Market / MetaTrader 4 / Experts /

Rebate Virtual Grid

73 USD

Demo downloaded: 330

Published: 9 December 2018

Current version: 2.859

Rebate Virtual Grid

Experts
Sergii Onyshchenko
Version: 2.859
Activations: 5

This is a Virtual Grid EA with positive(for traders) slippage. I recommend it for pair EURUSD.

EA may be use as Rebate generator. Works ok during news and gaps (with depo >1000$).

Working timeframe M1.

Strategy

The system does not use regular takeprofits and stop loss. Martingale is not used. EA use unique indicator (for open "Zero").

Monitoring (5EAs)

_https://www.mql5.com/en/signals/508303

Parameters (one of the safest)

Rebate Virtual Grid
MM_Type	0	MM: 0-min lot, 1-percent of free margin
If MM=1: MM_Percent	0.5	% of free margin for first (each) order
Magic (base expert)	528	Set a unique number
Max spread	0	Max spread (when "0" - the max spread is not limited)
Grid levels height	55	Grid levels height
Open mode	0	Open: 0-zero, 1-only buy, 2-only sell, 3-revers, 4-trend, 5-antitrend
Profit in deposit currency	0.5	Profit in deposit currency
Open Hour	0	Start hour
Open minute	0	Start minute
Close hour	23	End hour
Close minute	59	End minute
Stop work Thursday?	false	Stop work Thursday?
Thursday stop Hour	1	Thursday stop hour, if "stop work Thursday ?" =true
Stop work Friday?	false	Stop work EA in Friday?
Friday stop hour	1	Friday stop hour, if "stop work Friday?" =true

Trading Requirements

Caution is advised. In order to trade via this EA, you need the following:Closeby should be allowed.

A good broker, with low spreads and stop levels.
For use on EURUSD M1 chart.
A good Internet connection.
A lot of stamina.
Works great on ECN or low-spread account (no more than 2 pips).
Closeby should be allowed your broker`s!!!

Recommended Minimum Deposit

For Standard Forex accounts - 200 USD with the minimum lot of 0.01.
For Mini Forex accounts - 1,000 cent with the minimum lot of 0.01.

Testing

It is better to test in real time, because positive slippage can only be seen on real quotes

Virtual Grid EA can be tested on M1 EURUSD at all ticks in visual mode.

###DISCLAIMER###

This is written to assist in automating a current strategy, I am NOT liable for any funds lost during use.

Trading is a risky endeavour, ensure you backtest your strategy thoroughly or use a demo account before switching to real funds!

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Laurentiu Cirlan 2024.04.15 16:07 #

I've just lost all my money from the trading account with this EA. I don't recommend.