SharkEA

Name: SharkEA
SKU: 8284
Price: 8.19 USD
Availability: InStock

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Category: Expert Advisor (MT4) Tags: Need MSIMG32 System B

Product Description

SharkEA

This robot goes with short term trends that are typical for liquid markets such as Forex. It uses mean reversion principle together with careful filtering of entries and advanced «smart» price tracking algorithm to maximise win rate while keeping risks at bay. It is intended for long term use only. It is more suitable for experienced users. Lots of settings for customization. Still can be used by anyone with default settings. Easy setup. No special knowledge needed.

Additional set-files can be found here: shared folder

Monitoring: https://www.mql5.com/ru/signals/822938

Timeframe is M5.

Minimum account balance: $50.

Default parameters are for EURUSD M5.

MT5 version: https://www.mql5.com/en/market/product/53568

Features:

Every trade is protected by stop-loss
It follows the market by moving Take Profit towards the average price
No dangerous money management are used. Grid is optional and not used in my signals
Stress tested with 99.90% tickdata using variable spread
The EA is very easy to setup and use

IMPORTANT: Pay attention to GMT parameters! In order to get proper results, you have to set them correctly according to your broker GMT Offset

Settings:

Fixed Order Size – fixed trading lot
Enable AutoLot – use automatic lot calculation
Balance For Every 0.01 Lots – balance to be used per 0.01lots (automatic lotsize based on balance)
Max Risk Per Trade – auto MM based on the stop loss and deposit size. For example: at a value of 5, closing a trade by stop loss will result in a loss of 5% of the balance
Maximum LotSize – maximal allowed trading lot
GMT Offset Auto – if true, the EA will find the GMT offset automatically. Allow requests to https:/ /www. worldtimeserver .com (remember to delete spaces)
GMT Offset Manual – set your broker’s time zone (in winter)
Adjust DST Manual – set your broker’s DST
Enable EMA Filter – enable or disable the daily EMA filter
EMA Period – period for daily EMA

Time

Start/Stop Hour – hour to start/stop trading (searching for new signals). It has to be set in GMT+2 DST:US/EU (corresponds to GMT+2 in winter, GMT+3 in summer) timezone which gives five full 24-hour daily candles each week and is used by most brokers. The daily candles open at 0:00 during the bank rollover time. I use default settings. This parameter does not depend on the broker or PC/VPS local time.
Monday Trading – true/false – enable or disable trading on Monday
Tuesday Trading – true/false – enable or disable trading on Tuesday
Wednesday Trading – true/false – enable or disable trading on Wednesday
Thursday Trading – true/false – enable or disable trading on Thursday
Friday Trading – true/false – enable or disable trading on Friday
Friday Exit – true/false – if you wish to close all trades on Friday, you should use FridayExit=true
Friday Exit Hour – the robot will close all open positions at this hour on Friday
Trade Direction – long and(or) short can be selected
Multiple Trades – this option allows the EA to keep several trades open at the same time. Each trade is opened with a new signal.
Maximum Spread – maximum allowable spread, pips
Maximum Slippage – maximum allowable slippage for instant accounts, pips. Increase it to avoid re-quotes and off-quotes
Max Take Profit – max. initial take profit in pips (1 pip = 10 points for a 5-digit broker). TP can be negative as the EA always moves it to an average price. So the TP order can be used as a stop loss
Max Stop Loss – max. stop loss in pips
Max Holding Time – maximal position holding time – a maximum number of bars between opening a position and closing it completely
Hide Stop Loss – enable/disable hiding stop-loss (SL is executed by the EA). If Grid strategy enabled, SL will be disabled at all

Other

Magic Number – unique identifier for EA’s orders
Order Comment – comment for EA’s orders
Enable Grid – enable/disable grid strategy. I will not use the grid strategy, it was requested by customers
Grid Spacing/Grid Multiplier/Grid Size – space between orders (pips) / grid multiplier / max. number of grid orders
Grid Custom Multipliers – custom multipliers for each step separated by a comma, for example – 1,2,4,8,16
Grid Take Profit – TP value for the basket in pips (only if grid is enabled)

SharkEA SharkEA SharkEA SharkEA SharkEA SharkEA SharkEA https://www.mql5.com/en/market/product/53371

634

Savell Alexander Martin 2020.11.29 18:05 #

Shark is so far so good. Slow and steady, dont get concerned with a few losses, the wins will outweigh them

441

Sergey Sannikov 2020.10.04 08:15 #

Очень правильный советник по своей сути. Если цена пошла не туда. то закроет сделку с небольшим убытком. Сергею респект, огромный!

574

Vitoria Saddi 2020.09.02 19:20 #

I got the EA because of Sergei’s reputation and because i also have ‘perrfect score’, whose name comes from the fact that it has never missed a trade (which is true btw). He is by far the best developer in mql5. He is extremely helpful and understand the basics of trading. And the sharkEA reflects that. The promise is that waiting will pay off. In any case, it is a good EA, with ‘dynamic stops’ that enables one loose less than the stop loss. He answers all questions with nice comments. I strongly recommends the EA if you are a pacient investor that is not afraid of losing a bit to gain robustness for the long run.