• Overview
  • Reviews (7)
  • Comments (37)
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Incentive

Incentive is a scalper robot.

The strategy is based on breakout/rebound from consolidation prices. The Expert Advisor does not trade often.

It is recommended to use 5-digit quotes, a 5-minute timeframe and low-spread trading instruments. Metals are not suitable for trading, because the strategy cannot determine their price consolidation.

🔎Originally, the EA was developed for the following trading instruments: EURUSD 5m and GBPUSD 5m.

It is recommended to select the above pairs.

The EA sets stop loss and take profit. In addition, it is possible to set order closure upon reaching the specified number of points (the Take profit points parameter), not waiting for the stop loss or take profit to trigger.

It is possible to enable averaging orders using the "Enable Martingale" option.

Settings

  • Comment to order - a comment to orders;
  • MaxRisk - maximum risk value;
  • if MaxRisk = 0, Lot will be - if MaxRisk = 0, this lot will be used;
  • Enable Martingale - enable the Martingale system;
  • Step between orders - step between orders;
  • Multiplier - multiplier for averaging orders.
  • Take Profit - take profit;
  • Stop Loss - stop loss;
  • Take profit points - profit points to close positions;
  • Max Spread - maximum spread limit.
  • Slippage - slippage.
  • Magic - order ID;
  • ShowInfoPanel - show/hide information panel;
  • BackColor - the background color of the information panel;
  • TextColor - the text color of the information panel.
Reviews 7
Waleed Almutairi
311
Waleed Almutairi 2017.11.29 09:02 
 

first evaluation of the product and support

Aceman123
978
Aceman123 2017.10.31 12:28 
 

Great EA. Try it out, you won't be disappointed.

Stanislav Sarbey
240
Stanislav Sarbey 2017.10.27 21:25 
 

Всем советую. Очень хороший робот.Спасибо Евгений.

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The EA is developed for binary options trading using signals of the Double Bit Signals indicator. The main trading principle of the EA involves bouncing from channel levels and several types of filtering Expert Advisor Settings Trading - trading setting. MagicNumber - orders' ID. Allows several robots to trade on one account simultaneously. Slippage (points) - maximum allowed price slippage. Measured in points. 100 by default (correction is not required). Number of attempts to open an order - nu
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SciBit Trend Trader
SciBit
Trend Trader (TT) was developed as a solid, robust, flexible and fully automated trend strategy EA trader with build-in money -, risk - and trade management. In short, TT allows you to pick a long and short timeframe. It will then use any combination of 12x Trend indicators on the long timeframe and 13x Signal indicators on the short timeframe to determine if conditions are good for trading. Which of the 12 and 13 indicator sets you use and in which combination is completely up to you. On top of
2 999 USD
Nice Forex Pro
Phong Vu
This Expert Advisor is based purely on Price Action. This system does not use indicators, martingales or hedge management. It is based only on price action and is not stuffed with a lot of filters. The EA does not need any kind of hard setup and is ready to work with multiple symbols and H4 timeframes. The EA work and backtest results are available for the period January 15, 2010 up to present. Features Used for 5-digit MetaTrader 4. Great results for 2 pairs (EURUSD H4, GBPUSD H4). It is also
2 500 USD
Reward for Effort
Aleksandr Karvas
About the System: Reward for Effort is an automatic trending system based on proprietary methods of trend identification simultaneously on 5 timeframes: M1, M5, M15, H4, D1. Reward for Effort is provided by the proprietary 15 speed dynamic trailing stop mechanism, which is able to give control to the adjustable Parabolic SAR indicator, which receives data from the active working time frame D1. Primarily, the first order is modified only then the control is passed on Parabolic SAR. If Parabolic S
3 500 USD
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SmartWork MT5 Free
Evgeniy Zhdan
⚡ The automated trading system determines the direction of the trend in accordance with the author's algorithm for determining wave movements. The EA processes each trend movement with a grid of market transactions in the direction of the trend. This is a demo version of the EA. Trades the minimum lot set by your broker. The full version of the EA is available here: //www.tbxfkj.com/ru/market/product/54335 ⚡ To minimize drawdown, the trading robot uses opposite buy and sell-grids of deals
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PriceAction Finder
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Non trading Expert Advisor PriceAction Finder The Expert Advisor searches for PriceAction formations (pin-bars and bullish/bearish engulfing) simultaneously on 4 timeframes. When any such figure appears, the EA generates an Alert indicating a trading instrument and timeframe at which this figure has formed. You can set this Expert Advisor to run on all currency pairs (or metal/indices) and track all Price-Action signals. Expert Advisor Setup: TF1 - the first timeframe TF2 - the second timeframe
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Opposition 2
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Opposition 2.7 is a multi-currency "Set and Forget" Expert Advisor. The only thing you need to do is to increase the lot size every now and then as the deposit grows. The Expert Advisor places orders for multiple currency pairs at the same time in accordance with the set unique algorithm. Orders are closed when a certain profit level is reached. The Expert Advisor allows for averaging. The total number of orders must not be more than 8. The Expert Advisor is intended to be used for МetaТrader 4
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AlertCross3MA
Evgeniy Zhdan
This indicator represents a trading system that is based on 3 moving averages. When a crossover of all three moving averages occurs, the indicator gives an alert and displays a big arrow in the trend direction. When a crossover of two fast moving averages occurs, the indicator gives an alert and displays a small arrow in the microtrend direction. Periods of moving averages and alert parameters can be adjusted in the indicator settings. The indicator can be used as a standalone trading system, as
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Buy and sell zones
Evgeniy Zhdan
The indicator defines the market status. If the price is below any of the two histograms and two lines (red and blue), this is the sell zone. If the price is above any of the two histograms and two lines (red and blue), this is the buy zone. If the price is between the two lines or within the borders of any of the two histograms, the market is flat. See the screenshots for better understanding.
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SuperTrend
Evgeniy Zhdan
The Supertrend Expert Advisor The Supertrend Expert Advisor with averaging elements. It has been developed during three months until I finally got good results. It is not a scalper. The minimum balance to start trading - 100 $. Is automatically adjusted to the 4 and 5-digit prices. Has an efficient risk management system. The lot and limit on the maximum lot is automatically calculated based on the settings specified in the EA. As a result, you have a complete automated trading system. Download
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Vinetu
Evgeniy Zhdan
Recommended settings: for every $100 - 0.01 Lot. For aggressive trading lot can be increased (selected during tests). Other settings are default. The EA is set to work with 5-digit quotes. To work on 4-digit quotes, take-profit size should be divided by 10. Averaging is used. Increase of lot of averaging orders (the Martingale System) can be enabled, however, is not recommended due to increased risk. The default settings are appropriate for EURCHF, TF - M15. However, the Expert Advisor can work
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MultiMACD
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MACD of timeframes from M1 to D1 in a single window od one chart. The first time frame (counting from right to left) shows the values of the standard MACD indicator on the current timeframe (the timeframe of the running chart), then the indicator values on other timeframes is shown (in the timeframe ascending order). Adjustable parameters of the indicator: FastEMA - the period of the fast MA; SlowEMA - the period of the slow MA; Signal - the period of the signal MA. Description of the MACD i
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Closers
Evgeniy Zhdan
Closers – Full Control Over the Deposit Closers Expert Advisor controls the overall account status and closes ALL market orders on the account when certain conditions occur. The trading robot closes ALL orders on the account in the following cases (by profit): Close ALL orders by a total profit on the account in monetary terms . For example, suppose that the settings specify that positions should be closed when profit of 100 is reached. In this case, the Expert Advisor closes all market orders w
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WarmSea
Evgeniy Zhdan
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Nikta
Evgeniy Zhdan
Nikta is an indicator displaying the market situation. It works on timeframes from M15 to H4. Colored lines means the following: Lime - acceleration of the price upward movement; Green - steady upward movement; Yellow - undefined state, trades are not recommended; Magenta - acceleration of the price downward movement; Red - steady downward movement; Deep Pink - trend direction on a timeframe specified in the TimeFrame parameter. The indicator represents a full-featured trading system which can
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Roller
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Stardust
Evgeniy Zhdan
StarDust searches for divergences in the values of several indicators considering them as signs of flat and enters the market if a relatively steady trend is detected. The Expert Advisor trades "basic" symbols with a low spread. The best results are achieved on М15. The EA automatically adjusts to 4 and 5-digit quote flows. Settings Comment_to_orders – comment to a placed order. The field can be left blank if no comment is required. MM – enable money management with automatic setting of a work
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Argolis
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Strategy If a certain number of candles in a row (candles parameter) has bigger size than specified in distance parameter, the EA understands that the market is highly volatile and starts working. Filling is applied. Filling step is set in points in Step parameter. Recommended timeframe is Н1, works with major currency pairs. Orders are closed by total profit in points. Settings candles — number of candles in a row. Each candle should exceed or be equal to distance parameter; distance — distan
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Top Floor
Evgeniy Zhdan
The EA catches the price when it moves against the trend in an effort to open an order in an opposite direction (direction of the main trend). Screenshots illustrate examples of entries and the strategy gist. The EA uses stop losses depending on values of ATR. Settings: Lot_ - if Risk_ = 0, the EA will trade this lot; Risk_ - risk per one trade. Stop loss is taken into account; koeff_ATR - coefficient multiplied by the ATR value to calculate stop loss (the bigger the value, the bigger stop los
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FastBoom
Evgeniy Zhdan
The FastBoom EA finds the most probable points of price pullback/reverse and places an order. It places averaging orders if the price moves further against take profit. Settings of the EA: Lots - initial lot; LotExponent - multiplier for following orders (Martingale). 1 - no multiplier. TakeProfit - take profit in points; Stochastic Settings InpKPeriod - K Period of Stochastic InpDPeriod - D Period of Stochastic InpSlowing - Stochastic Slowing LevHigh - level for sell positions of Stochastic
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Mask
Evgeniy Zhdan
The EA determines a relatively wide amplitude of price movement (distance parameter) in points during several previous bars (count_candle parameter) in order to enter against such a strong movement and gain profit on a small rollback. For example: count_candle = 9, distance = 150. If from the Low of a candle to the 9th candle inclusively, supposing that there are over 150 points from the Low of the 7th candle to the current price, the EA will open a trade with take profit (TakeProfit parameter
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Grader
Evgeniy Zhdan
This is a trend expert advisor. It enters the market following the trend and uses averaging if the price moves in an opposite direction. The EA can work on all trading instruments and timeframes. Default settings are optimized for GBPUSD, H1. The EA uses Martingale (which can be disabled). It it a pretty risky tool. We recommend to withdraw profit and avoid trading during strong currency movements (crisis, global disasters, devaluation, unstable prices for natural resources, etc.). The EA works
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Plumbum
Evgeniy Zhdan
Plumbum This is a grid Expert Advisor. It detects the most probable points of stop/pullback/reverse of a trend and places a grid of limit orders. Uses the Martingale system. Uses stop losses. That is why long waiting out for unprofitable positions is out of the question. Optimize the EA on open prices (it works with open prices) Settings: CommentToOrder - comment to orders; start_lot - initial lot; distance - distance between limit orders in points; level - number of pending orders; multiplier
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DivergenceTrade
Evgeniy Zhdan
The Expert Advisor calculates the double/triple divergence of volumes, and starts trading. It uses a unique formula of lot calculation, which greatly improves stability of trading. Recommended TF - 1h. Currency pair - EURUSD , but the EA can be used on any trading instruments which are not subject to high volatility. Settings mode - trading direction can be set manually; close - order close level (details on the screenshot); Step between orders - step between orders in points; Maximum orders -
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OrderOnLine
Evgeniy Zhdan
The Expert Advisor opens orders from the horizontal line, the a trader can set on any level by dragging using the mouse or by changing the line properties. For example, when a horizontal line is above the current price, the EA will open a Buy order once the horizontal line is reached. And vice versa: If the line is below the current price, the EA will open a sell order once the line is crossed. A buy crossover of the line is: opening of the current candlestick below the horizontal line; the curr
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TradesOnLine
Evgeniy Zhdan
The EA opens orders basing on trend lines which are handled by a trader. When launched, the EA draws two trend lines: green line for BUY orders and red line for SELL orders. Operational algorithm: the trader has launched the EA and plotted a trend channel. In this case the EA will be opening orders every time the trend line is touched/broken through. It uses stop loss and take profit. You can enable TrailingStop. Settings: dist - distance up and down from the current price when lines are prima
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Caretaker
Evgeniy Zhdan
This is a trend following Expert Advisor (MACD based filter) using RSI crossing the overbought/oversold levels. Pairs used: EURGBP, GBPCHF. Timeframe - M15. Recommended initial deposit: $10,000 (or 10,000 cents) Settings: Comment_to_order; Lots - initial lot; Take_Profit; LotExponent - a multiplier of additional orders; TF_for_MACD - timeframe for MACD based filter, current by default; FastMACD; SlowMACD; SignalMACD; RSI_Period; Slippage; MagicNumber - magic number; MaxOrders - the maximum num
14 USD
Electroheart
Evgeniy Zhdan
The Expert Advisor is a trend scalper. Financial instruments with low spread are required for proper operation. The EA is to spread widening. If the spread is above MaxSpread, the EA will not open an order. The Expert Advisor automatically detects 4- and 5-digit quotes. It sets Stop Loss and Take Profit. The EA has a built-in trailing stop function. The Expert Advisor is optimized for working with ECN accounts. Orders are opened with a zero Stop Loss and Take Profit. Once an order is opened, the
1 295 USD
Nexus
Evgeniy Zhdan
The Expert Advisor is based on the modified Bill Williams' strategy. Trades are opened in the trend direction recognized using MACD. A very tight stop loss. No averaging. No position increase. No martingale. Recommendations: EURUSD, H1. However, it can also be applied for other instruments. The strategy is very simple: Signal -> Opening an order -> Modification of SL and TP -> Closing the order at the next candlestick or by take profit. The EA is automatically adjusted for 4 and 5 digits quotes.
18 USD
Wishmaster
Evgeniy Zhdan
The Expert Advisor is based on the grid principle. Uses the martingale system. Every order is equipped with stop loss. Orders are closed based on the total take profit, breakeven or trailing stop. Autolot calculates the trading lot size as 0,01 lot per 1000 units of the deposit. Automatic adjustment to 4 and 5 digit quotes. Settings Enable AutoLot - enable Autolot; if Autolot = false, it is first Lot - lot size if Autolot is disabled; TakeProfit in Points - take profit level in points for cl
95 USD
IceQueen
Evgeniy Zhdan
The Expert Advisor calculates buy and sell zones by a symbol volatility. The EA's sensitivity depends on the Mult_Factor parameter - the higher, the more accurate a market entry. The EA checks two more filters and opens an order in buy/sell zones (or skips it). If the price moves in an unfavorable direction, the EA places averaging orders according to its algorithm. The best results are shown on M15. Not too volatile symbols with a low spread are recommended. It would be reasonable to launch the
65 USD
SellerATR
Evgeniy Zhdan
The Expert Advisor only sells. Recommended currency pairs : EURUSD; GBPUSD; USDCHF; USDJPY; USDCAD; AUDUSD; EURGBP; EURAUD; EURCHF; EURJPY; GBPCHF; CADJPY; GBPJPY; AUDNZD; AUDCAD; AUDCHF; AUDJPY; CHFJPY; EURNZD; EURCAD; CADCHF; NZDJPY; NZDUSD. Timeframe: H1. Percent% manages closing both loss-making and profitable deals based on the account overall status. Using the EA on 23 symbols mentioned above allows the robot to cope with the drawdown in case of a long trend. While positions on some pairs
125 USD
Amaranthine
Evgeniy Zhdan
The strategy of the Expert Advisor is based on identifying the volume divergence and price consolidation within certain ranges. Recommended for: EURUSD M15; USDJPY M15. Settings Lot, if Risk = false - if Risk = false, this lot size will be used; Risk on/off - enable money management; Risk Percent - risk percentage; Take Profit - Take profit level; Stop Loss - Stop loss level; Comment to order - comment to open orders; Magic Number - magic number to distinguish EA's own orders; Slippage - maxim
245 USD
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Hongjun Yu
1896
Hongjun Yu 2017.10.22 15:44 
 

今天刚租用,到月底看结果,先给5星评价

Stanislav Sarbey
240
Stanislav Sarbey 2017.10.27 21:25 
 

Всем советую. Очень хороший робот.Спасибо Евгений.

Aceman123
978
Aceman123 2017.10.31 12:28 
 

Great EA. Try it out, you won't be disappointed.

Waleed Almutairi
311
Waleed Almutairi 2017.11.29 09:02 
 

first evaluation of the product and support

nikad666
44
nikad666 2018.11.07 21:08 
 

After downloading the demo and testing it with MT4 and 90% data quality from histdata, I have purchased this EA for 890$.

As stated by the deveoper/author I have used it with default settings for EURUSD and GBPUSD on my live account with 4000$ balance.

Fist two orders made some profit (50 point each), but the third order has hit the SL with 300 points.

This was the point where I've stopped AutoTrading.

Afterwards I've downloaded the Tick Data Suite (2 weeks trial version) and have downloaded EURUSD historical data from Dukaskopy.

Performing several tests with different settings, the EA was in NONE OF THOSE TESTS profitable.

All tests were running for more than one year and data quality was 99.9%.

In the comments section I've asked other people, who purchased that EA, to share their settings if they make money with this EA ...

"Does anyone use it for more than 6 months and made some profits?

If yes, PLEASE share your settings.

Just in case nobody would reply to my comment within the next two weeks, it would be a kind of confirmation that there are no profitable settings.

In this case, after loosing more than 1000$ for purchase and trading losses, after getting no chance to earn the money back, there would be no reason to give a rating higher than the possible minimum and writing an appropriate review."

NOBODY replied!

Even the developer gives a sh*t and does not comment!!!

Jerry Wu
385
Jerry Wu 2018.08.31 19:52 
 

This trading adviser is so bad that I don't even want to give it a single star.

[Deleted] 2019.12.31 08:43 
 

User didn't leave any comment to the rating

Reply to review
Version 6.0 2018.09.09
Increased the speed of the trading robot
Version 5.0 2018.08.26
Increased the speed of the adviser.
Version 4.5 2018.08.23
The logic of the trading algorithm is improved. Fixed minor flaws.
Version 4.0 2017.11.17
Introduced the Martingale system. Added the following input parameters:
Enable Martingale - enable the Martingale system.
Step between orders - step between orders.
Multiplier - multiplier for averaging orders.