Market / MetaTrader 5 / Experts /

Volatility Trade Master

100 USD

Demo downloaded: 27

Published: 23 March 2024

Current version: 1.3

Volatility Trade Master

Experts
Lefika Raphel Sebatane
Version: 1.3
Updated: 17 July 2024
Activations: 10

The "Volatility Trade Master " Expert Advisor as the name suggests is a master in trading volatile markets. It was primarily designed to trade the synthetic volatility indices found under Deriv Broker.

The EA targets probable turning points of the market by analyzing multiple timeframes at the same time and choosing the best time time to enter a trade. The pro feature for the EA is its unique risk management system that include a sophisticated recovery mode and loss minimizing features.

YouTube Video link - https://youtu.be/7SfoY9zlfqY

ATTENTION - This EA was designed to raise small account (10 USD - 100 USD) so by default it only opens two trades at a time.

FOR DERIV TRADERS - The recommended symbols are volatility indices only .

- Tested on Volatility 100 index.

Risk Management

- Recovery Mode - It is turned ON automatically when a trade closes in a loss AND turned OFF when losses are recovered.

- It has its own entries which are different from main EA entries.

- Does not use martingale or any grid system.

- Profits are tracked to allow only a certain profit drawdown percentage. [Drawdown % = [(maxProfit - currentProfit) / maxProfit] * 100]

- Risk mode based on percentage chosen by user in inputs.

- Lot sizing has HIGH RISK and LOW RISK.

Order Management

- A virtual trailing stop is used to allow the user to trail at any distance without "INVALID STOPS".

- A virtual Break-Even that prevents trade from closing in loss.

- No limit / stop orders are used, all trades are spontaneously opened.

- Supports TP and SL.

- Supports auto lot.

Additional Features

- A simple information display panel.

- Supports push notifications for entries and exits.

SPECIAL TRADE BUTTONS

# SALVAGE-The current running trades for that symbol will automatically close once they are in profits.

# AUTOCLOSE - If Turned OFF, positions will not be closed when they start running into losses or profits.

- Do not forget to turn on after trades have been closed.

# BUY & SELLL - Runs trade functions of the EA to open trades. Only opens 2 trades max.

# CLOSE - Runs close function of EA. Recent loss and Loss will only update if positions are closed with this button.

# RESET - Total PNL and Lot size will be reset and current balance taken as initial balance.

INPUTS - all inputs are self explanatory and the recommended values are the default values but feel free to make some tweaks.

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Version 1.3 2024.07.17

New Update
- Improved entry criteria.
- Added better position management strategy.
- Improved info panel and added trade management buttons.

Version 1.2 2024.04.01

**Update** -Removed multiple alerts.
- Updated information panel.
- Updated lot sizing.

Version 1.1 2024.03.30

**Updates** - New and improved lot sizing algorithm.
- Better trade entry rules and exit rules.
- More information displayed on info panel.