Veltro Cycleripper MT5
- Experten
- Evren Caglar
- Version: 1.2
- Aktualisiert: 20 Juli 2024
- Aktivierungen: 5
Veltro enters trades with limit orders and manages orders with a trailing stop loss system. Every order comes with TP and SL levels straightaway. Like all our expert advisors Veltro does not use grid or martingale trading systems.
You can read my article for how to obtain x13x return with portfolio diversification.Safety Comes First
Veltro also bases on probability and percentile theories. Market inefficiency does not show up very often but when it appears, the win rate is very high and Veltro can generate x10 times risk-reward ratio.
Thanks to its robust algorithm, it can operate successfully under stressful trading conditions. Like all our expert advisors, Veltro has survived the financial meltdown period of Covid-19 Pandemic and 2021-2023 Financial Meltdown periods.Rigorous Testing Procedures in Our Artificial Trading Laboratories
Veltro Cycleripper has successfully passed our rigorous testing procedures and ready to show the same consistent performance in real trading.
More Opportunities Come with Portfolio Diversification
Before First Time Use The Veltro Cycleripper
We aim for 100% customer satisfaction with our products. We want Veltro Cycleripper to provide maximum benefits to every user. Therefore, you can always consult us on how to correctly setup the Veltro for your broker and with your risk limits.
We also kindly note that given its unbeatable performance and reliability, we offer Veltro Cycleripper with a deep discount for an introductory price.
1. After you purchase, you can contact me for installation and/or face to face remote help. It is pre-defined for EURUSD H1 charts. No set file is required.
2. We recommend testing Veltro Cycleripper in your broker without purchase and make sure it satisfies your expectations.
3. We recommend using Veltro Cycleprippe in a demo account for at least 2-3 weeks before you put it in a real account.
4. Recommended balance is $100 for 0.01 lot.
5. Always double check the magic number, lot size and the time frame.
6. You can improve the return with portfolio diversification. Please consider using our other expert advisors.
7. You can join the Institution Breaker's private community after purchasing the product. Only verified users can join. Just PM me after the purchase for the details.
Parameter Description
Parameter | Description | Settings |
---|---|---|
Bars Valid | Number of bars the limit orders will be valid. Default value is 7. After 7 bars, if not filled, order is cancelled. | Number |
Turbo Mode | When it is true, Veltro continues to open positions as long as trade signal continues. On default mode the Turbo mode is off. | True/False |
Exit After Bars | After entering a trade, the position is closed regardless of the profit or loss after certain bars. Default value is 6. | Number |
Move SL to Breakeven | After a certain point gain, SL is moved to breakeven. The default value is 55. | Pips |
Add to Move SL Coefficient | With this twist, the stop loss isn’t just moved to entry price; it’s shifted a few extra pips beyond that. | Coefficient |
Add to Move SL ATR Period | ATR period of the twist above. | Number |
Profit Target ATR Coefficient | Profit target ATR coefficient. | Coefficient |
Profit Target ATR Period | Profit target ATR period. | Number |
Stop Loss ATR Coefficient | Stop loss ATR coefficient. | Coefficient |
Stop Loss ATR Period Coefficient | Stop loss ATR period. | Number |
Linear Weighted MA Period | Period of Linearly Weighted Moving Average. | Number |
Limit Time Range | You can limit the operations of Veltro within a certain time period. You need to match time with broker's time. | Time |
Can and How Veltro Cycleripper Be Used In Prop Trading Challenges?
https://www.mql5.com/en/blogs/post/757739
Final Words
I kindly underline that our risk is the only thing we can control in financial markets. Therefore, appropriate risk management is the beginning of everything in financial markets. The foundation of wealth stems from the aggregation of small gains over time. We advise you do not take aggressive risks with Veltro Cycleripper.
Using for a while and I am happy so far. Developer is helpful. I like how it places orders, entering the trades with limit orders is not common. Keep up the good work Evren.