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  • Comments (13)
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Sharp EA MT5

5

A trend based expert
This expert predicts the future by using trend patterns and trend indicators and short-term and long-term calculations.
Trends change quickly in lower time frames, so this expert is suitable for M30 and above.
In this expert, we tried to use currency pairs that are aligned with our strategy. Best currency pair: Euro Dollar
In this expert, dozens of different indicators and dozens of different strategies (the main ones are trend-based strategies) are used.



Attributes:

  • Can be used in the EURUSD, GBPUSD, USDCHF, NZDUSD  currency pairs
  • Can be used in M30, H1, H4 time frames
  • Has profit limit and loss limit
  • Can be used with low capital
  • According to FIFO rules
  • Without using risky strategies like martingale or hedge
  • Can be used in prop companies

    Minimum tested capital
    100$
    Minimum tested leverage
    50
    best brokers for this expert
    Big and well-known brokers
    best currency pairs for this expert
    EURUSD , GBPUSD , USDCHF , NZDUSD
    best time frames for this expert
    M30 , H1 , H4


    Settings:

    • magic Number: If you want to use several experts at the same time, this setting is useful for you. Each expert must have a different magic number.
    • Order Long: If you want to disable long (buy) trades, this setting is useful for you. By default, long trades are active
    • Order Short: If you want to disable short (sell) trades, this setting is useful for you. By default, short trades are active
    • comment: If you want to distinguish the trades of this expert from other experts, this setting is useful for you.
    • Risk: This setting is useful for all traders. The best amount of risk is 2%. In the beginning, don't take too many risks
    • Set the Lot value manually: If you want to set the lot value manually (not automatically in the settings above), this setting is useful for you. Specify the lot amount so that the expert trades the same amount in each trade.
    • take Profit : If you want to set the profit limit yourself, this setting is useful for you. These settings are based on points.
    • stop Loss :If you want to set the loss limit yourself, this setting is useful for you. These settings are based on points.
    • trailing stop: If you want to take care of your profit, this setting is useful for you.
    • days of the week: If you want the expert not to trade on some days, this setting is useful for you.


    Frequently Asked Questions:

    • Does this expert comply with FIFO rules?
      Yes, this expert is fully compliant with FIFO rules.
    • Can this expert trade at the same time in the 4 currency pairs you mentioned?
      Yes, this expert can trade simultaneously in all currency pairs and all time frames.
    • Does the expert also trade with symbols that have suffixes, such as "EURUSD.c" or “EURUSD.b” or “Gold” or “EURUSD.a” or…, or does it require special settings?
      This expert automatically recognizes the symbol and trades. No special settings are required. If the gold symbol in your broker has a prefix or suffix, don't worry.
    • Will you be updating Expert in the future?
      Yes, we update the expert every 1-2 months and put it on the site. If you have any suggestion or criticism, be sure to tell us so that we can fix the problem in the next version.
    • Are the updates free?
      Yes, updates are free for those who have purchased or rented Expert. We will put the new update on the site and Metatrader.
    • Can this expert be used in other symbols?
      You can run this expert in other symbols. Expert also trades. But the results of other symbols are not like the symbols we have proposed
    • What is the average number of trades?
      The number of trades in backtest and live are exactly the same. So you can see the number of trades in the backtest with your desired settings.
      For example, in the last month, then you will get the answer. The average number of trades in live is the same as the average number of trades in the backtest.
      Because of the different settings, I can't say one number that is the same for all buyers. So based on your settings, you can find the average.
    • Should the expert be active all the time (24/7)? Does that mean I have to use VPS?
      There is no need, you can only run the expert as many times as you want. But if Expert Trade is open, it is better not to close it. So if you use VPS, it is better.


          Click here to view all the help pages


          Reviews 5
          Haohao Wang
          861
          Haohao Wang 2024.03.21 04:01 
           

          I use tick data to test the Sharp EA, it is showing stable profit, Risk=6 is suitable for me The developer is doing very professional work, thanks I will test it on Demo Account with VPS about 1-2 months first

          Zocom123
          43
          Zocom123 2024.02.22 12:32 
           

          This Bot is the best ever! I use it for Prop as well. Just one thing, it would be great if there is a filter for News but the admin told me he will insert a newsfilter :)

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          Filter:
          Eric Kirk
          64
          Eric Kirk 2024.07.12 10:17 
           

          User didn't leave any comment to the rating

          Peter Moser
          63
          Peter Moser 2024.05.21 11:58 
           

          User didn't leave any comment to the rating

          Haohao Wang
          861
          Haohao Wang 2024.03.21 04:01 
           

          I use tick data to test the Sharp EA, it is showing stable profit, Risk=6 is suitable for me The developer is doing very professional work, thanks I will test it on Demo Account with VPS about 1-2 months first

          Zocom123
          43
          Zocom123 2024.02.22 12:32 
           

          This Bot is the best ever! I use it for Prop as well. Just one thing, it would be great if there is a filter for News but the admin told me he will insert a newsfilter :)

          Mansour Babasafary
          15097
          Reply from developer Mansour Babasafary 2024.02.22 20:55
          Hello. Thankful. Yes, we will add new settings in each version. The news filter will also be added in the future.
          Mark Meyers
          61
          Mark Meyers 2024.01.22 07:48 
           

          User didn't leave any comment to the rating

          Reply to review
          Version 1.60 2024.10.05
          Strategy and patterns updated.

          The setting of the maximum DD value was added to the expert.
          To learn more about these settings, read the Settings Help page.
          Version 1.50 2024.07.29
          Added notification settings:
          If you wish, enable this setting to receive a notification on your computer or mobile when the expert trades.

          Added "maximum spread" settings to Expert:
          If your broker's spread is greater than this number, expert will not trade.
          These settings are suitable for when the market has strong fluctuations (such as news) or when the market is closed (brokers increase the spread), and it prevents the expert from doing trades with a large spread.
          Version 1.40 2024.05.31
          Prop form settings were added to Expert
          From now on, you can use this expert in prop accounts.
          Version 1.30 2024.03.19
          Thank you for your patience and kindness, dear buyers

          The strategy was updated. With the latest methods of 2024

          Added trailing stop settings

          Added settings for days of the week

          Fixed FIFO settings problem

          Fixed some small bugs

          The problem of foreign currencies (such as Japanese yen) has been solved

          For more information, you can refer to the settings guide page.
          The programmer team will do their best to get your satisfaction.
          Version 1.20 2024.01.13
          Fixed risk setting issue.