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Milestone
Here is the last version in case there are no more updates i found...
that is a good ea and very safe trading eurusd on 1H time frame it never loose . i have been trading it for longtime but it makes few profits .
yeah they have so many version of this ea but the author already stop developing this ea, the parameter is so complicated i agree with adbirt never loose if the settings is right, but small profit though
last time i try this is take long time for some few profit. but it not lose money.
i just listen this EA firstime what this EA works super or what or anything?
Milestone 22.5 is a trading expert advisor designed to automate trading in the foreign exchange market. The EA is highly customizable, allowing traders to set different parameters for their trading strategies.
Basic Settings:
MAGIC Number: This is a unique identifier for the EA. If set to 0, it identifies trades using the currency pair (symbol) instead.
Close All Trades: If enabled, it closes all trades for the specified MAGIC number.
Continue Trading: This option allows or disallows new trades while keeping existing ones open until they are in profit.
Enable Calendar: If enabled, the EA uses the Forex Factory calendar to filter trading signals based on economic events.
Risk Management:
Cross Pair Hedging: Keeps profitable trades open if the margin level falls below a certain threshold.
Safe Spread: Only opens trades when the spread (difference between bid and ask price) is below a specified maximum value.
Safe Growth: Closes all trades in a trading basket if a specific profit milestone has been reached.
Safe Exits: Takes profits if the historical profits exceed a certain value when the trading signal reverses.
Safe Milestone: Limits trading for a defined period if a certain profit milestone has been reached.
Enable Stop: Closes losses if the total loss exceeds a specified ratio of historical profits.
Carry Profits: Keeps profitable trades open until a certain trend strength changes.
Avoid Spikes: Only opens trades if the candlestick body size is below a certain value within the last few bars.
True Range: Only opens trades if the Average True Range (ATR) indicator is greater than a specified value in pips.
Trade Management:
Kill Basket: Closes the entire trading basket if certain conditions are met after a specific time.
Signal Filters:
Signal Front A and B: These filters are used to generate trading signals. They consider factors like overbought/oversold conditions, trends, and moving averages.
Signal Back A and B: These are similar to Signal Front A and B, but they are used for a different trading system (Back System).
Trading Schedule:
Trade Days: You can select which days of the week to trade (e.g., Monday, Friday).
Signal Hours: Specifies the time range for trading. The EA can be set to trade only during certain hours.
Trade Limits:
Max Trades: Limits the maximum number of open trades in a basket.
Time Management:
Refresh Hours: The EA resets its profit counter at this interval and limits further trading for that duration if certain profit conditions are met.
Lead Calendar Minutes: Avoids opening trades if a news event is coming up within a specified time.
Trail Calendar Minutes: Only opens trades if a news event has passed this time.
Sleep Seconds: Introduces a waiting period in seconds before allowing more trading.
Basket Seconds: Stops baskets that have been open for a certain time.
Kill Seconds: Closes the current trading basket at a break-even profit after a specified time.
Profit Management:
Basket Profit: The basket will try to recover a specified amount of historical losses but only closes profitable trades.
Open Profit: Closes the entire basket if the total open profit exceeds a certain ratio of the account balance.
Min Profit: Takes profit when the first trade achieves a certain ratio of the account balance.
Trend and Indicator Settings:
Trend Bars: The number of bars used to initiate a trading signal based on trend strength.
Min Range, Min Trend, Max Trend: Parameters that affect trade opening based on trend and range conditions.
Margin Level: Only opens new trades if the account's equity-to-balance ratio is above a specified level.
Position Sizing:
Margin Usage, Backup Margin: These settings determine the lot size calculation based on margin usage.
Min Lots: Sets a minimum lot size for all trades.
Trade Space: Only opens new trades if there are no trades near a specified ATR ratio.
Max Spread: Only opens new trades if the spread is below a specified value in pips (if Safe Spread is enabled).
Candle Spike, Spike Count: Parameters that consider candlestick spikes when opening trades.
Indicator Settings:
ATR Period, ATR Time Frame: These settings configure the Average True Range (ATR) indicator.
MA1 and MA2 Period: The period for the two moving averages used for trend strength calculation.
The EA's trading logic appears to involve analyzing trend conditions, range conditions, news events, and a variety of custom parameters to decide when to open, modify, or close trades. The risk management settings help control the potential for losses, while the trade management settings provide additional control over the trading process.
Please note that the EA is highly configurable, and its effectiveness depends on the specific settings you choose. It's important to thoroughly understand and test the EA in a demo environment before using it in a live trading account.
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