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PointerX

PointerX is based on its own oscillator and built-in indicators (Pulser, MAi, Matsi, TCD, Ti, Pi) and operates independently.
With PointerX you can create your own strategies. Theoretically all indicator based strategies are possible, but not martingale, arbitrage, grid, neural networks or news.

PointerX includes

  • 2 Indicator Sets
  • All Indicator controls
  • Adjustable Oscillator
  • Take Profit controls
  • Stop Loss controls
  • Trades controls
  • Margin controls
  • Timer controls

and some other useful operations.

The Expert Panel is provided for visually displaying your settings. To view the settings of indicators, just hover the field of desired indicator on panel with a mouse.
The expert ticks on M1 period and is completely automatical, but you can also trade manually together with. It was tested on symbols:
  • All Forex Major
  • All Forex Crosses (2,3,4,5)
  • All Metals

You can run it for all based timeframes, is fast and has a good error control.

Recommendations

  • Optimize the EA at least every two months for a period of 3 years and, if necessary, change the criteria
  • Leverage 1:500
  • Please try to use minimal filtering

Input Parameters

  • Buy_positions - START/STOP buy operations
  • Sell_positions - START/STOP sell operations

Indicators Sets

  • SET_1 - 10x selected indicators (interrelationship "and")
  • OR/AND - relationship between sets
  • SET_2 - 10x selected indicators (interrelationship "and")

Indicator Input Parameters

  • Pulser - 4x different combination inputs (*LB=0)
  • MAi - 5x different combination inputs (*LB=1)
  • MAtsi - 3x different combination inputs (*LB=1)
  • TCD - 3x different combination inputs (*LB=1)
  • Ti - 5x different combination inputs (*LB=0)
  • Pi - 3x different combination inputs (*LB=0)

*LB=fixed LastBar (for details, please see our indicators description on market)

OSCILLATOR

  • TimeFrame - all based timeframes
  • Period - selected TimeFrame period in bars
  • Coeff - coefficient (xOscAVG) - 1xOscAVG on M1~1xSpread in Points (here you can change the oscillator spread)
  • SPM - switch "strong price movements" function ON/OFF
  • SPM_factor - function factor (xOscAVG)
  • LastWave - switch "LastWave" function ON/OFF
  • ShowLines - switch Oscillator Lines ON/OFF

(Please note, that these settings affect most of calculations)

Take Profit

  • Auto_TP - switch "auto_take_profit" calculation ON/OFF
  • High_TP - if Auto_TP=ON, place take profit high
  • TP_band (xOscAVG) - take profit band fixed distance (if Auto_TP=ON + this distance)

Stop Loss

  • Use_SL - switch ON/OFF "stop loss"
  • Auto_SL - switch "auto_stop_loss" calculation ON/OFF
  • High_SL - if Auto_SL=ON, place stop loss high
  • SL_band (xOscAVG) - stop loss band fixed distance (if Auto_SL=ON + this distance)
  • MDF - auto modifying "stop loss" function (like trailing stop)
  • MDF_sense - function sensitivity

Trades

  • FIFO rules - compatible with NFA Compliance Rule 2-43b or "FIFO rule"
  • PendingOrders - select p_none/p_stops/p_limits
  • PendingDistance - PendingDistance (xSL_pips)
  • PendingClose - PendingClose (xSL_pips)
  • MaxTrades - max active trades allowed (pending and manual orders are excluded)
  • SequenceTrading - switch ON/OFF starting orders algorithm
  • StartSequence - next order start sequence in H1 bars
  • MaxDevPips - max deviation in trade operations
  • FIX_lot - fix lot size (0.0=AUTO_lot)
  • Equity_risk% - if use AUTO_lot, equity you want to risk in %

Margin

  • MarginFree - switch "MarginFree" function ON/OFF (closing less profitable orders {descending}, if below parameters reached - pending and manual orders are excluded)
  • StopOut% (+base MarginCallLevel) - closing orders before MarginCallLevel in +%
  • Max_EQ_dev% (AccBal) - max equity deviation in % of Account Balance

Timer

  • Timer - switch "timer" function ON/OFF (auto close expired orders - manual orders are excluded)
  • MaxOpenDays - max days before expired
  • PanelTextColor - sets desired panel text color
  • PanelBackColor - sets desired panel background color

Additional Information

Please NOTE, that build-in indicators you cannot run visually. You can fine tune the EA settings in tester with our indicators.
Are you satisfied with our work? Share your experiences and leave a comment. If you need help using our trading tools or you have an issue or question, please contact me.
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3.29 (7)
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Peng Peng Gao
Experts
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Experts
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Experts
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Ransom Dikpen Egene
5 (3)
Experts
CM = "DMF_AI_EA_ROBOT"; Strategy = 1   ElapsedSECONDS = 7 MaxDailyProfit = 3500 MaxDailyLoss = - 1500 MaxMonthlyProfit= 10000 LS= 1.3 CSL= 1.3   ESL= 1.3   PF= 50   STP= 50 CPF= 50 TND= 50 Lot= 15   BLS= 15   CLS= 15   TradingBetween = 16 : 30 - 23 : 30 Risk_Triger=+ 010 Mg = 2001   MAX Range Allowed = 100000   Bars For Range =     1 ️️  backtesting parameters provided Above; for ftmo broker only, account size 100K, Pair USTECHCASH100 Timeframe= H1 or H4. for other brokers and pairs contact s
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5 (2)
Experts
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The EA Bot strategy was developed with a foundation in support and resistance, and a hedging scalping strategy in smooth way of entry. Additionally, it includes an auto-PNL, NEWS Filter settings feature designed to mitigate risk during periods of high volatility and high-impact news. The EA Bot also incorporates a money management tool to ensure minimal trade entry during market vulnerability. thank you  Note :  Recommended Timeframe 5mins, Good For Eurusd and USDCAD Currency pairs, recommende
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5 (1)
Experts
CHECK COMMENTS SECTION FOR BACKTESTING PARAMETERS.. The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO)   - No Martingale   - No Grid   - No Hedging Best Risk Management   - Daily Loss limit   - Stop loss and TP protections Best Profit Factor   - Daily Max Profit Lock Protection   - Monthly Profit Lock Protection Best Signal Accuracy    - Best candle Patterns    - Best timed Response     Strategy    - Trend Tracker
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Version 2.8 2020.06.11
1. solving the problem with loading built-in indicators
2. improvements in "Trade section"
3. better Panel
Version 2.7 2020.05.25
1. added some new trading functions, make it possible to trade with pending orders (Pending Orders, Pending Distance, Pending Close, Close Distance)
Version 2.6 2020.05.21
1. compatible with NFA Compliance Rule 2-43b or «FIFO rule»..
Version 2.5 2020.03.25
1. resolved compatibility issues
2. faster performance
Version 2.4 2017.10.25
1. Faster code execution
2. Fixed displaying comment in Trade Comment Column (trading fix lot)
3. Reduced log messages (they do not repeat themselves)