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Bitcoin Wizard MT5

5

Bitcoin Wizard is designed for trading Bitcoin by placing pending orders based on high low at certain periods by taking advantage of strong momentum. 

Why Bitcoin Wizard :
  • Bitcoin Wizard is a fully automatic trade system, trade 24/7.
  • Does not use any risky strategies such as hedging, martingale, grid or multiple orders.
  • Every trade is protected by a stoploss of 100 pips.
SET UP
Symbol : 
 BTCUSD/BITCOIN
Timeframe : 
 M30
Test Period: 
 1/1-25/12/2023 Every Ticks 
Type of account : 
 Standard, Premium, ECN, RAW, Hedging, Leverage 1:500
Settings :
 Need Setfile
Minimum/Recommended Deposit :
 100$/1000$
Can work with other EAs :
 BITCOIN WIZARD can work properly with other EA in the same account
Expert input:

1. Manage Open Positions
  • Period in bars for indicators : How many bars should look back

2. Manage Lots and Money

  • AutoLot: Enable/disable autolots
  • if AutoLot = true, fill in Money to manage, $: Fill in money to manage (Example: your Balance 1000, fill in 200, Autolot = 1000/200=5 x 0.01 =0.05, so every 200$ increase, the lot will increase by 0.01)
  • if Autolot = false, fill in Start Lot: fill in the initial lot
  • Maximal Lots: max lots per trade

3. Manage SL-TP Settings
  • Stop Loss(in pips): Stop loss in pips
  • Take Profit(in pips): Takeprofit in pips
4. Manage Trailing
  • Trailing: enable/disable Trailing
  • Trailing Start (in pips): Trailing starts in pips
  • Trailing Size (in pips): Step trailing in pips
5. Manage BreakEven
  • Break Even: enable/disable Break even in pips
  • Break Even Start, in pips : Break even start
  • Break Even Step, in pips : Break even step

6. Manage Commissions

  • Include Commission: Enable it If the broker charges a commission
  • Commissions per lot, in money: Fill in commission per lot in money

7. Time Management

  • Use time control: restrictions on trading hours and days, this only applies to opening a new cycle. Timing use broker's server time.
  • Trade Start Time: Time to start trade
  • Trade End Time: Time to stop trade
  • Trade in Monday: Enable trade in monday
  • Trade in Tuesday:  Enable trade in Tuesday
  • Trade in Wednesday:  Enable trade in Wednesday
  • Trade in Thursday:  Enable trade in Thursday
  • Trade in Friday:  Enable trade in Friday
  • Trade in Saturday:  Enable trade in Saturday
  • Trade in Sunday:  Enable trade in Sunday

8. Manage News

  • Stop Trade by News: Enable/disable news filter
  • Show News Only This Chart Currency: Only shows news for the current chart/symbol
  • High importance: High importance news
  • High importance color: High importance color
  • Medium importance: Medium importance news
  • Medium importance color: Medium importance color
  • Low importance: Low importance news
  • Low importance color
  • Stop trade X seconds before the news
  • Stop trade X seconds after the news
  • Show timer before and after news
  • Period news updates in seconds

9. Manage Others

  • Max Spread (in Pips): maximum spread allowed
  • Max Slippage (in Pips): maximum slippage allowed
  • Coefficient (if Freeze=0 Or StopsLevels=0) : Fill in at least 1, only to anticipate volatile market conditions and the broker will increase freezelevel and stop level.
  • Magic number : EA identifies open positions based on this magic number.

Important Note :
  • Bitcoin Wizard is quite sensitive to differences in slippage and spreads between brokers. Recommended spread <1200 points, the smaller the better. BTC Spread comparison.
  • Before making a purchase, please backtest it at your selected broker to see if it is suitable.

Backtest
During the development, Bitcoin Wizard was tested for the backtesting period between 01.01.2023 and 25.12.2023 on 100% history quality data. 
You can do the backtest by using the following backtest settings:

Symbols: BTCUSD/BITCOIN 
Timeframe: M30
Modelling: 'Every Tick' is recommended.
Deposit: Minimum 100 is recommended
Leverage: Any
Input Setting : pls download the setfile at here 

If you have any questions or need help with setting the Expert Advisor up, please do not hesitate to contact us through PM. We will always try to reply as quickly as possible.
Before buying this product, please make sure you understand the risks involved with trading and that past performance is no guarantee for future results.










Bewertungen 1
Serafin Perez
3040
Serafin Perez 2024.05.19 12:23 
 

I had a small problem with the configuration and the author solved it almost immediately. Your signs say a lot about the quality of your products. Very professional.

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Sugianto
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Auswahl:
Serafin Perez
3040
Serafin Perez 2024.05.19 12:23 
 

I had a small problem with the configuration and the author solved it almost immediately. Your signs say a lot about the quality of your products. Very professional.

Sugianto
15277
Antwort vom Entwickler Sugianto 2024.05.19 12:26
thank you!
Antwort auf eine Rezension
Version 1.9 2024.07.14
Fix bug trailing
Version 1.8 2024.07.10
+ Added input parameter Include Commission in takeprofit, trailing and breakeven calculations
+ Added news filter
Version 1.7 2024.07.04
Update code for new build 4410
Version 1.6 2024.05.28
+ Added time management
+ Fixed takeprofit bug
Version 1.5 2024.05.13
+ Fix bug auto lotsize
+ added input parameter : Pending Order
Note : pls download the new setfile in the comment tab.
Version 1.4 2024.04.24
update code for 3 digits broker
Version 1.3 2024.02.02
Update code for stoploss and takeprofit
Version 1.2 2024.01.31
Change some code to make it more efficient
Version 1.1 2023.12.25
Added symbol BITCOIN recognized by bots