Market / MetaTrader 4 / Experts /

CadenceFX MT4

119 USD

Demo downloaded: 115

Published: 23 November 2023

Current version: 1.2

CadenceFX MT4

Experts
Miss Supatcha Pigulkaw
Version: 1.2
Updated: 15 July 2024
Activations: 10

Key Features:

Dual Indicator Strategy: The EA utilizes Bollinger Bands and Stochastic Oscillator to identify reversal points, ensuring precise entry and exit signals for profitable trades.
Trend Filtering System: CadenceFX incorporates a trend filtering system to prevent trading in strong trend conditions, enhancing trading accuracy and reducing potential losses.
Patience in Trading: The EA waits for the market to retrace before entering trades, ensuring a strategic approach to trade execution.
Dynamic Lot Sizing: Automatically adjusts the lot size based on the current account balance, optimizing risk management and capital preservation.

MT5 Version: Click Here

Live Signal: https://www.mql5.com/en/signals/2247553

Backtest Details:

Modelling Quality: 100% Real Ticks History Quality
Spread: Variable
Time Period: 2010 – 2024.05
Symbol: USDCAD
Timeframe: M15
Risk Level: Medium-High Risk
Initial Deposit: $10,000

*Backtests should be conducted with Tick Data Suite GMT+2 with US DST. This GMT offset is widely used by most brokers.

Key Results:

Total Net Profit: $3,028,904.53
Profit Factor: 2.24
Recovery Factor: 7.21
Maximal Drawdown: $115,378.83 (5.47%)
Total Trades: 4982
Winning Trades (%): 70.71%
Losing Trades (%): 29.29%

The growth chart shows the account balance steadily increasing, with significant upward trends in later periods.

Settings:

Risk Management: Customize the level of risk according to your trading preferences.
Take Profit for Initial Trade: Set the take profit level in pips for the initial trade.
Take Profit for Pips as Position: Specify the average profit in pips to aim for when opening multiple orders (2-3 orders).
Bollinger Bands Period: Determine the period of the Bollinger Bands used for calculating upper and lower levels.
Stochastic Indicator Parameters: Set the periods and values for the Stochastic indicator to fine-tune trading signals.
Trade Distance: Define the minimum distance in pips between trades.
Trade Multiplier: Specify the multiplier for the lot size of the next trade.
Stop Loss: Set the percentage of your account balance to be used as a stop loss.
Maximum Slippage: Specify the maximum allowed slippage in pips for trade execution.

*** The only thing I recommend you adjust in this EA is to choose the lot size setting as you prefer.

Select True for your desired risk management setting: either Select_Risk_Setting, Select_Percent_Setting, or Select_Fix_initial_lot (choose only one to be True).

Once you've selected True, choose the risk level or input a numeric value under that option.

Recommendations:

Currency Pairs: USDCAD
Timeframe: M15
Account Type: Suitable for any account type, with a preference for ECN/Raw spread accounts.
Leverage: Recommended leverage of 1:100 for optimal trading conditions.
Settings: Default settings provided for ease of use.
Minimal/Recommended Deposit: Start trading with a deposit of $3000 or 3000 US Cent to effectively implement the EA's strategy.

more...

125

Xolani Vusi Dlamini 2024.09.22 09:05 #

It is a good Expert

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EuroPips Pro is a sophisticated and reliable Expert Advisor (EA) designed to capitalize on trading opportunities in the forex market. It is equipped with a comprehensive set of features and indicators to identify profitable trading signals and manage trades with precision and efficiency. Key Features: 1. Currency Pair and Timeframe: EuroPips Pro is specifically optimized for trading the EURUSD currency pair on the H1 timeframe, allowing it to focus on this market with a high level of precis

109 USD

EA Grid- BollSto is a hybrid strategy that has been tested and optimized using 99.9% tick data from 2008 to 2023. Its main signal is based on Bollinger Bands, with Stochastic as a confirming signal to identify trends. It can be used on various timeframes such as M15, M30, H1, H4, and D1, with customizable settings. * Recommended to use 1 timeframe per 1 account to limit risk. The risk management system allows you to choose your preferred risk level. The user-friendly interface, coupled with hig

119 USD

DynamicBandit EA is a unique and versatile hybrid strategy that has undergone rigorous testing and optimization using 99.9% ticks data from 2010 to 2023. Its core strategy is based on Bollinger Bands, complemented by Envelopes to confirm trend identification. With our risk management system, you have the flexibility to choose your preferred risk level. The user-friendly interface, combined with high-quality stability and real-time processing modules, offers an extensive array of configuratio

119 USD

EA Grid- BollSto is a hybrid strategy that has been tested and optimized using 100% History Quality from 2008 to 2023. Its main signal is based on Bollinger Bands, with Stochastic as a confirming signal to identify trends. It can be used on various timeframes such as M15, M30, H1, H4, and D1, with customizable settings. * Recommended to use 1 timeframe per 1 account to limit risk. The risk management system allows you to choose your preferred risk level. The user-friendly interface, coupled wit

119 USD

The EA "StochRider" is developed for trading the EURUSD currency pair in the M15 timeframe using an effective trend-following strategy. The main entry signal is based on the chart hitting a support or resistance line, and a secondary signal is used to filter reversal signals using the Stochastic Oscillator to mitigate potential unwanted orders. Details of the EA: Name: StochRider Main Entry Signal: Chart hitting support or resistance lines Secondary Entry Signal: Using the Stochastic Oscillat

99 USD

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