thought' it would behave that way......but it didn't as expected....
1: Rsi shifts
2: Adx filter
updated increment steps - simply check corresponding boxes and set increments range and start the optimization. News are suggested to use all times - medium impacts are individual but a recommendation to use anyway.
Next optimization period will be then in September and remember that i only support EurUsd, the rest is up to you!
Remider: There's no point back testing this scalper beyond it's optimized period as it's only suppose to focus on current market situation as near as it gets, not the old past which is completely out of interest. So you test max back from 2:nd January 2019 to
present time and nothing else.
This means that Endurance now adjust these settings itself based on Atr (Average True Range) volatility.
Sum this up:
More profit - Higher risk
Less profit - Low - Medium risk
No profit and no risk - do not trade at all :)