Blazar MT5
- Experts
- Vsevolod Gorkovtsov
- Version: 2.41
- Updated: 11 January 2021
- Activations: 10
Blazar for $299 for only 2 days! Return to the normal price of $399 after the sale
Blazar is a fully automated trading system on the most popular major currency pairs: EURUSD, GBPUSD, USDJPY M5. It’s pure Price Action mean reversal system that exploits peakedness of market distribution to safely identify trend reversals
Every trade is protected by Stop-Loss
The EA can work in 2 modes:
- Normal Mode – trading classics: 1 signal = 1 trade. No martingale, grid or hedging is used
- Recovery Mode – the EA will recover faster during drawdowns using several averaging trades, which gives more comfortable growth curve
Features
- Stable growth curve as a result of a high percentage of winning trades
- Stress-tested on all available history, six-month live signal
- Automatic GMT adjustment
- The minimum deposit: $50 for Normal Mode and $300 for Recovery Mode
- Easy setup and use
Currency pairs: EURUSD (default settings), GBPUSD, USDJPY
The EA requires a good broker account with hedging
Set-files can be found here: https://www.mql5.com/en/market/product/37795
Input Parameters
- StartLotSize – proportional lot size if EnableAutoLot is set to true and fixed lot size in case EnableAutoLot is set to false
- EnableAutoLot – trading lot will increase with an increase in your account’s balance
- FundsForAutoLot – here you can set the amount of balance to be used for every StartLotSize if EnableAutoLot is set to true. E.g. FundsForAutoLot=1000 and StartLotSize=0.05 means that for every $1000 there will be 0.05 lots opened (0.5 for $10000 and so on)
- MaxLotSize – set the max. allowed lot size if you don’t want the lot size ever to exceed this value
- SpreadFilterPips – if the spread is bigger than the value specified here, the trade won’t be opened
- MaxSlippagePips – works only for Instant live accounts (not ECN). Set here what maximum slippage you can take on your Instant account
GMT settings
- GMT/DST_Offset_Auto – if true, the EA will try to find the correct GMT offset of your broker automatically. You must allow requests to https:/ /www.worldtimeserver. com (delete spaces!)
- GMT_Offset(winter)_Manual – set your broker’s time zone (in winter)
- DaylightSavingTime_Manual – if your broker uses daylight saving time, set this to Europe or US and EA will automatically adjust itself
- HourToStart – hour of the day at which Blazar will start to look for trading opportunities
- HourToStop – hour at which Blazar will stop to look for trading opportunities
- DaysOfWeek – day of the week at which Blazar will be allowed to trade. E.g. 234 means 2nd, 3rd and 4th days of the week
- DisableHolidays – not to trade during New Year holidays
- PriceChannelPeriod – period of the channel used to analyse the market
- EnableTrendFilter – set to true if you want to avoid risky trades during periods of trending markets
- TrendFilterPeriod – period of the trend filter used by Blazar
- EnableVolatilityFilter – set to true if you want to avoid risky trades during periods of high volatility
- OrderTakeProfitPips – the size of Take Profit in pips (1 pip = 10 points)
- OrderStopLossPips – the size of Stop Loss in pips (1 pip = 10 points)
- EnableTradeDuration – set to true if you want to limit position holding time
- TradeDuration – set the maximum position holding time, in bars
- AvgMaxTrades – maximum number of averaging trades
- AvgMultiplier – averaging coefficient
- AvgStepPips – step in pips between averaging trades
- AvgCustomSettings – custom averaging coefficients, separated by commas
- BasicMagicNumber – add Magic number to trace trades you made with this EA. It must be less than 99999
- TradeComment – add any comments to your trades
Recommendations
- It is recommended to use default values for all parameters (except GMT offset if your broker uses different time zone). Test any changes thoroughly before running EA on a live account.
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