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The Fisherman EA

This Expert Advisor can be used to "fish" for quick retracements that take place within a major trend. Different filters can be used to determine the overall trend direction. Before entering a trade the program then wait for price moves against the trend. The EA provides different user inputs for volume and trade management. You can decide to close all the trades at a specific point in time during the day or use the trade management options to finish the job. Make sure to download the EA now to do your first backtests in the MT5 strategy tester.

The default settings of the program are NOT a recommendation. These are only the settings that I chose as default values in the development process but there might be far better settings. I cannot give any advice or recommendation here since I cannot predict future market movement. 

Please do your own testing with the free demo BEFORE purchasing the product!!


<Volume Settings>

Trading Volume: Mode for the calculation of the lot size for each trade

Fixed Lots: Lot size for each trade if the fixed trading volume mode is chosen

Fixed Lots Per x Money: Uses "Fixed Lots" per each x amount of money in your trading account

Risk Percentage of Base Money: The lot size for each trade will be calculated so that the set percentage of the Base Money input will be lost if the inital SL is triggered

Base Money: Used for the lot calculation in the percentage mode


<Order Settings>

Timeframe: Main timeframe for the signal calculation

Retracement Percent: Trades are opened if the current price is x percent above or below the open price of the current bar in the main timeframe.

TP Percent (0 = No TP): The distance form the entry order price to the TP

SL Percent (0 = No SL): The distance form the entry order price to the SL


<Time Settings>

Close Positions: Decides if open positions are closed at the close position time

Close Positions Hour: Hour for the close time of open positions

Close Positions Minute: Minute for the close time of open positions


<Trailing Stop Settings>

BE Stop Trigger Percent (0 = Inactive): The Break Even Stop is activated as soon as a trade is more than the BE Stop Trigger Percent in profit

BE Stop Puffer Percent: The Break Even Stop will move the Stop Loss BE Stop Puffer Percent in profit once it is activated

TSL Trigger Percent (0 = Inactive): The Trailing Stop is activated as soon as a trade is more than the TSL Trigger Percent in profit

TSL Percent: The Trailing Stop will be trailed in this set distance behind the current market price

TSL Step Percent: The SL will only be modified if it is at least this distance above the previous SL


The percentage is always based on the position open price!


<Filter Settings>

Buy Trades: The EA can open buy trades

Sell Trades: The EA can open sell trades

MA Filter: Decides if the Moving Average filter is used

MA Timeframe: Timeframe of the MA indicator

MA Periods: Periods of the MA indicator

MA Method: Method of the MA indicator

MA Applied Price: Applied price of the MA indicator

RSI Filter: Decides if the Relative Strenth Index filter is used

RSI Timeframe: Timeframe of the RSI indicator

RSI Periods: Periods of the RSI Indicator

RSI Applied Price: Applied price of the RSI indicator

RSI Level: Buy trades are allowed if the RSI < RSI Level and sell trades are allowed if the RSI > 100-RSI Level


<More Settings>

Object Color: Color of the chart objects (chart comment)

Order Comment: Commentary for every order the EA places

Magic Number: This number should be unique for every EA in your account since the EAs use it to identify their own trades

Chart Comment: Activates or deactivates the comment in the upper left corner of the chart

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Quantum StarMan
Bogdan Ion Puscasu
4.91 (79)
Hallo zusammen, ich möchte mich vorstellen: Ich bin   Quantum StarMan,   das elektrisierendste, frischeste Mitglied der   Quantum EAs-   Familie. Ich bin ein vollautomatischer, mehrwährungsfähiger EA mit der Fähigkeit, bis zu 6 dynamische Paare zu handhaben:   AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD und USDCAD   . Mit höchster Präzision und unerschütterlicher Verantwortung bringe ich Ihr Tradingspiel auf die nächste Stufe. Und hier ist der Clou: Ich verlasse mich nicht auf Martingale-Strat
Icona
Anton Kondratev
ICONA Es   ist ein       Vollautomatischer   Hybrid       System   mit offenen Optimierungsparametern und einem   Wiederherstellungsmechanismus in Echtzeit. Only 7 Copies of 10 Left  for 445 $ Next Price 899 $  Icona-Leitfaden Öffentlicher Gruppe beitreten Signale Provisionsrückerstattung Aktualisierung Mein Blog Not    Grid        Not    Martingale        Not     AI         Not     Neural Network.    Default Settings for One chart     AUDUSD H1    (Supports 1OHLC mode for weak PCs) Jede Pos
Big Forex Players MT5
Marzena Maria Szmit
4.83 (48)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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4.71 (14)
8 Berater zum Preis von einem Und es werden noch mehr kommen. Der letzte Bot, den du jemals kaufen musst! Ultimate Bot ist ein Multi-Strategie-Expert Advisor, der   XAUUSD, GBPUSD, AUDCAD, USDCAD, EURGBP, EURUSD, GBPJPY, USDJPY und EURJPY mit einer Kombination aus Trendfolge-, Mean-Reversion- und Breakout-Mustern handelt. Jede Strategie handelt mit Kontokapital, d. h., wenn eine Gruppe in Anspruch genommen wird, senken die anderen ihr Risiko und arbeiten zusammen, um die Performance zu optimi
FT Gold Robot MT5
Marzena Maria Szmit
4.47 (59)
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
Supply Demand EA ProBot MT5
Georgios Kalomoiropoulos
4.5 (2)
Ein vollautomatisierter Berater nach dem Prinzip von Angebot und Nachfrage . Das erste Unternehmen, das eine vollautomatische Bedarfs- und Angebotsberatung anbietet. Der Handel ist jetzt noch einfacher und Sie haben die volle Kontrolle über Ihre Handelsstrategie. Verwendet ein praktisches grafisches Bedienfeld. Sie erhalten eine sehr hochwertige algorithmische Handelssoftware mit über 15.000 Codezeilen. Anforderungen an den ProBot-Leitfaden für den EA-Vorschlag Der beste Weg, ein kompetenter
Apocalypse Gold
Xian Qin Ceng
5 (2)
Viele Leute mögen den XAUUSD-Handel, und ich bin keine Ausnahme. Nachdem ich einige Handelserfahrungen und harte Arbeit gesammelt habe, habe ich diesen Apocalypse XAU EA speziell für den Handel mit allen XAU-bezogenen Varianten entwickelt, wie z. Wenn man jedoch bedenkt, dass viele Menschen möglicherweise nicht alle XAU-Währungspaare, sondern nur XAUUSD handeln müssen, ist ein EA der Einstiegsklasse sehr sinnvoll. Deshalb habe ich beschlossen, Apocalypse Gold zu entwickeln, einen EA, der speziel
Aura White Edition MT5
Stanislav Tomilov
4.66 (35)
Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
Note: Current price is only available for a few copies, make sure you get it before the price goes up. Next Price: 599$ Welcome to the Gold Hype Expert Advisor, a state-of-the-art trading system designed to provide traders with a reliable, secure, and adaptable tool for navigating the complexities of the gold market. The Gold Hype system stands out by prioritizing risk management and transparency, ensuring that your trading experience is both safe and customizable. How it works | Extreme Risk S
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