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EA Red Vision MT5

The Expert Advisor uses two strategies based on indicators: Moving Average, Envelopes, Commodity Channel Index, Average True Range.Trading takes place according to certain trend patterns (patterns of the price market), the adviser searches for a signal pattern and opens an order, then an order for averaging the first order can be opened. If the first order is closed at a loss, then the EA will open the second order with an increased lot. The adviser also uses economic news to achieve more accurate signals.

Hidden Take profit, Breakeven and Trailing stop are used.

Attention! This EA is only for "hedging" accounts.

Requirements and recommendations

  • The EA is attached to only one chart (any of the working pairs) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies.
  • The recommended balance for safe long-term trading (when used on recommended pairs and timeframes) is $ 3000 or $ 30 on a cent account.
  • Leverage from 1:500 and more.
  • Safe trading requires a minimum lot 0.01. Check your broker to support a minimum lot 0.01.
  • Required account with Hedging support.
  • Broker Broker with five-digit and three-digit quotes.
  • EA requires a standard VPS server.
  • EA requires RAM: 2000 MB.
  • The EA does not work on the account: "JPY","RUB".
  • If you use several advisors on the same account, make sure that all the advisors have different Magic numbers. 
  • Set file.

For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add https://ec.forexprostools.comhttps://world-time-zone1.com and click OK.

For the strategy tester: the EA provides integrated data on economic news from 2010.01.01 to 2020.04.01.

You can test the EA on a multi-currency strategy tester and see the full operation of all pairs.

  • Multi_Currency_BackTest - if set to true, a multi-currency tester is used.
When using the multi-currency tester, select the M5 timeframe.

The robot does not require all ticks in history. For quick test, use:

  • Tick simulation methods:
    • M1 OHLC (simulation of 1-minute bars, OHLC prices).
    Pairs and timeframe

    1. EURUSD / M5.
    2. GBPUSD / M5.
    3. GBPJPY / M5.
    4. USDCHF / M5.
    5. USDJPY / M5.
    6. AUDUSD / M5.
    7. GBPAUD / M5.
    8. USDCAD / M5.
    9. GBPCAD / M5.
    10. EURAUD / M5.
    11. EURCAD / M5.
    12. EURGBP / M5.
    13. EURJPY / M5.
    14. GBPCHF / M5.
    15. NZDUSD / M5.
    16. GBPNZD / M5.
    17. EURCHF / M5.
    18. AUDCAD / M5.
    19. NZDCAD / M5.
    20. NZDJPY / M5.
    21. CHFJPY / M5.
    22. CADJPY / M5.
    23. AUDNZD / M5.
    24. EURNZD / M5.


      Parameters

      • EURUSD - true, use EURUSD;
      • ...
      • EURJPY true, use EURJPY;
      • Magic_Start - ID of EA's trades.
      • Magic_Finish - ID of EA's trades.
      • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
      • Custom_Risk - if true, the lot size increases when account balance grows (risk management);
        • User_Balance - user-defined balance;
        • Add_to_User_Balance % - Add to User_Balance for a smooth transition to a new lot.
        • Lot on every - lot size per User_Balance;
        • Fixed_Lot - fixed lot (if Custom_Risk is false);
        • Order Type - trading direction;
        • Order Comment - comments to orders;
        • Slippage - allowed slippage;
        • Show_Info_Panel - use the information panel (false - faster backtest);
        • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
        • Multi_Currency_BackTest:
          • true - use the multi-currency tester;
          • false - use the current currency and timeframe;
        • Max Spread - maximum spread;
        • Economic news filter:
          • Select http or https - select Protocol to download economic news;
            • http 
            • https 
        • Trading within the week:
          • Monday - trade on Monday;
          • ...
          • Friday - trade on Friday.
        • Time trading within a day:
            • Use time - if true, the EA trades by time;
            • GMT setting - GMT settings;
              • GMT Auto ( only for real ) - automatic detection of the GMT shift (not for a tester);
              • GMT Mode - manual setting;
              • GMT_mode - GMT offset of the broker server time (0 - disabled);
            • Every_Day_Start - operation start time (hh:mm);
            • Every_Day_End - operation end time (hh:mm).
          • Time to disable on Friday:
            • Use time - if true, the EA trades by time;
            • Disable_in_Friday - operation end time on Friday (hh:mm).


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          Marzena Maria Szmit
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          Arseny Potyekhin
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          Marco Solito
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          Profalgo Limited
          4.28 (74)
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          Profalgo Limited
          4.27 (33)
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          Abdul Jalil Mridah
          4.33 (3)
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          Stanislav Tomilov
          5 (3)
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          Smart Breakout Indicator determines support and resistance levels and also shows the breakout points of the levels in the form of a histogram. The program contains two indicators in one: 1-support and resistance lines, 2-histogram indicator based on high price fluctuations. The indicator autonomously calculates the best support and resistance levels and also in the form of a histogram shows the best moments of the breakdown of the lines. The histogram indicator is based on the action of p
          Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arbi
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          Ruslan Pishun
          5 (1)
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          Ruslan Pishun
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          The Trend modified indicator draws trend lines with adjustable trend width, with trend breakout settings and notifications of trend breakout (Alert, Sound, Email) and of a new appeared arrow. Arrows point at the direction of the order to open (BUY, SELL). Parameters User Bars - the number of bars for calculations. Depth (0 = automatic settings) - Search area (0 = automatic adjustment). width trend ( 0 = automatic settings) - Trend width (0 = automatic adjustment). (true = closed bars on direct
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          Ruslan Pishun
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          Ruslan Pishun
          5 (1)
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          Two Dragon is an advanced indicator for identifying trends, which uses complex mathematical algorithms. It works in any timeframe and symbol. Indicator is designed with the possibility to customize all the parameters according to your requirements. Any feature can be enabled or disabled. When a Buy / Sell trend changes the indicator will notify using notification: Alert, Sound signal, Email, Push. МetaТrader 5 version:  https://www.mql5.com/en/market/product/14906   Parameters Max_Bars_History —
          EA Red Dragon
          Ruslan Pishun
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          Neon System N1 PRO is along-term system containing 10 different strategies. Each strategy includes multiple indicators, the system is designed for real trading. The system uses 50 standard indicators, the robot contains 10 strategies. This system is not for those "who want everything at once." This system assumes a professional long-term trading on the Forex market. The robot has been tested in a special tester on real ticks. It uses an adaptive trailing stop algorithm. The EA uses a system of c
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          Ruslan Pishun
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          The EA Gideon is an Expert Advisor that trades ON NEWS and ON EVENTS that have a strong influence on the market, but do not occur regularly! That is the EA opens Sell Stop and Buy Stop pending orders in case of a sudden price change in any direction and closes them automatically with the profit that you wish. And we all know how often the price changes when a "successful" news appears, how far it can go up or down. Also, this robot protects your deposit by placing SL with customizable parameters
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          Sürüm 1.95 2020.05.07
          Changed the time download site to configure Auto GMT.

          For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add

          https://ec.forexprostools.com
          https://world-time-zone1.com

          and click OK.
          Sürüm 1.94 2020.02.12
          Fixed minor bugs.
          Sürüm 1.93 2020.01.07
          Fixed a bug with GMT.
          Sürüm 1.92 2019.11.27
          Added 4 new pairs.
          Sürüm 1.91 2019.11.15
          1) Added 6 new pairs.
          2) Fixed minor bugs.