Price Action EA v3.63

Price Action EA is designed for price action, scalping. Open orders by bar height when bar height meet math calculations. Timerame is M1 and works all forex symbols. It has continuously double trailing system. Set hours to trade 3 independent hours set. Set lots static or grow by balance. Variable lots by bar height. Set bar value by ATR indicator automatically. Close safety by time in minutes and close your order after x minute even if it is not in profit or loss by you. Set stoploss and takeprofit values by ATR indicator automatically. Every major settings can be set automatically by robot, no need to know how to use.

2003 to 2019 Dukascopy backtest results for EURUSD. %1.55 max drawdown and  %99.9 test quality. 1000$ to 5.000.000$.

You can see Live Results from https://www.mql5.com/en/signals/627306

Click here for symbol sets you can make backtest

Updated 27.09.2019

TEST SETTINGS…Model : Every Tick…Period : M1…Spread : 5…Use Date : whenever you want

EURUSD,USDJPY,GBPUSD,USDCAD,AUDUSD,AUDCAD,AUDJPY recommended. Use other pairs at your own risk.

Price Action EA 3.0 User’s Manual

• TRAILING SETTINGS
• UseTrailingStop – enable/disable trailing system.
• AutoTrailingSystem – enable/disable auto trailing system.
• Trailing system ATR rate – auto trailing system ATR rate for calculation.
• TrailingStartPip -profit pips  / that trailing system start.
• TrailingStop – pips / that how much pips follow from back ( exp. When 5 pips profit and set this value 1 pip then it will set profit stoploss at  4 pips back from bid price).
• TrailingStartPip2 – profit pips  / that trailing system start after first trailing take the profit at this value.
• TrailingStop2 – pips / that how much pips follow from back ( exp. When 5 pips profit and set this value 1 pip then it will set profit stoploss at  4 pips back from bid price).
• Auto stoploss by Symbol – /set true for automatic adjustment stoploss by Symbol
• Auto takeprofit by Symbol – /set true for automatic adjustment takeprofit by Symbol
• Stoploss
• Takeprofit
• ORDER SETTINGS
• Auto Lot by balance – Set true if you want to set lot values directly by your balance.
• Auto Lot size  – Using for calculate your lot by balance.
• Static Lot   – Using when AutoLot closed for set lot value.
• Auto Lot increase by bar  – Increases lot by bar height one more time.
• Robot Open  – Enable/Disable robot.
• Allow buy trades  – Allows buy trades.
• Allow sell trades – Allows sell trades.
• Use News Filter – Enable/Disable news filter.
• First Bar – Bar value for robot. ATR set this automatically so no need to change.
• Min Bar – Minumum Bar value for robot. Robot will not enter a bar which small from this value
• Buy calculate rate – Important value for the EA to enter order from the right place of the bar. It should not below 35. Slow symbols lower values. Fast symbols higher values. Recommended 38-43
• Sell calculate rate  –  Important value for the EA to enter order from the right place of the bar. It should not below 35. Slow symbols lower values. Fast symbols higher values. Recommended 38-43
• Stop Order Entry Rate – Using for calculation stop order level.
• Next order open time  – timeframe for next order allowed.
• ATR SETTINGS
• Use ATR for First Bar  – set true for automatic adjustment first bar. true. DO NOT CHANGE.
• Atr Period – Atr period. 480.  DO NOT CHANGE.
• Atr Time Frame – Atr time frame. 30 Minutes or 1 Hour.
• TIME SETTINGS   – Every set evaluated by itself. Robot will not work out of these hour sets.
• TradeStart  – “1” default.
• TradeEnd  – “23” default.
• MARTINGALE SETTINGS
• Martingale open – Enable/Disable Martingale follows your open orders automatically instead of using stoploss.
• Martingale Multiplier – Increase lot size for second and the following orders.
• Martingale Difference (pips) – Distance for next order.
• Martingale Profit (points) – Total profit for all martingale orders.
• CLOSE SETTINGS
• Close in profit – Set true for close orders in profit after x minutes.
• Close in loss – Set true for close orders in loss after x minutes.
• Close orders after x (minutes) – close orders after X minutes.

• Recommendations
• You can use this robot every symbol in forex. Just set auto and go
• Need ECN,  Open new account from ICMarkets  or Open new account from  PepperStone