Snowballed MT5

Name: Snowballed MT5
SKU: 17998
Price: 24.99 USD
Availability: InStock

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Category: Expert Advisor (MT5) Tag: Need MSIMG32

Product Description

Snowballed MT5

All Old Version + V2.6 + Presets

Experts
Xingming Chen
Version: 2.2
Updated: 15 November 2022
Activations: 5

Current Price $1499, the price will be risen to $2998 on Nov 25, 2022 !!!

* Forgetting those strategies with no stoploss, or with very, very large stoploss, their capital curves look very perfect, but they will destroy your trading account at last, that’s where they’re going to end up.

Strategy Summary & Advantages:

– It’s a full-automatic short-term trading EA, no Martingale, no Grid.

– Using default settings and buid-in technical parameters, no need to do the tedious adjustment working.

– With low stoploss for all trades (defaults from 30 pips to 120 pips base on the different FX pairs).

– The average of position holding time are about 3 hours.

– With protect function of account drawdown.

Real trading tracking (default settings): https://www.mql5.com/en/signals/1607553

Supported FX pairs:

– Main pairs (12 sets, recommended):

EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, EURGBP, AUDNZD, EURAUD, EURCAD, CHFJPY, EURNZD, XAUUSD.

– 2nd pairs:

GBPCAD, EURSGD, GBPSGD.

EA Running:

– VPS: No special requirement.

– Broker: With low spread.

– The minimum deposit: USD100.

– Working timeframe: Any (this EA uses hard-code).

– This is a multicurrency EA, you just attach it on one chart, then select to ‘ture’ for the FX pairs which you want to trade, and specify the trading volume, the EA will run automatically and trade all pairs you selected.

Remark: You need to change the symbol name if your broker’s symbols aren’t matched with the default settings.

EA Parameters:

– Magic: EA magic.

– FixLots: Fixed trading lot.

– AutoLots: If select ‘true’, EA will automatically calculate trading lot base on ‘BalancePerLot’; if select ‘false’, EA will work on fixing lot.

– MaxLots: Maximum trading lot.

– BalancePerLot: Needed account balance per opening one standard lot. For example, your account balance is USD1000, and input ‘10000’ in the “BalancePerLot “, the EA will automatically calculate the trading lot (1000/10000=0.1lots).

– AccountEquityMaxDrawdown (percentage, 0-100): Maximum drawdown percentage of account floating loss, all trades will be closed while the account floating loss drop below the setting value, and stop to open any new positions on the same day.

– PortfolioMaxOpenPositions: Maximum open positions.

– EAComments: EA comments .

– UseSymbol: The symbol will work if select ‘true’, it will not work if select ‘false’.

– Symbol: Symbol name, including of suffix. For example, inputting ‘EURUSD’ if broker has no suffix, inputting ‘EURUSD.r’ if broker has suffix ‘.r’ .

– MaxSpreads: Maximum spread in pips.

– TakeProfit: Take profit in pips.

– StopLoss: Stop loss in pips.

Reference Settings (12 pairs):

TradingModels	BalancePerLot* (USD)	ExpectedAnnualReturn**	ExpectedAccountDrawdown**	AccountEquityMaxDrawdown (Percentage)	AccountLeverage (At least)
Stabler	50K	50% – 100%	10% or more	6	30
Stable	20K	150% – 300%	25% or more	15	100
Middle	10K	500% – 1,500%	50% or more	30	200
Radical	5K	3,000% – 15,000%	80% or more	50	400

* Need to convert currency if your account is not in US dollor. E.g., if your account currency is in Euro, and the ‘BalancePerLot’ is selected for USD10K, the current quote of EURUSD is 1.11020, then the ‘BalancePerLot’ in Euro is: 10K/1.11020 ≈ 9007.

** Based on the back-testing.