Trading Robots for MetaTrader 4

Salva System EA

salva-system-ea-logo-200x200-2931
350.00 USD

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Information

Experts
MetaTrader 4
5
Pavel Komarovsky
31 July 2017
1.4
12 December 2018

Overview

Salva EA is an advanced and fully automated system, which passes backtesting since 2005. The basis of this strategy is the price chart itself, trading is performed based on the price movement range. Dynamic algorithms and filters are used for taking profit or closing trades. Built-in reworked system for filtering market entries and exits:

  • Checking the trading direction using integrated trend indicators.
  • Checking the channel range for the minimum and maximum values.
  • Checking for the price exceeding the range.
  • Exit by time, by extension of the range.

Salva EA works best on the following pairs with the default settings:

GBPCAD, EURCHF, GBPAUD, EURAUD, EURCAD, GBPUSD, AUDCAD, CADCHF you can also use: GBPCHF, CHFJPY, AUDCHF, USDCHF, NZDJPY, USDJPY, EURGBP, EURJPY, CADJPY, USDCAD

Working timeframe: M1 or M5

Minimum starting deposit: $100-200

The Salva EA has already been configured to work, simply select a pair and the risk level.

The default settings are designed for brokers with the GMT+2 time zone (ManualTimeOffsetGMT = 2). If your broker has a different time zone, make appropriate changes in the settings. This article describes how to do this - https://www.mql5.com/ru/blogs/post/685288.

The EA works best on brokers with fast execution and low spread. VPS is recommended.


Advantages

  • Not martingale, not arbitrage.
  • Ready to go without any particular setup.
  • Always use a stop loss to secure your investments.
  • Easy to use (no complicated settings).
  • Minimum starting deposit: $100-200.


Parameters

  • TypeSet - preset parameters mode. There are 3 modes available. Try everything and choose the most suitable for you.
  • FixedLots - fixed lot size.
  • RiskPercent - lot size (in %) based on equity (5-8% is recommended; for more efficiency, set 10-15%, but remember that drawdowns and loss risks are increased accordingly).
  • TakeProfit - manual TakeProfit. If 0, the take profit is calculated automatically based on conditions and the current volatility.
  • StopLoss - manual StopLoss. If 0, the take profit is calculated automatically based on conditions and the current volatility.
  • VolatilATRFilter – coefficient of the volatility filter, affect the total number of trades.
  • LimitOrders – the number of trades in one direction opened at a time at a distance specified NextOrdersDist. For conservative trading, set LimitOrders = 1.
  • NextOrdersDist – distance in points to open additional orders.
  • ChannelPeriod – the number of bars to calculate the price movement range.
  • ChannelShiftEntry – the number of points for the offset from the range.
  • MinSizeChannel – the minimum range width.
  • ExitAfterMinutes – the number of minutes to start looking for an opportunity to close an order using additional filters, provided that the profit is greater than specified in ExitMinutesProfit.
  • ExitMinutesProfit – the number of points in profit to close an order using additional filters.
  • ExitChannelDist – the number of points the price should go beyond the channel for the algorithm to close an order, provided that the profit is greater than specified in ExitChannelPips.
  • ExitChannelPips - the number of points in profit to close an order if the price exceeds the channel.
  • Start_Hour - trading start hour.
  • Start_Minute – trading start minute.
  • End_Hour – trading end hour.
  • End_Minute – trading end minute.
  • AutoGMTOffset - if true, the robot will attempt to determine the broker's time zone automatically. If the backtesting results are not satisfactory, set this parameter to false, and specify the value manually in ManualTimeOffsetGMT.
  • ManualTimeOffsetGMT - your broker's GMT offset.
  • DST – if true, consider daylight saving time.
  • Trail_Start – if greater than 0, defines the number of points to activate Trailing Stop.
  • Trail_Size – distance to move Trailing Stop.
  • Trail_Step – step of Trailing Stop.
  • MagicNumber - identifier of the EA's orders. Attention! MagicNumber should be different for each pair.
  • OrderComments - comment for the opened orders.
  • MaxSpread - maximum spread, at which orders can be opened.
  • PanelColor - color of the information panel, on the chart.

Account monitoring (use version 1.0)

https://www.mql5.com/en/signals/272535

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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