DreamCather MT5
- Experts
- Sergei Pomytkin
- Version: 3.1
- Updated: 5 October 2022
- Activations: 10
DreamCather EA - is an advanced scalping strategy at the close of the US session. The Expert Advisor is a trend scalper, the trade is entered when the main trend rolls back. A set of simple algorithms allows you to achieve stable results over a long period of time and in various phases of the market. This system is focused on long-term growth. The EA does not use dangerous money management systems such as grid or martingale. It uses a fixed stop loss for each position. The EA has been tested on data for more than 20 years, during which it withstands the most unstable periods. If you do not have the opportunity to keep your computer in working order 24/5, then it is recommended to use the VPS server service.
- Live Signal: https://www.mql5.com/en/users/delmare/seller
- MT4 Version Available Here: https://www.mql5.com/en/market/product/80988
- For comprehensive description of the product, inputs' description and FAQ click here.
- Join our MQL5 group where we share news
Recommendations:
- Timeframe: M5
- Main (recommended) currency pairs: EURUSD,USDCHF,GBPUSD
- Minor currency pairs: EURCHF,EURGBP,USDCAD,USDJPY
- Minimum deposit: 100$
- Setting: Default setting for all pairs
- For best results, it is highly recommended to choose brokers with ECN account, low spread and fair commission.
- Martingale, Grid, Averaging or other dangerous techniques are not used
- 100% automated Expert Advisor
- A high percentage of profitable deals on testing on the entire available history
- Risk control
- Possibility to limit working time
- Automatic risk calculation
- No sitting out a loss for a few days. All transactions will be closed within 3-5 hours
- Each transaction is accompanied by a stop loss and take profit and a limit on the lifetime of the transaction
- Built-in volatility filter optimized for each currency pair
- The adviser does not use news filters
- All transactions comply with FIFA rules
- The EA has been tested with slippage and real spread on the entire available history from 2013 to the present day
This EA is sold only on MQL5. If you see it anywhere else, it will not be a genuine version and I won't be able to provide any customer support.
Setup:- The EA must be attached to the M5 chart, the recommended currency pair, set the risk parameter or a fixed lot
- Set parameter GMT_Shift
- Use only recommended pairs
I have been using Dream for a couple of months now and recommend it. Positions are opened around the close of the NY market and I find myself looking forward to when it becomes active. Single positions are opened with SL and TP set and the success rate is very good. I use it as part of a suite of strategies on my account, I find that it fits well with other strategies because it is active when other EAs are not and positions are opened and closed within a short time frame (a couple of hours). As a result, it gives your account a little extra performance that you would not have otherwise had. My one niggle is setting the time correctly to start trading. I was caught out by the change of the clocks for summer (both in NY and UK, which were a week or so apart) but maybe that was more of a "me" problem, than the EA itself. For me the "Dynamic" setting works best, slightly lower return per trade but it manages the trades very well. Overall, I recommend this EA, good price, consistent results and works well with other strategies. I have found the developer to be responsive and helpful and the price ($250) is well worth it in my opinion.