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NextBot EA

5

Limited time offer! For the launch of NextBot, which has been working on a real account for about a year doubling the initial capital, the price will increase by $30 every 10 copies sold, reaching the final price of $299! Take advantage of this unique opportunity to try this brand-new EA!

LIVE SIGNAL ON REAL ACCOUNT (A bot that shows a real-time signal is far more reliable than any backtest!)

The new version 3.0 of NextBot uses the ATR indicator to identify the ideal levels for take profit and stop loss, with a default ratio set at 4:1. This means that each trade will be opened with a take profit four times greater than the stop loss, ensuring a low level of risk and a profitable strategy in the long term, as confirmed by our backtests. N.B. New timeframe is M15.

----------------------- DESCRIPTION -----------------------

New type of EURUSD scalper EA based on Linear Regression, a primary category of machine learning.  This EA utilizes a news filter to screen economic news and pause trade for specific pair if impact news coming (news filter cannot be checked in the strategy tester, only real work).

It also uses an advanced trailing stop and a virtual take profit. Does not use martingale or grids, every order comes with a stop loss.

Linear regression in forex is a classic example of supervised learning. In supervised learning, an algorithm learns from a training dataset that contains both input variables (independent) and output variables (dependent).

The goal is to develop a model that can predict the trend of the dependent variable based on new instances of independent variables.

Let’s dive into the details:

Purpose of Linear Regression
Linear regression creates a model that correlates two variables using a set of data points.
In forex trading, the two variables of interest are time (X-axis) and price (Y-axis).
By observing historical data over a specific time period, we can identify trends and create the best-fitting line to predict future price movements.

Linear Regression Line
The linear regression line represents the trend direction.
Traders often view it as the fair value price for a currency pair in the future.
When prices deviate significantly from this line (either above or below), traders may expect prices to revert back toward the linear regression line.

Application
Traders use linear regression to make informed decisions, such as when to buy or sell a currency pair.
By substituting the value of time (X) into the regression equation, they can predict the corresponding price (Y) in the future.


----------------------- USAGE -----------------------

IMPORTANT: for a full support pls leave a message on comment tab after making a purchase

This EA utilizes an advanced news filter to limit the bot’s activity during critical economic news events! N.B. Disable news filter during backtesting in Strategy Tester.

The program works on the news of the economic calendar (with auto GMT shift) . It checks news calendar and pause trade for specific pair if impact news coming.In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools > Options > Expert Advisors. Check the option “Allow WebRequests for listed URL:“. Add these:  https://www.mql5.com and https: //ec.forexprostools.com (remove space after https:)

  • Currency / Timeframe: Attach the EA to the M15 chart on EURUSD
  • Use the default set and regularly withdraw profits from the account
  • Recommended VPS with low ping
  • Recommended minimum deposit - 600$ and Prime accounts with low commissions.  $600 is enough to use the bot on several currency pairs, as only one position will be open at a time.
  • Leverage - 1:300 or more
  • Recommended Zero spread account or Raw account
  • After purchasing the bot, leave a message on comment tab and subscribe to the channel for the latest news, updates, and tips : https://www.mql5.com/en/channels/nextbot


----------------------- FAQ -----------------------

- Would you explain me the Autolot function?

The autolot formula AccountFreeMargin() * 0.2 / 500 calculates the lot size based on the available free margin in the trading account. `0.1` represents the risk factor, which is typically set as a percentage of the available margin.  So, if the Free Margin is 1000$ and RiskFactor is set to 0.2, the lot will be 0.4 in the specified situation.

    Is it possible to use NexBot together with another EA?

        Yes, it is possible. NextBot uses a Magic number to manage orders, however, it is set to execute only one order at a time. It is therefore recommended to leave the Magic number unchanged for the currency pairs on which you will use NextBot. If you use different Magic numbers, make sure that there is always a minimum balance of $600 for each instance of NextBot.

          - Which "Max spread" setting is recommended for a standard account?

          We recommend using Raw/Zero spread accounts. However, on a standard account, it is advisable to set a maximum spread of 15 points, but it's more risky.


          리뷰 3
          jyck
          312
          jyck 2024.03.19 22:34 
           

          Sounds like a good strategy

          Bifrost
          741
          Bifrost 2024.03.16 18:37 
           

          Very good EA, Look at his signal.

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          Bogdan Ion Puscasu
          4.86 (128)
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          Cence Jk Oizeijoozzisa
          5 (2)
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          Lo Thi Mai Loan
          5 (6)
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          Soraya Bahlekeh
          Prop Hunter Pro EA는 HFT와 Scalping 을 포함하여 6개의 정교하게 개발된 전략을 갖춘 고급 Expert Advisor (EA)입니다. 이 중 세 가지 전략은 Prop 회사의 도전에 대응하기 위해 설계되었으며, 나머지 세 가지 전략은 개인 거래 계좌에서 사용할 수 있도록 설계되었습니다. 원래 가격   399$  —> 60% 할인 단독   $169 (4개 복사본 사용 가능 ) 실시간 작동을 보려면 아래 계좌 정보를 사용하여 MT4에 로그인하십시오: 계좌 번호: 12634479 | 비밀번호: PropHunterPro  | 서버: ICmarketsSC-Demo01 | 전략:  PassProp1-HFT 주요 기능 HFT 도전 과제를 위한 세 가지 전략:  Prop 회사의 도전을 효과적으로 통과할 수 있도록 설계된 세 가지 전략, 낮은 드로우다운과 스톱 로스를 갖추고 있습니다. 개인 및 자금 지원 계좌를 위한 세 가지 전략: 나머지 세 가지 전략은 실
          AI NeuroX EA MT4
          Denis Kurnev
          5 (5)
          AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
          TopBottomEA
          lizhi fu
          4.61 (41)
          TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
          Diamond PRO
          Fanur Galamov
          4.85 (20)
          Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
          Ai Hybrid Robot MT4
          Mansour Babasafary
          5 (3)
          Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
          제작자의 제품 더 보기
          Grid Girl EA
          Luca Cerquatelli
          5 (1)
          LIVE SIGNAL ON REAL ACCOUNT  (A  bot that shows a real-time signal is far more reliable than any backtest!) Limited time offer!   For the launch of   Grid Girl EA   the price will be FREE until October 2024!  Take advantage of this unique opportunity to try this brand-new EA! Grid Girl is our unique bot based on a  " smart grid"   that activates only in particular market conditions.  The smart grid is not fixed like in most EAs, but it changes based on economic news and volatility indicators .
          FREE
          Grid Girl Pro EA
          Luca Cerquatelli
          Limited time offer! For the launch of Grid Girl Pro EA,   the price will increase by $30 every 10 copies sold, reaching the final price of $499!  Take advantage of this unique opportunity to try this brand-new EA! Grid Girl  PRO  is our unique bot based on a  " smart grid"   that activates only in particular market conditions.  The smart grid is not fixed like in most EAs, but it changes based on economic news and volatility indicators .   The expert advisor exploits multiple indicators, includ
          SwingBot EA
          Luca Cerquatelli
          Limited time offer! For the launch of SwingBot,   the price will increase by $30 every 10 copies sold, reaching the final price of $299!  Take advantage of this unique opportunity to try this brand-new EA! ----------------------- DESCRIPTION ----------------------- SwingBot is a new Exper Advisors   that attempts to capture short-term gains over a period of a few minutes to several hours. SwingBOT EA primarily use technical analysis to look for trading opportunities, using multiple indicators l
          Limited time offer! For the launch of NextBot , which has been   working on a real account   for about a year doubling the initial capital, the price of this indicator will drop to FREE ! Introducing a pragmatic and innovative tool for MetaTrader 4 (MT4) traders: the Linear Regression Next channel indicator, enhanced with the determination coefficient  R 2 . This indicator serves as a foundational tool for traders seeking to understand market trends through the lens of statistical analysis, spe
          FREE
          필터:
          jyck
          312
          jyck 2024.03.19 22:34 
           

          Sounds like a good strategy

          Bifrost
          741
          Bifrost 2024.03.16 18:37 
           

          Very good EA, Look at his signal.

          wandazamb
          67
          wandazamb 2024.03.09 12:28 
           

          사용자가 평가에 대한 코멘트를 남기지 않았습니다

          리뷰 답변
          버전 3.0 2024.08.11
          The new version 3.0 of NextBot uses the ATR indicator to identify the ideal levels for take profit and stop loss, with a default ratio set at 4:1. This means that each trade will be opened with a take profit four times greater than the stop loss, ensuring a low level of risk and a profitable strategy in the long term, as confirmed by our backtests.
          버전 2.9 2024.06.27
          Add second News Filter service: Click Tools > Options > Expert Advisors. Check the option “Allow WebRequests for listed URL:“. Add these: https://www.mql5.com and https: //ec.forexprostools.com (remove space after https:)
          버전 2.8 2024.06.25
          News Filter service minor patch. The new URL is www.mql5.com. Check the option "Allow WebRequests for listed URL:" and add https://www.mql5.com
          버전 2.7 2024.06.24
          Fixed the News Filter service, the new URL is www.mql5.com. Check the option "Allow WebRequests for listed URL:" and add https://www.mql5.com
          This new version has an improved News filter that only activates under conditions of very high volatility.
          버전 2.6 2024.06.23
          Fixed the News Filter service, the new URL is www.mql5.com. Check the option "Allow WebRequests for listed URL:" and add https://www.mql5.com
          This new version has an improved News filter that only activates under conditions of very high volatility.
          버전 2.5 2024.03.13
          The Linear Regression indicator has been incorporated, now the bot operates without the need for external indicators. Download the new settings on the blog: https://www.mql5.com/en/blogs/post/756442
          버전 2.4 2024.03.11
          - Added customizable magic number. Read the bot FAQ
          버전 2.3 2024.03.10
          Fixed "Linear regression indicator" path
          버전 2.2 2024.03.05
          Fixed news filter error
          버전 2.1 2024.03.04
          Improved interface