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Alladin5FX
Just sharing a few views on this EA Alladin . It worked well with many pairs, particularly the EURUSD 15M. This expert uses Williams Power. Moving average, atr. You look all the settings for indicator.
Aladdin5FX.mq4 59.17 kb, 52 downloads since 2015-03-12
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lubex5 wrote:
Just sharing a few views on this EA Alladin . It worked well with many pairs, particularly the EURUSD 15M. This expert uses Williams Power. Moving average, atr. You look all the settings for indicator.
It should be an optimization and a slightly redone of the Wall Street Forex Robox.
aladin_eurusd.set 6.49 kb, 20 downloads since 2015-03-12
lubex5 wrote:
lubex5 wrote:
Just sharing a few views on this EA Alladin . It worked well with many pairs, particularly the EURUSD 15M. This expert uses Williams Power. Moving average, atr. You look all the settings for indicator. It should be an optimization and a slightly redone of the Wall Street Forex Robox.
Using it a live account on alpari nz, demo account with trade copier, with pair eurusd and audusd on 15M on timeframe. This is a good EA with a number of parameters. Try to test it using a free bonus account. In this way, if you blow your account, it’s ok since you did not spend anything but if it makes some good profits, you can withdraw them.
alladin.png 106.4 kb, 13 downloads since 2015-03-12
The EA Aladdin 5 FX uses a variety of indicators to make trading decisions, including the CCI, MA, WPR, and ATR. It also uses a number of risk management features, such as TakeProfit, StopLoss, and AutoMM.
The EA trades on the M5 timeframe and can be used on any currency pair. It is designed to be used in both live and backtesting environments.
It has a number of parameters that can be customized by the user, including:
AutoMM: This parameter controls the amount of money that the EA risks on each trade. It can be set to a fixed amount, or it can be set as a percentage of the account balance.
RecoveryMode: This parameter controls how the EA behaves when it is in a Array. If RecoveryMode is set to TRUE, the EA will use more aggressive risk management settings in order to recover its losses.
MaxSpread: This parameter controls the maximum spread that the EA will accept before opening a trade. If the spread is too wide, the EA will wait until the spread narrows before opening a trade.
Slippage: This parameter controls the maximum amount of slippage that the EA will accept before opening a trade. If the slippage is too high, the EA will cancel the trade.
The EA also uses a number of technical indicators to generate trading signals, including:
iMA: Moving average
iCCI: Commodity channel index
iATR: Average true range
iWPR: Williams' Percent Range
The EA uses these indicators to generate buy and sell signals based on the following criteria:
Buy signal: The iMA crosses above the iCCI, and the iWPR is above a certain level.
Sell signal: The iMA crosses below the iCCI, and the iWPR is below a certain level.
The EA also uses a number of other filters to prevent it from opening bad trades, such as:
Price filter: The EA will not open a trade if the price is outside of a certain range.
Volume filter: The EA will not open a trade if the volume is below a certain level.
Time filter: The EA will not open a trade during certain times of the day or week.
Once the EA has generated a trading signal, it will open a trade in the appropriate direction.
The EA also uses a number of risk management techniques to protect the account from losses, such as:
Stop loss: The EA will place a stop loss order below the entry price of each trade.
Take profit: The EA will place a take profit order above the entry price of each trade.
Trailing stop: The EA will trail the stop loss order behind the current price of each trade.
Overall, the "Aladdin 5 FX" EA is a complex trading expert advisor that uses a variety of technical indicators and risk management techniques to generate and manage trades.
Aladdin5FX.mq4 59.17 kb, 4 downloads since 2023-11-05
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