Market / MetaTrader 4 / Experts /

PROFESSIONAL ADVISOR

399.99 USD

Demo downloaded: 425

Published: 2 February 2015

Current version: 3.79

PROFESSIONAL ADVISOR

Experts
Lilita Bogachkova
Version: 3.79
Updated: 18 November 2021
Activations: 5

Professional trading minimizes losses to the greatest possible extent. Taking this into consideration, the PROFESSIONAL ADVISOR EA has been designed with additional functions for minimizing trading losses and thus gaining profit for you.

The EA's settings are appropriate for financial transactions with USDCHN M5, GBPNZD M15, USDHKD M15, AUDCAD M30, AUDPLN M30, CADCHF M30, NZDUSD M30, EURCHF H1, NZDUSD H1, AUDPLN H1, USDJPY H4, EURCAD H4, EURUSD H4, GBPUSD H4 currency tool by default.

Other tools and timeframes require additional optimization!

Important:

The EA is designed as 'Multi Advisor' ^*. It comprises of ten separate EAs which use popular MACD (Moving Average Convergence Divergence), AO (Awesome Oscillator), and MA (Moving Average) indicators. This is an ability to practice ten different strategies in one EA. This is also an optimal choice if you use MetaQuotes Software Corp.'s Virtual Server for continuous trading!

^*Making investment decisions on the ground of several strategies offers you comprehensive investment opportunities.

Features:

The expert advisor is designed for simultaneous trading on several tools and timeframes selected by you (recommended).
Account History with selected trading period is used for qualitative assessment of previous trading on the real account on strategy optimization criteria (see article 4). It offers an opportunity to give a real estimation of quality level of the previous strategy and trading.
Genetic optimization and Custom parameter are improved; possibility to sort OnTester option maximal results from stated minimum number of trades (recommended) is included.
Trading strategy optimization by means of calculation of the ratio of mathematical expectation to mean-square deviation of trading results (recommended).
Trading strategy optimization by means of calculation of the percentage difference between "Net Profit" and "Gross Loss" ("Custom").
Working with two strategies you can choose five best results of optimization for each of them (recommended).
Ability to check occurrence of opened order losses before opening trades and not to open trades against price movement.
Calculate a volume (lot) for a trade in percentage of free margin automatically.
Unique Magic Identifier is assigned to each timeframe which guarantees unique character of the identifier when timeframe is changed.
Ability to choose among different trading models: just an opening price, opening price and each tick, or just tick prices.
Automatic closing of trades according to readings of indicators. Dealing center cannot see your profit levels or loss limitations. It might be important in certain cases.
Ability to set your type of positions to be opened for each choice. Names of positions (long/short) indicate that they are not symmetric and require different parameters.
Ability to change sensitivity of indicators which measure tool price fluctuations; indicators' readings for prices (2; 4 and 3; 5 fraction digits) differ.
Recording open, modification, order closing errors, and similar information to the Experts journal. Alert notifications are forcedly recorded.
Ability to send e-mails about all Alert incidents and the expert's initialization to your mailbox. It is important if you use the Virtual Server (VPS). You will always know about critical events and time of server rebooting whether it is prescheduled or not. But first Mail function has to be allowed and set in Meta Trader 4 settings.

Currency trading is the largest financial market of the world. According to the Bank for International Settlements (BIS), five trillion American dollars change hands every day.

If you'd lost money by taking a profit before time and had not minimized losses at the appropriate times, you would know the importance and difficulty of finding a proper approach. Not everyone can conduct trading operations. In such case you should choose automatic trading which takes good care of your deposit and prevents loss of earnings.

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Version 3.79 2021.11.18

The application is compiled in the latest build of the platform. This update includes service improvements to ensure stable and reliable operation of the application.

Version 3.78 2021.11.18

The application is compiled in the latest build of the platform. This update includes service improvements to ensure stable and reliable operation of the application.

Version 3.77 2015.07.14

Correct and qualitative optimization of the EA is called a forward test and includes two stages. At the first stage the EA is optimized on a certain historical fraction of time which is called a test (historical) period. Testing results are represented in a table as input parameters. The EA is launch with the best parameters on a new time period where the EA dose not know how to behave. Such period is called a forward period. If the EA demonstrates good testing results (not optimized for this period!) on this period either, there is a high probability that it will have the same readings when trading.

Operation of the PROFESSIONAL ADVISOR EA has been tested in such a manner on EURUSD M5, the testing (historical) period is from 2012.06.01 to 2013.07.01 and the forward period is from 2011.07.01 to 2015.07.10, before the product has been published in the MQL5 Market.
Forward test of the EA has been performed before and after the test (historical) period. The total time of the forward test is 3 (three) years and 1 (one) year with the test (historical) period.

Apart from the fact that the EA works on M5, the symbol history should be downloaded till H4 before testing!

Version 3.72 2015.02.16

PROFESSIONAL ADVISOR 3.72
The new version of PROFESSIONAL ADVISOR contains new features making your EA more easy to use and efficient.

1. The info panel now contains the costs concerning the calculated commission [Commission] and swap [Swap].
2. Input parameters for
'Optimization, OnTester calculation methods' variable now provide the ability to optimize by 'calculation of balance recovery factor' parameter.
Balance recovery factor is the ratio of the Net profit against the Maximum balance drawdown.
3. The input parameters for 'Optimization, OnTester calculation methods' variable now provide the ability to optimize by 'calculation of equity recovery factor' parameter.
Equity recovery factor is the ratio of the Net profit against the Maximum equity drawdown.
4. Changed trading strategy optimization method when selecting
'Optimization, OnTester calculation methods: - calculation of interest' parameter.
Added the ratio of trades against Maximum equity drawdown to calculations.
5. Reached higher performance for trading strategy optimization and testing. Now, these operations are performed 20% faster as compared to the previous version (3.70). Also, the EA now consumes less computing resources in standby mode.