EA Ambrosia MT5

Overview of EA Ambrosia MT5

EA Ambrosia MT5 is a versatile trading robot designed to capitalize on various price levels and trading strategies. This expert advisor is particularly known for its ability to trade multiple significant levels in price, making it a robust tool for both novice and experienced traders.

Key Features

Enters trades using different price levels with 26 entry conditions.

Trade entry options include R1, R2, R3, S1, S2, S3, Fibonacci points (0.23, 0.38, 0.5, 0.68, 0.78), Fibonacci Zone, Institutional/Quarter Point levels (000, 200, 250, 500, 750, 800).

Optional function to filter entries by different timeframes trend.

Multiple ways to control and manage trades, with or without grids.

Compliant with the FIFO rule.

Equity limits and alerts.

Wide spread and slippage protection.

Drawdown reduction function.

Automatically adjusts Fibonacci direction according to price action.

Customizable line types, colors, and styles for on-chart indicators.

Recommendations

Pairs: No Grid - EURGBP, Grid - GBPUSD.

Timeframe: No Grid - 1HR, Grid - 15M.

Account: Reliable ECN broker with a minimum of $1500 and 1:500 leverage for grids, and a minimum of $100 for non-grid settings.

Input List

Entry Condition

Filter Using Trend

Trend Timeframe

Line Mode

Line Length

Show Central Pivot Range

Show Fibonacci Levels

Show Pivot Points

Show Labels

Show Prices

Show CPR Rectangles

Show On Chart Panel

Draw BE Line

BE Line

Allow Hedge Trades

Allow New Cycle

Max Spread

Max Slippage

Max Lot Size Allowed

Max Buy & Sell Trades Allowed

Only Open Trades Above Free Margin

Close Trades If Equity Drops Below

STOP Trade Before Weekend

SKIP Monday Market Open

Limit Trade Hours

Start Hour

Stop Hour

Base Lot

Multiplier

Stop Loss - In pips

Take Profit - In pips

Auto Money Management

Auto Risk Percent

Use Grid

PipStep Method

Dynamic Step Timeframe

ATR Period

IF Fixed Pipstep

Use Trail Take Profit

Use Trailing Stop

Trail Start From

Move Trail Stop To

Trail Step

Use Auto Close

How Much Profit

AutoClose Mode

Multiply Profit By Open Trades

Use DD Reduction

Reduce After

Amount To Function

000 Style

000 Width

000 Color

200/250 Style

200/250 Width

200/250 Color

500 Style

500 Width

500 Color

800/750 Style

800/750 Width

800/750 Color

Central Pivot

Central Pivot Range

CPR Rectangles

CPR Line Style

CPR Line Width

Pivot Points Style

Pivot Points Width

Support

Resistance

Fibonacci Style

Fibonacci Width

Fibonacci 0

Fibonacci 23

Fibonacci 38

Fibonacci 50

Fibonacci 61

Fibonacci 78

Fibonacci 1

Conclusion

EA Ambrosia MT5 is a comprehensive trading tool that provides traders with a multitude of options and settings to optimize their trading strategies. Its ability to adapt to various market conditions and its extensive customization options make it a valuable asset for any trader looking to enhance their trading performance. 🌟📈