Trading Robots for MetaTrader 4

EA Morpheus

ea-morpheus-logo-200x200-7483
149.00 USD

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Information

Experts
MetaTrader 4
5
Ruslan Pishun
12 October 2016
6.15
5 October 2020

Overview

Breakout based strategy, generates market entry signals when the price crosses a border of a certain price range.

To create the strategy, we have used the history data with 99,9% quality for the last 15 years. The best signals had been selected and the false signals have been filtered out. The Expert Advisor performs technical analysis and considers only the breakouts that show the best result.

It uses a system of filtering false signals.

The EA uses adaptive trailing stop.

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

Recommended currency pair/timeframe: EURUSD M30.

Requirements and Recommendations

  1. Low spreads and high quality execution are important when choosing a broker.
  2. We recommend using a VPS with minimal ping to your broker.
  3. Leverage of 1: 100 or more is recommended.

Parameters

  • Magic — Identifier for trades.
  • Order Comment— Comment to order.
  • Slippage — Allowable slippage before an order triggers.
  • Max Spread — Maximum Spread allowed before pending order triggers.
  • ticks average spread — collect average spread ticks.
  • ticks for deleting pending orders — collect average spread ticks for deleting pending orders when the average spread exceeds Max_Spread.
  • Order Type — select trade direction.
  • disable trade if spread high — disable trading for a certain time (from 5 minutes to 24 hours), if the spread exceeds Max_Spread.
  • Fixed_Lot — Fixed lot (if Use_Risk_MM - false).
  • Use_Risk_MM — If this is true, the lot size will increase when account balance grows (Risk Management).
  • Percentage_Risk — Lot size increase based on the balance value (Risk Management in %).
  • Take_Profit — Take profit in points.
  • Stop_Loss — Stop loss in points.
  • Breakeven_Target_PipsInp — When price is above this value, breakeven triggers. (-1 = off).
  • Breakeven_Jump_PipsInp — Stop Loss is moved using this value to breakeven.
  • Trailing_Stop — Trailing points when position is in profit. (-1 = off, 0 = Stop_Loss ).
  • Trailing_Step — Trailing step when the position is in profit.
  • Risk_Protection_on_slippages — If true, the EA also applies position closure in case of a slippage.
  • Adaptive_Trailing_to_slippages — If true - 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.

Intraday trading by time:

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

7 DAY MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 7 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: [email protected].

Refund requests received more than 7 days after purchase will be rejected.

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RISK WARNING: ea-trade.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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