EuroSurge MT4
- Experts
- Bernard Petrus Le Roux
- 버전: 2.4
- 업데이트됨: 15 8월 2024
- 활성화: 10
EuroSurge EA - Prop Firm Ready! Version 2.4
Key Features:
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Prop Firm Ready: Designed to meet the stringent requirements of prop trading firms, ensuring compliance with their risk management rules.
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Multiple Trade Strategies: Choose between Indicator Strategy and PullBack Breakout, allowing you to run multiple strategies simultaneously to diversify and spread risk.
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Customizable Trade Direction: Control your trade direction with options to trade Buy Only, Sell Only, or Both directions, ensuring alignment with the current market trend.
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Advanced Risk Management: Includes customizable stop loss and take profit features with multiple calculation methods to maximize each trade's potential while minimizing risk.
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Automated Adaptation: Automatically adjusts trade frequency, lot size, and risk settings based on account size and maximum allowed drawdown, making it ideal for prop firms and individual traders alike.
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Robust Backtesting: Demonstrates stable growth with controlled drawdowns and rapid recoveries, stress-tested across various brokers and time periods.
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No Grid, No Martingale: Safe trading without risky strategies, prioritizing long-term growth and capital preservation.
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Transparency: Regular parameter updates to adapt to the latest market conditions, ensuring continued effectiveness.
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Not Spread Sensitive: Due to larger TP and SL values, EuroSurge EA can be used with any broker as long as they support MT4.
Suggested Brokers:
- ICMarkets
- Nord FX
- Fusion Markets
Product Description:
Welcome to EuroSurge EA, the ultimate trading solution for serious traders and prop firms. EuroSurge EA combines sophisticated trend-following strategies with dynamic indicators to ensure optimal trade entries. This expert advisor operates specifically on the EURUSD currency pair using a 5-minute timeframe, optimizing trades for maximum profitability with precise execution.
EuroSurge EA v2.4 is built to prioritize quality over quantity, ensuring that trades are only placed when the conditions are ideal. The EA can go days without opening a position, focusing on the highest probability setups rather than frequent trades. With its customizable strategy settings, advanced risk management options, and adaptive trading features, EuroSurge EA v2.4 provides a robust and reliable solution for both individual traders and prop firms.
Important Note: The maximum drawdown and daily stop loss settings cannot be accurately backtested as they rely on real-time data. Additionally, beta features such as ATR-based dynamic TP/SL, support and resistance levels for TP/SL, and partial take profit are still under development and should be used cautiously in live trading. These features are available for testing and feedback but are not recommended for live trading without thorough testing.
Minimum Starting Capital: The recommended minimum starting capital for using EuroSurge EA is $300 to ensure effective operation and proper risk management.
Backtesting:
- Historical Data: Optimized using data since 2020 to reflect current market conditions. Earlier data were excluded due to different market dynamics.
- Regular Updates: Parameters are regularly updated to meet the latest market conditions, ensuring continued effectiveness.
- Timeframe: The EA is optimized for the 5-minute timeframe.
Setup:
- Run on EURUSD M5 Chart: The EA is designed specifically for the EURUSD pair on a 5-minute timeframe.
- Set Your Trade Preferences: Customize trade frequency, strategy type, and risk parameters according to your preferences.
- Automated Adjustments: The EA will automatically adjust settings based on your account balance, selected strategy, and risk tolerance.
Parameters Explained:
Strategy Settings:
- Strategy Type: Choose between Indicator Strategy (default) or PullBack Breakout strategy for optimal market entries.
- Lookback Period: Set the lookback period for calculating support/resistance levels.
Trade Direction Settings:
- Trade Direction: Choose between Buy Only, Sell Only, or Both directions.
Money Management:
- Trade Size Type: Select from the following risk settings:
- Recommended: Balanced risk setting (0.5% trade risk).
- LowRiskPropFirm: Lower risk, suitable for prop firms (0.2% trade risk).
- HighRisk1: Higher risk (1% trade risk).
- HighRisk2: Highest risk (1.5% trade risk).
- FixedLotSize: Use a fixed lot size specified by the user.
- Percentage: Calculate lot size based on a percentage of the account balance or equity.
- Fixed Lot Size: Lot size to use when FixedLotSize is selected.
- Trade Size Percent: Percentage of balance or equity for trade size when Percentage is selected.
- Max Open Trades: Set the maximum number of open trades at any time (0 to disable).
- Allow Hedging: Toggle to allow hedging.
- Magic Number: Unique identifier for the EA's trades.
Take Profit and Stop Loss Settings:
- TP/SL Calculation Method: Choose between FixedPips, ATR, SupportResistance, or Resistance Level-Based methods.
- TP Multiplier: Multiplier for take profit in fixed pips.
- SL Multiplier: Multiplier for stop loss in fixed pips.
- ATR Period: Period for ATR calculation.
- ATR Multiplier: Multiplier for ATR-based TP and SL.
- Use Daily Stop Loss: Toggle daily stop loss.
- Daily Stop Loss Percent: Set the daily stop loss percentage.
- Use Partial TP: Toggle partial take profit.
- Partial TP Percent: Percentage of position to close at partial TP.
- Partial TP Level: Partial TP level in multipliers.
- Use Max Drawdown: Toggle maximum drawdown.
- Max Drawdown Percent: Set the maximum drawdown percentage.
Trailing Stop Settings:
- Use Trailing Stop: Toggle trailing stop on/off.
- Trailing Stop Mode: Choose between Trailing Stop or BreakEvenStop.
- Trailing Stop Points: Set the trailing stop or break-even stop in points.
Trade Timing:
- Min Trade Interval: Set the minimum interval between trades in minutes.
Indicator Settings:
- UseMA: Toggle Moving Average on/off.
- UseRSI: Toggle RSI on/off.
- UseMACD: Toggle MACD on/off.
- UseBollingerBands: Toggle Bollinger Bands on/off.
- UseStochastic: Toggle Stochastic on/off.
- UseLWMA: Toggle LWMA on/off.
- UseLWMAFilter: Use LWMA as a filter.
MA Inputs:
- MA Period: Set the Moving Average period.
RSI Inputs:
- RSI Period: Set the RSI period.
- RSI Overbought: Set the RSI overbought level.
- RSI Oversold: Set the RSI oversold level.
MACD Inputs:
- MACD Fast EMA: Set the MACD fast EMA period.
- MACD Slow EMA: Set the MACD slow EMA period.
- MACD Signal SMA: Set the MACD signal SMA period.
Bollinger Bands Inputs:
- Bollinger Bands Period: Set the Bollinger Bands period.
- Bollinger Bands Deviation: Set the Bollinger Bands deviation.
Stochastic Inputs:
- Stochastic K: Set the Stochastic %K period.
- Stochastic D: Set the Stochastic %D period.
- Stochastic Slowing: Set the Stochastic slowing.
LWMA Inputs:
- LWMA Period Fast: Set the LWMA fast period.
- LWMA Period Slow: Set the LWMA slow period.
Chart Color:
- Chart Color: Customize the chart background color to your preference.
Risk Management: EuroSurge EA ensures each trade is executed with stop loss and take profit levels to safeguard your investments. Additionally, it features daily stop loss and maximum drawdown protection to protect your capital from significant losses. The EA dynamically adapts to your account size and drawdown settings, providing a balance between risk and reward.
Contact and Support: For any queries or setup assistance, please contact us directly. We are committed to ensuring your success with the EuroSurge EA. Message us after purchase (please provide proof of purchase) and join our dedicated Telegram group where you can ask questions, get setup assistance, and provide feedback for further development.
Backtest results very good. Now in demo mode. I'm curious to see if the results are right.