Market / MetaTrader 4 / Utilities /

Bermaui Manual EA

50 USD

Demo downloaded: 164

Published: 4 October 2020

Current version: 1.4

Bermaui Manual EA

Name: Bermaui Manual EA
Price: 50.00 USD
Rating: 5 (10 reviews)
Author: Muhammad Elbermawi

Utilities
Muhammad Elbermawi
Version: 1.4
Updated: 27 January 2021
Activations: 20

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

more...

870

Ramhorn 2024.08.07 13:04 #

Thank you Muhammad...your Manual EA deserves a thousand accolades. Once a short, or long trend, is determined by the trader; using his favorite indicators...your EA captures pips in rapid succession - especially on the 1 minute or 5 minute time frames. I give it five Stars for a well thought out EA.

561

rtiwari6018 2022.03.04 14:33 #

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

7267

Frank Paetsch 2022.01.22 23:25 #

good

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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

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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

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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

50 USD

Bermaui Bands (BB) is a technical analysis tool that helps filter between ranging and trending price movements. The idea behind this indicator can be explained in the next steps: Calculate Standard Deviation as an oscillator that moves between 0 and 100. I will name it Bermaui Deviation percent (BD %). If "BD %" is near zero then volatility is at its extreme. In addition, if "BD %" is near 100 then volatility is very low. High volatility means a great probability for a trending market, while low

50 USD

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

60 USD

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

50 USD

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

50 USD

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

40 USD

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

200 USD

Filter:

Fadi Roman 2024.08.13 17:05 #

Hi Mr. Muhammad I would like to thank you for this unconventional expert. I bought it yesterday and now I'm using it through a demo account. I have some observations i hope you can clarify, For what is called (Grid Steps in points), it cannot be determined consistently and suits all types of Charts.. EURUSD Chart is different than XAUUSD, US30 Chart and so on, When specified incorrectly, this can cause me to lose many trades. Can you explain how I determine the suitable number of points (Grid Steps in points) for each different chart? Thank you 🌹

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Reply from developer Muhammad Elbermawi 2024.08.13 18:35 #

I appreciate your kind words & great review 💚🙏 I sent you a private message to answer your question.
Next time please add your question in the comment section and I will answer as soon as I am online.

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Ramhorn 2024.08.07 13:04 #

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Anpex 2024.04.17 19:00 #

User didn't leave any comment to the rating

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Reply from developer Muhammad Elbermawi 2024.04.18 14:34 #

You are welcome my friend.
I appreciate your kind words & great review 💚🙏

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rtiwari6018 2022.03.04 14:33 #

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

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Frank Paetsch 2022.01.22 23:25 #

good

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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 :)

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pitpitrowski 2021.08.15 16:12 #

User didn't leave any comment to the rating

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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

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M.S 2021.06.23 19:58 #

Awesome EA, recovering my bad trades fast!

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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

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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.

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NewAgeDrip 2021.04.14 21:24 #

Get it now!

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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 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.

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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.

Version 1.4 2021.01.27

Added a "Stop Loss Choice" for the user.
Optimized default settings for scalping.