Never Dies MT5

Never Dies EA is a super professional EA using advanced mathematical and statistical theories. The EA analyzes multiple timeframes (Chart Timeframe and D1) to detect strongest directions and verify signals. The EA is in the category of HFT trading EAs and will not use any dangerous recovery methods such as grid, martingale, hedge, ....

All trades are powered by TP/SL to control the risk of the account.

Also some smart algorithms inserted inside the EA to adjust some settings based on selected symbols and timeframe automatically. So using the EA is easy for all traders. Only some major settings are added to the EA input parameters.

Usage :

You can use EA on all trading symbols and all timeframes. The better performance is on 28 major and cross Forex pairs and medium timeframes. (Such as M15,M30,H1).

No need to use VPS.

Use EA on Hedge Accounts Only. (Netting is not supported)

The Monitoring signal on the real account will be published soon.

The EA inputs :

• Signal Settings
• Fast Period and Slow Period : The EA needs two periods for operation. This is not a simple two indicator crossing or comparison. The algorithm of the signal using two different periods is very complicated. Please don't ask me to explain details of the strategy.
• Points to Wait for Signal Verification : Waiting for enough movement in direction of signal to make sure about the correct trend detection
• Precision : The Precision of Signal detection algorithm. (Use values in range of 1~10)
  
• General Settings
• Trade Type : Options : "Long,Short,Long and Short,Long or Short". The option "Long or Short" means if a long is opened already, short order will not enter until closing all longs and vice versa.
  
• Magic Number
  
• Max Spread : To avoid opening orders on larger spreads. Use 0 to disable the filter.
• Near Position Existence Filter : To avoid opening more trades at same range
  
• Take Profit : The amount of profit of orders based on points.
  
• Stop Loss : The amount of stop loss of orders based on points. Use values larger than or equal to take profit.
• Closing All Trade Options : Options to close all trades at once, if predetermined amount of profit or loss reach.
  
• Lot Size
  
• Lot Size Mode : Options : "Constant, Auto Lots Based on Balance"
  
• Constant Lots
  
• Lots Per 1000 Balance
  
• Trailing Stop and Break Even Options
• Time Filter
• News Filter

Optimization :

You can optimize all input parameters of the EA. But for faster and better results, it is recommended to use optimization settings on the attached screenshots. Also it is recommended to optimize the EA for fixed lot and large account deposits. After adjusting all parameters, you can change or optimize volume settings based on your account size.

Recommendations :

On real trading, use lower trading volumes than your test results. Especially if you are using EA on multiple symbols, reduce trading volumes.

The EA may have consecutive losses. So it is recommended to use lower trading volumes to be able to recover such cases.

We recommend using about 10% of tested (or optimized) lot sizes on real trading. If trading on multiple symbols at the same account, use lower lots such as 5% or lower.

Factors affecting profits :

• Liquidity – The liquidity of a market can affect the performance of the EA. But there is no major effect.
  
• Volatility – Unlike scalper traders, the EA can not make profits all day because of medium sized TP/SL. Imagine if its price does not move all day, EA can open some new trades but can not make profit all day. Anyway They do not need to worry about sudden price changes.
• Slippage – Don't worry. The EA is not sensitive to slippages.
• Spreads – The EA is not sensitive to spreads. But if you are trading aggressively, take care of your account on spread widening times. Of course low spread accounts are better for any trading EA.
• Time frame – The EA entry algorithm is not dependent to a specific timeframe. But the performance on medium timeframes is better.
• Risk management – Rather than looking for one big trade, this EA looks for hundreds of small trades throughout the day/week/month. In this process the EA might also take lots of losses during the same time period. Also the number of open trades increases meaningfully. So take care about your adjustments of trade lot size and the maximum allowed number of trades.
• Account size - If your trading balance is low, use micro or cent accounts. EA can support such accounts also.