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EA Pump and Dump for MT4

5

Strategy logic

Pump and Dump Expert Advisor is a fully automated trading advisor created by a trader for traders. The strategy is “buy cheaper, sell more expensive”. Orders are opened after a significant rise / fall in price.
The basic meaning of the Pump and Dump strategy is to buy an asset cheaper when the price falls, and sell it higher when the price rises.
You have probably noticed that after sharp price movements in the market, a significant price rollback occurs in the opposite direction, so-called “hairpins” are drawn, the EA catches moments of strong growth or fall in prices, and enters the market based on these signals. I explain in more detail in the video and in the screenshots.

The advisor's strategy is based on an algorithm for identifying overbought and oversold zones of an asset based on the analysis of% price change using the iPump indicator, the indicator estimates the level overbought / oversold of an asset and based on this, the adviser identifies the most optimal buy / sell zones of a traded instrument, and then enters into the market.

Advantages

  • The built-in mechanism of Risk Management, which allows you to initially set the maximum allowable level of account drawdown, will be able to stop trading in time and save capital.
  • Control of trading stop time. The Expert Advisor can suspend trading at a predetermined time interval in case of exceeding the risk management. For ease of control, an event signal will be sent directly to your mobile phone using Push notifications.
  • Built-in mechanism for multiplying the profit of orders. The mechanism for increasing profits is activated if the price follows the trend.
  • Instant notifications of the Risk Manager about the state of the account to a mobile phone using Push messages.

After purchase, write me a message, I will help with the best settings and sets.

MyfxBook monitoring: myfxbook.com/members/SeniorTraderI



Input parameters


iPump %change - sets the% change in the iPump indicator, at which orders will be opened.

Multiplication_Profit = true / false - use of the profit multiplication parameter, when this parameter is enabled, orders are added only along the trend.

Two side = true / false - When this option is enabled, the opening of positions occurs upon the presence of a signal, without waiting for the closure of orders opened by the opposite signal.

First Lot - The initial lot of the order. If set to 0, the volume will be calculated using the function of the percentage of the balance (Lot_Proc_from_Balance).

Lot_Proc_from_Balance - Calculation of the volume of orders depending on the balance with subsequent autoincrease / -decrease. If set to 0, the volume will be calculated using the First Lot option.

TP_pips - take profit value in pips.

Distance - distance to open a series of orders

Step Distance - step distance of a series of orders

Plus - the number of points added to the level without losing positions when closing a series of orders.

Slippage - allowable slippage in pips for opening a trade.

Risk management settings

Maximum DrawDown - the maximum allowable drawdown, upon reaching which unprofitable positions will be closed, provided Delete Orders = True

Pause_hours_ after_error - the number of hours for the EA to stop working after exceeding the maximum drawdown limit.

Delete Orders = True / false - when this parameter is enabled, if the maximum drawdown is exceeded, the advisor will delete all orders and stop trading, having previously notified you using Push notifications.


General recommendations


Time Frame: the advisor can be installed on any TF, the price analysis takes place inside the advisor code, so it doesn't matter which TF you install the advisor on, you can bet on H1 as a base, when testing m15.

Recommended lot: 0.01 lot for every 1000 - 2500 $, depending on the risk.

The recommended deposit: is from $ 25 on a cent or from $ 2500 on a real account for 0.01 starting lot.

Currency pairs: EURUSD, AUDNZD, NZDCAD, AUDCAD Additional EURGBP, GBPUSD, USDCAD, GBPCAD, EURCAD

It is important to change the value in the Magic number when using the Expert Advisor on several pairs.

Reviews 1
Bidhan A Patel
1064
Bidhan A Patel 2022.10.20 00:13 
 

Been using it for almost a month and so far so good, only trading EURUSD and USDCAD, the results are good and EA is very stable ...., will update the review in the future if anything changes...

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Now you can download the demo version of Aurum Apex from the Comments tab to evaluate its live performance on your own broker! Aurum Apex EA is a robust 100% automated trading tool designed for the MT4 Platform. It performs real-time market analysis, detecting various trading opportunities. Suitable for traders of all levels, Aurum Apex EA offers three risk modes, adjustable via the Risk parameter: Risk = 0.1 (Low Risk): Ideal for new traders who are unfamiliar with gold movements. This setting
Oceania Emperor AI EA always  profit results are variable and determined according to the market movement.The indicators used in EA expert have nothing to do with the standard indicators in the market and are completely derived from strategy ,It was developed by ENZOFXEA team in Germany with experienced traders with more than 15 years of trading experience. It's multi currency  { AUCAD , AUDNZD , NZDCAD }  You launch all three currency pairs at the same time and the activity is high. All types o
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A Richter Expert is a professional market analyst working using a specialized algorithm. By analyzing prices over a specific time period, it determines the strength and amplitude of prices using a unique indicator system based on real data. When the trend and its direction change, the expert closes the current position and opens a new one. The bot's algorithms take into account signals about overbought and oversold markets. Buying occurs when the signal falls below a certain level and then rise
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The panel has the most intuitive interface that every beginner can handle. In the SLp column  – you need to specify the SL size in pips. If the value turns gray and at the same time the Bay / Sell buttons are also inactive, then you have specified a SL value that is less than that allowed before it was set by your broker. In the TP% column   – you indicate TP in% of the account balance. In the settings, you can choose on the basis of what this indicator will be calculated, by equity, balance or
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Script Close All Positive Orders for MT4       - will allow you to quickly close all profitable orders on your account. The script is   suitable   for moments   when you need to quickly close all profitable orders   . The script has the only parameter for setting Profit_in_pips - in it you specify how many points of profit should be on the order so that it falls under the conditions for closing the position. The script is very easy to use   , just drag and drop the script onto the chart and it w
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Forex Calculator   is a must-have program for every trader. This script allows you to calculate the percentage% risk of a deposit depending on the set Stop Loss in pips. The advantages of the script: You always know exactly what you are risking in every trade The calculator takes into account the contract specification Only 2 columns for data entry risk and Stop Loss size in pips Recommended Robot Scalper -   https://www.mql5.com/en/market/product/77108 Options Risk_in_%   – the percentage of
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Description of the advisor Smart Expert Advisor is an automatic grid trading advisor with auto-selection of settings for each trading pair. The Expert Advisor automatically selects the settings for each currency pair, thus you do not need to define the parameters for each pair, calculations are based on the volatility of the instrument being traded. At the time of trading, you can set the direction of entry points. Enable filter by trend. About strategy The EA is based on the logic of catching
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Bidhan A Patel
1064
Bidhan A Patel 2022.10.20 00:13 
 

Been using it for almost a month and so far so good, only trading EURUSD and USDCAD, the results are good and EA is very stable ...., will update the review in the future if anything changes...

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