Ranger MT4 EA

Description

The Ranger trading robot is the result of many years of work on researching thousands of strategies, prediction indicator systems to find the optimal and adapted online trading strategy. Combining several methods of market analysis and modern trading algorithms, the robot observes every tick of the price change, making trading decisions at any second of trading sessions.

Main advantages:

1. Insensitive to spread and commission;
2. There are several levels of stop orders for one position;
3. Minimum deposit 200 USD.

Real time signals:

• https://www.mql5.com/en/signals/1191266
• https://www.mql5.com/en/signals/1210247
• https://www.mql5.com/en/signals/1203475
• https://www.mql5.com/en/signals/1191251

Version for MetaTrader 4: https://www.mql5.com/en/market/product/73010

Trading:

The robot manages your trading account and controls the following 4 processes:

1. Actions before opening a position (buy/sell):

• Actions related to determining fundamentals;
• Determination of trend and numerical indexes;
• Calculation of levels and market entry points;
• Determination of position volume and checking possibility of making a position.

2. Actions for opening a position:

• Execution of actions on trading orders placement.

3. Support and control of transactions to protect positions and maximize theoretical expectation:

• Using special mathematical formulas to track the current price on sliding stop orders;
• Position transfer to a “no loss” condition.

4. Actions related to market exiting and closing a position:

• Closing a position by Stop/Limit order;
• Early closure under certain circumstances.

All 4 processes take place fully automatically.

Users do not need to trade by themselves.

Operation:

Chart Parameters:

1. Symbol: “EURUSD” or “GBPUSD”, should have 5 digits or 5 decimal places;
2. Time frame: Any time frame.

Each symbol has its own characteristics. To apply a trading algorithm to a particular financial instrument is possible only after its thorough study.

In this regard, in the near future I will add the ability to trade some more currency pairs in new updates.

Testing:

1. Recommended for “EURUSD”: default settings;
2. Recommended for “GBPUSD”: default settings, “Position risk” = 4%;
3. Testing quality: every tick/control point;
4. When testing quality is “open prices” use only M1 or M5 timeframes.

The robot is configured to trade since 2005.

Account Parameters:

1. Hedge account (for MetaTrader 5 only);
2. Leverage: 1:100;
3. Recommended: VPS.

If you are buying a robot for the first time, or if you have any problems with the configuration of the robot, please contact me via personal messages at mql5.com.

Basic input settings:

• Risk Settings:
  • Position risk – buy/sell position risk;
  • Fixed volume – “-1” means automatic lot calculation, or specify static volume;
  • Amount of positions if use custom volume – number of deals in one position with static lot volume.
• TP&SL Settings:
  • Stop Loss Settings – settings “stop loss”;
  • Take Profit Settings – settings “take profit”;
  • Breakeven distance – distance for setting the order in “no loss” state.
• Strategy Settings:
  • Extremums Settings – settings for determining extrema;
  • Levels Settings – settings for support and resistance levels.