RageX EA MT5

$120.00

RageX EA is an unique fully automated EA which analyses current market trend on time-frame basis. Thanks to that it makes performance of this EA stable regardless the current market condition like slippage, execution speed, etc.

Every order is protected by automatically calculated stop-loss.

RageX EA successfully passed back-tests with 99.90% quality historical data and variable spread in Metatrader 4 as well as 100% quality data back-tests in Metatrader 5 with different execution speed.

RageX EA is an unique fully automated EA which analyses current market trend on time-frame basis. Thanks to that it makes performance of this EA stable regardless the current market condition like slippage, execution speed, etc.

Every order is protected by automatically calculated stop-loss.

RageX EA successfully passed back-tests with 99.90% quality historical data and variable spread in Metatrader 4 as well as 100% quality data back-tests in Metatrader 5 with different execution speed.

Benefits:

    • Any type of account
    • Deposits from 100 USD on micro lot account
    • Not sensitive to slippage or execution speed

Recommendations

    • EURUSD H1 time-frame
    • 100 USD → 0.01 lot
    • 1000 USD → 0.1 lot
    • leverage 1:30 and above
    • Adapt your own risk settings according to the account equity

Trading Instructions

  1. Don’t hesitate to contact me after purchase. I can help you setting up the EA.
    1. Move EA to the chart (simply drag and drop)
    2. When pop up window appears select desired settings (for EURUSD H1 you can use default settings)
    3. Select Size of the lot you want to trade (“FixedLotSize” parameter) according to your account equity
    4. If using more charts, make sure that each chart has unique Magic number !!!
    5. Confirm settings and let the EA trade

Trading checklist

    1. Make sure that each chart has unique Magic number!
    2. If using standard VPS server or personal PC – Make sure that “AutoTrading” is enabled in your Metatrader terminal (smiley face on the top right corner of the chart)
    3. If you are using Metatrader MQL VPS server – Make sure that “AutoTrading” is disabled in your Metatrader terminal (sad face on the top right corner of the chart)
    4. Make sure that you are using right Money management and every time verify with back-test

Detailed Information

Optimization recommendations:

Below you can find parameters you should focus the most for your own optimizations:

    • MaxOrders – recommended range: 1 – 15 (step 1 – 2)
    • MinDistance – recommended range: 50 – 500 (step 50)
    • CloseProfit – recommended range: 100 – 1000 (step 50 – 100)
    • StopLossRange – recommended range: 2 – 7 (step 1)
    • TakeProfitRange – recommended range: 2 – 7 (step 1)
    • OrderHoldingTimeHours – recommended range: 20 – 200 (step 2 – 10)
    • SignalStrength – recommended range: 1 – 3 (step 0.5 – 1.0)
    • SignalFilter  – recommended range: 10 – 400 (step 10)
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Parameters

General Settings

    • Magic – Magic number
    • CommentOrders – Order comments
    • GMT – Broker GMT (usually 2 for the most ECN brokers)

Risk Settings

    • FixedLotSize – Fixed size of the Lot to trade
    • MaxOrders – Max number of orders that can be traded simultaneously
    • MinDistance – Minimum distance in points for placing new orders
    • CloseProfit – Close in profit after reaching desired profit points
    • StopLossRange – SL range value set for automatic SL calculation (higher number increases SL distance)
    • TakeProfitRange – TP range value set for automatic TP calculation (higher number increases TP distance)

RageX Specific Settings

    • OrderHoldingTimeHours – Time in hours that orders can be traded from the last placed order
    • SignalStrength – Strength factor for signal to confirm trades
    • SignalFilter – Signal filter value

Info Panel Settings

    • ShowInfoPanel – Show/Hide Info Panel
    • PanelBackgroundColor – Info Panel background color
    • DefaultFontColor – Info Panel main font color
    • PanelHeaderColor – Info Panel Header background color
    • HeaderFontColor – Info Panel Header font color
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