Trading Robots for MetaTrader 5

Constrictors

constrictors-logo-200x200-8196
127.00 USD88.90 USD

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Information

Experts
MetaTrader 5
5
Andriy Sydoruk
2 January 2019
15.1
10 January 2019

Overview

Professional Constrictors Expert Advisor follows the market using the Parabolic Stop and Reverse system indicator. At each Parabolic SAR indicator signal, a position is opened in the direction approaching the indicator. In case of an opposite signal, a new position closing the previous one is opened (in other words, positions are opened and closed partially). Thus, the EA constantly follows the price.

The EA has been designed for working in the flat market. It features a critical drawdown, at which all positions are closed. In order to diversify the funds efficiently, it is recommended using the multicurrency operation mode, at which 10 currencies are selected, while the risk is reduced 10 times and the critical section is also reduced 10 times. Approximate open prices can be used for optimization (sample settings can be found in the Comments).

The EA correctly processes errors and works reliably with the balance of $1 000 or more. The Expert Advisor uses the basic concepts: breakeven, trailing stop, stop loss and take profit. Better test with the broker who provide five-digit quotes, and even better on the MetaQuotes-Demo server.

Parameters

  • SetName – setting name (any);
  • OrderComment – order comment;
  • Magic – magic number;
  • ProhibitNewSeries – if you need to close the current position and stop opening new ones, enable this option;
  • LotRounding – lot rounding (to a required number of decimal places);
  • TypeRisk – risk calculation equation;
  • Risk – risk for automatic lot calculation;
  • PeriodSignal – indicator period;
  • Stoploss – stop loss;
  • Takeprofit – take profit;
  • TrailingStart – start of trailing stop;
  • TrailingStop – number of points to trail the stop level;
  • step – Parabolic parameter;
  • maximum – Parabolic parameter;
  • WorkCloseReversLong – allow closing a long position;
  • WorkCloseReversShort – allow closing a short position;
  • CriticalDrawdownLong – critical long position drawdown;
  • CriticalDrawdownShort – critical short position drawdown.

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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