Trading Robots for MetaTrader 5

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MetaTrader 5

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Information

Experts
MetaTrader 4
Dmitry Shutov
1.0
5

Overview

Our team has created an experimental trading system. The main task of the Expert Advisor is the creation of a signal account on its basis. The EA uses high-risk strategies.

‌Monitoring of my accounts: https://www.mql5.com/en/signals/author/mizrael


1. Preparation for work and recommendations

  • The EA is easy to use and ready to trade with the recommended input parameters.
  • It is recommended to use the EA on several currency pairs simultaneously. Important! For each of the currency pairs, a different Magic must be specified (input parameters).
  • In order to reduce the deposit load and decrease the drawdown. It is necessary to set the same Magic on mirrored currency pairs.


2. Settings

  • Profit - the total profit value of orders with the same magic number and the same direction (Buy or Sell). When reached, these orders are closed.
  • Fix_profit - the total profit value after closing the most unprofitable order.
  • Step - the minimum distance between orders on the given currency pair and with the same direction (Buy or Sell).
  • Lot - order volume.
  • Martingale - lot multiplier, the volume of subsequent orders will be multiplied Martingale times.
  • Magic - order magic number.


3. Recommended settings values

  • Profit - 10.
  • Fix_profit - 30.
  • Step - 0.002. For pairs with JPY, Step - 0.2.
  • Lot - 0.01.
  • Martingale - 1.5.
  • Magic - 1234.

Best regards, Dmitriy.

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