Expert Advisor TIME Is MONEY MT5

Buy TIME Is MONEY MT5 Expert Advisor in the store selling algo trading systems

This is a smart trad­er uti­liz­ing the sharp clus­ter and news based move­ments of the mar­ket and not using any indi­ca­tors, mar­tin­gales or grids. The Expert Advi­sor auto­mat­i­cal­ly ana­lyzes the mar­ket volatil­i­ty and fol­lows the sup­ply and demand move­ments, sets trail­ing dynam­i­cal­ly and moves prof­it to breakeven. Basic EA set­tings are con­fig­ured for EURUSD. Over 600 tests have been per­formed on real and his­to­ry data to choose the appro­pri­ate set­tings. The robot has uni­ver­sal set­tings for dif­fer­ent mar­ket sen­ti­ments, for down­ward and upward trend, high-volatil­i­ty cur­ren­cy pairs and dynam­ic spreads. Var­i­ous set­tings of aggres­sive trad­ing, risk and fre­quen­cy of mar­ket analy­sis are avail­able.

Recommendations

For cor­rect robot oper­a­tion, it is impor­tant to have a good com­mu­ni­ca­tion chan­nel for con­nec­tion with the bro­ker serv­er. There­fore, it is rec­om­mend­ed to use the VPS cho­sen based on the clos­est loca­tion to the bro­ker to achieve the low­est pos­si­ble ping, which pro­vides bet­ter con­di­tions for the robot to place orders.

To work cor­rect­ly, the EA requires a Pro or ECN (Mar­ket Exe­cu­tion) account, with the spread the size from 0.2 to 1.5 points (2–15 points for the 5‑digit quotes), quotes with 5 dec­i­mal places, and with instant exe­cu­tion of orders (less than 1 sec.), com­mis­sion is allowed, the accept­able lever­age from 1:10 to 1:500.

The max­i­mum default draw­down is 10–50 points (Sto­pLoss set­ting). The min­i­mum deposit for the basic set­tings is $200, but it is rec­om­mend­ed to have at least $500.

Test

It is impor­tant to back­test the robot with the sim­u­la­tion coef­fi­cient of 90%+. Some bro­kers have a sig­nif­i­cant delay in trig­ger­ing of stops and orders, which is crit­i­cal to any trad­ing. It is rec­om­mend­ed to test the robot on a demo account with VPS servers 24/7 with the ping less than 50 ms. Tak­ing into account the fac­tor that in MT4 tester his­tor­i­cal ticks are used for test­ing, the test results are not essen­tial for the robot.

Parameters

  • Sto­ploss “ stop loss;
  • Take­prof­it “ take prof­it;
  • Mag­ic “ iden­ti­fi­er;
  • Step “ mar­ket volatil­i­ty fac­tor;
  • Lot “ lot size;
  • Mod­i­fy “ mar­ket analy­sis peri­od­ic­i­ty;
  • Slip “ slip­page;
  • Trail­ingStop “ num­ber of points of the allowed breakeven prof­it;
  • Trail­ingStart “ num­ber of points for mov­ing to breakeven;
  • Step­Trall “ trail­ing stop step, the num­ber of points, after which the prof­it lev­el in breakeven increas­es;
  • NoLoss “ ini­tial breakeven lev­el;
  • Min­Prof­it­NoLoss “ min­i­mum breakeven lev­el;
  • Only­Buy “ true for the uptrend, oth­er­wise false;
  • Onl­y­Sell “ true for the down­trend, oth­er­wise false;
  • IsDy­nam­ic­Spread “ enable/disable dynam­ic lot opti­miza­tion;
  • MaxSpreadFor5Digits “ num­ber of points of the allowed spread for 5 dig­its;
  • Dynam­ic­Spread­Fac­tor “ dynam­ic spread opti­miza­tion set­ting fac­tor;
  • IsMon­day “ enable/disable trad­ing on Mon­days;
  • IsTues­day “ enable/disable trad­ing on Tues­days;
  • IsWednes­day “ enable/disable trad­ing on Wednes­days;
  • IsThurs­day “ enable/disable trad­ing on Thurs­days;
  • IsFri­day “ enable/disable trad­ing on Fri­days;
  • IsSat­ur­day “ enable/disable trad­ing on Sat­ur­days;
  • IsSun­day “ enable/disable trad­ing on Sun­days;
  • EnableNight­Trade “ enable/disable trad­ing opti­miza­tion at night.

 

TIME Is MONEY MT5 

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