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REGISTER PARTICIPANTS Expert Cyrus Ea Lite Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 11, 2020.

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  1. James Goldman

    James Goldman Moderator
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    #cyrusealite

    cyrus-ea-lite-logo-200x200-4037.png

    Cyrus EA Lite is a fully automated trading system. Cyrus EA is based on the strategy of determining a trend and opening trades following the market movement. The EA uses 4 similar algorithms to determine entry points, thus it is possible that several orders will be opened at a time. For each trade the separate Stop Loss and Take Profit are placed.

    The Expert Advisor works on EURUSD and GBPUSD pairs. Timeframe is selected on the grounds of a user's preferences (author prefers M5). You can trade on any or on all timeframes (each timeframe should have its own value of the MagicNumber parameter — see Parameters).

    Features
    • It DOES NOT use grid strategy.
    • It DOES NOT use Martingale.
    • It DOES NOT use hedging and arbitrage.
    • Handy risk calculation system.
    • Works with 4 and 5 digits brokers.
    • Automated twenty-four-hour operation (disabling on news is not required).
    • Built-in system of fast capital recovery.
    • Positive results of long backtesting of the strategy (from 1999 to our days) including quotes with 99% quality.
    Recommendations
    • 5 digit ECN and STP account with average spread on EURUSD not exceeding 20 points.
    • Deposit: $200.
    • Leverage from 1:50-100 (depending on expected risks).
    Parameters
    • Trailing — enable/disable Trailing profit (it starts when an order reaches 80 points of profit).
    • Risk — calculation of a trade size (lot) which depends on a deposit size in % (maximum amount you are ready to risk in one trade, as percentage of the deposit).
    • FixLot — fixed size of a trade (does not depend on the deposit size). The parameter is activated when Risk=0.
    • AutoGMT — enable/disable automated determination of your broker's time offset comparing to GMT (your broker's time offset must be set manually to test it in the strategy tester!).
    • Allowed orders per strategy — the maximum number of orders to be opened by each strategy.
    • SummerGMT — your broker's summer time offset comparing to GMT (the parameter is activated when AutoGMT=false).
    • WinterGMT — winter time offset comparing to GMT (the parameter is activated when AutoGMT=false).
    • ShowIndication — show indication on the chart.
    • MagicNumber — ID number of the EA's orders (each algorithm uses its own ID number as follows: MagicNumber+(algorithm number). For instance, if MagicNumber = 1000, ID number of the first algorithm will be 1000+1=1001, for the second - 1000+2=1002 and all the way to 4)
    • EAComment — comment for the EA's orders.
    • RecoveryMode — fast capital recovery mode. ATTENTION! Test this function in the strategy tester before using it!
    • MaxSpread — maximum allowed spread for opening orders.
    Live trading results
    • EURUSD only - You are not allowed to view links. Register or Login
    • GBPUSD only - You are not allowed to view links. Register or Login
    • EURUSD and GBPUSD - You are not allowed to view links. Register or Login

    cyrus-ea-lite-screen-3676.png cyrus-ea-lite-screen-1844.png cyrus-ea-lite-screen-3150.png cyrus-ea-lite-screen-9578.png

     
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