Master_MM_Droid - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

The author of the idea — Moussa Esmagambetov , the author of the MQL5 code — Barabashkakon .

There are four trading strategies in an Expert Advisor.

Description from the author of the idea:

Expert Advisor with deposit protection against loss concept. Version 2.4.

Consists of 4 trading strategies and a money management unit. Available parameters: broker's time offset relative to GMT, individual money management mode for each strategy (0 to 10). The code has been optimized and most logic errors fixed. Still, there are some strange parts in the code, so its development continues.

The EA trades run based on 4 trading strategies at the same time. The recommended time frame is M5, but you can try to run the EA in other time frames. EA was originally designed to run autonomously on a VPS. If stopped or restarted, the interbal variables will be reset, so for the normal operation of the EA, you should open the terminal on weekends if you run the EA at home. It was originally created for USDJPY but can also be used for EURUSD. The built-in trading strategy shows less good results on other time frames.

A brief description of the trading strategy.

1. RSI buy/sell signal, MA exits overbought/oversold zone. If the price moves in the right direction from the first entry point, there will be two re-buys in steps of 15 pips.

2. Box breakout, a set of well-known breakout strategies, two-way downward stop loss orders, 6 hours, 12 hours and 20 hours GMT. Untriggered orders are deleted after 4 hours.

3. The popular “lazy trader” strategy. Place two stop orders in both directions on Monday and then close on Friday.

4. This strategy monitors Monday's gap, which is the difference between Friday's closing price and Monday's opening price. All positions have trailing stops. TakeProfit has been removed from the Expert Advisor, as it is related to the deleted scaling, i.e. opening a position with two orders, one without target and the other with TakeProfit.

Important warning : All strategies are trend strategies. It is clear from the backtest that when the market moves within the feasible range/triangle on H4/D1, the EA loses money.

When running on EURUSD, M1, the balance graph is losing, although equity is greater than balance:

Attachment download

📎 master_mm_droid.mq5 (100.75 KB)

Source: MQL5 #17209