• Overview
  • Reviews (7)
  • Comments (9)
  • What's new

Ophiuchus

5

Due to policy changes in MQL5.com, we cannot continue our free trial program here. However, you can request to test our EA in live account though here .

Ophiuchus is the 13th zodiac and it is also the name for this EA as 13 is the key elements for this trading strategy.

Trading Strategy

The following are the main characteristic of this EA.

  • Martingale based strategy.

  • Only open more trades when it is on the right direction.

  • earn small profit for each trades but a lot of volume everyday.

  • Profit from the volatility of the market.

  • Tested and Proved to be able to profit on EURUSD trading with M1 timeframe.

Back Test Result

Back test result are as following

  • Back test from 1 Jan 2017 till 1 July 2020 (42 months) with starting capital of USD 2000.

  • Total Net Profit USD 13,949.51 with total 21778 trades.

  • Average monthly profit USD 332  ( ~ 16% return per month).

  • You can refer the back test video here

  • Live Account performance are tracked via myfxbook . You can see exact trade history from past and current trade via myfxbook. Go to myfxbook and then search for "Ophiuchus" and then click on Systems tab (not the user tab). You will be able to see Ophiuchus trading system performance there. (We can't post myfxbook link here).

Available Setting

  • Profit Target for each Order - Profit target in fractional pip for every open order.

  • Starting Lots - The lot size for first order. The lot size will increase in the subsequent order.

  • Maximum # of trades - Maximum number of orders the EA allow to open.

  • Max Spread Allow - Only will open order if the spread is within this value.Change it based on your broker's spread.

  • Enable Last Trade - If this is enabled(set to true), no new order will open after the chain of orders are closed. Handy when you want it to stop trading after the current orders are closed.

  • Magic Number - Unique identifier for orders traded by this EA. 

Recommendation

For the setting, use the default setting except the starting lot.The starting lot will depend on your capital. If your capital is USD 2,000, you need to start with 0.01. If it is USD 20,000, you can start with 0.1. You can also use cent account or micro account to start with small capital. 

The starting lots must CHANGE based on your capital using above ratio.

For the max spread allow, you can configure based on your broker's spread range.

As this is high frequency trading, you need to use a broker account that has no commission charge. If you can find forex account without swap charge, then it is better. 

In short, full recommended configuration are as following.

  • Use broker with no commission charge
  • Preferably with no swap fee too
  • Starting Lots must change with this formula - Starting Lots = Capital / 200,000. Eg, Capital = USD 2000. Starting Lots = 2000/ 200,000 = 0.01. You must use at least 200,000 as minimum ratio. You can choose to use higher number like 300,000 or 400,000 for safer configuration. Safer configuration means lesser profit too, but you will have lesser chance to have margin call. You will need to balance between profit and safety yourself.
  • Leverage must be 1:500 or above
  • Can run on Cents account or Micro Account if you want to start with smaller capital.
  • Run this EA on EURUSD on M1 timeframe. I received feedback from other users that it works great on other currency too,but do test it yourself with own risk.

If you are looking for broker that fulfill the above criteria, you can either use FBS


This is a trial version with limited period(till30 September 2020).

If you try this and you like it, you can purchase the full version here  .

Alternative of running the EA on your machine for 24 hours, you can also opt to purchase the trading signal of Ophiuchus here . You can save the hassle for the setup and running it 24 by 5 trading day. You can verify the live performance of Ophiuchus from the trading signal performance.

If you have any question or would like to follow the update/progress on Ophiuchus or my Upcoming EA , you can follow the FB page here or PM me there.

Warning!

This is high risk trading and you might lose all your capital in your account, please make sure you start with amount that you are comfortable with. Try this with your own risk and no one will be responsible for your loss.

Hope you like this EA! Please leave me some comments if you like this EA as your recognition means a lot to me. 

Happy trading and may the force be with you !


Update 11 Jan 2024 -> Now we have Ophiuchus MT5 version with avoid trading on news feature, which the EA will automatically stop trading before high volatile news announcement to avoid high volatile period and reduce the risk. This MT5 version is not available on mql5.com but it is available on at Limitless Trading

















































































































Reviews 7
palmer134
84
palmer134 2022.11.18 14:40 
 

Good job & test

Dr Waleed Mahdy
2434
Dr Waleed Mahdy 2020.11.29 08:20 
 

there is a good expert and gives a good profit, but I have been on this site for more than 10 years. Renting any product is a waste of money and does not help ...

Mr. Polwal
164
Mr. Polwal 2020.11.02 19:35 
 

A very profitable EA. Settings are reduced to a minimum. In addition to EURUSD, it can also handle other currency pairs and deliver profits. It has been running on three demo accounts for three weeks and has now been on a real account for a few days, only making profits.

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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
Scalper Dragon
Van Hoa Nguyen
4.62 (21)
Scalper Dragon is a scalping robot developed for GBPUSD, USDCHF, EURAUD pairs. The current version adds a few features that increase system consistency. Trade with the scaling strategy on the M5 timeframe. Orders always come with stoploss, fixed takeprofit.  Download Setfile all pair Note: My account is banned from messaging for 1 week. If you buy the bot, please read the EA description carefully and install it according to the setfile. Any questions, please wait until October 31 when my accoun
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial in
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
EA Black Dragon
Ramil Minniakhmetov
4.79 (486)
EA Black Dragon runs on the Black Dragon indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller      Inputs Value  ·          Open new series – True/False – EA will open another series of orders (enable/d
Waka Waka EA
Valeriia Mishchenko
4.31 (48)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Trend Predictor EA
AW Trading Software Limited
4.69 (13)
AW Trend Predictor EA - an Expert Advisor that trades using trend indicator signals AW Trend Predictor. Uses indicator strategies TakeProfit and StopLoss. Can use multi-timeframe filtering. Has a fixed StopLoss or StopLoss calculated by the indicator. Time-based work and averaging are functionally possible. Instruction and description ->  HERE  / MT5 version ->  HERE   Benefits: Uses a fixed StopLoss or dynamic StopLoss calculated by the indicator based on the current volatility Has the funct
Miliron mt4
Nadiya Mirosh
The   Milioron   robot, developed for the Forex market, has significant flexibility and offers many mechanisms for maintaining a series of orders. It allows traders to automate and optimize their trading using built-in strategies and risk management approaches. Some of the main features and capabilities of the Milioron robot include: 1. **Flexibility of settings**: The robot provides traders with a wide range of parameters and settings that can be adapted to specific trading strategies and
Gold Scalper Trading
Ho Tuan Thang
4.15 (13)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is one of the EAs I have used. using and trading with fund management account
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Bonnitta EA
Ugochukwu Mobi
2.9 (20)
Bonnitta EA  is based on Pending Position strategy ( PPS ) and a very advanced secretive trading algorithm. The strategy of  Bonnitta EA  is a combination of a secretive custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. DON'T BUY AN EA WITHOUT ANY REAL MONEY TEST OF MORE THAN 3 MONTHS, IT TOOK ME MORE THAN 100 WEEKS(MORE THAN 2 YEARS) TO TEST BONNITTA EA ON REAL MONEY AND SEE THE RESULT ON THE LINK BELOW. B
Quantum Quotient MT4
Mohammadmahdi Sanei
Special offer is available at 79$   Quantum price will be increased after 24 hours Introducing the Quantum Quotient for Traders and PropFirms aspirants. This automated trading system implements a strategy without MARTINGALE and GRID tactics , meticulously constructed using proprietary technical and fundamental indicators. These methodologies have undergone rigorous testing and refinement for over a year. The Quantum Quotient strategy encompasses four key steps: 1. Supply and Demand Analysi
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Limitless Free Version
Limitless Trading Enterprise
3.5 (2)
Due to policy changes in MQL5.com, we cannot continue our free trial program here. However, you can request to test our EA in live account though   here  . Limitless EA is a   martingale based EA , which provide   a lot of configuration   to   customize your martingale strategy   to suit your   personal risk profile . Trading Strategy  Main characteristic of this EA: Martingale based strategy. Determine very short term trend as the aim is to get small profit on each trade. Open more trades to e
FREE
Ophiuchus Paid Version
Limitless Trading Enterprise
4.4 (10)
Ophiuchus is the 13th zodiac and it is also the name for this EA as   13   is the key elements for this trading strategy. Trading Strategy The following are the main characteristic of this EA. Martingale based strategy. Only open more trades when it is on the right direction. earn small profit for each trades but a lot of volume everyday. Profit from the volatility of the market. Tested and Proved to be able to profit on EURUSD trading with M1 timeframe. Back Test Result Back test result are
Limitless
Limitless Trading Enterprise
3.67 (3)
Limitless EA is a martingale based EA, which provide a lot of configuration to customize your martingale strategy to suit your personal risk profile. Trading Strategy  Main characteristic of this EA: Martingale based strategy. Determine very short term trend as the aim is to get small profit on each trade. Open more trades to ensure the profit target is closer to current price. Earn small profit for each trades and extremely large volume of trading everyday. Profit from the volatility of the mar
Jakiro
Limitless Trading Enterprise
Jakiro, the Twin Head Dragon in Dota Game, is a ranged intelligence hero who utilizes the powers of ice and fire with powerful linear area spells. Having the same characteristics as Jakiro, Jakiro EA is a duo-thread EA that can monitor the market to buy and sell the same pair of currency simultaneously. This provides Jakiro EA’s ability to profit no matter in an uptrend or downtrend market. Jakiro EA Strategy Martingale + Hedging + Compounding Martingale - The EA will open more orders with hi
Filter:
agrushev777
2328
agrushev777 2024.02.19 19:22 
 

User didn't leave any comment to the rating

Limitless Trading Enterprise
5319
Reply from developer Foo Kwok Whye 2024.02.25 04:57
You are most welcome. Hope this EA can generate good passive income for you.
palmer134
84
palmer134 2022.11.18 14:40 
 

Good job & test

[Deleted] 2020.12.31 10:37 
 

User didn't leave any comment to the rating

Limitless Trading Enterprise
5319
Reply from developer Foo Kwok Whye 2020.12.31 15:00
Thanks for the review! Hope it helps you to earn real profit.
Dr Waleed Mahdy
2434
Dr Waleed Mahdy 2020.11.29 08:20 
 

there is a good expert and gives a good profit, but I have been on this site for more than 10 years. Renting any product is a waste of money and does not help ...

Hicham Akbiri
263
Hicham Akbiri 2020.11.09 12:48 
 

best ea thank you

Limitless Trading Enterprise
5319
Reply from developer Foo Kwok Whye 2020.11.09 14:11
Thank for the review :)
Mr. Polwal
164
Mr. Polwal 2020.11.02 19:35 
 

A very profitable EA. Settings are reduced to a minimum. In addition to EURUSD, it can also handle other currency pairs and deliver profits. It has been running on three demo accounts for three weeks and has now been on a real account for a few days, only making profits.

Limitless Trading Enterprise
5319
Reply from developer Foo Kwok Whye 2020.11.03 00:16
Thanks for your great review :). Your feedback is important to me.
Mohamed Elmaraghy
99
Mohamed Elmaraghy 2020.08.21 20:16 
 

I am using Ophiuchus for last 3 weeks, the EA is great and extremely profitable, and if you have any inquiries you will get immediate support from Mr. Foo Kwok Whye

Limitless Trading Enterprise
5319
Reply from developer Foo Kwok Whye 2020.11.03 00:16
Thanks for your review. happy to support you again when you have new inquiries.:)
Reply to review
Version 2.45 2021.06.14
- This version will only trade till 19 Jun 2021.
Version 2.44 2021.05.30
- This version will only trade till 5 Jun 2021.
Version 2.43 2021.05.16
This version will only trade till 22 May 2021.
Version 2.42 2021.05.02
This version will only trade till 8 May 2021.
FB link is updated.
Version 2.41 2021.04.18
This version will only trade till 24 Apr 2021.
Version 2.39 2021.03.14
This version will trade till 20 March 2021.
Version 2.38 2021.02.28
- This version will trade till 6 Mar 2021.
Version 2.37 2021.02.15
This version will trade till 20 Feb 2021.
Version 2.36 2021.02.01
- This version will trade till 6 Feb 2021.
Version 2.35 2021.01.17
- This version will trade till 23 Jan 2021.
Version 2.34 2020.12.28
- Trade till 9 Jan 2021
Version 2.33 2020.12.12
- This version will be able to trade till 19 Dec 2020
Version 2.32 2020.11.29
- This version will be able to trade till 5 Dec 2020
Version 2.31 2020.11.14
- Is able to trade till 21 Nov 2020
Version 2.3 2020.10.31
- Bug fix on Adjust target price logic
- Able to Trade till 7 Nov 2020.
Version 2.2 2020.10.17
- Improve recommended lot size warning
- This version will trade till 24 Oct 2020.
Version 2.1 2020.10.04
- Improve the logic to calculate the average price.
- this version will trade till 10 Oct 2020.
Version 2.0 2020.09.10
// Ophiuchus Trial v2.0 - This version provides users more control on this EA. Suitable for Trader with some technical analysis skills.
- Added Trade New Series button to replace Enable Last Trading configuration.
- Added Trade Buy or Trade Sell button to let User decide the trade direction that they want.
- Added Long Term Trend based on 50MA/200MA to let users know the current trend.
- Added Current Trend duration and Last Trend duration to let the user know how long the current trend lasts till now and how long does the last trend lasts.
- Added Recommended Lot size warning to warn users when they set a higher lot size than the recommended lot size.
Version 1.7 2020.08.31
Update default value for the EA.
Version 1.6 2020.08.19
Ophiuchus Sep 2020 Trial v1.6 - Shorten Order Comment to show the order sequence on order comment.
Version 1.5 2020.07.29
Minor Tweak