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Redshift MT5 is a fully automatic Expert Advisor for Intraday Trading. it is based on Macd Indicator. The expert advisor is able to get a very high-rate of winning trades.
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The Expert was tested on the whole available historical period on EURUSD, GBPUSD, USDCAD, AUDUSD and USDJPY M15 currency pair with exceptional results. You can download the demo and test it yourself. My tests were performed with the real tick date with 99,90% accuracy, actual spread, and additional slippage.
The basic strategy starts with Market order in counter trend and trend following, based on EA analysis.
Live Performance is also available by accessing my profile where you can also find my other Robots and their performances:
This expert advisor does not use dangerous strategies. No Martingale, No Grid, Only Real Stop Loss and Take Profit.
- The Recommended Timeframe is M15.
- The Expert can go on EURUSD, GBPUSD, USDCAD, AUDUSD and USDJPY.
- Start Backtest from 2004
- Not broker sensitive, but Ecn broker is always better
- A low latency vps is always recommended.
- The recommended Leverage is 1:10 or more
- The recommended deposit is 100 usd.
Download MT4 Version here: https://www.mql5.com/en/market/product/59834
- Magic Number: ID number of the orders.
- Max Spread: maximum spread to trade.
Money Management Settings
- Lots: number of lots if the money management option is disabled.
- Money Management: if true enables the money management option.
- Risk Percent: if the money management option is enabled, it indicates the risk percentage.
- Macd Fast Ema Period: Fast Ema Periods for Macd Indicator
- Macd Slow Ema Period: Slow Ema Periods for Macd Indicator
- Macd Signal Period: Signal Periods for Macd Indicator
- Macd Applied Price: Applied Price for Macd Indicator
- Macd Timeframe: Timeframe for Macd Indicator
- Enable Time Filter: if true enables the time filter
- Trading Start Hour: operating start Hour
- Trading Start Minute: operating start minutes
- Trading Stop Hours: operating end Hour
- Trading Stop Minute: operating end minutes
- Close Out of hours: close all orders at the end of the timetable.
- Monday: if true, Trading on this Day is allowed.
- Tuesday: if true, Trading on this Day is allowed.
- Wednesday: if true, Trading on this Day is allowed.
- Thursday: if true, Trading on this Day is allowed.
- Friday: if true, Trading on this Day is allowed.
- Saturday: if true, Trading on this Day is allowed.
- Sunday: if true, Trading on this Day is allowed.
- Allow Buy: if true, Ea can trade with buy orders.
- Allow Sell: if true, Ea can trade with sell orders.
- Take Profit: Take profit for an order
- Stop Loss: Stop loss for an order
- Enable Trailing Stop: if true, enable trailing stop function
- Only In Profit: if true, start trailing stop only in profit
- Broker Commission: amount of your broker commission
- Trailing Stop Value: Value of trailing stop in points
- Trailing Step Value: Value of trailing step in points
- Increase Lot on Loss: if we have a loss order, the lot size will be increase
- Increase Multiplier: If lot on loss is true, this is the multiplier for lot size after a loss
- Custom Comment: each order will show this comment in the trades
- Show Panel: Show information panel
- Show Button: Show close all, close buy and close sell button
- Custom Chart: EA can color the chart with my favorit colors
For other questions, set files or support for this EA, contact me.
You have to be cautious and use a low risk.
Each EA needs at least 10 weeks to be evaluated, if you don't have patience, EA is not for you
Remember that you cannot get a refund after downloading the EA