🤖 EA name: Survivor
📦 Version: 1
💻 Platform: MT4
📈 Strategy: Trend Expert Advisor with martingale option
⏰ Timeframe: M5
🌍 Currency pairs: EURUSD, USDJPY
🌓 Trading time: Around the clock
📊 Monitorings: https://www.myfxbook.com/members/Merlin777/survivor-tradelikeaproru/3191678
⏳ Test period: 2015.01.01 – 2023.04.10
🏛 Tick Data Provider: Dukascopy (TDSv2)
Real spread: ✅
Slippage: ❌
In order to download an adviser with tests, go to our telegram channel 👇
Brief description of the forex advisor
The Profitable Trend Expert Advisor mt-4 is a hybrid system of a channel trend algorithm and a grid of orders. The trade is entered using Meta Trader – 4 channel and trend indicators, which are used as MT-4 indicators – Bollinger Bands, RSI, ADX, DeMarker, Moving Average. If the price goes against an open order, then a grid of orders is built, which closes when it rolls back to profit. The number of grid orders is limited when the grid fails to cope with movements, a loss is fixed. The settings for placing orders can be set in the external parameters of the Meta Trader 4 Expert Advisor.
When working with a fixed or proportional lot on 3 EURUSD+GBPUSD+USDJPY pairs, the Survivor Profitable Trend Expert Advisor shows a stable profit growth without drawdowns critical for the deposit.
Description of EA settings
———— TIMER ————
pause in trading at the open of Monday – a pause in minutes. 0-off;
trading stop time on Friday (hh:mm) — stop time in hours and minutes, if the value is empty — off;
order closing time on Friday (hh:mm) — closing time in hours and minutes, if empty — off;
For the first login parameters:
Bollinger Bands – parameters of Bollinger bands:
periodBB1 — period of moving averages;
deviationBB1 is the number of standard deviations;
bands_shiftBB1 – band shift;
priceBBUP1 — upper line of the indicator, calculated based on closing prices;
priceBBDN1 — lower line of the indicator, calculated based on closing prices;
CheckBarsBB1 – skipping the number of candles.
RSI — parameters of the RSI indicator:
periodRSI1 — period;
priceRSI1 — indicator calculation based on closing prices;
levelRSIsell1 — sales level;
levelRSIbuy1 — buy level.
ADX — ADX indicator parameters:
periodADX1 — period;
priceADX1 — indicator calculation based on closing prices;
levelADX1 — calculated level.
DeMarker — parameters of the DeMarker indicator:
periodDM1 — period;
levelDMsell1 — sales level;
levelDMbuy1 – level of purchases.
MA — moving average indicator parameters:
UseMA1 — use the indicator or not;
MA_Period1 – period;
Ma_type1 — MA type;
Ma_price1 — indicator calculation based on closing prices;
Slippage_MA1 – slippage.
“Parameters for subsequent inputs” and “Parameters for reverse” look similar to the “Parameters for first input” block
—— ADVISOR PARAMETERS ——-
Lots — lot size;
Risk – risk;
MaxSpread – the maximum allowable spread;
Close_Revers – close on a reverse signal;
Step_Input – step back to the best price on re-entry, 0-off.
<== TP/SL Settings ==>
Sl — stop loss;
Tp – take profit;
TP_SL_ATR_Period — ATR period for calculating take profit and stop loss;
TP_ATR_Multiplier – multiplier for dynamic take profit by ATR;
SL_ATR_Multiplier — multiplier for dynamic stop loss on ATR;
MM_type — choice of money management method: 0-off, 1 — by deal, 2 — by series;
Martin_Type — martingale type: 0- off. 1 – increase the lot according to the loss in the transaction, 2 – according to the loss in the series;
Lots_exp – order series multiplier;
MaxOrders – the maximum number of open orders;
MAGIC — magic number of orders.
Money management advisor
The recommended risk per trade is no more than 2 percent of the deposit for each pair. The lot can be calculated using a special table, or simply set the risk level in the parameters of the Forex trading advisor and everything will be calculated automatically. Before using risk levels that differ from those recommended, it is highly desirable to test the adviser on high-quality quotes forex instruments Tickstory, or rather Tick Data Suite.
In multi-currency trading, it is recommended to calculate at least 500 currency units per 0.01 lot for each used pair.
Conclusion
Profitable Trend Expert Advisor Forex Survivor is a profitable hybrid trading robot. Its profitability is confirmed both by the results of qualitative testing and independent monitoring. The most profitable pairs are EURUSD, GBPUSD and USDJPY.
In order to download an adviser with tests, go to our telegram channel 👇