Code name Markov
- Experts
- Oto Musinsky
- 버전: 1.0
- 활성화: 5
Presenting our ground-breaking MQL5 Expert Advisor (EA) You can easily manage up to five pairs at once with this EA, all while keeping an eye on your account balance and profit/risk ratio. The foundation of this amazing tool is our tried-and-true approach, which was carefully created and tested between January 1, 2014, and October 30, 2023 (details in line).
Two key indicators are at the center of our plan. The first one, which is based on the Markov principle, makes use of a set of nearby values across a predetermined time frame. Making informed decisions is ensured by this indicator, which establishes the trade initiation and setting up the take profit values. The second indicator is a moving average, which successfully guides your trades by illustrating the trend direction.
As our support strategy, we've included pyramidal trading with a multiplier. By reducing losses from unsuccessful transactions, this strategy protects your capital.
Our EA is unique because of how flexible it is and how much account diversity it allows. With the appropriate risk management, you may mix and match different pairings (up to 5 different pairs at the same time) to get amazing results. Customize your trading strategy by establishing pairings one at a time or try out single-pair multi-timeframe trading. With the help of our Dynamic Stop Loss function, you can tailor solutions to your degree of risk tolerance, giving you unprecedented control.
As our support strategy, we've included pyramidal trading with a multiplier. By reducing losses from unsuccessful transactions, this strategy protects your capital.
Our EA is unique because of how flexible it is and how much account diversity it allows. With the appropriate risk management, you may mix and match different pairings to get amazing results. Customize your trading strategy by establishing pairings one at a time or try out single-pair multi-timeframe trading. With the help of our Dynamic Stop Loss function, you can tailor solutions to your degree of risk tolerance, giving you unprecedented control.
List of input variables you can use:
o General:
- TP: Take profit is set up automatically with the Markov indicator.
- SL: Stop Loss settings.
- On Open trades multiplicator: Entry multiplicator for pyramidal trading.
- Main Profit multip: Profit setup multiplicator.
- Golden ratio multiplicator: Synchronization for On Open trades and Main Profit while the balance is growing.
- Profit main definition: Minimum profit definition.
- Dynamic SL ON/OFF: Dynamic SL switch.
- SL Trigger in points: SL trigger.
- SL Move in points: SL move.
o Pair settings:
- Pair selection: Pair selection.
PS: Make sure you use the correct pair name syntax in your variables, as you do with your broker account. Pair name syntax can vary from broker to broker (it's a most common issue).
- Enter Time Frame: Pair trading time frame.
- Markov Time Frame: Markov indicator time frame.
- openLow: Trade entry start for specified pair >= openLow.
As you can use multiple pairs or timeframes you can define after how many open trades you can open further deals or limit the further trades opening.
- openHigh: Trade entry limit for specified pair <= openHigh.
- MA Time Frame: Moving average time frame.
- MA Method: Moving average method.
- MA Frame: Moving average period.
Testing was performed with following settings:
o Platform: Meta Trader 5
o Broker: admiralmarkets
o Account currency: EUR
o Account type - Zero (Professional)
o Leverage: 1:200
o Minimum deposit: 10 000 EUR
o Back test method: Every tick based on real ticks
o Delay: 5-50ms
o Pair: EURUSD-Z
o Tested period: 01/01/2014 – 30/10/2023
We will provide you with the setting file using privat message, feel free to contact us. Or you can find the setting in line.
IMPORTANT: If you are using different settings or a different broker the results may be different. We don’t take any responsibility for financial damage.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss more than your initial investment. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Trading is not a game, it’s art!
Backtest settings:
Inputs: | = | ||||||||||||
= | |||||||||||||
sl_val=4500 | |||||||||||||
= | |||||||||||||
onOpen=0.6 | |||||||||||||
profitM=8 | |||||||||||||
golden_ratio=0.25 | |||||||||||||
profit_def=7 | |||||||||||||
= | |||||||||||||
SL_Trailing_ON=true | |||||||||||||
TslTriggerPoints=290 | |||||||||||||
TslPoints=35 | |||||||||||||
= | |||||||||||||
pair1=EURUSD-Z => Note that the Pair syntax can be different based on broker you use for bactesting | |||||||||||||
Timeframe1=5 | |||||||||||||
MTimeframe1=5 | |||||||||||||
open1_1=0 | |||||||||||||
open1_2=25 | |||||||||||||
MA1TF=32769 | |||||||||||||
MA1_Method=1 | |||||||||||||
MA1Frame=12 | |||||||||||||
= | |||||||||||||
pair2=EURUSD-Z | |||||||||||||
Timeframe2=4 | |||||||||||||
MTimeframe2=4 | |||||||||||||
open2_1=0 | |||||||||||||
open2_2=11 | |||||||||||||
MA2TF=32769 | |||||||||||||
MA2_Method=2 | |||||||||||||
MA2Frame=3 | |||||||||||||
= | |||||||||||||
pair3=EURUSD-Z | |||||||||||||
Timeframe3=3 | |||||||||||||
MTimeframe3=3 | |||||||||||||
open3_1=0 | |||||||||||||
open3_2=5 | |||||||||||||
MA3TF=32769 | |||||||||||||
MA3_Method=2 | |||||||||||||
MA3Frame=27 | |||||||||||||
= | |||||||||||||
pair4=EURUSD-Z | |||||||||||||
Timeframe4=1 | |||||||||||||
MTimeframe4=2 | |||||||||||||
open4_1=0 | |||||||||||||
open4_2=16 | |||||||||||||
MA4TF=32769 | |||||||||||||
MA4_Method=0 | |||||||||||||
MA4Frame=9 | |||||||||||||
= | |||||||||||||
pair5=EURUSD-Z | |||||||||||||
Timeframe5=1 | |||||||||||||
MTimeframe5=1 | |||||||||||||
open5_1=10 | |||||||||||||
open5_2=22 | |||||||||||||
MA5TF=32769 | |||||||||||||
MA5_Method=0 | |||||||||||||
MA5Frame=7 | |||||||||||||
Company: | Admiral Markets Group AS | ||||||||||||
Currency: | EUR | ||||||||||||
Initial Deposit: | 10 000.00 | ||||||||||||
Leverage: | 1:200 |