Blazar 2.55 Download

Source: https://www.mql5.com/en/market/product/37795

Blazar is a fully automated trading system on the most popular major currency pairs: EURUSD, GBPUSD, USDJPY M5. It’s pure Price Action mean reversal system that exploits peakedness of market distribution to safely identify trend reversals

MT5 version: https://www.mql5.com/en/market/product/44222

Every trade is protected by Stop-Loss

The EA can work in 2 modes:

• Normal Mode – trading classics: 1 signal = 1 trade. No martingale, grid or hedging is used
• Recovery Mode – the EA will recover faster during drawdowns using several averaging trades, which gives more comfortable growth curve

Both modes are FIFO compliant

Features

• Stable growth curve as a result of a high percentage of winning trades
• Stress-tested on all available history, six-month live signal
• Automatic GMT adjustment
• The minimum deposit: $50 for Normal Mode and $300 for Recovery Mode
• Easy setup and use

Timeframe: M5
Currency pairs: EURUSD (default settings), GBPUSD, USDJPY
Set-files can be found here: https://www.mql5.com/en/market/product/37795

Live signals:

• Recovery Mode, EURUSD, default settings, min. deposit: https://www.mql5.com/ru/signals/564057

Input Parameters

• StartLotSize – proportional lot size if EnableAutoLot is set to true and fixed lot size in case EnableAutoLot is set to false
• EnableAutoLot – trading lot will increase with an increase in your account’s balance
• FundsForAutoLot – here you can set the amount of balance to be used for every StartLotSize if EnableAutoLot is set to true. E.g. FundsForAutoLot=1000 andStartLotSize=0.05 means that for every $1000 there will be 0.05 lots opened (0.5 for $10000 and so on)
• MaxLotSize – set the max. allowed lot size if you don’t want the lot size ever to exceed this value
• SpreadFilterPips – if the spread is bigger than the value specified here, the trade won’t be opened
• MaxSlippagePips – works only for Instant live accounts (not ECN). Set here what maximum slippage you can take on your Instant account

GMT settings

• GMT/DST_Offset_Auto – if true, the EA will try to find the correct GMT offset of your broker automatically. You must allow requests to https:/ /www.worldtimeserver. com (delete spaces!)
• GMT_Offset(winter)_Manual – set your broker’s time zone (in winter)
• DaylightSavingTime_Manual – if your broker uses daylight saving time, set this to Europe or US and EA will automatically adjust itself

Main settings

• HourToStart – hour of the day at which Blazar will start to look for trading opportunities
• HourToStop – hour at which Blazar will stop to look for trading opportunities
• DaysOfWeek – day of the week at which Blazar will be allowed to trade. E.g. 234 means 2nd, 3rd and 4th days of the week
• DisableHolidays – not to trade during New Year holidays
• PriceChannelPeriod – period of the price channel
• EnableTrendFilter – set to true if you want to avoid risky trades during periods of trending markets
• TrendFilterPeriod – period of the trend filter used by Blazar
• EnableVolatilityFilter – set to true if you want to avoid risky trades during periods of high volatility
• OrderTakeProfitPips – the size of Take Profit in pips (1 pip = 10 points)
• OrderStopLossPips – the size of Stop Loss in pips (1 pip = 10 points)
• EnableTradeDuration – set to true if you want to limit position holding time
• TradeDuration – set the maximum position holding time, in bars
• AvgMaxTrades – maximum  number of averaging trades
• AvgMultiplier – averaging coefficient
• AvgStepPips – step in pips between averaging trades
• AvgCustomSettings – custom averaging coefficients, separated by commas
• BasicMagicNumber – add Magic number to trace trades you made with this EA. It must be less than 99999
• TradeComment – add any comments to your trades

Recommendations

• It is recommended to use default values for all parameters (except GMT offset if your broker uses different time zone).

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Blazar 2.55