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 nicely 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 all the time follows the pattern, 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 may be opened (in keeping with the person’s selection).
Under is the backtest of this EA with default settings (mounted tons) from 01/01/2025:
Necessities:
- Dealer: any (works accurately with all brokers)
- Leverage: any (the % threat per order is revered whatever the leverage)
- Pace of execution: any (this technique just isn’t affected by a sluggish server)
- Maximal unfold: as all the time, the decrease the spreads, the higher
Please be aware:
- 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 probably 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. Under is the checklist of EA settings with explanations.
-====Basic settings====-
Dealer prefix (if obligatory): just for brokers who use prefixes. For instance, kind m for mEURUSD
Dealer suffix (if obligatory): 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. Nonetheless, orders may be closed/modified even outdoors of the established time if no less than 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 (typically for crypto buying and selling)
Sunday (crypto): alerts & buying and selling on Sunday (typically 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====-
Enable buying and selling: if false, solely alerts are operational. Additionally it is attainable to keep in mind purchase orders or promote orders solely.
Magic quantity: should be distinctive if different EA are operating
‘Max open orders’, ‘Max % misplaced/day’ and ‘Max % win/day’ are calculated from the magic quantity. For instance, when you’ve got 3 EAs with the identical magic quantity, the overall variety of orders opened would be the sum of the orders opened in these 3 EAs.
Enable 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 may be opened. It’s higher to have smaller tons for added orders than for important 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 following day (if 0, no max)
The calculation is predicated on account steadiness + open orders advantages. To be able to velocity up the backtests, the calculation is finished 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 following 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 % steadiness
Fastened tons measurement: lot measurement per order (if ‘Use cash administration’ is ‘false’)
Fastened tons measurement (additionnal orders): lot measurement per additionnal order (if ‘Use cash administration’ is ‘false’)
It’s higher to have smaller tons than for important orders.
Lot measurement in %: % steadiness per order (if ‘Use cash administration’ is ‘true’)
Lot measurement in % (additionnal orders): % steadiness per additionnal order (if ‘Use cash administration’ is ‘true’)
It’s higher to have smaller tons than for important orders.
