Buy SharkEA MT4 [purchase#2]

SharkEA MT4 [purchase#2]

This robot goes with short term trends that are typical for liquid markets such as Forex. It uses mean reversion principle together with careful filtering of entries and advanced «smart» price tracking algorithm to maximise win rate while keeping risks at bay. It is intended for long term use only. It is more suitable for experienced users. Lots of settings for customization. Still can be used by anyone with default settings. Easy setup. No special knowledge needed.

Monitoring: https://www.mql5.com/en/signals/810298

Timeframe is M5.
Minimum account balance: $50.
Default parameters are for EURUSD M5.

Features:

• Every trade is protected by stop-loss
• It follows the market by moving Take Profit towards the average price
• No dangerous money management are used. Grid is optional and not used in my signals
• Stress tested with 99.90% tickdata using variable spread
• The EA is very easy to setup and use

IMPORTANT: Pay attention to GMT parameters! In order to get proper results, you have to set them correctly according to your broker GMT Offset

Settings:

• Fixed Order Size - fixed trading lot
• Enable AutoLot - use automatic lot calculation
• Balance For Every 0.01 Lots - balance to be used per 0.01lots (automatic lotsize based on balance)
• MaxRiskPerTrade - auto MM based on the stop loss and deposit size. For example: at a value of 5, closing a trade by stop loss will result in a loss of 5% of the balance
• Maximum LotSize - maximal allowed trading lot
• GMT Offset Auto - if true, the EA will find the GMT offset automatically. Allow requests to https://www.worldtimeserver.com
• GMT Offset Manual - set your broker's time zone (in winter)
• Adjust DST Manual - set your broker's DST
• Enable EMA Filter - enable or disable the daily EMA filter
• EMA Period - period for daily EMA
• Start Hour - hour to start trading
• Stop Hour - hour to stop trading (searching for new signals)
• MondayTrading - true/false - enable or disable trading on Monday
• TuesdayTrading - true/false - enable or disable trading on Tuesday
• WednesdayTrading - true/false - enable or disable trading on Wednesday
• ThursdayTrading - true/false - enable or disable trading on Thursday
• FridayTrading - true/false - enable or disable trading on Friday
• FridayExit - true/false - if you wish to close all trades on Friday, you should use FridayExit=true
• FridayExitHour - the robot will close all open positions at this hour on Friday
• Trade Direction - long and(or) short can be selected
• Multiple Trades - this option allows the EA to keep several trades open at the same time. Each trade is opened with a new signal.
• Maximum Spread - maximum allowable spread, pips
• Maximum Slippage - maximum allowable slippage for instant accounts, pips. Increase it to avoid re-quotes and off-quotes
• Max Take Profit - max. initial take profit in pips (1 pip = 10 points for a 5-digit broker). TP can be negative as the EA always moves it to an average price. So the TP order can be used as a stop loss
• Max Stop Loss - max. stop loss in pips
• Max Holding Time - maximal position holding time - a maximum number of bars between opening a position and closing it completely
• Hide Stop Loss - enable/disable hiding stop-loss (SL is executed by the EA). If Grid strategy enabled, SL will be disabled at all
• Magic Number - unique identifier for EA's orders
• Order Comment - comment for EA's orders
• Enable Grid - enable/disable grid strategy. I will not use the grid strategy, it was requested by customers
• Grid Spacing/Grid Multiplier/Grid Size - space between orders (pips) / grid multiplier / max. number of grid orders
• Grid Custom Multipliers - custom multipliers for each step separated by a comma, for example - 1,2,4,8,16
• GridTakeProfit - TP value for the basket in pips (only if grid is enabled)

updates are not guaranteed.

 

very little time before the price increases....

 

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