Trading Robots for MetaTrader 5

Black Box EURUSD morning MT5

black-box-eurusd-morning-mt5-logo-200x200-9084
99.00 USD

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Information

Experts
MetaTrader 5
5
Alexander Gromov
14 May 2018
1.0

Overview

This algorithm uses statistically justified comparison of numerical constant values and output values of Williams R, CCI and Stochastic indicators in order to take decision whether it is necessary to open position.

Prior to give birth to a new EA, this logic was created as a result of usage of stochastic methods and then tested on historical data and checked with Monte Carlo method which does not guarantee any results in the future, of course.

The bot is designed to trade during morning hours on EURUSD using 15 minute timeframe.

Despite the fact that this condition is not obligatory, trading logic assumes that no positions should remain open during publications of significant economic news like Non-farm Payrolls.

From machine learning point of view, the EA should be optimized every 52 days using 207 day interval.

Default settings presume that servers of chosen broker work in widely spread EET time zone (10 AM - 3 PM by default). If it is necessary to set up trading in UTC time zone, the user should deduct 3 (in Winter time) or 2 from the default time settings.

It is not recommended to change the trading range and the instrument itself due to the fact that the logic of the algorithm was created for specific behaviours of currency pairs during specific time periods.

Default trading volume is set to 0.05 standard EURUSD lots (EUR 5000 on a typical non-cent account). In order to trade this volume comfortably, your deposit should not be less than EUR 200 given that you use effective leverage equal to 1:25.


Parameters

  • magic - "magic" number, identifier of the EA for marking your orders
  • start_hour - time, at which the EA commences trading
  • stop_hour - time, at which the EA ends trading, closes all orders and positions
  • friday_close - trigger that determines the individual end time of trading on Fridays
  • friday_close_hour - time, in which the EA ends trading on Fridays
  • lot - volume of open positions
  • stoch_k_1 - period %K of the first Stochastic indicator
  • stoch_d_1 - period %D of the first Stochastic indicator
  • stoch_slowing_1 - slowing parameter of the first Stochastic indicator
  • stoch_k_2 - period %K of the second Stochastic indicator
  • stoch_d_2 - period %D of the second Stochastic indicator
  • stoch_slowing_2 - slowing parameter of the second Stochastic indicator
  • stoch_k_3 - period %K of the third Stochastic indicator
  • stoch_d_3 - period %D of the third Stochastic indicator
  • stoch_slowing_3 - slowing parameter of the third Stochastic indicator
  • wpr_period - value that controls the Williams %R indicator
  • CCI_period - value that controls the CCI indicator
  • stoch_control_1 - value that controls Stochastic indicators
  • stoch_control_2 - value that controls Stochastic indicators


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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