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 effectively since 2020 on the next symbols:
CADCHF EURJPY NZDCHF USDCHF USDJPY GBPJPY
The Multisymbol EA is predicated on worth motion, indicators (transferring averages, RSI, MACD and others) and at all times follows the development, avoiding market noise. It additionally performs an entire orders administration primarily based on market actions. Lastly, for every image, when an open order is worthwhile, a brand new order for a similar image might be opened (based on the person’s alternative).
Beneath is the backtest of this EA with default settings (mounted tons) from 01/01/2025:
Necessities:
- Dealer: any (works appropriately with all brokers)
- Leverage: any (the % threat per order is revered whatever the leverage)
- Pace of execution: any (this technique will not be affected by a sluggish server)
- Maximal unfold: as at all times, the decrease the spreads, the higher
Please observe:
- The Timeframe of the chart doesn’t matter, the EA will take the orders whatever the Timeframe.
- No must 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 situations to do backtests:
- CADCHF, EURJPY, NZDCHF, USDCHF, USDJPY and GBPJPY should be current within the Market Watch of MT5 (no orders will likely be opened on absent symbols).
- Within the ‘Image’ checklist of the ‘Settings’ tab, choose ‘CADCHF’, ‘EURJPY’, ‘NZDCHF’, ‘USDCHF’, ‘USDJPY’ or ‘GBPJPY’.
Detailed options are described on the product web page. Beneath is the checklist of EA settings with explanations.
-====Basic settings====-
Dealer prefix (if needed): just for brokers who use prefixes. For instance, kind m for mEURUSD
Dealer suffix (if needed): just for brokers who use prefixes. For instance, kind m for EURUSDm
Use Timer: outline buying and selling days and hours
Orders will solely be opened on buying and selling days. Nevertheless, orders might be closed/modified even exterior of the established time if at the least 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, if in case you have 3 EAs with the identical magic quantity, the full variety of orders opened would be the sum of the orders opened in these 3 EAs.
Permit extra orders: opens extra orders when an order is worthwhile
Relying on the image for which the order is worthwhile, as much as 3 extra orders for a similar image might be opened. It’s higher to have smaller tons for extra orders than for primary orders (see tons 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 subsequent day (if 0, no max)
The calculation is predicated on account stability + open orders advantages. So as to pace up the backtests, the calculation is completed each hour throughout backtests, as an alternative 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 subsequent day (if 0, no max)
Similar 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 measurement in % stability
Mounted tons measurement: lot measurement per order (if ‘Use cash administration’ is ‘false’)
Mounted tons measurement (additionnal orders): lot measurement per additionnal order (if ‘Use cash administration’ is ‘false’)
It’s higher to have smaller tons than for primary orders.
Lot measurement in %: % stability per order (if ‘Use cash administration’ is ‘true’)
Lot measurement in % (additionnal orders): % stability per additionnal order (if ‘Use cash administration’ is ‘true’)
It’s higher to have smaller tons than for primary orders.