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Oberon iSAR MT5

5
Martingale.  "Oberon iSAR MT5" consists of 15 separate blocks (mini Expert Advisors), which sum up the profit and distribute the drawdown over time.

Peculiarities:
  • Individual input data for each character.
  • Symbols can be repeated (even 15 identical ones will trade separately from each other).
  • On one trading account, you can install several "Oberon iSAR MT5" with different settings (observe the condition: Magic[i+1]>Magic[i]+15).
  • Installed on any one chart.
  • If the power of your software is low, then testing in the "Every_tick_based_on_real_tick" mode (with all 15 symbols enabled) will be difficult, or it may end while loading the history of currency pair quotes due to lack of memory. In this case, you can reduce the number of characters in the input data ("Trade" parameter) or shorten the testing period. But the most correct option is to rent a more powerful virtual server (VPS).
  • Hedging account type.
  • For brokers with 4-digit quotes, the "Take_Profit" parameter data must be entered as for 5-digit quotes (that is, multiply by 10).
  • Leverage >= 1:100.

The signal to open positions is when the price breaks through the iSAR indicator (iSAR_1 and iSAR_2 should be on opposite sides of the price). Signal to close positions - "TakeProfit".

The adviser must be optimized for the trading conditions of the account used:
  • Optimization example here.

Oberon_iSAR_1.set

Information for beginners (answer to a frequently asked question):

The "file.set" contains the values of the input parameters. To install them in the adviser's menu, select "load" and select the desired "file.set". You can see the visual description "here".

          Input parameters of the "Oberon_iSAR_MT5" EA:
          • PERIOD_: sets the time frame on which the EA will trade (it does not matter what time frame of the chart on which the EA is installed).
          • Auto_Lot_: automatic increase in the lot of the first order in the session depending on the balance.
          • Balance_For_Add : 0.01 lot increase every Balance_For_Add.
          • MinLot_: Valid if Auto_Lot = false.
          • Limit Max_Lot: limits the lot of the first order in the session to MaxLot/100 (MaxLot is the maximum lot for a symbol on the trading account).
          • Magic_ : each block uses its own Magic[i] = Magic+NumberSymbol. Thus, the usable range can be up to Magic+15.
          • Trade_ : enables (disables) block (symbol) operation. The number of blocks is 15. They work independently of each other according to their individual input data.
          • Symbol_ : currency pair symbols can be repeated.
          • step_iSAR_1 : price increment - acceleration factor of the first indicator (maximum step value = step_iSAR_1 ).
          • step_iSAR_2 : price increment step - acceleration factor of the second indicator (maximum step value = step_iSAR_2 ).
          • TakeProfit_ : number of points to close a position with a profit.
          • Exponent_Symbol : block (symbol) trading volume multiplier.

          Optimization is carried out for each character separately (only one block must be left enabled).

          If the symbol names of your broker's currency pairs contain suffixes or prefixes (for example #.EURUSD.ch ) , then it is necessary to register them completely in the input data.

          The results on different deposit currencies will differ in the dynamics of profit growth. Change of the deposit currency can be corrected by the "BalanceForAdd" parameter - accelerating or decreasing the deposit growth rate.


          Reviews 3
          Luiz Fernando Monteiro Do Nascimento
          989
          Luiz Fernando Monteiro Do Nascimento 2023.05.21 15:43 
           

          Very good Robot

          Michael 888
          297
          Michael 888 2022.11.23 12:37 
           

          Good EA and it deserve 5 stars,my next EA is constructor. Thank you

          Lloyd5Arnold
          34
          Lloyd5Arnold 2022.08.18 22:39 
           

          Very good Robot

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          Luiz Fernando Monteiro Do Nascimento
          989
          Luiz Fernando Monteiro Do Nascimento 2023.05.21 15:43 
           

          Very good Robot

          Aliaksandr Chupryna
          7364
          Reply from developer Aliaksandr Chupryna 2023.05.21 16:51
          Thank you so much for your review
          Michael 888
          297
          Michael 888 2022.11.23 12:37 
           

          Good EA and it deserve 5 stars,my next EA is constructor. Thank you

          Aliaksandr Chupryna
          7364
          Reply from developer Aliaksandr Chupryna 2022.11.23 19:22
          Happy trading!
          Lloyd5Arnold
          34
          Lloyd5Arnold 2022.08.18 22:39 
           

          Very good Robot

          Aliaksandr Chupryna
          7364
          Reply from developer Aliaksandr Chupryna 2022.08.18 22:42
          Thank you so much for your review
          Reply to review
          Version 1.3 2022.10.30
          Fixed incorrect calculation of "Exponent_Symbol" parameter. It is advisable to check in the tester.
          Version 1.2 2022.10.27
          Minor changes have been made to the lot calculation algorithm. When updating the EA version, it is recommended to check your strategy in the tester to correct the "BalanceForAdd" parameter (perhaps it needs to be slightly increased).