Metatrader Expert Advisors for Cryptocurrencies.

Metatrader Expert Advisors for Cryptocurrencies.

Hope is not a strategy. Trading profitably requires a steady and statistical approach.

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Backtested, Forward tested, and actually used.

The following strategies have been statistically designed, tested, and used with real money. All the trade rules and settings are provided transparently for free. They are available as Expert Advisors for those interested in automated algorithmic trading on Metatrader.

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Design criteria

Backward, forward, and demo test
High Profit factor
Non repainting
No reliance on leverage
Closed bars only
No curve fitting of parameters
Multi Time Frame Robustness
Can absorb large market blows
Imperfect entry ok
Automated strategy
Script stability
Frequent trade entries



the author
Mark Evans
Trader|Programmer

Frequently Asked Questions


Frequently Asked Questions

An Expert Advisor, or 'EA' as it's often called, is just a coded set of instructions on how to trade. So it's the rules of strategy coded in Metatrader's programming language called 'MQL4' or 'MQL5'. A basic example would be instructions to place a BUY trade once a week on a Monday morning. The EA script is loaded onto a chart in Metatrader (on ETHUSD for example), fill out the settings, then it will run automatically.

The averaging strategy on this site of course! It's great because of its robustness at handling wild market volatility. It's actually designed to profit from volatilty. Many strategies on the internet are trying to predict a perfect condition to place a trade order, but no one can predict the future so this often fails in the long run. The 'Averaging' strategy on this site doesn't need to predict anything. It just uses the overall market sentiment which for cryptocurrencies is sideways/upward, then it keeps placing small orders until a profit is made. When the market goes down, it just buys at a better price which is a good thing. The live results speak for themselves!

The wrong EA can be a complete waste of money. Avoid EA's that only have backtests but no live trading results. Backtests are just a guide and have some issues with data integrity, so don't give perfect results. Backtests are also very prone to over optimisation which means software was used to test 1000's of combinations of settings until really great profitability is achieved. This will fail in the live market. Over-optimisation can either be because lack of knowledge by the EA creator, or done maliciously to mislead the prospective buyer. A backtest only has some meaning if settings are created for say Jan to Sep, then forward tested on Oct to Dec. If both pass, it has some statistical robustness. Another robustness test is to run it in reverse chronolical order over a few months, so the software simulates reversing time. The EA available on this site was designed with backtesting, forward testing, reverse testing, and finally live market testing.

An Expert Advisor, or 'EA' as it's often called, is just a coded set of instructions on how to trade. So it's the rules of strategy coded in Metatrader's programming language called 'MQL4' or 'MQL5'. A basic example would be instructions to place a BUY trade once a week on a Monday morning. The EA script is loaded onto a chart in Metatrader (on ETHUSD for example), fill out the settings, then it will run automatically.

They're quite robust. Robustness comes from removing sensitivity to assets and timeframes, and design principals that reflect actual trading conditions. Examples include non-repainting, closed bars, no over-optimising, ability to take market blows, and script stablity. The EA available on this site was designed with backtesting, forward testing, reverse testing, and finally live market testing.

I'm a professional programmer and have been forex trading for 5 years. Actions speak louder than words, so I offer full transparency and live trading results.

No. We stay aware of curve fitting data. The strategies are robust meaning not overly sensitive to input changes. An over-optimized strategy fails hard with changes in inputs.

Yes. However we ask that you properly forward test on atleast a demo account for 2 months first.

Yes they are, but only if they've been tested on the real market - not just backtesting. The EA available on this site was designed with backtesting, forward testing, reverse testing, and finally live market testing.

Montecarlo and 'risk of ruin' calculations. This takes the win rate, average win, average loss then mathematically projects forward say 10,000 trades to determine probabilty of drawdowns.

There is no one-size-fits-all as different timeframes have different volatility ranges. However, you can test new settings with backtesting and forward testing on demo accounts. We advise passing a 12 month backtest, and 2 months on a demo account.

There is no one-size-fits-all as different assets have different volatility ranges and spreads. However, you can test new settings with backtesting and forward testing on demo accounts. We advise passing a 12 month backtest, and 2 months on a demo account. The strategies on this site have been backtested and live tested on ETHUSD, BTCUSD, ADAUSD, DOGEUSD, XRPUSD, DOTUSD.

The 'Averaging' EA on this site is very profitable. The live test results over approx 8 months have resulted in 10%+ per month ROI.

You could, but $100 doesn't give flexibility to use all assets and strategies. The minimum capital is generally closer to $200.

The profitable 'Averaging' EA is only $249. You'll get payback very fast.

Yes. Forex brokers such IC Markets offer cryptocurrencies under the category of 'Digital currencies'. See link here

Yes, but it's worth noting that its a derivative called a CFD, not technically the underlying cryptocurrency. Think of it like a cash equivalent. This is how trade brokers work and it's totally reliable. Forex brokers such IC Markets offer cryptocurrencies under the category of 'Digital currencies'. See link here

IC Markets offers Bitcoin, Bitcoin Cash, Ethereum, Dash, Litecoin, Ripple, EOS, Emercoin, NameCoin, Peercoin, Polkadot, Stellar, Chainlink, Dogecoin, Tezos, Uniswap, Cardano, and Binance coin. See link here

Yes, but it's worth noting that its a derivative called a CFD, not technically the underlying cryptocurrency. Think of it like a cash equivalent. This is how trade brokers work and it's totally reliable. Forex brokers such IC Markets offer cryptocurrencies under the category of 'Digital currencies'. See link here

You can add cryptos by first opening the 'Market Watch' window and right-clicking on it then selecting 'Show all'. Now cryptos will be available to add a chart.

Metatrader 5 can trade some additional assets like stocks. MT5 has some extra tools for backtesting strategies also.