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Alexandrit

50 USD

Demo downloaded: 21

Published: 21 August 2024

Current version: 1.10

Alexandrit

Name: Alexandrit
Price: 50.00 USD
Rating: 5 (1 reviews)
Author: Florian Riedrich

Experts
Florian Riedrich
Version: 1.10
Updated: 3 September 2024
Activations: 5

Launch Promo: $50 This is just a start. So the price is low. As soon I have time to improve the EA, the price will rise.

This is my own developed EA "Alexandrit"

The basic idea behind it is trading the Trend.
It trades currency pairs only (no metals or indices).
My personal profit-goal: 8% per month. More is possible, but it comes with risks of course. Max DD should not exceed 50%. You can chose to cut all positions when a DD exceeds a certain amount.
No AI, neural network, ChatGPT is used
The EA is adopting to each symbol automatically. There is no input needed from your side.
You will get a basic risk management:

restriction in amount of parallel used currencies
Swap-Filter is included (pairs with bad swaps are not traded)
Full Account-Stop-Loss if we have to cut losses

The EA uses a grid and martingale system to gain profit. Martingale is nothing bad if you know how to use it. Please do your own backtests. Of course, overtading is still possible, but we don't do this. So a proper risk management is as important as a close observation of the EAs work. Please keep this in mind. Profits are in hand but we have to work for it as well. There is no set-and-forget-robot.
If you need an advise for a cent-account-broker please let me know.
Also a VPS is needed. If you need an advise here as well, get in touch with me!

Link to account

Live account

Setup

Timeframe: M15, H1 and H4
recommended pairs M15: AUDCAD, EURGBP
recommended pairs H1: AUDNZD, GBPAUD, GBPCAD, USDCAD
recommended pairs H4: AUDCAD, AUDCHF, AUDUSD, CADCHF, EURAUD, EURCAD, EURGBP, EURNZD, GBPNZD, NZDCAD, NZDCHF, USDCAD
I run all these pairs on my live account parallel. The implemented risk management helps me to avoid overtrading with all pairs at once.

MagicNumber: for every timeframe an unique magicnumber is necessary. Otherwise the EAs will mix up trades!
All parameters are self-explanatory. If you feel anything is missing, please let me know!
One word to the characteristics of a pair. ex: EURUSD = 1.09230 & NZDCHF = 0.52063.
If we set the same TP for both pairs, NZDCHF has to go approximateely the double way for profit as EURUSD. For this I set a factor to even the price between every pair. So all parameters with [pip] are set for a virtual pair with the value of 1.00000. If the EA trades EURUSD, the parameter is adjusted in the same way as the EA trades NZDCHF. So for this no special set-file for each pair is needed. You just load a template or set-file for each timeframe.
Please find my templates and set-files for the timeframes I use in the first and second comment

Future update planning

news detector
new year pause
profit overview of open trades and pairs
profit overview of closed trades and pairs
trade manager
symbol overview
one chart setup
recovery system
strategy updates

Disclaimer

I only sell EA's through MQL5.com. Someone using my name is a Scammer!
If you have purchased this EA anywhere besides MQL5, it is a fake version. It will not work like the real version and you will neither receive updates nor support.
There is no refund after your purchase. Please keep this in mind.
Grid and Martingale have the chance of huge drawdowns. Be aware of it and set the risk to your appetite! The only person who is responsible for your wins and losses is you.

more...

2629

Sven Markus Weller 2024.09.13 10:36 #

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What is this EA about? This EA is right for you if you use martingale or grid systems without own recovery. Why? Using Martingale or grid systems are pretty good on one hand because the give steady little return. But if the trend goes against the used system, more and more trades are opened. It can burn your whole account. During a trend normally there are some pullbacks. This EA is taking advantage of these pullbacks. It takes the oldest and and all trades with profit to calculate the average p

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This is my own developed EA "Pearl" It trades the whole market and tries to catch reversals. But it tries to trade within the overall D1-trend. It trades currency pairs only It uses martingale-strategies. It does use flexible grids though. It is free to you when to increase the lotsize of grid levels A grid level can be skipped. If the price overruns a grid level and volatility is still high, a trade will not open. The EA waits till volatility has decreased. Grid distances can be extended b

50 USD

I was looking for a lean symbol changer. I could not find any. Normally other products hide lot's of screen space. So I developed a very lean symbol changer Just click on the 2 currencies you want to combine. The order does not matter. If you miss some pairs, you can add up to 5 custom symbols. Please make sure, your broker support your custom symbols. Drag an drop the panel with the green button. In future I plan to include suffix and prefix als well.

FREE

================================================================================ The utility is useful when you have to load history data for many symbols and timeframes. It loads the symbol used in the market watch. One symbol is scanned for all timeframes. Then the charts will be closed and the next symbol is scanned. You cannot abort the operation. Wait till it is done. ================================================================================

FREE

When I was testing several EAs on my demo account I realised, that I could not distinguish between the running orders. There were simply too many orders opened. For this I wrote this EA. Normally I test over 10 EAs on one demo account at a time. As you can see in the screenshot, there is one table with open positions. All orders are grouped by Magic Number. Now you see the opened orders, the profit and the drawdown of each Magic Number. In addition there is an option to connect the Magic N

30 USD

With this EA you are able to record the spread of any currency pair you place in the input parameter. Just drag and drop the EA to one currency. You can record all currencies from ONE chart. There is no need to open multiple charts! But fill the market watch with all specified symbols! Double click on the background of the panel. So you can move it to another position. parameters: RunEA >>> Rec yes/no right from the beginning Export Folder Export Filename Appendix >>> None / Date / Day of Week U

30 USD

Every trader is watching over his account over and over.... trying to anlayse every system he or she has. With this tool you are able to export your complete history of every account export withdrawls / deposits / rebates to a separate file export account status with balance / equity / current drawdown recalculate micro to standard lots / profits ... export decimal by "." or "," combine a series of Magic Numbers to one unique Magic Number filter to ignore OrderComm

30 USD

This is my own developed EA "Tansanit" The basic idea behind it is trading the Fibonacci Retracements. It trades currency pairs only, except JPY-pairs. My personal profit-goal: 10% per month. More is possible, but it comes with risks of course. Max DD should not exceed 50%. You can chose to cut all positions when a DD exceeds a certain amount. No AI, neural network, ChatGPT is used The EA is adopting to each symbol automatically. There is no input needed from your side. You will get a prop

200 USD

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Sven Markus Weller 2024.09.13 10:36 #

1717

Reply from developer Florian Riedrich 2024.09.14 14:55 #

I thank you for your review. Let's get some good profits!

Version 1.10 2024.09.03

mandatory update: "Max trades" was not working correct