YPY EA Serena Basic is an innovative trading robot, which uses an adaptive scalping strategy in a calm market and performs automatic trading with real Take Profit and Stop Loss levels.
Only one order is used for trading each instrument, which ensures maximum safety of trading.
This EA is being constantly adjusted by the developer for short-
This current "Basic" version of the YPY EA Serena robot is installed only on one М15 EURUSD chart and automatically uses the following tools for multicurrency trading: AUDJPY, CHFJPY, EURAUD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPJPY, USDCHF.
In Basic version, orders can be opened only by one instrument of all supported (where the first signal appears)
We pay particular attention to the maximum security and stability of trade during the development and testing. For this we necessarily integrate several independent levels of protection into each trading system to protect the deposit and ensure the most safe trade:
1. Protective real stop-
2. Individual virtual levels of stop-
3. Forced automatic closing of positions and stopping trade in case of detection of abnormal dangerous movements of market prices.
4. Forced automatic closing of positions in case of exceeding the volatility limits that are acceptable for trading logic.
5. Automatic closing of virtual orders when a virtual strategy exceeds its maximum allowable drawdown. This works for each virtual strategy independently.
6. Automatic adaptive spread expansion control, which does not allow opening new orders under inadequate trading conditions.
7. Automatic activation of the "PauseTrade" mode if the actual size of the leverage is less than the allowable size.
8. Automatic activation of the "PauseTrade" mode in case of detection of margin level of less than acceptable size.
9. The ability for the user (if desired) to additionally manually limit the size of the maximum allowable total drawdown for open orders.
Trading is fully automated.
Optimization is not required.
High operability, no needless setting.
Protective real StopLoss and TakeProfit levels
Additional protections against abnormal movements of the market price
Description of the Main Expert Advisor Settings
TradeMode = Trade/Pausetrade/Stoptrade
Trade – trading mode
Pausetrade – when this mode is enabled, the trading complex continues maintaining existing orders without looking for new entry points in order to progressively complete the trading on the account.
Stoptrade – when this mode is enabled, the trading complex immediately completes the trading by closing all of its orders.
Closing the EA orders in any other way is prohibited, as well as the transfer of the EA to another terminal without the files it creates in the MQL4folder.
The AutoMM system supports the following account currencies:
If quotes for the user's account currency are not available in the terminal, the currency is considered unknown and the AutoMM system will use a fixed rate 1USD=100 account currency units.
MinLeverage – the minimum leverage value required for opening new orders.
MinMarginLevel – the minimum account margin level in percents required for opening new orders.
The default setting (BrokerTimeZone=2) is suitable for most brokers who use the GMT+2 time offset in winter.
Each user can find out this time, as well as the DST system directly from their broker.
The user tests, determines the risks for every new version of the EA by himself. It is recommended to get acquainted with the expert operation in the strategy tester of the terminal and on a demo account.
It is recommended to always use the latest version. To update, it is sufficient to download the latest version of the EA and attach it to the chart instead of the older version. All previously opened orders will be maintained by the new version accordingly.
The expert must be attached separately to every chart of the traded instrument.
Requirements for the trading conditions:
Any broker with account types ECN, MTF, DMA, NDD with market execution and thin spreads for the night market
Minimum leverage is 1:50. Recommended leverage is 1:200 or higher
Minimum deposit is $1000 (cents for cent accounts). Recommended deposit is $3000 and above (cents for cent accounts).
If you prefer a calm trading or if you are not familiar with the product, we recommend using AutoMM=Minimum
3 Year Back Test results (period 2014-
Please click on the links below if you want to download the full test report (quality of modeling 99% with floating market spread).
YPY EA Serena Basic v9.3 EURUSD fixed lot
Mandatory FOREX Disclaimers:
Fore trading is speculative, involves substantial risk and is not suitable for all investors. consider the suitability of Forex/Futures trading before making any investment decision. Past performance is not necessarily indicative of future results. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be fully aware of all the risks associated with foreign exchange trading.