Description
Beast is a fully automated Expert Advisor that uses a night scalping strategy.
The price at the start of sales will be low. 24/04/2023 Price will be 749
Detailed instructions for use and installation here: https://www.mql5.com/en/blogs/post/751998
Remember: past performance is no guarantee of future profitability.
Monitoring the work of the adviser: https://www.mql5.com/en/users/plesovskihsvetlana/seller
One of the main problems faced with night scalping is optimization. Developers often have limited options when it comes to optimization, such as relying on quotes from a well-known broker with TDS 2, which often leads to unreliable results when trading in real time, since the spreads of past years are much smaller than what we are now. offered by almost all brokers. Another option is to optimize for short periods of work with well-known brokers, however, this may lead to fitting the parameters of the adviser to the history and its work will be relevant only for a short period of time and only for one particular broker. Therefore, when developing, I decided to use my unique approach.
Strategy:
To accurately determine the time to start a trade, Beast uses price action patterns, standard deviations, and a personal indicator that I’ve been perfecting over the past two years. I used a special optimization and entry point correction method that combines quotes from five different brokers with a moving optimization procedure. This approach completely eliminates the story-fitting factor and makes Beast more adaptable to different circumstances. The multiplied spread in the past time during optimization allowed me to avoid self-deception when choosing the sets I needed. When choosing the parameters, I gave more importance to the profitability indicator and the recovery rate than to the profit and drawdown. So my approach was tested during a year of live trading, and now I’m ready to present it to you.
Beast adheres to responsible trading practices, staying away from neural networks, martingale, averaging and other methods that can lead to losses . This EA is capable of trading 8 currency pairs on the M5 timeframe: USD CAD, USD CHF, GBP USD, EUR USD, EUR CHF, EUR GBP, EUR CAD, EUR AUD. In the future, the EA will receive additional currency pairs as my strategy is applicable to a wide range of markets.
Peculiarities:
- Additional protection against hacking and unauthorized use
- Automatic detection of GMT
- Automatic analysis of past trades and calibration
- Market Crash Filter
- Built-in filter for determining average volatility
- Stop loss and take profit for each trade
- Using your own indicator algorithm
Recommendations:
Dear traders, I have dedicated over two years of work to this product before offering it here, so I will not cut prices or offer discounts. I strongly recommend that you contact me before purchasing an EA so that we can discuss your broker’s trading rules.
Please remember to apply sound money management principles.
Settings:
Security Key – enter your unique key. Send me a private message after purchase to receive the key.
Symbols – write the symbols you want to use separated by a space. During the test, the EA will also use this string, so if you want to test only one symbol, write only one.
Daylight saving time – specify your broker’s DST. This is usually USA, but better check.
Trading Sunday to Monday – Enable/disable the work of the adviser on the night from Sunday to Monday.
FixLot/Autolot – Select volume setting mode.
Lot – select a lot.
Deposit step (Autolot) – Select the deposit step to increase the lot (when Autolot is enabled)
Name Index – Specify the name of the US index. Different brokers call it differently, something like US500 or SPX500
