Mts “Velosity” Expert Advisor | MT5 EA Download - MetaTrader 5 Resources

Mts “Velosity” Expert Advisor review and download instructions

This article organizes EA related to CMillion Expert Advisor. The content has been removed from the Russian language and external website promotion information, and has been reorganized according to the common concerns of foreign exchange EA users, making it easier to judge whether it is suitable for real trading or testing environments.

strategic positioning

This type of EA is usually used in automated trading scenarios of MT4 or MT5. Before formal use, you should first confirm the trading variety, cycle, spread, slippage, leverage and broker execution conditions to avoid directly treating a single historical performance as a future profit expectation.

Testing recommendations

It is recommended to test separately in a demo account and a small capital account first, focusing on observing the maximum drawdown, continuous losses, holding time, news market performance, and the sensitivity of parameters to different market stages.

Key points of English page

75 usd for 1 account

The Expert Advisor will measure price velocity (rate at which the price is changing) and open trades in the direction of the price, when the price velocity starts to slow or accelerate.

Afterwards, it will manage these trades by a trailing stop, which also depends on the price velocity. In other words, when the price velocity slows, the Expert Advisor will set stop-loss closer to the current price; when the price velocity accelerates, the Expert Advisor will set stop-loss far from the current price so that the price can gain its weight and the stop-loss is not triggered, when there is the market noise. Take-profit will also be moved following the price, when the price velocity slows or accelerates.

Moving a stop-loss to breakeven. If necessary, you can enable the function of moving a stop-loss to breakeven, when a predetermined level of profit in points is hit.

Trailing. The Expert Advisor allows you set any trailing stop.

Money management. The Expert Advisor provides you a choice between a fixed lot and a floating lot (depending on how much of percentage value of deposit the given lot equals to).

Visualization. The Expert Advisor will draw lines of orders, when it opens or closes them, on chart (just like in Visualization mode, while testing in a Strategy Tester) so that you can clearly see all the trades made by the Expert Advisor.

The Expert Advisor will work on the timeframe, on which it is running at the time. H1 and higher timeframes are recommended.

Its package contains a unique indicator – “Velocity” Indicator – that measures price velocity.

Here is an example how the “Velocity” Expert Advisor trades:

To get a ready-made Expert Advisor or Indicator, you need to pay its cost by one of the methods specified on the Payment web-page and send an e-mail at cmillion@narod.ru , which should contain the name of Expert Advisor or Indicator and a payment option. After doing that, your order will be immediately sent to you.

Expert Advisor parameters:

K_VES = 2.5 coefficient for determining the rate of price change;

T_Per = 30 size of the period for determining the rate;

TF = H1 timeframe indicatorminstep = 10

MinStep between orderamy

lot = 0.00 if 0, then a lot is defined as

LotPercent % of the balance lotpercent = 0.1 what percentage of the Deposit to trade.

K_Martin = 1.5 multiplication factor of subsequent lots

TakeProfit = 50 TakeProfit from the breakout point

trailingstart = 1 minimum profit trala

tarelingstop = 10 TrailingStop from the breakout point

closeprofit = 1000 close on the total profit in the Deposit currency

closeloss = -0 close on the total loss in foreign currency deposits

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Risk warning

EA cannot eliminate market risk. Grid, martin, scalping, arbitrage, and high-frequency strategies are particularly dependent on the trading environment. Stop-loss logic, order quantity limits, and capital occupation under abnormal market conditions should be separately evaluated before placing a firm offer.