The Pirate One EA trades during small market volatility, after the end of our session, tracking the price levels on several indicators. After that, it opens positions and monitors them until they are closed with a profit or, if possible, with a small loss.
It does not use the martingale strategy, averaging positions, waiting for loss, etc. Positions can be opened with fixed TakeProfit and virtual. It is possible to use a dynamic lot to increase the volume of positions with successful trading.
The size of Risk, TakeProfit, and Stoploss, only for average testing, for each currency pair to select separately!.
Recommendations
- Work Best On EURCHF, EURGBP, GBPUSD.
- Possible currency pairs for testing: CHFJPY, EURAUD, USDCAD.
- I do not recommend a bet on all pairs at once! especially if they are correlated with each other. It is better to put first on one tested and optimized pair with a small risk, or a fixed lot, to get acquainted with the trading process. Once the trading results are satisfactory, you can add risk and pairs.
- Work best on M15 Time Frames
- Low Spread ECN account is recommended (Find the Perfect Broker For You Here)
- Use this free forex EA on a VPS with minimal network latency to the broker’s server(Reliable and Trusted FOREX VPS – FXVM)
can this be used on live account
it works on live accounts still, recommend testing on a demo account for a few days at least.
Will it expire after some time?
no
Thanks.
What the Fuck!! oyeah!
It’s Didn’t Open Any Trade In Demo Account ! It is Really Work ???
dude this bot is insane wtf.
what do u mean
What do u mean by its insane.. is the E.A good or bad??
insane is very good.
you using default setting?
yes, i just change the lot size based on how much money i have.
you on live wit it bro? If so how has it been
this doesnt take orders, it shows no errors on why is not taking orders. on live and demo. only works in back test.
you have to change start hour to 1 and end hour to 0
Thanks for your comment, very helpful!
when I change the Hour to 1 and end hour to 0 it losses , please help
It’s the opposite. Start time is zero. End is 1.
i thought start hour is default 0?
start with 0 and end with 1…
the bot only runs one hour every night… it reduces the risk
that’s why the bot works… if you increase the hours, it will blow your account…
Is there a chance to update it?
It’s a really good EA
Hey guys. I want my lotto be 0.01 and not change at all but even if i put that in lot size it opens order with bigger and different lot . How do i do so that i have 0.01 as fixed lot. thank you all.
You have to change your risk %. Change it to 1% and look what happens.
how to change risk %?
Have someone tested it on live account?
The pirate one ea to me it says not permitted
cannot backtest?
This bot does not open stop loss and take profit although I set up SL 30, TP 20
It does TP and SL virtually.
can we start with a 100$ account?
I started with just 200 and made $48 in 7 hours at 0.01 not bad for just doing nothing just letting it do what it needs to. just think about how much it can make with a bigger lot size
Hi, which pair did you apply it on because I have tried the ones specified but some weren’t that great.
How did you even start it? It doesn’t take any trades when I run it.
for me trades are not even openning
It will never make a trade.. The Spread is very high during this time its around 100
any set or setting?
I tested from 2 days in demo Ecn account : first day 40% , second day 0 . Is normal if doesn’t open any trade during day ?
Can this work on a standard account too? Or it has to be ECN?
it shows a grey box next to the ea in the ea list when i searched there’s .mql4 is missing, anyone could help
Anyone has the new version od Pirate ea
Its demo version is as attached
Thanks
Pirate
Hi ForexCracked, is the latest V1.9 of this EA available?
Is it for ECN only
can i use in in micro account
thank you sir
any one answer me please
It can work on micro account
Good in backtest. But during the time this robot makes trades, brokers make the spread very high. Which is why robot will find it hard to make a profit.
This is why many robots that have Asian session strategy fail.
Can it still work on real accounts?
0 hour to 1 hour refer to which time exactly? GMT 0 (London time)? Because if the broker is at 1 hour before GMT or 1 hour after GMT it make a difference and we need to adjust time to start in consequence. Backtest will trade by default GMT 0. So we need to apply proper GMT time offset I think. Because start 0 are in fact midnight and stop are 1 AM in London. Here in New-York time we have 5 hour difference with GMT 0 and we see spread get wider, much wider at 5 PM until 6 PM Est time which is 10 PM to 11 PM in London. And 2 hour after it’s midnight in London and spread get back to normal usually at that moment. So my conclusion is that spread should not be a problem as far you adjust your broker time to fit with midnight in London and stop one hour after.
To switch start to 1 hour and close to 0 result will be that EA trade almost all day long (23 hours) which is not the based strategy, be carefull. I think it require ECN or Pro account where broker charge commission with low spread. In my case I’m with FXChoice Pro account.
I almost forgot to tell. Apparently that EA require to be safe a news filter.
You need to enable WebRequest : Tools/Options/ExpertAdvisor and add that following web URL.
http://ec.forexprostools.com/?columns=exc_currency,exc_importance&importance=1,2,3&calType=week&timeZone=15&lang=1
It’s important otherwise you may get a huge drawdown at major news event.
Hello thank you for everything. How does it work ? Once i added the web URL it will auto detect the news impact? Is it possible to set the maximum level of news impact to trade and stop trading ?
Oblivian for the instruction on how to use the EA. But i am using FXchoice Pro like you I believe, so I have the NY time so what should I put? 0-1? Is it suppose to trade every day? The time frame is it according to your broker or you time zone? Thanks a lot.
Sorry guys, EA calculate the GMT offset by it’s own. Just need to activate Panel at true to see it on chart. BTW I have test it at the open of asian session and made a good trade with it. It’s just to confirm that it’s working. But I didn’t got my version from here. I don’t know if version you get on this website working. But I found a problem. EA do not respect StopLoss value and can remain on one trade position for too long causing a huge drawdown. It’s maybe just because that news filter not working on backtest condition. But it still remain a good EA even with that. I actually try to find a solution to fix this drawdown.
Ho I see… The draw down are in fact the gap on December 30th and Jannuary 3th. So just don’t trade while the holidays. Usefull to know.
Thank you for that comment. It helped me out a lot! Do you think this ea is profitable because I run it on a demo account and it don’t execute any trades from 0 to 1. Should I use a broker with fixed spread?:)
how to adjust the stoploss
Work for backtest.
No order for real account.
Help me please.
It only trades 1 hour a day.
It will not trade… the spread is too high on its trading hours
I adjusted EA, that it would start trading 11.45pm and end 01.15am. So it gives 30 minute window, where spread is normal. But make sure not to put too small SL or spread from 00.00 will hit it (default SL is very good). Still testing it on demo, but it looks very promising so far. Timeframe 11.45pm-00.00am looks even better than 01.00am-01.15am…
Can anyone share your setting screenshot in real account? Mine works on EU-TF15m with cents account. i only deposit 50USD. How about other pairs? Pls share here.
Is this can be use on cent account?
HERE ENJOY WORK BOTH ON EURUSD GBPUSD
What is your set file?
Another rubbish EA.
indeed. It lost 400 on a 2000 EUR demo account in 3 days.
When my EA opens a lot it shows a SL but it doesn’t show a TP. Is this normal for most EAs? I’ve seen this happen before.
Work on backtest.
No order on real account.
Help me please.
what a crappy EA, it only loses money.
Any chance you could crack Ranger EA?
“Automated trading is prohibited in the program properties”
This mean EA was patched, so can’t use it ??
me too
me too can you help me?
this is super ea if open position on real account
Robotu denedim. Saat 00.00-01.00 arasında back test sonuçları karlı gözüküyor. Diğer saat dilimlerinde zarar ediyor. 00.00-01.00 arası spread oranları çok yüksek olduğu için muhtemelen gerçek hesapta güzel sonuçlar vermeyecektir.
I am testing this EA. Following is the result of the first week of their respective currencies.
Admin, thanks for the hardwork, possible to crack this megastorm?
https://signal2forex.com/product/megastorm-ea-28-forex-robots-for-automated-trading/#reviews
Megastorm is crap. I used it for one almost one year. It made profit in balance only, but equity was always on the same initial level or even lower, because of growing DD. Finally I stopped it, because I didn’t see any real profit. I started from 1000USD. It made 4650USD balance and 800USD equity. So, no profit at all. And, of course, it didn’t passed march 2020.
Shitty EA. I lost all my funds. huge drawdown. The balance will keep multiplying. But equity will be at a loss.
can anyone knows why all EA is not taking order ? i have tried alot of them and all cracked EA doing the same
After try, not recommended this, the small profit cannot cover the loss, one stop loss need a 8-9 tp to recover.
no ea allways win,
Very bad EA.
which GMT ?