Trading utilities for MetaTrader 5

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MetaTrader 5

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Jaws

jaws-logo-200x200-8485
399 $299 $

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Information

Experts
MetaTrader 4
Morten Kruse
1.10
5

Overview

Jaws is a fully automated Expert Advisor with trades the pullbacks. It includes a very complicated  recovery system.

General Recommendations

The minimum deposit is 500 USD. Use a broker with good execution and with a spread of 2-5 points. A very fast VPS is required, preferably with a latency of no more than 3.
This EA works best at an 1:500 leverage account with small spread and microlots 0.01.

I recomend this broker http://www.icmarkets.com/?camp=28024 for best performance.

LIVE PERFORMANCE

Default parameters are dedicated for GBPRUSD symbol at M1 time frame.

Input parameters

  • Lot mode - Fixed lot or x on account
  • Fixed lot - the lot for manual lot trading.
  • For every X on the account- 0.01 lots pr. x amount on the account
  • Profit pips - Profit
  • Distance - Place new order.
  • Max slippage - Masimum allowed slippage for orders.
  • Magic Number - unique identifier of the Ea's orders.
  • Trade Comment - Trade comment.
  • Open new trades - When stopping trading.
  • maTimeframe - ma timeframe.
  • maPeriod - ma period
  • maMode - ma mode
  • maPrice - ma price.



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