Trading Robots for MetaTrader 5

EA Black Scorpion MT5

ea-black-scorpion-mt5-logo-200x200-1976
161.00 USD144.90 USD

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Information

Experts
MetaTrader 5
5
Ruslan Pishun
8 January 2019
10.83
8 May 2020

Overview

The EA uses the strategy based on breakout.

Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results.

The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout).

The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade.

It uses an adaptive trailing stop algorithm.

The EA uses a system of closing positions during slippages.

It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing.

The EA contains the algorithm of statistics collection with output on the information panel.

Monitoringhttps://www.mql5.com/en/signals/author/profi_mql

МetaТrader 4 version: https://www.mql5.com/en/market/product/15313

Working currency pair/timeframe: EURUSD M30.

Attention! This EA is only for "hedging" accounts.

Requirements and Recommendations

    1. Before using on a live account, test the EA with minimal risk.
    2. Low spreads + low commission + high quality execution are important when choosing a broker to trade.
    3. Use VPS server with minimal network latency to the broker's server;
    4. Maximum Spread — from 0 - 20 points ( 0.0 to 2.0 pips).
    5. Maximum Stop Level — from 0 - 5 points ( 0.0 to 0.5 pips).
    6. Maximum freeze level — 0 points ( 0.0 pips).

    Parameters

    Information panel:

    • Show_Info_Panel — Information panel. (at the value false - Speeds up the testing in the strategy tester).

    Magic:

    • Magic  trades identifier.

    Comment:

    • Order_Comment— Comments to the order.

    Slippage:

    • Slippage — Allowed slippage before an order triggers.
    Spread settings:
    • Max_Spread — Maximum Spread allowed before pending order is triggered.
    Type of trade:
    • Order_Type — trading direction.

    Fixed Lot:

    • Fixed_Lot — Fixed lot ( if "Use_Risk_MM" = false ).

    Risk Money Management:

    • Use_Risk_MM — At the value 'true' the lot size increases as the account balance grows.( Risk Management ).
    • Percentage_Risk — Increase the lot size based on balance.( Risk Management % ).

    Take Profit:

    • Take_Profit — Take profit level in points.

    Stop loss:

    • Stop_Loss — Stop loss in points.
    Settings of moving Stop Loss to breakeven.
    • Use_Break_Even — If this is true Stoploss price will be moved to breakeven when price is above target points.
    • Breakeven_Target_PipsInp — When price is above this value breakeven will be triggered.
    • Breakeven_Jump_PipsInp — Stoploss will be moved using this value to breakeven.

    Trailing Stop settings.

    • Use_Trailing — If this is true, profit will be protected with trailing stop.
    • Trailing_Stop — Trailing points, when the position is in profit.
    • Trailing_Step — Trailing step, when the position is in profit.

    Adaptive trailing:

    • Adaptive_Trailing_to_slippages — Adaptive trailing stop.
    • Change_correction_coefficient — Trailing sensitivity coefficient.
    • Adaptive_by_Time — Algorithm of adaptive trailing by time.
    • Time_Scale  Time interval for price analysis.

    Trading by time within the day:

    • Use time — If true trading will be performed by time.
    • Time_Setting — Server time or computer time.
    • GMT_mode = GMT offset of the broker server time; ( 0 - not used ).
    • Every_Day_Start — Operation start time (hh:mm).
    • Every_Day_End — Operation end time (hh:mm).

    Operation end time on Friday:

    • Use time — If true trading will be performed by time.
    • Time_Setting — Server time or computer time.
    • GMT_mode = GMT offset of the broker server time; ( 0 - not used ).
    • Disable_in_Friday — Operation end time on Friday (hh:mm).

    14 DAYS MONEY BACK GUARANTEE

    If for any reason you do not like the purchased program, you can request a refund within 14 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

    Simply send a request for refund or exchange with your order number by email: fxea.market@gmail.com.

    Refund requests received more than 14 days after purchase will be rejected.

    Email Us Now! Support is available 24/7
    by Email: fxea.market@gmail.com

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    RISK WARNING: ea-forex.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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