This tutorial applies to the EA ‘Multisymbol EA‘ for MT5 whose product web page is accessible by clicking on the picture under:
This EA makes use of methods which have labored properly since 2020 on the next symbols:
CADCHF EURJPY NZDCHF USDCHF USDJPY GBPJPY
The Multisymbol EA is predicated on worth motion, indicators (shifting averages, RSI, MACD and others) and at all times follows the development, avoiding market noise. It additionally performs an entire orders administration based mostly on market actions. Lastly, for every image, when an open order is worthwhile, a brand new order for a similar image will be opened (in response to the person’s alternative).
Beneath is the backtest of this EA with default settings (fastened heaps) from 01/01/2025:
Necessities:
- Dealer: any (works appropriately with all brokers)
- Leverage: any (the % danger per order is revered whatever the leverage)
- Velocity of execution: any (this technique shouldn’t be affected by a gradual server)
- Maximal unfold: as at all times, the decrease the spreads, the higher
Please be aware:
- The Timeframe of the chart doesn’t matter, the EA will take the orders whatever the Timeframe.
- No have to open 1 chart/image: the EA will place orders on the 6 symbols whatever the chart image.
- As it’s a multisymbol EA, It’s essential to respect the next circumstances to do backtests:
- CADCHF, EURJPY, NZDCHF, USDCHF, USDJPY and GBPJPY should be current within the Market Watch of MT5 (no orders might be opened on absent symbols).
- Within the ‘Image’ record of the ‘Settings’ tab, choose ‘CADCHF’, ‘EURJPY’, ‘NZDCHF’, ‘USDCHF’, ‘USDJPY’ or ‘GBPJPY’.
Detailed options are described on the product web page. Beneath is the record of EA settings with explanations.
-====Normal settings====-
Dealer prefix (if needed): just for brokers who use prefixes. For instance, sort m for mEURUSD
Dealer suffix (if needed): just for brokers who use prefixes. For instance, sort m for EURUSDm
Use Timer: outline buying and selling days and hours
Orders will solely be opened on buying and selling days. Nonetheless, orders will be closed/modified even outdoors of the established time if a minimum of one of many following parameters is enabled:
– ‘Max % misplaced/day’ ;
– ‘Max % win/day’ ;
– ‘Shut orders earlier than weekend’.
Monday: alerts & buying and selling on Mondays
Tuesday: alerts & buying and selling on Tuesdays
Wednesday: alerts & buying and selling on Wednesdays
Thursday: alerts & buying and selling on Thursdays
Friday: alerts & buying and selling on Fridays
Saturday (crypto): alerts & buying and selling on Saturday (usually for crypto buying and selling)
Sunday (crypto): alerts & buying and selling on Sunday (usually for crypto buying and selling)
Begin time: begin of the session
Finish time: finish of the session
Buying and selling alerts: terminal and/or smartphone notifs
-====Buying and selling settings====-
Permit buying and selling: if false, solely alerts are operational. Additionally it is potential to have in mind purchase orders or promote orders solely.
Magic quantity: should be distinctive if different EA are working
‘Max open orders’, ‘Max % misplaced/day’ and ‘Max % win/day’ are calculated from the magic quantity. For instance, in case you have 3 EAs with the identical magic quantity, the overall variety of orders opened would be the sum of the orders opened in these 3 EAs.
Permit further orders: opens further orders when an order is worthwhile
Relying on the image for which the order is worthwhile, as much as 3 further orders for a similar image will be opened. It’s higher to have smaller heaps for extra orders than for important orders (see heaps settings under).
Max simultaneous orders: max variety of orders opened concurrently (if 0, no max)
Max % misplaced/day: if max worth is reached, the EA open orders are closed and no different order is opened till the following day (if 0, no max)
The calculation is predicated on account stability + open orders advantages. With a purpose to velocity up the backtests, the calculation is finished each hour throughout backtests, as a substitute of each minute for an actual buying and selling session.
Max % win/day: if max worth is reached, the EA open orders are closed and no different order is opened till the following day (if 0, no max)
Identical comment than for ‘Max % win/day’.
Shut orders earlier than weekend: shut all EA orders on Friday
Closing time earlier than weekend: if ‘Shut orders earlier than weekend’ is ‘true’
Use cash administration: if ‘true’, lot dimension in % stability
Fastened heaps dimension: lot dimension per order (if ‘Use cash administration’ is ‘false’)
Fastened heaps dimension (additionnal orders): lot dimension per additionnal order (if ‘Use cash administration’ is ‘false’)
It’s higher to have smaller heaps than for important orders.
Lot dimension in %: % stability per order (if ‘Use cash administration’ is ‘true’)
Lot dimension in % (additionnal orders): % stability per additionnal order (if ‘Use cash administration’ is ‘true’)
It’s higher to have smaller heaps than for important orders.
