Recruitment of participants Steady EA MT5

Discussion in 'Expert advisors, trading robots, MT5 experts' started by GOODMEN, 30 October 2020.

Stage:
Recruitment of participants
Price:
1299.00 USD
Participants':
10 of 30
Organizer:
GOODMEN
33%
Settlement fee for participation:
45 USD
  1. GOODMEN

    GOODMEN Administrator
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    #1 GOODMEN, 30 October 2020
    Last edited: 5 August 2021
    Steady MT5

    "Steady" is a 100% adaptive expert advisor based on price movement. It has a built-in unique Smart Recovery algorithm.

    Only one trade at a time. Every trade has Stop Loss and Take Profit from very beginning, and they do not change.

    This is for those, who are looking for steady and stable growth over the long run.


    Take advantage of the launch promo price. Price will be increased up to $799 starting from November 1-st.


    There is a private telegram support group for real users only. Please, contact me for an invite link.

    I have started a few real-time signals and will share the results on a regular basic when data accumulates.


    Recommended pairs
    My favourite are EURUSD, EURJPY. You can also try other pairs with more conservative settings



    Broker and Leverage
    "Steady" is not broker sensitive, you may chose any broker you trust to. The less the spread is, the better.

    Recommended leverage is 1:100 and 1:500 is even better.



    Recommended TimeFrame
    Time Frame of the chart for real live execution does not matter. But, make sure that you have all timeframes data available in history center (F2).

    For BACKTESTING IN MT4 the timeframe must be M1. You also should load all available timeframes in MT4. In MT5 any timeframe for backtesting will work.


    Settings Description
    Base Lot, per every 1000 of Balance - sets the lot. It is calculated as BaseLot*(Balance/1000). So, if you have an Account with 2000USD and Base lot is 0.05, your traded lot will be 0.05*(2000/1000) = 0.1

    Recovery Aggression - "Steady" has a built-in recovery algo. It will auto increase the lot after the losing trade to recover the loss. Lott is calculated dynamically. The bigger the recovery aggression parameter is set, the more aggressive lot increase happens. If set to 0, there will be no lot increase and all trades will be performed with Base Lot, as per settings above

    Max Lot, times Base Lot - Limits the max lot, which can be used if Smart Recovery is enabled. It is set as a multiplier for base lot. I.e. if it is set as 15 and base lot as per calculations above is 0.1 lots, the Max allowed lot per trade would be 15*0.1=1.5
    Spread Filter - allows avoiding trades in high volatility times when broker increases the spread

    Magic Number - unique EA identifier. Should be set different in case when multiple instances of EA are used on the same currency pair.



    Buttons Description
    No Action - enables / disables "No Action" or Sleep mode, when EA is not taking any trading action. May be useful when you decide to manage trades manually. Also, you can enable No Action after migration to MQL5 VPS, so EA does not attempt to trade on your local PC.



    Recommended Setup

    Balance : $500 - $5000
    Base Lot, per every 1000 : 0.01-0.03
    Other Settings: defaults
    Pairs : EURUSD, EURJPY


    Limitations
    1) "Steady" is designed for trading ForEx. It was not tested on metals, shares etc.

    2) "Steady" will not work on accounts with overnight positions rollovers (closing and reopening by broker).


    2.jpg 3.jpg

     
  2. Dmk75

    Dmk75 New Member

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    This looks like a great EA to own! Any takers?
     
    Armoured likes this.
  3. Md Mijanur Rahman

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  4. Armoured

    Armoured New Member

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    This looks very good!
     
  5. Dmk75

    Dmk75 New Member

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    Looks like the price went up and seller will increase it soon again. Lets get asap guys! I've tested this one and it shows great and steady results!
    @Admin or @GOODMEN pls adjust the price for this one.
     
  6. AMI289

    AMI289 New Member

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    Hey guys,

    Any chance of also including the MT4 version of this EA?

    Also,
    I would like to run it on the JD Environment VPS.
    Is that possible?


    Cheers.
     
  7. racekarts

    racekarts Member

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    As it simultaneously trades multiple currency pairs, you can only test
    Definitely.... I'm in !
    MT5 version is strongly preferred.
    Cheers.
     
  8. Dmk75

    Dmk75 New Member

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    I could not wait for this forum to get it so I've purchased full version from the author and been running it for 3-4 days and its great so far. I recommend it.
     
    racekarts likes this.
  9. leehm

    leehm Member

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    Hi Admin, is it ex4 or mq4?
    Hope can get the mq4 file? Tks.
     
  10. GOODMEN

    GOODMEN Administrator
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    only ex5
     
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