EA Ambrosia
- Experts
- Conor Stephenson
- Version: 3.5
- Updated: 23 March 2023
- Activations: 5
Ambrosia trades levels created by both the Institutional Levels Indicator and Central Pivot Tool.
These levels include CPR zones, Fibonacci levels, Support & Resistance, Quarter Points and more. In total there are 26 different entry options / combinations the expert advisor can take.
Each day Ambrosia will calculate new Pivot and Fibonacci levels based on previous days price action. Coupled with a constant watch above and below current price for Institutional Levels, this expert can trade multiple significant levels in price.
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Signals : -
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Group chat : https://www.mql5.com/en/users/conorstephenson
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Please contact me after your purchase for set up advice and a free Expert Advisor!
My products are for sale only on MQL5, if you see this product anywhere else, it is an imitation. Don't be fooled.
Key Features
- Enters into trades using different price levels - Choose from 26 conditions.
- Trade entry options include - R1, R2, R3, S1, S2, S3, - Fibonacci points ' 0.23, 0.38, 0.5, 0.68, 0.78 ', - Fibonacci Zone, - Institutional / Quarter Point levels ' 000, 200, 250, 500, 750, 800 '.
- Optional function to filter entries by different timeframes trend.
- Versatile Expert Advisor.
- Multiple ways to control and manage trades. - Can be set up with or without grids.
- Compliant with the FIFO rule.
- Equity limits / Alerts.
- Wide Spread & Slippage protection.
- Drawdown Reduction function.
- Automatically adjusts Fibonacci direction according to price action.
- Additional indicators are not required to see each level on-chart. - Customisable line types, colors and styles.
Recommendations
- Pairs - No Grid - EURGBP. / Grid - GBPUSD.
- Timeframe - No Grid - 1HR / Grid - 15M
- Account - For a standard account type a reliable ECN broker will provide the best performance using at minimum $1500 and a 1:500 leverage for grids, and a minimum of $100 for non grid settings. My experts also work well with cent accounts, please contact me for settings.
Input List
--- [ FULL USER GUIDE HERE ] ---
- Entry Condition.
- Filter Using Trend.
- Trend Timeframe.
- Line Mode.
- Line Length.
- Show Central Pivot Range.
- Show Fibonacci Levels.
- Show Pivot Points.
- Show Labels.
- Show Prices.
- Show CPR Rectangles.
- Show On Chart Panel.
- Draw BE Line.
- BE Line.
- Allow Hedge Trades.
- Allow New Cycle.
- Max Spread.
- Max Slippage.
- Max Lot Size Allowed.
- Max Buy & Sell Trades Allowed.
- Only Open Trades Above Free Margin.
- Close Trades If Equity Drops Below.
- STOP Trade Before Weekend.
- SKIP Monday Market Open.
- Limit Trade Hours.
- Start Hour.
- Stop Hour.
- Base Lot.
- Multiplier.
- Stop Loss - In pips.
- Take Profit - In pips.
- Auto Money Management.
- Auto Risk Percent.
- Use Grid.
- PipStep Method.
- Dynamic Step Timeframe.
- ATR Period.
- IF Fixed Pipstep.
- Use Trail Take Profit.
- Use Trailing Stop.
- Trail Start From.
- Move Trail Stop To.
- Trail Step.
- Use Auto Close.
- How Much Profit.
- AutoClose Mode.
- Multiply Profit By Open Trades.
- Use DD Reduction.
- Reduce After.
- Amount To Function.
- 000 Style.
- 000 Width.
- 000 Color.
- 200/250 Style.
- 200/250 Width.
- 200/250 Color.
- 500 Style.
- 500 Width.
- 500 Color.
- 800/750 Style.
- 800/750 Width.
- 800/750 Color.
- Central Pivot.
- Central Pivot Range.
- CPR Rectangles.
- CPR Line Style.
- CPR Line Width.
- Pivot Points Style.
- Pivot Points Width.
- Support.
- Resistance.
- Fibonacci Style.
- Fibonacci Width.
- Fibonacci 0.
- Fibonacci 23.
- Fibonacci 38.
- Fibonacci 50.
- Fibonacci 61.
- Fibonacci 78.
- Fibonacci 1.
Profitable for several months on a live account. I particularly love the drawdown reduction feature.