Recommendations:
- Broker - RoboForex or another—after successful optimization
- Account type—any (with hedging)
- Timeframe - any; use M30 or H1
- Trading pair - any. I recommend XAUUSD (Gold) or BTCUSD (Bitcoin) , after successful optimization
- Deposit - from 5000, I recommend
- Leverage - from 1:500
- Trading mode - VPS recommended
- Optimization and testing period - from 60 to 12 months
- Recommended frequency for optimization: every 1-3 months
Advantages:
- The Expert Advisor does not use indicators, does not use external resources, and is not dependent on fundamental analysis and/or news.
- The Expert Advisor trades almost the same way both in the strategy tester and on demo and real accounts.
- You can trade any assets (currencies, metals, cryptocurrencies, stocks, indices, etc.).
- The Expert Advisor can be used for medium- to long-term investments, as well as for overclocking the deposit.
- You can install an Expert Advisor for trading on a chart of any timeframe. Key parameters are available to change in the settings of the Expert Advisor so that each trader can easily optimize and customize the advisor for his broker, account type, and deposit. The chart also displays an information panel for the statistics of the EA's operating parameters.
NOTE:
- The Expert Advisor has built-in Magic for all of its orders. You cannot use the advisor for different assets of the same trading terminal.
- Before purchasing an Expert Advisor, make sure you have the appropriate experience and computer to optimize and test the Expert Advisor.
WARNING:
- Before installing the Expert Advisor on a real account, it is necessary to optimize and test the advisor on that particular broker, account type, and deposit on which the advisor will trade.
- If your broker does not support trading by Expert Advisors in the ORDER_FILLING_FOK mode, then such a broker is not suitable for completely safe trading by Expert Advisors. This is Bybit, FxPro, Tickmill, IC Markets, etc. You must assume all risks associated with this!
To optimize the EA in MT5:
1. You need to check the history of quotes (100% real ticks) in MT5 of your broker for a real account, symbol and the maximum possible date on which the EA will trade.
NOTE: In MT5 the quote history should be loaded automatically if - Max bars in chart: Unlimited. If the history of quotes (100% real ticks) is less than 2-3 years, then it is better not to use such a broker for optimization and trading with an EA.
2. Make a first test run in the strategy tester with the default settings on FILLING_FOK mode. If the EA trades in this mode, then you can run EA to Genetic or Complete optimization with Modeling: Every tick based on real ticks. If the EA no trades in this mode and in Journal writes - Unsupported filling mode / Error code = 4756, then use FILLING_IOC mode and run EA to Genetic or Complete optimization with Modeling: Every tick based on real ticks.
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