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Perpetual EA

Perpetual EA is a survivable Forex robot that trades range false breakouts. The EA code uses Data Science methods to recognize price ranges and predict the size of future volatility.  The robot can also work on an account opened with a Russian Forex broker.

Trading strategy

The EA opens positions using false breakouts of strong price levels. The robot closes trades both by Take Profit and by using several closing signals. If the EA has not closed the position yet, and the current price range has ended, then the position can be closed at new price levels (see screenshots for examples).

Thus, the EA buys on the support line and sells on the resistance line. Most often, there is an unclear trend in the market, but if the trend can be unambiguously identified, then the robot does not open positions against the trend direction.

The robot applies four different betting strategies. In addition, the EA applies additional rules to increase profit in a good market or reduce losses in a bad market.

Requirements and Default settings

  • Recommended symbol EURUSD
  • Recommended timeframe M15
  • Any type of account
  • Recommended leverage 1 : 500
  • Minimum deposit 200 USD (with minimum leverage 1:500)
  • Minimum leverage 1:38 (with a minimum deposit of 1000 USD). Yes, yes, the robot supports Russian Forex.

    You can simply install the EA on the price chart and start trading. However, if you want to change the settings of the robot, then you can find a detailed guide on my blog: Perpetual EA - User Guide.

    As a bonus, contact me for settings for your specific broker. For more information, please visit my personal website listed in my profile.

    The robot was published using the Remove Comments utility.

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    Remove comments from MQL4 and MQL5 code with a few mouse clicks using this utility. The utility processes all files in the root directory and in all folders of your project at once. Use the "Remove Comments" to protect your source code before compilation, when you publish the next version of your product in the MQL Market, or when you give an executable file to your customer. You can work with the actual source code of your project in the \MQL4\EXPERTS\ or \MQL4\INDICATORS folders. At the same t
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    Version 2.10 2023.06.26
    Improvements have been made to the position closing mechanism.
    Version 2.0 2023.06.09
    Mandatory update.
    The trading strategy has been improved.