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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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Trading Companion is an EA bridge to the Telegram chat. It does not place trades, it provides to your Telegram's terminal information about your accounts - it can be used with any other EA, indicator or trading solution. It notifies you about the server lag (ping between your terminal and your broker) and includes a feature to withdraw wisely from your account.‌ Settings Ping limit: default 300ms - will warn you if ping is superior Basis Fund: 0, deactivated - each time you will withdraw, it i
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Ermou Street rather than an expert or an indicator is a all-in-one trading assistant easing your trading sessions by providing signals and notifications. It's an assistant rather than a robot - "an assisted steering rather than an autopilot", and now, it autoadjusts itself to any instrument, any timeframe & any circumstance. How to First, you should watch the video. Then here's some explanation: By default, attaching Ermou Street to a chart, you’ll get: A panel Signals: buy (default blue arrow
Currency Index Watcher is a simple and user-friendly tool for whoever wish to trade Forex using currencies indexes. Currency Index Watcher is configurable and usable directly from the panel. Indexes of 8 custom currencies EUR, USD, GBP, JPY, CHF, AUD, CAD, NZD (default) Any 3-chars symbol from your market watch could be used (BTC = bitcoin, RUB = ruble, CNH = yuan etc ...) : double click the symbol label  Ability to select which currencies and made-of pairs will be analyzed : check/uncheck want
Regent Street, rather than an expert or an indicator, is an all-in-one trading assistant easing your trading sessions by providing signals and notifications. It's an assistant rather than a robot - "an assisted steering rather than an autopilot", and now, it autoadjusts itself to any instrument, any timeframe & any circumstance. Note from the author: Regent Street's frontend is exactly the same as an other product Ermou Street , but the backend is different. Performances for each are very relati
Market Sentiment is an indicator for MT5.  Market sentiment is the feeling or tone of a market . Also called investor sentiment, it is generally described as being bullish or bearish : When bulls are in control, prices are going up . When bears are in control, prices are going down . Markets being driven by emotions, the market sentiment is about feelings whereas fundamental value is about business performance . Settings :  Range in bars : numbers of bars used for the calculation, at your own
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Version 1.1 2019.06.25
The calculation routine of levels has been rewritten for more stability.