Trading Robots for MetaTrader 4

Snatch OUT

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Information

Experts
MetaTrader 4
5
Nikita Chernyshov
5 December 2018
1.5
25 January 2019

Overview

Good old strategy: measure the price range at a certain time, place pending orders at the edges and wait for a breakdown. In the classical interpretation, this strategy will at best work to 0, but I managed to bring it to the profitable zone with the help of some tools and original details. And this is not what you would think: 

No martingale, grid or arbitrage. 

Trades always use stop loss.

I do not promise the mountains of gold, which in testers issue top advisors according to mql5.com. Moreover, several consecutive months can be closed in a minus (since 2012, the maximum has been 4 months in a row)but in the long run, mathematics is on your side. Open a PAMM-account and earn money, create a signal and earn money - the robot will become your reliable friend in any market situation. 

Currently, the strategy is configured for EUR/USD, M30 time frame, Alpari broker, GMT+2, five-digit quotes. Seth is here in the "Comments" section.

2. EUR/JPY, M30 time frame, Alpari broker, GMT+2. Seth is here in the "Comments" section.


For other currency pairs, individual settings are needed. 

If you need help installing an advisor or VPS - contact me, I will help.


Settings

Analytics

  • Bars - the number of bars for analysis
  • Min range -  the minimum allowed size of the range in points
  • Max range - the maximum allowed size of the range in points
  • Off\on narrow search - enable/disable search for the specified range "Min range" and "Max range" on a different number of bars.
  • Bars of narrow search - the number of bars for secondary analysis

Trading

  • Time, hours - hour for placing pending orders
  • Time, minute - minute of placing pending orders
  • TakeProfit - in points
  • StopLoss - in points
  • Indent from edge - Pending order indent from the edges of the range
  • Delete oppisite order - if true, when one of the pending orders is triggered, the opposite order will be deleted, if false, then there will be no deletion.

MoneyManagment

  • Selection MM  - choice between static and dynamic lot
  • Fixed - static lot size
  • Dynamic,percent of risk, % - dynamic lot, calculated based on the size of the deposit and the specified stop loss

TrailingStop

  • Off\on - enable / disable trailing stop, true\false
  • Min Profit - minimum profit in points at which a trailing stop is triggered
  • Level BE - the level of profit in points, where the stop loss is transferred at the first operation
  • Step - step trailing stop in points

Other

  • Slippage - slippage
  • Magic - advisor's individual number



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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