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Home » Shop » Tioga V8.0 MT5
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Metatrader 5

Tioga V8.0 MT5

$35.00

Vendor: Getforexea.com Store
Install Type

Dll

System

Metatrader 5

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Categories: Metatrader 5, Metatrader 5 Experts
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  • Description
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Description

Description

TIOGA is a fully automated Night Scalper. It works good on all major currency pairs.

Main strategy is using mean reversion on end of US season. The system focuses only Small and Steady Profits.

The EA does not use grid, martingale, averaging or other dangerous strategies. It uses fixed stoploss for every position.

I will always help you, please contact me !

Live Signal >>> https://www.mql5.com/en/signals/1173525

My settings on this signal:

  • Chart: I am using one EURUSD M5 chart for all pairs.
  • TimeFrame: M5
  • Lot Calculation Type: Risk Percentage
  • Risk Percentage: 4 (per pair)
  • OneChart Usage for all pairs : true
  • OneChart Pairs: AUDUSD, CHFJPY, EURAUD, EURCHF, EURGBP, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPUSD, USDCHF

General Strategy Definition

Tioga enters trades only for 2 hours between 21:00 – 22:59 GMT. (London Time).  This system holds only one position at the same time on each pairs.

Its entering direction depends on mean reversion strategy. The EA is so easy to use product with few input parameters. I recommend to use it with default parameters on each pairs.This trading system is suitable for both experienced traders and beginners. It can work on VPS clearly.

Recommendations

  • Symbol: All major currency pairs. (My favorites are these 11 pairs: AUDUSD, CHFJPY, EURAUD, EURCHF, EURGBP, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPUSD, USDCHF)
  • TimeFrame: M5
  • OneChart Usage for all pairs : When it is true on input parameters, only one chart is enough for trading all selected pairs
  • Min Account Balance: 300 USD
  • Broker: ECN Brokers, low spread, low commision (The EA trades on low liqudity (night season), so low spread ECN account is essential)
  • Broker Permission: Please be sure that your broker supports AlgoTrading with EAs. (Sometimes broker doesn’t let you open trade with Expert Advisor)
  • Leverage: All leverages are fine (Prefered: Greather than 100)

Please check if the London time you see in the chart is the same as the current London time. If it is different, please change Broker GMT input parameter when you attach the EA to chart.

Terminal time (Market Watch Time) is not important for the EA.

Input Parameters

  • Lot Calculation Type :  Fixed_Lot / Risk_Percentage
  • Fixed Lot : It is active when Fixed_Lot is selected for Lot Calculation Type
  • Risk Percentage (Between 1-100) (Per Pair):  It is active when Risk_Percentage is selected. It shows how many percentage of your equity is in risk per pair. This value must be between 1-100.
  • Maximum Lot for all Calculation Types: Maximum Lot can be this number for each pairs
  • OneChart Usage for all pairs : When it is true, only one chart is enough for trading all selected pairs
  • OneChart Pairs: Use comma as seperator and write pairs’ names
  • Pairs Suffix: If the broker uses suffix (Suffix is a letter behind the pair, EURUSDm for example.), just write suffix to here. Examples are below.
    • EURUSDm   >>>  Suffix: m
    • EURUSD.m  >>>  Suffix: .m
  • Broker GMT in Winter : Please check London Time when you attached the EA to the chart.
  • Broker use Daylight Saving Time :  If London time is different, you may also change this input.
  • New Trades: If it is false, new order can’t be opened
  • New Trades – Weekly Market Open: If it is false, new order can’t be opened at Sunday 22:00 – 22:59 GMT
  • New Trades – Weekly Market Close: If it is false, new order can’t be opened at Friday 21:00 – 21:59 GMT
  • New Trades – Christmas and New Year: If it is false, new order can’t be opened between 23 December 00:00 GMT to 3 January 23:59 GMT
  • New Trades – Triple Swap Day: If it is false, new order can’t be opened at Triple Swap Day between 21:00 – 21:59 GMT
  • Spread Filter (0: not used): If spread is higher than (this number * price * 0.0001), then new order can’t be opened.
    •  
    • Example: Spread Filter = 2     Spread Filter in points = 2 * 1.12895 * 0.0001 = 0.00022        Spread is 43 points and spread filter is 22 points. So EA will not open new order.
  • TakeProfit: (Real TakeProfit in Pips = TakeProfit * 0.0001 * price)
  • StopLoss: (Real StopLoss in Pips = StopLoss * 0.0001 * price)
  • Max Holding Minutes (0: not used)
  • Order Magic Number : Magic number for this expert’s orders
  • Order Comment : You may add a comment to your trades
  • Show Info : Some informations are shown on left-upper of chart.
About Metatrader 5

Trading with MetaTrader 5

MT5 is a state-of-the-art, multi-functional platform that boasts advanced auto trading systems, technical tools and copy trading. MetaTrader 5 is designed to accommodate advanced trading across a wider selection of asset classes than its predecessor, MetaTrader 5. Feature-rich, it boasts advanced tools, and offers superior execution.

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Delivery & Refunds

EULA

All software offered for download on this website is tested and works *Attaches to chart. It is scanned against viruses and contains no malware, adware, or other malicious code.

Refunds

Get Forex EA does not guarantee the operability of Expert Advisors. We check each Expert Advisor on different accounts and with different brokers, but this does not guarantee that it will work for you. It all depends on many factors and some Expert Advisors are very sensitive to this (for example, ping on the server, spread size or spread type floating, fixed, etc.).

Keep in mind that some Expert Advisors trade cautiously, so be patient. In this regard, no refund is provided. By agreeing to the rules of purchase, you confirm your consent that you will not demand a refund!

If your Expert Advisor does not work, change the settings, broker or VPS server. Some Expert Advisors work only with certain brokers. WE HAVE TESTED ALL OUR ADVISORS BEFORE PUBLISHING ONLINE AT CONTABO.COM VPS SERVER.

If you are still convinced you need a refund because a product is broken. Contact us by email.

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Tioga V8.0 MT5

$35.00
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