• Overview
  • Reviews (6)
  • Comments (3)

Torakiki

5


Torakiki takes advantage from the only sure thing about Forex: price will move. 

It works 24/7 opening at any time two baskets, one in buy and one in sell. While the one that happened to be in the right direction keeps collecting profits, the other basket opens a grid with a clever recovery mechanism which closes positions one after the other as they reach their individual take profit in those usual bounces back you have even in the strongest trend formation, keeping track of the total profit collected by that basket over time. When all already closed trades plus the open trades for that basket reach a defined amount of money gained (netted commission and swaps) the entire basket gets closed and a new one opened.

The Expert advisor is Highly customizable, allowing you chose how to space the grid, whether you want to go martingale or not, and how aggressive (or actually not aggressive at all) your martingale strategy should be, fitting any sort of risk propension. It is, in a way, purely mathematically based and for this reason it works equally well with every currency pair. For the same reason (actually this is true for any strategy, as there is NO indicator that can predict the direction of forex) you have to provide enough equity as there will be DD by design.

The picture with backtest is provided to show how this works. You will notice that balance keeps going up until the basket closes because the overall profit has been reached, closing with it all open position (including those losing) that you can clearly identify in the chart by a drop in the balance and steady equity. Torakiki has reached his profit goal, and it is ready to restart!

While some backtest will be provided in my product page together with some set files, those really make little sense as very much depends on you starting capital and risk appetite. I've been using Torakiki on my own capital for several years now in a SWING setting (the one you find as default) with very good result. I'm sure the community will find some other very good settings.

As Warren Buffett said, "The stock market is a device for transferring money from the impatient to the patient."  Torakiki is you patient EA.

Input Parameters:


TradeComment: Is the label that will appear in the comment of your trades. Please note the comment will be post-fixed with the basket id, used from the EA to identify trades belonging to each basket

MagicNumber: Internal number used by the EA to identify trades coming from itself VS trades coming from other EAs or manual trading. Must be unique.

PipSpacing: Distance in PIPs between each trade in the grid

Pause: if set to True, Torakiki will continue to manage current basket (adding trades if needed) but once the basket is closed it will not open a new one

ShowPanel: Shows info panel. Set it to False to speed up backtesting

LotSize: size of the first trade in the basket. If not set to "Martingale" each subsequent trade will sum this value to the previous trade.

MaxLot : sets the maximum size of a trade. After this is reached subsequent trades will not increase in size anymore

MartingaleON: turns on Martingale

MartinFactor: this the number the lotsize will be multiplied by to get next lot size. Please note this will be floored to the closer usable one, so if you start with 0.01 and set a multiplicator of 1.5 your series will look like 0.01 - 0.01 - 0.02- 0.03 - 0.03...

MartinFactorDecreasingRate: if set to anything greater than 0, this will reduce your "MartinFactor" multiplicator by that number (eventually fading to 1) after a certain number of trades have been added to your basket. This is to avoid huge ramp up in position size when facing a strong countertrend movement

AutoscalingEach: this is the amount of money you are setting your parameters for. Once this is doubled Lotsize and MinBasketProfit will be doubled automatically. Please note to avoid a size up to happen in a moment of drowdown this number is calculated as and average between balance and equity

MinBasketProfit: This is the net profit (Swap and Commissions removed) you expect the EA to have to close a basket.


IMPORTANT: Because of the way MT4 works History should be set to "All History" for the EA to be able to work properly.

Let's the ride begin!



Reviews 6
BigSidTrader
26
BigSidTrader 2022.06.12 16:24 
 

Torakiki has the only true logic on the market. But I'm still in the testing phase. Congratulations Franchesco.

kufre peters
130
kufre peters 2022.05.13 06:00 
 

best robot, just try It for just 24hours you will understand what i mean, ATM FOR FEEE

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AI-Powered Trading Cortex EA is a cutting-edge Expert Advisor designed for Gold or XAUUSD and GBPUSD. It utilizes neural networks, AI, and machine learning for smart, low-risk trades. Unlike risky strategies like martingale, Cortex EA focuses on safety and adapting to market changes in real-time. Join our  MQL5 community  for updates, tips, and exclusive content. AI Cortex MT5 Version AI Cortex EA setup blog Promo Price: $599 for the first 3 purchases | Next Price: $749 Key Features AI-powere
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
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agrushev777
2328
agrushev777 2024.02.19 22:08 
 

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Johnson Arul
18
Johnson Arul 2023.02.01 09:44 
 

Need it in MT5

John Winsome Munar
3471
John Winsome Munar 2022.06.21 03:59 
 

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BigSidTrader
26
BigSidTrader 2022.06.12 16:24 
 

Torakiki has the only true logic on the market. But I'm still in the testing phase. Congratulations Franchesco.

kufre peters
130
kufre peters 2022.05.13 06:00 
 

best robot, just try It for just 24hours you will understand what i mean, ATM FOR FEEE

ThorstenKock
2584
ThorstenKock 2021.11.30 01:27 
 

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