Market / MetaTrader 5 / Experts /

RebateSystem

5 purchases per month

Demo downloaded: 2 656

Published: 16 March 2017

Current version: 1.9

RebateSystem

Experts
Evgenii Kuznetsov
Version: 1.9
Updated: 13 July 2020
Activations: 5

Rebate System performs a large number of trades with the minimum profit, which gives the opportunity to earn from receiving rebates (returning part of a spread).

It is based on two grids (buy and sell), when one of them is in a drawdown, the other one can enter with an increased lot size, keeping the account away from the drawdown.

It features a news filter, which prevents the possibility of getting into a trend without rollback caused by news releases.

The default parameters are for EURUSD and a minimum deposit of 3000 units of the base currency (cent for cent accounts, $ for classic accounts)

Input parameters

StopAfterTP – stop trading after closing all grids;
TF_FirstOrder – period for opening the first orders in the grid;
TF_SeriesOrder – period for opening averaging orders;
Lot – lot size;
DepoPer001Lot - automatic lot calculation (specify the balance per unit 0.01 lot) (if 0, the lot value from the parameter is used Lots);
Takeprofit – take profit;
StepNextOrder – the minimum allowed distance between grid orders;
LotMultiply – multiplier for the lot of the current open order of the grid;
MaxTrades – the maximum number of orders in the grid.

Break-even parameters

BE - number series – the number of order in the series after which the stop loss will be placed;
BE - start after point – the number of profit points after which the stop loss will be placed;
BE - distance point – distance from the breakeven of the series at which the stop loss will be placed.

Lock parameters

Lock - number series – the number of order in the series after which the opposite grid increases the lot for locking;
Lock - % lots grid – locking percentage, lot size as a percentage of the sum of the opposite grid;
Lock - max lot – the maximum lot size of the first locking order.

Параметры закрытия при просадке

Close at drawdown, % - Closing when a drawdown of a losing basket (Buy or Sell) on the current currency pair. If set to 0, it is disabled.
Pause after close, hour - Pause in hours after triggering Close at drawdown

Other parameters

Slippage – slippage;
MagicNumberSell – identification number for sell orders;
MagicNumberBuy – identification number for buy orders;
UpdateSecond – timer for checking the placed take profits and stop losses.

Parameters of the news filter

News Filter – list for selecting the values

High – filter high-impact news;
High & Medium – filter high-impact and medium-impact news;
High, Medium & Low – filter news with any importance;
OFF – disable the news filter.

News before hour – the number of hours before the news release to stop trading
News after hour – the number of hours after the news release for the EA not to trade
News stop type - a list for selecting values

First order - not to open the first order, but continue the started grid
All grid - stop all deals in the news range

To use the news filter, it is necessary to add the following URL:

https://cdn-nfs.faireconomy.media
http://ec.forexprostools.com

to the list of allowed URL on the Expert Advisors tab.

Visualization parameters

Color_BE_buy – color of the breakeven level for buy orders;
Color_BE_buy – color of the breakeven level for buy orders;

Parameters are for four-digits quotes, they will be multiplied by 10 on five-digit instruments.

more...

1964

Vladimir Shumikhin 2020.03.23 22:10 #

Хороший советник но к нему не помешало бы добавить стоп лос и трейлинг стоп тогда просадок будет меньше

3978

Konstantin Efremov 2019.02.08 12:59 #

Отличный робот, справляется с задачей. При правильных настройках под пару дает более 2000 сделок в мес, при этом если хорошо подобрать настройки, на ликвидных мажорах не даёт больших просадок. Главное правильно настроить мартина на каждую пару. Поставил отрабатывать бонус, идет хорошо. Автору спасибо! Единственное, есть небольшие проблемы со стоп уровнями, видимо не очень сделана проверка перед открытием и изменением позиций. Ну и использование класса cTrade для торговли не самый лучший выбор. "2019.02.08 14:51:29.908 RebateSystem (EURUSDf,M5) PositionModify() Error: invalid stops" 2019.02.08 14:51:40.694 RebateSystem (EURUSDf,M5) CTrade::OrderSend: modify position #1000859282 EURUSDf (sl: 1.13409, tp: 1.13427) [invalid stops]. Вот такие ошибки сыпет, значит пытается выставить туда, куда нельзя, надо чтобы бот сам корректировал уровни открытия позиций и установки тейков и стопов. Надеюсь автор исправит. Наверное куплю и мт4 версию позже. UPD 25.09.2020 Вернулся к использованию робота, версия 1.9 огонь, радует, косяков не заметил. Запустил 2 копии с разными настройками на EURUSD, сделок достаточно много. мт4 версия уже не актуальна, мт5 платформа выросла и избавилась от детских болезней, не вижу смысла возвращаться в прошлое.

Jacobs6385 2023.10.18 20:23 #

not working. please help. it will not open any trades

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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool

499 USD

3 day offer 199$ **Offer Pricing:** After 15 copies sold, the price will be increased (1 left). * Regular Price: $649 * Discounted Price (limited time offer): $489 --- **Gold EXE** **Trend-following Expert Advisor** + This expert uses artificial intelligence to recognize trends in the market. + It has been tested for over 10 years using real tick data and has shown stable performance. + The advisor can be used on multiple account types, including micro, standard, or ECN accounts. + 1:1

199 USD

Golden Taipan FX: The Elite Trading System for XAUUSD H1 Overview: Golden Taipan FX is a cutting-edge trading system engineered specifically for XAUUSD on the H1 timeframe. With over 200 precisely crafted strategies, this system is designed for speed and efficiency, delivering consistent, high-quality trades that maximize profitability. With an impressive win rate exceeding 90%, Golden Taipan FX is your go-to solution for reliable and substantial returns in the gold market. Key Features: High W

599.99 USD

Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi

699 USD

Rebate System performs a large number of trades with the minimum profit, which gives the opportunity to earn from receiving rebates (returning part of a spread). It is based on two grids (buy and sell), when one of them is in a drawdown, the other one can enter with an increased lot size, keeping the account away from the drawdown. It features a news filter, which prevents the possibility of getting into a trend without rollback caused by news releases. The default parameters are for EURUSD and

10 USD

35 USD

30 USD

Multi-currency grid Expert Advisor, in most cases it receives quite accurate entries. If an entry is not accurate enough, the positions are managed using an elaborate martingale strategy. Work on real account: http://tiny.cc/nkaqmz Entries are performed using the signals of RSI and Stochastic indicators, in the overbought/oversold areas, plus additional entry conditions based on a proprietary algorithm. Recommended timeframe - М15. Input parameters SetName - name of the current settings file Ma

100 USD

Multi-currency grid Expert Advisor, in most cases it receives quite accurate entries. If an entry is not accurate enough, the positions are managed using an elaborate martingale strategy. Work on real account: http://tiny.cc/nkaqmz Entries are performed using the signals of RSI and Stochastic indicators, in the overbought/oversold areas, plus additional entry conditions based on a proprietary algorithm. Recommended timeframe - М15. The EA features a drawdown management system, which takes into

100 USD

Multicurrency scalper, works at night time, performing short trades during low volatility. For trading to be profitable, a broker with low night spreads is required. Working timeframe: M15 Working on a real account: Type2 https://www.mql5.com/en/signals/245053 Mix https://www.mql5.com/en/signals/363093 Recovery Mix https://www.mql5.com/en/signals/493519 set files - see signal description Installation instruction https://www.mql5.com/ru/blogs/post/721443 Input parameters MagicNumber –

145 USD

The Expert Advisor tries to enter the market at the beginning of a trend. If the price moves in the unfavorable direction, the EA hedges the deal by placing an opposite order with a larger volume. The EA will change direction in the course of the trend until it is captured. The minimum distance for changing direction is specified by the Min Turn Step parameter, the actual distance can be longer and depends on the current volatility, it is controlled by the Mult Factor Next Orders parameter. The

50 USD

The EA identifies divergences in two correlated currency pairs and trades in the direction where they converge back. Working timeframe: M30 Input parameters MagicNumber - identification number for the EA. OrdersComment - comment to order, automatic if an empty value is set. Lots - lot size. DepoPer001Lot - automatic lot calculation (specify the balance per 0.01 lot) (if 0, the value from 'Lots' parameter is used). TimeFrame - working timeframe. Symbol #2 - correlated currency. Symbol #2 revers

100 USD

Multicurrency scalper, works at night time, performing short trades during low volatility. For trading to be profitable, a broker with low night spreads is required. Working timeframe: M15 Working on a real account: Type2 https://www.mql5.com/en/signals/245053 Mix https://www.mql5.com/en/signals/363093 Settings - in the description of the signal Installation instruction: https://www.mql5.com/ru/blogs/post/721443 Input parameters MagicNumber – magic number, identification number for a symb

145 USD

100 USD

Filter:

baigogab 2024.03.17 00:41 #

Rented the EA and tried to contact the dev but after 1 week didn't asnwer. Tested on demo account with default settings and no good results so far.

204

5100380 2023.12.12 14:51 #

good day, I bought this robot, but it doesn't work on the standard account of swissquote bank, it doesn't open a transaction at all, I sent a letter to the author, but he didn't answer. Help solve the problem, maybe I'm doing something wrong

amosmwaki 2023.10.26 13:02 #

i have been testing system rebate on a demo account for 2 weeks. it was working fine so i decided to move to real account today. The ea is not setting take profit on both sides of trades as it was doing on demo account. please assist.

Jacobs6385 2023.10.18 20:23 #

not working. please help. it will not open any trades

Omarsafadi13 2023.08.06 00:14 #

Can you please clarify how I can install it this massage coming ( Installation is failed ) Please advise

Владимир Чередниченко 2023.08.03 06:39 #

Error modify #-952279091: 4003

Leiton Hauptfleisch 2023.07.21 20:07 #

Not working on Live account? Please help

18031988 2023.06.21 19:40 #

User didn't leave any comment to the rating

koko112189 2023.06.05 18:02 #

high loss

Артур Погосян 2022.07.11 17:54 #

Не советую покупать,одни убытки.Даже новостной фильтр не помогает.Тупо открывает сделки при безоткатном движении одни за другим и всё дальше идут убытки.

180

Ahamed Sherif A 2022.06.29 09:29 #

NOT WORKING ANYBODY GUIDE ME

My kitchen 2022.02.27 07:39 #

"Rebate System" expert and it doesn't work, what should I do?

PauloForexBrasil 2020.08.13 13:57 #

I rented the "Rebate System" expert and it doesn't work, what should I do?

1964

Vladimir Shumikhin 2020.03.23 22:10 #

Хороший советник но к нему не помешало бы добавить стоп лос и трейлинг стоп тогда просадок будет меньше

3978

Konstantin Efremov 2019.02.08 12:59 #

Version 1.9 2020.07.13

Исправление выставления стоп-лосса

Version 1.8 2020.07.09

Fixed the error of incorrect determination of the minimum lot.

Version 1.7 2020.07.09

New settings:
Close at drawdown, %
Pause after close, hour
OrdersComment

Changed the news source address: forexfactory.com to faireconomy.media

Version 1.6 2017.04.26

Bug fixes.

Version 1.5 2017.04.04

Визуальное отображение уровней безубытка
Исправление ошибок