Download Expert Blazar

Blazar is a fully automated trading system on the most popular major currency pairs: EURUSD, GBPUSD, USDJPY M5. It's pure Price Action mean reversal system that exploits peakedness of market distribution to safely identify trend reversals

Every trade is protected by Stop-Loss

The EA can work in 2 modes:

• Normal Mode - trading classics: 1 signal = 1 trade. No martingale, grid or hedging is used
  
• Recovery Mode - the EA will recover faster during drawdowns using several averaging trades, which gives more comfortable growth curve

Both modes are FIFO compliant
Features

• Stable growth curve as a result of a high percentage of winning trades
• Stress-tested on all available history, six-month live signal
  
• Automatic adjustment to the 4 and 5 digit quotes
• Automatic GMT adjustment
• The minimum deposit: $50 for Normal Mode and $300 for Recovery Mode
• Easy setup and use

Timeframe: M5
Currency pairs: EURUSD (default settings), GBPUSD, USDJPY
Set-files can be found here: https://www.mql5.com/en/market/product/37795

Live signals:

• Normal Mode: https://www.mql5.com/en/signals/648838

Input Parameters

• StartLotSize - proportional lot size if EnableAutoLot is set to true and fixed lot size in case EnableAutoLot is set to false
  
• EnableAutoLot - trading lot will increase with an increase in your account's balance
  
• FundsForAutoLot - here you can set the amount of balance to be used for every StartLotSize if EnableAutoLot is set to true. E.g. FundsForAutoLot=1000 and StartLotSize=0.05 means that for every $1000 there will be 0.05 lots opened (0.5 for $10000 and so on)
  
• MaxLotSize - set the max. allowed lot size if you don't want the lot size ever to exceed this value
  
• SpreadFilterPips - if the spread is bigger than the value specified here, the trade won't be opened
  
• MaxSlippagePips - works only for Instant live accounts (not ECN). Set here what maximum slippage you can take on your Instant account
  
• GMT/DST_Offset_Auto - if true, the EA will try to find the correct GMT offset of your broker automatically. You must allow requests to https://time.is/en/GMT and https://www.worldtimeserver.com (Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL).
  
• GMT_Offset(winter)_Manual - set your broker's time zone (in winter)
  
• DaylightSavingTime_Manual - if your broker uses daylight saving time, set this to Europe or US and EA will automatically adjust itself
  
• HourToStart - hour of the day at which Blazar will start to look for trading opportunities
  
• HourToStop - hour at which Blazar will stop to look for trading opportunities
• DaysOfWeek - day of the week at which Blazar will be allowed to trade. E.g. 234 means 2nd, 3rd and 4th days of the week
  
• DisableHolidays - not to trade during New Year holidays
  
• PriceChannelPeriod - period of the channel used to analyse the market
  
• EnableTrendFilter - set to true if you want to avoid risky trades during periods of trending markets
• TrendFilterPeriod - period of the trend filter used by Blazar
  
• EnableVolatilityFilter - set to true if you want to avoid risky trades during periods of high volatility
  
• OrderTakeProfitPips - the size of Take Profit in pips (1 pip = 10 points)
• OrderStopLossPips - the size of Stop Loss in pips (1 pip = 10 points)
• EnableTradeDuration - set to true if you want to limit position holding time
• TradeDuration - set the maximum position holding time, in bars
• AvgMaxTrades - maximum number of averaging trades
  
• AvgMultiplier - averaging coefficient
  
• AvgStepPips - step in pips between averaging trades
  
• AvgCustomSettings - custom averaging coefficients, separated by commas
  
• BasicMagicNumber - add Magic number to trace trades you made with this EA. It must be less than 99999
  
• TradeComment - add any comments to your trades

Recommendations

• It is recommended to use default values for all parameters (except GMT offset if your broker uses different time zone). Test any changes thoroughly before running EA on a live account.
• Note that SpreadFilterPips and MaxSlippagePips parameters are execution dependent and might lead the system to skip trades that were seen on tests.

Notes

• Not required to activate 'Allow DLL Imports'

Try the demo now!