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Chefs Arbitrage

Chefs Arbitrage is the Professional EA that uses Bollinger band RSI and stochastic to determine price Action. I have implemented a lot of features and systems in this EA in order to improve its overall performance. MACD as optional filter to boost the  3 additional trading strategies in the Chefs Arbitrage which increase the total profit. The EA has optional features like Advanced Time Management system, Notification System, Friday Exit System, Advanced News Filter and i have added additional parameters for making Chefs Arbitrage more flexible.


WARNING:   Contact me for optimum setfiles!  Before using the Grid part of the EA, be aware of its risk , if you are not aware of the risks associated with this type of trading, then use other strategy available in the EA. 

The grid pattern of Chefs Arbitrage is a very controversial topic in the trader’s community. The reason for this is the following - used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. On the other hand in certain circumstances they fail dramatically. So you can make your choice on pattern and strategy to use, the Chefs Arbitrage EA gives a wide options of advantages. The key elements for the success of any grid and non grid based trading are the applied risk and the right entry and exit trading logic.

Chefs Arbitrage is designed to pick up the right moment for the initial market entry and for the following additional grid and non-Grid based recovery trades. Lots of features you can't find in other EA are present for quick recovery.

Using risk level equivalent on 0.01 lots on $10,000 account balance, or lower, is essential for long-term success with the Grid strategy !!!



Important notes
The minimum starting capital for Grid strategy is $5,000
The advised starting capital for Grid strategy is $10,000

The default settings can be classified as reasonably aggressive. Please, perform your own backtests and examine the way the EA works! If these settings are too aggressive for you, then you can try the conservative settings from here on the comment section

Recommended currencies:Eur/usd, Gbp/usd, Eur/chf, Usd/cad, Aud/cad, Usd/sgd, Cad/chf, Chf/jpy, Aud/chf, Usd/chf, Usd/jpy

Fast backtest : 1H Close Price.

If the Last trade is a loss while back testing ,it just mean that the trade was still opened but close at stop ,adjust the end time of the backtest to the opening date of the last trade  and test again.

When using grid, do not close any trade ,whether in profit or in loss to allow a safe money management



Timeframe

The H1 timeframe is strongly recommended.


Currency

GBPUSD only recommended. The other major currencies can be traded with caution but  It is advisable to perform back tests to determine if trading results and frequency is acceptable.


Risk management

The average take profit is around 1% of your account . more than one trade is opened until 1 % profit is reached then all open trades close.  No martingale trading is used as part of risk management.

Please do not use this software on multiple currency at the time ,focus on one currency for less risk and more profit 

The Expert uses a Position Sizing of 1 Lot per 10000 Unit 

.

Recommended balance

The minimum recommended balance for the EA's use is $1000.


Parameters

  • Magic number. This number is used by the EA to identify its trades from other trades. This is useful when you insist on placing multiple copies of the EA on multiple charts. In that case, please define a unique magic number for each chart.


































































Chefs Arbitrage features

Advanced News Filter
New, improved, highly effective trading logic 
Email and Push Notification system
Advanced Time Management system
Close with dollars filter
optional martingale option
Global tp & sl

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Synapse Trader : Un réseau neuronal qui ouvre de nouveaux horizons dans le trading Imaginez un conseiller qui ne se contente pas d’analyser le marché, mais devient votre assistant intelligent, apprenant chaque jour et s’adaptant aux conditions changeantes du marché.   Synapse Trader   est un outil unique basé sur des technologies avancées de réseaux neuronaux, capable de capter les signaux les plus subtils du marché. Ce n’est pas seulement un Expert Advisor, c’est un   réseau neuronal vivant   q
Prisma EA
David Jukl
The Prisma Expert Advisor is a set of rules that allows you to achieve consistent results on the FOREX currency market thanks to sophisticated open position management, quality money management and opening and closing of positions, where mathematics together with probability play the main role. Prisma is able to work with stability on all major currency pairs and their combinations provided the system is run with a suitable broker that offers favorable conditions for such trading. However, it is
Gold Scalping AI
Ho Tuan Thang
5 (1)
ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2276213 Gold Scalping AI is an EA that uses artificial intelligence technology to analyze data of many indicators. From there, EA will have the best option to enter orders. The biggest difference of Gold Scalping   AI is that the EA can control the Risk:Reward ratio much better than other EAs.That is possible thanks to a set of tools to control e
AW Recovery EA
AW Trading Software Limited
4.4 (75)
L'Expert Advisor est un système conçu pour récupérer les positions non rentables. L'algorithme de l'auteur verrouille une position perdante, la divise en plusieurs parties distinctes et ferme chacune d'elles séparément. Une configuration facile, un lancement différé en cas de baisse, un verrouillage, la désactivation d'autres Expert Advisors, une moyenne avec filtrage des tendances et la fermeture partielle d'une position perdante sont intégrés dans un seul outil C'est l'utilisation des pertes
Bitcoin Scalping MT4
Lo Thi Mai Loan
5 (1)
Présentation de Bitcoin Scalping MT4/MT5 – L'EA intelligent pour le trading de crypto-monnaies PROMOTION DE LANCEMENT : Plus que 3 copies disponibles au prix actuel ! Prix final : 3333,33 $ BONUS - ACHETEZ BITCOIN SCALPING À VIE ET OBTENEZ GRATUITEMENT EA EURUSD Algo Trading (2 comptes) => Demandez plus de détails en privé !!! SIGNAL EN DIRECT DE L'EA Version MT5 Pourquoi Bitcoin est important aujourd'hui Bitcoin est devenu plus qu'une simple monnaie numérique – c'est une révolution financi
XG Gold Robot MT4
Marzena Maria Szmit
4.52 (27)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Bitcoin Scalp Pro
Profalgo Limited
5 (3)
Promotion actuelle : Plus qu'un seul à 549$ Prix ​​final : 999$ NEW: Choose 1 EA for free! (for 2 trade account numbers) N'oubliez pas de jeter un coup d'œil à notre «   Ultimate EA Combo Package   » sur notre   blog promotionnel   !   LIVE SIGNAL Bitcoin Scalp Pro est un système de trading unique sur le marché.  Il se concentre entièrement sur l'exploitation de la volatilité du marché Bitcoin en négociant les cassures des niveaux de support et de résistance. L'EA se concentre sur la sécuri
Gemini Trump
Jingzhi Wang
Gemini Trump EA represents a sophisticated advancement in grid trading systems. Unlike traditional methods that rely on fitting the system to historical data, Gemini Trump EA is engineered to exploit existing market inefficiencies, leveraging authentic market dynamics to generate profit. Gemini boasts an impressive array of features designed for both convenience and performance. With its One Chart Setup, you can trade all supported symbols using a single chart, while its Multi-Currency Support s
Trend Line PRO EA mt4
Evgenii Aksenov
4.66 (44)
The Expert Advisor trades on the signals of the Trend Line PRO indicator. Orders are managed automatically. The EA has a Recovery function that increases the order size if the previous trade was closed with a loss. You can use from 1 to 3 orders at the same time. The Expert Advisor fully complies with the indicator signals and FIFO rules, does not use the grid function, which allows you to start trading with a minimum deposit of $100 The EA has a mobile trading panel for managing auto-trading f
Aurus Gold MT4
Dmitriq Evgenoeviz Ko
"Aurus Gold" is a program capable of automatically analyzing and trading on the currency market (Forex) without human intervention. This innovative tool for decisions on buying or selling currency pairs. The main task of Aurus Gold is to maximize profits and minimize risks for investors. It is capable of working around the clock, based on pre-set parameters and trading rules. The main advantages of using a currency robot include: 1. Automation of trading: The ability to carry out transa
Plus de l'auteur
MT4 To Telegram Signal Pro MT4 To Telegram Signal Pro allows you to broadcast your trades to a Telegram Channel or Group. Can be used to build, support and expand your own network of traders. A Group can have 200.000 members, A Channel can have an unlimited number of subscribers. The messages are send to Telegram in HTML5 format, which is the preferred language. Ability to broadcast newly opened trades, trades that were closed, and sending out status reports on set intervals. This EA also h
Chef Moving Power
Emmanuel Chukwudi Offor
Chef Moving Power Chef Moving Power brings to your door step the exact strategies the big companies, CTAs(Commodity Trading Advisors), trend followers or managed futures traders uses. its an Expert Advisor that utilizes the power of moving Average to its fullness. 80% of indicators and Expert Advisor carries Moving Average and therefore it has more control of price than any indicator in the market. Chef Moving Power brings 3 moving average strategy that suite your taste of trade , these strate
Chefs Super Trend Plus
Emmanuel Chukwudi Offor
Chefs Super Trend Plus advisor trades using the famous xsuper trend indicator. Its a trend following Expert Advisor and it executes trade when the trend changes, when breakout occurs, when correction happens and when pullback occurs. It implements many useful features like customizable trading sessions, multi-timeframe filters, Optional trend indicator filters like the CCI, Alligator and MACD. The unique thing about the Chefs Super Trend Plus is that it only moves in the direction of the trend
A top-quality from the famous XSuper Trend indicator. It is completely loyal to the original algorithm, and implements many useful features Which includes Trend Indicators as Filters like MACD,CCI and Alligator. The Chefs Super Trend Plus Indicator is a great way to identify the current market trend. The indicator shows a clear distinction between uptrends and downtrends. The indicators has optional filters for sound signal. Suitable for the following trending pairs: EUR/USD, GBP/USD, USD/JPY,
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Version 2.2 2021.03.04
Modify ability to record previous trade on grid
Version 2.0 2021.03.01
Ability to record previous trade