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Oracle EA
Hi to all traders
Please try this EA on M5
My settings
Parameters
use_daily_target=false; daily_target=100; trade_in_fri=false; magic=1; start_lot=0.01; range=6; level=10; lot_multiplier=true; multiplier=1.5; increament=0.1; use_sl_and_tp=true; sl=60; tp=30; tp_in_money=5; stealth_mode=false; use_bb=true; bb_period=20; bb_deviation=2; bb_shift=0; use_stoch=true; k=5; d=3; slowing=3; price_field=0; stoch_shift=0; lo_level=30; up_level=70; use_rsi=true; rsi_period=12; rsi_shift=0; lower=30; upper=70;
Oracle EA.ex4 28.55 kb, 92 downloads since 2018-07-04
StrategyTester 1.gif 9.79 kb, 106 downloads since 2018-07-04
StrategyTester 1.gif 9.79 kb, 106 downloads since 2018-07-04
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A mean reversion system based on BollingerBands, RSI and Stochastic.
It enters the market through pending orders that get activated if and when the reversal signal is proven WRONG.
That's a mind twister...
It can be proven wrong a number of times (as the market goes against the 1st position and the 2ns, and the 3rd...).
Eventually, the market reverses or pulls back a little.
That's when the basket is usually closed.
We can set a TP in money or pips.
Basket of trades means we need equity to keep many of them open, so a high leveraged account is in order or enough balance to compensate for that if possible.
The test was done on a FBS Standard account - leverage 1:500 - initial balance $1000.
Over the past 6 months, it managed to double the account trading on M5 timeframe.
Be careful with the ramping up of the trades (the multiplicator can be adjusted).
Control your greed (TP in money set to only $5).
Baskets can be closed even on minor pullbacks that way.
Better be out with $5 in the pocket than being on the wrong side of a raging market.
Good luck!
Oracle EA EURGBP M5 6m l500 1k.set 2.47 kb, 71 downloads since 2018-07-05
Oracle EA.ex4 28.55 kb, 55 downloads since 2018-07-05
Oracle EA.ex4 28.55 kb, 55 downloads since 2018-07-05
Hi, the martingale is used just for hedging.The EA trades with BB, Stochastic and RSI.
Martingale's parameter are adjustable.
level=steps of martingale (fix a number)
range=distance between steps (1=10 pips)
multiplier= multiplier factor for the steps (if 1 than it will become a grid)
tp_in_money=trades in a basket of orders (martingale's order) summing a number of $
With these settings I've got 1 euro per basket of opened trades
EURUSD (Euro vs US Dollar)
Period
5 Minute (M5) 2018.01.05 00:05 - 2018.05.31 23:55 (2018.01.05 - 2018.06.01)
Model
Parameters
use_daily_target=false; daily_target=100; trade_in_fri=false; magic=1; start_lot=0.01; range=8; level=15; lot_multiplier=true; multiplier=1.3; increament=0.1; use_sl_and_tp=true; sl=60; tp=30; tp_in_money=1; stealth_mode=false; use_bb=true; bb_period=20; bb_deviation=2; bb_shift=0; use_stoch=true; k=5; d=3; slowing=3; price_field=0; stoch_shift=0; lo_level=30; up_level=70; use_rsi=true; rsi_period=12; rsi_shift=0; lower=30; upper=70;
Depozit Ini?ial
500.00
Spread
20
Total profit net
489.43
Profit Brut
1495.82
Profit Brut
-1006.39
Factor de profit
1.49
Payoff a?teptat
0.41
StrategyTest 5min 1euro.gif 9.24 kb, 43 downloads since 2018-07-12
could you make a set file for other currency like EURUSD
you don't need a set file, just leave default settings H1...asking for setfiles does not gaurantee you the same results as the person using them unless u have the same broker, do your own testing and come up with your own setfile that works for you, that's how u make your trading setup better
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