EA based on Trading Rush Video

Based off Trading Rush Video:
Testing 87% Win Rate Strategy 100 TIMES (Actually Worked)
Credit for the idea goes to Trading Rush: https://www.youtube.com/@TRADINGRUSH
Not meant for live trading!!! Educational only.
This is an MQL4 Expert Advisor - Source code included.
WARNING: This code attempt is a draft version and NOT 100% compliant with the videos rules. Feel free to change as you see fit. It was optimized for EURUSD on M15 data. Consider the parameters curve fitted.

Please read the full attached write up before playing around with it.

 

1. Core "Three Tries" Strategy: The EA implements a structured entry system based on MACD signals filtered by a longer-term EMA. It allows for up to three scaled-in entries to a position, aiming to improve the average entry price.
2. Advanced Virtual Stop Loss/Take Profit (VSL/VTP) System: A key feature is the EA's internal management of precise VSL and VTP levels. Actual trade exits are primarily triggered by the EA when these virtual levels are hit (using market orders), offering more control than relying solely on broker-side stops.
3. Two-Step Order Placement: To combat common OrderSend error 130 (invalid stops), the EA first sends orders "naked" (without SL/TP). Once the order is confirmed open, it then modifies the order to set wider, buffered SL and TP levels with the broker, which primarily act as a safety net.
4. Sophisticated Position Sizing & Compounding: The EA offers multiple position sizing modes: Fixed Lot, Percent Risk Equal (compounding per part), and a flexible Percent Risk Compounding option. The latter can operate in a "Unified Turtle Series Risk" mode (distributing a total series risk percentage across the three entries based on current equity) or allow individually staged risk percentages for each entry.
5. Dynamic Basket Management: When multiple entries are active in a series, the EA calculates a volume-weighted average entry price. The Virtual Take Profit (virtualTakeProfitLevel_Basket) is dynamically updated based on this average price and the fixed series VSL, using user-defined R:R ratios. Broker-side TPs for all open orders in the series are then adjusted to align with this basket VTP (plus a buffer).
6. Comprehensive Auxiliary Features: The EA is packed with helpful utilities, including:
   1. A detailed on-chart Heads-Up Display (HUD) showing strategy status, VSL/VTP levels, P/L, and more.
   2. Filters for trading hours and maximum allowable spread.
   3. Strategy Tester speed controls for visual backtesting.
   4. Extensive Print(__LINE__, ...) logging for easier debugging and analysis.
   5. Unique magic number generation per chart/symbol/period.

7. Robust Framework for Further Tuning: The VSL/VTP system and two-step order process have made the EA's execution more reliable. The code is well-structured, providing a solid foundation. The primary focus for users will now be on strategic parameter tuning (R:R ratios, signal sensitivity, VSL placement, compounding settings) to optimize for consistent monetary profitability, as initial tests show high pip win rates don't always translate directly to currency gains with this type of scaled, compounded strategy.

Strategy Overview

1. Based on MACD entries filtered by a long-term EMA.
2. Allows up to 3 scaled entries per trade to improve average price.
3. Inspired by Trading Rush’s “87% Win Rate” strategy.

Key Features

1. Virtual Stop Loss/Take Profit (VSL/VTP): Managed internally for precise exits.
2. Two-step order placement: Avoids MT4 error 130.
3. Flexible position sizing: Fixed lot, % risk per entry, or total risk across entries (Turtle-style).
4. Dynamic basket TP: Adjusts TP based on weighted average entry.
5. On-chart HUD + full logging.
6. Trading filters: Hours, spread, tester speed control.

Note

1. Not for live trading — educational only.
2. Optimized for EURUSD M15, but parameters may be curve-fitted.
3. Strategy can be fine-tuned for better monetary performance, not just pip win rate.

Can't get the EA to place a trade.

HI Ozzie,
Seems like the tradingday settings have something to do with it.
When i turned on the Saturday for trading it ran.
The code uses TimeCurrent() so when you run it on a Saturday it apparently uses the current (Saturday) time.
Might be better to use the time of the last bar instead.

Cheers
F

ps. Attached the same code using the Time[0] (last time of the most recent bar) instead of TimeCurrent()
Seems to work with default settings (FWIW ;-))

This ea looks very promising.

Check maximum spread allowed setting.
MaxAllowedSpreadPoints = 2.0. Try increasing this to 21.0.
For pairs with a wide spread this setting will kill trading.

/

Yes, I saw those comments.

In essence this EA acts like a Basket Trader with shallow profit targets. Basket Traders generally try to dollar cost average, and whenever you try to mitigate losses through averaging, you run the risk of simply having a big loss, especially when the market is trending against you.

My findings were that a large stop loss, such as setting your stop loss above below the next support or resistance area, may be set too far away, and causes even poorer R:R. More work in improving R:R is needed.