Francesco Capurso
Francesco Capurso
  • Information
no
experience
0
products
0
demo versions
0
jobs
0
signals
0
subscribers
Web Developer at Roma
About Me

Hello! My name is Francesco Capurso, and I am a passionate developer who has recently discovered the fascinating world of MQL5. Combining my love for trading with my technical skills, I have embarked on a journey to develop a series of custom Expert Advisors (EAs) and indicators.

With a background in programming, I am dedicated to leveraging my expertise to create innovative and efficient trading solutions. My goal is to help traders enhance their strategies and achieve better results through automation and advanced analytics.

My recent projects include the development of EAs that utilize various technical indicators, such as Bollinger Bands, CCI, SAR, and ADX, to identify optimal trading opportunities. Two of my notable projects are SARStop and ATRCalculateTarget:

SARStop: This project focuses on utilizing the Parabolic SAR to dynamically update stop loss levels, helping traders to protect their profits and minimize losses.
ATRCalculateTarget: This tool uses the Average True Range (ATR) to calculate optimal take profit levels, ensuring that targets are set based on market volatility.
I am continuously working on optimizing these tools to improve their performance and reliability.

I am excited to share my progress with the MQL5 community and learn from fellow traders and developers. Stay tuned for updates on my latest creations and feel free to reach out if you have any questions or suggestions.

Thank you for visiting my profile, and happy trading!
Francesco Capurso
Francesco Capurso
è possibile con un multiplier ottenere questi risutati sono ancora incredulo...
Francesco Capurso
Francesco Capurso
### Auto Risk Reward EA

**Description:**
Auto Risk Reward EA is designed to help traders manage risk by automatically setting stop loss and take profit levels based on a specified risk-to-reward ratio. It works with any trading instrument, including forex, indices, and commodities.

**Key Features:**
- Automatically calculates stop loss based on recent highs/lows.
- Sets take profit based on the user-defined risk/reward ratio.
- Compatible with all symbols and timeframes.
- Simple to use: open positions without SL/TP, then apply the EA.

**Usage:**
1. Open your trading positions without setting SL/TP.
2. Attach the EA to the chart.
3. The EA will automatically manage the stop loss and take profit for your open positions.
Francesco Capurso
Francesco Capurso
by adjusting the settings the performance improves I'm still testing it but evidently by leaving more space for the initial stop loss it takes less then it becomes dynamic and if it goes in the direction of the signal it is dynamically adjusted on the sar.
Both tests were done on nq h1 with target h8 calculated with atr over approximately four years
Francesco Capurso
Francesco Capurso
🚀 First Test of the New EA Shows Promising Results 🚀

I'm excited to share the initial test results of a new Expert Advisor (EA) that I'm developing, and they look incredibly promising! 🎉 The EA has demonstrated impressive performance in terms of profit generation, all while maintaining a satisfactory drawdown level. However, I've observed that the number of stop losses is still relatively high, even with the overall positive outcome.

Here's the equity curve from the test:


As you can see, the EA is off to a great start. Moving forward, my focus will be on optimizing it to reduce the number of stop losses, enhancing its profitability and robustness even further.

Stay tuned for more updates as I continue to refine this EA. Let's see where this journey takes us! 🚀📈
Francesco Capurso
Francesco Capurso
### Revolutionizing Trading with ATR-Based Target Management

In the ever-evolving world of financial trading, staying ahead requires not just speed and precision but also innovative tools that adapt to market dynamics. That's where the "AtrCalculateTarget" comes into play, a groundbreaking Expert Advisor (EA) I've developed for the MetaTrader 5 platform.

#### What Does AtrCalculateTarget Do?
At its core, AtrCalculateTarget harnesses the power of the Average True Range (ATR) indicator, but with a unique twist. Unlike traditional methods, this EA utilizes the ATR to dynamically set the Take Profit (TP) levels for open positions, regardless of the operating timeframe.

#### Key Features:
- **User-Defined ATR Timeframe**: You can specify the timeframe for ATR calculation, independent of your trading chart's timeframe. This flexibility allows for more nuanced and strategic TP settings.
- **Adaptive TP Setting**: The EA automatically adjusts the TP based on the latest ATR values, offering a responsive approach to market volatility.
- **Intuitive Design**: Built with both novice and experienced traders in mind, AtrCalculateTarget is user-friendly and easy to integrate into your trading strategy.

#### Why Use AtrCalculateTarget?
- **Enhanced Risk Management**: By aligning TP levels with market volatility, you can effectively manage risk, locking in profits more efficiently.
- **Flexibility**: Tailor the EA to fit various trading styles and strategies with its customizable ATR period and timeframe.
- **Time-Saving**: Let the EA handle the TP adjustments, freeing you to focus on other critical aspects of your trading.

#### Final Thoughts:
AtrCalculateTarget represents a significant step forward in automated trading. It's not just an EA; it's a tool that empowers traders to navigate the markets with confidence, backed by the analytical strength of ATR.
Francesco Capurso
Registered at MQL5.community