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Red Devil Shorter EA

The Red Devil Shorter is a fully automatic short setup based on EMAs and SMAs.

Attention: Only 9 of 10 copies left at the price of $250, after that the price goes up to $499

We use this great EA exclusively for the EUR/CHF pair, as we developed it specifically for that.

The idea behind the setup is the weakness the EUR/CHF shows in the default time. 

The trades are mainly closed by counter signals or the set time. In rare cases, trades are closed by the SL.

Nevertheless, every trade has an SL.

The tests on the screenshots were carried out in 5min and 30min charts. It can be set whether the EA uses a fixed lot size or the position size is calculated as a percentage of the balance. With the settings shown in the screenshot, we recommend 3 - 6% risk per trade.

All tests were performed with high quality data from Dukascopy. Do not rely on your broker's data in MT4 or MT5, they are usually not of high quality and give false results.

The time setting is based on Central European Time UTC +1 (winter time). Depending on the time zone, the time must be adjusted accordingly.

We recommend choosing a broker with a low spread and little slippage. For example, we have had good experiences with ICMarketsEU-MT5-2 or ICMarketsSC-MT5-2.


Features:

  • The back tests were carried out in EUR/CHF.
  • The back tests were carried out on the 5min and 30min chart.
  • A chart must be called up for each symbol and the EA played on it.
  • Ideally, run the EA on a VPS.
  • No grid or martingale system.
  • The EA doesn't use historical data reading or over-optimization, we don't tamper with our tests.
  • Every trade has a SL.
  • The trades are closed by SL, counter-signal or time-dependent.
  • Tested on 100% quality data from Dukascopy.


MT4 version: https://www.mql5.com/de/market/product/92601?source=Unknown

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Georgios Kalomoiropoulos
4.45 (11)
Fully Automated EA based on Supply and Demand Principles. The first Supply and Demand EA that is offering Complete Automation. Now trading Becomes Effortless, offering full control over your trading strategy through a User-Friendly graphical Trading Panel. You get a Super High Quality Algorithmic Trading Software that contains more than 15,000 lines of code. The best way to trade "Prop Firms Challenges" and Pass all the Stages to be a Quilified Trader. Supply Demand EA ProBot Manual     ||   
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The Red Devil Shorter is a fully automatic short setup based on EMA and SMA. Attention:  Only 9 of 10 copies left at the price of $250, after that the price goes up to $499 Signal:  https://www.mql5.com/de/signals/1826330 We use this great EA exclusively for the EUR/CHF pair, as we developed it specifically for that. The idea behind the setup is the weakness the EUR/CHF shows in the default time. The trades are mainly closed by counter signals or the set time. In rare cases, trades are closed by
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Jason_P84
19
Jason_P84 2023.01.25 07:51 
 

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Manuel Gehrig
331
Reply from developer Manuel Gehrig 2023.01.25 16:17
Thanks Jason 👍🏻
Antonio Perreira
23
Antonio Perreira 2023.01.20 16:29 
 

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Manuel Gehrig
331
Reply from developer Manuel Gehrig 2023.01.21 10:02
Thanks for the review!
compufis
49
compufis 2023.01.20 14:12 
 

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Manuel Gehrig
331
Reply from developer Manuel Gehrig 2023.01.21 10:01
nice to hear that. I wish you continued success with the EA and thanks for the review!
traderIBS
29
traderIBS 2023.01.18 08:42 
 

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Manuel Gehrig
331
Reply from developer Manuel Gehrig 2023.01.19 08:55
Danke für die Bewertung. Es freut mich sehr, dass Sie bereits Gewinne machen konnten. Wir testen auch immer mit den Daten von Dukascopy, kommt dem realen Handel am nächsten.
Alex7734
20
Alex7734 2023.01.17 10:34 
 

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Manuel Gehrig
331
Reply from developer Manuel Gehrig 2023.01.17 11:53
Besten Dank für die Bewertung!
Reply to review
Version 1.4 2023.02.10
Changes:
1. New parameter "Include spread into stop loss"
2. Checks added (min stop loss broker limitation, trading hours etc)
3. Position opening and stop loss setting goes in one transaction: fill or kill
Version 1.3 2023.01.17
Neuste Version, optimierte Einstellungen.