- October 7, 2019
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Ultimatum Breakout - this buying and selling system makes use of the technique of legitimate breakouts, utilizing a number of customized indicators for eliminating unhealthy alerts.
The EA makes use of a really small SL so the account is at all times shielded from fairness drawdown with a really low danger-per-commerce.
The EA is totally tailored: calculates the unfold — for pending orders, cease loss, trailing cease, breakeven.
It was backtested and optimized utilizing actual ticks with 99,9% high quality. It has efficiently accomplished stress testing.
- No Martingale.
- No arbitrage.
- No different dangerous methods.
- No scalping.
Monitoring: https://www.mql5.com/en/alerts/writer/profi_mql
The EA is optimized for EURUSD H1 solely.
МetaТrader 5 model: https://www.mql5.com/en/market/product/41476
Necessities and Suggestions
- Earlier than utilizing on a reside account, check the EA with minimal danger.
- Low spreads + low fee + prime quality execution are vital when selecting a dealer to commerce.
- Use VPS server with minimal community latency to the dealer's server.
Parameters
- Show_Info_Panel — Data panel. (on the worth false - Hastens the testing within the technique tester).
- Magic — Trades identifier.
- Order_Comment — Feedback to the order.
- Slippage — Allowed slippage earlier than an order triggers.
- Max_Spread — Most Unfold allowed earlier than pending order is triggered.
- Adaptive_Spread_for_trade — On the worth 'true' the unfold is added to trailing cease and cease loss.
- Order_Type — buying and selling route.
- Fixed_Lot — Fastened lot ( if "Use_Risk_MM" = false ).
- Use_Risk_MM — On the worth 'true' the lot dimension will increase because the account steadiness grows.( Threat Administration ).
- Percentage_Risk — Improve the lot dimension primarily based on steadiness.( Threat Administration % ).
- Take_Profit — Take revenue degree in factors.
- Stop_Loss — Cease loss in factors.
- Use_Smart_StopLoss— On the worth 'true' the cease loss is adjusted in line with the worth motion.
- Smart_StopLoss — Step of the sensible cease loss.
- Use_Break_Even — If that is true Cease loss worth might be moved to breakeven when worth is above goal factors.
- Breakeven_Target_PipsInp — When worth is above this worth breakeven might be triggered.
- Breakeven_Jump_PipsInp — Cease loss might be moved utilizing this worth to breakeven.
- Use_Trailing — If that is true, revenue might be protected with trailing cease.
- Trailing_Stop — Trailing factors, when the place is in revenue.
- Trailing_Step — Trailing step, when the place is in revenue.
Buying and selling by time inside the day:
- Use time — If 'true' buying and selling might be carried out by time.
- Time_Setting — Server time or pc time.
- GMT_mode = GMT offset of the dealer server time; ( 0 - not used ).
- Every_Day_Start — Operation begin time (hh:mm).
- Every_Day_End — Operation finish time (hh:mm).
Operation finish time on Friday:
- Use time — If true buying and selling might be carried out by time.
- Time_Setting — Server time or pc time.
- GMT_mode = GMT offset of the dealer server time; ( 0 - not used ).
- Disable_in_Friday — Operation finish time on Friday (hh:mm).
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