EA Modern Deviation Trend Pro MT5 best forex news trading ea

EA Modern Deviation Trend Pro MT5 best forex news trading ea 4.18

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The Expert Advisor uses a strategy based on strong price deviations, traded on the major currency pairs. For this strategy, the author's indicator "Indicator Maximum Price Deviation" was developed, an algorithm that detects deviations on timeframes: M5 and H1 and if a deviation is found, the advisor opens the first order, and then if the price moves in the positive direction, the advisor opens additional orders on each bar (supports a total of additional 9 orders). The EA does not increase the lot for additional orders.
Hidden Stop Loss, Take Profit, Breakeven and Trailing Stop are used.
Use multi-currency testing on 10 currency pairs in MetaTrader 5. Instructions to start multicurrency testing are shown in the video instructions.
The Expert Advisor does not use Martingale strategy.
Real Monitoring: https://www.mql5.com/en/signals/803269
Attention! Only EA available for hedge accounts.
Version for MetaTrader 4:
Requirements and Recommendations
  • Advisor attach to only one chart (any of the working pairs) - all trading on all pairs is done from only one chart! You can enable and disable currencies in the settings.
  • The minimum recommended balance for the time frames and pairs is $1,500.
  • Hedge accounts are required.
  • Broker with five and three digit quotes.
  • Make sure you have different Magic Numbers for each EA that you are using on one account.
  • Available VPS server required.
To make the EA work please go to "Tools", "Settings" and "EAs". Make sure to check the box "Allow WebRequests for the Following URLs" Add the following: , and click "OK".
  • Multi_Currency_BackTest - in true uses multi-currency tester.
With a multi-currency tester select the M1 timeframe.
Use fast testing:
  • Tick simulation methods:
    • OHLC on M1.
Timeframe and Pairs
  1. EURUSD
  2. GBPUSD
  3. GBPJPY
  4. USDCHF
    .
  5. USDJPY
  6. USD
  7. GBPAUD
  8. USDCAD
  9. NZDUSD
  10. GBPNZD

Parameters​

  • EURUSD is the true currency;
  • ...
  • is a true currency that can be used.
  • Magic_Start(Finish) - Trade ID;
  • Symbols_Prefix(Suffix)_Name - enter ONLY prefix (suffix) if your broker uses it in the symbol name (for example: "m."(".m") if the name of the pair is "m.EURUSD"("EURUSD.m"));
  • Custom_Risk If this is true, lot sizes will increase as account balances rise (risk management).
    • User_Balance-User balance
    • Add_to_User_Balance – Add to Users_Balance to smoothen the transition to the new lot.
    • Lot_on_every - Size of lot per - User_Balance;
  • Fixed_Lot - constant lot;
  • Aggressive_Trade - if true the EA will adaptively increase lot size.
  • Order Comment - comment on the orders;
  • Slippage- before order triggering
  • Show_Info_Panel - information panel (false - fast backtest);
  • Show_additional_panel - profit panel for each month, only for backtest;
    • Panel_1;
    • Panel_2;
    • OFF_Info_Panel_1,2 - Off. InfoPanel 1,2;
  • Multi_Currency_BackTest:
    • true - multicurrency tester.
    • False - Current currency and Time Frame
  • Max Spread - max spread
  • Economic News Filter:
    • Select http/ HTTP is a protocol to download economic news.
      • http(s)
    • News_update_every_N_minutes - news updates every N minutes;
Trade within a week:
  • Monday - Monday;
  • ...
  • Friday - Friday.
Time trading:
  • Use time - in true time trading;
  • GMT Setting – GMT Settings
    • GMT Auto ( only for real ) - automatic GMT shift (not for tester);
    • GMT Mode - manual adjustment;
    • GMT_mode - shift of the server time of the broker in relation to GMT (0 - off );
  • Every_Day_Start - start time (hh:mm);
  • Every_Day_End - The end of time (hh.:mm).
Disable_in_Friday
  • Time Trade at the true time
  • Disable_in_Friday - Friday end time (hh:mm).
Author
News forex ea
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