bhushansky
Well-Known Member
Blazar is a fully automated trading system on the most popular major currency pairs: EURUSD, GBPUSD, USDJPY M5. It's pure Price Action mean reversal system that exploits peakedness of market distribution to safely identify trend reversals
Every trade is protected by Stop-Loss
The EA can work in 2 modes:
Features
Currency pairs: EURUSD (default settings), GBPUSD, USDJPY
Set-files can be found here: https://www.mql5.com/en/market/product/37795
Live signals:
Input Parameters
Every trade is protected by Stop-Loss
The EA can work in 2 modes:
- Normal Mode - trading classics: 1 signal = 1 trade. No martingale, grid or hedging is used
- Recovery Mode - the EA will recover faster during drawdowns using several averaging trades, which gives more comfortable growth curve
Features
- Stable growth curve as a result of a high percentage of winning trades
- Stress-tested on all available history, six-month live signal
- Automatic GMT adjustment
- The minimum deposit: $50 for Normal Mode and $300 for Recovery Mode
- Easy setup and use
Currency pairs: EURUSD (default settings), GBPUSD, USDJPY
Set-files can be found here: https://www.mql5.com/en/market/product/37795
Live signals:
- Recovery Mode, EURUSD, default settings, min. deposit: https://www.mql5.com/ru/signals/564057
- Normal Mode: https://www.mql5.com/en/signals/648838
- 3 pairs, recovery mode: https://www.mql5.com/ru/signals/616029
Input Parameters
- StartLotSize - proportional lot size if EnableAutoLot is set to true and fixed lot size in case EnableAutoLot is set to false
- EnableAutoLot - trading lot will increase with an increase in your account's balance
- FundsForAutoLot - here you can set the amount of balance to be used for every StartLotSize if EnableAutoLot is set to true. E.g. FundsForAutoLot=1000 and StartLotSize=0.05 means that for every $1000 there will be 0.05 lots opened (0.5 for $10000 and so on)
- MaxLotSize - set the max. allowed lot size if you don't want the lot size ever to exceed this value
- SpreadFilterPips - if the spread is bigger than the value specified here, the trade won't be opened
- MaxSlippagePips - works only for Instant live accounts (not ECN). Set here what maximum slippage you can take on your Instant account
- GMT/DST_Offset_Auto - if true, the EA will try to find the correct GMT offset of your broker automatically. You must allow requests to
(Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL).
WorldTimeServer.com: Current Local Time and Date in any Zone
World Time Server shows current local time and date in cities and countries in all time zones, adjusted for Daylight Saving Time rules automatically.www.worldtimeserver.com - GMT_Offset(winter)_Manual - set your broker's time zone (in winter)
- DaylightSavingTime_Manual - if your broker uses daylight saving time, set this to Europe or US and EA will automatically adjust itself
- HourToStart - hour of the day at which Blazar will start to look for trading opportunities
- HourToStop - hour at which Blazar will stop to look for trading opportunities
- DaysOfWeek - day of the week at which Blazar will be allowed to trade. E.g. 234 means 2nd, 3rd and 4th days of the week
- DisableHolidays - not to trade during New Year holidays
- PriceChannelPeriod - period of the price channel
- EnableTrendFilter - set to true if you want to avoid risky trades during periods of trending markets
- TrendFilterPeriod - period of the trend filter used by Blazar
- EnableVolatilityFilter - set to true if you want to avoid risky trades during periods of high volatility
- OrderTakeProfitPips - the size of Take Profit in pips (1 pip = 10 points)
- OrderStopLossPips - the size of Stop Loss in pips (1 pip = 10 points)
- EnableTradeDuration - set to true if you want to limit position holding time
- TradeDuration - set the maximum position holding time, in bars
- AvgMaxTrades - maximum number of averaging trades
- AvgMultiplier - averaging coefficient
- AvgStepPips - step in pips between averaging trades
- AvgCustomSettings - custom averaging coefficients, separated by commas
- BasicMagicNumber - add Magic number to trace trades you made with this EA. It must be less than 99999
- TradeComment - add any comments to your trades
- It is recommended to use default values for all parameters (except GMT offset if your broker uses different time zone). Test any changes thoroughly before running EA on a live account.
