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Reiona

Demo downloaded: 196

Published: 27 May 2019

Current version: 1.0

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Reiona

Experts
Ubaidillah
Version: 1.0
Activations: 5

Reiona is an Expert Advisor (EA) that build based on martingale and hedging method.

The main idea is place buy and sell in parallel, save the unprofitable positions with martingale, and keep the profit during trade with hedging.

The RSI, iClose, iHighest and iLowest indicators are used for entries. The highest and lowest prices are to indicate the range of new orders, where the next order, with same type must be higher than 75% of difference between this lowest and highest prices.

When the buy and sell width of hedging is too wide, you can close it by your self. And you can also use this EA in another pairs or window at same time, with different magic number value.

Pairs and timeframes

This EA is recommended for use on GPBUSD at M1 timeframes, with 10000 of initial balance, lot=0.02 and broker must allow hedging.

Parameters

MagicNumber - the mark number used to identify orders, which are sent and managed by this EA. If this EA runs on multiple pairs, every pair must be run with different magic number, for example: GBPUSD - 100001, EURUSD - 200002, XAUUSD - 300003, etc.
NumCandle - the number of candles that used for calculate highest and lowest prices. For example NumCandle = 60 at M1 timeframes, its mean the range of order to new order depend on the highest and lowest price of candle one hour before. If its set to 0, then the default value of this parameter will be taken to 15 candle.
CloseAtStop - the option to close or not all orders at Remove EA action. Only remove orders that have magic number that specified by MagicNumber parameter above.
ShowHighLowLines - display or not the highest and the lowest lines based on NumCandle above.
OrderLots - initial lots value used for the initial orders. For example: OrderLots = 0.01, 0.02, 0.04, 0.08, etc.
Slip - slippage value that used for every new order request.
RsiMinimum - minimum value of RSI Indicator that allow new sell order.
RsiMaximum - maximum value of RSI Indicator that allow new buy order.
TakeProfit - the limit profit of hedging value that will be taken during trade. If its set to 0 that mean the EA will try to keep the profit until you close it by your self.

Authors

Copyright 2019, Priantos and Uboiz

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Riona is an Expert Advisor (EA) that build based on martingale and hedging method. The main idea is place buy and sell in parallel and virtually, save the unprofitable positions with martingale, and keep the profit during trade with hedging. So, the account that used to trade, must support to take multiple order. The highest and lowest prices based NumCandle value that taken, are to indicate the range of new orders. Where the next order, with same type must be higher than 75% of difference be

Harrow Strikes is an Expert Advisor that has been developed based on Harrow Order for MetaTrader 4. This is the MetaTrader 5 version and also based on Support and Resistance, Martingale and Anti-Martingale method. Since MetaTrader 5 already supports the use of hedging in trading, the algorithm of this EA has little differences from the original Harrow Order. For more information about Harrow Order, you can read https://www.mql5.com/en/market/product/28456 . Same as Harrow Order, the Support and

Martha is an Expert Advisor (EA) that built based on grid method. The idea is place buy or sell simultaneously when they are negative, wait and take the profit when the price is going back or passed the TakeProfit value. So this EA requires user adjustment setting itself between OrderLots with balance are used in the account. If you set TakeProfit value is negative, so this EA will waiting profit until price going back to the first price where order has been taken. But the new order will be

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