- Colossus EA’s MT5 default settings are a able to commerce technique for EURUSD on M5 timeframe, specifically optimized for ECN Uncooked Unfold ICMarkets accounts (New York primarily based GMT+3 time zone servers). Different brokers or account varieties could also be used, however you could want to check Colossus EA MT5 and make any crucial time changes to suit your dealer/account. Earlier than you check or commerce the Colossus EA MT5 you have to change these settings: Purchase Cease Distance in Factors: 70 and Promote Cease Distance in Factors: 30. Default settings have been crucial so as the Colossus EA MT5 to move the MQL5.com Market validation check.
Colossus EA MT5 is extremely delicate to buying and selling situations, emphasizing the significance of choosing the precise dealer and account kind for profitable testing of the technique within the technique tester. It’s extremely beneficial to make use of an IC Markets Uncooked Unfold (ECN) account or an equal ECN account from different respected brokers, such because the Razor Pepperstone account, Tickmill PRO account, or XM Zero account. Even when you observe promising leads to your MT5 technique tester assessments, I strongly suggest initially buying and selling Colossus EA MT5 on a demo account earlier than transitioning to a small actual account. Progressively growing your stability as optimistic outcomes are confirmed can be suggested.
Discover: You should regulate Colossus EA MT5 Begin Time and Finish Time settings accordingly, earlier than you check or commerce with it! Buying and selling hours are optimized for ICMarkets GMT+3 summer season (GMT+2 within the winter), so you want to make the mandatory changes to suit the server/Marketwatch time of your dealer.
In case your dealer operates on GMT+0, as an example, regulate the Colossus EA MT5 buying and selling hours 3 hours earlier for testing. For instance you’ll need to alter them from:
Begin Time: 09:00
Finish Time: 22:00
Begin Time: 06:00
Finish Time: 19:00
Yow will discover the Colossus EA MT5 set information, together with detailed directions and recommendation on the backside of this information.
Right here you’ll be able to see the beneficial setup for the Settings tab of the MT5 technique tester.
Recommendation: None of my EAs are miracle merchandise able to predicting the market. As an alternative, they’re trustworthy, well-coded skilled advisors designed to win greater than they lose. They don’t make use of martingale or grid methods, which implies their outcomes will not persistently present an upward revenue curve; there could also be ups and downs. Success with them requires endurance and self-discipline. My normal suggestion is to check all of the offered set information in your technique tester. When you uncover any attention-grabbing outcomes, contemplate making a purchase order. I frequently optimize all my EAs and launch new set information twice a yr. Moreover, on the finish of every month, I assess the efficiency of all of the offered set information and provide new solutions primarily based on the symbols which have carried out the very best during the last 2-3 months. I counsel you to commerce solely with the best-performing set information, limiting your danger to 1% or 2% per image, relatively than utilizing all of them.
Warning! When you plan to commerce only one of the offered set information, you can depart the Threat % per commerce to the default 5%, however if you want to commerce all set information, I strongly recommend to place the Threat % per commerce to 1% – 2% per image.
✔️ Colossus EA MT5©: https://www.mql5.com/en/market/product/64856