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MADCryptoUpMT4 2.0 MT4

MADCryptoUpMT4 2.0 MT4

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MADCryptoUpMT4 is an Expert Advisor for MetaTrader terminal that allows you to deploy a simple grid strategy.

Signal – MADCryptoUp  <- The signal is deployed in MetaTrader5 but the logic of the EA is the sameStrategyThe EA generates a BUY STOP and a BUY LIMIT on the chosen levels closer to the current price. This happens in the case there is no order or position active in that level already.Take-Profit is the level above.This strategy is good for symbols that tend to grow, like crypto coins. This strategy tries to catch all the fluctuations of the symbol instead of having to HODL the money very long periods.Also you can trade 24×7 as long as your broker is open for trades on weekends.
IMPORTANT– No Stop-loss. You need to be comfortable holding the trades for a bit in case the trend is not favourable (DOWNTREND).- The risk of the system is bonded to the amount of lots used per trade. For expensive crypto coins adjusting the lots is not ideal because the minimum lot that brokers allow is usually 0.01 lots. This is already a big number of dollars. For smaller risk I recommend using a cheaper crypto coin.- Choosing the distance of the grid is very important and you might need to adjust it from time to time. Small distance can give you more trades but it is not so good when the price of the crypto coin drops 40%. As you can see in the pictures, there are not many trades before December last year because the distance of the grid I used for the test is very big for the price of the coin at that time.
Recommended timeframeThe EA is not time sensitive. I use the 1H chart to follow the trade levels on MT5.
Notes:

  • Backtesting is done in MT4 with data fed from Tickstory
  • Sometimes the EA generates an order in the same level where there is an order or position already. I haven’t found yet the reason of that behaviour. Not a big problem though.
  • If you test the EA you will probably need to use a different number to adjust the lots than the one I use. In Australia we are capped to 1:2 leverage for crypto coins.

Notes from the author:

I’m not happy about what I’ve seen over here. Too much secrecy and trickery to share the strategies or to sell products. Promises of big profits with low risk. I’m not a believer so it is difficult for me to trust blindly the word of someone I don’t know. It is just not my thing.

In my case, I have decided to follow a policy of transparency so the potential buyers will know what they are getting. I’ll try my best to explain what the software does and the strategy developed. If you buy this EA and you like it, I will send you the source code to prove that EA behaves correctly. You can use it for your own programming or to improve it. I’m not a professional developer so no fancy stuff in my code. I think it is simple and easy readable.

I don’t want to deceive anyone with my EAs. My code is not going to make you rich overnight. Otherwise I wouldn’t need to sell it, would I?

EAs worked well in backtests but that is no guarantee of a good performance in the future. What I can tell you is these strategies are the ones I use in my real accounts and I hope I can get benefits in a long term. Some strategies are more risky than others. Diversifying is key.

Notes about MADCryptoUpMT4

This strategy seems pretty nice. It gives me a steady income with not much risk. The concept is simple, as long as the asset keeps moving up and down but the overall of the price grows, the EA will catch all the movements. I think this strategy could be good for stocks as well but I haven’t had enough time to implement that option.So far, crypto coins have been climbing quite a lot and some experts say they are going to keep going like this for a while. Bitcoin has risen in value by 600% from May last year and Ethereum has done it by 2000%.

MADCryptoUpMT4
MADCryptoUpMT4

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After Purchase download link will be available, product can be downloaded 24 H after purchase.

FILE DIRECT READY FOR DOWNLOAD



MADCryptoUpMT4 2.0 MT4



ZIP Password = getforexea.com (Lower Capital)ZIP Password = getforexea.com (Lower Capital)

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