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Project IG MT5

70 USD

Demo downloaded: 609

Published: 27 July 2019

Current version: 2.97

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Overview
Reviews (7)
Comments (30)
What's new

Project IG MT5

1.57

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.

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

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

МetaТrader 4 version: https://www.mql5.com/en/market/product/40266

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.
Required account with Hedging support.
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: 1100 MB.
The EA does not work on the account: "JPY","RUB".
Download Set Files.

You can test the EA on a multi-currency strategy tester and see the full operation of all pairs.

Multi_Currency_BackTest - if set to true, a multi-currency tester is used.

When using the multi-currency tester, select the M5 timeframe.

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

Tick simulation methods:

M1 OHLC (simulation of 1-minute bars, OHLC prices).

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 - true, use EURUSD;
...
EURNZD - 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;
Multi_Currency_BackTest:

true - use the multi-currency tester;
false - use the current currency and timeframe;

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...

846

Martin Metzler 2019.09.20 18:16 #

Currently great EA and good support from Ruslan. I will update my review because I have run the EA now only 2 weeks

Update 03.10.2019:

I currently stop the EA (without loses on my accounts) cause of the results on the authors signals. Keep the five stars because the strategy behind is great. I will track authors signals and will go live with Demo before coming back with real money.

Maybe the time after Brexit will show other results

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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

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

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

Smart Breakout Indicator determines support and resistance levels and also shows the breakout points of the levels in the form of a histogram. The program contains two indicators in one: 1-support and resistance lines, 2-histogram indicator based on high price fluctuations. The indicator autonomously calculates the best support and resistance levels and also in the form of a histogram shows the best moments of the breakdown of the lines. The histogram indicator is based on the action of p

50 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 4 v

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 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 1 : https://www

55 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

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

30 USD

The 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 MaxHistoryBars - the number of bars in the history. Depth (0 = automatic settings) - Search area. width trend ( 0 = automatic settings) - Trend width. (true = closed bars on direction trend),(false = just closed bars for line) - true = closure of candlesti

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

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 direct

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

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 ). I

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

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 o

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

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

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

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

70 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

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 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

Filter:

1060

sachanvajra 2019.12.09 11:35 #

Only Loss

1411

GIULIO CINELLI 2019.10.07 13:18 #

Loss 10k in demo account. Settings like suggested by author.

808

Michael Dhen Guhn 2019.10.04 18:40 #

Leider habe ich mich dazu verleiten, diesen EA zu kaufen. Die Backtest über mehrere Jahre sahen sehr gut aus. Nun ja, was läuft schief? Der Autor eröffnet einen Trade gegen den Trend, während die Bewegung noch läuft. Die Position wird mit Verlust geschlossen. Nun wird eine Größere Position in Trendrichtung eröffnet, obwohl die Korrektur einsetzt. Der Trade endet wieder mit einem Verlust. Leider wird die Trendrichtung nicht beibehalten, sondern es wird versucht die Bewegung der Korrektur zu handeln, die aber nun zu Ende ist.Die Position wird wieder vergrößert und da wir gegen den Trend handeln wird es wieder ein Verlust. Natürlich mit noch größerer Position. So geht es weiter und weiter. Oft klappt das, aber in meinem Fall wurden binnen einer Woche rund 2500 Euro vernichtet.

Der Autor kann Programmieren, aber von Filtern der Signale hat er scheinbar noch nichts gehört. Leider reagiert er auch nicht auf Anfragen, wenn man ihn mit diesen Problem konfrontiert und um Hilfe bittet. Also Leute, Finger vom EA lassen. Dieser taugt nichts und vernichtet Euer Konto. Beidem einen früher, bei dem anderen Später.

439

Gregor Tappeiner 2019.10.04 08:59 #

This EA is absolutely not recommended. The lot size is calculated too big. Because of a movement of only 400 pips an account with 3000$ is crashing. Gambling is safer than this EA.

Nelk0n 2019.10.03 19:26 #

Not recommendable.

269

Markus Katzmaier 2019.10.03 12:37 #

Well, i bought the EA and wish i would have not. You best see the strategy when the EA works in your account. The entry might be good. But if you lose the risk starts to grow. And it can grow very fast to a high level. The EA recover losing positions with new, bigger positions in opposite direction. Today GBPJPY trades with 0.55 lot - after he lost 0.01, 0.06 and 0.11 before (You can expect next tradesize when he lose the 0.55 lot) So this is at least a martingale-strategy. And when i learned one thing for sure in my forex-live: Martingale will kill your account. Maybe not today or tomorrow. But it will. So i stopped now in loss. Yes, possibly it will recover. But hope it will do is no strategy. Not with 3000 Euro. The seller has a good reason to only trade signals with Weltrade, which offers micro-accounts. So it is easy to spent $30 for a "real" monitoring-account. I followed one of this accounts at myfxbook. Account is not longer avaiable. Most likely because it is crashed or in big trouble. Other user of MT4-Version wrote from minimum two signal-accounts that are not longer avaiable.

Final advise in general with bots and sellers. Take your time. Much time to check and double-check all things with the EA. Don't feel to buy fast because of special-price-offer only today or for three days. This is more a point you should think about. Don't feel forced by this forcing marketing-strategies.

Update: I have to correct my star-rating to one star for two reasons. In some accounts there is a crash. And seller suggest to be safe with 3000 Euro or Cent in account - what is not true. So people with less knowledge can get a big damage if they don't stop early.

846

Martin Metzler 2019.09.20 18:16 #

Currently great EA and good support from Ruslan. I will update my review because I have run the EA now only 2 weeks

Update 03.10.2019:

Maybe the time after Brexit will show other results

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.