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EA Seven MT5

5

The EA uses a reverse strategy. To detect trading signals, the following indicators are used: Moving Average, Relative Vigor Index, Average True Range, Alligator and other custom indicators.

Each pair has a stop loss, take profit, breakeven and trailing stop.

The EA trades on many major currency pairs and timeframes.

The EA uses timeframes:

MetaTrader 4 MetaTrader 5
  M1, M5, M15, M30, H1  M1, M2, M3, M4, M5, M10, M12, M15, M20, M30, H1, H2

Real monitoring 1https://www.mql5.com/en/signals/1310302

Real monitoring 2https://www.mql5.com/en/signals/1333080

МetaТrader 4 version: https://www.mql5.com/en/market/product/37565

Attention! This EA is only for "hedging" accounts.

For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add http://ec.forexprostools.comhttps://world-time-zone1.com and click OK.

    Requirements and recommendations

    • The EA is attached to only one chart (any of the working pairs and any timeframe) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies.
    • The minimum recommended balance for the EA (when used on recommended pairs and timeframes) is $ 2000 or $ 20 on a cent account.
    • Broker with 5-digit and 3-digit quotes.
    • VPS.
    • Instructions for reducing the amount of RAM for EA: post/744213  ( the EA requires a minimum of 5000 bars in the history ).
    • Download Set files: https://www.mql5.com/en/market/product/37597#!tab=comments&page=1&comment=28700160

    For the Strategy Tester:

    • Multi_Currency_BackTest - if set to true, a multi-currency tester is used.
    • For quick test, use:
        • Tick simulation methods:
          • M1 OHLC (simulation of 1-minute bars, OHLC prices)

      Pairs
      1. AUDCAD
      2. NZDCAD
      3. NZDCHF
      4. NZDJPY
      5. AUDNZD
      6. AUDCHF
      Parameters
      • AUDCAD - if true, use AUDCAD;
      • ...
      • AUDCHF - if true, use AUDCHF;
      • Magic_Start - ID of EA's trades.
      • Magic_Finish - ID of EA's trades.
      • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
      • Custom_Risk - if true, the lot size increases when account balance grows (risk management);
        • User_Balance - user-defined balance;
        • Add_to_User_Balance % - Add to User_Balance for a smooth transition to a new lot.
        • Lot on every - lot size per User_Balance;
      • Fixed_Lot fixed lot (if Custom_Risk is false);
      • Order Type - trading direction;
      • Order Comment - comments to orders;
      • Slippage - allowed slippage before an order is triggered;
      • Show_Info_Panel - use the information panel (false - faster backtest);
      • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
      • Multi_Currency_BackTest:
        • true - use the multi-currency tester;
        • false - use the current currency and timeframe;
      • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
      • Max Spread - maximum allowed spread;
      • Stop strategy trend - disable trend-following trading for a certain time (from 5 minutes to 24 hours) if the average spread exceeds Max_Spread;
      • Select http or https - the Protocol to download the economic news;
        • http 
        • https 
          • News_update_every_N_minutes - update news every N minutes;
        Trading within the week:
        • Monday - trade on Monday;
        • ...
        • Friday - trade on Friday.
        Time trading within a day:
        • Use time - if true, the EA trades by time;
        • GMT setting - GMT settings;
        • GMT Auto ( only for real ) - automatic detection of the GMT shift (not for a tester);
        • GMT Mode - manual setting;
        • GMT_mode - GMT offset of the broker server time (0 - disabled);
        • Every_Day_Start - operation start time (hh:mm);
        • Every_Day_End - operation end time (hh:mm).
        Time to disable on Friday:
        • Use time - if true, the EA trades by time;
        • Disable_in_Friday - operation end time on Friday (hh:mm).


        Reviews 1
        William Tiberius Patrice Schulz
        747
        William Tiberius Patrice Schulz 2022.01.28 11:45 
         

        Using machine learning to swing trade the common asia pacific pairs makes a lot of sense. EA Seven MT5 ran very good on demo accounts and now I run on live accounts. The profit factor of the live signals is very good, and for now it seems they can be replicated. Thanks for the development effort!

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        William Tiberius Patrice Schulz
        747
        William Tiberius Patrice Schulz 2022.01.28 11:45 
         

        Using machine learning to swing trade the common asia pacific pairs makes a lot of sense. EA Seven MT5 ran very good on demo accounts and now I run on live accounts. The profit factor of the live signals is very good, and for now it seems they can be replicated. Thanks for the development effort!

        Reply to review
        Version 1.71 2023.04.02
        fixed a bug with loading economic news.
        Version 1.67 2021.12.22
        Improved the system for detecting economic news.
        Version 1.64 2021.12.13
        1) Improved order closing system.
        2) Improved filter for filtering economic news.
        3) Minor bugs have been fixed.
        Version 1.63 2021.11.30
        The strategy has been completely updated.