MT5 - BTCUSD Optimisation - Any ideas where to start with the settings?

Avatar
Kishan Bhatt
  • updated
  • Under review

Hello, 

Just wondering if anyone has any ideas where to start with settings for crypto?

MT version:
EA version:
Symbol:
BTCUSD
TimeFrame:
5 minutes
Replies 23
Avatar
0
IntheDark

Cryptos sound like a good way to trade also on weekends.

Please, keep us updated with your findings.

Avatar
0
Kishan Bhatt

Hi, 

You do you mean the points below. Do you have an idea where I could start?


MA Filter Type

(starting from v2.15)

Type of MA filter:

  • Disabled: MA filter disabled
  • Buy below MA / Sell above MA:
    • BUYs are allowed if MA - Ask >= Distance
    • SELLs are allowed if Bid - MA >= Distance
  • Buy above MA / Sell below MA:
    • BUYs are allowed if Ask - MA>= Distance
    • SELLs are allowed if MA - Bid >= Distance

Distance can be set in 2 modes (Distance type parameter):

  • In points: fixed distance in points
  • Volatility * Coefficient: distance is calculated as “current volatility * Coefficient”

Distance can be negative (so, in Buy below MA mode BUYs will be allowed if Ask above the MA, but not more than by distance points).

Volatility Indicator, TimeFrame and Period
(starting from v2.15)

Indicator used for the Distance calculation in the MA Filters.

Can be one of the following:

  • ATR
  • StDev
  • ATR based on “Close-Open” (high and low prices not used)
  • WATR

Volatility Filter Indicator
(starting from v2.15)

Indicator for the Volatility Filter:

  • Disabled: Volatility Filter disabled
  • ATR
  • StDev
  • ATR based on “Close-Open” (high and low prices not used)
  • WATR

Volatility Filter TimeFrame

TimeFrame for the Volatility Filter

Indicator Period

Selected Volatility indicator period

Min Volatility

Min volatility (in points) to allow new trade (both buy and sell).

Set 0 to disable minimum volatility value.

Max Volatility

Max volatility (in points) to allow new trade (both buy and sell).

Set 0 to disable maximum volatility value.

Smoothing Filter

Smoothing Volatility filter. Can be one of following:

  • Disable Smoothing Filter: filter disabled
  • Allow trade on growth (Volatility > MA): new trade is allowed only if the Volatility indicator is greater than MA based on it.
  • Allow trade on reduce (Volatility < MA): new trade is allowed only if the Volatility indicator is lower than MA based on it.

Smoothing Period

MA period for Smoothing Volatility filter

Avatar
0
Andrey Khatimlianskyi

Adjust all "point" parameters. Then try to find good signal.