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Project IG MT4

70 USD

Demo downloaded: 449

Published: 27 July 2019

Current version: 2.97

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Overview
Reviews (11)
Comments (43)
What's new

Project IG MT4

1.78

Experts
Ruslan Pishun
Version: 2.97
Updated: 26 April 2020
Activations: 10

The EA is not a scalper.

The EA uses a strategy based on the breakdown of local support and resistance levels, also uses the reverse and rebound from support and resistance levels.

The EA is based on the original author's strategy.

Real monitoring: https://www.mql5.com/en/signals/author/profi_mql

Detailed description of the strategy here: https://www.mql5.com/ru/blogs/post/728430

This is a link for general discussion of the EA: https://www.mql5.com/ru/blogs/post/728430

Hidden Take profit, Breakeven and Trailing stop are used.

The EA uses only the M5 timeframe and trades on most of the major pairs.

For EA to work properly, follow the Minimum balance and leverage requirements.

МetaТrader 5 version: https://www.mql5.com/en/market/product/40760

Requirements and recommendations

The EA is attached to only one chart (any of the working pairs) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies.
The recommended minimum balance (when used on recommended pairs and timeframes) is $ 3000 or $ 30 on a cent account.

Leverage from 1:500 and more.
Safe trading requires a minimum lot of 0.01. Check your broker to support a minimum lot of 0.01.
Do not interfere with the work of the EA, and do not close the order manually.
Use a separate account for the EA. (Do not use multiple advisors for one account).
Broker Broker with five-digit and three-digit quotes.
EA requires a standard VPS server.
EA requires RAM: 500 MB.
The EA does not work on the account: "JPY","RUB".
Download Set Files.

The robot does not require all ticks in history. For quick test, use:

Tick simulation methods:

Control points (based on the nearest less time frame).

Pairs and timeframe

EURUSD / M5.
GBPUSD / M5.
GBPJPY / M5.
USDCHF / M5.
USDJPY / M5.
AUDUSD / M5.
GBPAUD / M5.
USDCAD / M5.
GBPCAD / M5.
EURAUD / M5.
EURCAD / M5.
EURGBP / M5.
EURJPY / M5.
GBPCHF / M5.
NZDUSD / M5.
GBPNZD / M5.
EURCHF / M5.
NZDJPY / M5.
CHFJPY / M5.
CADJPY / M5.
EURNZD / M5.

Parameters

EURUSD - if true, use EURUSD;
...
EURNZD - if true, use EURNZD;
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;
Max Spread - maximum allowed spread;

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 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).

more...

2851

Andre Gomes 2019.08.02 16:31 #

Backtesting results seems very promising. Author has a signal to follow the EA. I will update my review once I have more experience using the EA.

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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price

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AI Golden Jet Fighter GTX MT4 is a straightforward and efficient Expert Advisor (EA) for gold trading on the Meta Trader 4 platform. Utilizing Neural Networks, this EA is designed for scalping in the gold market (XAU/USD). The main strategy of AI Golden Jet Fighter GTX focuses on identifying small price fluctuations and opening positions to capture profits within short time frames. The EA analyzes market conditions in real-time and automatically executes trades with predefined stop-loss and t

777 USD

The EA Gideon is an Expert Advisor that trades ON NEWS and ON EVENTS that have a strong influence on the market, but do not occur regularly! That is the EA opens Sell Stop and Buy Stop pending orders in case of a sudden price change in any direction and closes them automatically with the profit that you wish. And we all know how often the price changes when a "successful" news appears, how far it can go up or down. Also, this robot protects your deposit by placing SL with customizable parameters

30 USD

The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the

70 USD

The indicator automatically draws Wolfe waves. The indicator uses Wolfe waves found in three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade. Recommended timeframe: М1. Indicator features Amazingly easy to trade. The indicator is able to recognize all the patterns of Wolfe waves in the specified period interval. It is a check of potential points 1,2,3,4,5 on every top, not only the tops of the zigzag. Finds the p

30 USD

This is an innovative intelligent system consisting of 4 strategies, which detects high-probability entries for price action breakouts on the H1 timeframe. The Expert Advisor includes 3 complex technical strategies and a scalping strategy. The Expert Advisor is fully optimized and ready to use! It is possible to disable each strategy or use them all together. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential accumula

70 USD

Chappie is a smart adaptable robot, Chappie trades based on multiple trading systems using pending orders, the robot manipulates the pending orders, following the price movement of the market and calculates the price movement for the most accurate market entry. Basic EA settings are calculated for EURUSD. Over 1000 tests have been performed on real and history data with 99.9% quality. Chappie is a result of a long term development. The main idea is to preserve capital through unexpected fluctuat

30 USD

The EA opens orders using the Wolfe waves indicator, also uses the Martingale and smart Trailing Stop, Stop Loss and Take Profit. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is easy to use. The EA has proven results on EURUSD M5, however you can change the settings for better results on other currencies. Settings Setting EA - Settings of the Advisor. Invest More - at the value 'true' the lot size increases as the account balance grows.( Risk Management ). In

30 USD

Breakout based strategy, generates market entry signals when the price crosses a border of a certain price range. To create the strategy, we have used the history data with 99,9% quality for the last 15 years. The best signals had been selected and the false signals have been filtered out. The Expert Advisor performs technical analysis and considers only the breakouts that show the best result. It uses a system of filtering false signals. The EA uses adaptive trailing stop. The EA uses a very

70 USD

The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses

70 USD

This is a fully automated smart adaptive algorithm. The SKYNET system calculates the history data and performs the analysis based on the probability percentage of where the upcoming breakout of the support and resistance level will take place, and places pending orders. The Expert Advisor adapts to any market conditions. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the algorithm of statistics collection with ou

70 USD

Wolfe waves ultra draws Wolfe Waves automatically. The indicator searches for the Wolfe Waves on three timeframes. This indicator is especially accurate because it waits for a breakout in the wave direction before signaling the trade, resulting in a very high winning ratio. Features Amazingly easy to trade. The indicator is able to recognize all Wolfe Wave patterns in a specified interval. Thus, we check each extremum for the potential 1,2,3,4,5 points apart from ZigZag vertices. The indicator

30 USD

The indicator colors bullish, bearish and doji candles. Also, the amount of candles (bullish, bearish and doji) for the last N days is calculated. You can select colors for both bodies and shadows of candles. You can also enable coloring only candle bodies. МetaТrader 5 version: https://www.mql5.com/en/market/product/11649 Parameters color bulls = color of bullish candle bodies color shadow bulls = color of bullish candle shadows color bears = color of bearish candle bodies color shadow bears =

30 USD

'Info body and shadow candles' indicator colors the candle bodies and shadows according to the settings. For example, if the 'Size body candles' parameter is 10, the indicator looks for the candles having a body size of 10 or more. Candle shadows are calculated the same way. Detected candles can be colored (body color, shadow color). The indicator can be adjusted for both four- and five-digit quotes. МetaТrader 5 version: https://www.mql5.com/en/market/product/12977 Parameters Use candle search

30 USD

This unique indicator automatically builds Wolfe Waves. Features Finds the points and builds the lines automatically. Efficient trading strategy. No redraws, no lags. The indicator relaunch button is located directly on the chart. The indicator has multiple configurable parameters. Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is cl

30 USD

The Trend modified indicator draws trend lines with adjustable trend width, with trend breakout settings and notifications of trend breakout (Alert, Sound, Email) and of a new appeared arrow. Arrows point at the direction of the order to open (BUY, SELL). Parameters User Bars - the number of bars for calculations. Depth (0 = automatic settings) - Search area (0 = automatic adjustment). width trend ( 0 = automatic settings) - Trend width (0 = automatic adjustment). (true = closed bars on directi

30 USD

We present our totally unique Expert Advisor "Expert trend one point": the EA trades within a trend, it contains a complex strategy (named "one point profit"), does not use stop loss, does not use an adjustable take profit, it adjusts the take profit per one point of profit. The EA works with four or five-digit prices. You can use the Expert Advisor on any currency pairs, however it is recommended to choose symbols with low spread and low stop levels. The EA can work on timeframes M1 , M5, M15,

30 USD

This indicator shows the time before the new bar or candle opens. Examples of how much is left before a new bar opens: An example for the M1 timeframe: 05 = 05 seconds. An example for the H1 timeframe: 56:05 = 56 minutes and 05 seconds. An example for the D1 timeframe: 12:56:05 = 12 hours, 56 minutes and 05 seconds. An example for the W1 timeframe: W1(06): 12:56:05 = 6 days, 12 hours, 56 minutes and 05 seconds. МetaТrader 5 version: https://www.mql5.com/en/market/product/13602 Settings color_ti

30 USD

The trading system utilizes a real breakout strategy with an intelligent calculation engine to eliminate bad signals. The EA has only been developed and optimized for EURUSD H15. We recommend choosing a broker with a fixed spread of 5 to 20 points, with a zero STOPLEVEL and five-digit quotes. You can change the settings and try other pairs for better results. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use. No grid No martingale МetaТrader 5 v

70 USD

The SCRIPT opens , modifies , and deletes all types of orders: BUY, SELL, BUYLIMIT, SELLLIMIT, BUYSTOP, and SELLSTOP. Features Orders can be opened both by comments and magic. Order grids. Take profit and stop loss modification. Orders can be removed by type, magic, and comments. Market orders are deleted if magic = 0. Notification window appears after orders are opened, modified or removed. Multi-task script. Modification is performed after opening orders. Parameters Orders_Tip - consists of

30 USD

The Expert Advisor contains multiple trading strategies, including news trading, use of indicators, price velocity and various built-in filters. The EA places pending orders. It has successfully completed stress testing. No Martingale No Arbitrage No any other risky strategy inside No scalping Working currency pair/timeframe: EURUSD H1. Optimized. You can adjust the Expert Advisor to any currency pair! Key Features: It can work with a small deposit. Only pending orders. Every trade has a tight

70 USD

EA Innovative PRO is a fully automated EA for Forex trading. It is based on three combined adaptive algorithms. Follows the movement of market price. It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions. The EA eliminates the extra noise and chooses the most convenient strategy for trading. Dynamically places trailing stop and moves profit to breakeven

150 USD

The Expert Advisor trades by two Moving Average lines. There are also two types of order closing: 1) if there is an opposite signal, 2) closing order by take profit, stop loss, and trailing stop. You can configure Moving Average indicators. Key Advantages Ability to work with fixed lot and MM. Six trailing stop modifications. Easy to use. Two types of order closing. The EA works with all brokers. Parameters General Order Type – trade directions. Use_Risk_MM – if true , lot size is increased wh

30 USD

Two Dragon is an advanced indicator for identifying trends, which uses complex mathematical algorithms. It works in any timeframe and symbol. Indicator is designed with the possibility to customize all the parameters according to your requirements. Any feature can be enabled or disabled. When a Buy / Sell trend changes the indicator will notify using notification: Alert, Sound signal, Email, Push. МetaТrader 5 version: https://www.mql5.com/en/market/product/14906 Parameters Max_Bars_History —

30 USD

Neon System N1 PRO is along-term system containing 10 different strategies. Each strategy includes multiple indicators, the system is designed for real trading. The system uses 50 standard indicators, the robot contains 10 strategies. This system is not for those "who want everything at once." This system assumes a professional long-term trading on the Forex market. The robot has been tested in a special tester on real ticks. It uses an adaptive trailing stop algorithm. The EA uses a system of c

70 USD

Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arbi

70 USD

The Expert Advisor uses a strategy based on breakthrough and two additional strategies based on sharp price changes. You can adjust the slope of the breakthrough, the distance between the breakthrough levels and the number of breakthrough levels. The Expert Advisor itself marks the levels that should be broken through. The EA includes two strategies based on sharp price changes: that is the EA opens pending Sell Stop and Buy Stop orders in case of a sudden price change in any direction and close

70 USD

The Super scalper universal is a fully automated scalping Expert Advisor, which uses five indicators. Each open position is protected by a hidden stop order managed by an advanced modification algorithm. When searching for the suitable signals, the EA uses the integrated indicator in conjunction with the trend and time filters, as well as the volatility filter. It use dynamic position closure, which considers the location where the order had been opened and the subsequent price action. Profit is

50 USD

The Golden scalper Pro is an Expert Advisor that uses the scalping tactics. However, apart from using the classic application methods for these tactics, it uses numerous functions responsible for high-quality analysis of the current market situation and filtering false signals. This provides an excellent trading result. The EA uses price channel for trading. When the price crosses the channel, a deal is opened in a certain direction, with consideration of all rules for filtering false signals. T

50 USD

The Leonardo Expert Advisor is based purely on price action. It trades according to two trading algorithms using pending orders. This system doesn't use breakout, indicators, grid, martingales or hedge management, it is based solely on price action and is not overloaded with a multitude of filters. The EA has been tested on EURUSD M5, USDJPY M5 with 99.9% modeling quality. The EA does not need any kind of complicated setup and is ready to work with multiple symbols and timeframes. The EA is opti

70 USD

The strategy is based on a reverse breakout, it trades using pending BUY LIMIT and SELL LIMIT orders. Recommended currency pair/timeframe: EURUSD M30. Monitoring https://www.mql5.com/en/signals/author/profi_mql Parameters Magic — ID of EA's trades. Order Comment— a comment to the EA's orders. Slippage — Allowable slippage before an order triggers. Order Type — select trade direction. Max Spread — Maximum Spread allowed before pending order triggers. disable trade if spread high — disable tradi

70 USD

Filter:

9155

Aravind Kolanupaka 2021.03.13 23:55 #

User didn't leave any comment to the rating

1483

PeterSwaby 2020.07.02 13:55 #

This is junk and at some point it will wipe your account.

287

kbit0928 2020.03.30 04:46 #

User didn't leave any comment to the rating

196

ibdejesus 2019.10.16 23:53 #

Trade management is flawed.

713

GERALDO FERREIRA MESQUITA 2019.10.06 06:02 #

04/10/19 - The idea was good but, it completely blew up my account!!!

28/10/19 - Update: 3 star for the EA strategy. Now I will running this EA with less pairs (10)small spread and running only when I m at home (to monitoring all orders).

markspeed 2019.10.04 20:41 #

The authIor is fantastically helpful with installation, but unfortunately the EA has a very destructive fault. The strategy looked a bit 'lumpy' in its returns in the first three weeks. In September it delivered a decent and steady return. Unfortunately, from 30th September to 4th October it completely blew up my account. It took a couple of massive trades (200x the lot size), which lost, then a trade that was 550x the lot size, which again lost. Boom - most of the account gone.

939

Yaddehi Arachchilage darshana Gayan Ranasinghe 2019.10.03 23:14 #

piece of shit. give our money back.

zhangke888 2019.10.03 10:35 #

I have manually ended the loss and closed EA. The strategy is too risky. I hope the author can update and improve it quickly.

2204

Johannes Katzer 2019.10.03 10:13 #

The author lost at least two accounts already after only a few weeks of live trading. The traded risk is insane for a decent account and there is no stop loss function of any kind. The strategy itself seems good and has potential, but at some point one has to stop and start a new basket instead of risking all your money for revenge of your losses. I am pretty sure that the strategy can be profitable even with a (global) stop loss or lotsize limits, but until the author updates this EA I cannot recommend it.

578

Yusuke Nakanishi 2019.09.22 18:10 #

The support of the author is very helpful, but unfortunately it cannot be used in "JPY" account. If the specification is modified, the evaluation will change.

update:

It doesn’t depend on the currency of the account. There seems to be a problem with fund management.

502

Eric Sylvain Lepage 2019.08.21 10:23 #

Swift and professional service from the author, he's really helpful.

EA looks very promissing. Strategy tester shows very good results.

Today I start it on live account and in a few weeks i will renew my reviews

For now 5 stars.

UPDATE 26 SEPTEMBER

This EA works well if your account is less than 10 000 € (DD : 35% maxi - 0.01 lot)

Over 10,000, gains decrease and losses increase.

The martingale is too high (almost x 4...!!)

UPDATE 08 OCTOBER :

The martingale is definitly too high !

The stop loss too big

Too dangerous !!

2851

Andre Gomes 2019.08.02 16:31 #

Backtesting results seems very promising. Author has a signal to follow the EA. I will update my review once I have more experience using the EA.

Version 2.97 2020.04.26

Fixed minor bugs.

Version 2.96 2020.01.03

Fixed a bug with GMT.

Version 2.95 2019.11.27

Minor bug fixes.

Version 2.94 2019.09.15

1. The function of opening orders has been improved.
2. Improved trailing stop function.

Version 2.93 2019.08.18

1) Added information about the minimum lot.

2) Added automatic GMT configuration:
For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add https://time.is/UTC and click OK.