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Bermaui Manual EA

5

This is a semi-automatic expert advisor that trades the grid system. The idea is to gradually take different positions in the market, then to calculate the break-even level for them. When the prices pass this break-even by a predetermined distance all opened orders are closed.

Important Information

    Here is the user's guide:  https://www.mql5.com/en/blogs/post/730567

        You can try this EA with any of my other products, here:   https://www.mql5.com/en/users/bermaui314/seller


        Important Features

          The EA has a stop loss mechanism to protect the traded capital from unexpected results.

          You can trade any MT4 symbol like EURUSD - XAUUSD - Oil - Bitcoin.

          You can trade any MT4 time-frame.

          I recommend running the EA from a VPS.


            Parameters and default settings

            1) MONEY MANAGEMENT SETTINGS

                Start Lot.Recommended with the default settings to be 0.01 for each 500$ with a leverage 1:400 or more.
                    Lot Exponent.The multiplying size for the next order. As example, if the Start Lot is 0.01 and the lot exponent is 2 then, the lot size of the grid will go like this: 0.01 – 0.02 – 0.04 – 0.08…etc.
                        Take Profits in points.The profit distance after break-even measured in points. Default is 50 points (or 5 pips).
                            Grid Steps in points.The distance before opening a new order in the grid measured in points. Default is 50 points (or 5 pips).
                                Maximum Number of Trades.Default is 30 order.
                                    Use Stop Loss.Default is true.
                                              Note. The stop loss of each order equals the [Grid Steps in points x Maximum Number of Trades]

                                      2) STYLE SETTINGS

                                          Show Breakeven & Target.This option is good in visual mode.
                                              Buy Breakeven Color.Default is Lime Green.
                                                  Sell Breakeven Color.Default is Coral.
                                                      Order's Alert Sound.This is the option to play a sound when a new order is triggered or closed.


                                                      Remember to risk what you afford to lose.

                                                      If you have any questions then please, contact me via a private message or, write them in the comment section.
                                                      Muhammad Al Bermaui, CMT

                                                      Reviews 10
                                                      Anpex
                                                      378
                                                      Anpex 2024.04.17 19:00 
                                                       

                                                      Hi Bermaui It is an excellent EA, it guarantees problem-free money management. You only need to worry about entering the best initial Buy/Sell position. The EA will take care of the rest. Thanks Bermaui

                                                      rtiwari6018
                                                      545
                                                      rtiwari6018 2022.03.04 14:33 
                                                       

                                                      Thank You👍👍 for such a product; I have been using your product for more than a year.

                                                      Frank Paetsch
                                                      7117
                                                      Frank Paetsch 2022.01.22 23:25 
                                                       

                                                      good

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                                                      This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
                                                      Summer 50% discount ($199 -> $99) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget tra
                                                      Trade Assistant Pro 36 in 1
                                                      Makarii Gubaydullin
                                                      4.95 (21)
                                                      Multifunctional tool: 65+ functions, including: Lot calculator, Price action, R/R ratio, Trade manager, Supply and Demand zones Demo version   |   User manual The utility doesn't work in the strategy tester: you can download the Demo Version HERE  to test the product. Contact me for any questions  / ideas for improvement / in case of a bug found If you need a MT5 version, it is available   here Simplify, speed up and automate your trading process . Expand the standard terminal capabilities wit
                                                      This is a multi-currency converter script that can convert the currency of the account history to another currency and output it. Since it supports multiple currencies, it is possible to exchange USD, EUR mutual conversion, JPY, GBP, AUD, or other minor currencies. Currency Exchanger can be converted to other currencies immediately by executing it once, so anyone can easily exchange currency. Let Currency Exchanger do the tedious work! The exchange result from the account history can be output a
                                                      DrawDown Limiter MT4
                                                      Haidar, Lionel Haj Ali
                                                      5 (9)
                                                      Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
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                                                      True Direction Oscillator
                                                      Muhammad Elbermawi
                                                      4.89 (494)
                                                      Or (TDO)  which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then the price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" give higher readings for ascending price movements than those given to descending ones. TDO fixes this problem to help traders at re
                                                      MASR Bands
                                                      Muhammad Elbermawi
                                                      4.64 (11)
                                                      Or M oving A verage S upport R esistance Bands . MASR Bands indicator is a moving average surrounded by two bands that work together as support and resistance levels. Statistically, MASR Bands contain price candles 93% of the time. Here is how it is calculated in steps: 1. The first step is to calculate the highest high (HHV) and the lowest low (LLV) for an X period of time. 2. The second step is to divide HHV by LLV to get how wide is the distance between them as a percentage. I call the
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                                                      Muhammad Elbermawi
                                                      4.94 (129)
                                                      Or ( BD% ) which is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on the Classic Standard Deviation (CSD) that moves between 0 and 100 percent. You can use BD% to compare volatility for the same security in different time periods or different time-frames. In addition, you can use BD% to compare volatility between different securities in different markets in terms of percent rather than points. HOW TO USE "BD%" I
                                                      Bermaui Bands
                                                      Muhammad Elbermawi
                                                      4.94 (90)
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                                                      Bermaui Pin Bars
                                                      Muhammad Elbermawi
                                                      5 (22)
                                                      Bermaui Pin Bars   Or (BPB) is an indicator that finds Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like Hammer, Inverted-Hammer, Hanging Man, Shooting Star, Dragon Fly Doji or Grave Stone Doji. Bermaui Pin Bars indicator find this pattern depending on a formula that can be explained in the next steps: At first BPB calculate the
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                                                      Muhammad Elbermawi
                                                      5 (7)
                                                      The idea of this indicator is to draw RSI in the form of candles that can be compared with price charts to generate buy and sell signals. The indicator is not my invention. I founded it on the internet several years ago. I updated the code, added alert functions, added the Bermaui Utilities group of tools. The indicator calculates the RSI of all the prices that are used to draw candlesticks (RSI of the open, high, low & close). It uses the highest of them to draw the RSI candles high wick & the
                                                      Moving Average Cloud
                                                      Muhammad Elbermawi
                                                      4.93 (14)
                                                      Or "MAC". This is an indicator designed to help you capture and trade the trend. The idea behind this indicator can be explained in the next steps: Draw a fast-moving average Envelope. Draw a slow-moving average Envelope. The MAC Upper Band is the highest value between the high of both Envelopes. The MAC Lower Band is the lowest value between the low of both Envelopes. The MAC Histogram Cloud fills the distance between two bands to show you change in direction. Blue Cloud indicates the uptren
                                                      Classic Keltner Channel
                                                      Muhammad Elbermawi
                                                      4.9 (40)
                                                      Or CKC. This indicator works depending on the classic ten-day moving average rule described by Chester W. Keltner (1909–1998). All parameters are set to the classic version of the Keltner system by default, while the user can change them if he wants. Important Information    Read CKC Manual:   https://www.mql5.com/en/blogs/post/736577    CKC Expert Advisor Example:   https://www.mql5.com/en/blogs/post/734150 About Keltner Channel Formula 1. Calculate the Center Line as a simple moving aver
                                                      BACD Cloud
                                                      Muhammad Elbermawi
                                                      4.57 (7)
                                                      Or B ermaui A verage C onvergence D ivergence Cloud , which is an oscillator that shows trend direction and measures its strength in percent. BACD Cloud calculation is as follow: 1- Calculate two exponential moving average. One of them is faster than the other. I will call the first (Fast) and the second (Slow) 2- Find the center between them, where: Center MA = (Fast + Slow) / 2 3- Calculate BACD Line as follow: BACD = 100 * (Fast / Center MA) 4- Calculate the BACD Signal Line, which i
                                                      Or DBD%. The indicator consists of colored tape that shows trading signals depending on two Bermaui Deviation Oscillator (BD%) and two moving averages. Bermaui Deviation Percent is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on Classic Standard Deviation (CSD) that moves between 0 and 100 percent. Important Information DBD% expert advisor example:  https://www.mql5.com/en/blogs/post/731145 If you want to know mor
                                                      Bermaui Channel
                                                      Muhammad Elbermawi
                                                      5 (27)
                                                      This is a price channel that shows five important price levels on the chart. Those levels are: 1. The Highest High (HH) of the previous x bars. 2. The Highest Low (HL) of the previous x bars. 3. The Center Line. 4. The Lowest High (LH) of the previous x bars. 5. The Lowest Low (LL) of the previous x bars. How does Bermaui Channels Captures Overbought  area Think of the distance between HH and HL levels as an overbought area. When the price candles or bars crosses the HL to the upside this
                                                      Horus EA
                                                      Muhammad Elbermawi
                                                      3.67 (3)
                                                      Horus EA for MT4 Thousands of years ago, the ancient Egyptians invented a counting system that they used to measure their lands and weighing their commodities. This system was known as the " Eye of Horus ". The Eye of Horus was associated with the myth of the god Osiris and became one of the sacred symbols of the pharaohs. I used the mathematical equations in the Eye of Horus with the Fibonacci sequence to build a negative progression money management system that is 89% safer than the famous
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                                                      Anpex
                                                      378
                                                      Anpex 2024.04.17 19:00 
                                                       

                                                      Hi Bermaui It is an excellent EA, it guarantees problem-free money management. You only need to worry about entering the best initial Buy/Sell position. The EA will take care of the rest. Thanks Bermaui

                                                      Muhammad Elbermawi
                                                      52350
                                                      Reply from developer Muhammad Elbermawi 2024.04.18 14:34
                                                      You are welcome my friend.
                                                      I appreciate your kind words & great review 💚🙏
                                                      rtiwari6018
                                                      545
                                                      rtiwari6018 2022.03.04 14:33 
                                                       

                                                      Thank You👍👍 for such a product; I have been using your product for more than a year.

                                                      Frank Paetsch
                                                      7117
                                                      Frank Paetsch 2022.01.22 23:25 
                                                       

                                                      good

                                                      Mohammad Al Ateeq
                                                      561
                                                      Mohammad Al Ateeq 2022.01.21 14:40 
                                                       

                                                      It's simple, friendly user & great i like the way that i caan enter trades manuallly in both directions, thank you bermaui :)

                                                      pitpitrowski
                                                      909
                                                      pitpitrowski 2021.08.15 16:12 
                                                       

                                                      Sehr guter EA. I verbindung mit einem Indikator sehr Profitabel

                                                      Muhammad Elbermawi
                                                      52350
                                                      Reply from developer Muhammad Elbermawi 2021.08.16 10:21
                                                      Thanks for the great review and stars 🙏💚
                                                      I hope that you enjoy the telegram channel and all the trading examples that I show their:
                                                      https://t.me/BermauiChannel
                                                      M.S
                                                      354
                                                      M.S 2021.06.23 19:58 
                                                       

                                                      Awesome EA, recovering my bad trades fast!

                                                      Muhammad Elbermawi
                                                      52350
                                                      Reply from developer Muhammad Elbermawi 2021.08.13 17:36
                                                      Thanks for the great review and stars 🙏💚
                                                      You can join my telegram channel from here:
                                                      https://t.me/BermauiChannel
                                                      Rudy Christophe Franck Chagia
                                                      179
                                                      Rudy Christophe Franck Chagia 2021.06.23 09:36 
                                                       

                                                      This EA is very good, it manages your trade and helps you to manage your entry. Useful I recommend it.

                                                      NewAgeDrip
                                                      500
                                                      NewAgeDrip 2021.04.14 21:24 
                                                       

                                                      Get it now!

                                                      teejay77
                                                      340
                                                      teejay77 2021.03.07 09:07 
                                                       

                                                      I recently purchased the Manual Ea and i havew found that as per usual the developer has once again never failed with quality products. Thank you sir

                                                      mkute_mt5
                                                      39
                                                      mkute_mt5 2021.02.11 07:03 
                                                       

                                                      Just got this EA and it looks good so far. Muhammad is very responsive and provides amazing customer support. Looking forward to increasing my account balance with time. Good luck everyone.

                                                      Muhammad Elbermawi
                                                      52350
                                                      Reply from developer Muhammad Elbermawi 2024.04.18 14:34
                                                      Thanks a lot, mkute_mt5.
                                                      🤗 I appreciate it.
                                                      💬 If you needed anything then send me a private message and I will answer as soon as I am online.
                                                      Reply to review
                                                      Version 1.4 2021.01.27
                                                      Added a "Stop Loss Choice" for the user.
                                                      Optimized default settings for scalping.