Recruitment of participants Euro Raider

Euro Raider MT5+MT4
V1.0

***PROMOTIONAL OFFER FOR A LIMITED TIME ONLY (NEXT PRICE: $999)***
Real Account Live Signal: https://www.mql5.com/en/signals/1746243

Euro Raider is a unique Trend-following/Mean Reversion combination based Expert Advisor that enters the market on trend retracements (pullbacks) and exits once the direction of the trend resumes.

Every position has a Stop Loss and Take Profit, which is adjustable - along with optional grid positions (averaging).

I created this EA with Low Drawdown in mind, which is demonstrated in both Backtesting and the Real Account Live Signal.

I recommend it to be used on EURUSD with the Default Settings on the M5 Timeframe.


Inputs Breakdown

Risk Management

• Fixed Lots: The fixed amount of lots to be used per position
• Use Account Balance Percentage Instead? (based on Stop Loss): An option to use a percentage of the account balance instead of fixed lots. The trading volume will depend on your account size and Stop Loss placement
• Percent Risk per Initial Position (Excluding Grid Positions): The percentage amount that you want to risk on the initial position. If using grid positions, the additional positions will be opened with the same volume as the initial position (No Martingale)
• Stop Loss (in Pips): The amount of pips in drawdown you are willing to take before the trade is automatically closed
• Take Profit (in Pips): The amount of profitable pips you would like to secure automatically
• Use Equity Protection?: An option to automatically exit trades and no longer open new trades once the account equity drops to a specified level
• Equity Stop Out Level (in Account Currency): The Equity amount in which you would like the Equity Protection feature to be activated

Grid Settings (Optional)

• Max Positions (Initial Lot Vol Applied to Grid Positions): The maximum amount of positions you would like to be opened at any one time. 1 Position means no Grid (or Averaging) is used
• Grid Step (in Pips): The amount of pips in drawdown in which you would like the next position to be opened when using Grid positions (or Averaging). NOTE! This figure should be negative (i.e. "-17.5"). A positive figure (i.e. 17.5) would result in "scale-in" positions when using more than 1 Max Position!

Trading Times

• Time to Start Entries (Server Time): The MetaTrader Terminal time in which you would like the EA to start looking for entries
• Time to Stop Entries (Server Time): The MetaTrader Terminal time in which you would like the EA to stop looking for entries
• Close Trades Daily?: An option to close trades each day at a specified time
• Daily Close Time: The time in which you would like the EA to close trades each day

Trading Days

• Trade Monday?: An option to allow/disallow trading on Mondays
• etc: ...and so on...

Other

• Magic Number: The ID number for the EA to be used when multiple EAs are running

dll msimg32

 

***PROMOTIONAL OFFER FOR THE NEXT 24 HOURS ONLY (STANDARD PRICE: $1,000)***
MT4 and MT5 60 USD

 

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