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Prisma EA

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 more suitable for some currency pairs and less suitable for others.

Recommended currency pair:

EURUSD H4

Prisma trades 24 hours a day, from Sunday evening to Friday, when it constantly opens specific trading positions, which it then closes in the area of the most favorable midpoint to achieve positive results at the end of the trade.

It allows for long term low risk trading which is what it was primarily developed for, but is able to be very aggressive in trading if required.

So the setup is really for everyone to choose from according to their own priorities. Prisma can, under certain conditions, run on multiple currency pairs simultaneously in a single trading account using common trading capital to increase its overall performance.

Advanced programming and a considerable amount of ideas have been implemented in the trading system, which makes Prisma exceptional, durable and capable of achieving long-term and stable results.

Settings:

Initial Lot Size: set 0.01 for every EUR 10.000 deposit. For a deposit of EUR 20,000, the value is 0.02

Target (%) of Traded Lots: with respect to the number of open trades, the investment target expressed as a percentage. We recommend not to change

Margin Level (%):  When using a higher trading leverage than 1:30, the Margin Level should be set as follows: 

Leverage : 20 = x; x * 2000 = Margin Level

Example for a trading account with leverage 1:300 => 300 : 20 = 15 ; 15 * 2000 = 30000 Here we set the Margin Level value to 30000

Example for a trading account with leverage 1:500 => 500 : 20 = 25 ; 25 * 2000 = 50000 Here we set the Margin Level value to 50000

Trade Comment: option to rename the robot name so that the broker does not recognize it

Max Loss (%): the percentage of the maximum loss. When this value is reached, the robot will shut itself down and stop trading

Max Spread (pips): the value of the maximum spread the EA can trade


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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
Benefit EA
Vsevolod Merzlov
Benefit EA is a non-indicative flexible grid adviser with special entry points that provide a statistical advantage, revealed through the mathematical modeling of market patterns. The EA does not use stop loss. All trades are closed by take profit or trailing stop. It is possible to plan the lot increments. The "Time Filter" function is set according to the internal time of the terminal as per the displayed time of the instrument's server, not the operating system (can match). This function allo
This Expert Advisor uses 7 indicators and many different mechanisms that control the trading process. To receive a signal, the robot analyzes the indicators of Parabolic SAR, MACD, MA, Envelopes, CCI, RSI, Alligator. Each order is supported by a double grid (with and against a trend order). The recommended deposit is from $ 4000 - on a dollar account, or 4000 cents on a cent account. You need to trade on timeframes from H1, where the trend / flat and pullbacks are better traced. Write to me afte
Smart Advisor Calculation is designed for a very interesting method that is able finally to give the martingale a new positive way! At startup the Expert Advisor sets virtual orders and trades like the real deal. As soon as the drawdown of virtual orders reaches the set number, the robot immediately enters the market for real orders! Thus the price is going without setbacks such as 30-70 pips, with great probability will kick back at the entrance to the market! This is used by a robot! If the pr
Octopus Stability
Aleksandr Shurgin
After a thorough work and search for the optimal values of each of the Expert Advisor's parameters, the most stable settings of the algorithms have been selected, which do not require over large history periods. The robot uses a universal trading strategy, allowing the use of the currency pairs EURUSD, GBPUSD, USDCHF, USDJPY and other pairs with low spread. The EA trades on a 5-minute timeframe , it uses levels defined automatically on the bases of multiple parallel price movement calculation me
Forebot
Marek Kvarda
This robot uses a custom hidden oscillating indicator and also analyzes the market response. It traded mostly at the time of higher volatility. It works with several pending orders with different size of volume and their position actively modifies. It uses advanced money management. TradingMode setting can also meet the conditions FIFO. It is successful in different markets and different timeframes. Best results are achieves with a broker with the spread to 5 points on EURUSD. Is necessary a b
Avato
Nikolaos Bekos
The Avato is one of our standalone tools. (A Signal based on it will also be provided on Mt4 Market in the future). It is designed around a combined form of hedging and martingale techniques and uses sophisticated algorithms and filters to place the trades. It uses Stop loss and Take profit levels while Lot size is calculated automatically following the according multiplier settings. We consider it a toolbox for every seasoned trader. Made with Gold market in mind, it can be tested in other inst
AreaFiftyOne
Valeri Balachnin
Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  If you want, that your manual opened positions will be handled by the EA, so you
Note : the spread value,  the broker's slippage and the VPS speed affect the Expert Advisor trading results. Recommendations: gold with spread up to 3, USDJPY with spread up to 1.7, EURUSD with spread up to 1.5. Results will be better with better conditions. The Ping value between VPS and the broker server should be below 10 ms. In addition, the smaller the broker's stop-level requirement, the better; 0 is the best. The Expert Advisor is based on a breakthrough system and carefully controls all
Milch Cow Extra
Mohamed Nasseem
EA is primarily a Hedging and Multiples Strategy. It support to seize every opportunity in any direction as MILCH COW MIX but with multiple profit results without increasing the risk. Milch Cow Mix EA starts to open Hedge at first level only But EA opens Hedge at every level Not just opens the deals, but chooses the right time to close the open positions to begin trading again. We recommend the use of an expert with a pair of high volatility for the currency, such as GBPAUD, AUDCAD Experts inter
Milch Cow Turbo
Mohamed Nasseem
MILCH COW Turbo EA is primarily a multi-currency strategy. It supports 9 or 10 pairs as collection of currencies (GBPJPY, GBPUSD, EURCHF,EURGBP, EURJPY, EURUSD, USDCAD, USDCHF, USDJPY). If you choose Trade_Calc = false, only one pair is turned on. The EA depends on a special indicator to set Buy stop, Buy limit, Sell stop and Sell limit orders Note: If enabled Pendingorders = false, the EA will use the prices shown on the chart in live orders (buy and sell). In this case, the EA uses stop loss a
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Version 1.8 2022.02.18
Limited closing of hedge positions on high spread situations.
Allowed trading during news.
Version 1.7 2021.10.18
Added:

1.3.: Trailing stop-loss in USD
1.4: Max spread on new trades
1.5. Max spread when closing positions
1.6. Added option to stop trading after a series of profitable trades. Ideal if you want to withdraw money or change your setup
1.7. New news server for reading fundamental news
Version 1.2 2021.07.22
Fixed typo in settings
Version 1.1 2021.07.22
Improved security mode for the case of drawdown