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Prototype Swinger MT5

Prototype Swinger use swing method (with long Takeprofit) for  Nasdaq/ US100/ USTEC/ NAS100/ NDX index.  This EA is designed with candle breakout, Force index divergence, MFI, Moving Average and other secret indicator/ method for entry position. This EA is a single entry method use stop loss and take profit with ATR.


This EA use swing method (with long takeprofit), maybe make boring for waiting SL & TP. If you need more aggressive EA, you can try Master Nasdaq (daytrading with different method).


This EA has been rigorously tested at several backtest levels, but past results do not guarantee future results. Please do your own research!


Advantages :

  • Single entry with SL & TP (by ATR)
  • No grid
  • No Martingale
  • Low risk
  • No history reader on backtest (All fair)


Recommendations:

  • Currency pair: Nasdaq/ US100/ USTEC/ NAS100/ NDX
  • Timeframe: M5
  • Minimum deposit (mini contract) : $30 ($50 recommended)
  • Minimum deposit (standart contract)  : $300 ($500 recommended)
  • Account type: Standard, Raw or Zero spread accounts 
  • IMPORTANT: It is very important to use LOW SPREAD accounts for best results !
  • Max. spread : 3.00
  • Account without commission is recommended 


Mini Contract broker : fpmarkets, exness, tickmill, multibank, roboforex, Hantech Markets, HFM, FXTM, fxpro, IUX MARKETS, weltrade, etc

Standart Contract broker : Eightcap, fxopen, gomarket, Lirunex, AUSForex, CPT Markets, headways etc


ICMARKETS, XM, Thinkmarkets, BlackbullMarkets, Pepperstone, and Vantage are mini contract, but minimal lotsize on all of them broker is 0.1 lotsize (broker's rule). Therefore balance must be $300 ($500 recommended).


You can backtest with '1 minute OHLC' with the same accuracy as 'everytick (based on real tick)' with much faster calculations.


Tested broker : ICMARKETS, FPMARKETS, FXOPEN, EIGHTCAP, TICKMILL, ROBOFOREX


setfile : https://c.mql5.com/31/1129/Prototype-Swinger-M5-MT5-1.2.set


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Version 1.2 2024.06.13
-bugs fixed
-add force index divergence