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Simba EA MT5

Simba EA is a medium-term EA for MT5 (and MT4).

It embeds a basic but effective price breakthrough strategy based on S/R levels.

The EA is meant to be used with EURUSD, GBPUSD & USDJPY, whatever the timeframe it'll always perform calculation using M15.


Settings

  • Take profit (in points) : 0 to disable it
  • Trailing stop (in points) : 0 to disable it
  • Stop loss (in points) : 0 to disable it
  • Maximum spread : Simba won't open positions if the spread is higher than ...
  • Time filtering : all time periods there aren't traded
    • Syntax : <day1>:from1-to1/<day2>:from2-to2
      • Days are : Mon(day), Tue(sday), Wed(nesday), Thu(rsday), Fri(day), Sat(urday), Sun(day), All (all days)
      • From & to are : 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23 (GMT)
      • Example 1 - "Stop trading every Monday from 10 to 12 and every Friday from 14 to 16h GMT" ---> Mon:10-12/Fri:14-16
      • Example 2 - "Trading everyday only from 8h GMT to 22h GMT" ---> All:0-8/All:22-0
  • Slippage


Recommendations

  • The lower the spread is the better the performance of Simba will be - keep in mind that a spread = 1 + commission roundturn of (3.5*2=7) is like a spread = 8 !
  • The lower the ping with the broker is, the better the performance of Simba will be
  • ECN broker, 5-digits, netting & hedging mode
  • A massive deposit isn't required <=100USD can do it!
  • Reoptimize to make it suits your own environment
  • Some months are profitable, others aren't: 3 months at least needed to make yourself a opinion
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Experts
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
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Marzena Maria Szmit
4.39 (38)
Experts
The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
SFE Bitcoin 24
Joel Juanpere
Experts
This expert advisors search for short trend continuation movements, I recomend use it with BTC and ETH 4 Units left at 900 USD. Next price 1200 USD The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/en/signals/2246489 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used
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Theo Karam
Experts
Special Pricing for Early Adopters | Current Price: $499 - Only 10 copies left at this price | Next Price: $699 Aureus MT5 is a cutting-edge Expert Advisor designed exclusively for trading Gold. Combining the precision of a price reversal trading strategy with advanced machine learning, Aureus MT5 provides traders with a reliable tool to navigate the complexities of the Gold market. Strategy Aureus MT5 employs a multi-faceted approach with three distinct price reversal strategies, each t
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Version 1.1 2019.06.25
The calculation routine of levels has been rewritten for more stability.